Overview

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Est.

1999

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

READ ALLIANCE INC is a reading promotion nonprofit working to accelerate the educational trajectory of early elementary students through one-to-one literacy tutoring delivered by teens in under-resourced communities. In filing year 2025, it reported a $4.8M operating budget and $4.4M in total revenue, with funding from THE HECKSCHER FOUNDATION FOR CHILDREN, VICTOR & CLARA C BATTIN FOUNDATION C/O MCLAUGHLIN & STERN (KBARKHORN), and UNITED WAY OF NEW YORK CITY.

Mission Statement

WORK TO ACCELERATE THE EDUCATIONAL TRAJECTORY OF EARLY ELEMENTARY STUDENTS THROUGH THE POWER OF TEENS WHO PROVIDE ONE-TO-ONE LITERACY TUTORING IN UNDER-RESOURCED COMMUNITIES.
Revenues
$4.4M
Expenses
$4.8M
Net Income:
-$387.6K
Assets
$4.4M
Liabilities
$815.5K
Net Assets:
+$3.6M
Operating Budget
$4.8M
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
38
Median grant size
$15.3K
Largest grant received
$1.1M
D
Danielle Guindo
Board Member
J
Julie Sterling
Board Member
M
Michael Lubowitz
Board Member
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  • 84 funders
  • 57 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is READ ALLIANCE INC’s budget?
In 2025, READ ALLIANCE INC reported an annual operating budget of around $4.8 million. More detailed financial information is available to registered users.
What causes does READ ALLIANCE INC support?
READ ALLIANCE INC supports work in Reading promotion.
Where does READ ALLIANCE INC operate?
READ ALLIANCE INC is headquartered in New York, NY.
Who funded READ ALLIANCE INC recently?
In 2025, READ ALLIANCE INC received grants from VICTOR & CLARA C BATTIN FOUNDATION C/O MCLAUGHLIN & STERN (KBARKHORN), WHITE STONE FUND INC, and THE STATEN ISLAND FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant READ ALLIANCE INC received in 2024?
The largest grant to READ ALLIANCE INC in 2024 exceeds $1.1 million.
What is READ ALLIANCE INC’s reliance on government grants?
READ ALLIANCE INC relied on government grants for more than 10% of their total revenue in 2025.