Reading Matters Inc

990EZ • Fiscal year 2013 • EIN 14-1859485

Jul 01, 2012 to Jun 30, 2013 • Filed on Jan 22, 2014

Organization Profile WWW.READINGMATTERS.ORG

20 Ashburton Place02108-2705

Siviq Scores

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

0.40x

Higher debt load relative to assets than 87% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

0.89x

Higher debt load relative to revenue than 95% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

-37%

Higher net margin than 10% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

5.5%

Faster asset growth than 57% of similar nonprofits.

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

-54%

Faster revenue growth than 7% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets87th percentile

Assets

$113,836

Up $5,955 (+5.5%) from 2012

Net Assets

Down

$68,767

Down $18,645 (-21%) from 2012

Liabilities

$45,069

Up $24,600 (+120%) from 2012

Revenue And Expenses

Liabilities / Revenue95th percentile Net Margin10th percentile

Revenue

Down

$50,760

Down $60,640 (-54%) from 2012

Expenses

Down

$69,405

Down $18,290 (-21%) from 2012

Net Income

Down

-$18,645

Down $42,350 (-179%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

Highlighted filing

2013

Assets$113,836

Liabilities$45,069

Net Assets$68,767

Open 2013 Filing

Operations Trend

Revenue Growth7th percentile

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

Highlighted filing

2013

Revenue$50,760

Expenses$69,405

Net Income-$18,645

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2012 to Jun 30, 2013
Signed: Jan 22, 2014
Return Version: 2012v2.1

Mission and Program Overview

Mission

To promote and carry out the mission of improving literacy in the commonwealth of massachusetts

Filing and Contact Details

Filer

EIN: 14-1859485

Raw XML Appendix159 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRpt	0	0
IRS990EZ/AmountOfTaxImposedOnOrgMgr	0	0
IRS990EZ/AmountOfTaxReimbursedByOrg	0	0
IRS990EZ/CashSavingsAndInvestments/BOY	0	107881
IRS990EZ/CashSavingsAndInvestments/EOY	0	113836
IRS990EZ/ContributionsGiftsGrantsEtc	0	50760
IRS990EZ/DirectIndirectPoliticalExpend	0	0
IRS990EZ/DoesOrgHaveHospital	0	0
IRS990EZ/EngagedInExcessBenefitTrans	0	0
IRS990EZ/EngageInLobbyingActivities	0	0
IRS990EZ/EngagePoliticalCmpgnActivities	0	0
IRS990EZ/ExcessOrDeficitForYear	0	-18645
IRS990EZ/FiledScheduleA	0	1
IRS990EZ/ForeignFinancialAccount	0	0
IRS990EZ/ForeignOffice	0	0
IRS990EZ/GrossReceipts	0	50760
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/InfoInScheduleOPartIII	0	X
IRS990EZ/InfoInScheduleOPartV	0	X
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	0
IRS990EZ/MadeLoansToFromOfficers	0	0
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	0
IRS990EZ/MethodOfAccountingAccrual	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	87412
IRS990EZ/NetAssetsOrFundBalancesBOY	0	87412
IRS990EZ/NetAssetsOrFundBalances/EOY	0	68767
IRS990EZ/NetAssetsOrFundBalancesEOY	0	68767
IRS990EZ/OccupancyRentUtilitiesAndMaint	0	348
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	2	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	3	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	3	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	3	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances	3	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	ROBERT DUFFY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	ANN CLARKE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	JAMES SACKS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	KATHLEEN CONWAY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	SECRETARY AND TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	3	DIRECTOR
IRS990EZ/OperatingSchool	0	0
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	0
IRS990EZ/OrganizationHadUBI	0	0
IRS990EZ/OtherChangesInNetAssets	0	0
IRS990EZ/OtherExpensesTotal	0	48644
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	TO PROMOTE AND CARRY OUT THE MISSION OF IMPROVING LITERACY IN THE COMMONWEALTH OF MASSACHUSETTS
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	VARIOUS READING INITIATIVES RAISING COMMUNITIES' AWARENESS, INCREASING COMMUNITY INVOLVEMENT AND EDUCATING COMMUNITIES ABOUT LITERACY ISSUES (RED SOX/CELTICS GAMES).
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	0	0
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	69405
IRS990EZ/ProhibitedTaxShelterTrans	0	0
IRS990EZ/RelatedOrgControlledEntity	0	0
IRS990EZ/SalariesOtherCompEmplBenefits	0	20413
IRS990EZ/StatesWhereCopyOfReturnIsFiled	0	MA
IRS990EZ/SubjectToProxyTax	0	0
IRS990EZ/SumOfTotalLiabilities/BOY	0	20469
IRS990EZ/SumOfTotalLiabilities/EOY	0	45069
IRS990EZ/TanningServicesProvided	0	0
IRS990EZ/TaxImposedUnderIRC4911	0	0
IRS990EZ/TaxImposedUnderIRC4912	0	0
IRS990EZ/TaxImposedUnderIRC4955	0	0
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	20 ASHBURTON PLACE
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	BOSTON
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	MA
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	02108
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	KATHLEEN CONWAY
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	6177427046
IRS990EZ/TotalAssets/BOY	0	107881
IRS990EZ/TotalAssets/EOY	0	113836
IRS990EZ/TotalExpenses	0	69405
IRS990EZ/TotalProgramServiceExpenses	0	69405
IRS990EZ/TotalRevenue	0	50760
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	0
IRS990EZ/WebSite	0	WWW.READINGMATTERS.ORG
IRS990ScheduleA/AmtsFromSubstContributors/Total	0	0
IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total	0	0
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear	0	50760
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year	0	111400
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years	0	82192
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years	0	107848
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years	0	65000
IRS990ScheduleA/GiftsGrantsContribReceived509/Total	0	417200
IRS990ScheduleA/InvestmentIncomePercentage	0	0.00000
IRS990ScheduleA/PriorYearSupportPercentage	0	1.00000
IRS990ScheduleA/PubliclySupportedOrg509a2	0	X
IRS990ScheduleA/PublicSupportPercentage509	0	1.00000
IRS990ScheduleA/PublicSupportTotal509	0	417200
IRS990ScheduleA/SupportFromDQPsEtc/Total	0	0
IRS990ScheduleA/ThirtyThreePercntTestsCY509	0	X
IRS990ScheduleA/Total509/CurrentTaxYear	0	50760
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year	0	111400
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years	0	82192
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years	0	107848
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years	0	65000
IRS990ScheduleA/Total509/Total	0	417200
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear	0	50760
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year	0	111400
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years	0	82192
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years	0	107848
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years	0	65000
IRS990ScheduleA/TotalSupportTotal/Total	0	417200
IRS990ScheduleB/ContributorInfo/AggregateContributions	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber	0	RESTRICTED
IRS990ScheduleO/GeneralExplanation/Explanation	0	DESCRIPTION: OTHER EXPENSES. AMOUNT: 6,048. DESCRIPTION: PRINTING AND MAILING. AMOUNT: 42,596. TOTAL TO FORM 990-EZ, LINE 16: 48,644.
IRS990ScheduleO/GeneralExplanation/Explanation	1	DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 17,219. END OF YEAR AMOUNT: 45,069. DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 3,250. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/GeneralExplanation/Identifier	0	OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier	1	OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	FORM 990-EZ, PART II, LINE 26
TransferPrsnlBnftContractsDecl/Declaration	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/Filer/EIN	0	141859485
ReturnHeader/Filer/Name/BusinessNameLine1	0	READING MATTERS INC
ReturnHeader/Filer/NameControl	0	READ
ReturnHeader/Filer/Phone	0	6177427950
ReturnHeader/Filer/USAddress/AddressLine1	0	20 ASHBURTON PLACE
ReturnHeader/Filer/USAddress/City	0	BOSTON
ReturnHeader/Filer/USAddress/State	0	MA
ReturnHeader/Filer/USAddress/ZIPCode	0	021082705
ReturnHeader/Officer/AuthorizeThirdParty	0	1
ReturnHeader/Officer/DateSigned	0	2014-01-22
ReturnHeader/Officer/Name	0	ROBERT DUFFY
ReturnHeader/Officer/Phone	0	6177427950
ReturnHeader/Officer/Title	0	PRESIDENT
ReturnHeader/Preparer/DatePrepared	0	2014-01-22
ReturnHeader/PreparerFirm/EIN	0	043121055
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	KIRKLAND ALBRECHT & FREDRICKSON LLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	10 FORBES ROAD WEST
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	BRAINTREE
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	MA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	02184
ReturnHeader/Preparer/Name	0	MICHAEL HINCHEY
ReturnHeader/Preparer/Phone	0	7813562000
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-07-01
ReturnHeader/TaxPeriodEndDate	0	2013-06-30
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2014-01-27T13:09:20-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $113,836
Liabilities: $45,069
Net assets: $68,767
Revenue: $50,760
Expenses: $69,405
Net income: -$18,645

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.19	$0.00	$0.19	$0.06	$0.06	$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.19	$0.00	$0.19	$0.25	$0.25	$0.00
2015Detailed filing. Detailed filing data is available for this year.	$0.19	$0.00	$0.19	$0.56	$0.75	$0.19
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.38	$0.00	$0.38	$0.56	$0.86	$0.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.14	$0.45	$0.69	$0.51	$0.69	$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.08	$0.20	$0.87	$1.11	$0.88	$0.24
2011Summary only. Only limited summary data is available for this year.	$0.69	$0.05		$0.82	$0.41	$0.41
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.27	$0.05	$0.23	$1.08	$1.06	$0.02