Civic Intelligence

Wright to Read Inc C/O Mendelson & Mendelson CPA'S

990 • Fiscal year 2015 • EIN 37-1693086

Sep 01, 2014 to Aug 31, 2015 • Filed on Feb 03, 2016

414 N Washington St Suite 101Alexandria, VA 22314

(703) 299-9855

Siviq Scores

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

Liabilities / Assets

87th percentile

0.39x

Higher debt load relative to assets than 87% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

44th percentile

1.1%

Higher net margin than 44% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

98th percentile

$87,031

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 35.7% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

92nd percentile

123%

Faster asset growth than 92% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$15,769

Up $8,697 (+123%) from 2014

Net Assets

Up

$9,674

Up $2,602 (+37%) from 2014

Liabilities

Up

$6,095

Up $6,095 from 2014

Revenue

Up

$243,982

Up $24,076 (+11%) from 2014

Expenses

Up

$241,380

Up $25,400 (+12%) from 2014

Net Income

Down

$2,602

Down $1,324 (-34%) from 2014

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2012: $3,934Liabilities 2012: $02012Assets 2013: $3,146Liabilities 2013: $0Net Assets 2013: $3,1462013Assets 2014: $7,072Liabilities 2014: $0Net Assets 2014: $7,0722014Assets 2015: $15,769Liabilities 2015: $6,095Net Assets 2015: $9,6742015Assets 2016: $89,090Liabilities 2016: $1,906Net Assets 2016: $87,1842016Assets 2017: $32,762Liabilities 2017: $15,150Net Assets 2017: $17,6122017

Highlighted filing

2015

Assets$15,769
Liabilities$6,095
Net Assets$9,674

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $181,941Expenses 2012: $178,007Net Income 2012: $3,9342012Revenue 2013: $194,396Expenses 2013: $195,184Net Income 2013: -$7882013Revenue 2014: $219,906Expenses 2014: $215,980Net Income 2014: $3,9262014Revenue 2015: $243,982Expenses 2015: $241,380Net Income 2015: $2,6022015Revenue 2016: $283,648Expenses 2016: $206,138Net Income 2016: $77,5102016Revenue 2017: $172,507Expenses 2017: $242,079Net Income 2017: -$69,5722017

Highlighted filing

2015

Revenue$243,982
Expenses$241,380
Net Income$2,602
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Feb 3, 2016
Return Version
2014v6.0
Gross Receipts
$249,282
Mission and Program Overview

Mission

Provide volunteer-based one-on-one sustained literacy tutoring & mentoring relationships to city of alexandria elementary school children in need, and collaborate with families, schools and community partners to create a comprehensive support network that guides each child to success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,069$15,588▲ $9,519
Loans From Officers Directors-$1,688-
Accounts Receivable$700--
Land, Buildings, and Equipment, Net$303$181▼ $122
Total Assets$7,072$15,769▲ $8,697
Liabilities
Accounts Payable and Accrued Expenses-$4,407-
Total Liabilities$0$6,095▲ $6,095
Net Assets / Fund Balance
Unrestricted Net Assets$7,072$8,327▲ $1,255
Temporarily Rstr Net Assets-$1,347-
Total Net Assets Fund Balance$7,072$9,674▲ $2,602
Total Liabilities and Net Assets / Fund Balance$7,072$15,769▲ $8,697

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$181$869$1,050
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leigh NidaEx Director - ResFT$78,231$8,800$87,031

Board Members and Trustees

NameTitle
James EpsteinChair
Jennifer GaleVice Chair
Clare FergusonBoard of Director
Juanita IlleraBoard of Director
Patsy TicerBoard of Director
Shannon JonesBoard of Director
Tamara SaltonstallBoard of Director
Margaret G MorrisonEx Director - Hir
Pam WalkupSecretary
Dan FiggTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$240,742
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$3,240
All Other Contributions
$207,107
Change in Net Assets
$2,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$158,680
Other Expenses$80,200
Total Fundraising Expense$34,190
Grants and Similar Amounts Paid$2,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$47,477$22,043$15,261$84,781
Other Salaries and Wages$29,401$13,651$9,450$52,502
Office Expenses$32,478$4,594$957$38,029
Occupancy$16,309$8,402-$24,711
Other Employee Benefits$6,759$2,316$1,677$10,752
Payroll Taxes$5,855$2,661$2,129$10,645
Fees for Services Other$585$2,386$3,250$6,221
Fees for Services Accounting-$4,156-$4,156
Insurance-$2,805-$2,805
Information Technology$931$491$1,163$2,585
Grants to Domestic Orgs$2,500--$2,500
Conferences and Meetings$347$736-$1,083
Advertising--$303$303
Fees for Services Legal-$149-$149
Depreciation Depletion$61$61-$122
Travel-$36-$36
Total Functional Expenses$142,703$64,487$34,190$241,380
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$1,688-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

A draft of the 990 is provided to the finance committee for review. The finance committee then presents the 990 to the board for approval before it is filed.

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

The board performs comparisons in salary during the budget process, and an annual performance review is performed.

Form 990, Page 6, Part VI, Line 19

All documents are available upon request.

Form 990, Part VII

Margaret g. Morrison was hired in june 2015 to succeed leigh nida as executive director, and therefore had no income to report for calendar year 2014.

Filing and Contact Details

Filer

Filer Name
Wright to Read Inc
EIN
37-1693086
Phone
7032999855
Address
414 N WASHINGTON ST SUITE 101, ALEXANDRIA, VA 22314

Signing Officer

Name
Margaret G Morrison
Title
Executive Director
Phone
7032999855
Signed
2016-02-03

Organization Details

Principal Officer
Margaret G Morrison
Formed
2012
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
130

Preparer

Firm
MENDELSON & MENDELSON CPA'S A PC
Address
12505 PARK POTOMAC AVE STE 250, POTOMAC, MD 20854-6805
Preparer
Brad L Mendelson CPA
Phone
3016560001
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Provide volunteer-based one-on-one sustained literacy tutoring & mentoring relationships to city of alexandria elementary school children in need, and collaborate with families, schools and community partners to create a comprehensive support network that guides each child to success.

Form 990, Page 1, Part I, Line 6

Wright to reads year-round, out of school time program combines tutoring academic support and assistance and mentoring positive modeling and social guidance. Core components include: 1. Weekly 1-hour tutoring sessions provided by volunteer "tutor/mentors" who work 1:1 with their students (beginning in grades 1-5) for a minimum of one year, most stay with their students for 3 years, and some for longer; 2. Literature-based, individualized tutoring plans, aligned with state standards ; 3. Periodic assessment to measure progress and identify the students areas in need of attention; 4. Free books and other educational materials; 5. Field trips and experiential learning; and 6. Family engagement and parental support. Community partnerships enable wright to read to address needs, fill gaps, and provide financial and in-kind support. In the 2014-2015 academic year (september-june), we recruited, screened, trained, and coached 40 new tutor/mentors and placed them with 40 city of alexandria public school students in grades 1-5, referred for our assistance because they were reading at least one level below grade level. We also served 49 continuing student/volunteer pairs from the prior year. 80% of our students increased a full instructional reading level in 2014- 2015 (a significant increase over 60% improvement rate for the prior year.) last year, 88% of the 89 students served qualified for free/reduced price meals; 93% were students of color (non-white); 52% received english language learning services; and 23% were special education students. Because students entering the program have significant literacy and often other challenges, we train tutor/mentors to "meet the students where they are- and aim to "bring them to where they need to be". Once we identify interests, strengths, and weaknesses, we design and implement a tutoring plan employing multi-sensory and more traditional techniques with specific benchmarks corresponding to state and school standards. We help tutor/mentors choose "just right" books (enjoyable and appropriate in content and reading level). After a student and tutor/mentor work on a book together, the student adds the book to their home library. Access to books is critical in developing of fluent readers, and home libraries benefit everyone in the home. In addition to our winter holiday gathering and end of school year picnic with food, games, and prizes to celebrate the students and volunteers accomplishments and friendships, we also provide "readers take the stage," events during which our students "take the stage" to read aloud to an audience of tutor/mentors, other students and families. Depending upon the child's interests and skills, the child might read from a book or something the child has written, a story or a poem. This activity builds confidence and demonstrates proficiency. Field trips to places like huntley meadows help children learn about the natural world, and outings to museums provide exposure to the washington metropolitan areas rich cultural and historical resources.

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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CASH FLOW
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0AS A RESULT OF CASH FLOW ISSUES, THE EXECUTIVE DIRECTOR LOANED THE ENTITY FUNDS, UPON BOARD APPROVAL, FOR OPERATIONAL EXPNESES. THESE FUNDS ARE TO BE PAID BACK WITHIN THE NEXT 12 MONTHS.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE VOLUNTEER-BASED ONE-ON-ONE SUSTAINED LITERACY TUTORING & MENTORING RELATIONSHIPS TO CITY OF ALEXANDRIA ELEMENTARY SCHOOL CHILDREN IN NEED, AND COLLABORATE WITH FAMILIES, SCHOOLS AND COMMUNITY PARTNERS TO CREATE A COMPREHENSIVE SUPPORT NETWORK THAT GUIDES EACH CHILD TO SUCCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WRIGHT TO READS YEAR-ROUND, OUT OF SCHOOL TIME PROGRAM COMBINES TUTORING ACADEMIC SUPPORT AND ASSISTANCE AND MENTORING POSITIVE MODELING AND SOCIAL GUIDANCE. CORE COMPONENTS INCLUDE: 1. WEEKLY 1-HOUR TUTORING SESSIONS PROVIDED BY VOLUNTEER "TUTOR/MENTORS" WHO WORK 1:1 WITH THEIR STUDENTS (BEGINNING IN GRADES 1-5) FOR A MINIMUM OF ONE YEAR, MOST STAY WITH THEIR STUDENTS FOR 3 YEARS, AND SOME FOR LONGER; 2. LITERATURE-BASED, INDIVIDUALIZED TUTORING PLANS, ALIGNED WITH STATE STANDARDS ; 3. PERIODIC ASSESSMENT TO MEASURE PROGRESS AND IDENTIFY THE STUDENTS AREAS IN NEED OF ATTENTION; 4. FREE BOOKS AND OTHER EDUCATIONAL MATERIALS; 5. FIELD TRIPS AND EXPERIENTIAL LEARNING; AND 6. FAMILY ENGAGEMENT AND PARENTAL SUPPORT. COMMUNITY PARTNERSHIPS ENABLE WRIGHT TO READ TO ADDRESS NEEDS, FILL GAPS, AND PROVIDE FINANCIAL AND IN-KIND SUPPORT. IN THE 2014-2015 ACADEMIC YEAR (SEPTEMBER-JUNE), WE RECRUITED, SCREENED, TRAINED, AND COACHED 40 NEW TUTOR/MENTORS AND PLACED THEM WITH 40 CITY OF ALEXANDRIA PUBLIC SCHOOL STUDENTS IN GRADES 1-5, REFERRED FOR OUR ASSISTANCE BECAUSE THEY WERE READING AT LEAST ONE LEVEL BELOW GRADE LEVEL. WE ALSO SERVED 49 CONTINUING STUDENT/VOLUNTEER PAIRS FROM THE PRIOR YEAR. 80% OF OUR STUDENTS INCREASED A FULL INSTRUCTIONAL READING LEVEL IN 2014- 2015 (A SIGNIFICANT INCREASE OVER 60% IMPROVEMENT RATE FOR THE PRIOR YEAR.) LAST YEAR, 88% OF THE 89 STUDENTS SERVED QUALIFIED FOR FREE/REDUCED PRICE MEALS; 93% WERE STUDENTS OF COLOR (NON-WHITE); 52% RECEIVED ENGLISH LANGUAGE LEARNING SERVICES; AND 23% WERE SPECIAL EDUCATION STUDENTS. BECAUSE STUDENTS ENTERING THE PROGRAM HAVE SIGNIFICANT LITERACY AND OFTEN OTHER CHALLENGES, WE TRAIN TUTOR/MENTORS TO "MEET THE STUDENTS WHERE THEY ARE- AND AIM TO "BRING THEM TO WHERE THEY NEED TO BE". ONCE WE IDENTIFY INTERESTS, STRENGTHS, AND WEAKNESSES, WE DESIGN AND IMPLEMENT A TUTORING PLAN EMPLOYING MULTI-SENSORY AND MORE TRADITIONAL TECHNIQUES WITH SPECIFIC BENCHMARKS CORRESPONDING TO STATE AND SCHOOL STANDARDS. WE HELP TUTOR/MENTORS CHOOSE "JUST RIGHT" BOOKS (ENJOYABLE AND APPROPRIATE IN CONTENT AND READING LEVEL). AFTER A STUDENT AND TUTOR/MENTOR WORK ON A BOOK TOGETHER, THE STUDENT ADDS THE BOOK TO THEIR HOME LIBRARY. ACCESS TO BOOKS IS CRITICAL IN DEVELOPING OF FLUENT READERS, AND HOME LIBRARIES BENEFIT EVERYONE IN THE HOME. IN ADDITION TO OUR WINTER HOLIDAY GATHERING AND END OF SCHOOL YEAR PICNIC WITH FOOD, GAMES, AND PRIZES TO CELEBRATE THE STUDENTS AND VOLUNTEERS ACCOMPLISHMENTS AND FRIENDSHIPS, WE ALSO PROVIDE "READERS TAKE THE STAGE," EVENTS DURING WHICH OUR STUDENTS "TAKE THE STAGE" TO READ ALOUD TO AN AUDIENCE OF TUTOR/MENTORS, OTHER STUDENTS AND FAMILIES. DEPENDING UPON THE CHILD'S INTERESTS AND SKILLS, THE CHILD MIGHT READ FROM A BOOK OR SOMETHING THE CHILD HAS WRITTEN, A STORY OR A POEM. THIS ACTIVITY BUILDS CONFIDENCE AND DEMONSTRATES PROFICIENCY. FIELD TRIPS TO PLACES LIKE HUNTLEY MEADOWS HELP CHILDREN LEARN ABOUT THE NATURAL WORLD, AND OUTINGS TO MUSEUMS PROVIDE EXPOSURE TO THE WASHINGTON METROPOLITAN AREAS RICH CULTURAL AND HISTORICAL RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW. THE FINANCE COMMITTEE THEN PRESENTS THE 990 TO THE BOARD FOR APPROVAL BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD PERFORMS COMPARISONS IN SALARY DURING THE BUDGET PROCESS, AND AN ANNUAL PERFORMANCE REVIEW IS PERFORMED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MARGARET G. MORRISON WAS HIRED IN JUNE 2015 TO SUCCEED LEIGH NIDA AS EXECUTIVE DIRECTOR, AND THEREFORE HAD NO INCOME TO REPORT FOR CALENDAR YEAR 2014.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII
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ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARGARET G MORRISON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07032999855
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WRIGHT TO READ INC
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ReturnHeader/Filer/USAddress/AddressLine1Txt0414 N WASHINGTON ST SUITE 101
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MENDELSON & MENDELSON CPA'S A PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012505 PARK POTOMAC AVE STE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0POTOMAC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0208546805
ReturnHeader/PreparerPersonGrp/PhoneNum03016560001
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRAD L MENDELSON CPA

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