Civic Intelligence

Read to a Child Inc.

990 • Fiscal year 2017 • EIN 20-3526239

Oct 01, 2016 to Sep 30, 2017 • Filed on Aug 02, 2018

Organization ProfileREADTOACHILD.ORG
20 William Street No G25Wellesley, MA 02481

(781) 489-5910

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.19x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

52nd percentile

0.11x

Higher debt load relative to revenue than 52% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

30th percentile

-3.3%

Higher net margin than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

74th percentile

$113,825

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

16th percentile

-6.3%

Faster asset growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

50th percentile

4.5%

Faster revenue growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Down

$641,186

Down $43,160 (-6.3%) from 2016

Net Assets

Down

$518,120

Down $38,417 (-6.9%) from 2016

Liabilities

Down

$123,066

Down $4,743 (-3.7%) from 2016

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin30th percentile

Revenue

Up

$1,159,698

Up $49,942 (+4.5%) from 2016

Expenses

Up

$1,198,115

Up $120,617 (+11%) from 2016

Net Income

Down

-$38,417

Down $70,675 (-219%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $211,426Liabilities 2010: $1,173Net Assets 2010: $210,2532010Assets 2011: $133,618Liabilities 2011: $02011Assets 2012: $230,887Liabilities 2012: $31,526Net Assets 2012: $199,3612012Assets 2013: $494,642Liabilities 2013: $91,324Net Assets 2013: $403,3182013Assets 2014: $531,534Liabilities 2014: $105,148Net Assets 2014: $426,3862014Assets 2015: $613,905Liabilities 2015: $89,626Net Assets 2015: $524,2792015Assets 2016: $684,346Liabilities 2016: $127,809Net Assets 2016: $556,5372016Assets 2017: $641,186Liabilities 2017: $123,066Net Assets 2017: $518,1202017Assets 2018: $633,196Liabilities 2018: $105,512Net Assets 2018: $527,6842018Assets 2019: $634,682Liabilities 2019: $117,451Net Assets 2019: $517,2312019Assets 2020: $626,849Liabilities 2020: $404,646Net Assets 2020: $222,2032020Assets 2021: $797,301Liabilities 2021: $317,703Net Assets 2021: $479,5982021Assets 2022: $773,901Liabilities 2022: $63,458Net Assets 2022: $710,4432022Assets 2023: $979,260Liabilities 2023: $77,684Net Assets 2023: $901,5762023Assets 2024: $1,013,686Liabilities 2024: $45,265Net Assets 2024: $968,4212024Assets 2025: $1,049,975Liabilities 2025: $66,657Net Assets 2025: $983,3182025

Highlighted filing

2017

Assets$641,186
Liabilities$123,066
Net Assets$518,120
Open 2017 Filing

Operations Trend

Revenue Growth50th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $394,159Expenses 2010: $263,610Net Income 2010: $130,5492010Revenue 2011: $83,574Expenses 2011: $160,971Net Income 2011: -$77,3972011Expenses 2012: $303,2992012Revenue 2013: $955,953Expenses 2013: $752,601Net Income 2013: $203,3522013Revenue 2014: $922,869Expenses 2014: $898,723Net Income 2014: $24,1462014Revenue 2015: $1,070,520Expenses 2015: $972,057Net Income 2015: $98,4632015Revenue 2016: $1,109,756Expenses 2016: $1,077,498Net Income 2016: $32,2582016Revenue 2017: $1,159,698Expenses 2017: $1,198,115Net Income 2017: -$38,4172017Revenue 2018: $1,244,996Expenses 2018: $1,235,432Net Income 2018: $9,5642018Revenue 2019: $1,328,725Expenses 2019: $1,339,178Net Income 2019: -$10,4532019Revenue 2020: $930,861Expenses 2020: $1,225,860Net Income 2020: -$294,9992020Revenue 2021: $1,403,928Expenses 2021: $1,146,503Net Income 2021: $257,4252021Revenue 2022: $1,536,709Expenses 2022: $1,305,864Net Income 2022: $230,8452022Revenue 2023: $1,665,524Expenses 2023: $1,474,391Net Income 2023: $191,1332023Revenue 2024: $1,546,531Expenses 2024: $1,479,686Net Income 2024: $66,8452024Revenue 2025: $1,546,528Expenses 2025: $1,531,631Net Income 2025: $14,8972025

Highlighted filing

2017

Revenue$1,159,698
Expenses$1,198,115
Net Income-$38,417
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Aug 2, 2018
Return Version
2016v3.0
Gross Receipts
$1,206,562
Mission and Program Overview

Mission

Read to a child's mission is to foster a love of reading, improve literacy skills and support socio-emotional well-being in students from under-resourced communities.

Children's literacy & mentoring

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$416,921$476,082▲ $59,161
Savings and Temporary Cash Investments$161,730$112,377▼ $49,353
Pledges and Grants Receivable$79,036$41,652▼ $37,384
Prepaid Expenses and Deferred Charges$8,986$7,145▼ $1,841
Land, Buildings, and Equipment, Net$17,673$3,930▼ $13,743
Total Assets$684,346$641,186▼ $43,160
Liabilities
Deferred Revenue$74,000$73,250▼ $750
Accounts Payable and Accrued Expenses$53,809$49,816▼ $3,993
Total Liabilities$127,809$123,066▼ $4,743
Net Assets / Fund Balance
Unrestricted Net Assets$430,249$435,099▲ $4,850
Temporarily Rstr Net Assets$126,288$83,021▼ $43,267
Total Net Assets Fund Balance$556,537$518,120▼ $38,417
Total Liabilities and Net Assets / Fund Balance$684,346$641,186▼ $43,160

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,930$35,370$39,300
Equipment$0$17,650$17,650
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul LamoureuxCEOFT$101,101$12,724$113,825

Board Members and Trustees

NameTitle
Mark TariniChair
Brett BarfieldDirector
David BrewerDirector
Desiree IveyDirector
Phil Harrell Through Jan 2017Director
Ruth BramsonDirector
Tecla Palli-sandlerDirector
Tracey Pearce Through May 2017Director
Julie SolomonSecretary
Peter NechelesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,134,033
Program Service Revenue
$0
Investment Income
$648
Other Revenue
$25,017
All Other Contributions
$875,756
Change in Net Assets
$-38,417

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,159,698
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$127,519
Total Revenue per Audited Statements
$1,287,217
Total Revenue per Form 990
$1,159,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,017,530
Total Fundraising Expense$189,171
Other Expenses$180,585
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$588,479$84,932$98,245$771,656
Current Officers, Directors, Trustees, and Key Employees$85,368$17,074$11,383$113,825
Payroll Taxes$58,658$8,102$9,471$76,231
Fees for Services Other$17,453$948$52,691$71,092
Other Employee Benefits$42,123$9,088$4,607$55,818
Depreciation Depletion$11,775$948$1,020$13,743
Fees for Services Accounting-$11,830-$11,830
Other Expenses$6,830$405$2,188$9,423
All Other Expenses$2,057$3,752$446$6,255
Insurance$4,715$509$679$5,903
Conferences and Meetings$2,734$154$202$3,090
Occupancy$655$30-$685
Total Functional Expenses$867,842$141,102$189,171$1,198,115

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,325,634
Expenses per Audited Statements$1,198,115
Total Expenses per Form 990$1,198,115
Expenses Not Reported on Form 990$127,519
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$71,881
Fundraising Direct Expenses$46,864
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Boston Gala$200,678$51,058$23,537$27,521
Los Angeles Event$57,565$6,580$10,733$-4,153
Total Events$330,158$71,881$46,864$25,017
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 is provided to the board of directors. It is reviewed and approved prior to the filing of the return.”

Form 990, Part VI, Section B, Line 12C

“The organization has a written conflict of interest policy that has been reviewed and adopted by the board of directors. New board members and employees are provided a copy of the policy.”

Form 990, Part VI, Section B, Line 15

“Members of the executive committee of the board of directors gather all pertinent compensation information, perform an annual review and authorize compensation at the executive level of management. The compensation of the ceo is further reviewed and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“All required documents that are to be made available to the general public are available upon request.”

Filing and Contact Details

Filer

Filer Name
Read to a Child Inc
EIN
20-3526239
Phone
7814895910
Address
20 WILLIAM STREET NO G25, WELLESLEY, MA 02481

Signing Officer

Name
Paul Lamoureux
Title
Chief Executive Officer
Phone
7814895910
Signed
2018-08-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Lamoureux
Formed
2005
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
10
Employees
60
Volunteers
1,701

Preparer

Firm
Murphy Edwards Goncalves & Ferrera Pc
Address
144 TURNPIKE ROAD SUITE 340, SOUTHBORO, MA 01772
Preparer
Jennifer L Ferrera CPA
Phone
5082297900
Raw XML AppendixShowing 400 of 484 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt053809
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt049816
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CHILDREN'S LITERACY & MENTORING
IRS990/AllOtherContributionsAmt0875756
IRS990/AllOtherExpensesGrp/FundraisingAmt0446
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03752
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02057
IRS990/AllOtherExpensesGrp/TotalAmt06255
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PAUL LAMOUREUX
IRS990/BooksInCareOfDetail/PhoneNum07814895910
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt020 WILLIAM STREET STE G25
IRS990/BooksInCareOfDetail/USAddress/CityNm0WELLESLEY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002481
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0416921
IRS990/CashNonInterestBearingGrp/EOYAmt0476082
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt011383
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt017074
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt085368
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0113825
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt0202
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0154
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02734
IRS990/ConferencesMeetingsGrp/TotalAmt03090
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0258277
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01134033
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0648
IRS990/CYOtherExpensesAmt0180585
IRS990/CYOtherRevenueAmt025017
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-38417
IRS990/CYSalariesCompEmpBnftPaidAmt01017530
IRS990/CYTotalExpensesAmt01198115
IRS990/CYTotalFundraisingExpenseAmt0189171
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01159698
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt074000
IRS990/DeferredRevenueGrp/EOYAmt073250
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt01020
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0948
IRS990/DepreciationDepletionGrp/ProgramServicesAmt011775
IRS990/DepreciationDepletionGrp/TotalAmt013743
IRS990/Desc0THE MISSION IS TO FOSTER A LOVE OF READING, IMPROVE LITERACY SKILLS AND EMPOWER UNDERSERVED CHILDREN BY INSPIRING ADULTS TO READ TO THEM REGULARLY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt060
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0867842
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011830
IRS990/FeesForServicesAccountingGrp/TotalAmt011830
IRS990/FeesForServicesOtherGrp/FundraisingAmt052691
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0948
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt017453
IRS990/FeesForServicesOtherGrp/TotalAmt071092
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt412724
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0MARK TARINI
IRS990/Form990PartVIISectionAGrp/PersonNm1PETER NECHELES
IRS990/Form990PartVIISectionAGrp/PersonNm2JULIE SOLOMON
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID BREWER
IRS990/Form990PartVIISectionAGrp/PersonNm4PAUL LAMOUREUX
IRS990/Form990PartVIISectionAGrp/PersonNm5TECLA PALLI-SANDLER
IRS990/Form990PartVIISectionAGrp/PersonNm6BRETT BARFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm7RUTH BRAMSON
IRS990/Form990PartVIISectionAGrp/PersonNm8DESIREE IVEY
IRS990/Form990PartVIISectionAGrp/PersonNm9TRACEY PEARCE THROUGH MAY 2017
IRS990/Form990PartVIISectionAGrp/PersonNm10PHIL HARRELL THROUGH JAN 2017
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4101101
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0258277
IRS990/FundraisingDirectExpensesAmt046864
IRS990/FundraisingGrossIncomeAmt071881
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01206562
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt0679
IRS990/InsuranceGrp/ManagementAndGeneralAmt0509
IRS990/InsuranceGrp/ProgramServicesAmt04715
IRS990/InsuranceGrp/TotalAmt05903
IRS990/InvestmentIncomeGrp/ExclusionAmt0648
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0648
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt053020
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017673
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03930
IRS990/LandBldgEquipCostOrOtherBssAmt056950
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION IS TO FOSTER A LOVE OF READING, IMPROVE LITERACY SKILLS AND EMPOWER UNDERSERVED CHILDREN BY INSPIRING ADULTS TO READ TO THEM REGULARLY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0556537
IRS990/NetAssetsOrFundBalancesEOYAmt0518120
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt025017
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt025017
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt030
IRS990/OccupancyGrp/ProgramServicesAmt0655
IRS990/OccupancyGrp/TotalAmt0685
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04607
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09088
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt042123
IRS990/OtherEmployeeBenefitsGrp/TotalAmt055818
IRS990/OtherExpensesGrp/Desc0OFFICE AND TELECOMMUNIC
IRS990/OtherExpensesGrp/Desc1PROGRAM BOOKS AND SUPPL
IRS990/OtherExpensesGrp/Desc2VOLUNTEER TRANSPORTATIO
IRS990/OtherExpensesGrp/Desc3TRAVEL
IRS990/OtherExpensesGrp/FundraisingAmt08239
IRS990/OtherExpensesGrp/FundraisingAmt12188
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03330
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1405
IRS990/OtherExpensesGrp/ProgramServicesAmt014288
IRS990/OtherExpensesGrp/ProgramServicesAmt119105
IRS990/OtherExpensesGrp/ProgramServicesAmt213602
IRS990/OtherExpensesGrp/ProgramServicesAmt36830
IRS990/OtherExpensesGrp/TotalAmt025857
IRS990/OtherExpensesGrp/TotalAmt119105
IRS990/OtherExpensesGrp/TotalAmt213602
IRS990/OtherExpensesGrp/TotalAmt39423
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt098245
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084932
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0588479
IRS990/OtherSalariesAndWagesGrp/TotalAmt0771656
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt09471
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08102
IRS990/PayrollTaxesGrp/ProgramServicesAmt058658
IRS990/PayrollTaxesGrp/TotalAmt076231
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt079036
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt041652
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08986
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07145
IRS990/PrincipalOfficerNm0PAUL LAMOUREUX
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01093351
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01740
IRS990/PYOtherExpensesAmt0139722
IRS990/PYOtherRevenueAmt014665
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt032258
IRS990/PYSalariesCompEmpBnftPaidAmt0937776
IRS990/PYTotalExpensesAmt01077498
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01109756
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-38417
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0161730
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0112377
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01134033
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01093351
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01061173
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0922550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0936265
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05147372
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0648
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01740
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0603
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0600
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03612
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt025017
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt014964
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt08744
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0-281
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt019667
IRS990ScheduleA/OtherIncome170Grp/TotalAmt068111
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.88040
IRS990ScheduleA/PublicSupportPY170Pct00.90950
IRS990ScheduleA/PublicSupportTotal170Amt04594704
IRS990ScheduleA/SubstantialContributorsTotAmt0552668
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01134033
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01093351
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01061173
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0922550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0936265
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05147372
IRS990ScheduleA/TotalSupportAmt05219095
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0127519
IRS990ScheduleD/DonatedServicesUseFcltsAmt0127519
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017650
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017650
IRS990ScheduleD/ExpensesNotReportedAmt0127519
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01198115
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03930
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035370
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt039300
IRS990ScheduleD/RevenueNotReportedAmt0127519
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01159698
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03930
IRS990ScheduleD/TotalExpensesPerForm990Amt01198115
IRS990ScheduleD/TotalRevenuePerForm990Amt01159698
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01287217
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01325634
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0258277
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0149620
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt050985
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt057672
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt046864
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOSTON GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0LOS ANGELES EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0200678
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt057565
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt071915
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0330158
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt051058
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06580
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt014243
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt071881
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt025017
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt012594
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt046864
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt023537
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt010733
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS. IT IS REVIEWED AND APPROVED PRIOR TO THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT HAS BEEN REVIEWED AND ADOPTED BY THE BOARD OF DIRECTORS. NEW BOARD MEMBERS AND EMPLOYEES ARE PROVIDED A COPY OF THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS GATHER ALL PERTINENT COMPENSATION INFORMATION, PERFORM AN ANNUAL REVIEW AND AUTHORIZE COMPENSATION AT THE EXECUTIVE LEVEL OF MANAGEMENT. THE COMPENSATION OF THE CEO IS FURTHER REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL REQUIRED DOCUMENTS THAT ARE TO BE MADE AVAILABLE TO THE GENERAL PUBLIC ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/StatesWhereCopyOfReturnIsFldCd1CA
IRS990/StatesWhereCopyOfReturnIsFldCd2CT
IRS990/StatesWhereCopyOfReturnIsFldCd3FL
IRS990/StatesWhereCopyOfReturnIsFldCd4MI
IRS990/SubjectToProxyTaxInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$641,186
Liabilities
$123,066
Net assets
$518,120
Revenue
$1,159,698
Expenses
$1,198,115
Net income
-$38,417
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.05$0.07$0.98$1.55$1.53$0.01
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.05$0.97$1.55$1.48$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.08$0.90$1.67$1.47$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.06$0.71$1.54$1.31$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.32$0.48$1.40$1.15$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.40$0.22$0.93$1.23$0.29
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.12$0.52$1.33$1.34$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.11$0.53$1.24$1.24$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.64$0.12$0.52$1.16$1.20$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.13$0.56$1.11$1.08$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.09$0.52$1.07$0.97$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.11$0.43$0.92$0.90$0.02
2013Summary only. Only limited summary data is available for this year.$0.49$0.09$0.40$0.96$0.75$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.03$0.20$0.30
2011Summary only. Only limited summary data is available for this year.$0.13$0.00$0.08$0.16$0.08
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.00$0.21$0.39$0.26$0.13