NonprofitsRead Alliance Inc

Education

Read Alliance Inc

NEW YORK, NY

Total revenue

$5.0M

Total expenses

$4.4M

Net assets

$4.0M

Grants received

$8.9M

191 grants

EIN

134091062

Tax year

2023

Mission

Work to accelerate the educational trajectory of early elementary students through the power of teens who provide one-to-one literacy tutoring in under-resourced communities.

Programs

1 program

Early literacy program- read's unique early literacy program is 45 sessions, and provides 90 minutes of programming per day in two parts: 1) a 45-minute session of one-to-one, individualized literacy intervention using a structured, phonics-based curriculum delivered to the younger read students by paid read teen leaders, and 2) a 45-minute group work session led by a read teacher, either homework help or complementary literacy activities. During the one-to-one tutoring session, students read out loud to their teen leaders a book they have already mastered, and then the teen leader provides explicit one-to-one reading instruction and practice. At the end of each session, students are given a book from our lending library for continued practice at home. Read alliance targets its early literacy program to kindergarten, first and second graders who are reading at least half a grade level behind. The individualized, phonics- based instruction uses a structured curriculum to advance reading skill improvement of an average of at least one reading level in just 30 sessions. More than 85 percent of participants who complete the read program advance their reading skill improvement an average of at least one reading level. In fy24 read alliance served 1,256 unduplicated readers in 1,560 seats, and employed 1,046 unduplicated teen leaders in 1,373 positions in 3 states.

Expenses: $2.0M

Financials

FY 2023

Revenue

Contributions & grants$4.7M
Program service revenue$372K
Investment income$119K
Other revenue
Total revenue$5.0M

Expenses

Grants paid
Salaries & benefits$3.2M
Fundraising$431K
Other expenses$1.2M
Total expenses$4.4M
Total assets$5.0M
Net assets$4.0M

People

24 listed

NameRoleCompensation

DANIELLE GUINDO

EXECUTIVE DI

Board

$246K

40 hrs/wk

YVETTE RUSSELL

CHIEF STRATE

Board

$191K

40 hrs/wk

DEBJANI BAGCHI

DIRECTOR

Board

1 hrs/wk

ADAM BAXTER

DIRECTOR

Board

1 hrs/wk

MARCIA CANTARELLA

DIRECTOR

Board

1 hrs/wk

MARIANA DE LA VEGA

DIRECTOR

Board

1 hrs/wk

KATE BROWN

DIRECTOR

Board

1 hrs/wk

DAVID FOSTER

DIRECTOR

Board

1 hrs/wk

JENNA GOUDREAU

DIRECTOR

Board

1 hrs/wk

SAMUEL GRADESS

DIRECTOR

Board

1 hrs/wk

MARK A HEMENETZ

CHAIR

Board

3.5 hrs/wk

MARK MOORE

DIRECTOR

Board

1 hrs/wk

ZOE MOUNTROUKAS

DIRECTOR

Board

1 hrs/wk

PETER NKONGHO

DIRECTOR

Board

1 hrs/wk

PATRICK RAMSEY

DIRECTOR

Board

1 hrs/wk

RICHARD ROBINSON

DIRECTOR

Board

1 hrs/wk

JULIE STERLING

DIRECTOR

Board

1 hrs/wk

CHRISTOPHER VOLPE

DIRECTOR

Board

1 hrs/wk

KATY KNIGHT

DIRECTOR

Board

1 hrs/wk

ROBERT BROWN

VICE PRESIDE

Board

2 hrs/wk

MICHAEL LUBOWITZ

SECRETARY

Board

2 hrs/wk

JASON TEETERS

TREASURER

Board

2 hrs/wk

MARCOS CLANDER

SNR DIRECTOR

Staff

$115K

40 hrs/wk

PATRICIA MACLEAN

DIRECTOR OF

Staff

$105K

40 hrs/wk

Grants received

Showing 191 of 191

FromAmountPurposeYear
$300K
NYC READS INITIATIVE LITERACY ACTIVITIES
2024
$250K
FOR UNRESTRICTED USE
2024
$100K
FOR THE FY24 AND FY25 SCHOOL YEAR AND SUMMER READING PROGRAMS
2024
$75K
General & Unrestricted
2024
$50K
FUND ORGANIZED CHARITIES PLANNED PURPOSES EDUCATIONAL
2024
$50K
CHARITABLE IRC 170 (C)(2)
2024
$50K
TO INC LITERACY SKILLS IN STUDENT GRADES K-2 WITH TRAINED TEEN TUTORS
2024
$30K
FOR PROGRAM SUPPORT.
2024
$25K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.
2024
$20K
GENERAL OPERATING SUPPORT
2024
$10K
TEEN LEADERSHIP PROGRAM - PATHWAYS TO A LEGAL CAREER SPONSOR
2024
$10K
GENERAL OPERATING SUPPORT
2024
$10K
General & Unrestricted
2024
$9K
PURCHASE OF EQUIPMENT.
2024
$5K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$3K
FUND ORGANIZED CHARITIES PLANNED PURPOSE EDUCATION
2024
$3K
GENERAL PURPOSE
2024
$3K
UNRESTRICTED GENERAL
2024
$2K
MATCHING GIFTS
2024
$750
FUNDING FOR READING PROGRAMS FOR PRE-SCHOOL AND KINDERGARTEN CHILDREN IN UNDESERVED AREAS.
2024
$500
DONATION
2024
$250
GENERAL OPERATING PURPOSE
2024
$1.1M
For grant recipient's exempt purposes
2023
$340K
LITERACY TUTORING
2023
$200K
FOR UNRESTRICTED USE
2023
$196K
Education
2023
$180K
EDUCATION READ WRITE & CODE- RWC BUILDS UPON LESSONS LEARNED FROM READNYC, UWNYCS DECADE-LONG LITERACY PROGRAM IN MOTT HAVEN IN THE BRONX, AND ADDS NEW ELEMENTS TO HELP PREPARE CHILDREN FOR POST-COVID CIVIC AND ECONOMIC ENGAGEMENT. RWC CONTINUES TO ADDRESS CHILDRENS FOUNDATIONAL LITERACY AND WELLNESS NEEDS: INCREASING EARLY LITERACY VIA HOME, SCHOOL, AND COMMUNITY LIBRARIES; PROVIDING OUT-OF-SCHOOL LEARNING AND WELLNESS OPPORTUNITIES FOR CHILDREN AND FAMILIES; AND BUILDING TEACHERS CAPACITY TO MEET CHILDRENS LITERACY NEEDS IN A DIGITAL AGE. AT THE SAME TIME, RWC INVESTS IN STUDENTS ADVANCED 21ST CENTURY LITERACY NEEDS: INNOVATIVE METHODS TO INTEGRATE READING AND WRITING INSTRUCTION, MULTIMODAL APPROACHES TO CULTURALLY RESPONSIVE PEDAGOGY, AND INTRODUCING COMPUTER SCIENCE TO TEACHERS AND STUDENTS IN HUMANITIES SETTINGS.
2023
$100K
FOR THE READ ALLIANCE FY 22 AND FY 23 SCHOOL YEAR AND SUMMER READING PROGRAMS
2023
$75K
Education
2023
$75K
General & Unrestricted
2023
$75K
FUND ORGANIZED CHARITIES PLANNED PURPOSES EDUCATIONAL
2023
$50K
SUPPORT LITERACY OF K-2 GRADE STUDENTS
2023
$35K
Education
2023
$30K
FOR PROGRAM SUPPORT.
2023
$28K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$25K
READ ALLIANCE ANNUAL GALA - CITY OF LIGHTS SPONSORSHIP
2023
$25K
Charitable purposes
2023
$25K
GENERAL PURPOSES
2023
$20K
SUPPORT OF THE CHARITABLE PURPOSES OF THIS ORGANIZATION
2023
$10K
General & Unrestricted
2023
$10K
GENERAL OPERATING SUPPORT
2023
$10K
FUND ORGANIZED CHARITIES PLANNED PURPOSE EDUCATION
2023
$10K
UNRESTRICTED USE BY CHARITY
2023
$10K
PURCHASE OF COMPUTER EQUIPMENT.
2023
$6K
CHARITABLE DONATION
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$5K
GENERAL OPERATING SUPPORT
2023
$5K
THE POWER OF YOUTH: TEEN LEADERSHIP PROGRAM AND ANNUAL YOUTH SUMMIT - TRAILBLAZER AWARD
2023
$4K
Contribution
2023
$3K
UNRESTRICTED GENERAL
2023
$2K
GENERAL PURPOSE
2023
$2K
GENERAL CONTRIBUTION
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$1K
GENERAL UNRESTRICTED
2023
$500
DONATION
2023
$500
FUNDING FOR READING PROGRAMS FOR PRE-SCHOOL AND KINDERGARTEN CHILDREN IN UNDESERVED AREAS.
2023
$500
DONATION
2023
$246K
For grant recipient's exempt purposes
2022
$200K
FOR UNRESTRICTED USE
2022
$198K
Education
2022
$150K
Support of general operations
2022
$145K
READNYC- READNYC IS A COMPREHENSIVE, ALIGNED, AND COLLECTIVE STRATEGY TO SUPPORT CHILDREN, FAMILIES, AND COMMUNITIES WITH RESOURCES TO BUILD AND SUSTAIN A CULTURE OF LEARNING AND ACHIEVEMENT, CAPTURED IN THE PROOF POINT OF STUDENT SUCCESS IN GRADE THREE.
2022
$100K
FOR THE READ ALLIANCE FY 22 AND FY 23 SCHOOL YEAR AND SUMMER READING PROGRAMS
2022
$100K
EDUCATION AND ACADEMIC SUPPORT
2022
$75K
EDUCATION AND ACADEMIC SUPPORT
2022
$60K
To support READ's efforts to improve the the educational outcomes for higher needs students in underserved communities
2022
$50K
FUND ORGANIZED CHARITIES PLANNED PURPOSES EDUCATIONAL
2022
$50K
General & Unrestricted
2022
$46K
Education
2022
$45K
SUPPORT FOR EARLY LITERACY STRATEGIES FOR STRUGGLING READERS WORKING WITH TEEN TUTORS AT 6 SCHOOLS
2022
$25K
Charitable purposes
2022
$25K
GENERAL PURPOSES
2022
$25K
SUPPORT OF THE CHARITABLE PURPOSES OF THIS ORGANIZATION
2022
$23K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$23K
Education
2022
$15K
FOR FINAL PAYMENT ON A PLEDGE OF $30,000.00 PAYABLE OVER 2 YEARS FOR READ ALLIANCE
2022
$11K
CHARITABLE DONATION
2022
$10K
General & Unrestricted
2022
$10K
GENERAL OPERATING SUPPORT
2022
$10K
PURCHASE OF COMPUTER EQUIPMENT.
2022
$6K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2022
$5K
GENERAL OPERATING SUPPORT
2022
$5K
PHILANTHROPIC
2022
$5K
PARTNERING TEENS WITH ELEMENTARY STUDENTS FOR LITERACY TUTORING
2022
$3K
GENERAL CONTRIBUTION
2022
$3K
Contribution
2022
$2K
PROGRAM/OPERATING SUPPORT
2022
$2K
ADVANCE CHARITABLE FUNCTIONADVANCE CHARITABLE FUNCTION
2022
$1K
GENERAL UNRESTRICTED
2022
$1K
FUND ORGANIZED CHARITIES PLANNED PURPOSE EDUCATION
2022
$500
DONATION
2022
$250
GENERAL OPERATING PURPOSES
2022
$250
Support of this literacy program for underprivileged children
2022
$210K
FOR UNRESTRICTED USE
2021
$140K
For grant recipient's exempt purposes
2021
$140K
For grant recipient's exempt purposes
2021
$75K
General & Unrestricted
2021
$40K
READNYC- READNYC IS A COMPREHENSIVE, ALIGNED, AND COLLECTIVE STRATEGY TO SUPPORT CHILDREN, FAMILIES, AND COMMUNITIES WITH RESOURCES TO BUILD AND SUSTAIN A CULTURE OF LEARNING AND ACHIEVEMENT, CAPTURED IN THE PROOF POINT OF STUDENT SUCCESS IN GRADE THREE.
2021
$25K
FUND ORGANIZED CHARITIES PLANNED PURPOSES EDUCATIONAL
2021
$25K
SUPPORT OF THE CHARITABLE PURPOSES OF THIS ORGANIZATION
2021
$20K
For recipient's exempt purpose
2021
$15K
FOR FIRST PAYMENT ON A PLEDGE OF $30,000.00 PAYABLE OVER 2 YEARS FOR READ ALLIANCE.
2021
$15K
EDUCATION AND YOUTH
2021
$10K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2021
$10K
MENTORING
2021
$7K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2021
$5K
Charitable purposes
2021
$3K
Contribution
2021
$500
DONATION
2021
$100
EMPLOYEE MATCHING PROGRAM - FURTHER 501(C)(3) CHARITABLE PURPOSE
2021
$250K
FOR UNRESTRICTED USE
2020
$169K
For grant recipient's exempt purposes
2020
$125K
GENERAL
2020
$100K
WELFARE OF CHILDREN
2020
$100K
WELFARE OF CHILDREN
2020
$100K
TO PROVIDE GENERAL OPERATING SUPPORT FOR READ'S SCHOOL YEAR AND SUMMER READING PROGRAMS
2020
$95K
FUND ORGANIZED CHARITIES PLANNED PURPOSES EDUCATIONAL
2020
$80K
Education
2020
$75K
GENERAL SUPPORT.
2020
$50K
VIRTUAL TUTORING PROGRAM
2020
$50K
SUPPORT OF THE CHARITABLE PURPOSES OF THIS ORGANIZATION
2020
$35K
Education
2020
$35K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$28K
Charitable purposes
2020
$25K
UNRESTRICTED USE BY CHARITY
2020
$25K
Education
2020
$25K
AFTER SCHOOL READING SUPPORT FOR KINDERGARTEN AND 1ST GRADERS
2020
$15K
EDUCATION AND YOUTH
2020
$13K
FOR FINAL PAYMENT ON A PLEDGE OF $25,000.00 PAYABLE OVER 2 YEARS FOR GENERAL OPERATING SUPPORT.
2020
$12K
PURCHASE OF EQUIPMENT.
2020
$10K
GENERAL OPERATING SUPPORT
2020
$10K
MENTORING
2020
$5K
General support
2020
$5K
General & Unrestricted
2020
$5K
GENERAL OPERATING SUPPORT
2020
$2K
General Unrestricted
2020
$1K
TO USE WHERE NEEDED.
2020
$1K
GENERAL CONTRIBUTION
2020
$400
FUNDING FOR LITERACY PROGRAMS
2020
$250
GENERAL OPERATING PURPOSES
2020
$100
MATCHING GIFTS
2020
$60
GENERAL SUPPORT
2020
$30
GENERAL SUPPORT
2020
$30
GENERAL SUPPORT
2020
$252K
For grant recipient's exempt purposes
2019
$50K
COVID-19 FUND-THE COVID-19 COMMUNITY FUND WILL PROVIDE RESOURCES TO OUR PARTNER AGENCIES AND COMMUNITY-BASED ORGANIZATIONS THAT WORK WITH COMMUNITIES WHO ARE DISPROPORTIONATELY IMPACTED BY CORONAVIRUS AND THE ECONOMIC CONSEQUENCES OF THE OUTBREAK. WE WILL MOBILIZE OUR BROAD NETWORK OF OVER 600 COMMUNITY-BASED PARTNERS THROUGHOUT THE CITY TO PROVIDE ASSISTANCE TO FAMILIES TO WEATHER THE COVID-19 CRISIS. THIS NETWORK OF COMMUNITY PARTNERS WILL PROVIDE DIRECT SERVICES THROUGH OUR READNYC, FEEDNYC AND STRENGTHENNYC PROGRAMS.
2019
$13K
FOR FIRST PAYMENT ON A PLEDGE OF $25,000.00 PAYABLE OVER 2 YEARS FOR GENERAL OPERATING SUPPORT.
2019
$5K
GENERAL OPERATING SUPPORT
2019
$28
GENERAL OPERATING SUPPORT
2019
$200K
Support expansion of the READ Alliance program for at-risk, early elementary students
2018
$75K
General & Unrestricted
2018
$52K
For grant recipient's exempt purposes
2018
$10K
FUND ORGANIZED CHARITIES PLANNED PURPOSES EDUCATIONAL
2018
$5K
General & Unrestricted
2018
$5K
PHILANTHROPIC
2018
$3K
GENERAL SUPPORT
2018
$2K
FUNDING FOR READING PROGRAMS FOR PRE-SCHOOL AND KINDERGARTEN CHILDREN IN UNDERSERVED AREAS.
2018
$2K
PROGRAM/OPERATING SUPPORT
2018
$1K
DONATION
2018
$500
GENERAL CONTRIBUTION
2018
$31K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$8.9M from 67 funders · 191 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$2.2M · 8 grants · 2017–2023

Victor & Clara C Battin Foundation

$1.1M · 5 grants · 2020–2024

The Heckscher Foundation For Children

$715K · 5 grants · 2020–2023

Pinkerton Foundation

$688K · 8 grants · 2020–2023

The Leah and Alain Lebec Foundation Inc

$475K · 8 grants · 2018–2024

United Way Of New York City

$415K · 4 grants · 2019–2023

Altman Foundation

$400K · 4 grants · 2020–2024

The Joseph H Flom Foundation

$335K · 3 grants · 2018–2022

Details

EIN134091062
NTEE codeB920
Subsection03
Ruling date2000-03
Formed1999
Employees926
Volunteers140
READ ALLIANCE INC — Mission, Financials & Grants Received | Grantivo