Reading Matters Inc

990EZ • Fiscal year 2014 • EIN 14-1859485

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 13, 2015

Organization Profile WWW.READINGMATTERS.ORG

20 Ashburton Place02108-2705

(617) 742-7950

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

-55%

Higher net margin than 7% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

-66%

Faster asset growth than 5% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

9.8%

Faster revenue growth than 62% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$38,338

Down $75,498 (-66%) from 2013

Net Assets

Down

$38,338

Down $30,429 (-44%) from 2013

Liabilities

Down

Down $45,069 (-100%) from 2013

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin7th percentile

Revenue

$55,742

Up $4,982 (+9.8%) from 2013

Expenses

$86,171

Up $16,766 (+24%) from 2013

Net Income

Down

-$30,429

Down $11,784 (-63%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

Highlighted filing

2014

Assets$38,338

Liabilities$0

Net Assets$38,338

Open 2014 Filing

Operations Trend

Revenue Growth62nd percentile

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

Highlighted filing

2014

Revenue$55,742

Expenses$86,171

Net Income-$30,429

Open 2014 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2013 to Jun 30, 2014
Signed: Feb 13, 2015
Return Version: 2013v4.0
Gross Receipts: $55,742

Mission and Program Overview

Mission

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

Program Services

Description	Grants	Expenses
VARIOUS READING INITIATIVES RAISING COMMUNITIES' AWARENESS, INCREASING COMMUNITY INVOLVEMENT AND EDUCATING COMMUNITIES ABOUT LITERACY ISSUES (RED SOX/CELTICS GAMES).	$55,742	$86,171

Compensation and Service Providers

Top Officer Pay74th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
ROBERT DUFFY	President	-	$0	-	-
ANN CLARKE	Secretary And Treasurer	-	$0	-	-
JAMES SACKS	Director	-	$0	-	-
KATHLEEN CONWAY	Director	-	$0	-	-

Filing and Contact Details

Filer

EIN: 14-1859485
Phone: 6177427950

Signing Officer

Name: Robert Duffy
Title: President
Phone: 6177427950
Signed: 2015-02-13
Discuss with paid preparer: Yes

Preparer

Preparer: Michael Hinchey
Phone: 7813562000

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: program expenses. Amount: 60,429.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable. Beg. Of year amount: 45,069. End of year amount: 0.”

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
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IRS990EZ/BooksInCareOfDetail/PersonNm	0	KATHLEEN CONWAY
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	6177427046
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	20 ASHBURTON PLACE
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	BOSTON
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	02108
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	113836
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	38338
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	55742
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-30429
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	113836
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	38338
IRS990EZ/GrossReceiptsAmt	0	55742
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	68767
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	38338
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	68767
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	38338
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	411
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	ROBERT DUFFY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	ANN CLARKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	JAMES SACKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	KATHLEEN CONWAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	SECRETARY AND TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	60429
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	TO PROMOTE AND CARRY OUT THE MISSION OF IMPROVING LITERACY IN THE COMMONWEALTH OF MASSACHUSETTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	VARIOUS READING INITIATIVES RAISING COMMUNITIES' AWARENESS, INCREASING COMMUNITY INVOLVEMENT AND EDUCATING COMMUNITIES ABOUT LITERACY ISSUES (RED SOX/CELTICS GAMES).
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	55742
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	86171
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	25331
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MA
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	45069
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	86171
IRS990EZ/TotalProgramServiceExpensesAmt	0	86171
IRS990EZ/TotalRevenueAmt	0	55742
IRS990EZ/TransactionWithControlEntInd	0	0
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.READINGMATTERS.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	55742
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	50760
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	111400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	82192
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	107848
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	407942
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	407942
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	0
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	55742
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	50760
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	111400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	82192
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	107848
IRS990ScheduleA/Total509Grp/TotalAmt	0	407942
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	55742
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	50760
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	111400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	82192
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	107848
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	407942
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 60,429.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 45,069. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc	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	2016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	ROBERT DUFFY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	6177427950
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2015-02-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	READING MATTERS INC
ReturnHeader/Filer/BusinessNameControlTxt	0	READ
ReturnHeader/Filer/EIN	0	141859485
ReturnHeader/Filer/PhoneNum	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/PreparerFirmGrp/PreparerFirmEIN	0	043121055
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	KIRKLAND ALBRECHT & FREDRICKSON LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	10 FORBES ROAD WEST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	BRAINTREE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	02184
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7813562000
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2015-02-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	MICHAEL HINCHEY
ReturnHeader/ReturnTs	0	2015-02-26T13:51:10-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-07-01
ReturnHeader/TaxPeriodEndDt	0	2014-06-30
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $38,338
Liabilities: $0
Net assets: $38,338
Revenue: $55,742
Expenses: $86,171
Net income: -$30,429

	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
2014Detailed filing. Detailed filing data is available for this year.	$0.38	$0.00	$0.38	$0.56	$0.86	$0.30
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$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