2025-02-03T19:05:55-05:00 2024-08-31 A GARY AARONSON CPA PLLC 42 WEST 38TH STREET SUITE 1003 NEW YORK NY 100180060 990 2023-09-01 134091062 READ ALLIANCE INC READ 6468676101 160 BROADWAY 8TH FL EAST BUILDING NEW YORK NY 10038 DANIELLE GUINDO EXECUTIVE DIRECTOR 6468676101 2025-01-29 false A GARY AARONSON P01327657 2126845770 2025-02-03 X 2023 2025-03-06 01:10:19Z DANIELLE GUINDO 160 BROADWAY 8TH FL EAST BUILDING NEW YORK NY 10038 5181012 false X WWW.READALLIANCE.ORG X 1999 NY 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. 20 20 926 140 0 3662226 4690106 340898 371841 78945 119065 -157098 -175026 3924971 5005986 0 0 2640707 3156273 0 430637 1199940 1195293 3840647 4351566 84324 654420 4373475 4960211 1115416 973760 3258059 3986451 X READ ALLIANCE, INC (READ) WORKS 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. READ IMPACTS TWO POPULATIONS SIMULTANEOUSLY, AND THROUGH A HIGHLY STRUCTURED, RESEARCH-BASED CURRICULUM, STUDENTS AVERAGE A FULL YEAR'S GROWTH IN READING AND THEIR TEEN TUTORS DEVELOP COLLEGE, CAREER, AND LIFE SKILLS. EARLY INTERVENTION PREVENTS READING DIFFICULTIES FROM BECOMING BARRIERS TO FUTURE SUCCESS, WHILE TEENS HAVE A POSITIVE DIRECT IMPACT ON THE LIVES OF CHILDREN IN THEIR COMMUNITIES THROUGH MEANINGFUL SERVICE AND JOBS. false false 1580693 TEEN LEADERSHIP PROGRAM- TEEN LEADERS ARE ENGAGED IN MEANINGFUL AFTER SCHOOL EMPLOYMENT FOR 90 MINUTES A DAY, FOR A MINIMUM OF THREE DAYS A WEEK, AT A NEARBY ELEMENTARY SCHOOL, EARNING AN AVERAGE OF BETWEEN 600-1,000 OVER 45 SESSIONS. TEEN LEADERS ARE NOT ONLY TRAINED TO DELIVER THE RESEARCH-BASED READING CURRICULUM ONE-ON-ONE TO YOUNG CHILDREN, BUT THEY ARE ALSO TRAINED IN BEHAVIOR MANAGEMENT AND DATA COLLECTION THAT IS CRUCIAL TO PROGRAM IMPLEMENTATION, REFLECTION AND ANALYSIS. TEEN LEADERS HAVE THE OPPORTUNITY TO ADVANCE TO SENIOR TEEN LEADER, A POSITION WITH ADDITIONAL RESPONSIBILITY PROVIDING SUPPORT AND GUIDANCE FOR THE TEEN LEADERS, PEER TO PEER DEVELOPMENT, AND SUPERVISION. AS PART OF THE TEEN LEADERSHIP PROGRAM READ ALLIANCE OFFERS COMPLEMENTARY PROGRAMMING FOR TEEN LEADERS THAT PROMOTES THEIR POSTSECONDARY SUCCESS INCLUDING FINANCIAL LITERACY TRAINING, LEADERSHIP DEVELOPMENT, NETWORKING AND CAREER EXPOSURE, COLLEGE READINESS, AND SOCIAL AND EMOTIONAL LEARNING. READ ALLIANCE LAUNCHED A PATHWAYS TO EDUCATION INITIATIVE IN 2024 TO SUPPORT TEEN LEADERS' PURSUIT OF HIGHER EDUCATION AND TO CREATE A PIPELINE TO TEACHING CAREERS. IN AN EFFORT TO SUPPORT EXPANSION, READ ADDED THE ROLE OF SUMMER ENRICHMENT PROGRAM ASSISTANT DURING THE SUMMER OF FY22 SPECIFICALLY FOR EXPERIENCED TEEN LEADERS WHO WERE HOME FROM COLLEGE TO PROVIDE OVERSIGHT AND SUPPORT TO PROGRAM SITES IF A PROGRAM MANAGER WAS UNABLE TO BE THERE IN PERSON EVERY DAY. 1959795 EARLY LITERACY PROGRAM- READ'S UNIQUE EARLY LITERACY PROGRAM IS 45 SESSIONS, AND PROVIDES 90 MINUTES OF PROGRAMMING PER DAY IN TWO PARTS: 1) A 45-MINUTE SESSION OF ONE-TO-ONE, INDIVIDUALIZED LITERACY INTERVENTION USING A STRUCTURED, PHONICS-BASED CURRICULUM DELIVERED TO THE YOUNGER READ STUDENTS BY PAID READ TEEN LEADERS, AND 2) A 45-MINUTE GROUP WORK SESSION LED BY A READ TEACHER, EITHER HOMEWORK HELP OR COMPLEMENTARY LITERACY ACTIVITIES. DURING THE ONE-TO-ONE TUTORING SESSION, STUDENTS READ OUT LOUD TO THEIR TEEN LEADERS A BOOK THEY HAVE ALREADY MASTERED, AND THEN THE TEEN LEADER PROVIDES EXPLICIT ONE-TO-ONE READING INSTRUCTION AND PRACTICE. AT THE END OF EACH SESSION, STUDENTS ARE GIVEN A BOOK FROM OUR LENDING LIBRARY FOR CONTINUED PRACTICE AT HOME. READ ALLIANCE TARGETS ITS EARLY LITERACY PROGRAM TO KINDERGARTEN, FIRST AND SECOND GRADERS WHO ARE READING AT LEAST HALF A GRADE LEVEL BEHIND. THE INDIVIDUALIZED, PHONICS- BASED INSTRUCTION USES A STRUCTURED CURRICULUM TO ADVANCE READING SKILL IMPROVEMENT OF AN AVERAGE OF AT LEAST ONE READING LEVEL IN JUST 30 SESSIONS. MORE THAN 85 PERCENT OF PARTICIPANTS WHO COMPLETE THE READ PROGRAM ADVANCE THEIR READING SKILL IMPROVEMENT AN AVERAGE OF AT LEAST ONE READING LEVEL. IN FY24 READ ALLIANCE SERVED 1,256 UNDUPLICATED READERS IN 1,560 SEATS, AND EMPLOYED 1,046 UNDUPLICATED TEEN LEADERS IN 1,373 POSITIONS IN 3 STATES. 3540488 true true false false false false false false false false true false false true true false true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 23 0 true 926 true false false false false false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true false false CT NY X X DANIELLE GUINDO 6468676104 160 BROADWAY 8TH FLOOR EAST BLDG NEW YORK NY 10038 MARK A HEMENETZ CHAIR 3.50 X X 0 0 0 ROBERT BROWN VICE PRESIDE 2.00 X X 0 0 0 MICHAEL LUBOWITZ SECRETARY 2.00 X X 0 0 0 JASON TEETERS TREASURER 2.00 X X 0 0 0 DEBJANI BAGCHI DIRECTOR 1.00 X 0 0 0 ADAM BAXTER DIRECTOR 1.00 X 0 0 0 MARCIA CANTARELLA DIRECTOR 1.00 X 0 0 0 MARIANA DE LA VEGA DIRECTOR 1.00 X 0 0 0 KATE BROWN DIRECTOR 1.00 X 0 0 0 DAVID FOSTER DIRECTOR 1.00 X 0 0 0 JENNA GOUDREAU DIRECTOR 1.00 X 0 0 0 SAMUEL GRADESS DIRECTOR 1.00 X 0 0 0 KATY KNIGHT DIRECTOR 1.00 X 0 0 0 MARK MOORE DIRECTOR 1.00 X 0 0 0 ZOE MOUNTROUKAS DIRECTOR 1.00 X 0 0 0 PETER NKONGHO DIRECTOR 1.00 X 0 0 0 PATRICK RAMSEY DIRECTOR 1.00 X 0 0 0 RICHARD ROBINSON DIRECTOR 1.00 X 0 0 0 JULIE STERLING DIRECTOR 1.00 X 0 0 0 CHRISTOPHER VOLPE DIRECTOR 1.00 X 0 0 0 DANIELLE GUINDO EXECUTIVE DI 40.00 X 245846 0 29681 YVETTE RUSSELL CHIEF STRATE 40.00 X 190673 0 23682 MARCOS CLANDER SNR DIRECTOR 40.00 X 115442 0 8789 PATRICIA MACLEAN DIRECTOR OF 40.00 X 105404 0 5000 657365 67152 4 false true false 997018 107067 3586021 4690106 SERVICE FEES FROM SITES 611710 371841 371841 371841 119065 119065 997018 175026 -175026 5005986 371841 119065 X 436519 362765 61462 12292 2271826 2031458 55475 184893 49485 41056 3138 5291 163249 137933 9423 15893 235194 208846 9809 16539 16391 16391 526876 211745 186740 128391 86897 80222 2521 4154 45267 40017 1954 3296 202308 161846 20232 20230 74670 66851 2910 4909 28619 23744 1815 3060 101041 89321 4364 7356 FURNITURE, MAINTENANCE 48853 43069 2153 3631 MISCELLANEOUS 48286 27092 1472 19722 RECRUITMENT, RETENTION 11085 9523 582 980 PROGRAM INCENTIVE 5000 5000 4351566 3540488 380441 430637 13974 107976 2540086 1400017 685072 599811 148507 151855 212349 189303 40585 23046 1878599 945251 798907 4373475 4960211 170559 176035 944857 797725 1115416 973760 X 2498354 2996951 759705 989500 3258059 3986451 4373475 4960211 654420 73972 X false true X true false X 1829767 3528241 3563185 3662226 3690106 16273525 1829767 3528241 3563185 3662226 3690106 16273525 3521559 12751966 6107 4450 4845 78945 119065 213412 16486937 971029 0.77350 0.79970 X PART II, LINE 10 OTHER 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 112542 112542 99807 76761 23046 23046 RIGHT-OF-USE ASSETS-OPERATING LEASES 721957 SECURITY DEPOSITS 76950 798907 LEASE OBLIGATIONS 797725 797725 5567336 73972 487378 561350 5005986 5005986 4838944 487378 487378 4351566 4351566 SPRING EVENT 997018 997018 175026 997018 997018 175026 175026 -175026 false false false false false false false false false DANIELLE GUINDO EXECUTIVE DIRECTOR 245846 29681 275527 YVETTE RUSSELL CHIEF STRATEGY OFFIC 190673 23682 214355 FORM 990 - ORGANIZATION'S MISSION READ ALLIANCE, INC (READ) WORKS 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. READ IMPACTS TWO POPULATIONS SIMULTANEOUSLY, AND THROUGH A HIGHLY STRUCTURED, RESEARCH-BASED CURRICULUM, STUDENTS AVERAGE A FULL YEAR'S GROWTH IN READING AND THEIR TEEN TUTORS DEVELOP COLLEGE, CAREER, AND LIFE SKILLS. EARLY INTERVENTION PREVENTS READING DIFFICULTIES FROM BECOMING BARRIERS TO FUTURE SUCCESS, WHILE TEENS HAVE A POSITIVE DIRECT IMPACT ON THE LIVES OF CHILDREN IN THEIR COMMUNITIES THROUGH MEANINGFUL SERVICE AND JOBS. FORM 990, PAGE 2, PART III, LINE 4A TEEN LEADERSHIP PROGRAM- TEEN LEADERS ARE ENGAGED IN MEANINGFUL AFTER SCHOOL EMPLOYMENT FOR 90 MINUTES A DAY, FOR A MINIMUM OF THREE DAYS A WEEK, AT A NEARBY ELEMENTARY SCHOOL, EARNING AN AVERAGE OF BETWEEN 600-1,000 OVER 45 SESSIONS. TEEN LEADERS ARE NOT ONLY TRAINED TO DELIVER THE RESEARCH-BASED READING CURRICULUM ONE-ON-ONE TO YOUNG CHILDREN, BUT THEY ARE ALSO TRAINED IN BEHAVIOR MANAGEMENT AND DATA COLLECTION THAT IS CRUCIAL TO PROGRAM IMPLEMENTATION, REFLECTION AND ANALYSIS. TEEN LEADERS HAVE THE OPPORTUNITY TO ADVANCE TO SENIOR TEEN LEADER, A POSITION WITH ADDITIONAL RESPONSIBILITY PROVIDING SUPPORT AND GUIDANCE FOR THE TEEN LEADERS, PEER TO PEER DEVELOPMENT, AND SUPERVISION. AS PART OF THE TEEN LEADERSHIP PROGRAM READ ALLIANCE OFFERS COMPLEMENTARY PROGRAMMING FOR TEEN LEADERS THAT PROMOTES THEIR POSTSECONDARY SUCCESS INCLUDING FINANCIAL LITERACY TRAINING, LEADERSHIP DEVELOPMENT, NETWORKING AND CAREER EXPOSURE, COLLEGE READINESS, AND SOCIAL AND EMOTIONAL LEARNING. READ ALLIANCE LAUNCHED A PATHWAYS TO EDUCATION INITIATIVE IN 2024 TO SUPPORT TEEN LEADERS' PURSUIT OF HIGHER EDUCATION AND TO CREATE A PIPELINE TO TEACHING CAREERS. IN AN EFFORT TO SUPPORT EXPANSION, READ ADDED THE ROLE OF SUMMER ENRICHMENT PROGRAM ASSISTANT DURING THE SUMMER OF FY22 SPECIFICALLY FOR EXPERIENCED TEEN LEADERS WHO WERE HOME FROM COLLEGE TO PROVIDE OVERSIGHT AND SUPPORT TO PROGRAM SITES IF A PROGRAM MANAGER WAS UNABLE TO BE THERE IN PERSON EVERY DAY. FORM 990, PAGE 2, PART III, LINE 4B EARLY LITERACY PROGRAM- READ'S UNIQUE EARLY LITERACY PROGRAM IS 45 SESSIONS, AND PROVIDES 90 MINUTES OF PROGRAMMING PER DAY IN TWO PARTS: 1) A 45-MINUTE SESSION OF ONE-TO-ONE, INDIVIDUALIZED LITERACY INTERVENTION USING A STRUCTURED, PHONICS-BASED CURRICULUM DELIVERED TO THE YOUNGER READ STUDENTS BY PAID READ TEEN LEADERS, AND 2) A 45-MINUTE GROUP WORK SESSION LED BY A READ TEACHER, EITHER HOMEWORK HELP OR COMPLEMENTARY LITERACY ACTIVITIES. DURING THE ONE-TO-ONE TUTORING SESSION, STUDENTS READ OUT LOUD TO THEIR TEEN LEADERS A BOOK THEY HAVE ALREADY MASTERED, AND THEN THE TEEN LEADER PROVIDES EXPLICIT ONE-TO-ONE READING INSTRUCTION AND PRACTICE. AT THE END OF EACH SESSION, STUDENTS ARE GIVEN A BOOK FROM OUR LENDING LIBRARY FOR CONTINUED PRACTICE AT HOME. READ ALLIANCE TARGETS ITS EARLY LITERACY PROGRAM TO KINDERGARTEN, FIRST AND SECOND GRADERS WHO ARE READING AT LEAST HALF A GRADE LEVEL BEHIND. THE INDIVIDUALIZED, PHONICS- BASED INSTRUCTION USES A STRUCTURED CURRICULUM TO ADVANCE READING SKILL IMPROVEMENT OF AN AVERAGE OF AT LEAST ONE READING LEVEL IN JUST 30 SESSIONS. MORE THAN 85 PERCENT OF PARTICIPANTS WHO COMPLETE THE READ PROGRAM ADVANCE THEIR READING SKILL IMPROVEMENT AN AVERAGE OF AT LEAST ONE READING LEVEL. IN FY24 READ ALLIANCE SERVED 1,256 UNDUPLICATED READERS IN 1,560 SEATS, AND EMPLOYED 1,046 UNDUPLICATED TEEN LEADERS IN 1,373 POSITIONS IN 3 STATES. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT AND ALL MEMBERS OF THE GOVERNING BOARD REVIEWED THE 990 PRIOR TO FILING WITH THE IRS. IF MEMBERS OF THE GOVERNING BOARD HAVE QUESTIONS ABOUT THE 990 THEY DISCUSS THEM WITH MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 12C READ HAS DEVELOPED ITS CONFLICT OF INTEREST POLICY AND PERIODICALLY REVIEWS THE POLICY TO ENSURE THAT ALL ITS DIRECTORS AND OFFICERS CONTINUE TO ACT IN COMPLIANCE WITH APPLICABLE LAWS AND TO DEAL WITH ALL PERSONS DOING BUSINESS WITH READ APPROPRIATELY. THESE POLICIES ARE GUIDELINES TO PROTECT READ'S INTERESTS WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE CORPORATION. THESE POLICIES ARE INTENDED TO SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE STATE LAWS GOVERNING CONFLICTS OF INTEREST AND PERMISSIBLE ACTIVITIES APPLICABLE TO NONPROFIT AND CHARITABLE CORPORATIONS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS/HER FINANCIAL INTERESTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE FINANCIAL INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FOR ADDRESSING THE CONFLICT OF INTEREST: A. THE EXECUTIVE DIRECTOR OF READ OR THE FINANCE COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. B. AFTER EXERCISING DUE DILIGENCE, THE EXECUTIVE DIRECTOR OR THE FINANCE COMMITTEE SHALL DETERMINE WHETHER READ CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. C. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO READ AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH A DETERMINATION. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY: A. IF THE EXECUTIVE DIRECTOR OR THE FINANCE COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE RESPONSE OF THE MEMBER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THAT THE MEMBER HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE SHALL SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY B. HAS READ AND UNDERSTANDS THE POLICY C. HAS AGREED TO COMPLY WITH THE POLICY D. UNDERSTANDS THAT READ IS A NONPROFIT ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PAGE 6, PART VI, LINE 15A READ'S EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND CHIEF STRATEGY OFFICER USING DATA OBTAINED FROM THE 990 OF OTHER ORGANIZATIONS AND A SURVEY CONDUCTED BY PROFESSIONALS FOR NOT-FOR- PROFITS (PNP). THE DELIBERATION AND DECISION ARE MADE BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE DIRECTOR AND CHIEF STRATEGY OFFICER'S FISCAL 2024 SALARY REVIEW WAS COMPLETED IN AUGUST 2023. FORM 990, PAGE 6, PART VI, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES 132,127 186,740 128,391 OTHER PROFESSIONAL FEES 79,618 0 0 TOTAL 211,745 186,740 128,391