Civic Intelligence

Read Ahead Inc

EIN 13-3636559 • 501(c)3 • New York, NY

Profile

Read ahead is dedicated to helping new york city youth strengthen the literacy and social-emotional skills they need to thrive in school and beyond. Since 1991, read ahead has connected public elementary school students with caring mentors from leading corporate and community partners. During weekly virtual sessions, mentors and mentees read together, discuss books and their lives, and engage in fun and educational games and activities. Read ahead sessions are designed to help children grow their confidence, love of reading, literacy skills, and other skills essential for success.

50 Broad Street 502New York, NY 10004

www.readahead.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.43x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.40x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

30th percentile

-4.1%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

12th percentile

-14%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-1.4%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,788,830

Down $283,943 (-14%) from 2023

Liabilities

Down

$763,794

Down $206,217 (-21%) from 2023

Net Assets

Down

$1,025,036

Down $77,726 (-7.0%) from 2023

Revenue

Down

$1,888,786

Down $26,530 (-1.4%) from 2023

Expenses

Up

$1,966,512

Up $107,446 (+5.8%) from 2023

Net Income

Down

-$77,726

Down $133,976 (-238%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $940,678Liabilities 2010: $88,620Net Assets 2010: $852,0582010Assets 2011: $944,503Liabilities 2011: $86,523Net Assets 2011: $857,9802011Assets 2012: $1,094,564Liabilities 2012: $110,696Net Assets 2012: $983,8682012Assets 2013: $852,253Liabilities 2013: $87,776Net Assets 2013: $764,4772013Assets 2014: $616,920Liabilities 2014: $108,067Net Assets 2014: $508,8532014Assets 2015: $647,074Liabilities 2015: $104,199Net Assets 2015: $542,8752015Assets 2016: $702,269Liabilities 2016: $107,801Net Assets 2016: $594,4682016Assets 2017: $789,214Liabilities 2017: $187,174Net Assets 2017: $602,0402017Assets 2018: $917,751Liabilities 2018: $235,746Net Assets 2018: $682,0052018Assets 2019: $999,217Liabilities 2019: $275,560Net Assets 2019: $723,6572019Assets 2020: $1,223,568Liabilities 2020: $448,458Net Assets 2020: $775,1102020Assets 2021: $1,265,848Liabilities 2021: $276,372Net Assets 2021: $989,4762021Assets 2022: $1,343,072Liabilities 2022: $296,560Net Assets 2022: $1,046,5122022Assets 2023: $2,072,773Liabilities 2023: $970,011Net Assets 2023: $1,102,7622023Assets 2024: $1,788,830Liabilities 2024: $763,794Net Assets 2024: $1,025,0362024

Highlighted filing

2024

Assets$1,788,830
Liabilities$763,794
Net Assets$1,025,036

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,231,3832010Revenue 2011: $1,320,384Expenses 2011: $1,314,462Net Income 2011: $5,9222011Expenses 2012: $1,233,4202012Revenue 2013: $1,001,220Expenses 2013: $1,220,611Net Income 2013: -$219,3912013Revenue 2014: $883,123Expenses 2014: $1,138,747Net Income 2014: -$255,6242014Revenue 2015: $1,111,615Expenses 2015: $1,077,593Net Income 2015: $34,0222015Revenue 2016: $1,061,230Expenses 2016: $1,009,637Net Income 2016: $51,5932016Revenue 2017: $1,234,265Expenses 2017: $1,226,693Net Income 2017: $7,5722017Revenue 2018: $1,350,055Expenses 2018: $1,270,090Net Income 2018: $79,9652018Revenue 2019: $1,399,583Expenses 2019: $1,357,931Net Income 2019: $41,6522019Revenue 2020: $1,569,537Expenses 2020: $1,518,084Net Income 2020: $51,4532020Revenue 2021: $1,955,834Expenses 2021: $1,741,468Net Income 2021: $214,3662021Revenue 2022: $1,784,961Expenses 2022: $1,727,925Net Income 2022: $57,0362022Revenue 2023: $1,915,316Expenses 2023: $1,859,066Net Income 2023: $56,2502023Revenue 2024: $1,888,786Expenses 2024: $1,966,512Net Income 2024: -$77,7262024

Highlighted filing

2024

Revenue$1,888,786
Expenses$1,966,512
Net Income-$77,726

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.79$0.76$1.03$1.89$1.97$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.07$0.97$1.10$1.92$1.86$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.30$1.05$1.78$1.73$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.27$0.28$0.99$1.96$1.74$0.21
2020Detailed filing. Detailed filing data is available for this year.$1.22$0.45$0.78$1.57$1.52$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.00$0.28$0.72$1.40$1.36$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.92$0.24$0.68$1.35$1.27$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.79$0.19$0.60$1.23$1.23$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.70$0.11$0.59$1.06$1.01$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.65$0.10$0.54$1.11$1.08$0.03
2014Summary only. Only limited summary data is available for this year.$0.62$0.11$0.51$0.88$1.14$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.09$0.76$1.00$1.22$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.11$0.98$1.23
2011Summary only. Only limited summary data is available for this year.$0.94$0.09$0.86$1.32$1.31$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.09$0.85$1.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 14, 2025
Return Version
2023v6.0
Gross Receipts
$2,039,638
Mission and Program Overview

Mission

During the 2015-2016 school year, read ahead served 866 k-5 students across 20 schools in brooklyn, queens, manhattan and jersey city who were mentored by 1,296 volunteer mentors from 43 corporate and community partner organizations. The majority of students in our partner schools qualified for free or reduced-price lunch. Students grow in their confidence and love of reading through the trusting relationships developed over 14,150 hours of reading and conversation.

Read ahead's reading-based mentoring develops in students the social-emotional skills essential for academic and life-long success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,265,373$1,007,569▼ $257,804
Prepaid Expenses and Deferred Charges$80,430$160,723▲ $80,293
Pledges and Grants Receivable$50,763$96,630▲ $45,867
Land, Buildings, and Equipment, Net$16,317$8,650▼ $7,667
Total Assets$2,072,773$1,788,830▼ $283,943
Other Assets Total$659,890$515,258▼ $144,632
Liabilities
Other Liabilities$635,518$496,746▼ $138,772
Deferred Revenue$231,566$190,895▼ $40,671
Accounts Payable and Accrued Expenses$102,927$76,153▼ $26,774
Total Liabilities$970,011$763,794▼ $206,217
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,102,762$1,025,036▼ $77,726
Total Net Assets Fund Balance$1,102,762$1,025,036▼ $77,726
Total Liabilities and Net Assets / Fund Balance$2,072,773$1,788,830▼ $283,943

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,650$60,562$69,212
Other Assets Org$469,262--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristen BaldwinFormer Executive DirectorFT$149,429$15,955$165,384
Ariel GraceManaging DirectorFT$131,764$15,445$147,209
Evelyn Canela-garciaSenior Director, Program & ImpactFT$107,654$14,702$122,356

Board Members and Trustees

NameTitle
Sean FitzgeraldBoard Chair
Robert RyanBoard Vice Chair
Brian NewmanDirector
Christopher PaciDirector
Eric RutkoskeDirector
Inoki SuarezDirector
Jinyoung JooDirector
John GiouroukakisDirector
John J SmithDirector
Julie AllenDirector
Julie NorthDirector
Kristin Zimmerman-sorioDirector
Lars MunsonDirector
Marta PerezDirector
Melissa LewinDirector
Ned RussellDirector
Pamela Cogut-weinsteinDirector
Sandra HaasDirector
Seth MartinDirector
Ayesha FarooqiFormer Director
Robert AbelFormer Director
Jin ChunSecretary
Nick Jean-baptisteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,869,156
Program Service Revenue
$0
Investment Income
$14,491
Other Revenue
$5,139
All Other Contributions
$811,506
Change in Net Assets
$-77,726

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$63,014Fair Market Value
Total Noncash Contributions3$63,014-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,888,786
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$100,235
Total Revenue per Audited Statements
$1,989,021
Total Revenue per Form 990
$1,888,786
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,416,612
Other Expenses$549,900
Total Fundraising Expense$258,749
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$851,436$57,020$115,928$1,024,384
Occupancy$139,446$10,712$22,123$172,281
Current Officers, Directors, Trustees, and Key Employees$104,439$7,460$37,300$149,199
Fees for Services Other$56,476$45,543$29,865$131,884
Other Employee Benefits$106,577$6,411$15,232$128,220
Payroll Taxes$78,068$3,746$12,225$94,039
Office Expenses$7,723$20,761$8,837$37,321
Insurance-$29,541-$29,541
Fees for Services Accounting-$25,710-$25,710
Pension Plan Contributions$17,032$1,038$2,700$20,770
Other Expenses$10,191$672$1,617$12,480
All Other Expenses$4,833$5,345$767$10,945
Depreciation Depletion-$7,667-$7,667
Travel$3,930--$3,930
Information Technology$44$574$65$683
Total Functional Expenses$1,427,472$280,291$258,749$1,966,512

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,066,747
Expenses per Audited Statements$1,966,512
Total Expenses per Form 990$1,966,512
Expenses Not Reported on Form 990$100,235
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$150,852
Fundraising Gross Income$150,852
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Event$929,523$140,277$62,152$78,125
Nyc Marathon$74,355$10,575$10,575$0
Total Events$1,208,502$150,852$150,852$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Obligation Payable$496,746
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is provided to the treasurer and audit committee to review and approve prior to filing.

Form 990, Part VI, Section B, Line 12C

Annually, each director and officer is asked to affirm that (s)he has received a copy of the conflict of interest policy, has read and understood the policy, has complied with the policy during the prior year and agrees to comply with the policy in the future.

Form 990, Part VI, Section B, Line 15

Compensation for the executive director is determined, reviewed, and approved by the board chairman, treasurer, and other members of the executive committee. Compensation for other key employees is recommended by the executive director and reviewed and approved by the board chairman, treasurer, and other members of the executive committee.

Form 990, Part VI, Section C, Line 19

Read ahead's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Read Ahead Inc
EIN
13-3636559
Phone
2122199940
Address
50 BROAD STREET 502, NEW YORK, NY 10004

Signing Officer

Name
Zoe Henriquez
Title
Executive Director
Phone
2122199940
Signed
2025-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Zoe Henriquez
Formed
1991
Legal Domicile
Ny
Voting Board Members
21
Independent Board Members
21
Employees
19
Volunteers
1,062

Preparer

Firm
Weaver and Tidwell Llp
Address
ONE PENNSYLVANIA PLAZA STE 2800, NEW YORK, NY 10119
Preparer
Peter Metz
Phone
2126955003
Supplemental Narrative

Additional Explanations

Part XII Line 2C

The audit report is provided to the audit committee, which includes three board members, for review and approval.

Financial Statement Notes

PART X, LINE 2:

The organization files an annual form 990, return of organization exempt from income tax, with the internal revenue service (the "irs"). At september 30, 2024, the organization's form 990s for the years 2021 through 2024 remain eligible for examination by the irs.

Raw XML AppendixShowing 400 of 628 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0READ AHEAD'S READING-BASED MENTORING DEVELOPS IN STUDENTS THE SOCIAL-EMOTIONAL SKILLS ESSENTIAL FOR ACADEMIC AND LIFE-LONG SUCCESS.
IRS990/AllOtherContributionsAmt0811506
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IRS990/Desc0READ AHEAD IS PROUD TO HAVE DELIVERED A HIGH-QUALITY READING-BASED MENTORING PROGRAM WEEKLY FROM OCTOBER 2023 - MAY 2024. OUR PROGRAM SERVED 640 1ST - 5TH GRADE STUDENTS ACROSS 8 PUBLIC ELEMENTARY SCHOOLS IN NEW YORK CITY WHERE THE MAJORITY OF STUDENTS ARE CHALLENGED BY POVERTY. WE ENGAGED OVER 1,000 VOLUNTEER MENTORS FROM 35 CORPORATE AND COMMUNITY PARTNERS WHO SUPPORTED STUDENTS TO DEVELOP LITERACY AND SOCIAL-EMOTIONAL SKILLS DURING WEEKLY READ AHEAD SESSIONS.DURING OVER 1,400 SESSIONS THROUGHOUT THE YEAR, READ AHEAD STUDENTS READ OVER 5,000 BOOKS WITH THEIR MENTORS. READ AHEAD ALSO SUCCESSFULLY PILOTED LEXIA CORE5 WITH 185 MENTOR-MENTEE PAIRS AT 3 SCHOOLS. LEXIA IS AN ADAPTIVE, PERSONALIZED READING PROGRAM THAT HELPS STUDENTS BUILD LITERACY SKILLS WITH A SPECIFIC FOCUS ON PHONOLOGICAL AWARENESS, PHONICS, STRUCTURAL ANALYSIS, FLUENCY, VOCABULARY, AND COMPREHENSION. 95% OF EDUCATORS AND CAREGIVERS INDICATED THAT THEIR STUDENT(S) BENEFITTED FROM READ AHEAD. LOVE OF READING, SELF-CONFIDENCE IN READING, AND READING ABILITY WERE AMONG THE TOP ACADEMIC BENEFITS THEY IDENTIFIED. PROGRAM ATTENDANCE FOR VOLUNTEERS AND STUDENTS (A MEASURE OF PROGRAM ENGAGEMENT) WAS 90% OVER THE COURSE OF THE YEAR. READ AHEAD ALSO HELD IN-PERSON SESSIONS FOR MENTORS AND STUDENTS IN BOTH FEBRUARY AND MAY 2024.IN MAY 2024, READ AHEAD HELD ITS ANNUAL BOOKS & BEYOND GALA. OVER 300 GUESTS GATHERED TO RAISE CRITICAL FUNDS AND HONOR OUR LONGTIME PARTNER, MORGAN LEWIS, AND CELEBRATE A TEAM OF EDUCATORS FROM PS 1 IN MANHATTAN.
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IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm2SEAN FITZGERALD
IRS990/Form990PartVIISectionAGrp/PersonNm3JIN CHUN
IRS990/Form990PartVIISectionAGrp/PersonNm4JULIE NORTH
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN NEWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6CHRISTOPHER PACI
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IRS990/Form990PartVIISectionAGrp/PersonNm11JOHN J SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm12JULIE ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm13MELISSA LEWIN
IRS990/Form990PartVIISectionAGrp/PersonNm14KRISTIN ZIMMERMAN-SORIO
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IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21FORMER DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22FORMER DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23FORMER EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25SENIOR DIRECTOR, PROGRAM & IMPACT
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IRS990/MissionDesc0READ AHEAD IS DEDICATED TO HELPING NEW YORK CITY YOUTH STRENGTHEN THE LITERACY AND SOCIAL-EMOTIONAL SKILLS THEY NEED TO THRIVE IN SCHOOL AND BEYOND. SINCE 1991, READ AHEAD HAS CONNECTED PUBLIC ELEMENTARY SCHOOL STUDENTS WITH CARING MENTORS FROM LEADING CORPORATE AND COMMUNITY PARTNERS. DURING WEEKLY VIRTUAL SESSIONS, MENTORS AND MENTEES READ TOGETHER, DISCUSS BOOKS AND THEIR LIVES, AND ENGAGE IN FUN AND EDUCATIONAL GAMES AND ACTIVITIES. READ AHEAD SESSIONS ARE DESIGNED TO HELP CHILDREN GROW THEIR CONFIDENCE, LOVE OF READING, LITERACY SKILLS, AND OTHER SKILLS ESSENTIAL FOR SUCCESS.
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