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Reading And Math Inc

Ampact

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472306902 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Reading And Math Inc?

Reading and Math Inc, also known as AMPACT, is a Minneapolis, Minnesota-based nonprofit organization focusing on education and national service. They operate two high-impact tutoring programs, Reading Corps and Math Corps, which employ AmeriCorps members to deliver evidence-based literacy and math interventions to students in pre-kindergarten through 8th grade. These programs have proven to significantly improve students' reading and math proficiency, surpassing the progress of their peers without tutoring. With a mission to transform lives and engage people in national service, Reading and Math Inc aims to address critical gaps in educational achievement and other emerging social issues through replicating and expanding evidence-based programs. The organizationboasts an impressive workforce of 3219 employees and reached 42,959 students across 14 states during the 2021-22 program year.


Official website here: www.ampact.us

Is Reading And Math Inc legitimate?

Reading And Math Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reading And Math Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $252,633
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,695,977

For more financial information, click here


Official website here: www.ampact.us

What is the mission statement of Reading And Math Inc?

Reading and Math Inc is committed to transforming lives by focusing on replicating and expanding evidence-based programs to address critical gaps in educational achievement and other emerging social issues. The organization's mission is to make a difference by engaging people in national service. Their high-dosage tutoring programs, Reading Corps and Math Corps, are designed to help students develop proficiency in reading and math by training AmeriCorps members to deliver evidence-based interventions to students in pre-kindergarten to 8th grade. The rigorous, third-party research shows that students who receive tutoring from these programs make greater gains and faster progress compared to their peers. Cost-effective and scalable, Reading and Math Inc served 42,959 students across 14 states during the 2021-22 program year.


Official website here: www.ampact.us

Who is the CEO of Reading And Math Inc?

Sadie O'Connor is the Board Chair of Reading And Math Inc.


Official website here: www.ampact.us

What is the revenue of Reading And Math Inc?

Reading And Math Inc's revenue in 2022 was $50,180,193.


Official website here: www.ampact.us

Who are the executives of Reading And Math Inc and what are their salaries?

The average compensation at Reading And Math Inc during 2022 was $3,712. There are 3,219 employees and 2,649 volunteers at Reading And Math Inc.

Here are 11 key members and their salaries:

    Sadie O'Connor (Managing Director)
  • Compensation: $119,148
  • Related: $0
  • Other: $12,017

    • Valerie Mccullough (Coo)
  • Compensation: $110,631
  • Related: $0
  • Other: $10,038

    • Len Roering (Controller)
  • Compensation: $87,537
  • Related: $0
  • Other: $27,291

    • Bob Rumpza (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Plahn (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Beth Brody (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Kurth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Mckoskey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Gibbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monte Amundson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ampact.us

    Where can I find the form 990 for Reading And Math Inc?

    The Reading And Math Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ampact.us

    Learn more at the official website: www.ampact.us

    Mission Statement of Reading And Math Inc

    Reading and Math Inc, a renowned nonprofit organization, is dedicated to transforming lives and engaging people in national service. With a focus on addressing critical gaps in educational achievement and economic opportunity, the mission of this esteemed institution is to replicate and expand evidence-based programs.

    The heart of Reading and Math Inc's work lies in its high-dosage tutoring programs, Reading Corps and Math Corps. These programs, designed to help students develop proficiency in reading and mathematics, are delivered by AmeriCorps members. Through rigorous evidence-based interventions, these members support students in pre-kindergarten to 8th grade.

    Third-party research testifies to the effectiveness of Reading Corps and Math Corps. Students who receive tutoring from these programs make greater gains and progress faster than their peers who do not receive tutoring. This cost-effective and scalable approach served over 42,959 students in 14 states during the 2021-22 program year.

    In summary, Reading and Math Inc is a transformative force in the lives of students. By focusing on evidence-based programs and engaging AmeriCorps members, the organization addresses critical gaps in educational achievement and economic opportunity. Through the high-dosage tutoring programs, Reading Corps and Math Corps, it empowers students to make significant strides in their academic journey.

    Impact

    This information is meant to be a general summary of Reading And Math Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Reading And Math Inc's impact can be seen in the transformation of lives through their high-dosage tutoring programs, Reading Corps and Math Corps. These programs have been specifically designed to help students improve their reading and math proficiency from pre-kindergarten to 8th grade. Rigorous third-party research has confirmed that students who benefit from tutoring through Reading Corps or Math Corps show greater gains and progress compared to those who do not receive such support.

    During the 2021-22 program year, Reading And Math Inc's programs reached 42,959 students across 14 states, demonstrating their cost-effectiveness and scalability. By engaging AmeriCorps members to deliver evidence-based literacy and math interventions, this organization is effectively addressing critical gaps in educational achievement. Their mission to replicate and expand these programs not only enhances educational outcomes but also contributes to broader issues such as economic opportunity and social development.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,212
  • Program Service Revenue: $1,490,729
  • Gross Receipts: $50,180,193

    • Assets and Liabilities:
  • Total Assets: $4,709,118
  • Total Liabilities: $1,596,675
  • Net Assets: $3,112,443
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LICENSE FEES

    Revenue

    $841,381

    SITE AND TRAINING FEES

    Revenue

    $649,348

    Organization Details

    Founding Year

    2014

    Principal Officer

    Sadie O'Connor

    Main Address

    1200 S WASHINGTON AVE 310, MINNEAPOLIS, MN, 55415

    NTEE Category

    Code: B92 - Education

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