Civic Intelligence

Read2Succeed Inc

990 • Fiscal year 2015 • EIN 20-3142692

Jul 01, 2014 to Jun 30, 2015

Palmetto Bay, FL
Siviq Scores

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

Liabilities / Assets

96th percentile

1.44x

Higher debt load relative to assets than 96% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

0.31x

Higher debt load relative to revenue than 78% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

14th percentile

-20%

Higher net margin than 14% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

5th percentile

-34%

Faster asset growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

11th percentile

-30%

Faster revenue growth than 11% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$129,689

Down $66,765 (-34%) from 2014

Net Assets

Down

-$57,335

Down $119,109 (-193%) from 2014

Liabilities

Up

$187,024

Up $52,344 (+39%) from 2014

Revenue

Down

$606,988

Down $255,860 (-30%) from 2014

Expenses

Down

$726,097

Down $120,959 (-14%) from 2014

Net Income

Down

-$119,109

Down $134,901 (-854%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2011: $42,911Liabilities 2011: $63,580Net Assets 2011: -$20,6692011Assets 2012: $45,034Liabilities 2012: $38,678Net Assets 2012: $6,3562012Assets 2013: $153,901Liabilities 2013: $107,919Net Assets 2013: $45,9822013Assets 2014: $196,454Liabilities 2014: $134,680Net Assets 2014: $61,7742014Assets 2015: $129,689Liabilities 2015: $187,024Net Assets 2015: -$57,3352015Assets 2016: $155,853Liabilities 2016: $155,960Net Assets 2016: -$1072016Assets 2017: $82,210Liabilities 2017: $159,098Net Assets 2017: -$76,8882017Assets 2018: $215,680Liabilities 2018: $345,571Net Assets 2018: -$129,8912018Assets 2019: $133,856Liabilities 2019: $299,406Net Assets 2019: -$165,5502019

Highlighted filing

2015

Assets$129,689
Liabilities$187,024
Net Assets-$57,335

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $607,4012011Expenses 2012: $498,9872012Expenses 2013: $686,3452013Revenue 2014: $862,848Expenses 2014: $847,056Net Income 2014: $15,7922014Revenue 2015: $606,988Expenses 2015: $726,097Net Income 2015: -$119,1092015Revenue 2016: $925,164Expenses 2016: $867,936Net Income 2016: $57,2282016Revenue 2017: $685,640Expenses 2017: $762,421Net Income 2017: -$76,7812017Revenue 2018: $553,481Expenses 2018: $599,071Net Income 2018: -$45,5902018Revenue 2019: $510,936Expenses 2019: $546,597Net Income 2019: -$35,6612019

Highlighted filing

2015

Revenue$606,988
Expenses$726,097
Net Income-$119,109
Filing Detail Status

This 2015 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Mission and Program Overview

Mission

To motivate and support children, families, and teachers to achieve success through the power of books. Please read the brochure attached to and made a part of the return through this statement.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings