Civic Intelligence

Read and Feed

990 • Fiscal year 2018 • EIN 20-3246207

Jan 01, 2018 to Dec 31, 2018

Organization Profilereadandfeed.org
Cary, NC
Siviq Scores

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

Liabilities / Assets

49th percentile

0.02x

Higher debt load relative to assets than 49% of similar nonprofits.

2018 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

64th percentile

0.04x

Higher debt load relative to revenue than 64% of similar nonprofits.

2018 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2018

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

2018 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

22nd percentile

-8.9%

Faster asset growth than 22% of similar nonprofits.

2018 filings • NTEE P20 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

19th percentile

-15%

Faster revenue growth than 19% of similar nonprofits.

2018 filings • NTEE P20 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$667,946

Down $65,366 (-8.9%) from 2017

Net Assets

Down

$652,801

Down $72,569 (-10%) from 2017

Liabilities

Up

$15,145

Up $7,203 (+91%) from 2017

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin21st percentile

Revenue

Down

$373,677

Down $67,876 (-15%) from 2017

Expenses

Up

$422,939

Up $66,163 (+19%) from 2017

Net Income

Down

-$49,262

Down $134,039 (-158%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$1.5M$1.0M$500K$0Assets 2011: $79,778Liabilities 2011: $1,045Net Assets 2011: $78,7332011Assets 2012: $130,471Liabilities 2012: $5,422Net Assets 2012: $125,0492012Assets 2013: $225,054Liabilities 2013: $0Net Assets 2013: $225,0542013Assets 2014: $239,918Liabilities 2014: $0Net Assets 2014: $239,9182014Assets 2015: $271,826Liabilities 2015: $0Net Assets 2015: $271,8262015Assets 2016: $470,892Liabilities 2016: $0Net Assets 2016: $470,8922016Assets 2017: $733,312Liabilities 2017: $7,942Net Assets 2017: $725,3702017Assets 2018: $667,946Liabilities 2018: $15,145Net Assets 2018: $652,8012018Assets 2019: $527,904Liabilities 2019: $11,047Net Assets 2019: $516,8572019Assets 2020: $548,391Liabilities 2020: $16,766Net Assets 2020: $531,6252020Assets 2021: $635,430Liabilities 2021: $26,079Net Assets 2021: $609,3512021Assets 2022: $1,230,030Liabilities 2022: $13,452Net Assets 2022: $1,216,5782022Assets 2023: $989,360Liabilities 2023: $53,395Net Assets 2023: $935,9652023

Highlighted filing

2018

Assets$667,946
Liabilities$15,145
Net Assets$652,801
Open 2018 Filing

Operations Trend

Revenue Growth19th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $106,137Expenses 2011: $134,194Net Income 2011: -$28,0572011Revenue 2012: $227,510Expenses 2012: $181,194Net Income 2012: $46,3162012Revenue 2013: $346,189Expenses 2013: $246,184Net Income 2013: $100,0052013Revenue 2014: $270,182Expenses 2014: $260,453Net Income 2014: $9,7292014Revenue 2015: $291,792Expenses 2015: $259,508Net Income 2015: $32,2842015Revenue 2016: $515,947Expenses 2016: $316,881Net Income 2016: $199,0662016Revenue 2017: $441,553Expenses 2017: $356,776Net Income 2017: $84,7772017Revenue 2018: $373,677Expenses 2018: $422,939Net Income 2018: -$49,2622018Revenue 2019: $177,566Expenses 2019: $240,203Net Income 2019: -$62,6372019Revenue 2020: $508,945Expenses 2020: $470,870Net Income 2020: $38,0752020Revenue 2021: $580,645Expenses 2021: $502,919Net Income 2021: $77,7262021Revenue 2022: $1,083,677Expenses 2022: $476,450Net Income 2022: $607,2272022Revenue 2023: $628,125Expenses 2023: $468,739Net Income 2023: $159,3862023

Highlighted filing

2018

Revenue$373,677
Expenses$422,939
Net Income-$49,262
Open 2018 Filing
Filing Detail Status

This 2018 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2023)
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Mission and Program Overview

Mission

Read and Feed is a non-profit whose mission is to give low-income children an appetite for reading. We partner with elementary schools, churches, community centers and other non-profit organizations to identify at-risk children in grades K-5 who have fallen behind in reading proficiency. We take our mobile classrooms into the community four nights a week for 33 weeks to feed and tutor these children.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$667,946
Liabilities
$15,145
Net assets
$652,801
Revenue
$373,677
Expenses
$422,939
Net income
-$49,262
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.99$0.05$0.94$0.63$0.47$0.16
2022Detailed filing. Detailed filing data is available for this year.$1.23$0.01$1.22$1.08$0.48$0.61
2021Detailed filing. Detailed filing data is available for this year.$0.64$0.03$0.61$0.58$0.50$0.08
2020Summary only. Only limited summary data is available for this year.$0.55$0.02$0.53$0.51$0.47$0.04
2019Summary only. Only limited summary data is available for this year.$0.53$0.01$0.52$0.18$0.24$0.06
2018Summary only. Only limited summary data is available for this year.$0.67$0.02$0.65$0.37$0.42$0.05
2017Summary only. Only limited summary data is available for this year.$0.73$0.01$0.73$0.44$0.36$0.08
2016Summary only. Only limited summary data is available for this year.$0.47$0.00$0.47$0.52$0.32$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.29$0.26$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.27$0.26$0.01
2013Summary only. Only limited summary data is available for this year.$0.23$0.00$0.23$0.35$0.25$0.10
2012Summary only. Only limited summary data is available for this year.$0.13$0.01$0.13$0.23$0.18$0.05
2011Summary only. Only limited summary data is available for this year.$0.08$0.00$0.08$0.11$0.13$0.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $500k-$1M nonprofits