Civic Intelligence

Ready for School

990 • Fiscal year 2021 • EIN 27-4898652

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 16, 2022

268 E 8th Street Suite 10Holland, MI 49423

(616) 834-0515

Siviq Scores

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

Liabilities / Assets

76th percentile

0.23x

Higher debt load relative to assets than 76% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

73rd percentile

0.20x

Higher debt load relative to revenue than 73% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

43rd percentile

8.5%

Higher net margin than 43% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

86th percentile

$91,341

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

44th percentile

6.7%

Faster asset growth than 44% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

52%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$842,303

Up $52,708 (+6.7%) from 2020

Net Assets

Up

$649,157

Up $82,986 (+15%) from 2020

Liabilities

Down

$193,146

Down $30,278 (-14%) from 2020

Revenue

Up

$975,442

Up $334,304 (+52%) from 2020

Expenses

Up

$892,456

Up $194,087 (+28%) from 2020

Net Income

Up

$82,986

Up $140,217 (+245%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $201,129Liabilities 2011: $34,666Net Assets 2011: $166,4632011Assets 2012: $493,066Liabilities 2012: $40,279Net Assets 2012: $452,7872012Assets 2013: $731,198Liabilities 2013: $18,760Net Assets 2013: $712,4382013Assets 2014: $993,299Liabilities 2014: $9,331Net Assets 2014: $983,9682014Assets 2015: $1,564,301Liabilities 2015: $11,687Net Assets 2015: $1,552,6142015Assets 2016: $1,074,777Liabilities 2016: $9,614Net Assets 2016: $1,065,1632016Assets 2017: $855,105Liabilities 2017: $25,383Net Assets 2017: $829,7222017Assets 2018: $640,298Liabilities 2018: $14,017Net Assets 2018: $626,2812018Assets 2019: $638,457Liabilities 2019: $15,055Net Assets 2019: $623,4022019Assets 2020: $789,595Liabilities 2020: $223,424Net Assets 2020: $566,1712020Assets 2021: $842,303Liabilities 2021: $193,146Net Assets 2021: $649,1572021Assets 2022: $680,167Liabilities 2022: $428,113Net Assets 2022: $252,0542022Assets 2024: $947,091Liabilities 2024: $176,880Net Assets 2024: $770,2112024

Highlighted filing

2021

Assets$842,303
Liabilities$193,146
Net Assets$649,157

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $494,8042011Expenses 2012: $851,2322012Revenue 2013: $1,360,411Expenses 2013: $1,082,506Net Income 2013: $277,9052013Revenue 2014: $1,508,223Expenses 2014: $1,236,693Net Income 2014: $271,5302014Revenue 2015: $1,526,437Expenses 2015: $957,791Net Income 2015: $568,6462015Revenue 2016: $323,272Expenses 2016: $810,723Net Income 2016: -$487,4512016Revenue 2017: $557,596Expenses 2017: $793,037Net Income 2017: -$235,4412017Revenue 2018: $595,672Expenses 2018: $799,113Net Income 2018: -$203,4412018Revenue 2019: $639,355Expenses 2019: $642,234Net Income 2019: -$2,8792019Revenue 2020: $641,138Expenses 2020: $698,369Net Income 2020: -$57,2312020Revenue 2021: $975,442Expenses 2021: $892,456Net Income 2021: $82,9862021Revenue 2022: $758,634Expenses 2022: $1,154,078Net Income 2022: -$395,4442022Revenue 2024: $1,189,025Expenses 2024: $1,046,772Net Income 2024: $142,2532024

Highlighted filing

2021

Revenue$975,442
Expenses$892,456
Net Income$82,986
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 16, 2022
Return Version
2021v4.0
Gross Receipts
$989,469
Mission and Program Overview

Mission

Ready for school prepares children for success by equipping parents through integrated support of the holland, zeeland and hamilton communities. The organization accomplished this by engaging and informing parents, enhancing existing programming, and expanding early learning opportunities.

To prepare children for success in kindergarten and life by equipping parents and families through the integrated support of the holland, zeeland, and hamilton communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$281,313$329,153▲ $47,840
Cash and Non-Interest-Bearing Accounts$336,645$299,284▼ $37,361
Accounts Receivable-$146,076-
Pledges and Grants Receivable$151,210$47,000▼ $104,210
Land, Buildings, and Equipment, Net$18,616$19,121▲ $505
Prepaid Expenses and Deferred Charges$1,811$1,669▼ $142
Total Assets$789,595$842,303▲ $52,708
Liabilities
Unsecured Notes Loans Payable$212,800$150,000▼ $62,800
Accounts Payable and Accrued Expenses$10,624$43,146▲ $32,522
Total Liabilities$223,424$193,146▼ $30,278
Net Assets / Fund Balance
Net Assets With Donor Restrictions$403,717$464,595▲ $60,878
Net Assets Without Donor Restrictions$162,454$184,562▲ $22,108
Total Net Assets Fund Balance$566,171$649,157▲ $82,986
Total Liabilities and Net Assets / Fund Balance$789,595$842,303▲ $52,708

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,307$42,075$55,382
Leasehold Improvements$5,814$2,055$7,869
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donna LowryPresident, CFT$87,458$3,883$91,341

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$761,765
Program Service Revenue
$224,740
Investment Income
$2,370
Other Revenue
$-13,433
All Other Contributions
$372,582
Change in Net Assets
$82,986

Audited Revenue Reconciliation

Revenue per Audited Statements
$975,442
Total Revenue per Audited Statements
$975,442
Total Revenue per Form 990
$975,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$537,447
Salaries, Compensation, and Employee Benefits$355,009
Total Fundraising Expense$64,111
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$153,624$21,953$39,542$215,119
Current Officers, Directors, Trustees, and Key Employees$55,776$18,074$17,491$91,341
Fees for Services Other$51,260$2,519$3,415$57,194
Payroll Taxes$29,444$5,196-$34,640
Occupancy$18,435$9,146$1,999$29,580
Fees for Services Accounting$19,583$3,456-$23,039
Pension Plan Contributions$9,450$1,670-$11,120
Depreciation Depletion$6,096$338$339$6,773
Interest$4,177--$4,177
Insurance$2,923$1,252-$4,175
Advertising$3,206$377$189$3,772
Other Employee Benefits$2,371$418-$2,789
Office Expenses$1,293$452$351$2,096
Other Expenses$597$75$74$746
Travel$503$94$32$629
All Other Expenses--$181$181
Conferences and Meetings$134$25$8$167
Total Functional Expenses$757,325$71,020$64,111$892,456

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$892,456
Total Expenses per Audited Statements$892,456
Total Expenses per Form 990$892,456
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$14,027
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Breakfas$46,946-$9,642-
Total Events$46,946-$14,027$-14,027
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 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
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, Page 6, Part VI, Line 11B

The accounting firm provides the organization with a draft copy of the form 990. The executive director and executive office manager review the form and make any corrections or suggestions as necessary. The accounting firm then updates the form and electronically files it.

Form 990, Page 6, Part VI, Line 12C

A director, officer or administrative staff will be required to disclose to the ready for school board of directors any affiliation with an organization seeking to provide services, equipment or facilities to ready for school, or when a director, officer, or administraive staff has any duality of interest or possible conflict of interest, real or apparent, such affiliations or conflict of interest must be disclosed to the ready for school board of directors and made a matter of record either when the interest becomes a matter of board action or a part of the annual procedure established by the board. To address actual and potential conflicts of interest, any director, officer or administrative staff having a duality of interest or possible conflict of interest will follow the following procedures with regard to matters brought before the board of directors: statement of position, voting, and duty of good faith.

Form 990, Page 6, Part VI, Line 15A

The board takes into consideration comparability studies using national and local nonprofit data to assist with determining the salary. The ready for school board of directors approves the salary, and all changes are shown in the board minutes.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public on request.

Filing and Contact Details

Filer

Filer Name
Ready for School
EIN
27-4898652
Phone
6168340515
Address
268 E 8TH STREET SUITE 10, HOLLAND, MI 49423
Doing Business As
Reach Out and Read West Michigan

Signing Officer

Name
Donna Lowry
Title
President, CEO
Phone
6163957055
Signed
2022-08-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donna Lowry
Formed
2011
Legal Domicile
Mi
Voting Board Members
15
Independent Board Members
15
Employees
11
Volunteers
20

Preparer

Firm
Hungerford Nichols Cpas Advisors
Address
675 EAST 16TH STREET 100, HOLLAND, MI 49423
Preparer
Douglas W Rotman
Phone
6163928534
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

ACTUAL COUNT

Form 990, Page 2, Part III, Line 4A

2020 impact hightlights: demonstrating that early childhood is a community priority: - since 2009, kindergarten readiness has increased from 43 to 70% per an early literacy measure. Accelerate access to year round early childhood learning experiences: - awarded over 200 access scholarships for preschool tuition during the traditional school year. - collaboration with navigation of the early childhood system through referrals to state and federal preschool programs and ottawa counties help me grow care coordination team. - created high quality summer learning opportunities for 70 incoming kindergartners and caregivers. This program, start school ready, is a readiness accelerator that over 7 years has shown statistically significant increases in early literacy and social emotional readiness. Covid constraints required that the program be held in local parks with child and caregiver in attendance. It increased family confidence in kindergarten readiness. Enhance world-class early childhood professional talent: - enhanced trusted healthcare provider relationships through reach out and read: over 6,000 well child visits were enhanced with developmentally appropriate books and healthcare provider conversations, delivered kindergarten readiness kits to nearly 800 soon to be kindergartners - enhanced pre-k and kindergarten educator's approaches to early literacy and social emotional readiness through community offerings: the little read and start school ready - enhanced relationships and peer learning through early educator roundtables. Innovate to expand early learning opportunities: - aligned and connected pre-k and kindergarten educators through professional development that focused on early literacy and social emotional readiness - implemented a four-week camp education experience, kindergarten readiness camp. This strategy helped fill the year-round need for high quality learning opportunities which include transportation and nutrition support that accelerate kindergarten readiness -maintained expansion through partnerships with three partners with the addition of a new parter. School systems: maintained with holland public schools, zeeland public schools, and hamilton community schools and added west ottawa public schools. Third evaluation demonstrated statistically significant increases in social emotional and early literacy readiness skills.

Raw XML AppendixShowing 400 of 519 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.

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IRS990/Desc02020 IMPACT HIGHTLIGHTS: DEMONSTRATING THAT EARLY CHILDHOOD IS A COMMUNITY PRIORITY: - SINCE 2009, KINDERGARTEN READINESS HAS INCREASED FROM 43 TO 70% PER AN EARLY LITERACY MEASURE. ACCELERATE ACCESS TO YEAR ROUND EARLY CHILDHOOD LEARNING EXPERIENCES: - AWARDED OVER 200 ACCESS SCHOLARSHIPS FOR PRESCHOOL TUITION DURING THE TRADITIONAL SCHOOL YEAR. - COLLABORATION WITH NAVIGATION OF THE EARLY CHILDHOOD SYSTEM THROUGH REFERRALS TO STATE AND FEDERAL PRESCHOOL PROGRAMS AND OTTAWA COUNTIES HELP ME GROW CARE COORDINATION TEAM. - CREATED HIGH QUALITY SUMMER LEARNING OPPORTUNITIES FOR 70 INCOMING KINDERGARTNERS AND CAREGIVERS. THIS PROGRAM, START SCHOOL READY, IS A READINESS ACCELERATOR THAT OVER 7 YEARS HAS SHOWN STATISTICALLY SIGNIFICANT INCREASES IN EARLY LITERACY AND SOCIAL EMOTIONAL READINESS. COVID CONSTRAINTS REQUIRED THAT THE PROGRAM BE HELD IN LOCAL PARKS WITH CHILD AND CAREGIVER IN ATTENDANCE. IT INCREASED FAMILY CONFIDENCE IN KINDERGARTEN READINESS. ENHANCE WORLD-CLASS EARLY CHILDHOOD PROFESSIONAL TALENT: - ENHANCED TRUSTED HEALTHCARE PROVIDER RELATIONSHIPS THROUGH REACH OUT AND READ: OVER 6,000 WELL CHILD VISITS WERE ENHANCED WITH DEVELOPMENTALLY APPROPRIATE BOOKS AND HEALTHCARE PROVIDER CONVERSATIONS, DELIVERED KINDERGARTEN READINESS KITS TO NEARLY 800 SOON TO BE KINDERGARTNERS - ENHANCED PRE-K AND KINDERGARTEN EDUCATOR'S APPROACHES TO EARLY LITERACY AND SOCIAL EMOTIONAL READINESS THROUGH COMMUNITY OFFERINGS: THE LITTLE READ AND START SCHOOL READY - ENHANCED RELATIONSHIPS AND PEER LEARNING THROUGH EARLY EDUCATOR ROUNDTABLES. INNOVATE TO EXPAND EARLY LEARNING OPPORTUNITIES: - ALIGNED AND CONNECTED PRE-K AND KINDERGARTEN EDUCATORS THROUGH PROFESSIONAL DEVELOPMENT THAT FOCUSED ON EARLY LITERACY AND SOCIAL EMOTIONAL READINESS - IMPLEMENTED A FOUR-WEEK CAMP EDUCATION EXPERIENCE, KINDERGARTEN READINESS CAMP. THIS STRATEGY HELPED FILL THE YEAR-ROUND NEED FOR HIGH QUALITY LEARNING OPPORTUNITIES WHICH INCLUDE TRANSPORTATION AND NUTRITION SUPPORT THAT ACCELERATE KINDERGARTEN READINESS -MAINTAINED EXPANSION THROUGH PARTNERSHIPS WITH THREE PARTNERS WITH THE ADDITION OF A NEW PARTER. SCHOOL SYSTEMS: MAINTAINED WITH HOLLAND PUBLIC SCHOOLS, ZEELAND PUBLIC SCHOOLS, AND HAMILTON COMMUNITY SCHOOLS AND ADDED WEST OTTAWA PUBLIC SCHOOLS. THIRD EVALUATION DEMONSTRATED STATISTICALLY SIGNIFICANT INCREASES IN SOCIAL EMOTIONAL AND EARLY LITERACY READINESS SKILLS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE SECRETA
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5EMERITUS BOA
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT, C
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IRS990/MissionDesc0TO PREPARE CHILDREN FOR SUCCESS IN KINDERGARTEN AND LIFE BY EQUIPPING PARENTS AND FAMILIES THROUGH THE INTEGRATED SUPPORT OF THE HOLLAND, ZEELAND, AND HAMILTON COMMUNITIES.
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IRS990/OtherExpensesGrp/Desc0DIRECT PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc1TUITION ASSISTANCE
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
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IRS990/OtherExpensesGrp/ProgramServicesAmt3597
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IRS990/OtherExpensesGrp/TotalAmt2769
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01670
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01811
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IRS990/PrincipalOfficerNm0DONNA LOWRY
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
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IRS990/RelatedEntityInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0329153
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0645710
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0536909
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt042075
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IRS990ScheduleD/ExpensesSubtotalAmt0892456
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.18$0.77$1.19$1.05$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.43$0.25$0.76$1.15$0.40
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.19$0.65$0.98$0.89$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.22$0.57$0.64$0.70$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.02$0.62$0.64$0.64$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.01$0.63$0.60$0.80$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.03$0.83$0.56$0.79$0.24
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.01$1.07$0.32$0.81$0.49
2015Detailed filing. Detailed filing data is available for this year.$1.56$0.01$1.55$1.53$0.96$0.57
2014Detailed filing. Detailed filing data is available for this year.$0.99$0.01$0.98$1.51$1.24$0.27
2013Detailed filing. Detailed filing data is available for this year.$0.73$0.02$0.71$1.36$1.08$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.04$0.45$0.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.03$0.17$0.49