Civic Intelligence

Team Read

990 • Fiscal year 2012 • EIN 01-0852888

Sep 01, 2011 to Aug 31, 2012 • Filed on May 06, 2013

PO Box 9404298124-9442
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.30x

Higher debt load relative to assets than 84% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

19th percentile

-24%

Faster asset growth than 19% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$206,943

Down $64,298 (-24%) from 2011

Net Assets

Down

$145,662

Down $46,991 (-24%) from 2011

Liabilities

Down

$61,281

Down $17,307 (-22%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$384,200

Down $108,500 (-22%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $300,745Liabilities 2010: $36,610Net Assets 2010: $264,1352010Assets 2011: $271,241Liabilities 2011: $78,588Net Assets 2011: $192,6532011Assets 2012: $206,943Liabilities 2012: $61,281Net Assets 2012: $145,6622012Assets 2013: $262,713Liabilities 2013: $99,197Net Assets 2013: $163,5162013Assets 2014: $272,876Liabilities 2014: $60,596Net Assets 2014: $212,2802014Assets 2015: $469,890Liabilities 2015: $138,260Net Assets 2015: $331,6302015Assets 2016: $671,930Liabilities 2016: $195,265Net Assets 2016: $476,6652016Assets 2017: $609,263Liabilities 2017: $132,671Net Assets 2017: $476,5922017Assets 2018: $477,737Liabilities 2018: $109,290Net Assets 2018: $368,4472018Assets 2019: $489,897Liabilities 2019: $161,338Net Assets 2019: $328,5592019Assets 2020: $614,716Liabilities 2020: $124,268Net Assets 2020: $490,4482020Assets 2021: $1,046,049Liabilities 2021: $197,383Net Assets 2021: $848,6662021Assets 2022: $1,603,192Liabilities 2022: $118,076Net Assets 2022: $1,485,1162022Assets 2023: $2,046,664Liabilities 2023: $151,895Net Assets 2023: $1,894,7692023Assets 2024: $1,930,623Liabilities 2024: $125,122Net Assets 2024: $1,805,5012024

Highlighted filing

2012

Assets$206,943
Liabilities$61,281
Net Assets$145,662

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $516,7042010Expenses 2011: $492,7002011Expenses 2012: $384,2002012Revenue 2013: $471,550Expenses 2013: $453,695Net Income 2013: $17,8552013Revenue 2014: $393,067Expenses 2014: $344,303Net Income 2014: $48,7642014Revenue 2015: $520,400Expenses 2015: $401,050Net Income 2015: $119,3502015Revenue 2016: $610,781Expenses 2016: $465,746Net Income 2016: $145,0352016Revenue 2017: $616,317Expenses 2017: $616,390Net Income 2017: -$732017Revenue 2018: $689,637Expenses 2018: $797,782Net Income 2018: -$108,1452018Revenue 2019: $613,117Expenses 2019: $653,005Net Income 2019: -$39,8882019Revenue 2020: $737,994Expenses 2020: $581,657Net Income 2020: $156,3372020Revenue 2021: $1,014,853Expenses 2021: $656,635Net Income 2021: $358,2182021Revenue 2022: $1,385,285Expenses 2022: $748,835Net Income 2022: $636,4502022Revenue 2023: $1,119,686Expenses 2023: $714,344Net Income 2023: $405,3422023Revenue 2024: $767,901Expenses 2024: $880,027Net Income 2024: -$112,1262024

Highlighted filing

2012

Revenue-
Expenses$384,200
Net Income-
Jump To
Filing Snapshot
Filing Period
Sep 1, 2011 to Aug 31, 2012
Signed
May 6, 2013
Return Version
2011v1.5
Gross Receipts
$337,209
Mission and Program Overview

Mission

Year-round, one-to-one tutoring program provided at Title 1 schools to students not at grade-level proficiency in reading. Tutors are area teens recruited and trained to deliver reading support.

Major Activities

Activity 2
(continued) second and third grade teachers refer students to the program who are reading significantly below grade level. During the 2011-12 school year, 328 2nd and 3rd graders received tutoring. Students served are predominately low-income & minority students. Team read's innovative after-school tutoring program helped seattle public school district children who are reading a year or more below grade level to develop their reading skills. After a year of tutoring with their high school tutors, 50% of the students who participated in team read gained 1 > 1.5 reading grade level(s).
Activity 3
(continued) 497 high school students worked as reading tutors in the team read programs to help 2nd and 3rd graders improve their reading skills. The high school tutors benefit by gaining meaningful work and community service experience. The work skills they learn, dependability, communication, teamwork, and commitment, carry over into future jobs. Team read provides many teens with their first work/volunteer experience. The tutors can opt to earn with service learning hours needed to satisfy graduation requirements, hourly pay (minimum wage) or save money for college. Approximately 50% of our tutors' families are low-income and their wages help support them and their families. The tutors can use this experience in team read to build their work and college resumes.
Filing and Contact Details

Filer

EIN
01-0852888
Raw XML AppendixShowing 400 of 438 raw XML fields

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IRS990/Activity2/Description0(CONTINUED) SECOND AND THIRD GRADE TEACHERS REFER STUDENTS TO THE PROGRAM WHO ARE READING SIGNIFICANTLY BELOW GRADE LEVEL. DURING THE 2011-12 SCHOOL YEAR, 328 2ND AND 3RD GRADERS RECEIVED TUTORING. STUDENTS SERVED ARE PREDOMINATELY LOW-INCOME & MINORITY STUDENTS. TEAM READ'S INNOVATIVE AFTER-SCHOOL TUTORING PROGRAM HELPED SEATTLE PUBLIC SCHOOL DISTRICT CHILDREN WHO ARE READING A YEAR OR MORE BELOW GRADE LEVEL TO DEVELOP THEIR READING SKILLS. AFTER A YEAR OF TUTORING WITH THEIR HIGH SCHOOL TUTORS, 50% OF THE STUDENTS WHO PARTICIPATED IN TEAM READ GAINED 1 > 1.5 READING GRADE LEVEL(S).
IRS990/Activity3/Description0(CONTINUED) 497 HIGH SCHOOL STUDENTS WORKED AS READING TUTORS IN THE TEAM READ PROGRAMS TO HELP 2ND AND 3RD GRADERS IMPROVE THEIR READING SKILLS. THE HIGH SCHOOL TUTORS BENEFIT BY GAINING MEANINGFUL WORK AND COMMUNITY SERVICE EXPERIENCE. THE WORK SKILLS THEY LEARN, DEPENDABILITY, COMMUNICATION, TEAMWORK, AND COMMITMENT, CARRY OVER INTO FUTURE JOBS. TEAM READ PROVIDES MANY TEENS WITH THEIR FIRST WORK/VOLUNTEER EXPERIENCE. THE TUTORS CAN OPT TO EARN WITH SERVICE LEARNING HOURS NEEDED TO SATISFY GRADUATION REQUIREMENTS, HOURLY PAY (MINIMUM WAGE) OR SAVE MONEY FOR COLLEGE. APPROXIMATELY 50% OF OUR TUTORS' FAMILIES ARE LOW-INCOME AND THEIR WAGES HELP SUPPORT THEM AND THEIR FAMILIES. THE TUTORS CAN USE THIS EXPERIENCE IN TEAM READ TO BUILD THEIR WORK AND COLLEGE RESUMES.
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IRS990/Description0SUMMARY OF THE PROGRAM AND SERVICES PROVIDED:TEAM READ PROVIDES ONE-ON-ONE READING TUTORING FOR STRUGGLING 2ND AND 3RD GRADE READERS IN 10 OF SEATTLE'S LOWEST-PERFORMING ELEMENTARY SCHOOLS. THE INNOVATIVE PROGRAM MODEL TAPS INTO THE SKILLS AND COMMITMENT OF TEENAGERS, TRAINING THEM TO BECOME EXPERT READING TUTORS. TUTORING PAIRS MEET AFTER SCHOOL, TWO DAYS A WEEK TO BUILD VOCABULARY, FLUENCY AND COMPREHENSION SKILLS. THE CURRICULUM IS DESIGNED IN PARTNERSHIP WITH LITERACY EXPERTS AT SEATTLE PUBLIC SCHOOLS (SPS) AND SUPPORTS ELEMENTARY CLASSROOM INSTRUCTION. TEAM READ WORKS WITH DISTRICT ADMINISTRATORS AND LITERACY SPECIALISTS TO IDENTIFY THOSE SCHOOLS MOST IN NEED OF ADDITIONAL LITERACY SUPPORT SERVICES OUTSIDE THE SCHOOL DAY. THE TEEN READING TUTORS ARE RECRUITED FROM 15 LOCAL MIDDLE AND HIGH SCHOOLS. EVERY TUTOR COMPLETES A THOROUGH SCREENING AND TRAINING PROCESS, PARTICIPATING IN FIVE HOURS OF LITERACY TRAINING BEFORE THEY BEGIN WORKING WITH THEIR ELEMENTARY READER. THE CLOSE BOND THAT FORMS BETWEEN THE TEENS AND THEIR YOUNG READER LAYS THE FOUNDATION FOR THE PROGRAM'S SUCCESS. PRINCIPALS REPORT THAT STUDENTS "RUN TO TEAM READ" AFTER SCHOOL FOR THE CHANCE TO SPEND TIME WITH A "COOL" TEENAGER. THE GOAL OF EVERY TUTOR IS TO HELP THEIR STUDENT IMPROVE THEIR READING SKILLS SO THEY ARE READING AT GRADE LEVEL BY THE END OF THE SCHOOL YEAR. IMPACT OF THE PROGRAM ON ELEMENTARY STUDENTS AND TEENS: READING IS THE FOUNDATION FOR ALL LEARNING AND RESEARCH SUPPORTS HOW CRITICAL IT IS FOR STUDENTS TO BE READING AT GRADE LEVEL BY THE END OF THE 3RD GRADE IN ORDER TO ACHIEVE ACADEMIC SUCCESS. TEAM READ'S RESEARCH-BASED, RESULTS-DRIVEN MODEL ADDRESSES A PROFOUND NEED IN OUR COMMUNITY TO PROVIDE AN EFFECTIVE LITERACY INTERVENTION FOR STRUGGLING READERS. BY PROVIDING CHILDREN WHO ARE READING A YEAR OR MORE BELOW GRADE LEVEL WITH ONE-ON-ONE READING TUTORING BY A HIGHLY TRAINED, DEDICATED TEEN TUTOR, THESE STUDENTS BUILD KEY READING SKILLS. THEY ALSO GAINED CONFIDENCE IN READING AND DISCOVERED THAT READING CAN BE A FUN AND POSITIVE PART OF THEIR LIVES. TEAM READ'S GOAL IS FOR ALL TEAM READ STUDENTS TO BE AT GRADE LEVEL BY THE END OF THE SCHOOL YEAR SO THEY ARE POISED FOR SUCCESS IN SCHOOL AND BEYOND. THE ELEMENTARY SCHOOLS WE PARTNER WITH CONSIDER TEAM READ TO BE A KEY STRATEGY IN PROVIDING EFFECTIVE LITERACY INTERVENTIONS TO THEIR STUDENTS OUTSIDE OF THE SCHOOL DAY.
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IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/Equipment/BookValue00
IRS990ScheduleD/Equipment/Depreciation05281
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis05281
IRS990ScheduleD/ExcessOrDeficitForYear0-46991
IRS990ScheduleD/ExcessOrDeficitPerFS0-46991
IRS990ScheduleD/ExpensesNotRptdF990062487
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal0384200
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0BASED UPON ITS EVALUATION, THE ORGANIZATION HAS CONCLUDED THAT IT IS OPERATING IN COMPLIANCE WITHIN ITS TAX-EXEMPT STATUS. IN ADDITION, THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO MATTERS THAT WOULD CREATE TAXABLE INCOME. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, THE ORGANIZATIONS 2009, 2010, AND 2011 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1IN-KIND COUNTRIBUTIONS AND IN-KIND EXPENSES WERE NOT INCLUDED ON FORM 990.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART X:
IRS990ScheduleD/OtherExpensesIncluded062487
IRS990ScheduleD/OtherRevenues062487
IRS990ScheduleD/RevenueNotRptdF990062487
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal0337209
IRS990ScheduleD/TotalExpenses0384200
IRS990ScheduleD/TotalExpensesPerForm9900384200
IRS990ScheduleD/TotalOfBookValueLandBuildings00
IRS990ScheduleD/TotalRevenue0337209
IRS990ScheduleD/TotalRevenuePerForm9900337209
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0446687
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0399696
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0DRAFT TAX RETURN DISTRIBUTED AND REVIEWED BY THE BOARD AND EXECUTIVE DIRECTOR.
IRS990ScheduleO/GeneralExplanation/Explanation1AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation2A COMMITTEE OF THE BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART XI, LINE 2C
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0WA
IRS990/StatesWhereCopyOfReturnIsFiled0WA
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/TemporarilyRestrictedNetAssets/BOY0159759
IRS990/TemporarilyRestrictedNetAssets/EOY059000
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine102445 3RD AVENUE SOUTH
IRS990/TheBooksAreInCareOf/AddressUS/City0SEATTLE
IRS990/TheBooksAreInCareOf/AddressUS/State0WA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode098134
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10MAUREEN MASSEY
IRS990/TheBooksAreInCareOf/TelephoneNumber02062520069
IRS990/TotalAssets/BOY0271241
IRS990/TotalAssetsBOY0271241
IRS990/TotalAssets/EOY0206943
IRS990/TotalAssetsEOY0206943
IRS990/TotalCompGT150K00
IRS990/TotalContributions0337139
IRS990/TotalExpensesCurrentYear0384200
IRS990/TotalExpensesPriorYear0492700
IRS990/TotalFunctionalExpenses/Fundraising058707
IRS990/TotalFunctionalExpenses/ManagementAndGeneral051393
IRS990/TotalFunctionalExpenses/ProgramServices0274100
IRS990/TotalFunctionalExpenses/Total0384200
IRS990/TotalFundrsngExpCurrentYear058707
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY078588
IRS990/TotalLiabilitiesBOY078588
IRS990/TotalLiabilities/EOY061281
IRS990/TotalLiabilitiesEOY061281
IRS990/TotalLiabNetAssetsFundBalances/BOY0271241
IRS990/TotalLiabNetAssetsFundBalances/EOY0206943
IRS990/TotalNbrEmployees06
IRS990/TotalNbrVolunteers0190
IRS990/TotalNetAssetsFundBalances/BOY0192653
IRS990/TotalNetAssetsFundBalances/EOY0145662
IRS990/TotalOtherCompensation00
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceExpense0274100
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg00
IRS990/TotalRevenueCurrentYear0337209
IRS990/TotalRevenue/ExclusionAmount070
IRS990/TotalRevenuePriorYear0421218
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome00
IRS990/TotalRevenue/TotalRevenueColumn0337209
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity00
IRS990/TransfersToExemptNonChrtblOrg00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.13$1.81$0.77$0.88$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.05$0.15$1.89$1.12$0.71$0.41
2022Detailed filing. Detailed filing data is available for this year.$1.60$0.12$1.49$1.39$0.75$0.64
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.20$0.85$1.01$0.66$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.12$0.49$0.74$0.58$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.16$0.33$0.61$0.65$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.11$0.37$0.69$0.80$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.61$0.13$0.48$0.62$0.62$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.20$0.48$0.61$0.47$0.15
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.14$0.33$0.52$0.40$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.27$0.06$0.21$0.39$0.34$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.10$0.16$0.47$0.45$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.06$0.15$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.08$0.19$0.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.04$0.26$0.52