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Read To A Child Inc

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

EIN: 203526239 ✦ Wellesley, MA ✦ Designated as a 501(c)(3)

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Overview

What is Read To A Child Inc?

Read To A Child Inc, based in Wellesley, Massachusetts, is a dedicated nonprofit organization. With a mission to cultivate a passion for reading, enhance literacy skills, and support the socio-emotional well-being of students from underprivileged communities, they strive to make a significant impact. Their activities primarily revolve around children's literacy and mentoring, aiming to provide every child with the chance to excel academically and beyond. The organization, comprised of 51 dedicated individuals, works tirelessly to inspire and engage students through interactive read-aloud experiences.


Official website here: www.readtoachild.org

What are the reviews and ratings of this charity?

100% - Four-Star out of Four Star rating

Read To A Child Inc has received a remarkable four-star rating from Charity Navigator, indicating its strong performance in accountability and finance, leadership and adaptability, and culture and community. The organization excels particularly in financial responsibility, with a 100% score in accountability and finance, showcasing its commitment to transparency and effective resource management.

User feedback reflects a high level of satisfaction among volunteers, board members, and donors, emphasizing the rewarding nature of reading mentorship programs and the positive impact on children's literacy. Many reviews highlight the joy of connecting with young readers and the vital role the organization plays in fostering a love for reading, which is crucial for academic success.

Despite the overwhelmingly positive feedback, there may be areas for growth, especially regarding leadership adaptability and community engagement. However, the organization appears dedicated to addressing challenges and continuously improving, as indicated by their robust feedback collection and usage strategies. Overall, Read To A Child Inc stands out as a valuable nonprofit making significant strides in promoting literacy and mentorship.


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

Is Read To A Child Inc legitimate?

Read To A Child Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Read To A Child Inc 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: $141,577
Professional Fundraising Fees: $0
Other Salaries and Wages: $867,962

For more financial information, click here


Official website here: www.readtoachild.org

What is the mission statement of Read To A Child Inc?

Read To A Child Inc's mission is centered around fostering a love for reading and improving literacy skills in students from underprivileged communities. The organization aims to support their socio-emotional well-being as well. According to its mission, Read To A Child Inc envisions a world where every child has the opportunity to succeed in school and beyond, achieved through inspiring mentoring and read-aloud experiences. The organization's vision is to empower these students to thrive, beyond their academic lives.


Official website here: www.readtoachild.org

Who is the CEO of Read To A Child Inc?

Paul Lamoureux is the Chair/Interim Treasurer of Read To A Child Inc. The CEO's salary of Read To A Child Inc is $131,852 and their total compensation is $141,577.


Official website here: www.readtoachild.org

What is the revenue of Read To A Child Inc?

Read To A Child Inc's revenue in 2022 was $1,536,709.


Official website here: www.readtoachild.org

Who are the executives of Read To A Child Inc and what are their salaries?

The average compensation at Read To A Child Inc during 2022 was $19,795. There are 51 employees and 730 volunteers at Read To A Child Inc.


Here are 5 key members and their salaries (Read To A Child Inc's CEO's salary is $131,852 and their total compensation is $141,577):


Peter Necheles (Chair/Interim Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Solomon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Brewer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Lamoureux (Ceo)
  • Compensation: $131,852
  • Related: $0
  • Other: $9,725
Brett Carroll (Director (Resigned In 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.readtoachild.org

Where can I find the form 990 for Read To A Child Inc?

Read To A Child Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.readtoachild.org

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

Mission Statement of Read To A Child Inc

Read to A Child Inc, a nonprofit organization, is dedicated to fostering a love for reading and improving literacy skills among students from under-resourced communities. Their mission is multifaceted, aiming not only to enhance literacy but also to support the socio-emotional well-being of these students. The vision of Read to A Child Inc is that every child has the opportunity to thrive in school and beyond, achieved through inspiring mentoring and read-aloud experiences. By engaging with this organization, children from underprivileged backgrounds can develop a strong foundation in reading, which is crucial for their academic success and overall personal growth.

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Impact




October, 2024

Read To A Child Inc significantly enhances children's literacy and socio-emotional well-being, particularly for those from under-resourced communities. By fostering a love of reading through engaging read-aloud experiences, the organization not only improves literacy skills but also nurtures personal growth and self-confidence in young learners. Mentoring relationships established during these sessions provide crucial support, helping students thrive academically and socially. This initiative ensures that every child has access to the inspirational tools needed to succeed in school and beyond, contributing to a brighter future for individuals and the community as a whole.




This information is meant to be a general summary of Read To A Child Inc. 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
$1,536,709 (2022)
Expenses
$1,305,864 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $255
  • Gross Receipts: $1,552,525

Assets and Liabilities:

  • Total Assets: $773,901
  • Total Liabilities: $63,458
  • Net Assets: $710,443

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Organization Details

Founding Year

2005

Principal Officer

Paul Lamoureux

Main Address

20 WILLIAM STREET G25, WELLESLEY, MA, 02481

NTEE Category

Code: B90 - Education

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