Civic Intelligence

Every Child Can Read Inc.

990 • Fiscal year 2018 • EIN 26-4389859

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 31, 2019

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

59th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

46th percentile

1.4%

Higher net margin than 46% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

82nd percentile

$15,600

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

53rd percentile

3.0%

Faster asset growth than 53% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

51st percentile

1.4%

Faster revenue growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$101,827

Up $3,013 (+3.0%) from 2017

Net Assets

Up

$101,238

Up $2,987 (+3.0%) from 2017

Liabilities

Up

$589

Up $26 (+4.6%) from 2017

Revenue

Up

$213,945

Up $2,857 (+1.4%) from 2017

Expenses

Up

$210,959

Up $17,817 (+9.2%) from 2017

Net Income

Down

$2,986

Down $14,960 (-83%) from 2017

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

2018

Assets$101,827
Liabilities$589
Net Assets$101,238

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

2018

Revenue$213,945
Expenses$210,959
Net Income$2,986
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 31, 2019
Return Version
2018v3.1
Gross Receipts
$215,370
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$97,145$66,592▼ $30,553
Savings and Temporary Cash Investments$110$35,235▲ $35,125
Investments in Publicly Traded Securities$890--
Accounts Receivable$669--
Total Assets$98,814$101,827▲ $3,013
Liabilities
Accounts Payable and Accrued Expenses$563$589▲ $26
Total Liabilities$563$589▲ $26
Net Assets / Fund Balance
Unrestricted Net Assets$98,251$101,238▲ $2,987
Total Net Assets Fund Balance$98,251$101,238▲ $2,987
Total Liabilities and Net Assets / Fund Balance$98,814$101,827▲ $3,013
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
$125,440
Program Service Revenue
$88,498
Investment Income
$528
Other Revenue
$-521
All Other Contributions
$121,455
Change in Net Assets
$2,986
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$126,023
Other Expenses$80,936
Grants and Similar Amounts Paid$4,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$100,840--$100,840
Current Officers, Directors, Trustees, and Key Employees$7,800$7,800-$15,600
Payroll Taxes$9,583--$9,583
Grants to Domestic Individuals$4,000--$4,000
Insurance$3,074--$3,074
Advertising$2,249--$2,249
Other Expenses$2,225--$2,225
All Other Expenses$1,816--$1,816
Occupancy$1,385--$1,385
Fees for Services Accounting-$573-$573
Office Expenses$515--$515
Fees for Services Other-$45-$45
Total Functional Expenses$202,541$8,418$0$210,959
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$535
Fundraising Gross Income$0
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
2019-10-31
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
25

Preparer

Firm
Brady Ware & Schoenfeld Inc
Address
ONE WOODSIDE DRIVE, RICHMOND, IN 47374
Preparer
Tracy a Haines
Phone
7659660531
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING 1.

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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/ProgramServiceRevenueGrp/Desc0THIRD GRADE ACADEMY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt088498
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt088498
IRS990/ProgSrvcAccomActy2Grp/Desc0K-READY IS AN EARLY LEARNING PROGRAM DESIGNED TO PUT BOOKS INTO THE HANDS OF CHILDREN OF WAYNE COUNTY AGES BIRTH TO 5 YEARS OLD. WE PARTICIPATE IN THE DOLLY PARTON IMAGINATION LIBRARY (WITH 800+ CHILDREN ENROLLED AT PRESENT), AT A COST OF $25/CHILD/YEAR. K-READY PARTNERS WITH LOCAL DOCTOR'S OFFICES, CHILDCARE AND EARLY LEARNING PROGRAMS, SCHOOLS AND FAMILIES TO HELP CHILDREN BE PREPARED TO ENTER KINDERGARTEN. WE ARE INVESTIGATING ADDITIONAL PROGRAMING TO SUPPORT THESE CHILDREN WITH HIGHLY QUALIFIED TEACHERS AND DEVELOPMENTAL DIRECTION FOR FAMILIES AND CAREGIVERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt042769
IRS990/ProgSrvcAccomActy3Grp/Desc0LOCAL LITTLE FREE LIBRARY. THESE "BOOK BOXES" (COST $100/BOX IN NATIONAL REGISTRATION FEES) ARE PLACED IN STRATEGIC LOCATIONS OF A STEWARD'S CHOICE. THE BOXES ARE FILLED WITH BOOKS TO BE "BORROWED AND EXCHANGED VIA THE BOX. A STEWARD VOLUNTEERS TO MAINTAIN INDIVIDUAL BOXES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0592
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0119818
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0143
IRS990/PYOtherExpensesAmt080324
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt091127
IRS990/PYRevenuesLessExpensesAmt017946
IRS990/PYSalariesCompEmpBnftPaidAmt0112818
IRS990/PYTotalExpensesAmt0193142
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0211088
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02986
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt088512
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0110
IRS990/SavingsAndTempCashInvstGrp/EOYAmt035235
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0125440
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0119818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0139579
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0124846
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0118610
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0628293
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0369
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0556
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82280
IRS990ScheduleA/PublicSupportPY170Pct00.81750
IRS990ScheduleA/PublicSupportTotal170Amt0517435
IRS990ScheduleA/SubstantialContributorsTotAmt0110858
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0125440
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0119818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0139579
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0124846
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0118610
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0628293
IRS990ScheduleA/TotalSupportAmt0628849
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt098814
IRS990/TotalAssetsEOYAmt0101827
IRS990/TotalAssetsGrp/BOYAmt098814
IRS990/TotalAssetsGrp/EOYAmt0101827
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0125440
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08418
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0202541
IRS990/TotalFunctionalExpensesGrp/TotalAmt0210959
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0563
IRS990/TotalLiabilitiesEOYAmt0589
IRS990/TotalLiabilitiesGrp/BOYAmt0563
IRS990/TotalLiabilitiesGrp/EOYAmt0589
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt098251
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0101238
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0202541
IRS990/TotalProgramServiceRevenueAmt088498
IRS990/TotalReportableCompFromOrgAmt015600
IRS990/TotalRevenueGrp/ExclusionAmt0-7
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt088512
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0213945
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt098814
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0101827
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

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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