We Shall Read
- Assets
- $377.4k
- Revenue
- $543.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington, MI
- Founding
- Data as of
- 12/2023
- EIN
- 86-1665696
Organization Overview
We Shall Read is located in Farmington, MI. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. We Shall Read 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 12/2023, We Shall Read generated $543.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 48.9% each year . All expenses for the organization totaled $389.9k during the year ending 12/2023. 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 TRAIN AND MENTOR TEACHERS, TUTORS, AND PARENTS IN BRAIN FRIENDLY INSTRUCTIONAL STRATEGIES THAT IMPROVE CHILDRENS READING, SPELLING, AND WRITING REGARDLESS OF THEIR AGE, ABILITY, OR BACKGROUND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SHALL READ (WSR) IS DEDICATED TO TRAINING AND MENTORING EDUCATORS, TUTORS, NON-PROFIT TEAMS, AND PARENTS IN BRAIN-FRIENDLY INSTRUCTIONAL STRATEGIES AIMED AT ENHANCING CHILDRENS READING, SPELLING, AND WRITING SKILLS, IRRESPECTIVE OF AGE, GRADE, ABILITY, OR BACKGROUND. WSRS VISION IS TO ACHIEVE A 95% OR HIGHER PROFICIENCY IN GRADE-LEVEL READING AMONG CHILDREN. IN 2023, WSR AWARDED $107,100 IN SCHOLARSHIPS TO MENTORME! PARTICIPANTS AND CERTIFIED 38 NEW BFR READING INTERVENTIONISTS. OVER 260 TEACHERS HAVE BEEN EQUIPPED WITH BFR STRATEGIES, BENEFITING MORE THAN 4,000 STUDENTS ANNUALLY. WITH OVER 7,380 HOURS OF PROFESSIONAL DEVELOPMENT PROVIDED, INCLUDING 2,000+ HOURS OF PERSONALIZED MENTORING, WSR BRIDGES THE GAP FROM THEORY TO PRACTICE. WSRS COMMITMENT IS EVIDENT IN ALLOCATING 89% OF REVENUE TOWARDS PROGRAM IMPLEMENTATION AND LONG-TERM SUPPORT, ENSURING SUSTAINED GROWTH AND IMPACT. WSR HOSTED FOUR IN-PERSON 30-HOUR MENTORME! PROGRAMS WITH A TOTAL OF 85 PARTICIPANTS AND SAW 37 TRAINEES BECOME CERTIFIED PROFESSIONAL BFR READING INTERVENTIONISTS. WSR HOSTED 44 MONDAY NIGHT GROUP COACHING CALLS AVERAGING 25 ATTENDEES EACH, AND CREATED 18 NEW TOOLS IN 10! VIDEOS FOR PROFESSIONAL DEVELOPMENT, WHICH ARE SHARED GLOBALLY VIA THEIR YOUTUBE CHANNEL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ebony Matthews Director | Trustee | 1 | $0 |
Lisa Wolfinger Director | Trustee | 1 | $0 |
Farah Jalloul Director | Trustee | 1 | $0 |
Jennifer Arnold Director | Trustee | 1 | $0 |
Lauren Stevenson Board Chair | OfficerTrustee | 1 | $0 |
Rychee Vetor Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $456,608 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $456,608 |
| Total Program Service Revenue | $87,265 |
| 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 | $543,873 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $229,152 |
| Compensation of current officers, directors, key employees. | $94,155 |
| 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 | $0 |
| Fees for services: Legal | $66,217 |
| 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 | $53,698 |
| Advertising and promotion | $1,834 |
| Office expenses | $19,786 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,000 |
| Travel | $7,505 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,663 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $530 |
| Insurance | $2,223 |
| All other expenses | $20 |
| Total functional expenses | $389,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,703 |
| Savings and temporary cash investments | $75,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,840 |
| 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 | $2,333 |
| Net Land, buildings, and equipment | $1,545 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $377,421 |
| Accounts payable and accrued expenses | $16,759 |
| 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 | $0 |
| Total liabilities | $16,759 |
| Net assets without donor restrictions | $330,662 |
| Net assets with donor restrictions | $30,000 |
| 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 | $377,421 |