Civic Intelligence

Reader to Reader Inc.

990 • Fiscal year 2023 • EIN 03-0496901

Oct 01, 2022 to Sep 30, 2023 • Filed on Dec 28, 2023

27 Woodlot RoadAmherst, MA 01002

(413) 658-5572

Siviq Scores

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

Liabilities / Assets

57th percentile

0.03x

Higher debt load relative to assets than 57% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

66th percentile

0.08x

Higher debt load relative to revenue than 66% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

10th percentile

-35%

Higher net margin than 10% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

88th percentile

$105,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 49.2% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

16th percentile

-12%

Faster asset growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

16th percentile

-22%

Faster revenue growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$518,528

Down $72,464 (-12%) from 2022

Net Assets

Down

$500,406

Down $73,703 (-13%) from 2022

Liabilities

Up

$18,122

Up $1,239 (+7.3%) from 2022

Revenue

Down

$213,490

Down $60,481 (-22%) from 2022

Expenses

Up

$287,193

Up $23,434 (+8.9%) from 2022

Net Income

Down

-$73,703

Down $83,915 (-822%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $163,521Liabilities 2011: $25,374Net Assets 2011: $138,1472011Assets 2012: $295,748Liabilities 2012: $42,261Net Assets 2012: $253,4872012Assets 2013: $236,849Liabilities 2013: $36,333Net Assets 2013: $200,5162013Assets 2014: $312,844Liabilities 2014: $22,546Net Assets 2014: $290,2982014Assets 2015: $325,496Liabilities 2015: $19,299Net Assets 2015: $306,1972015Assets 2016: $343,636Liabilities 2016: $14,412Net Assets 2016: $329,2242016Assets 2017: $417,939Liabilities 2017: $63,499Net Assets 2017: $354,4402017Assets 2018: $405,561Liabilities 2018: $35,303Net Assets 2018: $370,2582018Assets 2019: $433,149Liabilities 2019: $32,807Net Assets 2019: $400,3422019Assets 2020: $493,985Liabilities 2020: $68,972Net Assets 2020: $425,0132020Assets 2021: $581,441Liabilities 2021: $17,544Net Assets 2021: $563,8972021Assets 2022: $590,992Liabilities 2022: $16,883Net Assets 2022: $574,1092022Assets 2023: $518,528Liabilities 2023: $18,122Net Assets 2023: $500,4062023Assets 2024: $468,588Liabilities 2024: $19,526Net Assets 2024: $449,0622024Assets 2025: $402,931Liabilities 2025: $19,904Net Assets 2025: $383,0272025

Highlighted filing

2023

Assets$518,528
Liabilities$18,122
Net Assets$500,406

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $211,498Expenses 2011: $148,486Net Income 2011: $63,0122011Revenue 2012: $424,898Expenses 2012: $310,902Net Income 2012: $113,9962012Revenue 2013: $370,087Expenses 2013: $433,483Net Income 2013: -$63,3962013Revenue 2014: $469,191Expenses 2014: $379,409Net Income 2014: $89,7822014Revenue 2015: $379,453Expenses 2015: $363,554Net Income 2015: $15,8992015Revenue 2016: $329,710Expenses 2016: $306,683Net Income 2016: $23,0272016Revenue 2017: $373,115Expenses 2017: $347,899Net Income 2017: $25,2162017Revenue 2018: $370,867Expenses 2018: $355,049Net Income 2018: $15,8182018Revenue 2019: $453,864Expenses 2019: $423,780Net Income 2019: $30,0842019Revenue 2020: $421,965Expenses 2020: $397,294Net Income 2020: $24,6712020Revenue 2021: $379,323Expenses 2021: $240,439Net Income 2021: $138,8842021Revenue 2022: $273,971Expenses 2022: $263,759Net Income 2022: $10,2122022Revenue 2023: $213,490Expenses 2023: $287,193Net Income 2023: -$73,7032023Revenue 2024: $249,622Expenses 2024: $300,966Net Income 2024: -$51,3442024Revenue 2025: $229,570Expenses 2025: $295,605Net Income 2025: -$66,0352025

Highlighted filing

2023

Revenue$213,490
Expenses$287,193
Net Income-$73,703
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Dec 28, 2023
Return Version
2022v5.0
Gross Receipts
$213,490
Mission and Program Overview

Mission

Collection & distribution of a wide variety of used and new books and computers to schools, libraries, and outreach programs in low-income communities across the united states and in other countries. The organization also coordinates a number of innovative literacy programs designed to mentor and promote reading.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$586,992$512,928▼ $74,064
Accounts Receivable$4,000$5,600▲ $1,600
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$590,992$518,528▼ $72,464
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$16,883$18,122▲ $1,239
Total Liabilities$16,883$18,122▲ $1,239
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$574,109$500,406▼ $73,703
Total Net Assets Fund Balance$574,109$500,406▼ $73,703
Total Liabilities and Net Assets / Fund Balance$590,992$518,528▼ $72,464

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$27,434$27,434
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David MazorPres & Exec DirectorFT$105,000$105,000

Board Members and Trustees

NameTitle
Allen MorrillDirector
J Anthony RobertsDirector
Jane YolenDirector
John Lawrence ReDirector
Ken LopezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$161,235
Program Service Revenue
$43,786
Investment Income
$8,469
Other Revenue
$0
All Other Contributions
$161,235
Change in Net Assets
$-73,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$241,115
Other Expenses$46,078
Total Fundraising Expense$3,503
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$95,040$7,920$2,640$105,600
Other Salaries and Wages$84,934--$84,934
Pension Plan Contributions$32,950$1,969$656$35,575
Payroll Taxes$14,178$621$207$15,006
Fees for Services Accounting-$10,635-$10,635
Travel$6,964--$6,964
All Other Expenses$5,779$144-$5,923
Insurance$3,322$2,358-$5,680
Other Expenses$1,879--$1,879
Office Expenses$482--$482
Total Functional Expenses$260,043$23,647$3,503$287,193
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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 11B

The form 990 was made available to the board of directors for review. Any questions or comments from the directors have been resolved. The directors gave the executive director approval to sign the form 990.

Form 990, Part VI, Section B, Line 12C

The organization's conflict of interest policy covers all officers, directors, and employees. The organization will use the information on the disclosure forms to monitor for potential conflicts. Conflicts involving employees, other than the executive director, are reviewed and resolved by the executive director. Conflicts involving officers, directors, or the executive director are reviewed and resolved by the board of directors. No one with a conflict is permitted to participate in any affected decisions.

Form 990, Part VI, Section B, Line 15A

Each year the board of directors approved the salary of the executive director and the executive director approves the salaries of all other employees. The decisions are documented in writing. Part of the approval process includes a discussion, or a review of, salaries of comparable positions at comparable organizations.

Form 990, Part VI, Section C, Line 19

All financial statements, governing documents and the like are available from the board of directors upon request.

Filing and Contact Details

Filer

Filer Name
Reader to Reader Inc
EIN
03-0496901
Phone
4136585572
Address
27 WOODLOT ROAD, AMHERST, MA 01002

Signing Officer

Name
David Mazor
Title
Pres & Exec Director
Signed
2023-12-28
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
5
Employees
3
Volunteers
5

Preparer

Firm
David J Decker CPA
Address
6 SOUTH EAST ST, AMHERST, MA 01002
Preparer
David Decker
Phone
4132568660
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Donated use of facilities = -$4000

Financial Statement Notes

Part X : FIN48 Footnote

The Organization has evaluated its tax positions for all open tax years. Currently, the tax years open and subject to examination by the Internal Revenue Service are the 2021, 2020, and 2019 tax years. However, the organization is not currently under audit nor has the organization been contacted by any jurisdiction. Based on the evaluation of the organizations tax positions, management believes all tax positions taken would be upheld under examination. Therefore, no provisions for the effects of uncertain tax positions have been recorded for the year ended September 30, 2023. Further, no interest or penalties have been accrued or charged to expense as of September 30, 2023.

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IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1SALES OF DONATED BOOKS
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IRS990/ProgSrvcAccomActy2Grp/Desc0BOOK AND RESOURCES DISTRIBUTION PROGRAM: COLLECTION & DISTRIBUTION OF A WIDE VARIETY OF USED AND NEW BOOKS AND COMPUTERS TO SCHOOLS, LIBRARIES, AND OUTREACH PROGRAMS IN LOW-INCOME COMMUNITIES.
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0171000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0626000
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01387590
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0754
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0752
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt011002
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt043786
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt040080
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07820
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt069966
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0425
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0602
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0754
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0752
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IRS990ScheduleA/InvestmentIncomeCYPct00.00670
IRS990ScheduleA/InvestmentIncomePYPct00.00170
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01643008
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IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has evaluated its tax positions for all open tax years. Currently, the tax years open and subject to examination by the Internal Revenue Service are the 2021, 2020, and 2019 tax years. However, the organization is not currently under audit nor has the organization been contacted by any jurisdiction. Based on the evaluation of the organizations tax positions, management believes all tax positions taken would be upheld under examination. Therefore, no provisions for the effects of uncertain tax positions have been recorded for the year ended September 30, 2023. Further, no interest or penalties have been accrued or charged to expense as of September 30, 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW. ANY QUESTIONS OR COMMENTS FROM THE DIRECTORS HAVE BEEN RESOLVED. THE DIRECTORS GAVE THE EXECUTIVE DIRECTOR APPROVAL TO SIGN THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS, AND EMPLOYEES. THE ORGANIZATION WILL USE THE INFORMATION ON THE DISCLOSURE FORMS TO MONITOR FOR POTENTIAL CONFLICTS. CONFLICTS INVOLVING EMPLOYEES, OTHER THAN THE EXECUTIVE DIRECTOR, ARE REVIEWED AND RESOLVED BY THE EXECUTIVE DIRECTOR. CONFLICTS INVOLVING OFFICERS, DIRECTORS, OR THE EXECUTIVE DIRECTOR ARE REVIEWED AND RESOLVED BY THE BOARD OF DIRECTORS. NO ONE WITH A CONFLICT IS PERMITTED TO PARTICIPATE IN ANY AFFECTED DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH YEAR THE BOARD OF DIRECTORS APPROVED THE SALARY OF THE EXECUTIVE DIRECTOR AND THE EXECUTIVE DIRECTOR APPROVES THE SALARIES OF ALL OTHER EMPLOYEES. THE DECISIONS ARE DOCUMENTED IN WRITING. PART OF THE APPROVAL PROCESS INCLUDES A DISCUSSION, OR A REVIEW OF, SALARIES OF COMPARABLE POSITIONS AT COMPARABLE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND THE LIKE ARE AVAILABLE FROM THE BOARD OF DIRECTORS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Donated use of facilities = -$4000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, Line 9
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IRS990/TerminateOperationsInd0false
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IRS990/TotalEmployeeCnt03
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0260043
IRS990/TotalFunctionalExpensesGrp/TotalAmt0287193
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016883
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IRS990/TotalLiabilitiesGrp/BOYAmt016883
IRS990/TotalLiabilitiesGrp/EOYAmt018122

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.03$0.20$3.83$2.30$2.96$0.66
2024Detailed filing. Detailed filing data is available for this year.$4.69$0.20$4.49$2.50$3.01$0.51
2023Detailed filing. Detailed filing data is available for this year.$5.19$0.18$5.00$2.13$2.87$0.74
2022Detailed filing. Detailed filing data is available for this year.$5.91$0.17$5.74$2.74$2.64$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.81$0.18$5.64$3.79$2.40$1.39
2020Detailed filing. Detailed filing data is available for this year.$4.94$0.69$4.25$4.22$3.97$0.25
2019Summary only. Only limited summary data is available for this year.$4.33$0.33$4.00$4.54$4.24$0.30
2018Summary only. Only limited summary data is available for this year.$4.06$0.35$3.70$3.71$3.55$0.16
2017Summary only. Only limited summary data is available for this year.$4.18$0.63$3.54$3.73$3.48$0.25
2016Summary only. Only limited summary data is available for this year.$3.44$0.14$3.29$3.30$3.07$0.23
2015Summary only. Only limited summary data is available for this year.$3.25$0.19$3.06$3.79$3.64$0.16
2014Summary only. Only limited summary data is available for this year.$3.13$0.23$2.90$4.69$3.79$0.90
2013Summary only. Only limited summary data is available for this year.$2.37$0.36$2.01$3.70$4.33$0.63
2012Summary only. Only limited summary data is available for this year.$2.96$0.42$2.53$4.25$3.11$1.14
2011Summary only. Only limited summary data is available for this year.$1.64$0.25$1.38$2.11$1.48$0.63