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Readworksinc

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

EIN: 133593812 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Readworksinc?

ReadWorksinc is a nonprofit organization dedicated to enhancing reading comprehension, primarily catering to English Language Arts (ELA) curricula. Based in Brooklyn, New York, they leverage technology to offer research-backed content, curricular supports, and various features. Their mission is to serve educators and their students, with a particular focus on those in high-poverty K-8 schools. In 2022, ReadWorks expanded its content library, integrating with Clever for easier classroom access and introduced Book Studies to simplify lesson planning. They have also welcomed new board members with diverse backgrounds in education and finance. Partnering with esteemed cultural institutions, ReadWorks aims to continue expanding its portfolio of high-quality nonfiction texts.


Official website here: www.readworks.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 99% (Four-Star out of Four Star rating)

Readworksinc is recognized for its exceptional performance, achieving a 99% score which reflects a strong commitment to accountability and financial management. The organization boasts a perfect score in its Accountability & Finance category, highlighting its effective governance and independent board structure. The financial health indicators such as a low liabilities-to-assets ratio and high program expense ratio suggest that the majority of its resources are effectively directed towards its educational programs.

User feedback corroborates the organization’s strengths, particularly its valuable resources for literacy education. A retired literacy specialist praised Readworks for its effectiveness during tutoring sessions, especially in adapting to online learning during the pandemic. The program's engaging short texts and well-structured questions have been recognized as significant assets in fostering student progress and interest in reading.

While the feedback is overwhelmingly positive, no specific limitations were noted in the available data. Overall, Readworksinc demonstrates a robust operational framework and provides impactful resources which are well-regarded by educators and users alike.


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

Is Readworksinc legitimate?

Readworksinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Readworksinc 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: $266,498
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,217,692

For more financial information, click here


Official website here: www.readworks.org

What is the mission statement of Readworksinc?

ReadWorks Inc., as an education-technology non-profit, is committed to enhancing reading comprehension. They achieve this goal by offering a digital platform that provides research-backed content, curricular supports, and additional features, all designed to align with core English Language Arts (ELA) curricula. Their work reached over 1 million educators and their students during the 2020-2021 school year, with a focus on those in underprivileged K-8 schools, reflecting their dedication to serving this particular demographic. Their mission is to make a significant impact on reading skills, ultimately contributing to the overall academic success of students.


Official website here: www.readworks.org

Who is the CEO of Readworksinc?

Terry Bowman is the Executive Dir. of Readworksinc.


Official website here: www.readworks.org

What is the revenue of Readworksinc?

Readworksinc's revenue in 2022 was $1,891,149.


Official website here: www.readworks.org

Who are the executives of Readworksinc and what are their salaries?

The average compensation at Readworksinc during 2022 was $78,115. There are 19 employees at Readworksinc.


Here are 15 key members and their salaries:


Terry Bowman (Executive Dir.)
  • Compensation: $207,563
  • Related: $0
  • Other: $11,498
Cameron Swaim (Chief Tech Officer)
  • Compensation: $142,235
  • Related: $0
  • Other: $11,498
Susanne Nobles (Chief Academic Off)
  • Compensation: $139,106
  • Related: $0
  • Other: $9,259
Kathy Bloomfield (Chief Operating Of)
  • Compensation: $129,975
  • Related: $0
  • Other: $0
Jeffrey David Fleishhacker (Sr. Dir Prod Dev.)
  • Compensation: $111,877
  • Related: $0
  • Other: $0
Daria L Wallach (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilson Neely (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Beard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina N Cervetti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Linen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karim Kam Moolani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willard Overlock Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Schiller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Joanna Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.readworks.org

Where can I find the form 990 for Readworksinc?

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


Official website here: www.readworks.org

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

Mission Statement of Readworksinc

ReadWorks, a non-profit organization specialized in education technology, is committed to enhancing reading comprehension skills. Utilizing a digital platform, ReadWorks offers research-backed content, curricular supports, and additional features that seamlessly integrate with primary English Language Arts (ELA) curricula. In the 2020-2021 academic year, ReadWorks was employed by over one million educators and their students, with a significant focus on those in the 93% highest-poverty K-8 schools, in line with the organization's mission.

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Impact




October, 2024

ReadWorks has significantly impacted education by enhancing reading comprehension through its innovative digital platform. By providing research-based content and curricular support, it aligns seamlessly with core English Language Arts (ELA) curricula, addressing the needs of both educators and students in today's classrooms.

The platform has expanded its library with a wealth of diverse articles and resources, ensuring that students encounter a wide range of topics and perspectives. This emphasis on diversity, equity, and inclusion in educational materials is vital, as it fosters a richer learning environment and promotes an understanding of various cultural narratives.

One of ReadWorks' most notable advancements is its integration with Clever, a widely used single sign-on portal in K-12 education. This feature streamlines access for teachers and students, making it easier to implement ReadWorks in classroom settings. In the 2021 National Survey, nearly half of respondents indicated using Clever, highlighting the platform's relevance in modern education.

In addition, the introduction of Book Studies allows educators to enhance their lesson plans with curated content that complements widely-taught ELA books. This initiative saves teachers valuable time while reinforcing critical reading skills through the research-driven Article-A-Day routine.

As ReadWorks continues to partner with prestigious cultural institutions like the American Museum of Natural History and the Philadelphia Museum of Art, it further enriches its offerings with high-quality nonfiction texts. This collaboration expands educational resources and provides students with access to authentic learning experiences.

Overall, ReadWorks has established itself as a vital resource for over a million educators and millions of students, particularly in high-poverty K-8 schools. By focusing on evidence-based practices and understanding the unique challenges in education, ReadWorks is making a meaningful difference in the literacy development of students across diverse backgrounds.




This information is meant to be a general summary of Readworksinc. 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
$1,891,149 (2022)
Expenses
$2,618,134 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,154
  • Program Service Revenue: $148,012
  • Gross Receipts: $1,891,149

Assets and Liabilities:

  • Total Assets: $1,139,705
  • Total Liabilities: $126,064
  • Net Assets: $1,013,641

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Contract Services

Revenue

$37,984

Licensing Income

Revenue

$110,028

Organization Details

Founding Year

1990

Principal Officer

Terry Bowman

Main Address

68 Jay Street 426, Brooklyn, NY, 11201

NTEE Category

Code: B240 - Education

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