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.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in New York.
- Base
- $246k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $191k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Di 75th to 90th percentile | $246k | — | — | — | $276k $309k |
Chief Strate Officer (Unspecified) | $191k | — | — | — | $214k $241k |
Snr Director Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $124k $139k |
Director of Highest Compensated Employee Below 10th percentile | — | — | — | — | $110k $124k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 20 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at READ ALLIANCE INC equaled 6% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 12%
from 2022
From $245k in 2022 to $276k in 2023.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 12% from 2022 to 2023, while revenue rose 28%.
- Highest Compensated Employee pay rose 5% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about READ ALLIANCE INC
What does the Chief Executive Officer of READ ALLIANCE INC earn?
In 2023, the Chief Executive Officer of READ ALLIANCE INC received $275,527 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at READ ALLIANCE INC compare with similar nonprofits?
Compared with the same role at Education organizations in New York, the 2023 pay of the Chief Executive Officer at READ ALLIANCE INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at READ ALLIANCE INC equaled 6% of the organization's total expenses. The median for education organizations is 7%.
What are READ ALLIANCE INC's revenue and expenses?
In 2023, READ ALLIANCE INC reported $5M in total revenue and $4.4M in total expenses on its IRS Form 990.
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