Website
Ratings & Metrics
Financial Documents
| Entity | Document Type | Tax ID |
|---|---|---|
| Reach Out and Read, Inc. | IRS Form 990 | 04-3481253 |
| Reach Out and Read, Inc. | Audited Financial Statements | 04-3481253 |
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Entity: Reach Out and Read, Inc. Document Type: IRS Form 990 Tax ID: 04-3481253 |
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Entity: Reach Out and Read, Inc. Document Type: Audited Financial Statements Tax ID: 04-3481253 |
Governance & Transparency
Top Salaries
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Brian Gallagher | President/CEO | $215,314 |
| 2 | Diane Malcolmson | Chief Development Officer | $197,979 |
| 3 | Callee Boulware | Regional Executive Director | $186,277 |
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1 Name: Brian Gallagher Title: President/CEO Compensation: $215,314 |
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2 Name: Diane Malcolmson Title: Chief Development Officer Compensation: $197,979 |
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3 Name: Callee Boulware Title: Regional Executive Director Compensation: $186,277 |
Analysts' Notes
According to the Reach Out and Read, Inc. (ROR) audit of June 30, 2019 (Note 3, Donated Goods and Services), ROR received donated goods and services in fiscal 2019 on which it placed a total value of $2,722,567, including $2,695,953 in "Books and literacy materials." [Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.] |
According to the Reach Out and Read, Inc. audit of June 30, 2019 (Note 8, Related Party Transactions): "The Organization maintains a written conflict of interest policy under which all Directors, Officers, employees and significant consultants provide specific notice to the Organization. The information requested is specific by class of individual and is requested prior to the engagement in any transaction with the Organization. Management is not aware of any transaction occurring with any identified class during the fiscal year without prior full disclosure of the relationship in accordance with this policy. All compensation rates are approved by independent board members and/or determined by the same policy and processes used to determine rates of compensation for all other employees and/or vendors. All identified transactions received heightened Board of Directors scrutiny in accordance with this policy. "The following transactions were processed in accordance with the Organization's conflict of interest policy: – a Board member holds a significant position with a major vendor that provides the Organization both donated and purchased books for distribution in their programs, and; According to the Reach Out and Read, Inc. (ROR) tax filing for the fiscal year ended June 30, 2019, ROR reports a Business Transaction Involving Interested Persons in the amount of $1,052,033 involving Board member, Jessie Lyons, with a relationship of "VP at Scholastic Books;" the transaction is described as: "Purchase of books from Scholastic Books" [also referenced in the audit note cited above] (IRS Form 990, Schedule L, Parts IV & V). |
According to the Reach Out and Read, Inc. audit of June 30, 2019 (Note 5(a), Commitments and Contingencies, Insperity): "The Organization has a co-employee relationship with Insperity, whereby all employees are compensated by Insperity. The Organization pays Insperity for 100% of gross salaries, as well as 25.35% of gross salaries for taxes, benefits and related fees... "The total salaries, fringe benefits and administrative service fees paid under this agreement were $5,040,324 for the year ended June 30, 2019." |