Read To Succeed Inc
Only null% goes to programs
Read To Succeed Inc is a 501(c)(3) organization based in Murfreesboro, Tennessee, registered in 2005, with $194,631 in FY2024 revenue. CharityIndex grades it D.
Po Box 12161, Murfreesboro, TN, 37129 EIN 20-0175948 Since 2005
Revenue (FY2024)
$195K
▼ 15.7% vs prior year
Education median: $200K
Expenses (FY2024)
$263K
Net assets
$46K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 To Succeed Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating2 mo reserves · -35% 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 To Succeed Inc: 2 mo reserves · -35% margin earns a D 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 To Succeed Inc— 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 To Succeed Inc: 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
- Po Box 12161, Murfreesboro, TN, 37129
- City
- Murfreesboro
- State
- Tennessee
- Category
- Education
- Subcategory
- Educational Services
- Website
- …
Financial trends
Revenue grew from $140K (FY2011) to $195K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $123Net assets $46K
Operating margin
-35.2%
Spent more than it raised in the latest fiscal year.
Total assets
$46K
Total liabilities
$123
Net assets
$46K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $194,631▼15.7% | $263,056▲18.1% | $45,562▼60.0% | $45,685▼59.9% | 990 |
| 2023 | $230,802▼2.0% | $222,685▲4.8% | $113,989▲7.7% | $113,989▲7.7% | 990 |
| 2022 | $235,409▲9.5% | $212,576▲6.6% | $105,871▲27.5% | $105,871▲22.8% | 990 |
| 2021 | $215,070▼2.0% | $199,465▲3.4% | $83,038▲23.1% | $86,205▲23.3% | 990 |
| 2020 | $219,564▲14.2% | $192,932▼9.8% | $67,434▲65.3% | $69,914▼9.8% | 990 |
| 2019 | $192,275▼21.3% | $213,934▼1.5% | $40,803▼34.7% | $77,485▼18.4% | 990 |
| 2018 | $244,401▲13.1% | $217,125▼3.0% | $62,462▲77.5% | $94,962▲14.2% | 990 |
| 2017 | $216,027▲32.4% | $223,854▲25.5% | $35,186▼30.1% | $83,186▲29.1% | 990 |
| 2014 | $163,197▲1.2% | $178,413▲22.8% | $50,303▼23.0% | $64,443▼24.8% | 990EZ |
| 2013 | $161,302▲48.0% | $145,305▼7.9% | $65,334▲32.8% | $85,694▲11.7% | 990EZ |
| 2012 | $108,956▼22.1% | $157,728▲34.3% | $49,180▼48.0% | $76,746▼20.3% | 990EZ |
| 2011 | $139,899 | $117,428 | $94,656 | $96,312 | 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 · $66K total
24 grants to Read To Succeed Inc totaling $66K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Rochester Area Community Foundation | For general support | 2020 | $5,000 |
| Rochester Area Community Foundation | For general support | 2020 | $5,000 |
| The Community Fdn of Middle Tn Inc | To provide contemporary and relevant books in the hands, hearts and minds of adolescent rutherford county mid/high school students. | 2020 | $5,000 |
| The Community Fdn of Middle Tn Inc | Human services | 2020 | $3,675 |
| The Community Fdn of Middle Tn Inc | Representing matching dollar support (up to $1,000 maximum for big payback fundraising.) | 2020 | $1,000 |
| The Community Fdn of Middle Tn Inc | Human services | 2020 | $20 |
| The Community Fdn of Middle Tn Inc | To place books in the hands, hearts and minds of the youth of our community so they become good citizens. | 2019 | $5,000 |
| The Community Fdn of Middle Tn Inc | To provide free tutoring to adults so they can obtain their ged (hiset)/citizenship to be well rounded citizens and employees. | 2019 | $2,000 |
| The Community Fdn of Middle Tn Inc | Human services | 2019 | $1,444 |
| The Community Fdn of Middle Tn Inc | Human services | 2019 | $250 |
| The Community Fdn of Middle Tn Inc | Read to succeed improves lives in rutherford county by offering free literacy programs and events for adults and children. | 2018 | $8,000 |
| The Community Fdn of Middle Tn Inc | Human services | 2018 | $354 |
| The Community Fdn of Middle Tn Inc | Read to succeed improves lives in rutherford county by offering free literacy programs and events for adults and children. | 2017 | $6,000 |
| The Community Fdn of Middle Tn Inc | Human services | 2017 | $499 |
| The Community Fdn of Middle Tn Inc | Human services | 2017 | $381 |
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Frequently asked questions
- Is Read To Succeed Inc a legitimate nonprofit?
- Yes. Read To Succeed Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-0175948, based in Murfreesboro, Tennessee. Donations are tax-deductible.
- What is Read To Succeed Inc's EIN?
- Read To Succeed Inc's Employer Identification Number (EIN) is 20-0175948.
- How much revenue does Read To Succeed Inc report?
- Read To Succeed Inc reported $194,631 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Read To Succeed Inc have?
- CharityIndex grades Read To Succeed Inc D, based on financial health (reserves and operating margin).
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Data for Read To Succeed Inc (EIN 20-0175948) 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.