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EIN 20-2916846

Reading Power

IRS 501(c) type
501(c)(3)
Num. employees
36
City
Lake Forest
State
Illinois
Year formed
2005
Most recent tax filings
2024-06-01
NTEE code, primary
B90: Educational Services
Description
Reading Power, Inc is a not for profit liter1cy tutoring program serving low-achieving children attending elementary schools. Their mission is to accelerate children's literacy learning and to develop in them a love of Reading and writing. This goal is accomplished through an independent tutoring program working in partnership with the schools. The belief is that all children deserve to reach their academic potential.
Total revenues
$1,917,784
2024
Total expenses
$1,597,424
2024
Total assets
$1,359,797
2024
Num. employees
36
2024

Program areas at Reading Power

Provided a literacy tutoring program serving low achieving elementary school children.

Who funds Reading Power

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$54,825
Schwab Charitable FundHuman Services$45,700
Hunter Family FoundationGeneral Support$40,000
...and 35 more grants received totalling $432,136

Personnel at Reading Power

NameTitleCompensation
Lisa Bulzoni, MEdChief Executive Officer$122,750
Mary JaneCo - Founder
Kate Burke, BSDirector of Operations
Kristin Fine, MEdDirector of Programs$72,750
Daniela CruzOffice Manager
...and 10 more key personnel

Financials for Reading Power

RevenuesFYE 06/2024
Total grants, contributions, etc.$1,488,350
Program services$0
Investment income and dividends$27,226
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$402,208
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,917,784

Form 990s for Reading Power

Fiscal year endingDate received by IRSFormPDF link
2024-062024-12-16990View PDF
2023-062023-12-14990View PDF
2022-062023-02-28990View PDF
2021-062022-03-02990View PDF
2021-062022-02-16990View PDF
...and 11 more Form 990s

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Stem AllianceLarchmont, NY$2,600,515
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The Daniel Center for Math and ScienceRaleigh, NC$724,923
PowerMyLearningNew York, NY$6,289,580
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Minds Matter of NYCNew York, NY$2,311,720
Data update history
January 31, 2025
Posted financials
Added Form 990 for fiscal year 2024
January 18, 2025
Received grants
Identified 10 new grant, including a grant for $40,000 from Hunter Family Foundation
October 23, 2024
Received grants
Identified 2 new grant, including a grant for $16,850 from The Chicago Community Trust
September 30, 2024
Updated personnel
Identified 12 new personnel
July 17, 2024
Received grants
Identified 8 new grant, including a grant for $30,000 from Mesa Foundation
Nonprofit Types
SchoolsEducational service providersCharities
Issues
EducationHuman servicesChildren
Characteristics
Fundraising eventsReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
736 N Western Ave 226
Lake Forest, IL 60045
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Lake County, IL
Website URL
readingpowerinc.org/ 
Phone
(847) 436-8060
IRS details
EIN
20-2916846
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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