NonprofitsMaryland Reads Inc

Education

Maryland Reads Inc

KENSINGTON, MD

Total revenue

$355K

Total expenses

$451K

Net assets

$68K

Grants received

$645K

5 grants

EIN

921574563

Tax year

2024

Mission

To foster a transformative culture that dramatically improves reading proficiency across Maryland by empowering stakeholders and amplifying their collective voices to drive meaningful change in policy and practice within their communities and our state.

Programs

2 programs

Maryland READS Expert Advisory Delegation: Established a panel of experts to inform our work in specific content areas including providing feedback on the draft of the Pre-K to 3 Literacy Policy and hosting a summit on the Digital Dilemma

Expenses: $51K

Build the Read Strong Network: Create local thriving reading ecosystems using a county by county approach within Maryland.

Expenses: $177K

Financials

FY 2024

Revenue

Contributions & grants$355K
Program service revenue
Investment income
Other revenue$83
Total revenue$355K

Expenses

Grants paid
Salaries & benefits$416K
Fundraising$4K
Other expenses$31K
Total expenses$451K
Total assets$68K
Net assets$68K

People

1 listed

NameRoleCompensation

Patricia Brennan-Gac

Executive Director

Board

$126K

25 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$80K
GENERAL OPERATIONS
2024
$20K
EDUCATION
2024
$5K
YOUTH OPPORTUNITY
2024
$500K
For grant recipient's exempt purposes
2023
$40K
GENERAL OPERATIONS
2023

Funded by

$645K from 4 funders · 5 grants · 2023–2024

Sherman Family Foundation

$120K · 2 grants · 2023–2024

The Abell Foundation Inc

$20K · 1 grant · 2024

T Rowe Price Foundation

$5K · 1 grant · 2024

Details

EIN921574563
NTEE codeB92
Subsection03
Ruling date2023-03
Formed2022
Employees0
Volunteers2
MARYLAND READS INC — Mission, Financials & Grants Received | Grantivo