Is Reading Results Legit?

Quick charity verification for Reading Results (EIN: 201760894)

Verdict: Reading Results appears trustworthy

85/100Mission Score

$1.6MRevenue

$1.0MAssets

2Red Flags

3Strengths

Red Flags

Expenses exceeded revenue in the most recent filing (202306) by $155,938, continuing a pattern seen in several prior years.
Significant fluctuation in revenue and expenses year-over-year, making long-term financial planning potentially challenging.

Strengths

Consistent reporting of 0% officer compensation across all 13 filings, indicating strong financial stewardship and mission focus.
Generally low liabilities, suggesting responsible debt management.
Maintained a healthy asset base relative to its operational size, providing financial resilience.

Spending Breakdown

How Reading Results allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Reading Results

Is Reading Results a legitimate charity?

Based on AI analysis of IRS 990 filings, Reading Results (EIN: 201760894) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Reading Results a good charity to donate to?

Reading Results has a Mission Score of 85/100. Revenue: $1.6M. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Reading Results?

The Employer Identification Number (EIN) for Reading Results is 201760894. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Reading Results spend its money?

Reading Results allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Reading Results's tax-exempt status?

You can verify Reading Results's tax-exempt status using EIN 201760894 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Reading Results demonstrates a generally stable financial position, though recent filings show some fluctuations. In the 202306 period, the organization reported expenses exceeding revenue by $155,938 ($1,017,283 expenses vs. $861,345 revenue), leading to a decrease in assets from $799,402 in 202206 to $643,634. This trend of expenses exceeding revenue has been observed in several past periods, such as 202106, 202006, 201906, 201806, 201706, and 201406, indicating a potential reliance on reserves or prior year surpluses to cover operational costs in certain years. However, the organization also shows periods of strong revenue generation, like in 202206 where revenue exceeded expenses by $247,241, contributing to asset growth.

The organization's liabilities have remained relatively low across most periods, with the highest reported at $129,253 in 202106, suggesting good financial management in terms of debt. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing funds towards programmatic activities rather than executive salaries, which is a positive sign for donor confidence. While specific program spending ratios are not provided in the raw data, the absence of officer compensation implies a strong focus on mission-related expenditures. The organization's asset base of $1,005,766 (latest) and $643,634 (202306) provides a reasonable buffer for its operational scale.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.