Civic Intelligence

Every Child Can Read Inc.

990 • Fiscal year 2017 • EIN 26-4389859

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 30, 2018

33 South 7th StreetRichmond, IN 47374

(765) 966-7323

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

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

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

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

Net Margin

61st percentile

8.5%

Higher net margin than 61% of similar nonprofits.

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

Top Officer Pay

82nd percentile

$15,600

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

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

Asset Growth

74th percentile

23%

Faster asset growth than 74% of similar nonprofits.

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

Revenue Growth

43rd percentile

-2.6%

Faster revenue growth than 43% of similar nonprofits.

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

Assets

Up

$98,814

Up $18,302 (+23%) from 2016

Net Assets

Up

$98,251

Up $17,947 (+22%) from 2016

Liabilities

Up

$563

Up $355 (+171%) from 2016

Revenue

Down

$211,088

Down $5,717 (-2.6%) from 2016

Expenses

Down

$193,142

Down $12,358 (-6.0%) from 2016

Net Income

Up

$17,946

Up $6,641 (+59%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $8,160Liabilities 2011: $9Net Assets 2011: $8,1512011Assets 2012: $27,282Liabilities 2012: $0Net Assets 2012: $27,2822012Assets 2013: $46,304Liabilities 2013: $0Net Assets 2013: $46,3042013Assets 2014: $49,257Liabilities 2014: $0Net Assets 2014: $49,2572014Assets 2015: $69,244Liabilities 2015: $247Net Assets 2015: $68,9972015Assets 2016: $80,512Liabilities 2016: $208Net Assets 2016: $80,3042016Assets 2017: $98,814Liabilities 2017: $563Net Assets 2017: $98,2512017Assets 2018: $101,827Liabilities 2018: $589Net Assets 2018: $101,2382018Assets 2019: $119,192Liabilities 2019: $615Net Assets 2019: $118,5772019Assets 2020: $180,159Liabilities 2020: $22,611Net Assets 2020: $157,5482020Assets 2021: $269,525Liabilities 2021: $805Net Assets 2021: $268,7202021Assets 2022: $360,117Liabilities 2022: $1,260Net Assets 2022: $358,8572022Assets 2023: $333,861Liabilities 2023: $1,224Net Assets 2023: $332,6372023Assets 2024: $330,745Liabilities 2024: $1,912Net Assets 2024: $328,8332024

Highlighted filing

2017

Assets$98,814
Liabilities$563
Net Assets$98,251

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $149,291Expenses 2011: $141,140Net Income 2011: $8,1512011Revenue 2012: $169,619Expenses 2012: $163,503Net Income 2012: $6,1162012Revenue 2013: $193,398Expenses 2013: $174,376Net Income 2013: $19,0222013Revenue 2014: $194,565Expenses 2014: $191,612Net Income 2014: $2,9532014Revenue 2015: $202,003Expenses 2015: $182,263Net Income 2015: $19,7402015Revenue 2016: $216,805Expenses 2016: $205,500Net Income 2016: $11,3052016Revenue 2017: $211,088Expenses 2017: $193,142Net Income 2017: $17,9462017Revenue 2018: $213,945Expenses 2018: $210,959Net Income 2018: $2,9862018Revenue 2019: $251,871Expenses 2019: $234,533Net Income 2019: $17,3382019Revenue 2020: $191,932Expenses 2020: $152,960Net Income 2020: $38,9722020Revenue 2021: $397,501Expenses 2021: $286,330Net Income 2021: $111,1712021Revenue 2022: $488,924Expenses 2022: $398,787Net Income 2022: $90,1372022Revenue 2023: $330,428Expenses 2023: $356,648Net Income 2023: -$26,2202023Revenue 2024: $172,840Expenses 2024: $176,644Net Income 2024: -$3,8042024

Highlighted filing

2017

Revenue$211,088
Expenses$193,142
Net Income$17,946
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 30, 2018
Return Version
2017v2.3
Gross Receipts
$211,138
Mission and Program Overview

Mission

Opening a world of opportunities by growing a love of reading in young readers.

To ensure that all children in wayne county are prepared for kindergarten and reading at grade level by fourth grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$79,572$97,145▲ $17,573
Investments in Publicly Traded Securities$940$890▼ $50
Accounts Receivable-$669-
Savings and Temporary Cash Investments-$110-
Total Assets$80,512$98,814▲ $18,302
Liabilities
Accounts Payable and Accrued Expenses$208$563▲ $355
Total Liabilities$208$563▲ $355
Net Assets / Fund Balance
Unrestricted Net Assets$80,304$98,251▲ $17,947
Total Net Assets Fund Balance$80,304$98,251▲ $17,947
Total Liabilities and Net Assets / Fund Balance$80,512$98,814▲ $18,302
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kim EnglishOffice ManagerPT$15,600$15,600

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$119,818
Program Service Revenue
$91,127
Investment Income
$143
Other Revenue
$0
All Other Contributions
$108,818
Change in Net Assets
$17,946
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$112,818
Other Expenses$80,324
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$96,465--$96,465
Payroll Taxes$8,553--$8,553
Current Officers, Directors, Trustees, and Key Employees-$7,800-$7,800
Insurance$4,702--$4,702
Other Expenses$964--$964
Fees for Services Accounting-$957-$957
Occupancy$721--$721
Office Expenses$620--$620
All Other Expenses$563--$563
Advertising$60--$60
Fees for Service Investment Mgmnt Fees-$50-$50
Total Functional Expenses$184,335$8,807$0$193,142
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jon FordTreasurer of the BoardMr. Ford Is the Father of Susan Hoffer a Board MemberNo-
Susan HofferBoard MemberMs. Hoffer Is the Daughter of the TreasurerNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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 A, Line 2

Jon ford, treasurer, and his daughter, susan hoffer, both serve on the board.

Form 990, Part VI, Section A, Line 8B

No committee is authorized to act on behalf of the governing body.

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

The form 990 is reviewed by the organization's president. A complete copy of the form 990 is sent electronically to all board members before it is filed.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Every Child Can Read Inc
EIN
26-4389859
Phone
7659667323
Address
33 SOUTH 7TH STREET, RICHMOND, IN 47374

Signing Officer

Name
Fredric Ahaus
Title
Chairman
Phone
7659667323
Signed
2018-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fredric Ahaus
Formed
2009
Legal Domicile
In
Voting Board Members
13
Independent Board Members
13
Employees
24
Volunteers
45

Preparer

Firm
Brady Ware & Schoenfeld Inc
Address
ONE WOODSIDE DRIVE, RICHMOND, IN 47374
Preparer
Suzanne K Miller CPA
Phone
7659660531
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING 1.

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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0216805
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt017946
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt091127
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0119818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0139579
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0124846
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0118610
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0112342
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0615195
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0208
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IRS990ScheduleA/PublicSupportPY170Pct00.81840
IRS990ScheduleA/PublicSupportTotal170Amt0503087
IRS990ScheduleA/SubstantialContributorsTotAmt0112108
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0119818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0139579
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0124846
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0118610
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0112342
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0615195
IRS990ScheduleA/TotalSupportAmt0615403
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JON FORD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1SUSAN HOFFER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0TREASURER OF THE BOARD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MR. FORD IS THE FATHER OF SUSAN HOFFER A BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1MS. HOFFER IS THE DAUGHTER OF THE TREASURER
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JON FORD, TREASURER, AND HIS DAUGHTER, SUSAN HOFFER, BOTH SERVE ON THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO COMMITTEE IS AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S PRESIDENT. A COMPLETE COPY OF THE FORM 990 IS SENT ELECTRONICALLY TO ALL BOARD MEMBERS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING 1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt080512
IRS990/TotalAssetsEOYAmt098814
IRS990/TotalAssetsGrp/BOYAmt080512
IRS990/TotalAssetsGrp/EOYAmt098814
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0119818
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08807
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0184335
IRS990/TotalFunctionalExpensesGrp/TotalAmt0193142
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0208
IRS990/TotalLiabilitiesEOYAmt0563
IRS990/TotalLiabilitiesGrp/BOYAmt0208
IRS990/TotalLiabilitiesGrp/EOYAmt0563
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt080304
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt098251
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0184335
IRS990/TotalProgramServiceRevenueAmt091127
IRS990/TotalReportableCompFromOrgAmt015600
IRS990/TotalRevenueGrp/ExclusionAmt0143
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt091127
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0211088
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt080512
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt098814
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt080304
IRS990/UnrestrictedNetAssetsGrp/EOYAmt098251
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt033 S 7TH STREET
IRS990/USAddress/CityNm0RICHMOND
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd047374
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.EVERYCHILDCANREAD.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FREDRIC AHAUS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum07659667323
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EVERY CHILD CAN READ INC
ReturnHeader/Filer/BusinessNameControlTxt0EVER
ReturnHeader/Filer/EIN0264389859
ReturnHeader/Filer/PhoneNum07659667323
ReturnHeader/Filer/USAddress/AddressLine1Txt033 SOUTH 7TH STREET
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047374
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B9126AA8BE5739B55199E0DCCD82DD18D832ABBE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E229CD9B282782AD548762838A8F5FAFCCA0F510
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.141.187.4
ReturnHeader/FilingSecurityInformation/IPDt02018-10-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:29:21
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351476702
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRADY WARE & SCHOENFELD INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE WOODSIDE DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RICHMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd047374

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.31$0.02$3.29$1.73$1.77$0.04
2023Detailed filing. Detailed filing data is available for this year.$3.34$0.01$3.33$3.30$3.57$0.26
2022Detailed filing. Detailed filing data is available for this year.$3.60$0.01$3.59$4.89$3.99$0.90
2021Detailed filing. Detailed filing data is available for this year.$2.70$0.01$2.69$3.98$2.86$1.11
2020Detailed filing. Detailed filing data is available for this year.$1.80$0.23$1.58$1.92$1.53$0.39
2019Detailed filing. Detailed filing data is available for this year.$1.19$0.01$1.19$2.52$2.35$0.17
2018Detailed filing. Detailed filing data is available for this year.$1.02$0.01$1.01$2.14$2.11$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.99$0.01$0.98$2.11$1.93$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.80$2.17$2.06$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$2.02$1.82$0.20
2014Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$1.95$1.92$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$1.93$1.74$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$1.70$1.64$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$1.49$1.41$0.08