Readykids Inc

Organization Overview

Readykids Inc, operating under the name ReadyKids, is located in Charlottesville, VA. The organization was established in 1963. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2022, ReadyKids employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. ReadyKids 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, ReadyKids generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. While expenses have increased by 6.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

READYKIDS PROMOTES KIDS' WELL-BEING THROUGH COUNSELING, FAMILY SUPPORT, AND EARLY LEARNING OPPORTUNITIES. FOR OVER 100 YEARS, WE HAVE SERVED CHARLOTTESVILLE AND THE FIVE SURROUNDING COUNTIES WITH PROGRAMS AND SERVICES THAT RESPOND TO THE CHANGING NEEDS OF KIDS AND FAMILIES. IN FY22, WE IMPACTED MORE THAN 6,800 KIDS, PARENTS, AND CAREGIVERS THROUGH OUR SEVEN PROGRAMS, AND 95.5% OF PARTICIPANTS MET TARGETED OUTCOMES. FOR THE FISCAL YEAR, READYKIDS' NET ASSETS DECREASED $397K. THIS AMOUNT IS DIRECTLY ATTRIBUTED TO A DECREASE IN RESERVE FUNDS THAT WERE TIED TO MARKET PERFORMANCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EARLY LEARNING PROGRAMS: READYSTEPS ENCOURAGES PARENTS AS A CHILD'S FIRST AND BEST TEACHER THROUGH EARLY LEARNING PLAYGROUPS WITHIN THEIR HOME COMMUNITY. STAR KIDS TEACHES PRESCHOOL-AGE KIDS TO DEVELOP SELF-REGULATION AND PROBLEM SOLVING SKILLS TO MAKE HEALTHY CHOICES AND AVOID RISKY BEHAVIORS. GROWING MINDS IMPROVES THE QUALITY OF EARLY CHILDHOOD CARE AND PRESCHOOL SETTINGS BY OFFERING PROFESSIONAL DEVELOPMENT, COACHING, TRAINING AND SUPPORT TO EARLY CHILDHOOD TEACHERS AND PROGRAM LEADERS. THESE PROGRAMS IMPACTED 5,159 PARTICIPANTS AND OVER 90% OF PARTICIPANTS MET TARGETED OUTCOMES.


FAMILY SUPPORT PROGRAMS: REAL DADS MENTORS DADS TO BUILD MORE SECURE RELATIONSHIPS WITH THEIR KIDS. THROUGH FACILITATED GROUP MEETINGS AND ONE-ON-ONE COACHING SESSIONS, FATHERS DEVELOP SKILLS TO GROW RESPONSIBLE, EMPOWERED, AVAILABLE, AND LOVING (REAL) RELATIONSHIPS WITH THEIR KIDS. HEALTHY FAMILIES FOSTERS NURTURING FAMILY RELATIONSHIPS FOR PREGNANT PEOPLE AND SAFE ENVIRONMENTS FOR YOUNG CHILDREN THROUGH REGULAR HOME VISITING. THESE PROGRAMS IMPACTED 666 PARTICIPANTS AND OVER 90% OF PARTICIPANTS MET TARGETED OUTCOMES.


COUNSELING PROGRAMS: INSIDE OUT PROVIDES COUNSELING TO HELP KIDS AND FAMILIES WHO HAVE EXPERIENCED TRAUMA BEGIN THE HEALING PROCESS. TEEN COUNSELING PROVIDES INDIVIDUAL AND FAMILY COUNSELING TO FOSTER POSITIVE, NURTURING FAMILY RELATIONSHIPS AND TO ENSURE THAT TEENS ARE SAFE AND HEALTHY. THESE PROGRAMS IMPACTED 1,015 PARTICIPANTS AND OVER 90% OF PARTICIPANTS MET TARGETED OUTCOMES.


READYKIDS WAS THE FISCAL SPONSOR FOR STEPPING STONE CHARLOTTESVILLE, AN ORGANIZATION THAT PROVIDED LIFE'S ESSENTIALS TO UNDER-RESOURCED FAMILIES LIVING IN CHARLOTTESVILLE AND ALBEMARLE COUNTY WHO HAD CHILDREN BETWEEN THE AGES OF NEWBORN AND THREE. THESE ITEMS HELPED TO ENSURE A HEALTHY, SAFE START TO LIFE.


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Financial Statements

Statement of Revenue
Federated campaigns$30,000
Membership dues$0
Fundraising events$7,400
Related organizations$0
Government grants $1,289,080
All other contributions, gifts, grants, and similar amounts not included above$1,181,820
Noncash contributions included in lines 1a–1f $7,462
Total Revenue from Contributions, Gifts, Grants & Similar$2,508,300
Total Program Service Revenue$306,179
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 $2,835,341

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Readykids Inc has recieved totaling $3,000.

Awarding OrganizationAmount
L E A W Family Foundation Inc

Scottsville, VA

PURPOSE: GENERAL PURPOSE OF DONEE

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,370,169
Earnings-$265,687
Admin Expense$14,645
Ending Balance$1,089,837

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