READING EDUCATION FOUNDATION
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$267,152
Contributions
63%
Fundraising Events
20%
Other
10%
Investments
6%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2025
$197,562
Other
51%
Salaries & Benefits
29%
Grants
12%
Fees to Service Providers
5%
Advertising & Promotion
2%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$126,219
$169,330
+34%
Government Grants
$0
$0
-
Fundraising Events
$41,411
$54,550
+32%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$17,046
$16,084
-6%
Other
$65,591
$27,188
-59%
Total Revenues
$250,267
$267,152
+7%
Expenses
2024
2025
Change
Grants
$20,852
$23,878
+15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$57,898
-
Fees to Service Providers
$2,841
$9,552
+236%
Advertising & Promotion
$5,690
$4,651
-18%
Offices, Occupancy & IT
$129
$1,652
+1181%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$50,857
$99,931
+96%
Total Expenses
$80,369
$197,562
+146%
Net income
2024
2025
Change
Net income
+$169,898
+$69,590
-59%
Functional Expenses
Summary
2024
2025
Change
Program
$57,712
$133,494
+131%
Admin
$9,999
$28,329
+183%
Fundraising
$12,658
$35,739
+182%
Total Expenses
$80,369
$197,562
+146%
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