Civic Intelligence

Read to Succeed Inc.

990EZ • Fiscal year 2014 • EIN 20-0175948

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 11, 2014

PO Box 1216137129

(615) 867-0581

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.24x

Higher debt load relative to assets than 83% of similar nonprofits.

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

Liabilities / Revenue

83rd percentile

0.13x

Higher debt load relative to revenue than 83% of similar nonprofits.

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

Net Margin

64th percentile

9.9%

Higher net margin than 64% of similar nonprofits.

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

Top Officer Pay

74th percentile

$0

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

Asset Growth

64th percentile

12%

Faster asset growth than 64% of similar nonprofits.

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

Revenue Growth

85th percentile

48%

Faster revenue growth than 85% of similar nonprofits.

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

Assets

Up

$85,694

Up $8,948 (+12%) from 2013

Net Assets

Up

$65,334

Up $16,154 (+33%) from 2013

Liabilities

Down

$20,360

Down $7,206 (-26%) from 2013

Revenue

Up

$161,302

Up $52,346 (+48%) from 2013

Expenses

Down

$145,305

Down $12,423 (-7.9%) from 2013

Net Income

Up

$15,997

Up $64,769 (+133%) from 2013

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2012: $96,312Liabilities 2012: $1,656Net Assets 2012: $94,6562012Assets 2013: $76,746Liabilities 2013: $27,566Net Assets 2013: $49,1802013Assets 2014: $85,694Liabilities 2014: $20,360Net Assets 2014: $65,3342014Assets 2015: $64,443Liabilities 2015: $14,140Net Assets 2015: $50,3032015Assets 2016: $97,288Liabilities 2016: $61,3952016Assets 2018: $83,186Liabilities 2018: $48,000Net Assets 2018: $35,1862018Assets 2019: $94,962Liabilities 2019: $32,500Net Assets 2019: $62,4622019Assets 2020: $77,485Liabilities 2020: $36,682Net Assets 2020: $40,8032020Assets 2021: $69,914Liabilities 2021: $2,480Net Assets 2021: $67,4342021Assets 2022: $86,205Liabilities 2022: $3,167Net Assets 2022: $83,0382022Assets 2023: $105,871Liabilities 2023: $0Net Assets 2023: $105,8712023Assets 2024: $113,989Liabilities 2024: $0Net Assets 2024: $113,9892024Assets 2025: $45,685Liabilities 2025: $123Net Assets 2025: $45,5622025

Highlighted filing

2014

Assets$85,694
Liabilities$20,360
Net Assets$65,334

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $139,899Expenses 2012: $117,428Net Income 2012: $22,4712012Revenue 2013: $108,956Expenses 2013: $157,728Net Income 2013: -$48,7722013Revenue 2014: $161,302Expenses 2014: $145,305Net Income 2014: $15,9972014Revenue 2015: $163,197Expenses 2015: $178,413Net Income 2015: -$15,2162015Revenue 2016: $166,305Expenses 2016: $180,682Net Income 2016: -$14,3772016Revenue 2018: $216,027Expenses 2018: $223,854Net Income 2018: -$7,8272018Revenue 2019: $244,401Expenses 2019: $217,125Net Income 2019: $27,2762019Revenue 2020: $192,275Expenses 2020: $213,934Net Income 2020: -$21,6592020Revenue 2021: $219,564Expenses 2021: $192,932Net Income 2021: $26,6322021Revenue 2022: $215,070Expenses 2022: $199,465Net Income 2022: $15,6052022Revenue 2023: $235,409Expenses 2023: $212,576Net Income 2023: $22,8332023Revenue 2024: $230,802Expenses 2024: $222,685Net Income 2024: $8,1172024Revenue 2025: $194,631Expenses 2025: $263,056Net Income 2025: -$68,4252025

Highlighted filing

2014

Revenue$161,302
Expenses$145,305
Net Income$15,997
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 11, 2014
Return Version
2013v3.1
Gross Receipts
$164,965
Mission and Program Overview

Mission

To improve lives in rutherford county for adults and children by offering free literacy programs and events.

To foster literacy in Rutherford County

Program Services

DescriptionGrantsExpenses
Family Literacy Program for pre-school elementary children and their parents to teach the importance of reading together and provide literacy support and resources.-$10,044
Adult Literacy Addresses the basis literacy needs of adults in Rutherford County who want to develop their skills for personal and/or career development. It provides one-on-on tutoring for adults to meet individual goals.-$5,464
Literacy Day Kicked off 2013-2014 school year with over 300 people marching from Central Magnet School to the Civic Plaza. Literacy games, school supplies, books, coats, food and community services were available to all.-$2,777
RISD/Reading Rallies Program that encourages adults, parents, and children to read.-$721
Unplug and Read Engages adults, businesses, parents, and children in the joys of reading and to educate the community on the importance of reading.-$600
Community Read/One Book Challenges the citizens of Rutherford County to come together and read a selected book.-$352
Read to Bee Annual championship spelling bee for 6th grade students in Rutherford county. Twenty-one spellers competed.-$324
Program Orientation Programs to orientate volunteers for all the programs offered.-$143
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve DanielPresident-$0--
Brian ColemanVice President-$0--
Don ClaytonSecretary-$0--
Beverley HamblinTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$62,258$62,258$3,663$58,595
Total Events$62,258$62,258$3,663$58,595
Filing and Contact Details

Filer

EIN
20-0175948
Phone
6158670581

Signing Officer

Name
Steve Daniel
Title
President
Signed
2014-11-11
Discuss with paid preparer
No

Preparer

Preparer
Shannon Treece
Phone
6152201184
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part III, Line 31

Literacy Day Kicked off 2013-2014 school year with over 300 people marching from Central Magnet School to the Civic Plaza. Literacy games, school supplies, books, coats, food and community services were available to all. Grants and allocations 0, Program service expenses 2,777

Form 990-EZ, Part III, Line 31

Read to Bee Annual championship spelling bee for 6th grade students in Rutherford county. Twenty-one spellers competed. Grants and allocations 0, Program service expenses 324

Form 990-EZ, Part III, Line 31

RISD/Reading Rallies Program that encourages adults, parents, and children to read. Grants and allocations 0, Program service expenses 721

Form 990-EZ, Part III, Line 31

Unplug and Read Engages adults, businesses, parents, and children in the joys of reading and to educate the community on the importance of reading. Grants and allocations 0, Program service expenses 600

Form 990-EZ, Part III, Line 31

Program Orientation Programs to orientate volunteers for all the programs offered. Grants and allocations 0, Program service expenses 143

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

Travel 720

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

Telephone 1,858

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

Dues Publications 499

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

Insurance 425

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

Legal and Accounting 622

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

Office Supplies 2,106

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

Professional Development 629

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

Website 558

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

Advertising 1,563

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

Miscellaneous 279

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

Program Expenses 20,425

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

Administrative 1,130

Form 990-EZ, Part I, Line 20, Net Assets

Prior Period Adjustment 157

Form 990-EZ, Part II, Line 26, Liabilities

Payroll Withholding Beginning of year 1,893, End of year 1,860

Form 990-EZ, Part II, Line 26, Liabilities

Deferred Revenue Beginning of year 25,673, End of year 18,500

Raw XML Appendix212 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/State0TN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Brian Coleman
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Community Read/One Book Challenges the citizens of Rutherford County to come together and read a selected book.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Family Literacy Program for pre-school elementary children and their parents to teach the importance of reading together and provide literacy support and resources.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Literacy Day Kicked off 2013-2014 school year with over 300 people marching from Central Magnet School to the Civic Plaza. Literacy games, school supplies, books, coats, food and community services were available to all.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt4Read to Bee Annual championship spelling bee for 6th grade students in Rutherford county. Twenty-one spellers competed.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt5RISD/Reading Rallies Program that encourages adults, parents, and children to read.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt6Unplug and Read Engages adults, businesses, parents, and children in the joys of reading and to educate the community on the importance of reading.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt7Program Orientation Programs to orientate volunteers for all the programs offered.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05464
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.readtosucceed.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0161173
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0104012
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0137095
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0116683
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt086101
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0605064
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0129
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0161
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07503
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IRS990ScheduleA/TotalSupportAmt0618509
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0Celebrity Bee
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt058595
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03663
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Literacy Day Kicked off 2013-2014 school year with over 300 people marching from Central Magnet School to the Civic Plaza. Literacy games, school supplies, books, coats, food and community services were available to all. Grants and allocations 0, Program service expenses 2,777
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Read to Bee Annual championship spelling bee for 6th grade students in Rutherford county. Twenty-one spellers competed. Grants and allocations 0, Program service expenses 324
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RISD/Reading Rallies Program that encourages adults, parents, and children to read. Grants and allocations 0, Program service expenses 721
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Unplug and Read Engages adults, businesses, parents, and children in the joys of reading and to educate the community on the importance of reading. Grants and allocations 0, Program service expenses 600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Program Orientation Programs to orientate volunteers for all the programs offered. Grants and allocations 0, Program service expenses 143
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Travel 720
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Telephone 1,858
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Dues Publications 499
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Insurance 425
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Legal and Accounting 622
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Office Supplies 2,106
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Professional Development 629
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Website 558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Advertising 1,563
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Miscellaneous 279
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Program Expenses 20,425
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Administrative 1,130
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Prior Period Adjustment 157
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Payroll Withholding Beginning of year 1,893, End of year 1,860
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Deferred Revenue Beginning of year 25,673, End of year 18,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Steve Daniel
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine10Read to Succeed Inc
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0200175948
ReturnHeader/Filer/PhoneNum06158670581
ReturnHeader/Filer/USAddress/AddressLine10PO Box 12161
ReturnHeader/Filer/USAddress/City0Murfreesboro
ReturnHeader/Filer/USAddress/State0TN
ReturnHeader/Filer/USAddress/ZIPCode037129
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Shannon Treece CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10603 High Ridge Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Smyrna
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode037167
ReturnHeader/PreparerPersonGrp/PhoneNum06152201184
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Shannon Treece
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-11-11T03:51:14-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.00$0.46$1.95$2.63$0.68
2024Summary only. Only limited summary data is available for this year.$1.14$0.00$1.14$2.31$2.23$0.08
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.00$1.06$2.35$2.13$0.23
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.03$0.83$2.15$1.99$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.02$0.67$2.20$1.93$0.27
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.37$0.41$1.92$2.14$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.33$0.62$2.44$2.17$0.27
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.48$0.35$2.16$2.24$0.08
2016Summary only. Only limited summary data is available for this year.$0.97$0.61$1.66$1.81$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.14$0.50$1.63$1.78$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.86$0.20$0.65$1.61$1.45$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.28$0.49$1.09$1.58$0.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.02$0.95$1.40$1.17$0.22