Start The Adventure In Reading Stair Annapolis
- Assets
- $327.5k
- Revenue
- $370.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Annapolis, MD
- Founding
- 08/2014
- Data as of
- 06/2023
- EIN
- 46-4769978
Organization Overview
Start The Adventure In Reading Stair Annapolis, operating under the name Stair, is located in Annapolis, MD. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2023, Stair employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stair is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Stair generated $370.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $304.6k during the year ending 06/2023. While expenses have increased by 20.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE THE READING LEVEL OF SECOND GRADERS READING BELOW GRADE LEVEL, TO INCREASE STUDENTS' SENSE OF SELF-ESTEEM AND SELF-CONFIDENCE, AND TO PROVIDE A CARING ENVIRONMENT WHERE READING IS FUN!
Describe the Organization's Program Activity:
Part 3 - Line 4a
STAIR'S PROGRAM RUNS FROM OCTOBER TO MAY EACH YEAR AND SERVES 100 PRIMARILY LOW-INCOME AND MINORITY CHILDREN AT 12 SITES THROUGHOUT ANNE ARUNDEL COUNTY. STAIR VOLUNTEERS WORK ONE-ON-ONE WITH EACH STUDENT FOR TWO AND A HALF HOURS HOURS EVERY WEEK: READING TO AND WITH THEM: STRENGTHENING AND BUILDING THEIR DECODING, SPELLING AND COMPREHENSION SKILLS THROUGH AN ENGAGING CURRICULUM; PLAYING INSTRUCTIONAL GAMES AND MENTORING THEM AS THEY GROW IN CONFIDENCE AND SELF-ESTEEM. STAIR FOLLOWS AN ANNE ARUNDEL COUNTY PUBLIC SCHOOLS (AACPS) APPROVED CURRICULUM, AND CONFIDENCE AND TRUST ARE DEVELOPED THROUGH THE PAIRING OF STUDENTS WITH TUTORS-SAME STUDENT/SAME TUTOR FOR THE ENTIRE SCHOOL YEAR. THIS ENVIRONMENT OF STABILITY AND INSTRUCTIONAL SUPPORT LEADS TO A MEASURABLE INCREASE IN STUDENTS' ACCURACY, FLUENCY AND READING COMPREHENSION LEVELS. STAIR HELPS CHILDREN BUILD HOME LIBRARIES THROUGHOUT THE YEAR, AND KEEPS THEM ENGAGED WITH READING OVER THE SUMMER WITH BOOK PACKETS SENT TO THEIR HOMES. EACH STAIR CHILD WILL LEAVE THE PROGRAM WITH AT LEAST 25 BOOKS OF THEIR OWN, AN AVERAGE INCREASE OF 5.3 READING LEVELS AND--WE HOPE!..A LIFELONG LOVE OF READING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Eggbeer President | OfficerTrustee | 15 | $0 |
Kevin Simmons Vice President | Trustee | 10 | $0 |
Eileen Cortese Secretary | OfficerTrustee | 10 | $0 |
Mike Viscardi Jr Treasurer | OfficerTrustee | 10 | $0 |
Doug Smith Immediate Past-President | Trustee | 10 | $0 |
Deni Henson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $163 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $369,218 |
| Noncash contributions included in lines 1a–1f | $54,944 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $369,381 |
| Total Program Service Revenue | $0 |
| Investment income | $1,534 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $370,915 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $210,994 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $60,700 |
| Total functional expenses | $304,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $327,498 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $327,498 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,000 |
| Total liabilities | $5,000 |
| Net assets without donor restrictions | $322,498 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $327,498 |