EIN 13-4091062

Read Alliance

IRS 501(c) type
501(c)(3)
Num. employees
269
Year formed
1999
Most recent tax filings
2022-08-01
Description
Read Alliance works to improve the educational trajectory of at-risk kindergarten and first grade students through one-to-one tutoring in foundational reading skills.
Also known as...
Reading Excellence and Discovery Foundation
Total revenues
$3,674,607
2022
Total expenses
$2,743,438
2022
Total assets
$3,368,825
2022
Num. employees
269
2022

Program areas at Read Alliance

Teen leadership program- teen leaders are engaged in meaningful after school employment for 90 minutes a day, for a minimum of three days a week, at a nearby elementary school, earning an average of between 600-1,000 over 45 sessions. Teen leaders are not only trained to deliver the research-based reading curriculum one-on-one to young children, but they are also trained in behavior management and data collection that is crucial to program implementation, reflection and analysis. Teen leaders have the opportunity to advance to senior teen leader, a position with additional responsibility providing support and guidance for the teen leaders, peer to peer development, and supervision. When Read developed its virtual program, it also added another more senior role of Read technician, for which experienced teen leaders applied and if selected were responsible for coordinating the zoom sessions. In an effort to support expansion, Read added the role of summer enrichment program assistant during the summer of fy22 specifically for experienced teen leaders who were home from college to provide oversight and support to program sites if a program manager was unable to be there in person every day.
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 levelled, a 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 leveled 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 response to the covid-19 pandemic which interrupted in-person programming, Read moved its unique dual-impact program model online. Read stayed true to the program model of pairing trained teen leaders one-on-one with struggling early readers, supervised by licensed teachers and professional Read staff in a virtual setting. In fy22,read implemented programming virtually for the majority of the school year, and then in person for the summer serving a total of 749 readers and 441 unique teen leaders who worked in 649 positions.

Who funds Read Alliance

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Victor and Clara C Battin FoundationFor Unrestricted Use$210,000
The Pinkerton FoundationEducation$198,000
Hearst FoundationSupport of General Operations$150,000
...and 41 more grants received totalling $1,579,626

Personnel at Read Alliance

NameTitleCompensation
Katy KnightDirector$0
Yvette RussellChief Program and Partnerships Officer / Chief PRGM O$133,500
Danielle GuindoExecutive Director$200,731
Russell YvetteChief PRGM Officer$155,067
Robert BrownVice President$0
...and 7 more key personnel

Financials for Read Alliance

RevenuesFYE 08/2022
Total grants, contributions, etc.$3,563,185
Program services$249,890
Investment income and dividends$4,845
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-143,313
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,674,607

Form 990s for Read Alliance

Fiscal year endingDate received by IRSFormPDF link
2022-082023-04-19990View PDF
2021-082022-03-02990View PDF
2021-082022-02-14990View PDF
2020-082021-04-12990View PDF
2019-082021-01-14990View PDF
...and 9 more Form 990s

Organizations like Read Alliance

OrganizationLocationRevenue
Reading ResultsPortland, OR$1,062,359
Make Way For BooksTucson, AZ$2,971,082
Team ReadSeattle, WA$1,385,285
NJ LeepNewark, NJ$2,236,917
Contextos NFPChicago, IL$2,193,838
Portage Learning CentersRavenna, OH$4,143,107
Project SyncereChicago, IL$2,055,904
Sobrato Early Academic Language Program (SEAL)Milpitas, CA$7,927,966
Read AheadNew York, NY$1,784,961
Read To A ChildWellesley, MA$1,536,709
Data update history
January 2, 2024
Received grants
Identified 15 new grant, including a grant for $198,000 from The Pinkerton Foundation
October 26, 2023
Received grants
Identified 4 new grant, including a grant for $100,000 from Heckscher Foundation for Children
June 27, 2023
Received grants
Identified 31 new grant, including a grant for $336,208 from Heckscher Foundation for Children
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
SchoolsEducational service providersCharities
Issues
Education
Characteristics
Fundraising eventsNational levelReceives government fundingTax deductible donations
General information
Address
160 Broadway 8th FL E Building
New York, NY 10038
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
readalliance.org/ 
Phone
(646) 867-6100
Facebook page
readalliance 
Twitter profile
@readalliance 
IRS details
EIN
13-4091062
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B92: Remedial Reading, Reading Encouragement Programs
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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