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Filing year 2023

READING POWER INC

Lake Forest, Illinois·EIN 20-2916846·NTEE O50 · Youth Development·501(c)(3)
Total revenue
$1.9M
Total assets
$1.4M
Total expenses
$1.6M
Reported officers
21
Mission

READING POWER, INC IS A NOT FOR PROFIT LITERACY TUTORING PROGRAM SERVING LOW-ACHIEVING CHILDREN ATTENDING ELEMENTARY SCHOOLS. THEIR MISSION IS TO ACCELERATE CHILDREN'S LITERACY LEARNING AND TO DEVELOP IN THEM A LOVE OF READING AND WRITING. THIS GOAL IS ACCOMPLISHED THROUGH AN INDEPENDENT TUTORING PROGRAM WORKING IN PARTNERSHIP WITH THE SCHOOLS. THE BELIEF IS THAT ALL CHILDREN DESERVE TO REACH THEIR ACADEMIC POTENTIAL.

Reported officers (all unpaid)

No paid executives reported in 2023. READING POWER INC reported 21 unpaid officers and board members on its 990.

Director
Secretary
Director
Vice Chair
Director
Director
Director
Director
Director
Chariman
Director
Director
Director
Director
Director
Director
Director
Director
Director
Treasurer
Director

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

READING POWER INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$1.4M
2022
$1.9M
$1.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Youth Development executives earn in Illinois

READING POWER INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable youth development organization in Illinois earns a median of $64,211.

25th percentile
$21k
Median
$64,211
75th percentile
$120k
90th percentile
$180k

These are youth development sector-wide figures, not this organization's reported pay. Based on 199 organizations across 199 filings (2021 – 2024).

See full Youth Development pay data for Illinois
FAQ

Common questions about READING POWER INC

What are READING POWER INC's revenue and expenses?

In 2023, READING POWER INC reported $1.9M in total revenue and $1.6M in total expenses on its IRS Form 990.

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