EIN 46-4080472

Read 718

IRS 501(c) type
501(c)(3)
Num. employees
12
Year formed
2013
Most recent tax filings
2023-07-01
Description
READ 718 offers individualized and small group literacy instruction to students from low-income families in grades 1-8 in Brooklyn. They provide free or low-cost mentorship, reading instruction, and other literacy programming both in-person and remotely at their two literacy centers.
Total revenues
$744,534
2023
Total expenses
$695,843
2023
Total assets
$827,534
2023
Num. employees
12
2023

Program areas at Read 718

During the 2022-23 school year, Read 718 served 210 children, providing over 8,000 hours of one-to-one and small group instruction. For each 10 week cycle, we served between 55-65 students in Read 718 after school (in-person, in our two literacy centers) and between 45-55 students in Read 718 remote (the online version of our core after school program). In addition, we served 115 students across all of our summer 2023 programming, which includes summer reading room (in person and remote), rising readers, and word up. While Read 718 after school and Read 718 remote are our two largest programs, serving a combined 143 students last year, over the course of the academic year we also served 11 children in Read up, 21 students in saturday reading room, 16 children in rising readers, and 12 children in word up. Expanded programming: we are proud of the breadth of programming that we offer to our community and of our responsiveness in creating programs that meet our students where they are in their literacy development. In the past year, in response to our students' needs, we added two new programs: rising readers and word up. Rising readers is a summer program offered to rising 3rd graders who need systematic, sequential phonics instruction; and word up is a summer program designed for 4th and 5th graders who need additional support in word identification and spelling. We served 18 students in those two programs last year.

Who funds Read 718

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Select Equity Group FoundationCelebration Grant$76,800
Heckscher Foundation for ChildrenReading Instruction Program$75,000
Project RedwoodGeneral Support$55,000
...and 25 more grants received totalling $465,315

Financials for Read 718

RevenuesFYE 07/2023
Total grants, contributions, etc.$731,704
Program services$10,187
Investment income and dividends$1,097
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,546
Total revenues$744,534

Organizations like Read 718

OrganizationLocationRevenue
Literacy Now / Making It BetterHouston, TX$2,286,914
Children's Literacy CenterColorado Springs, CO$845,893
Read to SucceedMurfreesboro, TN$230,802
Healthy Cities TutoringSan Carlos, CA$441,564
Sit Stay ReadChicago, IL$449,553
Whiz Kids TutoringDenver, CO$750,972
Everybody Wins VermontMontpelier, VT$340,112
Better BasicsBirmingham, AL$2,560,829
Project Transformation Rio TexasSan Antonio, TX$481,827
Teton Literacy CenterJackson, WY$2,377,718
Data update history
July 5, 2025
Received grants
Identified 7 new grant, including a grant for $76,800 from Select Equity Group Foundation
March 26, 2025
Received grants
Identified 9 new grant, including a grant for $55,000 from Project Redwood
December 17, 2024
Updated personnel
Identified 3 new personnel
October 20, 2024
Received grants
Identified 3 new grant, including a grant for $75,000 from Heckscher Foundation for Children
August 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
SchoolsEducational service providersYouth service charitiesCharities
Issues
EducationChildren
Characteristics
Fundraising eventsState / local levelCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
420 Atlantic Ave
Brooklyn, NY 11217
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Kings County, NY
Website URL
read718.org/ 
Phone
(718) 576-3228
IRS details
EIN
46-4080472
Fiscal year end
July
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B92: Remedial Reading, Reading Encouragement Programs
NAICS code, primary
624110: Child and Youth Services
Parent/child status
Independent
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