Liabilities / Assets
6th percentile
Higher debt load relative to assets than 6% of similar nonprofits.
990 • Fiscal year 2021 • EIN 23-2273163
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
6th percentile
Higher debt load relative to assets than 6% of similar nonprofits.
Liabilities / Revenue
7th percentile
Higher debt load relative to revenue than 7% of similar nonprofits.
Net Margin
57th percentile
Higher net margin than 57% of similar nonprofits.
Top Officer Pay
27th percentile
Higher top officer pay than 27% of similar nonprofits.
Top officer pay equals 8.6% of source-year revenue.
Asset Growth
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Assets
Up$26,927,388
Up $5,645,500 (+27%) from 2020
Net Assets
Up$26,908,629
Up $5,644,141 (+27%) from 2020
Liabilities
Up$18,759
Up $1,359 (+7.8%) from 2020
Revenue
Up$1,932,063
Up $674,822 (+54%) from 2020
Expenses
Up$1,633,591
Up $94,407 (+6.1%) from 2020
Net Income
Up$298,472
Up $580,415 (+206%) from 2020
The mission of the foundation for reading area community college is to augment and enhance the college's ability to offer affordable, quality educational opportunities to the community.
To raise, invest and manage private funds for the benefit of the college
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $12,432,838 | $15,050,744 | ▲ $2,617,906 |
| Savings and Temporary Cash Investments | $1,029,285 | $1,357,254 | ▲ $327,969 |
| Pledges and Grants Receivable | $136,067 | $280,300 | ▲ $144,233 |
| Cash and Non-Interest-Bearing Accounts | $44,055 | $16,906 | ▼ $27,149 |
| Prepaid Expenses and Deferred Charges | $3,559 | $1,750 | ▼ $1,809 |
| Total Assets | $21,281,888 | $26,927,388 | ▲ $5,645,500 |
| Other Assets Total | $7,636,084 | $10,220,434 | ▲ $2,584,350 |
| Liabilities | |||
| Deferred Revenue | $17,400 | $17,500 | ▲ $100 |
| Accounts Payable and Accrued Expenses | - | $1,259 | - |
| Total Liabilities | $17,400 | $18,759 | ▲ $1,359 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $18,915,241 | $24,085,543 | ▲ $5,170,302 |
| Net Assets Without Donor Restrictions | $2,349,247 | $2,823,086 | ▲ $473,839 |
| Total Net Assets Fund Balance | $21,264,488 | $26,908,629 | ▲ $5,644,141 |
| Total Liabilities and Net Assets / Fund Balance | $21,281,888 | $26,927,388 | ▲ $5,645,500 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $10,095,434 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2020 | $16,007,077 | $142,472 | ▲ $2,924,733 | $47,874 | $19,026,408 |
| 2019 | $16,147,718 | $71,106 | ▼ $164,262 | $47,485 | $16,007,077 |
| 2018 | $15,462,032 | $97,647 | ▲ $652,671 | $64,632 | $16,147,718 |
| 2017 | $14,808,281 | $410,550 | ▲ $316,086 | $72,885 | $15,462,032 |
| 2016 | $12,219,352 | $2,648,964 | ▲ $20,592 | $80,627 | $14,808,281 |
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Michael E Nagel | Executive Director Through August | PT | $48,066 | $48,066 |
| Name | Title |
|---|---|
| Peter T Edelman | Chair |
| Gary M Moyer | Vice-chair |
| Craig M Perrotty | Director |
| Gust Zogas | Director |
| Jerome I Marcus | Director |
| Joseph J Swope | Director |
| Katie B Hannon | Director |
| Mary M Palmer | Director |
| Michael J Noon | Director |
| Paul D Cohn | Director |
| Paul G Oxholm | Director |
| Roger J Schmidt | Director |
| Rolf D Schmidt | Director |
| Sean Wyandt | Director |
| Susan D Looney | Director |
| William F Bender | Director |
| Gary W Rightmire | Director as of July |
| James a Hughes | Director Through June |
| Ronald L Bashore | Director Through June |
| Anthony Demarco | Executive Director as of September |
| Ryan P Hottenstein | Assistant Treasurer |
| Whitney a Sanders Ii | Secretary |
| Rebecca a Clouser | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $1,540,264 |
| Other Expenses | $93,327 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $1,112,135 | - | - | $1,112,135 |
| Grants to Domestic Orgs | $428,129 | - | - | $428,129 |
| Fees for Service Investment Mgmnt Fees | $59,176 | - | - | $59,176 |
| Other Expenses | $13,831 | - | - | $13,831 |
| Fees for Services Accounting | $10,725 | - | - | $10,725 |
| Advertising | $8,828 | - | - | $8,828 |
| Fees for Services Legal | $497 | - | - | $497 |
| Conferences and Meetings | $270 | - | - | $270 |
| Total Functional Expenses | $1,633,591 | $0 | $0 | $1,633,591 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,896,294 |
| Total Expenses per Form 990 | $1,633,591 |
| Expenses per Audited Statements | $1,574,842 |
| Expenses Not Reported on Form 990 | $321,452 |
| Expenses Not Reported on Financial Statements | $58,749 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Reading Area Community College | Reading, PA | - | Books and Equipment, Works of Art, Arts, Culture and Lectures, Science of Success Lab Campaign | $428,129 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $50,767 |
| Fundraising Gross Income | $28,840 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Tournament | $141,595 | $28,840 | $9,605 | $19,235 |
| Total Events | $141,595 | $28,840 | $50,767 | $-21,927 |
“Members of the board are provided the form 990 for review and approval prior to filing.”
“Annually the board members are made aware of the policy and are required to submit a signed conflict declaration.”
“Documents are available upon request.”
“Minutes, by-laws, annual audit, the 990 and form 1023 are available to be reviewed upon request at the organizations location.”
“The intended use of the endowments is largely to fund scholarships, other approved reading area community college programs and operations.”
“In accordance with generally accepted accounting principles, the foundation accounts for uncertain tax positions, if any, as required.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1259 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO RAISE, INVEST AND MANAGE PRIVATE FUNDS FOR THE BENEFIT OF THE COLLEGE |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 8828 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 8828 |
| IRS990/AllOtherContributionsAmt | 0 | 1321937 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6106076239 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 1706 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | READING |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 196031706 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 44055 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 16906 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 270 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 270 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContriRptFundraisingEventAmt | 0 | 112755 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1511321 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 1540264 |
| IRS990/CYInvestmentIncomeAmt | 0 | 442669 |
| IRS990/CYOtherExpensesAmt | 0 | 93327 |
| IRS990/CYOtherRevenueAmt | 0 | -21927 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 298472 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1633591 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1932063 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 17400 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 17500 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | TO MAINTAIN AND DEVELOP THE EDUCATIONAL FACILITIES AND PROGRAMS OF READING AREA COMMUNITY COLLEGE |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 18915241 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 24085543 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 1 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 374882 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 10725 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 10725 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 497 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 497 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt | 0 | 59176 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 59176 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 25.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 25.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 21 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 22 | 15.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 23 | 15.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 21 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 14687 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 23 | 50600 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | PETER T EDELMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | GARY M MOYER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | REBECCA A CLOUSER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RYAN P HOTTENSTEIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | WHITNEY A SANDERS II |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RONALD L BASHORE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | WILLIAM F BENDER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | PAUL D COHN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | KATIE B HANNON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JAMES A HUGHES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | SUSAN D LOONEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | JEROME I MARCUS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | MICHAEL J NOON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | PAUL G OXHOLM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | MARY M PALMER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | CRAIG M PERROTTY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | GARY W RIGHTMIRE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | ROGER J SCHMIDT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | ROLF D SCHMIDT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | JOSEPH J SWOPE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | SEAN WYANDT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | GUST ZOGAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | MICHAEL E NAGEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | ANTHONY DEMARCO |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 33379 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 115000 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE-CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | ASSISTANT TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR THROUGH JUNE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR THROUGH JUNE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR AS OF JULY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | EXECUTIVE DIRECTOR THROUGH AUGUST |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | EXECUTIVE DIRECTOR AS OF SEPTEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1981 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 1 |
| IRS990/FundraisingAmt | 0 | 112755 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 50767 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 28840 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 22 |
| IRS990/GrantAmt | 0 | 340304 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 1112135 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 1112135 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 428129 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 428129 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1982830 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 22 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 442669 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 442669 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 12432838 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 15050744 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | PA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE MISSION OF THE FOUNDATION FOR READING AREA COMMUNITY COLLEGE IS TO AUGMENT AND ENHANCE THE COLLEGE'S ABILITY TO OFFER AFFORDABLE, QUALITY EDUCATIONAL OPPORTUNITIES TO THE COMMUNITY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 21264488 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 26908629 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | -21927 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | -21927 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 5345669 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2349247 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2823086 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 7636084 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 10220434 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | HOSPITALITY |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 13831 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 13831 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 136067 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 280300 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 3559 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1750 |
| IRS990/PrincipalOfficerNm | 0 | REBECCA CLOUSER |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | TO AWARD SCHOLARSHIPS AND/OR GRANTS TO FUTURE, PRESENT, AND FORMER STUDENTS OF THE READING AREA COMMUNITY COLLEGE |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 1170884 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 1112135 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | TO PROVIDE BOOKS AND EQUIPMENT FOR READING AREA COMMUNITY COLLEGE |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 87825 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 87825 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 958423 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 1436915 |
| IRS990/PYInvestmentIncomeAmt | 0 | 298818 |
| IRS990/PYOtherExpensesAmt | 0 | 102269 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -281943 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 1539184 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1257241 |
| IRS990/QuidProQuoContributionsInd | 0 | 1 |
| IRS990/QuidProQuoContriDisclInd | 0 | 1 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 298472 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RelatedOrganizationsAmt | 0 | 76629 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1029285 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1357254 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1511321 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 958423 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1116469 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1358458 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 5110271 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 10054942 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 442669 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 298818 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 440036 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 272247 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 233742 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1687512 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 97040 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.49530 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.49430 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 5816088 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 4238854 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1511321 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 958423 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1116469 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1358458 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 5110271 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 10054942 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 11742454 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 0.08510 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 16007077 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 142472 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 19026408 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.