Overview

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Est.

2005

Fiscal Year Start

Sep 1

Organization Type

Grantseeker

AI Summary

Team Read is a nonprofit organization dedicated to promoting reading among young students and empowering teens to become impactful leaders. With an operating budget of $880,000 and total revenue of $767,900 for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.teamread.org.

Mission Statement

Propel young students to become inspired readers and teens to become impactful leaders.
Revenues
$767.9K
Expenses
$880K
Net Income:
-$112.1K
Assets
$1.9M
Liabilities
$125.1K
Net Assets:
+$1.8M
Operating Budget
$880K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
25
Median grant size
$13.7K
Largest grant received
$75K
M
Melissa Pailthorp
Board Member
S
Seana Hayden
Board Member
D
Donna Lou
Board Member

Frequently Asked Questions

What is Team Read’s budget?
In 2024, Team Read reported an annual operating budget of around $880 thousand. More detailed financial information is available to registered users.
What causes does Team Read support?
Team Read supports work in Reading promotion.
Where does Team Read operate?
Team Read is headquartered in Seattle, WA.
Who funded Team Read recently?
In 2025, Team Read received grants from NORMAN RAAB FOUNDATION, AMERICAN ONLINE GIVING FOUNDATION INC, and FORDHAM STREET FOUNDATION C/O JUDY BIGELOW K&L GATES. More information on this organization’s funders is available to registered users.
What is the largest grant Team Read received in 2024?
The largest grant to Team Read in 2024 exceeds $75 thousand.
What is Team Read’s reliance on government grants?
Team Read relied on government grants for more than 20% of their total revenue in 2024.