Civic Intelligence

Read Lakeland Inc.

990EZ • Fiscal year 2017 • EIN 31-1467587

Apr 01, 2016 to Mar 31, 2017 • Filed on Jul 05, 2017

1628 S Florida AveLakeland, FL 33803

(863) 682-5151

Siviq Scores

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

Liabilities / Assets

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.04x

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

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

Net Margin

23rd percentile

-11%

Higher net margin than 23% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

31st percentile

-7.7%

Faster asset growth than 31% of similar nonprofits.

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

Revenue Growth

19th percentile

-26%

Faster revenue growth than 19% of similar nonprofits.

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

Assets

Down

$55,634

Down $4,633 (-7.7%) from 2016

Net Assets

Down

$53,885

Down $4,668 (-8.0%) from 2016

Liabilities

Up

$1,749

Up $35 (+2.0%) from 2016

Revenue

Down

$44,377

Down $15,923 (-26%) from 2016

Expenses

Up

$49,045

Up $1,024 (+2.1%) from 2016

Net Income

Down

-$4,668

Down $16,947 (-138%) from 2016

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2014: $44,310Net Assets 2014: $44,3102014Assets 2015: $47,521Liabilities 2015: $1,247Net Assets 2015: $46,2742015Assets 2016: $60,267Liabilities 2016: $1,714Net Assets 2016: $58,5532016Assets 2017: $55,634Liabilities 2017: $1,749Net Assets 2017: $53,8852017Assets 2018: $31,864Liabilities 2018: $1,737Net Assets 2018: $30,1272018Assets 2019: $23,141Liabilities 2019: $3,492Net Assets 2019: $19,6492019Assets 2020: $19,081Liabilities 2020: $1,737Net Assets 2020: $17,3442020Assets 2021: $36,848Liabilities 2021: $28,631Net Assets 2021: $8,2172021Assets 2022: $36,923Liabilities 2022: $30,278Net Assets 2022: $6,6452022Assets 2023: $40,024Liabilities 2023: $30,099Net Assets 2023: $9,9252023Assets 2025: $49,404Liabilities 2025: $23,549Net Assets 2025: $25,8552025

Highlighted filing

2017

Assets$55,634
Liabilities$1,749
Net Assets$53,885

Operations Trend

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

$100K$50K$0-$50KRevenue 2014: $68,624Expenses 2014: $40,116Net Income 2014: $28,5082014Revenue 2015: $55,262Expenses 2015: $53,298Net Income 2015: $1,9642015Revenue 2016: $60,300Expenses 2016: $48,021Net Income 2016: $12,2792016Revenue 2017: $44,377Expenses 2017: $49,045Net Income 2017: -$4,6682017Revenue 2018: $25,737Expenses 2018: $53,407Net Income 2018: -$27,6702018Revenue 2019: $43,656Expenses 2019: $48,160Net Income 2019: -$4,5042019Revenue 2020: $45,224Expenses 2020: $47,529Net Income 2020: -$2,3052020Revenue 2021: $33,173Expenses 2021: $42,302Net Income 2021: -$9,1292021Revenue 2022: $38,453Expenses 2022: $40,023Net Income 2022: -$1,5702022Revenue 2023: $42,748Expenses 2023: $39,468Net Income 2023: $3,2802023Revenue 2025: $53,479Expenses 2025: $47,661Net Income 2025: $5,8182025

Highlighted filing

2017

Revenue$44,377
Expenses$49,045
Net Income-$4,668
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
Jul 5, 2017
Return Version
2016v3.0
Gross Receipts
$44,377
Mission and Program Overview

Mission

Read lakeland, inc is a nonprofit 501 (c) (3) organization dedicated to teaching basic literacy skills that include reading, writing, math, and english language skills to adults who are low literate or speakers of other languages. Established in 1995 by volunteers as a community based organization organization to promote adult literacy, read lakeland has provided one-on-one and small group tutoring services to hundreds of adults in lakeland and surrounding areas. Read lakeland is dedicated to improving the quality of life in the community through teaching basic literacy skills to adult nonreaders and promoting adult and family literacy.

Read lakeland, inc. Is a nonprofit 501(c)(3) organization dedicated to teaching basic literacy skills that include, reading, writing, math and english language skills to adults who are low literate or speakers of other languages. Established in 1995 by volunteers as a community-based organization to promote adult literacy, read lakeland has provided one-on- one and small group tutoring services to hundreds of adults in lakeland and surrounding areas. Read lakeland is dedicated to improving the quality of life in the community through teaching basic literacy skills to adult nonreaders and promoting adult and family literacy.

Program Services

DescriptionGrantsExpenses
FOR ALL ADULTS WITH LOW LITERACY SKILLS AND WHO ARE WILLING TO PUT FORTH THE EFFORT TO LEARN, WE PROVIDE A MEANS TO END THE TRAGIC CYCLE OF ILLITERACY AND ITS CORRELATION WITH UNEMPLOYMENT, POVERTY, AND ACCOMPANYING SOCIAL ILLS. READ LAKELAND RECRUITS, TRAINS, MATCHES AND SUPPORTS VOLUNTEERS WHO WOULD LIKE TO TUTOR ADULTS IN NEED OF LITERACY SERVICES. READ LAKELAND TUTORING SERVICES INCLUDE BASIC ADULT LITERACY SUPPORT FOR ADULTS PREPARING TO ENTER A GED PROGRAM OR WANT TO IMPROVE LEARNING SKILLS THAT WILL HELP THEM GAIN ENTRY TO A HIGHER LEVEL LEARNING INSTITUTION, OR FOR THEIR PERSONAL IMPROVEMENT, AND ENGLISH AS A SECOND LANGUAGE (ESL). ALL OF OUR SERVICES ARE PROVIDED AT NO CHARGE TO THE LEARNER. WHILE MOST OF OUR TUTORING IS ONE-ON-ONE, WE HAVE SMALL GROUP TUTORING IN WRITING SKILLS AND ENGLISH CONVERSATION.$60$49,045
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALI WRIGHTPresident-$0--
ANSLEY MARTINVice Preside-$0--
COURTLANN THOMASSecretary-$0--
JAMES L PREVITETreasurer-$0--
WHITNEY TROUTDirector-$0--
MELANIE MCDANIELDirector-$0--
CHRISTINE MURPHYDirector-$0--
BETHANY REYCRAFTDirector-$0--
TRACEY WILLIAMSDirector-$0--
MICHELLE MAENZA HINDSDirector-$0--
MEGAN LEWMANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Read Lakeland Inc
EIN
31-1467587
Address
1628 S FLORIDA AVE, LAKELAND, FL 33803

Signing Officer

Name
Ali Wright
Title
President
Phone
8637126796
Signed
2017-07-05
Discuss with paid preparer
Yes

Preparer

Firm
Hamic Previte & Sturwold Pa
Address
1905 S FLORIDA AVE, LAKELAND, FL 33803
Preparer
James L Previte
Phone
8636825151
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 474 office expense 1,602 kiss the pig expenses 4,717 taxes & licenses 199 telephone 807 tutor materials 2,622 dues & subscriptions 398 computer & internet expense 590 insurance 505 non-investment depreciation 1,346 total 13,260

Form 990-ez, Part I, Line 20

Book / tax accumulated depreciation difference 0

Form 990-ez, Part II, Line 24

L/r employees 430 0 prepaid expenses and deferred charges 100 100 3,290 5,290 less accumulated depreciation 1,955 3,301 total 1,865 2,089

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,714 1,749

Form 990-ez, Part III

Read lakeland, inc. Is a nonprofit 501(c)(3) organization dedicated to teaching basic literacy skills that include, reading, writing, math and english language skills to adults who are low literate or speakers of other languages. Established in 1995 by volunteers as a community-based organization to promote adult literacy, read lakeland has provided one-on- one and small group tutoring services to hundreds of adults in lakeland and surrounding areas. Read lakeland is dedicated to improving the quality of life in the community through teaching basic literacy skills to adult nonreaders and promoting adult and family literacy.

Form 990-ez, Part III, Line 28

For all adults with low literacy skills and who are willing to put forth the effort to learn, we provide a means to end the tragic cycle of illiteracy and its correlation with unemployment, poverty, and accompanying social ills. Read lakeland recruits, trains, matches and supports volunteers who would like to tutor adults in need of literacy services. Read lakeland tutoring services include basic adult literacy support for adults preparing to enter a ged program or want to improve learning skills that will help them gain entry to a higher level learning institution, or for their personal improvement, and english as a second language (esl). All of our services are provided at no charge to the learner. While most of our tutoring is one-on-one, we have small group tutoring in writing skills and english conversation.

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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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IRS990EZ/PrimaryExemptPurposeTxt0READ LAKELAND, INC. IS A NONPROFIT 501(C)(3) ORGANIZATION DEDICATED TO TEACHING BASIC LITERACY SKILLS THAT INCLUDE, READING, WRITING, MATH AND ENGLISH LANGUAGE SKILLS TO ADULTS WHO ARE LOW LITERATE OR SPEAKERS OF OTHER LANGUAGES. ESTABLISHED IN 1995 BY VOLUNTEERS AS A COMMUNITY-BASED ORGANIZATION TO PROMOTE ADULT LITERACY, READ LAKELAND HAS PROVIDED ONE-ON- ONE AND SMALL GROUP TUTORING SERVICES TO HUNDREDS OF ADULTS IN LAKELAND AND SURROUNDING AREAS. READ LAKELAND IS DEDICATED TO IMPROVING THE QUALITY OF LIFE IN THE COMMUNITY THROUGH TEACHING BASIC LITERACY SKILLS TO ADULT NONREADERS AND PROMOTING ADULT AND FAMILY LITERACY.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FOR ALL ADULTS WITH LOW LITERACY SKILLS AND WHO ARE WILLING TO PUT FORTH THE EFFORT TO LEARN, WE PROVIDE A MEANS TO END THE TRAGIC CYCLE OF ILLITERACY AND ITS CORRELATION WITH UNEMPLOYMENT, POVERTY, AND ACCOMPANYING SOCIAL ILLS. READ LAKELAND RECRUITS, TRAINS, MATCHES AND SUPPORTS VOLUNTEERS WHO WOULD LIKE TO TUTOR ADULTS IN NEED OF LITERACY SERVICES. READ LAKELAND TUTORING SERVICES INCLUDE BASIC ADULT LITERACY SUPPORT FOR ADULTS PREPARING TO ENTER A GED PROGRAM OR WANT TO IMPROVE LEARNING SKILLS THAT WILL HELP THEM GAIN ENTRY TO A HIGHER LEVEL LEARNING INSTITUTION, OR FOR THEIR PERSONAL IMPROVEMENT, AND ENGLISH AS A SECOND LANGUAGE (ESL). ALL OF OUR SERVICES ARE PROVIDED AT NO CHARGE TO THE LEARNER. WHILE MOST OF OUR TUTORING IS ONE-ON-ONE, WE HAVE SMALL GROUP TUTORING IN WRITING SKILLS AND ENGLISH CONVERSATION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 474 OFFICE EXPENSE 1,602 KISS THE PIG EXPENSES 4,717 TAXES & LICENSES 199 TELEPHONE 807 TUTOR MATERIALS 2,622 DUES & SUBSCRIPTIONS 398 COMPUTER & INTERNET EXPENSE 590 INSURANCE 505 NON-INVESTMENT DEPRECIATION 1,346 TOTAL 13,260
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2L/R EMPLOYEES 430 0 PREPAID EXPENSES AND DEFERRED CHARGES 100 100 3,290 5,290 LESS ACCUMULATED DEPRECIATION 1,955 3,301 TOTAL 1,865 2,089
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,714 1,749
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4READ LAKELAND, INC. IS A NONPROFIT 501(C)(3) ORGANIZATION DEDICATED TO TEACHING BASIC LITERACY SKILLS THAT INCLUDE, READING, WRITING, MATH AND ENGLISH LANGUAGE SKILLS TO ADULTS WHO ARE LOW LITERATE OR SPEAKERS OF OTHER LANGUAGES. ESTABLISHED IN 1995 BY VOLUNTEERS AS A COMMUNITY-BASED ORGANIZATION TO PROMOTE ADULT LITERACY, READ LAKELAND HAS PROVIDED ONE-ON- ONE AND SMALL GROUP TUTORING SERVICES TO HUNDREDS OF ADULTS IN LAKELAND AND SURROUNDING AREAS. READ LAKELAND IS DEDICATED TO IMPROVING THE QUALITY OF LIFE IN THE COMMUNITY THROUGH TEACHING BASIC LITERACY SKILLS TO ADULT NONREADERS AND PROMOTING ADULT AND FAMILY LITERACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FOR ALL ADULTS WITH LOW LITERACY SKILLS AND WHO ARE WILLING TO PUT FORTH THE EFFORT TO LEARN, WE PROVIDE A MEANS TO END THE TRAGIC CYCLE OF ILLITERACY AND ITS CORRELATION WITH UNEMPLOYMENT, POVERTY, AND ACCOMPANYING SOCIAL ILLS. READ LAKELAND RECRUITS, TRAINS, MATCHES AND SUPPORTS VOLUNTEERS WHO WOULD LIKE TO TUTOR ADULTS IN NEED OF LITERACY SERVICES. READ LAKELAND TUTORING SERVICES INCLUDE BASIC ADULT LITERACY SUPPORT FOR ADULTS PREPARING TO ENTER A GED PROGRAM OR WANT TO IMPROVE LEARNING SKILLS THAT WILL HELP THEM GAIN ENTRY TO A HIGHER LEVEL LEARNING INSTITUTION, OR FOR THEIR PERSONAL IMPROVEMENT, AND ENGLISH AS A SECOND LANGUAGE (ESL). ALL OF OUR SERVICES ARE PROVIDED AT NO CHARGE TO THE LEARNER. WHILE MOST OF OUR TUTORING IS ONE-ON-ONE, WE HAVE SMALL GROUP TUTORING IN WRITING SKILLS AND ENGLISH CONVERSATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
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ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES L PREVITE
ReturnHeader/ReturnTs02017-11-03T13:44:52-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-04-01
ReturnHeader/TaxPeriodEndDt02017-03-31
ReturnHeader/TaxYr02016

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