Civic Intelligence

Team Read

990 • Fiscal year 2015 • EIN 01-0852888

Sep 01, 2014 to Aug 31, 2015 • Filed on Jul 13, 2016

PO Box 94042Seattle, WA 98124-9442

(206) 252-0069

Siviq Scores

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

Liabilities / Assets

75th percentile

0.29x

Higher debt load relative to assets than 75% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

76th percentile

0.27x

Higher debt load relative to revenue than 76% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

85th percentile

$87,770

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 16.9% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

92nd percentile

72%

Faster asset growth than 92% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

82nd percentile

32%

Faster revenue growth than 82% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$469,890

Up $197,014 (+72%) from 2014

Net Assets

Up

$331,630

Up $119,350 (+56%) from 2014

Liabilities

Up

$138,260

Up $77,664 (+128%) from 2014

Revenue

Up

$520,400

Up $127,333 (+32%) from 2014

Expenses

Up

$401,050

Up $56,747 (+16%) from 2014

Net Income

Up

$119,350

Up $70,586 (+145%) from 2014

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

2015

Assets$469,890
Liabilities$138,260
Net Assets$331,630

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

2015

Revenue$520,400
Expenses$401,050
Net Income$119,350
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Jul 13, 2016
Return Version
2014v6.0
Gross Receipts
$531,192
Mission and Program Overview

Mission

Team read's mission is to deliver a proven, replicable k-12 model to ensure reading success for struggling readers through the use of peer tutors.

Team read is a year-round reading tutoring program that pairs carefully trained 8th-12th grade teen reading coaches with struggling 2nd-3rd grade readers for one-on-one reading tutoring. Our mission is "teens tutoring kids to achieve reading success." our goal is for all our 2nd-3rd graders to be better, more confident readers and for our teen coaches to gain critical work and life skills to support their future success. Ours is only program in the area that offers a unique cross-age tutoring model in which elementary students receive targeted reading assistance to help them regain reading traction for an equitable chance to succeed and where teens gain meaningful work experience that builds their college and work resumes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$193,315$342,466▲ $149,151
Savings and Temporary Cash Investments$79,561$109,580▲ $30,019
Pledges and Grants Receivable-$16,844-
Prepaid Expenses and Deferred Charges-$1,000-
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$272,876$469,890▲ $197,014
Liabilities
Accounts Payable and Accrued Expenses$22,606$75,588▲ $52,982
Deferred Revenue$37,990$62,672▲ $24,682
Total Liabilities$60,596$138,260▲ $77,664
Net Assets / Fund Balance
Unrestricted Net Assets$118,584$234,236▲ $115,652
Temporarily Rstr Net Assets$93,696$97,394▲ $3,698
Total Net Assets Fund Balance$212,280$331,630▲ $119,350
Total Liabilities and Net Assets / Fund Balance$272,876$469,890▲ $197,014

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$5,386$5,386
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Maureen MasseyExecutive DirectorFT$87,770$87,770

Board Members and Trustees

NameTitle
Margaret WoleyFormer President
Bobbie ContiPresident
Tran MeyersVice President
Anne RepassDirector
Chris BurnsDirector
Christoph HeckDirector
Don LewisDirector
Jonna WardDirector
Kiersa SandersDirector
Lucy WangDirector
Sylvia TangDirector
Terry CollingsDirector
Brian CadousteauSecretary
Tanya AndersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$530,813
Program Service Revenue
$0
Investment Income
$19
Other Revenue
$-10,432
All Other Contributions
$389,697
Change in Net Assets
$119,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$225,385
Other Expenses$175,665
Total Fundraising Expense$98,776
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$81,235$368$19,284$100,887
Current Officers, Directors, Trustees, and Key Employees$39,496$13,165$35,107$87,768
Fees for Services Other$33,298$826$34,604$68,728
Office Expenses$22,311$864$420$23,595
Payroll Taxes$11,884$1,193$4,431$17,508
Fees for Services Accounting-$15,422-$15,422
Other Employee Benefits$10,532$54$2,507$13,093
Pension Plan Contributions$6,129--$6,129
Insurance-$2,823-$2,823
Travel$1,304$471-$1,775
Other Expenses$25$615$2,423$640
Total Functional Expenses$265,447$36,827$98,776$401,050
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,792
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
End of Year Event$89,138-$10,792-
Total Events$89,138-$10,792$-10,792
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Draft tax return distributed and reviewed by the entire board and executive director for approval, before filing with the irs.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Team Read
EIN
01-0852888
Phone
2062520069
Address
PO BOX 94042, SEATTLE, WA 98124-9442

Signing Officer

Name
Maureen Massey
Title
Executive Director
Phone
2062520069
Signed
2016-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maureen Massey
Formed
2005
Legal Domicile
Wa
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
97

Preparer

Firm
Cliftonlarsonallen Llp
Address
3000 NORTHUP WAY SUITE 200, BELLEVUE, WA 98004
Preparer
Steven Bass CPA
Phone
4252506100
Supplemental Narrative

Additional Explanations

Part III, Line 4A

Team read is an after school and summer tutoring program with the mission of "teens tutoring kids to achieve reading success." our goal is for all our 2nd and 3rd grade students to read at grade level after a year of one-on-one tutoring. We serve seattle schools where assessments show that 2nd and 3rd graders need intensive reading support beyond the classroom. Our year-round support gives vulnerable children the opportunity to regain reading traction, for an equitable chance to succeed in school and life. Our unique model pairs carefully screened and trained teen reading coaches one-on-one with 2nd and 3rd grade students who enter the program reading a year to two years below grade level. The program provides significant benefits for the teen reading coaches who can earn hourly pay (minimum wage), or service learning hours, or save money for college while gaining valuable work skills. Summary of the program and services provided: every child deserves to be, and needs to be a great reader. Team read provides one-on-one reading tutoring for struggling 2nd and 3rd grade readers in 11 of seattle's lowest-performing elementary schools. 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. The innovative program model taps into the skills and commitment teenagers, training them to become great reading coaches and role models. Tutoring pairs meet after school, two days a week to build essential reading skills--vocabulary, fluency and comprehension. Team read extends the learning day for students who would otherwise not receive reading support outside the classroom. The curriculum is designed in partnership with literacy experts at seattle public schools (sps) and is aligned with classroom instruction and literacy best practices. 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. Second and third grade teachers refer their student to team read at the beginning of the school year. Typically, the students referred to team read are reading a year or more below grade level. The teen reading coaches 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 readers 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. In the summer of 2015, team read partnered with seattle public library (spl) to provide a summer reading program in the summer at 4 library branches. Research has documented the reading loss that low-income students experience over the summer and team read is committed to working with spl to provide summer reading support for the 2nd and 3rd grade students who need the most support and summer jobs for teens. By partnering with spl in this effort, students and families learn about the wide array of free resources available through the library. The students served by team read: the 2nd and 3rd graders who participate in team read are referred by their teachers. Their parents give their permission for them to participate in the program. The following demographic information is consistent from year to year: " 89% students of color " 87% eligible for free/reduced lunch " 42% english language learners the teenagers who participate in team read apply to the program and are carefully screened to ensure that they meet or exceed the program's minimum qualifications (2.7 gpa, excellent essay, excellent attendance and discipline recor

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 21,259. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,259. Consultants: program service expenses 5,486. Management and general expenses 826. Fundraising expenses 15,211. Total expenses 21,523. Grant writer: program service expenses 0. Management and general expenses 0. Fundraising expenses 19,393. Total expenses 19,393. Program services : program service expenses 6,553. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,553.

Form 990, Part XI, Line 2C

A committee of the board assumes responsibility for oversight of the independent accountant. This process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization as a tax-exempt organization annually files a federal information return (form 990). The organization has adopted provisions of an accounting standard regarding accounting for uncertainties in income taxes. They have evaluated whether it is more likely than not that positions they have taken would result in the recognition of taxable income, or the loss of the organizations tax-exempt status. Based 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 tax returns for 2011 and through the current tax year are open for examination by the internal revenue service.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10FORMER PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt089138
IRS990/FundraisingDirectExpensesAmt010792
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0531192
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02823
IRS990/InsuranceGrp/TotalAmt02823
IRS990/InvestmentIncomeGrp/ExclusionAmt019
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05386
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt05386
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TEAM READ'S MISSION IS TO DELIVER A PROVEN, REPLICABLE K-12 MODEL TO ENSURE READING SUCCESS FOR STRUGGLING READERS THROUGH THE USE OF PEER TUTORS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0331630
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-10792
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0864
IRS990/OfficeExpensesGrp/ProgramServicesAmt022311
IRS990/OfficeExpensesGrp/TotalAmt023595
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02507
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt054
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt010532
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013093
IRS990/OtherExpensesGrp/Desc0DEFERRED TUITION PAYMEN
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2TUTOR WAGES & BENEFITS
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt02423
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01026
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1615
IRS990/OtherExpensesGrp/ProgramServicesAmt051937
IRS990/OtherExpensesGrp/ProgramServicesAmt12708
IRS990/OtherExpensesGrp/ProgramServicesAmt24588
IRS990/OtherExpensesGrp/ProgramServicesAmt325
IRS990/OtherExpensesGrp/TotalAmt051937
IRS990/OtherExpensesGrp/TotalAmt16157
IRS990/OtherExpensesGrp/TotalAmt24588
IRS990/OtherExpensesGrp/TotalAmt3640
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0360
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0360
IRS990/OtherRevenueTotalAmt0360
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt019284
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0368
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt081235
IRS990/OtherSalariesAndWagesGrp/TotalAmt0100887
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04431
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01193
IRS990/PayrollTaxesGrp/ProgramServicesAmt011884
IRS990/PayrollTaxesGrp/TotalAmt017508
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06129
IRS990/PensionPlanContributionsGrp/TotalAmt06129
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt016844
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01000
IRS990/PrincipalOfficerNm0MAUREEN MASSEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0403958
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt024
IRS990/PYOtherExpensesAmt094026
IRS990/PYOtherRevenueAmt0-10915
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt048764
IRS990/PYSalariesCompEmpBnftPaidAmt0250277
IRS990/PYTotalExpensesAmt0344303
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0393067
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0119350
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt079561
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0109580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0531098
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0403958
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0471521
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0337139
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0421076
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02164792
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0214151
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0271438
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0136167
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt062487
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt033000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0717243
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt024
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0142
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0265
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85310
IRS990ScheduleA/PublicSupportPY170Pct00.76730
IRS990ScheduleA/PublicSupportTotal170Amt02458957
IRS990ScheduleA/SubstantialContributorsTotAmt0423078
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0745249
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0675396
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0607688
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0399626
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0454076
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02882035
IRS990ScheduleA/TotalSupportAmt02882300
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05386
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05386
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION AS A TAX-EXEMPT ORGANIZATION ANNUALLY FILES A FEDERAL INFORMATION RETURN (FORM 990). THE ORGANIZATION HAS ADOPTED PROVISIONS OF AN ACCOUNTING STANDARD REGARDING ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES. THEY HAVE EVALUATED WHETHER IT IS MORE LIKELY THAN NOT THAT POSITIONS THEY HAVE TAKEN WOULD RESULT IN THE RECOGNITION OF TAXABLE INCOME, OR THE LOSS OF THE ORGANIZATIONS TAX-EXEMPT STATUS. BASED 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 TAX RETURNS FOR 2011 AND THROUGH THE CURRENT TAX YEAR ARE OPEN FOR EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt089138
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt089138
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010792
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0END OF YEAR EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt089138
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt089138
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-10792
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010792
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010792
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TEAM READ IS AN AFTER SCHOOL AND SUMMER TUTORING PROGRAM WITH THE MISSION OF "TEENS TUTORING KIDS TO ACHIEVE READING SUCCESS." OUR GOAL IS FOR ALL OUR 2ND AND 3RD GRADE STUDENTS TO READ AT GRADE LEVEL AFTER A YEAR OF ONE-ON-ONE TUTORING. WE SERVE SEATTLE SCHOOLS WHERE ASSESSMENTS SHOW THAT 2ND AND 3RD GRADERS NEED INTENSIVE READING SUPPORT BEYOND THE CLASSROOM. OUR YEAR-ROUND SUPPORT GIVES VULNERABLE CHILDREN THE OPPORTUNITY TO REGAIN READING TRACTION, FOR AN EQUITABLE CHANCE TO SUCCEED IN SCHOOL AND LIFE. OUR UNIQUE MODEL PAIRS CAREFULLY SCREENED AND TRAINED TEEN READING COACHES ONE-ON-ONE WITH 2ND AND 3RD GRADE STUDENTS WHO ENTER THE PROGRAM READING A YEAR TO TWO YEARS BELOW GRADE LEVEL. THE PROGRAM PROVIDES SIGNIFICANT BENEFITS FOR THE TEEN READING COACHES WHO CAN EARN HOURLY PAY (MINIMUM WAGE), OR SERVICE LEARNING HOURS, OR SAVE MONEY FOR COLLEGE WHILE GAINING VALUABLE WORK SKILLS. SUMMARY OF THE PROGRAM AND SERVICES PROVIDED: EVERY CHILD DESERVES TO BE, AND NEEDS TO BE A GREAT READER. TEAM READ PROVIDES ONE-ON-ONE READING TUTORING FOR STRUGGLING 2ND AND 3RD GRADE READERS IN 11 OF SEATTLE'S LOWEST-PERFORMING ELEMENTARY SCHOOLS. 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. THE INNOVATIVE PROGRAM MODEL TAPS INTO THE SKILLS AND COMMITMENT TEENAGERS, TRAINING THEM TO BECOME GREAT READING COACHES AND ROLE MODELS. TUTORING PAIRS MEET AFTER SCHOOL, TWO DAYS A WEEK TO BUILD ESSENTIAL READING SKILLS--VOCABULARY, FLUENCY AND COMPREHENSION. TEAM READ EXTENDS THE LEARNING DAY FOR STUDENTS WHO WOULD OTHERWISE NOT RECEIVE READING SUPPORT OUTSIDE THE CLASSROOM. THE CURRICULUM IS DESIGNED IN PARTNERSHIP WITH LITERACY EXPERTS AT SEATTLE PUBLIC SCHOOLS (SPS) AND IS ALIGNED WITH CLASSROOM INSTRUCTION AND LITERACY BEST PRACTICES. 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. SECOND AND THIRD GRADE TEACHERS REFER THEIR STUDENT TO TEAM READ AT THE BEGINNING OF THE SCHOOL YEAR. TYPICALLY, THE STUDENTS REFERRED TO TEAM READ ARE READING A YEAR OR MORE BELOW GRADE LEVEL. THE TEEN READING COACHES 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 READERS 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. IN THE SUMMER OF 2015, TEAM READ PARTNERED WITH SEATTLE PUBLIC LIBRARY (SPL) TO PROVIDE A SUMMER READING PROGRAM IN THE SUMMER AT 4 LIBRARY BRANCHES. RESEARCH HAS DOCUMENTED THE READING LOSS THAT LOW-INCOME STUDENTS EXPERIENCE OVER THE SUMMER AND TEAM READ IS COMMITTED TO WORKING WITH SPL TO PROVIDE SUMMER READING SUPPORT FOR THE 2ND AND 3RD GRADE STUDENTS WHO NEED THE MOST SUPPORT AND SUMMER JOBS FOR TEENS. BY PARTNERING WITH SPL IN THIS EFFORT, STUDENTS AND FAMILIES LEARN ABOUT THE WIDE ARRAY OF FREE RESOURCES AVAILABLE THROUGH THE LIBRARY. THE STUDENTS SERVED BY TEAM READ: THE 2ND AND 3RD GRADERS WHO PARTICIPATE IN TEAM READ ARE REFERRED BY THEIR TEACHERS. THEIR PARENTS GIVE THEIR PERMISSION FOR THEM TO PARTICIPATE IN THE PROGRAM. THE FOLLOWING DEMOGRAPHIC INFORMATION IS CONSISTENT FROM YEAR TO YEAR: " 89% STUDENTS OF COLOR " 87% ELIGIBLE FOR FREE/REDUCED LUNCH " 42% ENGLISH LANGUAGE LEARNERS THE TEENAGERS WHO PARTICIPATE IN TEAM READ APPLY TO THE PROGRAM AND ARE CAREFULLY SCREENED TO ENSURE THAT THEY MEET OR EXCEED THE PROGRAM'S MINIMUM QUALIFICATIONS (2.7 GPA, EXCELLENT ESSAY, EXCELLENT ATTENDANCE AND DISCIPLINE RECOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DRAFT TAX RETURN DISTRIBUTED AND REVIEWED BY THE ENTIRE BOARD AND EXECUTIVE DIRECTOR FOR APPROVAL, BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 21,259. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,259. CONSULTANTS: PROGRAM SERVICE EXPENSES 5,486. MANAGEMENT AND GENERAL EXPENSES 826. FUNDRAISING EXPENSES 15,211. TOTAL EXPENSES 21,523. GRANT WRITER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 19,393. TOTAL EXPENSES 19,393. PROGRAM SERVICES : PROGRAM SERVICE EXPENSES 6,553. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,553.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COMMITTEE OF THE BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt093696
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt097394
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0272876
IRS990/TotalAssetsEOYAmt0469890
IRS990/TotalAssetsGrp/BOYAmt0272876
IRS990/TotalAssetsGrp/EOYAmt0469890
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0530813
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt098776

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
2015Detailed filing. Detailed filing data is available for this year.$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