Civic Intelligence

Reading Legacies

990 • Fiscal year 2020 • EIN 27-0523331

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 09, 2021

2750 Historic Decatur Road 210San Diego, CA 92106

(619) 269-2743

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$159,593

Down $14,632 (-8.4%) from 2019

Net Assets

Down

$109,441

Down $45,966 (-30%) from 2019

Liabilities

Up

$50,152

Up $31,334 (+167%) from 2019

Revenue And Expenses

Revenue

Down

$290,066

Down $21 (-0.0%) from 2019

Expenses

Up

$340,594

Up $2,998 (+0.9%) from 2019

Net Income

Down

-$50,528

Down $3,019 (-6.4%) from 2019

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: $75,602Liabilities 2011: $13,452Net Assets 2011: $62,1502011Assets 2012: $90,415Liabilities 2012: $11,864Net Assets 2012: $78,5512012Assets 2013: $121,134Liabilities 2013: $2,354Net Assets 2013: $118,7802013Assets 2014: $167,730Liabilities 2014: $7,157Net Assets 2014: $160,5732014Assets 2015: $231,124Liabilities 2015: $11,123Net Assets 2015: $220,0012015Assets 2016: $204,124Liabilities 2016: $17,675Net Assets 2016: $186,4492016Assets 2017: $198,712Liabilities 2017: $15,513Net Assets 2017: $183,1992017Assets 2018: $219,078Liabilities 2018: $22,621Net Assets 2018: $196,4572018Assets 2019: $174,225Liabilities 2019: $18,818Net Assets 2019: $155,4072019Assets 2020: $159,593Liabilities 2020: $50,152Net Assets 2020: $109,4412020Assets 2021: $200,825Liabilities 2021: $8,910Net Assets 2021: $191,9152021Assets 2022: $243,708Liabilities 2022: $9,230Net Assets 2022: $234,4782022Assets 2023: $243,204Liabilities 2023: $22,206Net Assets 2023: $220,9982023Assets 2024: $314,351Liabilities 2024: $20,579Net Assets 2024: $293,7722024

Highlighted filing

2020

Assets$159,593
Liabilities$50,152
Net Assets$109,441

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $92,734Expenses 2011: $44,944Net Income 2011: $47,7902011Revenue 2012: $122,804Expenses 2012: $106,457Net Income 2012: $16,3472012Revenue 2013: $158,730Expenses 2013: $119,558Net Income 2013: $39,1722013Revenue 2014: $208,287Expenses 2014: $166,295Net Income 2014: $41,9922014Revenue 2015: $308,589Expenses 2015: $247,744Net Income 2015: $60,8452015Revenue 2016: $276,611Expenses 2016: $310,453Net Income 2016: -$33,8422016Revenue 2017: $255,517Expenses 2017: $263,682Net Income 2017: -$8,1652017Revenue 2018: $290,959Expenses 2018: $273,154Net Income 2018: $17,8052018Revenue 2019: $290,087Expenses 2019: $337,596Net Income 2019: -$47,5092019Revenue 2020: $290,066Expenses 2020: $340,594Net Income 2020: -$50,5282020Revenue 2021: $409,720Expenses 2021: $317,125Net Income 2021: $92,5952021Revenue 2022: $416,088Expenses 2022: $373,525Net Income 2022: $42,5632022Revenue 2023: $414,168Expenses 2023: $427,648Net Income 2023: -$13,4802023Revenue 2024: $483,724Expenses 2024: $410,950Net Income 2024: $72,7742024

Highlighted filing

2020

Revenue$290,066
Expenses$340,594
Net Income-$50,528
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 9, 2021
Return Version
2020v4.0
Gross Receipts
$290,066
Mission and Program Overview

Mission

To empower children as valued family and community members through intergenerational shared-reading experiences.

To facilitate supportive relationships for children through family and friends reading aloud with them.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$88,823$87,037▼ $1,786
Cash and Non-Interest-Bearing Accounts$71,683$70,260▼ $1,423
Accounts Receivable$11,360--
Prepaid Expenses and Deferred Charges$1,935$662▼ $1,273
Total Assets$174,225$159,593▼ $14,632
Other Assets Total$424$1,634▲ $1,210
Liabilities
Accounts Payable and Accrued Expenses$18,818$50,152▲ $31,334
Total Liabilities$18,818$50,152▲ $31,334
Net Assets / Fund Balance
Net Assets With Donor Restrictions$105,490$160,203▲ $54,713
Net Assets Without Donor Restrictions$49,917$-50,762▼ $100,679
Total Net Assets Fund Balance$155,407$109,441▼ $45,966
Total Liabilities and Net Assets / Fund Balance$174,225$159,593▼ $14,632

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$3,846$3,846

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$88,823$6,600▲ $6,522$14,441$87,037
2019$100,718$10,900▲ $12,849$35,036$88,823
2018$98,839$8,400▼ $961$4,942$100,718
2017$83,599$20,700▲ $7,304$12,180$98,839
2016$80,372$5,400▲ $2,334$4,019$83,599
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Betty MohlenbrockPresident &FT$52,000$52,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$263,715
Program Service Revenue
$0
Investment Income
$1,960
Other Revenue
$24,391
All Other Contributions
$263,715
Change in Net Assets
$-50,528
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$221,741
Other Expenses$118,853
Total Fundraising Expense$8,491
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$118,933$23,577$5,215$147,725
Current Officers, Directors, Trustees, and Key Employees$52,000--$52,000
Payroll Taxes$17,723$3,511$782$22,016
Office Expenses$16,747$2,378$526$19,651
All Other Expenses$14,839$1,460$309$16,608
Occupancy$13,155$1,860$412$15,427
Insurance$7,633$1,100$243$8,976
Fees for Services Legal$6,302$908$201$7,411
Fees for Services Accounting$5,785$834$185$6,804
Other Expenses$5,558$747$165$5,558
Total Functional Expenses$293,682$38,421$8,491$340,594
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,391
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Event$24,391$24,391-$24,391
Total Events$24,391$24,391-$24,391
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
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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, Page 6, Part VI, Line 11B

The signer submits questions concerning the form 990 directly to the preparer.

Form 990, Page 6, Part VI, Line 19

Any interested parties should contact betty mohlenbrock by mail with a request for any public statements.

Filing and Contact Details

Filer

Filer Name
Reading Legacies
EIN
27-0523331
Phone
6192692743
Address
2750 HISTORIC DECATUR ROAD 210, SAN DIEGO, CA 92106

Signing Officer

Name
Betty Mohlenbrock
Title
President & CEO
Phone
6192692743
Signed
2021-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Betty Mohlenbrock
Formed
2010
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
13
Employees
5
Volunteers
192

Preparer

Firm
Hamilton Tharp Llp
Address
323 N HIGHWAY 101, SOLANA BEACH, CA 92075
Preparer
Leanna Almklov CPA
Phone
8584817702
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03511
IRS990/PayrollTaxesGrp/ProgramServicesAmt017723
IRS990/PayrollTaxesGrp/TotalAmt022016
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0662
IRS990/PrincipalOfficerNm0BETTY MOHLENBROCK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0YOUTH READERS - IMPACT HIGH SCHOOL AND MIDDLE SCHOOL AGED YOUTH THROUGH SEMESTER-LONG COMMITMENT OF READING ALOUD WEEKLY TO YOUNG CHILDREN IN THEIR OWN COMMUNITIES, ESPECIALLY UNDER-SERVED COMMUNITIES. ADULT VOLUNTEERS PARTNER WITH THE YOUTH PARTICIPANTS TO PROVIDE TRAINING, GUIDANCE, AND ENCOURAGEMENT. AT THE END OF THE SEMESTER, THE YOUTH HAVE AN OPPORTUNITY TO MAKE A PRESENTATION TO THEIR PARENTS AND THE PARENTS OF THE YOUNG CHILDREN ABOUT THEIR EXPERIENCE FOLLOWED BY A SPECIAL EVENT TO CONGRATULATE THE YOUTH FOR THEIR COMMUNITY SERVICE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt080464
IRS990/ProgSrvcAccomActy3Grp/Desc0BOOKS BRIDGES - HELPS CHILDREN TRANSCEND THE BARS THAT SEPARATE THEM FROM THEIR INCARCERATED LOVED ONES. PARENTS ARE TRAINED TO READ ALOUD TO THEIR CHILDREN ON VIDEO, FORMING HEALTHY AND LASTING BONDS AND LEARNING ABOUT THE IMPORTANCE OF READING ALOUD WITH CHILDREN. VOLUNTEER FACILITATORS OFFER TIPS AND TOOLS TO MAKE THE SHARED READING EXPERIENCE FUN AND VALUABLE TO THE CHILD. AFTER THE INCARCERATED PARENTS READ ALOUD ON VIDEO, THE VIDEO LINK AND STORY BOOK ARE SENT TO THE CHILDREN AT HOME TO BE ENJOYED TIME AND AGAIN.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0206405
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IRS990/PYContributionsGrantsAmt0212531
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06390
IRS990/PYOtherExpensesAmt0104090
IRS990/PYOtherRevenueAmt0-1505
IRS990/PYProgramServiceRevenueAmt072671
IRS990/PYRevenuesLessExpensesAmt0-47509
IRS990/PYSalariesCompEmpBnftPaidAmt0233506
IRS990/PYTotalExpensesAmt0337596
IRS990/PYTotalRevenueAmt0290087
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-50528
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0263715
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0212531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0206350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0155383
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0186514
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01024493
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01792
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05418
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03576
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02245
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02043
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015074
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0249154
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96350
IRS990ScheduleA/PublicSupportPY170Pct00.98510
IRS990ScheduleA/PublicSupportTotal170Amt01024493
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0263715
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0212531
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0206350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0155383
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0186514
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01024493
IRS990ScheduleA/TotalSupportAmt01063317
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt023391
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt0359
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt023750
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/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0466
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt088823
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt06600
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt087037
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt06522
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt014441
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0608
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0100718
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt010900
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt088823
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012849
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt035036
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0617
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt098839
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt08400
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0100718
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-961
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt04942
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0584
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt083599
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt020700
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt098839
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07304
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt012180
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0488
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt080372
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt05400
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt083599
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02334
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt04019
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03846
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03846
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt024391
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt024391
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt024391
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt024391
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt024391
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SIGNER SUBMITS QUESTIONS CONCERNING THE FORM 990 DIRECTLY TO THE PREPARER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY INTERESTED PARTIES SHOULD CONTACT BETTY MOHLENBROCK BY MAIL WITH A REQUEST FOR ANY PUBLIC STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.14$0.21$2.94$4.84$4.11$0.73
2023Detailed filing. Detailed filing data is available for this year.$2.43$0.22$2.21$4.14$4.28$0.13
2022Detailed filing. Detailed filing data is available for this year.$2.44$0.09$2.34$4.16$3.74$0.43
2021Detailed filing. Detailed filing data is available for this year.$2.01$0.09$1.92$4.10$3.17$0.93
2020Detailed filing. Detailed filing data is available for this year.$1.60$0.50$1.09$2.90$3.41$0.51
2019Detailed filing. Detailed filing data is available for this year.$1.74$0.19$1.55$2.90$3.38$0.48
2018Detailed filing. Detailed filing data is available for this year.$2.19$0.23$1.96$2.91$2.73$0.18
2017Detailed filing. Detailed filing data is available for this year.$1.99$0.16$1.83$2.56$2.64$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.04$0.18$1.86$2.77$3.10$0.34
2015Detailed filing. Detailed filing data is available for this year.$2.31$0.11$2.20$3.09$2.48$0.61
2014Detailed filing. Detailed filing data is available for this year.$1.68$0.07$1.61$2.08$1.66$0.42
2013Detailed filing. Detailed filing data is available for this year.$1.21$0.02$1.19$1.59$1.20$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.12$0.79$1.23$1.06$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.13$0.62$0.93$0.45$0.48