Civic Intelligence

Read to Grow Inc.

990 • Fiscal year 2013 • EIN 06-1572185

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 27, 2013

53 SCHOOL GROUND ROAD No UNIT 3Branford, CT 06405
Siviq Scores

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

Liabilities / Assets

43rd percentile

0.03x

Higher debt load relative to assets than 43% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

41st percentile

0.02x

Higher debt load relative to revenue than 41% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

14th percentile

-19%

Higher net margin than 14% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

9th percentile

-21%

Faster asset growth than 9% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$507,089

Down $136,285 (-21%) from 2012

Net Assets

Down

$493,287

Down $128,700 (-21%) from 2012

Liabilities

Down

$13,802

Down $7,585 (-35%) from 2012

Revenue

$694,780

No earlier filing loaded for comparison.

Expenses

Up

$823,478

Up $44,708 (+5.7%) from 2012

Net Income

-$128,698

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.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $804,098Liabilities 2011: $20,705Net Assets 2011: $783,3932011Assets 2012: $643,374Liabilities 2012: $21,387Net Assets 2012: $621,9872012Assets 2013: $507,089Liabilities 2013: $13,802Net Assets 2013: $493,2872013Assets 2014: $594,746Liabilities 2014: $15,197Net Assets 2014: $579,5492014Assets 2015: $577,757Liabilities 2015: $17,054Net Assets 2015: $560,7032015Assets 2016: $584,482Liabilities 2016: $11,370Net Assets 2016: $573,1122016Assets 2017: $1,123,388Liabilities 2017: $7,455Net Assets 2017: $1,115,9332017Assets 2018: $1,027,958Liabilities 2018: $109,172Net Assets 2018: $918,7862018Assets 2019: $1,977,287Liabilities 2019: $12,753Net Assets 2019: $1,964,5342019Assets 2020: $1,897,893Liabilities 2020: $111,745Net Assets 2020: $1,786,1482020Assets 2021: $1,619,033Liabilities 2021: $130,445Net Assets 2021: $1,488,5882021Assets 2022: $1,292,928Liabilities 2022: $33,566Net Assets 2022: $1,259,3622022Assets 2023: $1,747,209Liabilities 2023: $285,633Net Assets 2023: $1,461,5762023Assets 2024: $1,807,566Liabilities 2024: $237,287Net Assets 2024: $1,570,2792024Assets 2025: $1,610,011Liabilities 2025: $174,128Net Assets 2025: $1,435,8832025

Highlighted filing

2013

Assets$507,089
Liabilities$13,802
Net Assets$493,287

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $765,7002011Expenses 2012: $778,7702012Revenue 2013: $694,780Expenses 2013: $823,478Net Income 2013: -$128,6982013Revenue 2014: $788,787Expenses 2014: $702,525Net Income 2014: $86,2622014Revenue 2015: $780,591Expenses 2015: $799,437Net Income 2015: -$18,8462015Revenue 2016: $1,021,760Expenses 2016: $1,009,351Net Income 2016: $12,4092016Revenue 2017: $1,400,171Expenses 2017: $857,350Net Income 2017: $542,8212017Revenue 2018: $713,588Expenses 2018: $910,735Net Income 2018: -$197,1472018Revenue 2019: $2,128,974Expenses 2019: $1,083,226Net Income 2019: $1,045,7482019Revenue 2020: $1,176,539Expenses 2020: $1,354,925Net Income 2020: -$178,3862020Revenue 2021: $945,038Expenses 2021: $1,269,449Net Income 2021: -$324,4112021Revenue 2022: $1,217,263Expenses 2022: $1,428,787Net Income 2022: -$211,5242022Revenue 2023: $1,629,143Expenses 2023: $1,436,859Net Income 2023: $192,2842023Revenue 2024: $1,444,347Expenses 2024: $1,344,057Net Income 2024: $100,2902024Revenue 2025: $1,283,107Expenses 2025: $1,430,784Net Income 2025: -$147,6772025

Highlighted filing

2013

Revenue$694,780
Expenses$823,478
Net Income-$128,698
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Nov 27, 2013
Return Version
2012v2.1
Gross Receipts
$717,474
Mission and Program Overview

Mission

Our mission is to promote language skills and literacy for children, beginning at birth, and to support parents as their babies' first teachers. Our vision is that every family, regardless of income and primary language, will understand the critical importance of early childhood literacy and will take an active role in their child's reading development. We want all children in connecticut to have books of their own.

Filing and Contact Details

Filer

EIN
06-1572185
Raw XML AppendixShowing 400 of 509 raw XML fields

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IRS990/Description0LITERACY KITS ARE DISTRIBUTED TO PARENTS OF NEWBORNS IN 12 HOSPITALS IN CONNECTICUT. BOOK DRIVES ARE ALSO HELD TO DISTRIBUTE BOOKS TO SCHOOLS, HEALTH CLINICS AND OTHER ORGANIZATIONS.
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IRS990/MissionDescription0Our mission is: To improve early literacy for all Connecticut children by providing books, by helping families share books with their babies starting at birth, by encouraging language development, and by promoting awareness of literacy services.Our vision is that: 1) Every child in Connecticut will own books and take an active interest in reading; and 2) Every family will understand the critical importance of early literacy efforts and take an active role in their childs literacy development.Connecticut's achievement gap is the largest in the nation, and more than one-third of kindergartners are unprepared to begin learning to read when they come to school. By promoting early literacy and school readiness, Read to Grow can help reduce the costs associated with remediation, and impact the negative outcomes associated with low literacy: school drop-out, juvenile delinquency and unemployment.
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IRS990ScheduleG/EventsInformation/FoodAndBeverageTotalEvents017172
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1058775
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent2028579
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal087354
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1012500
IRS990ScheduleG/EventsInformation/GrossRevenueEvent2013750
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents026250
IRS990ScheduleG/EventsInformation/NameOfEvent10NEW HAVEN EVENT
IRS990ScheduleG/EventsInformation/NameOfEvent20HARTFORD EVENT
IRS990ScheduleG/EventsInformation/NetIncomeSummary03556
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent205522
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents05522
IRS990/ScheduleJRequired00
IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction06517
IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction0PURCHASE OF BOOKS
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine10RJ JULIA BOOKSELLERS
IRS990ScheduleL/Form990ScheduleLPartIV/Relationship0ENTITY MORE THAN 35% OWNED BY ROXANNE COADY, DIRECTOR
IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues00
IRS990ScheduleM/AnyPropertyThatMustBeHeld00
IRS990ScheduleM/BooksAndPublications/NonCashCheckbox0X
IRS990ScheduleM/BooksAndPublications/NoncashContribsRptdF9900168478

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.17$1.44$1.28$1.43$0.15
2024Detailed filing. Detailed filing data is available for this year.$1.81$0.24$1.57$1.44$1.34$0.10
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.29$1.46$1.63$1.44$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.03$1.26$1.22$1.43$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.13$1.49$0.95$1.27$0.32
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.11$1.79$1.18$1.35$0.18
2019Summary only. Only limited summary data is available for this year.$1.98$0.01$1.96$2.13$1.08$1.05
2018Summary only. Only limited summary data is available for this year.$1.03$0.11$0.92$0.71$0.91$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.01$1.12$1.40$0.86$0.54
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.58$0.01$0.57$1.02$1.01$0.01
2015Summary only. Only limited summary data is available for this year.$0.58$0.02$0.56$0.78$0.80$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.59$0.02$0.58$0.79$0.70$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.01$0.49$0.69$0.82$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.02$0.62$0.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.02$0.78$0.77