Read Better Be Better is a 501(c)(3) organization based in Phoenix, Arizona, registered in 2015, with $1,790,001 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1.8M
▼ 49.1% vs prior year
Education median: $200K
Expenses (FY2024)
$2.4M
Net assets
$3.0M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Read Better Be Better— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Read Better Be Better: 15 mo reserves · -34% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Read Better Be Better— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Read Better Be Better: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $104K (FY2016) to $1.8M (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-33.5%
Spent more than it raised in the latest fiscal year.
Total assets
$3.3M
Total liabilities
$333K
Net assets
$3.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,790,001▼49.1% | $2,389,820▲7.0% | $2,961,083▼16.8% | $3,294,371▼8.8% | 990 |
| 2023 | $3,519,642▲105% | $2,233,822▲40.2% | $3,557,332▲56.6% | $3,610,681▲53.0% | 990 |
| 2022 | $1,716,906▲11.7% | $1,593,221▲26.9% | $2,271,512▲5.8% | $2,359,556▲8.2% | 990 |
| 2021 | $1,536,864▼1.7% | $1,255,042▲39.5% | $2,147,827▲15.1% | $2,180,704▲13.6% | 990 |
| 2020 | $1,563,168▲0.3% | $899,494▲21.0% | $1,866,005▲55.2% | $1,920,458▲52.2% | 990 |
| 2019 | $1,558,770▲176% | $743,378▲36.3% | $1,202,331▲211% | $1,261,616▲202% | 990 |
| 2018 | $564,582▲30.5% | $545,587▲72.7% | $386,939▲5.2% | $417,502▲10.2% | 990 |
| 2017 | $432,508▲316% | $315,833▲201% | $367,944▲1186% | $378,890▲1072% | 990 |
| 2016 | $103,856 | $104,850 | $28,622 | $32,339 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
57 grants to Read Better Be Better totaling $5.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Burton Family Foundation | General support | 2024 | $220,000 |
| Valley of the Sun United Way | Program support | 2024 | $83,250 |
| Arizona Community Foundation | This award is for general support. enclosed is the first payment of $110,000.00 from the recommended $220,000.00 grant. the second and final payment of $110,000.00 is scheduled to be paid on june 18, 2025, upon receipt of an interim report | 2024 | $60,500 |
| Helios Education Foundation | See part iv | 2024 | $8,940 |
| Arizona Community Foundation | General support | 2023 | $245,500 |
| Donor Advised Charitable Giving | Education | 2023 | $97,900 |
| Valley of the Sun United Way | Program support | 2023 | $79,246 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $21,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $15,000 |
| Helios Education Foundation | See part iv | 2023 | $13,560 |
| American Online Giving Foundation Inc | General support | 2023 | $5,500 |
| Helios Education Foundation | See part iv | 2022 | $1,766,000 |
| Valley of the Sun United Way | Program support | 2022 | $76,800 |
| Arizona Community Foundation | General support | 2022 | $54,500 |
| Donor Advised Charitable Giving | Education | 2022 | $36,000 |
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Data for Read Better Be Better (EIN 47-4003520) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.