CSCharityScored
88

Read Foundation

Education · Cordova, Tennessee

8364 Macon Rd, Cordova, TN 38018-8554

EIN: 943487601· Founded: Dec 2009· 17 years active· Filing Year: 2023

Annual Revenue

$20.1M

Total Expenses

$19.5M

Total Assets

$32.1M

Program Spending

79%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$119K

0.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$9.3M

Total Payroll

$9.4M

48% of total expenses

Where the Money Goes

79%
Programs: 79%
Payroll: 48%
Other overhead: 21%
Program Revenue$15.3M (76%)
Total Expenses$19.5M (97%)
Payroll$9.4M (48%)
Overhead (non-program)21%

Trust Score Breakdown

Program Spending Ratio

79% of expenses go to programs

40%

Revenue & Stability

$20.1M annual revenue

15%

Executive Compensation

$119K total officer comp (0.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$32.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.