2022-02-14T09:09:08-06:00 2021-08-31 A GARY AARONSON CPA PLLC 42 WEST 38TH STREET SUITE 1003 NEW YORK NY 100180060 990 2020-09-01 134091062 READ ALLIANCE INC READ 6468676101 160 BROADWAY 8TH FL EAST BUILDING NEW YORK NY 10038 DANIELLE GUINDO EXECUTIVE DIRECTOR 6468676101 2022-02-01 DANIELLE GUINDO 999009999 A GARY AARONSON P01327657 2126845770 2022-02-14 X 2020 2022-09-23 18:48:47Z DANIELLE GUINDO 160 BROADWAY 8TH FL EAST BUILDING NEW YORK NY 10038 3532691 false X WWW.READALLIANCE.ORG X 1999 NY WORK TO ACCELERATE THE EDUCATIONAL TRAJECTORY OF EARLY ELEMENTARY STUDENTS THROUGH THE POWER OF TEENS WHO PROVIDE ONE-TO-ONE LITERACY TUTORING IN UNDER-RESOURCED COMMUNITIES. 20 20 630 43 0 1829767 3528241 0 6107 4450 -30958 1835874 3501733 0 0 1597980 1417863 0 312523 656184 739421 2254164 2157284 -418290 1344449 2122085 2391231 1223968 148665 898117 2242566 X READ ALLIANCE, INC (READ) WORKS TO ACCELERATE THE EDUCATIONAL TRAJECTORY OF EARLY ELEMENTARY STUDENTS THROUGH THE POWER OF TEENS WHO PROVIDE ONE-TO-ONE LITERACY TUTORING IN UNDER-RESOURCED COMMUNITIES. READ IMPACTS TWO POPULATIONS SIMULTANEOUSLY, AND THROUGH A HIGHLY STRUCTURED, RESEARCH-BASED CURRICULUM, STUDENTS AVERAGE A FULL YEAR'S GROWTH IN READING AND THEIR TEEN TUTORS DEVELOP COLLEGE, CAREER, AND LIFE SKILLS. EARLY INTERVENTION PREVENTS READING DIFFICULTIES FROM BECOMING BARRIERS TO FUTURE SUCCESS, WHILE TEENS HAVE A POSITIVE DIRECT IMPACT ON THE LIVES OF CHILDREN IN THEIR COMMUNITIES THROUGH MEANINGFUL SERVICE AND JOBS. false false 649409 TEEN LEADERSHIP PROGRAM- YOUNG PEOPLE EMPLOYED BY READ'S TEEN LEADERSHIP PROGRAM EARN MINIMUM WAGE, AND RECEIVE LEADERSHIP DEVELOPMENT, JOB READINESS, PROFESSIONAL SKILLS, AND ECONOMIC EMPOWERMENT PROGRAMMING. THROUGH THEIR INVOLVEMENT, TEEN LEADERS ARE ENGAGED IN MEANINGFUL AFTER SCHOOL EMPLOYMENT FOR 90 MINUTES A DAY, FOR A MINIMUM OF THREE DAYS A WEEK, AT A NEARBY ELEMENTARY SCHOOL. TEEN LEADERS ARE NOT ONLY TRAINED TO DELIVER THE RESEARCH-BASED READING CURRICULUM ONE-ON-ONE TO YOUNG CHILDREN, BUT THEY ARE ALSO TRAINED IN BEHAVIOR MANAGEMENT AND DATA COLLECTION THAT IS CRUCIAL TO PROGRAM IMPLEMENTATION, REFLECTION AND ANALYSIS. TEEN LEADERS HAVE THE OPPORTUNITY TO ADVANCE TO SENIOR TEEN LEADER, A POSITION WITH ADDITIONAL RESPONSIBILITY PROVIDING SUPPORT AND GUIDANCE FOR THE TEEN LEADERS, PEER TO PEER DEVELOPMENT, AND SUPERVISION. 966852 EARLY LITERACY PROGRAM- READ'S UNIQUE EARLY LITERACY PROGRAM PROVIDES 90 MINUTES OF PROGRAMMING A DAY IN TWO PARTS: 1) A 45-MINUTE SESSION OF ONE- TO-ONE, INDIVIDUALIZED LITERACY INTERVENTION USING A PHONICS-BASED CURRICULUM DELIVERED TO THE YOUNGER READ STUDENTS BY PAID READ TEEN LEADERS, EARNING MINIMUM WAGE AND 2) A 45-MINUTE GROUP WORK SESSION LED BY A READ TEACHER, EITHER HOMEWORK HELP OR COMPLEMENTARY LITERACY ACTIVITIES. DURING THE ONE-TO-ONE TUTORING SESSION, STUDENTS READ OUT LOUD TO THEIR TEEN LEADERS A BOOK THEY HAVE ALREADY MASTERED, AND THEN THE TEEN LEADER PROVIDES EXPLICIT ONE-TO-ONE READING INSTRUCTION AND PRACTICE. AT THE END OF EACH SESSION, STUDENTS ARE GIVEN A BOOK FROM OUR LENDING LIBRARY FOR CONTINUED PRACTICE AT HOME. MORE THAN 85 PERCENT OF STUDENTS IN OUR PROGRAM IMPROVE MORE THAN A GRADE LEVEL IN READING. READ ALLIANCE TARGETS ITS EARLY LITERACY PROGRAM TO KINDERGARTEN, FIRST AND SECOND GRADERS WHO ARE READING AT LEAST HALF A GRADE LEVEL BEHIND. THE INDIVIDUALIZED, PHONICS-BASED INSTRUCTION USES A LEVELED CURRICULUM TO ADVANCE READING SKILL IMPROVEMENT OF AN AVERAGE OF AT LEAST ONE READING LEVEL IN JUST 30 SESSIONS. IN RESPONSE TO THE COVID-19 PANDEMIC WHICH INTERRUPTED IN-PERSON PROGRAMMING, READ MOVED ITS UNIQUE DUAL-IMPACT PROGRAM MODEL ONLINE. READ STAYED TRUE TO THE PROGRAM MODEL OF PAIRING TRAINED TEEN LEADERS ONE-ON-ONE WITH STRUGGLING EARLY READERS, SUPERVISED BY LICENSED TEACHERS AND PROFESSIONAL READ STAFF IN A VIRTUAL SETTING. IN FY20, READ CONDUCTED A 3 WEEK TEST OF THIS VIRTUAL MODEL IN JUNE, AND IMPLEMENTED A 5 WEEK PILOT SERVING 106 CHILDREN AND EMPLOYING 74 TEENS IN JULY AND AUGUST. IN FY21, READ IMPLEMENTED PROGRAMMING VIRTUALLY OR IN A HYBRID FORMAT THROUGHOUT THE ENTIRE YEAR, SERVING A TOTAL OF 576 STRIVING READERS AND EMPLOYING 189 UNDUPLICATED TEEN LEADERS THROUGHOUT THE 5 BOROUGHS OF NYC AND IN BERKS COUNTY, PENNSYLVANIA DURING THE SCHOOL YEAR AND SUMMER. 1616261 true true false false false false false false false false true false false false true false true false false false false false false false true false false false false true false false false false false false false false true false false false false false false false false true 7 0 true 630 true false false false false false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true false false CT NJ NY X X DANIELLE GUINDO 6468676104 160 BROADWAY 8TH FLOOR EAST BLDG NEW YORK NY 10038 MARK A HEMENETZ CHAIR 3.50 X X 0 0 0 ROBERT BROWN TREASURER 2.00 X X 0 0 0 MICHAEL LUBOWITZ SECRETARY 3.00 X X 0 0 0 DEBJANI BAGCHI DIRECTOR 1.00 X 0 0 0 ADAM BAXTER DIRECTOR 1.00 X 0 0 0 MARCIA CANTARELLA DIRECTOR 1.00 X 0 0 0 MARIANA DE LA VEGA DIRECTOR 1.00 X 0 0 0 ERIC FARINA DIRECTOR 1.00 X 0 0 0 DAVID FOSTER DIRECTOR 1.00 X 0 0 0 SAMUEL GRADESS DIRECTOR 1.00 X 0 0 0 MARK MOORE DIRECTOR 1.00 X 0 0 0 ZOE MOUNTROUKAS DIRECTOR 1.00 X 0 0 0 PETER NKONGHO DIRECTOR 1.00 X 0 0 0 PATRICK RAMSEY DIRECTOR 1.00 X 0 0 0 RICHARD ROBINSON DIRECTOR 1.00 X 0 0 0 SINDY SAGASTUME DIRECTOR 1.00 X 0 0 0 PETER STEIN DIRECTOR 1.00 X 0 0 0 JULIE STERLING DIRECTOR 1.00 X 0 0 0 JASON TEETERS DIRECTOR 1.00 X 0 0 0 CHRISTOPHER VOLPE DIRECTOR 1.00 X 0 0 0 DANIELLE GUINDO EXECUTIVE DI 40.00 0.00 X 184840 0 16200 RUSSELL YVETTE CHIEF PRGM O 40.00 0.00 X 142525 0 9280 327365 25480 2 false true false 1186907 533057 1808277 38285 3528241 4450 4450 1186907 30958 -30958 3501733 4450 X 327365 271913 46210 9242 915378 770581 32222 112575 80909 64844 6292 9773 94211 80054 5545 8612 1170 1170 16500 16500 295699 86371 83975 125353 47758 40785 2781 4192 42016 35246 2652 4118 158338 126670 15834 15834 8390 7038 530 822 25320 19773 2173 3374 91655 76886 5785 8984 MISCELLANEOUS 20013 11592 938 7483 FURNITURE, MAINTENANCE 17440 14733 1061 1646 RECRUITMENT, RETENTION 5622 4775 332 515 PROGRAM INCENTIVE 5000 5000 4500 4500 2157284 1616261 228500 312523 10045 20064 1326294 1814041 410913 276761 208467 133877 168383 100010 86956 68373 79410 78115 2122085 2391231 71754 82279 824588 327626 66386 1223968 148665 X 663441 1894566 234676 348000 898117 2242566 2122085 2391231 1344449 X X false true X true false X 1915640 2053738 2227383 1829767 3528241 11554769 1915640 2053738 2227383 1829767 3528241 11554769 2297193 9257576 63249 78189 37985 6107 4450 189980 208 9296 9504 11754253 0.78760 0.76240 X PART II, LINE 10 OTHER 9,504 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 112542 54316 58226 55841 45694 10147 68373 DEFERRED RENT 66386 66386 3612190 110457 110457 3501733 3501733 2267741 110457 110457 2157284 2157284 SPRING EVENT 1186907 1186907 30958 1186907 1186907 30958 30958 -30958 false false false false false false false false false DANIELLE GUINDO EXECUTIVE DIRECTOR 184840 16200 201040 RUSSELL YVETTE CHIEF PRGM OFFICER 142525 9280 151805 X 2 38285 false false false FORM 990 - ORGANIZATION'S MISSION READ ALLIANCE, INC (READ) WORKS TO ACCELERATE THE EDUCATIONAL TRAJECTORY OF EARLY ELEMENTARY STUDENTS THROUGH THE POWER OF TEENS WHO PROVIDE ONE-TO-ONE LITERACY TUTORING IN UNDER-RESOURCED COMMUNITIES. READ IMPACTS TWO POPULATIONS SIMULTANEOUSLY, AND THROUGH A HIGHLY STRUCTURED, RESEARCH-BASED CURRICULUM, STUDENTS AVERAGE A FULL YEAR'S GROWTH IN READING AND THEIR TEEN TUTORS DEVELOP COLLEGE, CAREER, AND LIFE SKILLS. EARLY INTERVENTION PREVENTS READING DIFFICULTIES FROM BECOMING BARRIERS TO FUTURE SUCCESS, WHILE TEENS HAVE A POSITIVE DIRECT IMPACT ON THE LIVES OF CHILDREN IN THEIR COMMUNITIES THROUGH MEANINGFUL SERVICE AND JOBS. FORM 990, PAGE 2, PART III, LINE 4A TEEN LEADERSHIP PROGRAM- YOUNG PEOPLE EMPLOYED BY READ'S TEEN LEADERSHIP PROGRAM EARN MINIMUM WAGE, AND RECEIVE LEADERSHIP DEVELOPMENT, JOB READINESS, PROFESSIONAL SKILLS, AND ECONOMIC EMPOWERMENT PROGRAMMING. THROUGH THEIR INVOLVEMENT, TEEN LEADERS ARE ENGAGED IN MEANINGFUL AFTER SCHOOL EMPLOYMENT FOR 90 MINUTES A DAY, FOR A MINIMUM OF THREE DAYS A WEEK, AT A NEARBY ELEMENTARY SCHOOL. TEEN LEADERS ARE NOT ONLY TRAINED TO DELIVER THE RESEARCH-BASED READING CURRICULUM ONE-ON-ONE TO YOUNG CHILDREN, BUT THEY ARE ALSO TRAINED IN BEHAVIOR MANAGEMENT AND DATA COLLECTION THAT IS CRUCIAL TO PROGRAM IMPLEMENTATION, REFLECTION AND ANALYSIS. TEEN LEADERS HAVE THE OPPORTUNITY TO ADVANCE TO SENIOR TEEN LEADER, A POSITION WITH ADDITIONAL RESPONSIBILITY PROVIDING SUPPORT AND GUIDANCE FOR THE TEEN LEADERS, PEER TO PEER DEVELOPMENT, AND SUPERVISION. FORM 990, PAGE 2, PART III, LINE 4B EARLY LITERACY PROGRAM- READ'S UNIQUE EARLY LITERACY PROGRAM PROVIDES 90 MINUTES OF PROGRAMMING A DAY IN TWO PARTS: 1) A 45-MINUTE SESSION OF ONE- TO-ONE, INDIVIDUALIZED LITERACY INTERVENTION USING A PHONICS-BASED CURRICULUM DELIVERED TO THE YOUNGER READ STUDENTS BY PAID READ TEEN LEADERS, EARNING MINIMUM WAGE AND 2) A 45-MINUTE GROUP WORK SESSION LED BY A READ TEACHER, EITHER HOMEWORK HELP OR COMPLEMENTARY LITERACY ACTIVITIES. DURING THE ONE-TO-ONE TUTORING SESSION, STUDENTS READ OUT LOUD TO THEIR TEEN LEADERS A BOOK THEY HAVE ALREADY MASTERED, AND THEN THE TEEN LEADER PROVIDES EXPLICIT ONE-TO-ONE READING INSTRUCTION AND PRACTICE. AT THE END OF EACH SESSION, STUDENTS ARE GIVEN A BOOK FROM OUR LENDING LIBRARY FOR CONTINUED PRACTICE AT HOME. MORE THAN 85 PERCENT OF STUDENTS IN OUR PROGRAM IMPROVE MORE THAN A GRADE LEVEL IN READING. READ ALLIANCE TARGETS ITS EARLY LITERACY PROGRAM TO KINDERGARTEN, FIRST AND SECOND GRADERS WHO ARE READING AT LEAST HALF A GRADE LEVEL BEHIND. THE INDIVIDUALIZED, PHONICS-BASED INSTRUCTION USES A LEVELED CURRICULUM TO ADVANCE READING SKILL IMPROVEMENT OF AN AVERAGE OF AT LEAST ONE READING LEVEL IN JUST 30 SESSIONS. IN RESPONSE TO THE COVID-19 PANDEMIC WHICH INTERRUPTED IN-PERSON PROGRAMMING, READ MOVED ITS UNIQUE DUAL-IMPACT PROGRAM MODEL ONLINE. READ STAYED TRUE TO THE PROGRAM MODEL OF PAIRING TRAINED TEEN LEADERS ONE-ON-ONE WITH STRUGGLING EARLY READERS, SUPERVISED BY LICENSED TEACHERS AND PROFESSIONAL READ STAFF IN A VIRTUAL SETTING. IN FY20, READ CONDUCTED A 3 WEEK TEST OF THIS VIRTUAL MODEL IN JUNE, AND IMPLEMENTED A 5 WEEK PILOT SERVING 106 CHILDREN AND EMPLOYING 74 TEENS IN JULY AND AUGUST. IN FY21, READ IMPLEMENTED PROGRAMMING VIRTUALLY OR IN A HYBRID FORMAT THROUGHOUT THE ENTIRE YEAR, SERVING A TOTAL OF 576 STRIVING READERS AND EMPLOYING 189 UNDUPLICATED TEEN LEADERS THROUGHOUT THE 5 BOROUGHS OF NYC AND IN BERKS COUNTY, PENNSYLVANIA DURING THE SCHOOL YEAR AND SUMMER. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT AND ALL MEMBERS OF THE GOVERNING BOARD REVIEWED THE 990 PRIOR TO FILING WITH THE IRS. IF MEMBERS OF THE GOVERNING BOARD HAVE QUESTIONS ABOUT THE 990 THEY DISCUSS THEM WITH MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 12C READ HAS DEVELOPED ITS CONFLICT OF INTEREST POLICY AND PERIODICALLY REVIEWS THE POLICY TO ENSURE THAT ALL ITS DIRECTORS AND OFFICERS CONTINUE TO ACT IN COMPLIANCE WITH APPLICABLE LAWS AND TO DEAL WITH ALL PERSONS DOING BUSINESS WITH READ APPROPRIATELY. THESE POLICIES ARE GUIDELINES TO PROTECT READ'S INTERESTS WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE CORPORATION. THESE POLICIES ARE INTENDED TO SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE STATE LAWS GOVERNING CONFLICTS OF INTEREST AND PERMISSIBLE ACTIVITIES APPLICABLE TO NONPROFIT AND CHARITABLE CORPORATIONS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS/HER FINANCIAL INTERESTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE FINANCIAL INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FOR ADDRESSING THE CONFLICT OF INTEREST: A. THE EXECUTIVE DIRECTOR OF READ OR THE FINANCE COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. B. AFTER EXERCISING DUE DILIGENCE, THE EXECUTIVE DIRECTOR OR THE FINANCE COMMITTEE SHALL DETERMINE WHETHER READ CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. C. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO READ AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH A DETERMINATION. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY: A. IF THE EXECUTIVE DIRECTOR OR THE FINANCE COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE RESPONSE OF THE MEMBER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THAT THE MEMBER HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE SHALL SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY B. HAS READ AND UNDERSTANDS THE POLICY C. HAS AGREED TO COMPLY WITH THE POLICY D. UNDERSTANDS THAT READ IS A NONPROFIT ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PAGE 6, PART VI, LINE 15A READ'S EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR USING DATA OBTAINED FROM THE 990 OF OTHER ORGANIZATIONS AND A SURVEY CONDUCTED BY PROFESSIONALS FOR NOT-FOR-PROFITS (PNP). THE DELIBERATION AND DECISION ARE MADE BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE DIRECTOR'S FISCAL 2020 SALARY REVIEW WAS COMPLETED IN AUGUST 2019. ANOTHER REVIEW TOOK PLACE IN AUGUST 2020 FOR THE EXECUTIVE DIRECTOR'S FISCAL 2021 SALARY. FORM 990, PAGE 6, PART VI, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES 40,373 83,975 125,353 OTHER PROFESSIONAL FEES 45,998 0 0 TOTAL 86,371 83,975 125,353 FORM 990, PAGE 12, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.