Reading in Motion
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Reading in Motion does not meet the following 3 Standards for Charity Accountability:
Standard 3 (Frequency and Attendance of Board Meetings)
An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.
The charity does not meet this Standard because:
Organization did not respond to BBB's request for more recent board meeting dates.
Standard 11 (Financial Statements)
Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $1 million, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $1 million, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.
The charity does not meet this Standard because:
Organization did not respond to BBB's request for more recent financial statements.
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
The charity does not meet this Standard because:
Organization's annual report is missing the ending net assets figure as well as a roster of board members with officers indicated.
Reading in Motion meets the remaining 17 Standards for Charity Accountability.
Stated Purpose:
Our goal is to get every student reading at grade level or above during their early years, especially students who need greater support due to their circumstances.
Year, State Incorporated:
1983, IL
RIM Aspire is a world-class reading program for at-risk children. This program uses arts-based activities that are physical, kinesthetic and imaginative to address key reading skills. During the year ended June 30, 2022, 3,750 pre-kindergarten, kindergarten, 1st grade, and 2nd grade students benefited from this program. In 2021, 4,525 pre-kindergarten, kindergarten and 1st grade students benefited from this program. Benchmarks includes the extra dosage component, which provides well-trained extra dosage instructors in first grade classrooms to provide additional small group instruction, at the same time the teacher is doing small group instruction in the same room.
For the year ended June 30, 2022, Reading in Motion's program expenses were:
| Benchmarks | $319,834 |
| Research and Development | $125,835 |
| Spanish | $71,526 |
| Total Program Expenses | $517,195 |
Chief Executive
Gabriel Gonzalez, Executive Director
Chair of the Board
Jill Fraggos
Chair's Profession / Business Affiliation
Lurie Children’s Hospital
Board Size
11
Method(s) Used:
Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Reading in Motion's audited financial statements for the year ended June 30, 2022.
Source of Funds
| Foundation grants | $510,465 |
| PPP Loan Forgiveness | $264,800 |
| Program services | $207,990 |
| Individual and board contributions | $187,950 |
| Grants | $25,950 |
| Corporate grants | $16,000 |
| Special events, net | $3,563 |
| Total Income | $1,216,718 |
Programs: 62% Fundraising: 19% Administrative: 20%
| Total Income | $1,216,718 |
| Total expenses: | $840,842 |
| Program expenses | $517,195 |
| Fundraising expenses | $157,851 |
| Administrative expenses | $165,796 |
| Other expenses | $0 |
| Income in Excess of Expenses | $375,876 |
| Beginning Net Assets | $171,662 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $547,538 |
| Total Liabilities | $57,000 |
| Total Assets | $604,538 |
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