Read-Aloud Delaware
- Assets
- $319.6k
- Revenue
- $454.1k
- Investments
- $0.0
- Employees
- 10
- Location
- Wilmington, DE
- Founding
- 04/1987
- Data as of
- 06/2022
- EIN
- 51-0280486
Organization Overview
Read-Aloud Delaware is located in Wilmington, DE. The organization was established in 1987. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 06/2022, Read-Aloud Delaware employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Read-Aloud Delaware 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 06/2022, Read-Aloud Delaware generated $454.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $398.5k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO CREATE A LIFE-LONG IMPACT THROUGH EARLY CHILDHOOD LITERACY.OUR VISION IS THAT CHILDREN ACROSS DELAWARE WILL HAVE THE FOUNDATIONAL LITERACY SKILLS TO SUCCEED IN SCHOOL AND LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
READ ALOUD DELAWARE, INC. PROMOTES AND CARRIES OUT PROGRAMS AIMED AT ENSURING PRESCHOOL CHILDREN HAVE SOMEONE TO READ TO THEM ON A REGULAR BASIS.IN THE PAST YEAR, 179 VOLUNTEERS CONDUCTED APPROXIMATELY 27,823 INDIVIDUAL READING SESSIONS FOR DELAWARE'S CHILDREN.
LENA START IS A PROGRAM IMPLEMENTED BY READ ALOUD DELAWARE, INC. THE PROGRAM CONSISTS OF 10 WEEKLY, ONE-HOUR SESSIONS AND USES REGULAR FEEDBACK FROM LENA'S CORE "TALK PEDOMETER" TO IMPROVE TALK IN THE HOME. THE WEARABLE PEDOMETER LETS PARENTS KNOW HOW MUCH THEY'RE TALKING AND HOW MANY BACK-AND-FORTH INTERACTIONS THEY ARE HAVING WITH THEIR CHILDREN. OVER THE 10-WEEK PROGRAM, PARENTS LEARN ABOUT THE IMPORTANCE OF INTERACTIVE TALK ALONG WITH WAYS TO INCORPORATE MORE TALK INTO THEIR DAILY ROUTINES. LENA START HELPS PARENTS IMPROVE COMMUNICATION IN THE HOME, AND IS GIVING THEM THE TOOLS TO CLOSE GAPS IN KEY SKILL SETS THAT INCLUDE READING, COMPREHENSION, AND LANGUAGE DEVELOPMENT. THE LENA START PROGRAM IMPACTED NEARLY 100 FAMILIES DURING FISCAL YEAR 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne A Brennan President (effective 10/21) | OfficerTrustee | 5 | $0 |
Stephen A Spence ESQ Treasurer | OfficerTrustee | 5 | $0 |
Melissa Nolan Secretary (effective 10/21) | OfficerTrustee | 5 | $0 |
Tom Black President (through 10/21) | OfficerTrustee | 5 | $0 |
Will Ulrich Secretary (through 10/21) | OfficerTrustee | 5 | $0 |
Edward Dawley PHD Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $46,254 |
| Related organizations | $0 |
| Government grants | $262,204 |
| All other contributions, gifts, grants, and similar amounts not included above | $142,967 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $451,425 |
| Total Program Service Revenue | $2,665 |
| Investment income | $0 |
| 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 | $454,090 |
| 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. | $80,993 |
| Compensation of current officers, directors, key employees. | $17,983 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $149,594 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,515 |
| Payroll taxes | $18,291 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,639 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,485 |
| Advertising and promotion | $3,042 |
| Office expenses | $5,244 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,885 |
| Travel | $7,764 |
| 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 | $2,611 |
| Insurance | $6,247 |
| All other expenses | $7,683 |
| Total functional expenses | $398,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,264 |
| 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 | $8,335 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $319,599 |
| Accounts payable and accrued expenses | $7,868 |
| Grants payable | $0 |
| Deferred revenue | $500 |
| 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 | $0 |
| Total liabilities | $8,368 |
| Net assets without donor restrictions | $218,202 |
| Net assets with donor restrictions | $93,029 |
| 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 | $319,599 |