Civic Intelligence

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

990 • Fiscal year 2016 • EIN 37-1693086

Sep 01, 2015 to Aug 31, 2016 • Filed on Feb 12, 2017

414 N Washington St Ste 101Alexandria, VA 22314

(703) 299-9855

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

83rd percentile

27%

Higher net margin than 83% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

91st percentile

$45,409

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

98th percentile

465%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

70th percentile

16%

Faster revenue growth than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$89,090

Up $73,321 (+465%) from 2015

Net Assets

Up

$87,184

Up $77,510 (+801%) from 2015

Liabilities

Down

$1,906

Down $4,189 (-69%) from 2015

Revenue

Up

$283,648

Up $39,666 (+16%) from 2015

Expenses

Down

$206,138

Down $35,242 (-15%) from 2015

Net Income

Up

$77,510

Up $74,908 (+2879%) from 2015

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

2016

Assets$89,090
Liabilities$1,906
Net Assets$87,184

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

2016

Revenue$283,648
Expenses$206,138
Net Income$77,510
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Feb 12, 2017
Return Version
2015v3.0
Gross Receipts
$289,069
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
Savings and Temporary Cash Investments-$52,504-
Cash and Non-Interest-Bearing Accounts$15,588$34,286▲ $18,698
Pledges and Grants Receivable-$2,300-
Loans From Officers Directors$1,688--
Land, Buildings, and Equipment, Net$181--
Total Assets$15,769$89,090▲ $73,321
Liabilities
Accounts Payable and Accrued Expenses$4,407$1,906▼ $2,501
Total Liabilities$6,095$1,906▼ $4,189
Net Assets / Fund Balance
Unrestricted Net Assets$8,327$47,632▲ $39,305
Temporarily Rstr Net Assets$1,347$39,552▲ $38,205
Total Net Assets Fund Balance$9,674$87,184▲ $77,510
Total Liabilities and Net Assets / Fund Balance$15,769$89,090▲ $73,321
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leigh NidaEx Director - ResFT$45,409$45,409
Margaret G MorrisonExecutive DiPT$25,720$25,720

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$279,878
Program Service Revenue
$0
Investment Income
$-117
Other Revenue
$3,887
All Other Contributions
$256,370
Change in Net Assets
$77,510
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$133,526
Other Expenses$71,862
Total Fundraising Expense$15,641
Grants and Similar Amounts Paid$750
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$42,677$22,761$5,691$71,129
Other Salaries and Wages$28,264$15,250$3,713$47,227
Occupancy$26,037$2,314$578$28,929
Office Expenses$16,823$4,534$1,432$22,789
Payroll Taxes$5,474$2,976$736$9,186
Other Employee Benefits$3,587$1,922$475$5,984
Fees for Services Accounting$5,148--$5,148
Fees for Services Other$2,220$680$1,940$4,840
Insurance-$4,170-$4,170
Information Technology$2,032$417$936$3,385
Conferences and Meetings$1,156--$1,156
Travel$415$365$10$790
Grants to Domestic Orgs$750--$750
Advertising-$290$130$420
Fees for Services Legal-$175-$175
Depreciation Depletion$30$30-$60
Total Functional Expenses$134,613$55,884$15,641$206,138
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. Therefore, we reported both w-2 income amounts on the 990.

Filing and Contact Details

Filer

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

Signing Officer

Name
Margaret G Morrison
Title
Executive Director
Phone
7032999854
Signed
2017-02-12

Organization Details

Principal Officer
Margaret G Morrison
Formed
2012
Voting Board Members
9
Independent Board Members
9
Employees
4
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 2015-2016 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 2015- 2016 (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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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 2015-2016 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 2015- 2016 (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. THEREFORE, WE REPORTED BOTH W-2 INCOME AMOUNTS ON THE 990.
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/BuildTS02017-02-10 21:41:12Z
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