EIN 13-3593812

ReadWorks

IRS 501(c) type
501(c)(3)
Num. employees
19
Year formed
1990
Most recent tax filings
2022-08-01
Description
ReadWorks is an education-technology non-profit that focuses on improving reading comprehension. Through its digital platform, it provides research-based content, curricular supports, and other features that integrate with core English Language Arts (ELA) curricula. The company continues to grow and improve its product to impact millions of users based on data, learning science, and a deep understanding and empathy for the practical realities faced by teachers and students in classrooms today. ReadWorks is located in Brooklyn, NY.
Also known as...
Urban Education Exchange
Total revenues
$1,891,149
2022
Total expenses
$2,618,134
2022
Total assets
$1,139,705
2022
Num. employees
19
2022

Program areas at ReadWorks

ReadWorkscontinues to focus on growing and improving our product to impact the millions of users we serve, based on data, learning science, and a deep understanding and empathy for the practical realities faced by teachers and students in classrooms today. We haveexpanded our content and curriculum offering significantly, adding new articles to our library, spanning diverse topics and interests. These texts include new content from our new and existing partners and are aligned with our diversity, equity, and inclusion goals.In 2022, we released one of our most requested features from educatorsa new single sign-on integration with Clever, one of the most widely used single sign-on portals in K-12 education that streamlines implementation with secure accounts, data management, and easy classroom access. Like our Google Classroom integration, our integration with Clever is another way to make using ReadWorks in the classroom easier for teachers. In our 2021 National Survey, 46%of respondents reported using Cleverin their classrooms. ReadWorks is also now featured inthe Clever Library.In Spring 2022, ReadWorks launched Book Studies to deliver curated content that directly integrates with the most widely-taught ELA books nationwide, simplifying the planning process for educators and giving them back the critical time needed to further support their students.Each Book Study text set is based on the research-supported Article-A-Day routine and includes seven+ passages with question sets to seamlessly build background knowledge, grow vocabularies, and strengthen strategic reading for students.In the 2021-2022 school year, ReadWorks welcomed two new Board members, Gina Cervetti and Karim (Kam) Moolani. Cervetti worked as an assistant professor at the University of Colorado, Boulder for three years. She is now an Associate Professor of Literacy, Language, and Culture at the University of Michigan School of Education, where her research focuses on the interface of literacy and content-area learning. Moolani is currently a Managing Director at Silver Point Capital in Connecticut. He has served on the New York Metro Advisory Board at the Network for Teaching Entrepreneurship (NFTE)a nonprofit providing educational programs for middle school, high school, college students, and adultssince 2014.ReadWorks is proud to have partnered with cultural institutions like the International Quilt Museum, the Gilder Lehrman Institute of American History, the National Fish and Wildlife Foundation, the Philadelphia Museum of Art, the New-York Historical Society, the American Museum of Natural History, and more. As we continue serving students and educators, we look forward to partnering with more prestigious institutions and growing our portfolio of partners to provide even more ofthe high-quality, nonfiction texts for which we are known.Our 2022 annual report can be found herehttpsaboutreadworksorguploads...

Who funds ReadWorks

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustEducation$434,500
Tsunami FoundationCharitable Contribution - Help Educators Meet the Nationwide Crisis in Reading Comprehension Through Research Based, Classroom Proven Practices.$125,000
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$105,500
...and 26 more grants received totalling $1,298,404

Personnel at ReadWorks

NameTitleCompensation
Terry BowmanExecutive Director$226,000
Kathy BloomfieldDirector of Operations / Interim E.d. / Interim Ed / Interim Ed / Interim Ed / Interim Ed / Director Teach Eng Com$169,802
Jeffrey FleishhackerHead of Product$110,000
Justin PaganoSenior Director of Engr. / Senior Software Engineer$150,086
Cameron SwaimUi and Ux Software Eng$143,475
...and 3 more key personnel

Financials for ReadWorks

RevenuesFYE 08/2022
Total grants, contributions, etc.$1,731,169
Program services$148,012
Investment income and dividends$5,154
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$6,814
Total revenues$1,891,149

Form 990s for ReadWorks

Fiscal year endingDate received by IRSFormPDF link
2021-082022-07-07990View PDF
2020-082021-06-30990View PDF
2019-082020-12-21990View PDF
2018-082019-10-12990View PDF
2017-082018-10-16990View PDF
...and 7 more Form 990s

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Data update history
August 19, 2023
Received grants
Identified 20 new grant, including a grant for $125,000 from Tsunami Foundation
August 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 26, 2023
Updated personnel
Identified 3 new personnel
May 11, 2023
Received grants
Identified 3 new grant, including a grant for $100,000 from Carson Family Charitable Trust
August 12, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Business and community development organizationsSchoolsEducational service providersResearch centersCharities
Issues
Science and technologyEducation
Characteristics
Conducts researchEndowed supportTax deductible donations
General information
Address
68 Jay St 426
Brooklyn, NY 11201
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
readworks.org/ 
Phone
(718) 596-4292
IRS details
EIN
13-3593812
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B92: Remedial Reading, Reading Encouragement Programs
NAICS code, primary
5112: Software Publishers
Parent/child status
Independent
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