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Read To Succeed Inc

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

EIN: 743236898 ✦ Hope, RI ✦ Designated as a 501(c)(3)

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Overview

What is Read To Succeed Inc?

Read To Succeed Inc, located in Hope, Rhode Island, is a dedicated nonprofit organization with a mission to encourage elementary school students to read during their summer vacation. Their summer program has proven successful, with 303 students completing it and having deposits of $1,000 each made towards their college funds. The organization's headquarters can be found at 6 Water Valley Road.


Official website here: www.readtosucceedri.org

Is Read To Succeed Inc legitimate?

Read To Succeed Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Read To Succeed 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: $0
Professional Fundraising Fees: $60,000
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.readtosucceedri.org

What is the mission statement of Read To Succeed Inc?

Read To Succeed Inc's mission is focused on encouraging elementary school students to continue reading during their summer vacation. This organization aims to foster a love for reading in students, potentially setting them up for academic success beyond the school year. During the summer program, 303 students successfully completed the reading initiative and received certificates. Furthermore, deposits of $1,000 each were made into the college bound funds of these students, further incentivizing their educational pursuits. In essence, Read To Succeed Inc is dedicated to promoting reading engagement in elementary school students during the summer break, with the hope of fostering lifelong learning and educational achievements.


Official website here: www.readtosucceedri.org

Who is the CEO of Read To Succeed Inc?

Barbara A Papitto is the Director,President of Read To Succeed Inc.


Official website here: www.readtosucceedri.org

What is the revenue of Read To Succeed Inc?

Read To Succeed Inc's revenue in 2022 was $439,356.


Official website here: www.readtosucceedri.org

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


Here are 14 key members and their salaries:


Barbara A Papitto (Director,President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David F Guertin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward P Pieroni (Director,Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Myers Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Power (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Bready (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Corley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Ferris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jl Singleton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Tarantino Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Voccola Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Ricci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Reis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.readtosucceedri.org

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

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


Official website here: www.readtosucceedri.org

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

Mission Statement of Read To Succeed Inc

Read To Succeed Inc, a nonprofit organization, is committed to encouraging elementary school students to engage in reading during their summer vacation. Their mission is geared towards fostering a love for reading among these students, recognizing the importance of maintaining reading skills during the break from formal education. Through their summer program, they aim to inspire young minds, promoting the notion that reading is a continuous and enjoyable activity that should not be disrupted by vacations. The successful completion of the summer program by 303 students was celebrated with the issuance of certificates, and furthermore, deposits of $1,000 were made to the college boundfund for each of these students. This initiative signifies Read To Succeed Inc's dedication to not only nurturing reading habits but also providing financial assistance for higher education, ultimately setting these students on a path towards academic success.

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Impact




October, 2024

Read To Succeed Inc has made a significant impact by encouraging elementary school students to maintain their reading skills during the summer vacation. In the recent summer program, 303 students successfully completed the reading initiative, receiving certificates to recognize their achievement. Additionally, deposits of $1,000 to the College Bound Fund have been made for each of the 303 participants, promoting the importance of higher education and providing a financial head start for their academic journeys. By focusing on reading as a vital skill, the organization fosters a love for literature and ensures students remain engaged and prepared for the upcoming school year. This initiative not only enhances literacy but also supports long-term educational aspirations for children in Hope, RI.




This information is meant to be a general summary of Read To Succeed 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
$439,356 (2022)
Expenses
$491,154 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,638
  • Gross Receipts: $801,042

Assets and Liabilities:

  • Total Assets: $1,589,120
  • Total Liabilities: $0
  • Net Assets: $1,589,120

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Organization Details

Founding Year

2007

Principal Officer

Barbara A Papitto

Main Address

6 WATER VALLEY ROAD, HOPE, RI, 02831

NTEE Category

Code: B82 - Education

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