Civic Intelligence

West Reading Community Revitalization Foundation

990 • Fiscal year 2017 • EIN 23-2959713

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 24, 2018

500 Chestnut StreetWest Reading, PA 19611

(610) 685-8854

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

62nd percentile

10%

Faster asset growth than 62% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

32nd percentile

-11%

Faster revenue growth than 32% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$207,181

Up $19,199 (+10%) from 2016

Net Assets

Up

$207,181

Up $70,830 (+52%) from 2016

Liabilities

Down

$0

Down $51,631 (-100%) from 2016

Revenue

Down

$321,902

Down $41,828 (-11%) from 2016

Expenses

Down

$251,072

Down $44,921 (-15%) from 2016

Net Income

Up

$70,830

Up $3,093 (+4.6%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $8,712Liabilities 2010: $0Net Assets 2010: $8,7122010Assets 2011: $13,875Liabilities 2011: $0Net Assets 2011: $13,8752011Assets 2012: $198,635Liabilities 2012: $59,857Net Assets 2012: $138,7782012Assets 2013: $204,717Liabilities 2013: $44,000Net Assets 2013: $160,7172013Assets 2014: $227,910Liabilities 2014: $99,000Net Assets 2014: $128,9102014Assets 2015: $190,563Liabilities 2015: $121,949Net Assets 2015: $68,6142015Assets 2016: $187,982Liabilities 2016: $51,631Net Assets 2016: $136,3512016Assets 2017: $207,181Liabilities 2017: $0Net Assets 2017: $207,1812017Assets 2018: $399,781Liabilities 2018: $154,313Net Assets 2018: $245,4682018Assets 2019: $484,164Liabilities 2019: $139,506Net Assets 2019: $344,6582019Assets 2020: $463,542Liabilities 2020: $145,839Net Assets 2020: $317,7032020Assets 2021: $524,730Liabilities 2021: $128,671Net Assets 2021: $396,0592021Assets 2022: $522,141Liabilities 2022: $122,795Net Assets 2022: $399,3462022Assets 2023: $630,924Liabilities 2023: $116,599Net Assets 2023: $514,3252023Assets 2024: $529,196Liabilities 2024: $110,083Net Assets 2024: $419,1132024

Highlighted filing

2017

Assets$207,181
Liabilities$0
Net Assets$207,181

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $25,048Expenses 2010: $38,763Net Income 2010: -$13,7152010Revenue 2011: $38,343Expenses 2011: $33,180Net Income 2011: $5,1632011Revenue 2012: $294,891Expenses 2012: $305,447Net Income 2012: -$10,5562012Revenue 2013: $489,710Expenses 2013: $467,771Net Income 2013: $21,9392013Revenue 2014: $357,230Expenses 2014: $389,037Net Income 2014: -$31,8072014Revenue 2015: $311,729Expenses 2015: $372,025Net Income 2015: -$60,2962015Revenue 2016: $363,730Expenses 2016: $295,993Net Income 2016: $67,7372016Revenue 2017: $321,902Expenses 2017: $251,072Net Income 2017: $70,8302017Revenue 2018: $242,033Expenses 2018: $203,746Net Income 2018: $38,2872018Revenue 2019: $293,501Expenses 2019: $194,311Net Income 2019: $99,1902019Revenue 2020: $200,105Expenses 2020: $227,060Net Income 2020: -$26,9552020Revenue 2021: $266,353Expenses 2021: $187,997Net Income 2021: $78,3562021Revenue 2022: $190,641Expenses 2022: $187,354Net Income 2022: $3,2872022Revenue 2023: $323,742Expenses 2023: $208,763Net Income 2023: $114,9792023Revenue 2024: $267,181Expenses 2024: $362,393Net Income 2024: -$95,2122024

Highlighted filing

2017

Revenue$321,902
Expenses$251,072
Net Income$70,830
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 24, 2018
Return Version
2017v2.3
Gross Receipts
$361,974
Mission and Program Overview

Mission

To promote historic continuity, a sense of community and economic rejuvenation of property and commerce of the borough of west reading.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$135,795$175,915▲ $40,120
Savings and Temporary Cash Investments$52,187$31,266▼ $20,921
Total Assets$187,982$207,181▲ $19,199
Liabilities
Mortgage Notes Payable Secured by Investment Property$51,631$0▼ $51,631
Total Liabilities$51,631$0▼ $51,631
Net Assets / Fund Balance
Unrestricted Net Assets$84,164$175,915▲ $91,751
Temporarily Rstr Net Assets$52,187$31,266▼ $20,921
Total Net Assets Fund Balance$136,351$207,181▲ $70,830
Total Liabilities and Net Assets / Fund Balance$187,982$207,181▲ $19,199
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Mark DoughertyPresident
Philip WertVice President
Cathy HoffmanBorough Manager
Andrew KearneyMember
Christina ShenkMember
Dave AmatoMember
Lynne BurnsMember
Allison ShannonSecretary
Andrew MoletressTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$191,658
Program Service Revenue
$100,909
Investment Income
$90
Other Revenue
$29,245
All Other Contributions
$84,493
Change in Net Assets
$70,830

Audited Revenue Reconciliation

Revenue per Audited Statements
$321,902
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$40,072
Total Revenue per Audited Statements
$361,974
Total Revenue per Form 990
$321,902
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$164,417
Salaries, Compensation, and Employee Benefits$86,655
Total Fundraising Expense$60,089
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$65,421$7,697$3,848$76,966
Office Expenses$5,621$662$331$6,614
Fees for Services Accounting-$6,550-$6,550
Other Employee Benefits$5,152$606$303$6,061
Payroll Taxes$3,084$363$181$3,628
Insurance$743$742$742$2,227
Fees for Services Legal-$2,088-$2,088
Fees for Services Other-$1,962-$1,962
Advertising-$1,739-$1,739
Occupancy$560$560$560$1,680
Other Expenses$476$477$477$1,430
All Other Expenses$549$283$283$1,115
Travel$272$273$273$818
Total Functional Expenses$166,981$24,002$60,089$251,072

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$291,144
Expenses per Audited Statements$251,072
Total Expenses per Form 990$251,072
Expenses Not Reported on Form 990$40,072
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$62,677
Fundraising Direct Expenses$40,072
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Festival$33,617$33,617$1,915$31,702
Art on the Avenue$14,593$14,593$3,320$11,273
Total Events$62,475$62,475$39,324$23,151
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
Yes
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
No
Other officer compensation reviewed
No
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

The foundation's board reviews the tax return before filing.

Form 990, Part VI, Section C, Line 18

The foundation's organizational documents are available upon request.

Form 990, Part VI, Section C, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
West Reading Community Revitalization
EIN
23-2959713
Phone
6106858854
Address
500 CHESTNUT STREET, WEST READING, PA 19611

Signing Officer

Name
Mark Dougherty
Title
President
Phone
6106858854
Signed
2018-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Dougherty
Formed
1998
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
400

Preparer

Firm
Rkl Llp
Address
1330 BROADCASTING ROAD PO BOX 7008, WYOMISSING, PA 19610-6008
Preparer
Ruthann J Woll CPA
Phone
6103761595
Supplemental Narrative

Additional Explanations

FORM 990 PART XII, LINE 1:

The organization uses a modified cash method of accounting.

FORM 990 PART XII, LINE 2C:

The organization's selection of independent auditors and review of the audit has not changed from prior years.

FORM 990 PART V, LINE 1C:

The organization did not have any instances where backup withholding was required; however if the situation would arise, the organization is aware of the reporting requirements and would handle that accordingly.

Financial Statement Notes

PART X, LINE 2:

As a nonprofit corporation, the foundation is generally exempt from federal and state income taxes. The foundation is subject to federal and state income taxes on unrelated business income. The foundation recognizes penalties and interest accrued related to income tax liabilities in the provision (benefit) for income taxes in the statement of revenues and expenses - modified cash basis. For the years ended december 31, 2017 and 2016, there was no accrual for the payment of penalties and interest. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would ultimately be sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying statement of revenues and expenses - modified cash basis, along with any associated interest and penalties that would be payable to the taxing authorities upon examination. The foundation files tax returns in the u. S. Federal jurisdiction. The foundation's income tax returns are not subject to examination through the year ended december 31, 2014.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expense 40,072.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expense 40,072.

Raw XML AppendixShowing 400 of 503 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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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt065421
IRS990/OtherSalariesAndWagesGrp/TotalAmt076966
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0181
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0363
IRS990/PayrollTaxesGrp/ProgramServicesAmt03084
IRS990/PayrollTaxesGrp/TotalAmt03628
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARK DOUGHERTY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0PARR PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc1FARMERS MARKET
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt095184
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15725
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt095184
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15725
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0193160
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0265
IRS990/PYOtherExpensesAmt0196980
IRS990/PYOtherRevenueAmt029807
IRS990/PYProgramServiceRevenueAmt0140498
IRS990/PYRevenuesLessExpensesAmt067737
IRS990/PYSalariesCompEmpBnftPaidAmt099013
IRS990/PYTotalExpensesAmt0295993
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0363730
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt070830
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0100909
IRS990/SavingsAndTempCashInvstGrp/BOYAmt052187
IRS990/SavingsAndTempCashInvstGrp/EOYAmt031266
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0191658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0193160
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0167044
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0328975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0277523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01158360
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt090
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05665
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09097
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt011050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011282
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt037184
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0783730
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt06640
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0230
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01003
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01539
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01562
IRS990ScheduleA/OtherIncome170Grp/TotalAmt010974
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65990
IRS990ScheduleA/PublicSupportPY170Pct00.64640
IRS990ScheduleA/PublicSupportTotal170Amt0796237
IRS990ScheduleA/SubstantialContributorsTotAmt0362123
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0191658
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0193160
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0167044
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0328975
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0277523
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01158360
IRS990ScheduleA/TotalSupportAmt01206518
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt040072
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0251072
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt040072
IRS990ScheduleD/OtherRevenueAmt040072
IRS990ScheduleD/RevenueNotReportedAmt040072
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0321902
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS A NONPROFIT CORPORATION, THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE FOUNDATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME. THE FOUNDATION RECOGNIZES PENALTIES AND INTEREST ACCRUED RELATED TO INCOME TAX LIABILITIES IN THE PROVISION (BENEFIT) FOR INCOME TAXES IN THE STATEMENT OF REVENUES AND EXPENSES - MODIFIED CASH BASIS. FOR THE YEARS ENDED DECEMBER 31, 2017 AND 2016, THERE WAS NO ACCRUAL FOR THE PAYMENT OF PENALTIES AND INTEREST. WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD ULTIMATELY BE SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING STATEMENT OF REVENUES AND EXPENSES - MODIFIED CASH BASIS, ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. THE FOUNDATION FILES TAX RETURNS IN THE U. S. FEDERAL JURISDICTION. THE FOUNDATION'S INCOME TAX RETURNS ARE NOT SUBJECT TO EXAMINATION THROUGH THE YEAR ENDED DECEMBER 31, 2014.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSE 40,072.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSE 40,072.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0251072
IRS990ScheduleD/TotalRevenuePerForm990Amt0321902
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0361974
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0291144
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt039324
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt05225
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt06452
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt011677
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FALL FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ART ON THE AVENUE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt06220
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt06220
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt033617
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt014593
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt014265
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt062475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt033617
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt014593
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt014265
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt062475
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt023151
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt015772
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021007
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01915
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03320
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0420
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0420
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S BOARD REVIEWS THE TAX RETURN BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION'S ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION USES A MODIFIED CASH METHOD OF ACCOUNTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S SELECTION OF INDEPENDENT AUDITORS AND REVIEW OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DID NOT HAVE ANY INSTANCES WHERE BACKUP WITHHOLDING WAS REQUIRED; HOWEVER IF THE SITUATION WOULD ARISE, THE ORGANIZATION IS AWARE OF THE REPORTING REQUIREMENTS AND WOULD HANDLE THAT ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART XII, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART V, LINE 1C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BOROUGH OF WEST READING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0261726143
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0GOVERNMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0500 CHESTNUT STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WEST READING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019611
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.29$1.10$4.19$2.67$3.62$0.95
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.31$1.17$5.14$3.24$2.09$1.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.22$1.23$3.99$1.91$1.87$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.25$1.29$3.96$2.66$1.88$0.78
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.64$1.46$3.18$2.00$2.27$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.84$1.40$3.45$2.94$1.94$0.99
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$1.54$2.45$2.42$2.04$0.38
2017Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$3.22$2.51$0.71
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.52$1.36$3.64$2.96$0.68
2015Detailed filing. Detailed filing data is available for this year.$1.91$1.22$0.69$3.12$3.72$0.60
2014Detailed filing. Detailed filing data is available for this year.$2.28$0.99$1.29$3.57$3.89$0.32
2013Detailed filing. Detailed filing data is available for this year.$2.05$0.44$1.61$4.90$4.68$0.22
2012Summary only. Only limited summary data is available for this year.$1.99$0.60$1.39$2.95$3.05$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.00$0.14$0.38$0.33$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.25$0.39$0.14