2026-07-13T11:39:02-05:00 2025-08-31 334358135 SAX ADVISORS LLC 1040 AVENUE OF THE AMERICAS-16TH FL NEW YORK NY 10018 990 2024-09-01 133593812 READWORKSINC READ 7185964292 PO BOX 25809 NEW YORK NY 10087 TERRY BOWMAN EXECUTIVE DIRECTOR 7185964292 2026-07-13 1 0 MIKE SCHALL P02024184 2126857000 2026-06-25 2024 2025-03-06 01:10:19Z X TERRY BOWMAN PO BOX 25809 NEW YORK NY 10087 3380330 0 X WWW.READWORKS.ORG X 1990 NY READWORKS IS AN EDUCATION-TECHNOLOGY NON-PROFIT FOCUSED ON IMPROVING READING COMPREHENSION THAT, THROUGH ITS DIGITAL PLATFORM, PROVIDES RESEARCH-BASED CONTENT, CURRICULAR SUPPORTS, AND OTHER FEATURES THAT INTEGRATE WITH CORE ENGLISH LANGUAGE ARTS (ELA) CURRICULA. 11 11 20 25 0 0 2418513 2387598 265611 198335 22863 39997 0 11106 2706987 2637036 0 0 0 0 2356986 2436051 0 0 330036 1292734 1116367 3649720 3552418 -942733 -915382 1775760 830260 106031 76627 1669729 753633 X WITH A DEEP COMMITMENT TO UNDER-RESOURCED COMMUNITIES, READWORKS SUPPORTS TEACHER INSTRUCTION THAT BUILDS THE KNOWLEDGE AND VOCABULARY THAT DRIVE STUDENTS' READING COMPREHENSION. 0 0 2949253 198335 WITH A DEEP COMMITMENT TO UNDER-RESOURCED COMMUNITIES, READWORKS SUPPORTS TEACHER INSTRUCTION THAT BUILDS THE KNOWLEDGE AND VOCABULARY THAT DRIVE STUDENTS' READING COMPREHENSION.READWORKS CONTINUES TO FOCUS ON GROWING AND IMPROVING OUR PRODUCT TO IMPACT THE MILLIONS OF USERS WE SERVE, BASED ON DATA, THE SCIENCE OF READING, AND A DEEP UNDERSTANDING AND EMPATHY FOR THE PRACTICAL REALITIES FACED BY TEACHERS AND STUDENTS IN CLASSROOMS TODAY. IN THE 2024-2025 SCHOOL YEAR, READWORKS SERVED OVER 800,000 EDUCATORS AND MORE THAN 10.5 MILLION STUDENTS.FOR OVER TWO DECADES, WE HAVE SUPPORTED EDUCATORS AND STUDENTS THROUGH FREE RESOURCES, OFFERING: - A WIDE-RANGING LIBRARY - THOUSANDS OF K-12 TEXTS WITH ACADEMICALLY- AND CULTURALLY-RELEVANT TOPICS, OFFERING DIVERSE REPRESENTATION TO INVITE CURIOSITY, ENGAGE STUDENTS, AND FOSTER MEANINGFUL READING EXPERIENCES- EXPERTLY-CRAFTED TEXTS - CAREFULLY RESEARCHED AND WRITTEN PASSAGESBOTH NONFICTION AND FICTIONTHAT PRIORITIZE CONTENT KNOWLEDGE, VOCABULARY, TEXT STRUCTURE, SYNTAX, AND EMPATHY- SUPPLEMENTAL MATERIALS - HAND-CURATED CONTENT AND INSTRUCTIONAL ROUTINES THAT ENHANCE THE TEACHING OF TOPICS ACROSS ALL CONTENT AREAS, COMMONLY-READ BOOKS, AND ELA CURRICULA TO BUILD KNOWLEDGE AND VOCABULARY THROUGH EFFECTIVE READING PRACTICE- RESEARCH-PROVEN EFFECTIVENESS - TESTED IN CLASSROOMS WITH RESULTS THAT SHOW EDUCATOR AND STUDENT GROWTH- DIFFERENTIATION - TOOLS THAT CAN BE EASILY MODIFIED FOR A VARIETY OF LEARNING NEEDS AND THAT OFFER OPPORTUNITIES FOR BOTH ACADEMIC CHALLENGE AND SUPPORT- BILINGUAL READING - AUTHENTIC SPANISH TEXTS THAT LEVERAGE SPANISH SPEAKERS' EXISTING LANGUAGE SKILLS TO SUPPORT THEIR READING IN ENGLISH- PROFESSIONAL DEVELOPMENT - PERSONALIZED EDUCATOR SUPPORT FOCUSED ON THE NEEDS OF UNDER-RESOURCED SCHOOLS- PARTNERSHIP - COLLABORATION AMONG EXPERT STAFF, THOUGHT LEADERS, AND EDUCATORS IN UNDER-RESOURCED SCHOOLS- ACCESS FOR ALL - FREE RESOURCES THAT CAN BE USED DIGITALLY OR PRINTEDIN THE FALL OF 2024, WE LAUNCHED ONE OF OUR MOST REQUESTED OFFERINGS, SPANISH-ENGLISH PAIRED TEXTS (SEPTS). SEPTS ARE DESIGNED TO BUILD VOCABULARY, BACKGROUND KNOWLEDGE, AND STRATEGIC READING SKILLS WITHOUT REQUIRING A SEPARATE LESSON PLAN. EACH PAIR INCLUDES A SPANISH-LANGUAGE PASSAGE. A TOPICALLY-RELATED ENGLISH-LANGUAGE PASSAGE, AND A COMPREHENSION QUESTION SET FOR THE ENGLISH PASSAGE. THESE RESOURCES HELP SPANISH-SPEAKING STUDENTS USE THEIR STRENGTHS IN SPANISH TO ACCESS AND BETTER UNDERSTAND GRADE-LEVEL ENGLISH TEXTS.IN ADDITION TO THIS NEW RESOURCE, WE BECAME AN ADD-ON FOR GOOGLE CLASSROOM USERS AND LAUNCHED AN ALIGNMENT WITH THE UNIVERSITY OF FLORIDA LITERACY INSTITUTE'S UFLI PHONICS CURRICULUM, A FREE, POPULAR RESOURCE USED NATIONWIDE. WE ALSO COMPLETED AND PUBLISHED A 9-WEEK STUDY, IN WHICH STUDENTS USING READWORKS' ARTICLE-A-DAY IMPROVED BY APPROXIMATELY 11% ON THE SCIENCE BACKGROUND KNOWLEDGE ASSESSMENT. IN THE 2024-2025 SCHOOL YEAR, READWORKS WELCOMED TWO NEW MEMBERS TO THE BOARD OF DIRECTORS, ANTHONY HERNANDEZ AND LORI MAYER. ANTHONY HERNANDEZ CURRENTLY SERVES AS STRATEGIC PARTNERSHIPS MANAGER FOR GOOGLE FOR EDUCATION PARTNERSHIPS, DRIVING PRODUCT PARTNERSHIPS AND PROGRAMMATIC APPROACHES TO PARTNERING WITH THE EDTECH ECOSYSTEM TO INCREASE THE COLLECTIVE IMPACT FOR ALL. HE HAS WORKED IN CORPORATE STRATEGY, BUSINESS DEVELOPMENT, AND PARTNERSHIPS FOR MICROSOFT AND THOMSON REUTERS, AS WELL AS SERVED AS A BOARD MEMBER TO TEACH FOR AMERICA'S WA COLLECTIVE CHAPTER, AND LEADS A LOCAL SCHOLARSHIP IN HIS HOMETOWN. LORI MAYER SERVES AS A PARTNER AT PRICEWATERHOUSECOOPERS (PWC), LEADING A TRANSFORMATIONAL GLOBAL DELIVERY EXCELLENCE PROGRAM, CRAFTING A COMPREHENSIVE METHODOLOGY SUPPORTED THROUGH AN INTELLIGENT TECHNOLOGY ECOSYSTEM, AND INTEGRATING CUTTING-EDGE SOLUTIONS THROUGH GENERATIVE AI. WITH DEGREES IN COMPUTER SCIENCE AND EDUCATION FROM THE UNIVERSITY OF MICHIGAN, LORI COMBINES TECHNICAL EXPERTISE WITH EDUCATIONAL INSIGHT. HER EXPERIENCE AS A CLASSROOM TEACHER GIVES HER A UNIQUE UNDERSTANDING OF THE CHALLENGES EDUCATORS FACE, AND SHE IS COMMITTED TO USING THIS KNOWLEDGE TO HELP READWORKS BRIDGE THE GAP BETWEEN TECHNOLOGY AND EDUCATION.READWORKS REMAINS PROUD TO HAVE PARTNERED WITH CULTURAL INSTITUTIONS LIKE THE INTERNATIONAL QUILT MUSEUM, THE GILDER LEHRMAN INSTITUTE OF AMERICAN HISTORY, THE NATIONAL FISH AND WILDLIFE FOUNDATION, THE PHILADELPHIA MUSEUM OF ART, THE NEW-YORK HISTORICAL SOCIETY, THE AMERICAN MUSEUM OF NATURAL HISTORY, AND MORE. OUR LEARNING PARTNERS INCLUDE RENOWNED ORGANIZATIONS AND COMPANIES LIKE AMPLIFY CKLA, GOOGLE EDUCATION, MICROSOFT EDUCATION, AND MORE. AS WE CONTINUE SERVING STUDENTS AND EDUCATORS, WE LOOK FORWARD TO PARTNERING WITH MORE PRESTIGIOUS INSTITUTIONS AND GROWING OUR PORTFOLIO OF PARTNERS TO PROVIDE EVEN MORE OF THE HIGH-QUALITY RESOURCES FOR WHICH WE ARE KNOWN.OUR 2025 ANNUAL REPORT CAN BE FOUND HERE:HTTPS://HEYZINE.COM/FLIP-BOOK/B4E580F10D.HTML?UTM_SOURCE=EMAILSOCIALCARD&UTM_MEDIUM=HEYZINE&UTM_CAMPAIGN=ANNUALREPORT25#PAGE/1 2949253 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 35 0 1 20 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA NY X X BECCA VAUGHN 7185964292 PO BOX 25809 NEW YORK NY 10087 DARIA L WALLACH CHAIR 1.00 X X 0 0 0 WILSON NEELY TREASURER 1.00 X X 0 0 0 JAMIE BEARD DIRECTOR 1.00 X 0 0 0 GINA N CERVETTI DIRECTOR 1.00 X 0 0 0 CATHY JAMES PAGLIA DIRECTOR 1.00 X 0 0 0 MANDY CASAMASSIMA DIRECTOR 1.00 X 0 0 0 KARIM KAM MOOLANI DIRECTOR 1.00 X 0 0 0 HOWARD SCHILLER DIRECTOR 1.00 X 0 0 0 CAMERON AMSTATER DIRECTOR 1.00 X 0 0 0 ANTHONY HERNANDEZ DIRECTOR 1.00 X 0 0 0 LORI MAYER DIRECTOR 1.00 X 0 0 0 TERRY BOWMAN EXECUTIVE DIRECTOR 40.00 X 235842 0 13951 CAMERON SWAIM CHIEF TECHNOLOGY OFFICER 40.00 X 190261 0 13897 SUSANNE NOBLES CHIEF ACADEMIC OFFICER 40.00 X 189133 0 11283 BENJAMIN NICHOLS SENIOR BACK END ENGINEER 40.00 X 129929 0 11190 JEFFREY FLEISHHACKER SR. 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ANY EXPENDITURES MUST BE INCLUDE A FORMALLY ADOPTED PLAN TO REPLENISH THE AMOUNT IN A REALISTIC TIMEFRAME. PART X, LINE 2: THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL, UNCERTAIN TAX POSITIONS. TAX FILINGS FOR PERIODS ENDING AUGUST 31, 2022 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. X X X X 0 0 0 0 0 0 0 0 0 TERRY BOWMAN EXECUTIVE DIRECTOR 235842 0 0 0 0 0 0 0 13951 0 249793 0 0 0 CAMERON SWAIM CHIEF TECHNOLOGY OFFICER 190261 0 0 0 0 0 0 0 13897 0 204158 0 0 0 SUSANNE NOBLES CHIEF ACADEMIC OFFICER 189133 0 0 0 0 0 0 0 11283 0 200416 0 0 0 X 2 126349 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS' FINANCE COMMITTEE REVIEWS THE 990 ALONG WITH ALL AUDIT DOCUMENT FOR THE INITIAL REVIEW OF THE AUDIT AND RECOMMENDATION FOR APPROVAL BY THE ENTIRE BOARD OF DIRECTORS. EACH BOARD DIRECTOR IS PROVIDED ALL AUDIT DOCUMENTS INCLUDING THE 990 FOR THEIR REVIEW AND APPROVAL RECOMMENDATION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD MEMBERS ARE SENT THE CONFLICT OF INTEREST POLICY AND ARE ASKED TO SIGN OFF THAT THEY HAVE NO CONFLICTS OF IF THEY DO, TO DISCLOSE THEM. IF THERE ARE CONFLICTS, THEY ARE DISCUSSED WITH THE ED & BOARD CHAIR FOR RESOLUTION FORM 990, PART VI, SECTION B, LINE 15 THE ED REVIEWS THE 2 KEY OFFICERS,COO AND CAO, PERFORMANCE AND PROPOSED COMPENSSTION WITH THE BOARD CHAIR. THE FINANCE COMMITTEE MAY BE INCLUDED IN THESE CONVERSATION AS IS NECESSARY AND AT THE DISCRETION OF THE BOARD CHAIR. THE BOARD CHAIR & FINANCE COMMITTEE REVIEW THED ED PERFORMANCE BASED ON SPECIFIC ANNUAL GOALS. IF THE GOALS WERE ACHIEVE THEY DETERMINED A NEW COMPENSATION LEVEL (SALARY & BONUS) BASED ON COMPARABLES FOR THE ROLE AND THE FINANCIAL POSITION OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES - WEB HOSTING: PROGRAM SERVICE EXPENSES 137,835. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 137,835. CONTRACT SERVICES - WEB HOSTING PROGRAM: PROGRAM SERVICE EXPENSES 190,814. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 190,814. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 213,696. MANAGEMENT AND GENERAL EXPENSES 102,855. FUNDRAISING EXPENSES 106,467. TOTAL EXPENSES 423,018.