Overview
What is Reading Specialists Education Association?
The Reading Specialists Education Association is a nonprofit organization situated in Reading, Pennsylvania. Their primary focus is to offer training and education to juvenile offenders, aiming to equip them with essential skills to thrive in today's workforce. This commitment extends beyond the age eligibility for services, as they continue to support these individuals in becoming self-sufficient. The association collaborates with local community organizations to enrich the learning experience of its members, contributing positively to the surrounding community. The organization's mission is dedicated to addressing the needs of children and adolescents who have experienced both domestic violence and sexual abuse, subsequently entering the foster care system. Through their programs, they strive to provide a professional environment for the design and implementation of appropriate interventions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Three Stars (80%)
The Reading Specialists Education Association has earned a solid Three-Star out of Four Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization has a high program expense ratio of 88.14%, demonstrating a commitment to directing the majority of its resources towards its educational initiatives. Additionally, the organization has maintained a good record of financial responsibility with a liabilities to assets ratio of 0.00%, ensuring it operates without significant debt.
Strengths of the organization include its governance structure, which features a majority of independent board members at 66%, as well as comprehensive policies such as a conflict of interest policy and documented board meeting minutes. These factors contribute to the organization's transparency and effective oversight. The organization also has no reported material diversion of assets, which further supports its accountability.
However, while the financial metrics indicate a well-managed nonprofit, the high salaries of key personnel may raise questions for some donors about resource allocation. The salaries of the top executives, including the President earning over $1.2 million, could be viewed as excessive in relation to the organization's mission. Overall, the Reading Specialists Education Association demonstrates strong fiscal health but may need to address concerns regarding executive compensation to enhance donor trust.
This AI summary has been generated from information found on Charity Navigator.
Is Reading Specialists Education Association legitimate?
Reading Specialists Education Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reading Specialists Education Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Reading Specialists Education Association?
The Reading Specialists Education Association is committed to offering specialized professional experience. Their primary focus is on designing and implementing programs that cater to the unique needs of children and adolescents who have experienced domestic violence, sexual abuse, and subsequently entered the foster care system. These programs aim to equip these individuals with the necessary skills to succeed in the workforce, ensuring their self-sufficiency in the future. The association collaborates with community organizations to enrich the learning experience of the program participants, contributing positively to the broader community.
Who is the CEO of Reading Specialists Education Association?
Dr Vincent J Lasorsa is the President of Reading Specialists Education Association.
What is the revenue of Reading Specialists Education Association?
Reading Specialists Education Association's revenue in 2022 was $1,377,461.
Who are the executives of Reading Specialists Education Association and what are their salaries?
There 4 volunteers at Reading Specialists Education Association.
Here are 11 key members and their salaries:
- Compensation: $4,386
- Related: $1,427,168
- Other: $11,560
- Compensation: $54,177
- Related: $328,273
- Other: $13,622
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $969,026
- Other: $12,062
- Compensation: $0
- Related: $147,653
- Other: $11,138
- Compensation: $2,802
- Related: $903,264
- Other: $7,139
- Compensation: $23,094
- Related: $160,468
- Other: $14,490
- Compensation: $0
- Related: $288,583
- Other: $4,324
Where can I find the form 990 for Reading Specialists Education Association?
Reading Specialists Education Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Reading Specialists Education Association
Reading Specialists Education Association is dedicated to offering professional experience and designing programs that cater to the unique needs of children and adolescents who have been both victims and perpetrators of domestic violence and sexual abuse, ultimately leading them to be placed in the foster care system. The organization's mission is to provide these individuals with the necessary tools and education to become competitive in today's workforce, ensuring their ability to support themselves in the future. To achieve this goal, Reading Specialists Education Association collaborates with various community organizations, enhancing the learning experience for the enrolled individuals and contributing positively to their local communities. The organization's commitment to this cause is ongoing, extending its support and educational opportunities to those who have outgrown the traditional age eligibility for such services.
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
The Reading Specialists Education Association's impact lies in providing dedicated professional experience in designing and implementing programs to address the needs of children and adolescents who have experienced domestic violence, sexual abuse, and who are in the foster care system. By offering training and education to juvenile offenders, the organization helps them become competitive in the workforce. This program continues indefinitely to support former participants in acquiring skills for self-sufficiency. Through partnerships with community organizations, the association enhances the learning experience of enrolled individuals, contributing to the broader community's well-being.
This information is meant to be a general summary of Reading Specialists Education Association. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,373,714
- Gross Receipts: $1,377,461
Assets and Liabilities:
- Total Assets: $51,888
- Total Liabilities: $0
- Net Assets: $51,888
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contracts Revenue
Revenue
$1,361,586
Intercompany Revenue
Revenue
$12,128
Organization Details
Founding Year
2000
Phone
(610) 372-7960Principal Officer
Dr Vincent J Lasorsa
Main Address
220 North Fifth Street, Reading, PA, 19601
NTEE Category
Code: P46 - Human services
If you are a representative of Reading Specialists Education Association 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.