Civic Intelligence

Ride for Reading Inc

990EZ • Fiscal year 2014 • EIN 26-2127480

Jan 01, 2014 to Dec 31, 2014 • Filed on Feb 18, 2015

PO Box 160037Nashville, TN 37216

(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.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

79th percentile

34%

Faster asset growth than 79% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

84th percentile

44%

Faster revenue growth than 84% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$84,432

Up $21,642 (+34%) from 2013

Net Assets

Up

$84,432

Up $21,642 (+34%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$183,672

Up $56,321 (+44%) from 2013

Expenses

Up

$162,030

Up $78,020 (+93%) from 2013

Net Income

Down

$21,642

Down $21,699 (-50%) from 2013

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

2014

Assets$84,432
Liabilities$0
Net Assets$84,432

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

2014

Revenue$183,672
Expenses$162,030
Net Income$21,642
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Feb 18, 2015
Return Version
2014v5.0
Gross Receipts
$198,060
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 180 VOLUNTEER HOURS WERE USED CARRYING OUT THE BOOK DELIVERY PROCESS.$4,060$141,437
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--
JOHN GOREBoard Member-$0--
CHRIS HOLSTEINChairmanPT$0--
GRAHAM GERDEMANVice-ChairmanPT$0--
DANIEL SPANNBoard MemberPT$0--
SCOTT GENTILESecretaryPT$0--
NICOLE HINTONTreasurerPT$0--
SUSAN PORTERBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Enbf$33,641$33,641$12,751$20,890
Total Events$33,641$33,641$12,751$20,890
Filing and Contact Details

Filer

Filer Name
Ride for Reading Inc
EIN
26-2127480
Phone
6153787323
Address
PO BOX 160037, NASHVILLE, TN 37216

Signing Officer

Name
Chris Holstein
Title
Board Chair
Phone
6153787323
Signed
2015-02-18
Discuss with paid preparer
Yes

Preparer

Firm
Kraftcpas Pllc
Address
555 GREAT CIRCLE ROAD, NASHVILLE, TN 37228
Preparer
Frances E Leahy
Phone
6152427351
Supplemental Narrative

Additional Explanations

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

Description: travel & entertainment. Amount: 1,695. Description: insurance & taxes. Amount: 1,174. Description: office supplies. Amount: 321. Description: website maintenance. Amount: 4,261. Description: miscellaneous. Amount: 2,364. Description: indirect program expense. Amount: 18,434. Description: book expense. Amount: 121,181. Description: advertising / promotions. Amount: 2,822. Total to form 990-ez, line 16: 152,252.

FORM 990-EZ, PART 1: VOLUNTEER HOURS

In addition to the 180 volunteer hours described on page 2, over 120 volunteer hours were expensed on various fundraising events, and another 650 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: 37,500. End of year amount: 37,500.

Raw XML Appendix205 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.
IRS990EZ/PrintingPublicationsPostageAmt079
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BOOK 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 180 VOLUNTEER HOURS WERE USED CARRYING OUT THE BOOK DELIVERY PROCESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TEACHERS COME TO OUR WAREHOUSE AND PICK UP BOOKS FOR THEIR STUDENTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: TRAVEL & ENTERTAINMENT. AMOUNT: 1,695. DESCRIPTION: INSURANCE & TAXES. AMOUNT: 1,174. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 321. DESCRIPTION: WEBSITE MAINTENANCE. AMOUNT: 4,261. DESCRIPTION: MISCELLANEOUS. AMOUNT: 2,364. DESCRIPTION: INDIRECT PROGRAM EXPENSE. AMOUNT: 18,434. DESCRIPTION: BOOK EXPENSE. AMOUNT: 121,181. DESCRIPTION: ADVERTISING / PROMOTIONS. AMOUNT: 2,822. TOTAL TO FORM 990-EZ, LINE 16: 152,252.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN ADDITION TO THE 180 VOLUNTEER HOURS DESCRIBED ON PAGE 2, OVER 120 VOLUNTEER HOURS WERE EXPENSED ON VARIOUS FUNDRAISING EVENTS, AND ANOTHER 650 HOURS WERE SPENT CARRYING OUT THE DAILY OPERATIONS OF RIDE FOR READING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: UNDISTRIBUTED BOOK INVENTORY. BEG. OF YEAR AMOUNT: 37,500. END OF YEAR AMOUNT: 37,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART 1: VOLUNTEER HOURS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS HOLSTEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06153787323
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIDE FOR READING INC
ReturnHeader/Filer/BusinessNameControlTxt0RIDE
ReturnHeader/Filer/EIN0262127480
ReturnHeader/Filer/PhoneNum06153787323
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 160037
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037216
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0620713250
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KRAFTCPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0555 GREAT CIRCLE ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NASHVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037228
ReturnHeader/PreparerPersonGrp/PhoneNum06152427351
ReturnHeader/PreparerPersonGrp/PreparationDt02015-02-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANCES E LEAHY
ReturnHeader/ReturnTs02015-02-19T17:02:34-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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