Nonprofit screen
Screen a listReadwest Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$186krevenue
FY2025 · −24% in 3 yrs3staff
7 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−15.2%
Months of reserve8.1mo
Revenue growth (annualized)+7.8%
Middle half of peersMedianReadwest
Where the money goes FY2025 · $214k spent
Programs$196k92%Management and general$14k6%Fundraising$4k2%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$4k in FY2024 and −$28k in FY2025. Cash covers 8.1 months, above the peer median of 6.7.
990 Part I and balance sheetIn its favor2
Growing faster than peers
Revenue up 8% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 4 of its 6 returns, 63% of revenue in FY2025.
990 Part VIII5funders
$5ka year, last 3 years
95%from its largest funder
Funder’17’18’19’20’21’22’23New Mexico Coalition for LiteracyStopped after FY2020$30k$30k$25k$28k–The Paul Kehrer Family FoundationOn and off$10k$4kDollar General Literacy FoundationOn and off$5k$5kLumen Clarke M Williams FoundationOn and off$96Donor-advised giftsDonors not disclosed$166$225$258$232
FundedThrough a donor-advised fundStopped