Civic Intelligence

Ride for Reading Inc

990EZ • Fiscal year 2013 • EIN 26-2127480

Jan 01, 2013 to Dec 31, 2013 • Filed on Feb 28, 2014

PO Box 16003737216

(615) 378-7323

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

56th percentile

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

95th percentile

165%

Faster asset growth than 95% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2013

Revenue Growth

89th percentile

70%

Faster revenue growth than 89% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2013

Assets

Up

$62,790

Up $53,835 (+601%) from 2011

Net Assets

Up

$62,790

Up $53,998 (+614%) from 2011

Liabilities

Down

$0

Down $163 (-100%) from 2011

Revenue

Up

$127,351

Up $83,197 (+188%) from 2011

Expenses

Up

$84,010

Up $44,395 (+112%) from 2011

Net Income

Up

$43,341

Up $38,802 (+855%) from 2011

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $4,251Liabilities 2010: $0Net Assets 2010: $4,2512010Assets 2011: $8,955Liabilities 2011: $163Net Assets 2011: $8,7922011Assets 2013: $62,790Liabilities 2013: $0Net Assets 2013: $62,7902013Assets 2014: $84,432Liabilities 2014: $0Net Assets 2014: $84,4322014Assets 2015: $63,399Liabilities 2015: $0Net Assets 2015: $63,3992015Assets 2016: $86,890Liabilities 2016: $0Net Assets 2016: $86,8902016Assets 2017: $99,261Liabilities 2017: $0Net Assets 2017: $99,2612017Assets 2018: $74,240Liabilities 2018: $0Net Assets 2018: $74,2402018Assets 2019: $49,164Liabilities 2019: $1,035Net Assets 2019: $48,1292019

Highlighted filing

2013

Assets$62,790
Liabilities$0
Net Assets$62,790

Operations Trend

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

$200K$100K$0-$100KRevenue 2010: $21,013Expenses 2010: $19,471Net Income 2010: $1,5422010Revenue 2011: $44,154Expenses 2011: $39,615Net Income 2011: $4,5392011Revenue 2013: $127,351Expenses 2013: $84,010Net Income 2013: $43,3412013Revenue 2014: $183,672Expenses 2014: $162,030Net Income 2014: $21,6422014Revenue 2015: $102,056Expenses 2015: $123,089Net Income 2015: -$21,0332015Revenue 2016: $115,981Expenses 2016: $92,490Net Income 2016: $23,4912016Revenue 2017: $92,366Expenses 2017: $79,995Net Income 2017: $12,3712017Revenue 2018: $71,684Expenses 2018: $96,705Net Income 2018: -$25,0212018Revenue 2019: $49,275Expenses 2019: $75,386Net Income 2019: -$26,1112019

Highlighted filing

2013

Revenue$127,351
Expenses$84,010
Net Income$43,341
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Feb 28, 2014
Return Version
2013v3.0
Gross Receipts
$155,156
Mission and Program Overview

Mission

Ride for reading's mission is to promote literacy and healthy living through the distribution of books via bicycle to children from low-income neighborhoods.

Program Services

DescriptionGrantsExpenses
BOOK DELIVERIES VIA BICYCLE - ONCE PER MONTH WE DELIEVER BOOKS TO CHILDREN IN TITLE 1 SCHOOLS. A REPRESENTATIVE OF OUR ORGANIZATION TALKS TO THE CHILDREN ABOUT THE IMPORTANCE OF LITERACY, HELMET WEARING, AND A HEALTHLY LIFESTYLE. EACH CHILD IS ABLE TO CHOOSE 1 - 3 BOOKS TO TAKE TO KEEP OR PASS ALONG TO A FRIEND. ADDITIONALLY, OVER 900 VOLUNTEER HOURS WERE USED CARRYING OUT THE BOOK DELIVERY PROCESS.$1,000$73,059
TEACHERS COME TO OUR WAREHOUSE AND PICK UP BOOKS FOR THEIR STUDENTS.$0$1,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATHEW PORTELLDirectorPT$0--
STEVE STENHOUSETreasurerPT$0--
CHRIS HOLSTEINChairmanPT$0--
GRAHAM GERDEMANVice-ChairmanPT$0--
DANIEL SPANNBoard MemberPT$0--
SCOTT GENTILESecretaryPT$0--
NICOLE HINTONBoard Member-$0--
SUSAN PORTERBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$32,780$32,780$15,802$16,978
Event 2$10,136$4,386$7,764$-3,378
Total Events$42,916$37,166$23,566$13,600
Filing and Contact Details

Filer

EIN
26-2127480
Phone
6153787323

Signing Officer

Name
Chris Holstein
Title
Board Chair
Phone
6153787323
Signed
2014-02-28
Discuss with paid preparer
Yes

Preparer

Preparer
Frances E Leahy
Phone
6152427351
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 3,417. Returns and allowances: 0. Less cost of goods sold: 3,828. Gross profit: -411. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 0. Cost of labor: 0. Materials and supplies: 3,828. Other costs: 0. Inventory at end of year: 0. Cost of goods sold: 3,828.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: travel & entertainment. Amount: 1,329. Description: insurance & taxes. Amount: 500. Description: bank charges. Amount: 75. Description: office supplies. Amount: 473. Description: website maintenance. Amount: 395. Description: miscellaneous. Amount: 2,340. Description: indirect program expense. Amount: 16,684. Description: book expense. Amount: 53,645. Total to form 990-ez, line 16: 75,441.

FORM 990-EZ, PART 1: VOLUNTEER HOURS

In addition to the 900 volunteer hours described on page 2, over 1,000 volunteer hours were expensed on various fundraising events, and another 1,300 hours were spent carrying out the daily operations of ride for reading.

Form 990-ez, Part II, Line 24 - Other Assets

Description: undistributed book inventory. Beg. Of year amount: 7,500. End of year amount: 37,500.

Raw XML Appendix211 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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IRS990EZ/PrimaryExemptPurposeTxt0RIDE FOR READING'S MISSION IS TO PROMOTE LITERACY AND HEALTHY LIVING THROUGH THE DISTRIBUTION OF BOOKS VIA BICYCLE TO CHILDREN FROM LOW-INCOME NEIGHBORHOODS.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TEACHERS COME TO OUR WAREHOUSE AND PICK UP BOOKS FOR THEIR STUDENTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 3,417. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 3,828. GROSS PROFIT: -411. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 3,828. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 3,828.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: TRAVEL & ENTERTAINMENT. AMOUNT: 1,329. DESCRIPTION: INSURANCE & TAXES. AMOUNT: 500. DESCRIPTION: BANK CHARGES. AMOUNT: 75. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 473. DESCRIPTION: WEBSITE MAINTENANCE. AMOUNT: 395. DESCRIPTION: MISCELLANEOUS. AMOUNT: 2,340. DESCRIPTION: INDIRECT PROGRAM EXPENSE. AMOUNT: 16,684. DESCRIPTION: BOOK EXPENSE. AMOUNT: 53,645. TOTAL TO FORM 990-EZ, LINE 16: 75,441.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN ADDITION TO THE 900 VOLUNTEER HOURS DESCRIBED ON PAGE 2, OVER 1,000 VOLUNTEER HOURS WERE EXPENSED ON VARIOUS FUNDRAISING EVENTS, AND ANOTHER 1,300 HOURS WERE SPENT CARRYING OUT THE DAILY OPERATIONS OF RIDE FOR READING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: UNDISTRIBUTED BOOK INVENTORY. BEG. OF YEAR AMOUNT: 7,500. END OF YEAR AMOUNT: 37,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART 1: VOLUNTEER HOURS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS HOLSTEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06153787323
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-02-28
ReturnHeader/Filer/BusinessName/BusinessNameLine10RIDE FOR READING INC
ReturnHeader/Filer/BusinessNameControlTxt0RIDE
ReturnHeader/Filer/EIN0262127480
ReturnHeader/Filer/PhoneNum06153787323
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ReturnHeader/Filer/USAddress/State0TN
ReturnHeader/Filer/USAddress/ZIPCode037216
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0620713250
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10KRAFTCPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10555 GREAT CIRCLE ROAD
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0TN
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ReturnHeader/PreparerPersonGrp/PhoneNum06152427351
ReturnHeader/PreparerPersonGrp/PreparationDt02014-02-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANCES E LEAHY
ReturnHeader/ReturnTs02014-02-28T15:03:13-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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