Civic Intelligence

Team Read

990 • Fiscal year 2016 • EIN 01-0852888

Sep 01, 2015 to Aug 31, 2016 • Filed on Mar 29, 2017

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

76th percentile

0.29x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

0.32x

Higher debt load relative to revenue than 79% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

86th percentile

$91,947

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 15.1% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

88th percentile

43%

Faster asset growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

72nd percentile

17%

Faster revenue growth than 72% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$671,930

Up $202,040 (+43%) from 2015

Net Assets

Up

$476,665

Up $145,035 (+44%) from 2015

Liabilities

Up

$195,265

Up $57,005 (+41%) from 2015

Revenue

Up

$610,781

Up $90,381 (+17%) from 2015

Expenses

Up

$465,746

Up $64,696 (+16%) from 2015

Net Income

Up

$145,035

Up $25,685 (+22%) from 2015

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

2016

Assets$671,930
Liabilities$195,265
Net Assets$476,665

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

2016

Revenue$610,781
Expenses$465,746
Net Income$145,035
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Mar 29, 2017
Return Version
2015v3.0
Gross Receipts
$626,414
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.

Team read is a reading tutoring program that engages teens as tutors for struggling readers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$342,466$500,328▲ $157,862
Savings and Temporary Cash Investments$109,580$89,602▼ $19,978
Pledges and Grants Receivable$16,844$82,000▲ $65,156
Prepaid Expenses and Deferred Charges$1,000$0▼ $1,000
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$469,890$671,930▲ $202,040
Liabilities
Accounts Payable and Accrued Expenses$75,588$131,740▲ $56,152
Deferred Revenue$62,672$63,525▲ $853
Total Liabilities$138,260$195,265▲ $57,005
Net Assets / Fund Balance
Temporarily Rstr Net Assets$97,394$320,437▲ $223,043
Unrestricted Net Assets$234,236$156,228▼ $78,008
Total Net Assets Fund Balance$331,630$476,665▲ $145,035
Total Liabilities and Net Assets / Fund Balance$469,890$671,930▲ $202,040

Asset Categories

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

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maureen MasseyExecutive DirectorFT$72,071$19,876$91,947

Board Members and Trustees

NameTitle
Bobbie ContiPresident
Tran MeyersVice President
Anne RepassDirector
Brandon HullDirector
Cheryl Hoffman HerzogDirector
Chris BurnsDirector
David GortonDirector
Deborah Lynn FrocktDirector
Don LewisDirector
Donna LouDirector
Jonna WardDirector
Josh DanielDirector
Kiersa SandersDirector
Seana HaydenDirector
Sondra BatboldDirector
Brian CadousteauSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$626,392
Program Service Revenue
$0
Investment Income
$22
Other Revenue
$-15,633
All Other Contributions
$538,155
Change in Net Assets
$145,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$292,860
Other Expenses$172,886
Total Fundraising Expense$85,550
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$101,938$29,863$14,414$146,215
Current Officers, Directors, Trustees, and Key Employees$45,974$9,195$36,779$91,948
Fees for Services Other$15,969$15,138$27,586$58,693
Office Expenses$25,327$2,454$512$28,293
Payroll Taxes$14,326$3,862$4,339$22,527
Other Employee Benefits$16,077$3,981$1,500$21,558
Fees for Services Accounting-$18,354-$18,354
Pension Plan Contributions$10,050$562-$10,612
Other Expenses$7,641$398$100$8,139
All Other Expenses$3,519--$3,519
Travel$1,584$1,324$230$3,138
Insurance-$2,823-$2,823
Total Functional Expenses$288,633$91,563$85,550$465,746
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$15,633
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
End of Year Event$67,776-$15,633-
Total Events$67,776-$15,633$-15,633
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
No
Annual disclosure for covered persons
Yes
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
2017-03-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maureen Massey
Formed
2005
Legal Domicile
Wa
Voting Board Members
16
Independent Board Members
16
Employees
3
Volunteers
120

Preparer

Firm
Cliftonlarsonallen Llp
Address
10700 NORTHUP WAY SUITE 200, BELLEVUE, WA 98004
Preparer
Steven B Bass CPA
Phone
4252506100
Supplemental Narrative

Additional Explanations

Part III, Line 4A

Team read is a year-round (after school and summer) tutoring and youth development/employment 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, and for teen reading coaches to gain critical work and life skills. We serve elementary and k-8 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. Team read effectively leverages partnerships with seattle public schools and seattle public libraries to provide reading support for at-risk students and meaningful work experience for teens. In 2015, team read adopted a five-year strategic plan that outlines our path to doubling the number of students that we serve by 2020. 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 of teenagers, training them to become great reading coaches, mentors and role models. Tutoring pairs meet after school, two days a week to build essential reading skills--vocabulary, fluency and comprehension. In the summer, team read provides 4 hours of reading support a week for 6 weeks to team read students and students in the community. Team read extends the learning time after school and in the summer, for students who might not otherwise receive reading support during out of school time. 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 elementary and k-8 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 6 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 2016, 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 availabl

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 8,575. Management and general expenses 2,250. Fundraising expenses 0. Total expenses 10,825. Consultants: program service expenses 6,085. Management and general expenses 8,852. Fundraising expenses 10,995. Total expenses 25,932. Grant writer: program service expenses 0. Management and general expenses 4,036. Fundraising expenses 16,591. Total expenses 20,627. Program services: program service expenses 1,309. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,309.

Part IX, Fundraising Allocation

Primary expenses included in team read's allocation to fundraising includes the full wages and benefits of our .75 fte fund development and marketing coordinator and 40% of the executive director's time. It also includes the cost of contract grant writers ($11,000).

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/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt067776
IRS990/FundraisingDirectExpensesAmt015633
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0626414
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02823
IRS990/InsuranceGrp/TotalAmt02823
IRS990/InvestmentIncomeGrp/ExclusionAmt022
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt022
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
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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/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-15633
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IRS990/NondeductibleContributionsInd00
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IRS990/OfficeExpensesGrp/TotalAmt028293
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01500
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03981
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt016077
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021558
IRS990/OtherExpensesGrp/Desc0DEFERRED TUITION PAYMEN
IRS990/OtherExpensesGrp/Desc1SITE COORDINATOR
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3PURCHASED SERVICES
IRS990/OtherExpensesGrp/FundraisingAmt090
IRS990/OtherExpensesGrp/FundraisingAmt1100
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03609
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1398
IRS990/OtherExpensesGrp/ProgramServicesAmt028394
IRS990/OtherExpensesGrp/ProgramServicesAmt112524
IRS990/OtherExpensesGrp/ProgramServicesAmt25310
IRS990/OtherExpensesGrp/ProgramServicesAmt37641
IRS990/OtherExpensesGrp/TotalAmt028394
IRS990/OtherExpensesGrp/TotalAmt112524
IRS990/OtherExpensesGrp/TotalAmt29009
IRS990/OtherExpensesGrp/TotalAmt38139
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt014414
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt029863
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0101938
IRS990/OtherSalariesAndWagesGrp/TotalAmt0146215
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04339
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03862
IRS990/PayrollTaxesGrp/ProgramServicesAmt014326
IRS990/PayrollTaxesGrp/TotalAmt022527
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0562
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010050
IRS990/PensionPlanContributionsGrp/TotalAmt010612
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt016844
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt082000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MAUREEN MASSEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0530813
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt019
IRS990/PYOtherExpensesAmt0175665
IRS990/PYOtherRevenueAmt0-10432
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0119350
IRS990/PYSalariesCompEmpBnftPaidAmt0225385
IRS990/PYTotalExpensesAmt0401050
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0520400
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0145035
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0109580
IRS990/SavingsAndTempCashInvstGrp/EOYAmt089602
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0626392
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0531098
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0403958
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0471521
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0337139
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02370108
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0174963
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0214151
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0271438
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0136167
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt062487
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0859206
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt019
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt070
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0164
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83330
IRS990ScheduleA/PublicSupportPY170Pct00.85310
IRS990ScheduleA/PublicSupportTotal170Amt02691144
IRS990ScheduleA/SubstantialContributorsTotAmt0538170
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0801355
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0745249
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0675396
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0607688
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0399626
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03229314
IRS990ScheduleA/TotalSupportAmt03229478
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/CharitableContributionsTotAmt067776
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt067776
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt015633
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0END OF YEAR EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt067776
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt067776
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-15633
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015633
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015633
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TEAM READ IS A YEAR-ROUND (AFTER SCHOOL AND SUMMER) TUTORING AND YOUTH DEVELOPMENT/EMPLOYMENT 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, AND FOR TEEN READING COACHES TO GAIN CRITICAL WORK AND LIFE SKILLS. WE SERVE ELEMENTARY AND K-8 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. TEAM READ EFFECTIVELY LEVERAGES PARTNERSHIPS WITH SEATTLE PUBLIC SCHOOLS AND SEATTLE PUBLIC LIBRARIES TO PROVIDE READING SUPPORT FOR AT-RISK STUDENTS AND MEANINGFUL WORK EXPERIENCE FOR TEENS. IN 2015, TEAM READ ADOPTED A FIVE-YEAR STRATEGIC PLAN THAT OUTLINES OUR PATH TO DOUBLING THE NUMBER OF STUDENTS THAT WE SERVE BY 2020. 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 OF TEENAGERS, TRAINING THEM TO BECOME GREAT READING COACHES, MENTORS AND ROLE MODELS. TUTORING PAIRS MEET AFTER SCHOOL, TWO DAYS A WEEK TO BUILD ESSENTIAL READING SKILLS--VOCABULARY, FLUENCY AND COMPREHENSION. IN THE SUMMER, TEAM READ PROVIDES 4 HOURS OF READING SUPPORT A WEEK FOR 6 WEEKS TO TEAM READ STUDENTS AND STUDENTS IN THE COMMUNITY. TEAM READ EXTENDS THE LEARNING TIME AFTER SCHOOL AND IN THE SUMMER, FOR STUDENTS WHO MIGHT NOT OTHERWISE RECEIVE READING SUPPORT DURING OUT OF SCHOOL TIME. 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 ELEMENTARY AND K-8 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 6 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 2016, 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 AVAILABL
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 8,575. MANAGEMENT AND GENERAL EXPENSES 2,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,825. CONSULTANTS: PROGRAM SERVICE EXPENSES 6,085. MANAGEMENT AND GENERAL EXPENSES 8,852. FUNDRAISING EXPENSES 10,995. TOTAL EXPENSES 25,932. GRANT WRITER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,036. FUNDRAISING EXPENSES 16,591. TOTAL EXPENSES 20,627. PROGRAM SERVICES: PROGRAM SERVICE EXPENSES 1,309. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,309.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIMARY EXPENSES INCLUDED IN TEAM READ'S ALLOCATION TO FUNDRAISING INCLUDES THE FULL WAGES AND BENEFITS OF OUR .75 FTE FUND DEVELOPMENT AND MARKETING COORDINATOR AND 40% OF THE EXECUTIVE DIRECTOR'S TIME. IT ALSO INCLUDES THE COST OF CONTRACT GRANT WRITERS ($11,000).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A 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/FormAndLineReferenceDesc4PART IX, FUNDRAISING ALLOCATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00

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
2016Detailed filing. Detailed filing data is available for this year.$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