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Tennessee · Nonprofit

READ TO SUCCEED

READ TO SUCCEED (Tennessee) receives grants from 20 organizations whose IRS filings report $877,656 to it, the largest being JENNINGS & REBECCA JONES FOUNDATION INC ($266,000). 12 of them have funded it in more than one year.

Revenue FY2026
$298k
Funders on record
20
Grants received
$878k
Net assets
$87k
12/20 repeat funderspeak grant-dependency 53%
01What it does

What Read to Succeed does

Mission

To improve lives in rutherford county for adults and children by offering free literacy programs and events.

As stated on its FY2026 Form 990.

Programs

  1. Adult literacy one-on-one program works with anyone 18 years or older on any literacy goal they want to work on. Many of our learners are working towards a ged/hi-set, but other learners are working on financial literacy, writing skills, interviewing and resume writing, driver's license and military testing, etc. During the year ending june 30, 2026, we trained over 542 learners in our adult literacy one-on-one program.

    $49,337 spent
    30% of program spending
  2. English as a second language program served over 518 students during the year ending june 30, 2026. These students work to improve reading, writing and speaking english. Three different levels of instruction were available to students during the year ending june 30, 2026, teaching over 27 different languages. Day and evening classes were provided.

    $49,232 spent
    30% of program spending
  3. Youth & family literacy programming is held in murfreesboro city and rutherford county title 1 schools and this program is a partnership with middle tennessee state university, lipscomb and trevecca's education department. The knowledge sharing with students during these programs allows them to get back on grade level and provides their parents with strategies that they can use at home. The parents are also given the opportunity to sign up for our adult literacy programs during these events.family literacy also has a program for pre-school students to prepare them to be kindergarten ready. Our imagination stations are held in low-income areas and again the children and parents learn about the importance of reading. At all of our family literacy events, the children go home with the book that was studied. For middle and high school students we have started adult book clubs where students read contemporary young adult fiction with themes that students today find relatable to their own experiences. Students facilitate the discussions around plot, character and life. This program fosters a sense of community and a shared experience for the students.

    $65,889 spent
    40% of program spending

The 3 programs described on its FY2026 Form 990, listed largest first by expense. Program spending in total: $164,458.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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.

100 = 20182018 Revenue 100 ($216k) Expenses 100 ($224k) Net assets 100 ($35k)2019 Revenue 113 ($244k) Expenses 97 ($217k) Net assets 178 ($62k)2020 Revenue 89 ($192k) Expenses 96 ($214k) Net assets 116 ($41k)2021 Revenue 102 ($220k) Expenses 86 ($193k) Net assets 192 ($67k)2022 Revenue 100 ($215k) Expenses 89 ($199k) Net assets 236 ($83k)2023 Revenue 109 ($235k) Expenses 95 ($213k) Net assets 301 ($106k)2024 Revenue 107 ($231k) Expenses 99 ($223k) Net assets 324 ($114k)2025 Revenue 90 ($195k) Expenses 118 ($263k) Net assets 129 ($46k)2026 Revenue 138 ($298k) Expenses 115 ($257k) Net assets 246 ($87k)
'18'19'20'21'22'23'24'25'26
Revenue (138)Expenses (115)Net assets (246)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $114k to $46k (−60%).

$83k
$95k
$77k
$70k
$86k
$106k
$114k
$46k
$87k
'18'19'20'21'22'23'24'25'26
Total assetsTotal liabilities

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.

2018
2019
2020
2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 7% · 2019 7% · 2020 9% · 2021 21% · 2022 8% · 2023 7% · 2024 7% · 2025 8% · 2026 5%. Grants only. Government contracts and fees sit inside program revenue.

100% of READ TO SUCCEED’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 25,057 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$8k
’18
$27k
’19
−$22k
’20
$27k
’21
$16k
’22
$23k
’23
$8k
’24
−$68k
’25
$41k
’26
4.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jolene Radnoti

Executive director

As listed on its FY2026 Form 990.

'18'19'20'21'22'23'24'25'26
Listed121111131414131514
Joined·+0+5+5+5+0+2+4+6
No longer listed·15340327
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 8 funders, grant income rose $85k → $120k.

4 of 20 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% 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 TO SUCCEED’s funders (the co-funder graph). 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 TO SUCCEED leans on a few funders — its largest provides 30% of grant income and the top three 80%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

63% 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 TO SUCCEED.

30%
largest funder
80%
top three
~4
effective funders

Largest funder’s share by year: 2017 35% · 2018 33% · 2019 33% · 2020 37% · 2021 32% · 2022 36% · 2023 37% — 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.

How long its funders stay

50% of READ TO SUCCEED's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of READ TO SUCCEED's grant income comes from Tennessee funders.

IL
NJ
RI
MO
TN

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Tennessee out of state home

Funder states come from each funder’s own filing. $46k arriving through sponsors registered in 3 states is 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.

04Its place in the field

Against its field

READ TO SUCCEED runs a healthier operating margin than half of the 1,238 education nonprofits its size.

Operating margin14% · above the median
Months of reserve4.0mo · below the median
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 1,238 education nonprofits $100k–$1M, FY2026

Organizations like READ TO SUCCEED

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

64% of spending goes to programs.

Program 64%Management 23%Fundraising 13%

Governance

14
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

81%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

TN

Screen this organization

A dated, signed PDF of the compliance screen for READ TO SUCCEED: 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.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds READ TO SUCCEED?
READ TO SUCCEED (Tennessee) receives grants from 20 organizations whose IRS filings report $877,656 to it, the largest being JENNINGS & REBECCA JONES FOUNDATION INC ($266,000). 12 of them have funded it in more than one year.
How many funders does READ TO SUCCEED have?
IRS filings report 20 organizations giving $877,656 in grants to READ TO SUCCEED, 12 of which have funded it in more than one year.
Who is the largest funder of READ TO SUCCEED?
JENNINGS & REBECCA JONES FOUNDATION INC is the largest funder on record, with $266,000 in grants. The full list of funders is on this page.
How can an organization like READ TO SUCCEED 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.

Play a game about who funds Read to Succeed →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2018–2026), and the filings of 20 funders 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 October 22, 2026. What this page cannot tell you · view filing