Tennessee · Nonprofit
READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE
READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE (Tennessee) receives grants from 7 organizations whose IRS filings report $879,750 to it, the largest being 50CAN INC ($572,000). 3 of them have funded it in more than one year.
Against its field
READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE has grown faster than three-quarters of the 3,681 education nonprofits its size.
this organization peer median middle 50% of peers· 3,681 education nonprofits $10M–$100M, FY2025
Three funders worth looking at
Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.
- Charter Fund Inc D/B/A Charter School Growth Fundshared fundersportfolio match
- GenYOUTH Incorporatedshared fundersportfolio match
- The Broad Centershared funders
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 10% · 2018 13% · 2019 15% · 2020 12% · 2021 21% · 2022 13% · 2023 24% · 2024 22% · 2025 4%. Grants only. Government contracts and fees sit inside program revenue.
6% of READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE’s revenue is contributions — more earned-revenue than three-quarters of its peers (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $0 → $530k.
1 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE’s funders (the co-funder graph). Top 6 of 7 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE leans on a few funders — its largest provides 65% of grant income and the top three 93%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE.
Largest funder’s share by year: 2022 53% · 2023 60% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE draws 93% of its grant income from funders outside Tennessee, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $18k arriving through sponsors registered in 1 stateis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Funders to approach
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 7 funders put you under-funded among the 400 organizations that share them.
- Charter Fund Inc D/B/A Charter School Growth Fundshared fundersportfolio matchCO · backs 38 organizations that share your funders · its grantees resemble your mission
- GenYOUTH Incorporatedshared fundersportfolio matchIL · backs 59 organizations that share your funders · its grantees resemble your mission
- The Broad Centershared fundersCA · backs 19 organizations that share your funders
- Toshiba America Foundationportfolio matchits grantees resemble your mission
- Louis Calder Foundationportfolio matchits grantees resemble your mission
- Whirlpool Collective Impact Fundportfolio matchits grantees resemble your mission
- Building Hope Impact Fund Incportfolio matchits grantees resemble your mission
- The Mr Holland's Opus Foundationportfolio matchits grantees resemble your mission
- State Charter Schools Foundation of Georgia Incportfolio matchits grantees resemble your mission
- Next Gen Personal Financeportfolio matchits grantees resemble your mission
- The Center for Education Reformportfolio matchits grantees resemble your mission
- Memphis Center City Development CorporationlocalTN · funds 110 organizations near you
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Organizations like READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Tennessee
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
69% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE?
- READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE (Tennessee) receives grants from 7 organizations whose IRS filings report $879,750 to it, the largest being 50CAN INC ($572,000). 3 of them have funded it in more than one year.
- How many funders does READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE have?
- IRS filings report 7 organizations giving $879,750 in grants to READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE, 3 of which have funded it in more than one year.
- Who is the largest funder of READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE?
- 50CAN INC is the largest funder on record, with $572,000 in grants. The full list of funders is on this page.
- How can an organization like READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing