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Florida · Nonprofit

READING EDGE ACADEMY INC

READING EDGE ACADEMY INC (Florida) receives grants from 2 organizations whose IRS filings report $3,311 to it, the largest being DUKE ENERGY FOUNDATION ($2,811). 1 of them have funded it in more than one year.

Revenue FY2025
$5.1M
Funders on record
2
Grants received
$3k
Net assets
$4.2M
1/2 repeat funderspeak grant-dependency 0%
01What it does

What Reading Edge Academy Inc does

Mission

The school is a not for profit public charter elementary school that emphasizes reading education.

As stated on its FY2025 Form 990.

Program

  1. Reading edge served over 450 students in two locations during the school year.

    $4,195,897 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $4,195,897.

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 ($4.7M) Expenses 100 ($4.3M) Net assets 100 ($4.6M)2019 Revenue 97 ($4.5M) Expenses 103 ($4.5M) Net assets 102 ($4.6M)2020 Revenue 88 ($4.1M) Expenses 99 ($4.3M) Net assets 97 ($4.4M)2021 Revenue 93 ($4.3M) Expenses 103 ($4.5M) Net assets 94 ($4.3M)2022 Revenue 104 ($4.8M) Expenses 110 ($4.8M) Net assets 96 ($4.4M)2023 Revenue 93 ($4.3M) Expenses 112 ($4.9M) Net assets 84 ($3.8M)2024 Revenue 114 ($5.3M) Expenses 116 ($5.0M) Net assets 89 ($4.1M)2025 Revenue 109 ($5.1M) Expenses 115 ($5.0M) Net assets 91 ($4.2M)
'18'19'20'21'22'23'24'25
Revenue (109)Expenses (115)Net assets (91)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 2022 to 2023, from $6.2M to $5.5M (−12%).

$6.8M
$6.8M
$6.4M
$6.2M
$6.2M
$5.5M
$5.6M
$5.6M
'18'19'20'21'22'23'24'25
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 88% · 2019 89% · 2020 91% · 2021 91% · 2022 90% · 2023 88% · 2024 88% · 2025 90%. Grants only. Government contracts and fees sit inside program revenue.

91% of READING EDGE ACADEMY INC’s revenue is contributions — more donation-reliant than the typical peer (72% for the typical peer).

This organization
Typical peer · 636 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$325k
’18
$74k
’19
−$207k
’20
−$127k
’21
$58k
’22
−$551k
’23
$264k
’24
$91k
’25
2.1
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.

Board chair

Yvette Williams

Chair

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed57655475
Joined·+3+0+1+0+3+7+0
No longer listed·1120442
03Who funds it

Who funds it, year by year

2018 → 2022: the base held at 1 funder, grant income fell $500 → $125.

Funder
'18
'20
'21
'22
total
funders
1
1
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% 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 READING EDGE ACADEMY INC’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

READING EDGE ACADEMY INC leans on a few funders — its largest provides 85% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

85%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2020 100% · 2021 100% · 2022 100% — broadly stable.

“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

READING EDGE ACADEMY INC draws 100% of its grant income from funders outside Florida, across 1 state in all.

NC

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

’20
’21
’22
Florida out of state home

Funder states come from each funder’s own filing. $500 arriving through sponsors registered in 1 state 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

READING EDGE ACADEMY INC receives grants from 2 organizations whose IRS filings report $3k to it.

Operating margin2% · below the median
Months of reserve2.1mo · below the median
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 369 unclassified nonprofits $1M–$10M, FY2025

Government funding READING EDGE ACADEMY INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $795k on record.

State$795k
19
20
21
22
23
24
25
Top programs
  • FEDERAL FINANCIAL ASSISTANCE - GENERAL $788k
  • AID TO OTHERS - GENERAL $8k
  • REFUNDS - GENERAL $81
  • FEES - GENERAL - COMMODITIES $16

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like READING EDGE ACADEMY INC

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 Florida

Nationally

05Profile & governance

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

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

4
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

FL

Screen this organization

A dated, signed PDF of the compliance screen for READING EDGE ACADEMY INC: 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 READING EDGE ACADEMY INC?
READING EDGE ACADEMY INC (Florida) receives grants from 2 organizations whose IRS filings report $3,311 to it, the largest being DUKE ENERGY FOUNDATION ($2,811). 1 of them have funded it in more than one year.
How many funders does READING EDGE ACADEMY INC have?
IRS filings report 2 organizations giving $3,311 in grants to READING EDGE ACADEMY INC, 1 of which have funded it in more than one year.
Who is the largest funder of READING EDGE ACADEMY INC?
DUKE ENERGY FOUNDATION is the largest funder on record, with $2,811 in grants. The full list of funders is on this page.
How can an organization like READING EDGE ACADEMY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. 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 Reading Edge Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 2 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 14, 2026. What this page cannot tell you · view filing