Nonprofit · EIN 47-2306902
READING & MATH INC
Tax-exempt · MINNEAPOLIS, MN 55415
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $90,167,661 | $90,589,982 | -$422,321 | $7,161,155 | $3,846,836 | $3,314,319 |
| July 31, 2024 | 990 | $94,657,595 | $94,536,868 | $120,727 | $9,110,910 | $5,374,270 | $3,736,640 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $87,691,488
- of which government grants
- $84,943,968
- Program service revenue
- $2,423,410
- Investment income
- $52,763
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $337,959
- Other salaries and wages
- $20,694,166
- Salaries, compensation and benefits (total)
- $26,247,661
- Professional fundraising fees
- $0
- Legal fees
- $95,562
- Accounting fees
- $31,057
- Occupancy
- $651,508
- Travel
- $933,688
- Depreciation
- $46,060
- Program services (functional)
- $84,385,700
- Management and general (functional)
- $6,064,634
- Fundraising (functional)
- $139,648
Balance sheet and other
- Total assets, start of year
- $9,110,910
- Total assets, end of year
- $7,161,155
- Total liabilities, end of year
- $3,846,836
- Net assets, end of year
- $3,314,319
- Land, buildings and equipment
- $3,838
- Net assets without donor restrictions
- $1,147,600
- Net assets with donor restrictions
- $2,166,719
- Gross receipts
- $90,167,661
- Employees
- 5,044
- Volunteers
- 265
- Year formed
- 2014
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SADIANN O'CONNOR | MANAGING DIRECTOR/PRESIDENT Officer | 40 | $156,364 | $18,751 |
| SHERENE JUDEH | CHIEF PROGRAM OFFICER Highest-paid employee | 40 | $129,839 | $32,831 |
| ANNE SINCLAIR | CHIEF LEARNING OFFICER Highest-paid employee | 40 | $117,895 | $40,726 |
| VALERIE MCCULLOUGH | CHIEF OPERATING OFFICER/CHIEF FINANCIAL OFFICER Officer | 40 | $130,448 | $19,460 |
| CHRISTINE FANKHANEL | SEN DIR OF MN PROGRAMS Highest-paid employee | 40 | $113,483 | $25,347 |
| ITZEL GALINDO | EXEC DIR OF WI PROGRAMS Highest-paid employee | 40 | $108,297 | $25,695 |
| AUDREY MILLER | SEN VP OF REGIONAL LEADERSHIP Highest-paid employee | 40 | $116,406 | $7,134 |
| KIM PLAHN | CHAIR (BEG 10/24) Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT RUMPZA | CHAIR (END 10/24)/DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| LINDA GILLIGAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARY BETH BRODY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATE KELLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARY KURTH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MCKOSKEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHESTER SPELLMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MONTE AMUNDSON | DIRECTOR Trustee or director | 1 | $0 |
| NICHOLE DUNN | DIRECTOR Trustee or director | 1 | $0 |
| HEATHER GIBBS | DIRECTOR (END 1/25) Trustee or director | 1 | $0 |
990 for the year ended July 31, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SADIE O'CONNOR | MANAGING DIRECTOR/PRESIDENT Officer | 40 | $148,170 | $16,515 |
| ANNE SINCLAIR | CLO Highest-paid employee | 40 | $110,521 | $37,022 |
| VALERIE MCCULLOUGH | COO/CFO Officer | 40 | $126,327 | $15,872 |
| SHERENE JUDEH | CPO Highest-paid employee | 40 | $121,577 | $20,439 |
| ANNE JOHNSON | HUMAN RESOURCES DIRECTOR Highest-paid employee | 40 | $105,067 | $32,052 |
| ITZEL GALINDO | ED OF WI PROGRAMS Highest-paid employee | 40 | $103,916 | $21,120 |
| AUDREY MILLER | ED OF CA PROGRAMS Highest-paid employee | 40 | $109,739 | $10,023 |
| ROBERT RUMPZA | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KIM PLAHN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARY BETH BRODY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATE KELLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARY KURTH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MCKOSKEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HEATHER GIBBS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MONTE AMUNDSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LINDA GILLIGAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1200 WASHINGTON AVE S STE 310, MINNEAPOLIS, MN 55415-5500
- In care of
- % AUDREY SUKER
- Principal officer (990 for 2024)
- SADIANN O'CONNOR, 1200 S WASHINGTON AVE 310, MINNEAPOLIS, MN 55402
- Signed the 990
- SADIANN O'CONNOR, MANAGING DIRECTOR
- Phone
- (612) 206-3030
- Website
- WWW.AMPACT.US
- Return prepared by
- CREATIVE PLANNING TAX LLC
Mission
TO TRANSFORM LIVES WHILE WORKING TO ENGAGE PEOPLE IN NATIONAL SERVICE, WE FOCUS ON REPLICATING AND EXPANDING EVIDENCE-BASED PROGRAMS TO ADDRESS CRITICAL GAPS IN EDUCATIONAL ACHIEVEMENT, ECONOMIC OPPORTUNITY AND OTHER EMERGENT SOCIAL ISSUES.
Program accomplishments
- EDUCATION PROGRAMS - READING CORPS, MATH CORPS AND EARLY LEARNING CORPS ARE HIGH-DOSAGE TUTORING PROGRAMS DESIGNED TO HELP STUDENTS DEVELOP READING AND MATH PROFICIENCY. THESE NATIONAL PROGRAMS TRAIN AMERICORPS MEMBERS TO DELIVER EVIDENCE-BASED LITERACY AND MATH INTERVENTIONS TO STUDENTS IN PRE-KINDERGARTEN - 8TH GRADE. RIGOROUS THIRD-PARTY RESEARCH FOUND STRONG EVIDENCE THAT STUDENTS WHO RECEIVE TUTORING FROM READING CORPS, MATH CORPS AND EARLY LEARNING CORPS MAKE GREATER GAINS AND FASTER PROGRESS THAN THEIR PEERS WHO DO NOT RECEIVE TUTORING. DELIVERING HIGH-IMPACT TUTORING WITH THIS COST-EFFECTIVE AND SCALABLE MODEL, THESE PROVEN PROGRAMS SERVED 63,814 STUDENTS DURING THE 2024-25 PROGRAM YEAR.Expenses $65,978,082 · revenue $1,839,744
- HEALTHY FUTURES PROGRAMS FOCUS ON STRENGTHENING COMMUNITIES AND IMPROVING FUTURE OUTCOMES. FOCUSED ON SUPPORTING EFFORTS TO ADDRESS SUBSTANCE USE DISORDER OR HOUSING INSECURITY, AMERICORPS MEMBERS SERVING WITH HEALTHY FUTURES PROGRAMS MAKE AN INCREDIBLE IMPACT. DURING THE 2024-25 PROGRAM YEAR, OFFERINGS INCLUDED RECOVERY CORPS & HEADING HOME CORPS. TOGETHER, MEMBERS SUPPORTED 6,500 INDIVIDUALS AND PROVIDED CRITICAL CAPACITY BUILDING SERVICES FOR 180 ORGANIZATIONS LOCATED IN MINNESOTA, ILLINOIS, AND VIRGINIA.Expenses $17,941,093 · revenue $129,500
- READING & MATH, INC. PROVIDES TECHNICAL ASSISTANCE FOR THE DELIVERY OF READING CORPS, MATH CORPS AND EARLY LEARNING CORPS TO NATIONAL REPLICATION PARTNERS, ENSURING THE PROVEN MODEL IS IMPLEMENTED CONSISTENTLY AND WITH FIDELITY ACROSS THE COUNTRY TO ACHIEVE HIGH IMPACT RESULTS.Expenses $466,525 · revenue $454,166
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 47-2306902
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B92)
- Assets (IRS master file)
- $7,161,155
- Income (IRS master file)
- $90,167,661
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $90,167,661 | $90,589,982 | $7,161,155 | XML |
| 990 | July 2024 | $94,657,595 | $94,536,868 | $9,110,910 | XML |
| 990 | July 2023 | $65,962,045 | $65,458,575 | $8,024,234 | IRS |
| 990 | July 2022 | $50,180,193 | $49,209,170 | $4,709,118 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-2306902).
Questions about READING & MATH INC
- What is the EIN of READING & MATH INC?
- The employer identification number (EIN) of READING & MATH INC is 47-2306902.
- Is READING & MATH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to READING & MATH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does READING & MATH INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of READING & MATH INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did READING & MATH INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of READING & MATH INC?
- The 990 for the year ended July 31, 2025 names SADIANN O'CONNOR.
- Who are the officers and directors of READING & MATH INC?
- The 990 for the year ended July 31, 2025 lists 18 people; 7 received compensation from the organization, the highest $156,364 (SADIANN O'CONNOR, MANAGING DIRECTOR/PRESIDENT).
- How much revenue does READING & MATH INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $90,167,661, expenses of $90,589,982 and total assets of $7,161,155 at year end.
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