Sit Stay Read Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO ADVANCE CHILDREN'S LITERACY SKILLS USING AN ENGAGING CURRICULUM, CERTIFIED DOGS, AND DEDICATED VOLUNTEERS.
- Income
- $429,365
- Spending
- $497,155
- Spent on programs
- 56%
- Reserves
- 0.6 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 9
- Volunteers
- 75
- Highest pay
- $148,186, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 32 out of 100. Higher than 5% of charities in its peer group (education, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.6 months of spending.
Debt
5 of 20It owes 54% of what it owns.
Living within its means
0 of 15Spending exceeded income by 16% of income.
Income trend
15 of 15Income rose 0% on the year before.
Spending floor
8 of 1556% of spending went to programs and raising each dollar of donations cost 21 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 96% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $279,447 spent. THE PROGRAM PROVIDES LITERACY SERVICES TO CHILDREN FROM LOW-INCOME HOUSEHOLDS IN CHICAGO PUBLIC SCHOOLS AT NO COST TO THE PARENTS OR SCHOOLS. THE MISSION IS TO ADVANCE CHILDREN'S LITERACY SKILLS USING AN ENGAGING CURRICULUM, CERTIFIED DOGS, AND DEDICATED VOLUNTEERS. DURING 2022-23, SITSTAYREAD'S 20TH YEAR, WITH THE HELP OF 75 HUMAN AND 25 CANINE VOLUNTEERS, SITSTAY READ SERVED 1,847 STUDENTS IN 116 CLASSROOMS ACROSS 18 CHICAGO PUBLIC SCHOOLS USING THREE DIFFERENT REMOTE LEARNING PROGRAMS DEVELOPED FOR STUDENTS IN KINDERGARTEN THROUGH THIRD GRADE. IN ADDITION TO THE REMOTE LEARNING CURRICULUM, SITSTAYREAD PROVIDED MORE THAN 20,000 BOOKS TO STUDENTS DURING THEIR PANDEMIC LEARNING YEAR. DOGS ENABLE THE ORGANIZATION TO TACKLE THE SERIOUS ISSUE OF CHILDHOOD LITERACY IN A FUN AND ENGAGING WAY. SSR'S DEFINING CHARACTERISTIC IS INCORPORATING THE THERAPEUTIC BENEFIT OF DOGS IN THE CLASSROOM. STUDENTS WHO READ OUT LOUD TO A DOG ARE LESS LIKELY TO FEEL WORRIED ABOUT MAKING MISTAKES, WHICH HELPS THEM BECOME MORE CONFIDENT READERS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.