Civic Intelligence

Reading Matters Inc

990EZ • Fiscal year 2017 • EIN 14-1859485

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 13, 2018

Organization ProfileWWW.READINGMATTERS.ORG
2 Heritage Drive 8th FloorQuincy, MA 02171-2119

(617) 878-8000

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

38th percentile

-0.9%

Higher net margin than 38% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

44th percentile

-0.3%

Faster asset growth than 44% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

4th percentile

-77%

Faster revenue growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$19,073

Down $50 (-0.3%) from 2016

Net Assets

Down

$19,073

Down $50 (-0.3%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin38th percentile

Revenue

Down

$5,859

Down $19,190 (-77%) from 2016

Expenses

Down

$5,909

Down $19,129 (-76%) from 2016

Net Income

Down

-$50

Down $61 (-555%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$150K$100K$50K$0Assets 2010: $27,466Liabilities 2010: $4,666Net Assets 2010: $22,8002010Assets 2011: $68,679Liabilities 2011: $4,9722011Assets 2012: $107,881Liabilities 2012: $20,469Net Assets 2012: $87,4122012Assets 2013: $113,836Liabilities 2013: $45,069Net Assets 2013: $68,7672013Assets 2014: $38,338Liabilities 2014: $0Net Assets 2014: $38,3382014Assets 2015: $19,367Liabilities 2015: $255Net Assets 2015: $19,1122015Assets 2016: $19,123Liabilities 2016: $0Net Assets 2016: $19,1232016Assets 2017: $19,073Liabilities 2017: $0Net Assets 2017: $19,0732017

Highlighted filing

2017

Assets$19,073
Liabilities$0
Net Assets$19,073
Open 2017 Filing

Operations Trend

Revenue Growth4th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $107,848Expenses 2010: $105,807Net Income 2010: $2,0412010Revenue 2011: $82,192Expenses 2011: $41,285Net Income 2011: $40,9072011Revenue 2012: $111,400Expenses 2012: $87,695Net Income 2012: $23,7052012Revenue 2013: $50,760Expenses 2013: $69,405Net Income 2013: -$18,6452013Revenue 2014: $55,742Expenses 2014: $86,171Net Income 2014: -$30,4292014Revenue 2015: $56,038Expenses 2015: $75,264Net Income 2015: -$19,2262015Revenue 2016: $25,049Expenses 2016: $25,038Net Income 2016: $112016Revenue 2017: $5,859Expenses 2017: $5,909Net Income 2017: -$502017

Highlighted filing

2017

Revenue$5,859
Expenses$5,909
Net Income-$50
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 13, 2018
Return Version
2016v3.0
Gross Receipts
$5,859
Mission and Program Overview

Mission

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

Program Services

DescriptionGrantsExpenses
VARIOUS READING INITIATIVES RAISING COMMUNITIES' AWARENESS, INCREASING COMMUNITY INVOLVEMENT AND EDUCATING COMMUNITIES ABOUT LITERACY ISSUES (RED SOX/CELTICS GAMES).$0$5,909
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT DUFFYPresident-$0--
ANN CLARKETreasurer And Secretary-$0--
KATHLEEN CONWAYDirector-$0--
JAMES SACKSDirector-$0--
BARBARA MADELONIDirector-$0--
ERIK CHAMPYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Reading Matters Inc
EIN
14-1859485
Phone
6178788000
Address
2 HERITAGE DRIVE 8TH FLOOR, QUINCY, MA 02171-2119

Signing Officer

Name
Robert Duffy
Title
President
Phone
6178788000
Signed
2018-02-13
Discuss with paid preparer
Yes

Preparer

Firm
Citrin Cooperman & Company Llp
Address
10 FORBES ROAD WEST, BRAINTREE, MA 02184
Preparer
Edward Berardi CPA Jd
Phone
7813562000
Supplemental Narrative

Additional Explanations

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

“Description: program expenses. Amount: 50.”

Raw XML Appendix168 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0KATHLEEN CONWAY
IRS990EZ/BooksInCareOfDetail/PhoneNum06178788309
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02 HERITAGE DRIVE 8TH FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0QUINCY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0021712119
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt019123
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt019073
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt05859
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-50
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt019123
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IRS990EZ/GrossReceiptsAmt05859
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019123
IRS990EZ/NetAssetsOrFundBalancesEOYAmt019073
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019123
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt019073
IRS990EZ/OccupancyRentUtltsAndMaintAmt060
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT DUFFY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANN CLARKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KATHLEEN CONWAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAMES SACKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BARBARA MADELONI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ERIK CHAMPY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER AND SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt050
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE AND CARRY OUT THE MISSION OF IMPROVING LITERACY IN THE COMMONWEALTH OF MASSACHUSETTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0VARIOUS READING INITIATIVES RAISING COMMUNITIES' AWARENESS, INCREASING COMMUNITY INVOLVEMENT AND EDUCATING COMMUNITIES ABOUT LITERACY ISSUES (RED SOX/CELTICS GAMES).
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05909
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt05799
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt05909
IRS990EZ/TotalProgramServiceExpensesAmt05909
IRS990EZ/TotalRevenueAmt05859
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.READINGMATTERS.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05859
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt025049
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt056038
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt055742
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt050760
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0193448
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0193448
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05859
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt025049
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt056038
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt055742
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt050760
IRS990ScheduleA/Total509Grp/TotalAmt0193448
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05859
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt025049
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt056038
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt055742
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt050760
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0193448
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 50.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT DUFFY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06178788000
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0READING MATTERS INC
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0141859485
ReturnHeader/Filer/PhoneNum06178788000
ReturnHeader/Filer/USAddress/AddressLine1Txt02 HERITAGE DRIVE 8TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0QUINCY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0021712119
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00851366FEBDB20426FE92869CBCA3E0BB5C33DFA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05880A28AA9332D04D385B68362B6C477A5C6CCB9
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.108.113.34
ReturnHeader/FilingSecurityInformation/IPDt02018-02-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm011:25:27
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222428965
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CITRIN COOPERMAN & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 FORBES ROAD WEST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRAINTREE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002184
ReturnHeader/PreparerPersonGrp/PhoneNum07813562000
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDWARD BERARDI CPA JD
ReturnHeader/ReturnTs02018-02-14T13:44:07-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,073
Liabilities
$0
Net assets
$19,073
Revenue
$5,859
Expenses
$5,909
Net income
-$50
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$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
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