CHILDRENS DYSLEXIA CENTERS INC Charity Report

Public IRS 990 nonprofit record

CHILDRENS DYSLEXIA CENTERS INC

EIN 04-3169620 · Philanthropy, Voluntarism & Grantmaking Foundations (T99Z)

What they do

to PROVIDE PROFESSIONAL EVALUATION and APPROPRIATE INSTRUCTION for CHILDREN WITH DYSLEXIA, to INCREASE PUBLIC AWARENESS of DYSLEXIA, and to PROMOTE EFFECTIVE LEARNING OPTIONS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders61 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

70.52%of revenue went to mission work88.2% of expenses · Program services

1.84%of revenue went to fundraising2.3% of expenses

$79.98spent for every $100 of revenueRevenue covered expenses this year.

7.62%of revenue went to management and office costs9.5% of expenses

$10.41in assets for every $1 spent this yearSome assets cannot be spent right away.

63.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $222,036 for SHARKIS DAVIS L (FORMER EXECU). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$9,125,382

Mission workProgram services$6,434,96770.52% of revenue88.2% of expenses

ManagementOffice and general costs$695,7057.62% of revenue9.5% of expenses

FundraisingAsking for donations$168,0891.84% of revenue2.3% of expenses

Revenue left after expensesReported annual surplus$1,826,62120.02% of revenueShown in gray on the chart

Total expenses$7,298,76179.98% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 88.2% mission · 9.5% management · 2.3% fundraisingTotal expenses: 79.98% of revenue

2023Expense mix: 87.5% mission · 10.2% management · 2.3% fundraisingTotal expenses: 106.58% of revenue

2022Expense mix: 89.6% mission · 8.2% management · 2.2% fundraisingTotal expenses: 350.27% of revenue

2021Expense mix: 89.2% mission · 8.6% management · 2.3% fundraisingTotal expenses: 87.43% of revenue

2020Expense mix: 82.8% mission · 11.6% management · 5.5% fundraisingTotal expenses: 44.61% of revenue

2019Expense mix: 86.2% mission · 9.1% management · 4.7% fundraisingTotal expenses: 123.60% of revenue

2018Expense mix: 87.3% mission · 8.2% management · 4.5% fundraisingTotal expenses: 108.50% of revenue

2017Expense mix: 87.8% mission · 10.1% management · 2.1% fundraisingTotal expenses: 73.32% of revenue

Money in and money out

Revenue$9,125,382

Expenses$7,298,761

Annual surplus $1,826,621 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,434,967 · 88.2% of expenses

Management and office costs$695,705 · 9.5% of expenses

Fundraising$168,089 · 2.3% of expenses

See all reported dollar amounts

Revenue$9,125,382

Expenses$7,298,761

Assets$75,973,625

Income$19,993,629

Contributions$5,745,921

Mission work (program services)$6,434,967

Fundraising$168,089

Management and general$695,705

Executive compensation (total)$235,218

Stocks and bonds$71,675,972

Investing fees$73,559

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SHARKIS DAVIS LFORMER EXECU · 39 hrs/week $222,036Base $182,204 · Other $39,832

QUATTROCCHI DANIELASST. DIRECT · 40 hrs/week $193,147Base $137,917 · Other $55,230

ILLIG CARINCLINICAL DIR · 40 hrs/week $133,350Base $124,215 · Other $9,135

MCNAUGHTON JOHN BRIANTRUSTEE/ML B · 1 hrs/week $53,684Base · Other $53,684

WHEELER WALTER FTRUSTEE/PRES · 1 hrs/week $47,119Base · Other $47,119

ELLIOT RICHARD WTRUSTEE/ML E · 1 hrs/week $46,619Base · Other $46,619

HECHT KEVINTRUSTEE/DEPU · 1 hrs/week $43,964Base · Other $43,964

HEATH ALAN RTRUSTEE · 1 hrs/week $36,130Base · Other $36,130

ROUP PAUL JTRUSTEE · 1 hrs/week $19,256Base · Other $19,256

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (61)

SHARKIS DAVIS LFORMER EXECU

QUATTROCCHI DANIELASST. DIRECT

ILLIG CARINCLINICAL DIR

MCNAUGHTON JOHN BRIANTRUSTEE/ML B

WHEELER WALTER FTRUSTEE/PRES

ELLIOT RICHARD WTRUSTEE/ML E

HECHT KEVINTRUSTEE/DEPU

HEATH ALAN RTRUSTEE

ROUP PAUL JTRUSTEE

TURNER HOWARDBOARD MEMBER

WORK BRUCE TTRUSTEE

MCNAUGHTON JOHN WMTRUSTEE/PAST

MORAN DONALD MTRUSTEE

MORRIS G MICHAELTRUSTEE/DEP

PARKINSON KEITH ETRUSTEE/DPTY

PATTERSON JOHN R JRTRUSTEE

PITTMAN ERIC STRUSTEE

PLASKET LARRY STRUSTEE/BOAR

VANGORDEN ROGER STRUSTEE

POLICASTRO DOUGLAS RTR/DEP NJ/GS

POWELL RICHARD JTRUSTEE/ML B

STEFANAKOS STEVENTRUSTEE/ML B

TONDA RICHARD DTRUSTEE

POYTON KENNETH FTRUSTEE

TIFFANY P HOGAN PHDBOARD MEMBER

ROSS A JAMESTRUSTEE/ML B

MARSHBANKS TIMOTHEY STRUSTEE/DPTY

SAMIEC PETER JTRUSTEE/PAST

SWALM RICKY LTRUSTEE/DEP

SIMONTON JEFFRYTRUSTEE/DEPU

STEIN HENRYTRUSTEE

SMITH STEVENTR/CDC BD/DP

ST PIERRE PAUL CTRUSTEE/DEPU

HAINES MARK ATRUSTEE/ML B

AVRIT KARENBOARD MEMBER

BARNES DAVIDTRUSTEE/BOAR

BREWER ELDRIDGETRUSTEE

BRYDEN JEFFREYTRUSTEE/DEPU

CLARK GREGORY LTRUSTEE/DEPU

CLAY KENNETH A JRTRUSTEE/TREA

CRACCO ANTHONY RTRUSTEE

DEWOLF MICHAEL ATRUSTEE

DUQUETTE DONALD GTRUSTEE

EASTERLING JAMES FTRUSTEE/ML B

ELLIOT PHILIP R JRTRUSTEE

FARRELL DR MARYBOARD MEMBER

GARDNER STEPHENTRUSTEE

GRAFF GARY NTRUSTEE/BOAR

MCINTOSH MICHAEL TTRUSTEE

HAISCH HENRY ATRUSTEE/BOAR

HAMILTON GEORGE FTRUSTEE/ML B

HAYRYNEN JACOB ETRUSTEE

HELDMAN DONALDTRUSTEE/DEP

HUMPHREY L ARBYTRUSTEE/ VIC

INGLIS SCOTT DTRSTE/CDC BD

JORDAN GREGORYTRUSTEE/ML S

KARSTENS WILLIAM IVTRSTE/ML BD/

KAYLOR DOUGLAS NTRUSTEE

KENNEDY CRAIG ATRUSTEE

LABAGH THOMAS RTRUSTEE/ML B

MCCARTHY STEPHEN JTRUSTEE

About this charity

Recognized since: January 1993
Location: 33 MARRETT RD, LEXINGTON, MA 02421-5703
County: Middlesex
In care of: % DAN QUATTROCCHI
Primary officer: WHEELER WALTER F, TRUSTEE/PRESIDENT/SG

How to reach them

WebsiteVisit the charity’s website Phone(781) 862-8518 Officer phone(078) 186-2851

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: DAUPHIN & FANTACONE CPAS LLP
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T99Z)
IRS tax category: Civic and Social Organizations