Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
Freedom Readers Inc.
990EZ • Fiscal year 2015 • EIN 27-2517686
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.04x
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
88th percentile
Higher net margin than 88% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 18.7% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Balance Sheet
Assets
Up$68,394
Up $38,836 (+131%) from 2014
Net Assets
Up$65,461
Up $37,140 (+131%) from 2014
Liabilities
Up$2,933
Up $1,696 (+137%) from 2014
Revenue And Expenses
Revenue
Up$96,205
Up $40,741 (+73%) from 2014
Expenses
Up$59,066
Up $10,432 (+21%) from 2014
Net Income
Up$37,139
Up $30,309 (+444%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- May 12, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $104,548
Mission and Program Overview
Mission
To improve reading skills in low-income communities by providing one-to-one literacy tutoring, free books for home libraries, and an inspiring, high- energy learning environment.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDING ONE-TO-ONE LITERACY TUTORING, FREE BOOKS FOR HOME LIBRARIES. | - | $48,261 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TRACY BAILEY | CEO | PT | $18,000 | - | $18,000 |
| CHERYL BELL | Vice Chair | PT | $0 | - | - |
| DOMINIC STARR | Board Member | PT | $0 | - | - |
| CAROLYN ELLIS | Chair | PT | $0 | - | - |
| BARBARA BURD | Secretary | PT | $0 | - | - |
| BRATTON FENNELL | Treasurer | PT | $0 | - | - |
| GINNY KINTZ | Board Member | PT | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Uptown/downtown | $16,545 | $16,545 | - | $16,545 |
| Total Events | $16,545 | $16,545 | $5,556 | $10,989 |
Filing and Contact Details
Filer
- Filer Name
- Freedom Readers Inc
- EIN
- 27-2517686
- Address
- PO BOX 30548, MYRTLE BEACH, SC 29588-0548
Signing Officer
- Name
- Tracy Bailey
- Title
- CEO
- Signed
- 2016-05-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Bartlett Buie CPA Pa
- Address
- PO BOX 7770, MYRTLE BEACH, SC 29572
- Preparer
- Bartlett Buie
- Phone
- 8434494765
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses website 1,126 printing 169 community promotion 50 postage, mailing service 271 office supplies 1,667 telephone, telecommunications 180 conference, convention, meeti 350 insurance - liability, d and 2,795 snacks (other celebration 29 books 4,896 student supplies 1,447 student incentives 4,003 background checks 1,130 training 1,007 food 1,596 volunteer incentives/ hon 700 supplies 105 location directors 9,750 special projects or event 132 total 31,403”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 38 deferred revenue 0 2,190 fica payable 1,050 586 state withholding 187 119”
Form 990-ez, Part III
“To improve reading skills in low-income communities by providing one-to-one literacy tutoring, free books for home libraries, and an inspiring, high- energy learning environment.”
Raw XML Appendix161 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.
| Path | # | Value |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | TRACY BAILEY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8432511804 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 30548 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MYRTLE BEACH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29588 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 29559 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 68394 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 83966 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 37139 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3392 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 29559 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 68394 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 20570 |
| IRS990EZ/GrossReceiptsAmt | 0 | 104548 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 12 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 28322 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 65461 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 28322 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 65461 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 805 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 30.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 18000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CHERYL BELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DOMINIC STARR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CAROLYN ELLIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | BARBARA BURD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | TRACY BAILEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | BRATTON FENNELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | GINNY KINTZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | VICE CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 31403 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO IMPROVE READING SKILLS IN LOW-INCOME COMMUNITIES BY PROVIDING ONE-TO-ONE LITERACY TUTORING, FREE BOOKS FOR HOME LIBRARIES, AND AN INSPIRING, HIGH- ENERGY LEARNING ENVIRONMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDING ONE-TO-ONE LITERACY TUTORING, FREE BOOKS FOR HOME LIBRARIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 48261 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 23466 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 8343 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 12227 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | SC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1237 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2933 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 59066 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 48261 |
| IRS990EZ/TotalRevenueAmt | 0 | 96205 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.FREEDOMREADERS.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 83966 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 55459 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 44715 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 37059 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 11504 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 232703 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 20582 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 232703 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 83966 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 55459 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 44715 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 37059 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 11504 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 232703 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 232703 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 5556 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | UPTOWN/DOWNTOWN |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 16545 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 16545 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 16545 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 16545 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 10989 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 5556 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 5556 |
| IRS990ScheduleG/LicensedStatesCd | 0 | SC |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES WEBSITE 1,126 PRINTING 169 COMMUNITY PROMOTION 50 POSTAGE, MAILING SERVICE 271 OFFICE SUPPLIES 1,667 TELEPHONE, TELECOMMUNICATIONS 180 CONFERENCE, CONVENTION, MEETI 350 INSURANCE - LIABILITY, D AND 2,795 SNACKS (OTHER CELEBRATION 29 BOOKS 4,896 STUDENT SUPPLIES 1,447 STUDENT INCENTIVES 4,003 BACKGROUND CHECKS 1,130 TRAINING 1,007 FOOD 1,596 VOLUNTEER INCENTIVES/ HON 700 SUPPLIES 105 LOCATION DIRECTORS 9,750 SPECIAL PROJECTS OR EVENT 132 TOTAL 31,403 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 38 DEFERRED REVENUE 0 2,190 FICA PAYABLE 1,050 586 STATE WITHHOLDING 187 119 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO IMPROVE READING SKILLS IN LOW-INCOME COMMUNITIES BY PROVIDING ONE-TO-ONE LITERACY TUTORING, FREE BOOKS FOR HOME LIBRARIES, AND AN INSPIRING, HIGH- ENERGY LEARNING ENVIRONMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2016-12-15 16:53:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TRACY BAILEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-05-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FREEDOM READERS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FREE |
| ReturnHeader/Filer/EIN | 0 | 272517686 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 30548 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MYRTLE BEACH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 295880548 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 570700091 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BARTLETT BUIE CPA PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 7770 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MYRTLE BEACH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 29572 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8434494765 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-05-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BARTLETT BUIE |
| ReturnHeader/ReturnTs | 0 | 2016-05-13T13:03:17-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $68,394
- Liabilities
- $2,933
- Net assets
- $65,461
- Revenue
- $96,205
- Expenses
- $59,066
- Net income
- $37,139