Diseases & Disorders
(G86Z)
IRS Verified
DX Registered
990 on File
SPECIALIZED LANGUAGE DEVELOPMENT CENTER
Financial strength (30%)
68/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
SLD Read is a non-profit community resource serving West Michigan. Our vision is a community working together for literacy that empowers all individuals to achieve their full potential. To reach this vision, we help individuals with dyslexia, learning differences, and other reading challenges to develop lifelong language skills through our multisensory program. We assist educators to identify learning challenges and provide training and techniques to enhance their reading curriculum. We increase community awareness and understanding of literacy issues.
Financial Overview — FY 2024
$845K
Total Revenue
$907K
Total Expenses
$72K
Net Assets
103
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
66.5%
Fundraising Efficiency
N/A
Operating Reserve
0.96x
Liability-to-Asset
76.1%
Revenue Diversification
55.7%
Executive Compensation
$159K
Compared with Peers
FY 2024
Compared with 1,541 similar organizations
(United States, Diseases & Disorders, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
66.5% | 83.1% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
22.6% | 10.9% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.9% | 0.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.0 mo | 12.0 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
76.1% | 0.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
55.7% | 93.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
16.4% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-9.6% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.3% | 1.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $845K | $907K | $72K | 66.5% | 103 |
| 2023 | $726K | $1.0M | $135K | 71.2% | 103 |
| 2022 | $736K | $915K | $413K | 67.4% | 90 |
| 2021 | $1.0M | $802K | N/A | — | 112 |
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