Civic Intelligence

All Ages Read Together Inc

990 • Fiscal year 2017 • EIN 27-1118675

Sep 01, 2016 to Aug 31, 2017 • Filed on Feb 20, 2018

8C South Street SWLeeburg, VA 20175

(540) 277-3135

Siviq Scores

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

Liabilities / Assets

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

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

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

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

Net Margin

45th percentile

1.1%

Higher net margin than 45% of similar nonprofits.

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

Top Officer Pay

85th percentile

$25,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

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

Asset Growth

54th percentile

4.7%

Faster asset growth than 54% of similar nonprofits.

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

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

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

Assets

Up

$156,708

Up $7,073 (+4.7%) from 2016

Net Assets

Up

$145,887

Up $4,441 (+3.1%) from 2016

Liabilities

Up

$10,821

Up $2,632 (+32%) from 2016

Revenue

Up

$388,370

Up $44,171 (+13%) from 2016

Expenses

Up

$383,929

Up $22,144 (+6.1%) from 2016

Net Income

Up

$4,441

Up $22,027 (+125%) 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 2012: $127,706Liabilities 2012: $646Net Assets 2012: $127,0602012Assets 2015: $169,011Liabilities 2015: $9,979Net Assets 2015: $159,0322015Assets 2016: $149,635Liabilities 2016: $8,189Net Assets 2016: $141,4462016Assets 2017: $156,708Liabilities 2017: $10,821Net Assets 2017: $145,8872017Assets 2018: $180,433Liabilities 2018: $14,740Net Assets 2018: $165,6932018Assets 2019: $180,577Liabilities 2019: $11,219Net Assets 2019: $169,3582019Assets 2020: $226,864Liabilities 2020: $56,020Net Assets 2020: $170,8442020Assets 2021: $283,026Liabilities 2021: $15,662Net Assets 2021: $267,3642021Assets 2022: $299,902Liabilities 2022: $20,554Net Assets 2022: $279,3482022Assets 2025: $321,753Liabilities 2025: $14,577Net Assets 2025: $307,1762025

Highlighted filing

2017

Assets$156,708
Liabilities$10,821
Net Assets$145,887

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $117,4492012Revenue 2015: $291,619Expenses 2015: $238,617Net Income 2015: $53,0022015Revenue 2016: $344,199Expenses 2016: $361,785Net Income 2016: -$17,5862016Revenue 2017: $388,370Expenses 2017: $383,929Net Income 2017: $4,4412017Revenue 2018: $409,776Expenses 2018: $389,970Net Income 2018: $19,8062018Revenue 2019: $419,420Expenses 2019: $415,755Net Income 2019: $3,6652019Revenue 2020: $451,852Expenses 2020: $450,366Net Income 2020: $1,4862020Revenue 2021: $581,034Expenses 2021: $484,514Net Income 2021: $96,5202021Revenue 2022: $587,249Expenses 2022: $575,265Net Income 2022: $11,9842022Revenue 2025: $831,828Expenses 2025: $817,875Net Income 2025: $13,9532025

Highlighted filing

2017

Revenue$388,370
Expenses$383,929
Net Income$4,441
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Feb 20, 2018
Return Version
2016v3.0
Gross Receipts
$406,069
Mission and Program Overview

Mission

All Ages Read Together is a non-profit 501(c)(3) dedicated to educating children in need with free preschool programs in their communities.

Dedicated to educating children in need with free preschool programs in their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,126$92,885▲ $82,759
Savings and Temporary Cash Investments$30,830$52,222▲ $21,392
Inventories for Sale or Use$4,702$4,743▲ $41
Pledges and Grants Receivable$102,500$3,594▼ $98,906
Prepaid Expenses and Deferred Charges$500$1,852▲ $1,352
Land, Buildings, and Equipment, Net$977$1,412▲ $435
Total Assets$149,635$156,708▲ $7,073
Liabilities
Accounts Payable and Accrued Expenses$8,124$10,151▲ $2,027
Deferred Revenue$65$670▲ $605
Total Liabilities$8,189$10,821▲ $2,632
Net Assets / Fund Balance
Unrestricted Net Assets$118,246$140,887▲ $22,641
Temporarily Rstr Net Assets$23,200$5,000▼ $18,200
Total Net Assets Fund Balance$141,446$145,887▲ $4,441
Total Liabilities and Net Assets / Fund Balance$149,635$156,708▲ $7,073

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,412$658$2,070
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michelle SullivanExecutive Director (Aug - Dec 2016)PT$25,000$25,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$385,847
Program Service Revenue
$0
Investment Income
$740
Other Revenue
$1,783
All Other Contributions
$345,510
Change in Net Assets
$4,441

Audited Revenue Reconciliation

Revenue per Audited Statements
$388,370
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$45,300
Total Revenue per Audited Statements
$433,670
Total Revenue per Form 990
$388,370
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$290,138
Other Expenses$85,087
Total Fundraising Expense$60,129
Professional Fundraising Fees$8,704
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$198,656$50,069$31,226$279,951
Office Expenses-$16,817$1,490$18,307
Conferences and Meetings--$12,366$12,366
Fees for Services Accounting-$11,381-$11,381
Payroll Taxes$3,892$3,868$2,427$10,187
Occupancy-$9,525-$9,525
Fees for Services Professional Fundraising--$8,704$8,704
Advertising$1,275$1,219$3,575$6,069
Fees for Services Other$2,464$2,976-$5,440
Insurance-$1,174-$1,174
Depreciation Depletion-$414-$414
Other Expenses$20,070-$341$341
Total Functional Expenses$226,357$97,443$60,129$383,929

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$429,229
Expenses per Audited Statements$383,929
Total Expenses per Form 990$383,929
Expenses Not Reported on Form 990$45,300
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,482
Fundraising Direct Expenses$17,699
Professional Fundraising Fees$8,704

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$30,680$8,600-$8,600
Horseshoe Hoedown$21,857$3,600-$3,600
Total Events$52,537$12,200$17,433$-5,233
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
Yes
Audit committee
Yes
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
Yes
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

There are family relationships between board members.

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

The governing body reviews the 990 prior to filing.

Form 990, Part VI, Section B, line 12C

The Board of Directors conducts an annual assessment of the effectiveness and compliance with the conflict of interest policy.

Form 990, Part VI, Section B, line 15A

The Board Committee conducts an annual performance review and recommends the compensation level of the Executive Director.

Form 990, Part VI, Section C, line 19

The organization provides its governing documents on request. Written conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
All Ages Read Together
EIN
27-1118675
Phone
5402773135
Address
8C South Street SW, Leeburg, VA 20175

Signing Officer

Name
Michelle Sullivan
Title
Executive Director
Phone
5402773135
Signed
2018-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Sullivan
Formed
2009
Legal Domicile
Va
Voting Board Members
11
Independent Board Members
11
Employees
3
Volunteers
64

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Nicole M Prince CPA
Phone
7038930300
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

For the years ended August 31, 2017 and 2016, there was no unrelated business income and, accordingly, no federal or state income taxes have been recorded. Contributions to AART are deductible as provided in IRC Section 170(b)(1)(A)(vi). Management has evaluated AART's tax positions and concluded that the financial statements do not include any uncertain tax positions.

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IRS990/Form990PartVIISectionAGrp/PersonNm1Leigh Shields
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01852
IRS990/PrincipalOfficerNm0Michelle Sullivan
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0304117
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0913
IRS990/PYOtherExpensesAmt0122277
IRS990/PYOtherRevenueAmt039169
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-17586
IRS990/PYSalariesCompEmpBnftPaidAmt0225286
IRS990/PYTotalExpensesAmt0361785
IRS990/PYTotalProfFndrsngExpnsAmt014222
IRS990/PYTotalRevenueAmt0344199
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04441
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt030830
IRS990/SavingsAndTempCashInvstGrp/EOYAmt052222
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0385847
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0241359
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt096756
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0136085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0207085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01067132
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0740
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0390
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0249
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0463
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01842
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74570
IRS990ScheduleA/PublicSupportPY170Pct00.62130
IRS990ScheduleA/PublicSupportPY509Pct00.46770
IRS990ScheduleA/PublicSupportTotal170Amt0797085
IRS990ScheduleA/SubstantialContributorsTotAmt0270047
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0385847
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0241359
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt096756
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0136085
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0207085
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01067132
IRS990ScheduleA/TotalSupportAmt01068974
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
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IRS990ScheduleD/DonatedServicesUseFcltsAmt045300
IRS990ScheduleD/EquipmentGrp/BookValueAmt01412
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0658
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02070
IRS990ScheduleD/ExpensesNotReportedAmt045300
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0383929
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt045300
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0388370
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0For the years ended August 31, 2017 and 2016, there was no unrelated business income and, accordingly, no federal or state income taxes have been recorded. Contributions to AART are deductible as provided in IRC Section 170(b)(1)(A)(vi). Management has evaluated AART's tax positions and concluded that the financial statements do not include any uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01412
IRS990ScheduleD/TotalExpensesPerForm990Amt0383929
IRS990ScheduleD/TotalRevenuePerForm990Amt0388370
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0433670
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0429229
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt040337
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt022080
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt018257
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt017433
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt01980
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01980
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Horseshoe Hoedown
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02325
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt04528
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt06853
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt030680
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt021857
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt052537
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt08600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt03600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt012200
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-5233
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt08600
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt08600
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There are family relationships between board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The governing body reviews the 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors conducts an annual assessment of the effectiveness and compliance with the conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board Committee conducts an annual performance review and recommends the compensation level of the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization provides its governing documents on request. Written conflict of interest policy and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt023200
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt05000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0149635
IRS990/TotalAssetsEOYAmt0156708
IRS990/TotalAssetsGrp/BOYAmt0149635
IRS990/TotalAssetsGrp/EOYAmt0156708
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0385847
IRS990/TotalEmployeeCnt03

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