Read Early and Daily R E A D
Only null% goes to programs Strong reserves Growing revenue
Read Early and Daily R E A D is a 501(c)(3) organization based in Arlington, Virginia, registered in 2018, with $291,124 in FY2024 revenue. CharityIndex grades it B.
113 N Galveston St, Arlington, VA, 22203 EIN 82-3345797 Since 2018
Revenue (FY2024)
$291K
▼ 14.5% vs prior year
Education median: $200K
Expenses (FY2024)
$265K
Net assets
$251K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Early and Daily R E A D— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +9% margin
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 Early and Daily R E A D: 11 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Early and Daily R E A D— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Early and Daily R E A D: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 113 N Galveston St, Arlington, VA, 22203
- City
- Arlington
- State
- Virginia
- Category
- Education
- Subcategory
- Educational Services
- Website
- …
Financial trends
Revenue grew from $124K (FY2019) to $291K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $98KNet assets $251K
Operating margin
9.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$350K
Total liabilities
$98K
Net assets
$251K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $291,124▼14.5% | $264,563▲23.7% | $251,363▲11.8% | $349,780▲28.8% | 990 |
| 2023 | $340,582▲113% | $213,860▲35.0% | $224,802▲129% | $271,525▲136% | 990 |
| 2022 | $159,854▲59.2% | $158,361▲75.2% | $98,080▲1.5% | $115,268▲5.3% | 990 |
| 2021 | $100,395▲62.1% | $90,408▲29.0% | $96,587▲11.5% | $109,444▲4.2% | 990EZ |
| 2020 | $61,916▼50.1% | $70,071▲65.1% | $86,600▼8.6% | $105,045▼5.1% | 990EZ |
| 2019 | $123,973 | $42,454 | $94,755 | $110,670 | 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.
Grants received · $54K total
4 grants to Read Early and Daily R E A D totaling $54K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $12,700 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $16,300 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $12,600 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $12,600 |
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Frequently asked questions
- Is Read Early and Daily R E A D a legitimate nonprofit?
- Yes. Read Early and Daily R E A D is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-3345797, based in Arlington, Virginia. Donations are tax-deductible.
- What is Read Early and Daily R E A D's EIN?
- Read Early and Daily R E A D's Employer Identification Number (EIN) is 82-3345797.
- How much revenue does Read Early and Daily R E A D report?
- Read Early and Daily R E A D reported $291,124 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Read Early and Daily R E A D have?
- CharityIndex grades Read Early and Daily R E A D B, based on financial health (reserves and operating margin).
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Data for Read Early and Daily R E A D (EIN 82-3345797) 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.