nonprofit logo

Team Read

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010852888 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Team Read?

Team Read is a nonprofit organization situated in Seattle, Washington, with an address at 2445 3rd Ave S. Their primary mission revolves around bridging educational opportunities through a unique, year-round one-to-one tutoring program. This program aims to enhance the reading skills of elementary students, essential for academic success, while simultaneously offering life and work skills development opportunities for teen reading coaches. Team Read operates at Title 1 schools, targeting students who are not yet proficient in reading. Through this program, they employ local teenagers, who undergo training, to deliver the reading support. In the 2021 year, Team Read successfully provided reading assistance to over 500 elementary students and offered meaningful work experiences to 384 teen coaches.


Official website here: www.teamread.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 78% (Three-Star out of Four Star rating)

Team Read has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 78%. The organization demonstrates strong performance in areas such as Impact & Measurement and Culture & Community, with scores of 87 and 94, respectively. Additionally, they have achieved a perfect score of 100 in Leadership & Adaptability, indicating an effective governance structure with a fully independent board.

The nonprofit shows commitment to transparency and accountability, highlighted by their policies on conflict of interest, whistleblower protection, and material asset diversion, which they have none of. The organization also excels in collecting and utilizing feedback, earning full marks in these categories, which suggests a strong focus on community engagement and responsiveness to stakeholder needs.

However, the Accountability & Finance Score is lower at 65, primarily due to their program expense ratio of 57.41%, indicating room for improvement in financial management and program funding. Despite this, Team Read's strengths in leadership and community involvement position them as a reputable organization within their sector.


This AI summary has been generated from information found on Charity Navigator.

Is Team Read legitimate?

Team Read is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team Read submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $133,499
Professional Fundraising Fees: $21,378
Other Salaries and Wages: $274,181

For more financial information, click here


Official website here: www.teamread.org

What is the mission statement of Team Read?

Team Read's mission is centered around bridging education opportunity gaps. They achieve this through a unique, year-round one-to-one tutoring program. This program, specifically targeted towards Title 1 schools, assists young students in developing essential reading skills for academic success. Concurrently, it provides area teens with an opportunity to gain life and work skills by taking on the role of reading coaches. Team Read's dual-impact model has successfully supported over 500 elementary students in reading and offered meaningful work experiences to 384 teen coaches.


Official website here: www.teamread.org

Who is the CEO of Team Read?

Melissa Pailthorp is the President of Team Read.


Official website here: www.teamread.org

What is the revenue of Team Read?

Team Read's revenue in 2022 was $1,385,285.


Official website here: www.teamread.org

Who are the executives of Team Read and what are their salaries?

The average compensation at Team Read during 2022 was $33,973. There are 12 employees and 700 volunteers at Team Read.


Here are 15 key members and their salaries:


Yolanda Eng (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Hrdlicka (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Cook (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ingrid Stegemoeller (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Cronin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Gass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Griggins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shuba Jayaram (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Lou (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Lonergan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay O'Connor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chance Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Kostecka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anjali Bhaghat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Pailthorp (Executive Director)
  • Compensation: $131,280
  • Related: $0
  • Other: $7,158


Official website here: www.teamread.org

Where can I find the form 990 for Team Read?

Team Read's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teamread.org

Learn more at the official website: www.teamread.org

Mission Statement of Team Read

Team Read, a nonprofit organization, is dedicated to bridging education opportunity gaps through a unique, cross-age, year-round one-to-one tutoring program. Their mission is to equip young students with the necessary reading skills for academic success, while simultaneously providing area teens with an opportunity to develop life and work skills through meaningful first jobs as reading coaches. In this program, trainee tutors are recruited and instructed to deliver reading support to elementary students who are not yet proficient in their reading abilities, thereby benefiting both age groups. Over the course of the year-round program, Team Read has successfully provided reading support to over 500 elementary students and offered meaningful work experiences to 384 teen reading coaches.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Team Read's impact is significant in closing education opportunity gaps through its unique, cross-age, year-round one-to-one tutoring program. By providing reading support to more than 500 elementary students and meaningful work to 384 teen reading coaches, Team Read is helping young students develop the crucial reading skills necessary for academic success. Additionally, the program empowers teenagers by equipping them with life and work skills through a meaningful first job experience. This dual-impact model not only benefits the students receiving tutoring but also the teen coaches, thereby fostering a positive cycle of learning and growth within the community.




This information is meant to be a general summary of Team Read. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,385,285 (2022)
Expenses
$748,835 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$253
  • Gross Receipts: $1,438,468

Assets and Liabilities:

  • Total Assets: $1,603,192
  • Total Liabilities: $118,076
  • Net Assets: $1,485,116

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2005

Principal Officer

Melissa Pailthorp

Main Address

2445 3RD AVE S, SEATTLE, WA, 98134

NTEE Category

Code: B92 - Education

If you are a representative of Team Read and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.