Civic Intelligence

Reading Recreation Commission

990 • Fiscal year 2014 • EIN 38-3860043

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

320 S 3rd StreetReading, PA 19602

(610) 655-6260

Siviq Scores

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

Liabilities / Assets

61st percentile

0.11x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

54th percentile

0.06x

Higher debt load relative to revenue than 54% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

81st percentile

$76,533

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

85th percentile

33%

Faster asset growth than 85% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

38th percentile

-0.7%

Faster revenue growth than 38% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$483,832

Up $118,995 (+33%) from 2013

Net Assets

Up

$428,988

Up $109,731 (+34%) from 2013

Liabilities

Up

$54,844

Up $9,264 (+20%) from 2013

Revenue

Down

$929,761

Down $6,603 (-0.7%) from 2013

Expenses

Down

$830,030

Down $31,691 (-3.7%) from 2013

Net Income

Up

$99,731

Up $25,088 (+34%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $268,378Liabilities 2012: $23,764Net Assets 2012: $244,6142012Assets 2013: $364,837Liabilities 2013: $45,580Net Assets 2013: $319,2572013Assets 2014: $483,832Liabilities 2014: $54,844Net Assets 2014: $428,9882014Assets 2015: $448,400Liabilities 2015: $59,471Net Assets 2015: $388,9292015Assets 2016: $331,228Liabilities 2016: $64,697Net Assets 2016: $266,5312016Assets 2017: $343,031Liabilities 2017: $62,752Net Assets 2017: $280,2792017Assets 2018: $428,584Liabilities 2018: $121,473Net Assets 2018: $307,1112018Assets 2019: $251,999Liabilities 2019: $108,874Net Assets 2019: $143,1252019Assets 2020: $692,024Liabilities 2020: $101,222Net Assets 2020: $590,8022020Assets 2021: $1,028,310Liabilities 2021: $112,559Net Assets 2021: $915,7512021Assets 2022: $1,355,188Liabilities 2022: $500,999Net Assets 2022: $854,1892022Assets 2023: $1,338,938Liabilities 2023: $367,143Net Assets 2023: $971,7952023Assets 2024: $1,347,437Liabilities 2024: $339,047Net Assets 2024: $1,008,3902024

Highlighted filing

2014

Assets$483,832
Liabilities$54,844
Net Assets$428,988

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $628,4702012Revenue 2013: $936,364Expenses 2013: $861,721Net Income 2013: $74,6432013Revenue 2014: $929,761Expenses 2014: $830,030Net Income 2014: $99,7312014Revenue 2015: $1,149,326Expenses 2015: $1,189,385Net Income 2015: -$40,0592015Revenue 2016: $1,167,186Expenses 2016: $1,289,584Net Income 2016: -$122,3982016Revenue 2017: $1,214,483Expenses 2017: $1,200,735Net Income 2017: $13,7482017Revenue 2018: $1,434,822Expenses 2018: $1,407,990Net Income 2018: $26,8322018Revenue 2019: $1,367,085Expenses 2019: $1,531,071Net Income 2019: -$163,9862019Revenue 2020: $2,090,457Expenses 2020: $1,642,780Net Income 2020: $447,6772020Revenue 2021: $1,418,175Expenses 2021: $1,093,226Net Income 2021: $324,9492021Revenue 2022: $1,215,207Expenses 2022: $1,276,769Net Income 2022: -$61,5622022Revenue 2023: $1,541,631Expenses 2023: $1,424,025Net Income 2023: $117,6062023Revenue 2024: $1,526,070Expenses 2024: $1,489,475Net Income 2024: $36,5952024

Highlighted filing

2014

Revenue$929,761
Expenses$830,030
Net Income$99,731
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$943,553
Mission and Program Overview

Mission

To provide quality recreation programs and facilities to the residents of the city of reading with an emphasis on youth programs.

To provide a mechanism to adequately and efficiently maintain community recreation services and facilities and to organize, manage and supervise recreational and education programs, with an emphasis on programs for youth, within the political boundaries of the city of reading and the reading school district. To provide quality recreation programs and facilities for the residents of reading with a primary focus on youth programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$327,827$347,104▲ $19,277
Land, Buildings, and Equipment, Net$33,227$58,037▲ $24,810
Accounts Receivable-$54,533-
Prepaid Expenses and Deferred Charges$3,783$4,981▲ $1,198
Total Assets$364,837$483,832▲ $118,995
Other Assets Total$0$19,177▲ $19,177
Liabilities
Accounts Payable and Accrued Expenses$45,580$54,844▲ $9,264
Total Liabilities$45,580$54,844▲ $9,264
Net Assets / Fund Balance
Unrestricted Net Assets$319,257$418,988▲ $99,731
Temporarily Rstr Net Assets$0$10,000▲ $10,000
Total Net Assets Fund Balance$319,257$428,988▲ $109,731
Total Liabilities and Net Assets / Fund Balance$364,837$483,832▲ $118,995

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$58,037$13,020$71,057
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daphne KlahrExecutive DirectorFT$70,286$6,247$76,533

Board Members and Trustees

NameTitle
Jim WashingtonBoard President
Carl GeffkenVice-chairman
Chris DaubertDirector
Christopher CelmerDirector
David RuyakDirector
Eddie MoranDirector
John SantoroDirector
Manuel GuzmanDirector
Otis SmithDirector
Donald Taddei JrSecretary
Marcia Goodman-hinnershitzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$739,563
Program Service Revenue
$154,760
Investment Income
$190
Other Revenue
$35,248
All Other Contributions
$123,095
Change in Net Assets
$99,731

Audited Revenue Reconciliation

Revenue per Audited Statements
$943,553
Revenue Not Reported on Financial Statements
$-13,792
Revenue Not Reported on Form 990
$70,469
Other Revenue Adjustments
$-13,792
Total Revenue per Audited Statements
$1,014,022
Total Revenue per Form 990
$929,761
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$641,295
Other Expenses$188,735
Total Fundraising Expense$63
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$367,079$111,476-$478,555
Current Officers, Directors, Trustees, and Key Employees$76,533--$76,533
Payroll Taxes$42,934$11,413-$54,347
Other Employee Benefits$18,141$13,719-$31,860
Fees for Services Accounting$1,748$17,447-$19,195
Fees for Services Legal-$9,946-$9,946
All Other Expenses$5,508$2,470-$7,978
Depreciation Depletion-$7,179-$7,179
Other Expenses$6,702$1,901-$6,702
Fees for Services Other$3,380$2,549-$5,929
Advertising$3,615$915$46$4,576
Travel$4,256--$4,256
Occupancy$3,701--$3,701
Office Expenses$63$490$17$570
Total Functional Expenses$638,653$191,314$63$830,030

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$914,291
Expenses per Audited Statements$843,822
Total Expenses per Form 990$830,030
Expenses Not Reported on Form 990$70,469
Expenses Not Reported on Financial Statements$-13,792
Other Expense Adjustments$-13,792
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$13,792
Fundraising Gross Income$9,656
Professional Fundraising Fees$0
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 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
Yes
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, Part VI, Section A, Line 7A

The board of directors consist of 11 persons whose appointment, class, term & removal are as follows: two class a directors are appointed by the reading school district, two class b directors are appointed by the reading school district upon the recommendation of the superintendent of the reading school district, one class c director is appointed by the superintendent, two class d directors are appointed by the council of the city of reading, two class e directors are appointed by city council upon the recommendation of the mayor of the city of reading, one class f director is appointed by the mayor, one class g director is appointed by the agreement of city council and the mayor.

Form 990, Part VI, Section B, Line 11

Before the form 990 is filed, it is reviewed by the president, vice president for finance, and the treasurer of the board for appropriateness and correctness.

Form 990, Part VI, Section B, Line 12C

Reading recreation commission uses a purchasing policy to ensure fairness in selecting vendors and purchasing.

Form 990, Part VI, Section B, Line 15

Per the bylaws, the board shall determine the compensation of officers, if any.

Form 990, Part VI, Section C, Line 18

The organization's forms 1023 and 990 are available upon request.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Reading Recreation Commission
EIN
38-3860043
Phone
6106556260
Address
320 S 3RD STREET, READING, PA 19602

Signing Officer

Name
Daphne E Klahr
Title
Executive Director
Phone
6106556260
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daphne E Klahr
Formed
2012
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
103
Volunteers
250

Preparer

Firm
Reinsel Kuntz Lesher Llp
Address
1330 BROADCASTING ROAD PO BOX 7008, WYOMISSING, PA 19610-6008
Preparer
Sara E Stewart
Phone
6103761595
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

In 2014 an afterschool food service program was added.

Form 990, Part V, Line 1C

The organization did not have any instances where backup withholding was requried; however, if the situation would arise, the organization is aware of the reporting requirements and would handle that accordingly.

FORM 990, PART XI, LINE 9:

CONTRIBUTIONS 10,000.

Part XII, Line 2C

The board of directors approves the accounting firm to handle the audit upon recommendation of the executive director.

Financial Statement Notes

PART X, LINE 2:

As a not-for-profit organization, the commission is generally exempt from federal and state income taxes. The commission is subject to federal and state income taxes on unrelated business income. The commission recognizes penalties and interest accrued related to income tax liabilities in the provision (benefit) for income taxes in its statement of activities. For the years ended december 31, 2013 and 2012, there were no accruals for the payment of penalties and interest. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying statement of financial position, along with any associated interest and penalties that would be payable to the taxing authorities upon examination. The commission files informational returns (irs form 990) in the u. S. Federal jurisdiction. The organization's returns are not subject to examination through the year ended december 31, 2011.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

SPECIAL EVENTS -13,792.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

SPECIAL EVENTS -13,792.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE A MECHANISM TO ADEQUATELY AND EFFICIENTLY MAINTAIN COMMUNITY RECREATION SERVICES AND FACILITIES AND TO ORGANIZE, MANAGE AND SUPERVISE RECREATIONAL AND EDUCATION PROGRAMS, WITH AN EMPHASIS ON PROGRAMS FOR YOUTH, WITHIN THE POLITICAL BOUNDARIES OF THE CITY AND THE SCHOOL DISTRICT. TO PROVIDE QUALITY RECREATION PROGRAMS AND FACILITIES FOR THE RESIDENTS OF READING WITH A PRIMARY FOCUS ON YOUTH PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0319257
IRS990/NetAssetsOrFundBalancesEOYAmt0428988
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-4136
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-4136
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt039384
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt039384
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt03701
IRS990/OccupancyGrp/TotalAmt03701
IRS990/OfficeExpensesGrp/FundraisingAmt017
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0490
IRS990/OfficeExpensesGrp/ProgramServicesAmt063
IRS990/OfficeExpensesGrp/TotalAmt0570
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt019177
IRS990/OtherChangesInNetAssetsAmt010000
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013719
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018141
IRS990/OtherEmployeeBenefitsGrp/TotalAmt031860
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1PROJECT EXPENSE
IRS990/OtherExpensesGrp/Desc2MAINTENANCE AND REPAIRS
IRS990/OtherExpensesGrp/Desc3PROGRAM EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011809
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11901
IRS990/OtherExpensesGrp/ProgramServicesAmt072544
IRS990/OtherExpensesGrp/ProgramServicesAmt122466
IRS990/OtherExpensesGrp/ProgramServicesAmt29983
IRS990/OtherExpensesGrp/ProgramServicesAmt36702
IRS990/OtherExpensesGrp/TotalAmt084353
IRS990/OtherExpensesGrp/TotalAmt122466
IRS990/OtherExpensesGrp/TotalAmt211884
IRS990/OtherExpensesGrp/TotalAmt36702
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0111476
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0367079
IRS990/OtherSalariesAndWagesGrp/TotalAmt0478555
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011413
IRS990/PayrollTaxesGrp/ProgramServicesAmt042934
IRS990/PayrollTaxesGrp/TotalAmt054347
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03783
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04981
IRS990/PrincipalOfficerNm0DAPHNE E KLAHR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0POOL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1TENNIS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2PLAYGROUND REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3VOLLEYBALL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4AFTER SCHOOL PROGRAM R
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt057704
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt121963
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt210733
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt36399
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt45560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt057704
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt121963
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210733
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36399
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt45560
IRS990/ProgSrvcAccomActy2Grp/Desc0EXPANDED TENNIS PROGRAM INTO MULTIPLE CITY OF READING LOCATIONS AND SCHOOLS; HELD SPECIAL TENNIS EVENTS AND CLINICS.
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt061347
IRS990/ProgSrvcAccomActy3Grp/Desc0EXTENDED THE HOURS OF THE CITY'S PUBLIC POOL, ADDED SPECIAL EVENTS, AND AQUATICS PROGRAMMING.
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt057704
IRS990/ProgSrvcAccomActyOtherGrp/Desc0VOLLEYBALL, BASKETBALL, & OTHER PROGRAMS.
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt058800
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0786954
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0183
IRS990/PYOtherExpensesAmt0226530
IRS990/PYOtherRevenueAmt030810
IRS990/PYProgramServiceRevenueAmt0118417
IRS990/PYRevenuesLessExpensesAmt074643
IRS990/PYSalariesCompEmpBnftPaidAmt0635191
IRS990/PYTotalExpensesAmt0861721
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0936364
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt099731
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0128468
IRS990/RentalIncomeOrLossGrp/RealAmt039384
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt016293
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0327827
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0347104
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0810032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0831954
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0731568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02373554
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt039574
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt036706
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt030052
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0106332
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0404756
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02232683
IRS990ScheduleA/SubstantialContributorsTotAmt0140871
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0810032
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0831954
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0731568
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02373554
IRS990ScheduleA/TotalSupportAmt02479886
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt070469
IRS990ScheduleD/DonatedServicesUseFcltsAmt070469
IRS990ScheduleD/EquipmentGrp/BookValueAmt058037
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013020
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt071057
IRS990ScheduleD/ExpensesNotReportedAmt070469
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-13792
IRS990ScheduleD/ExpensesSubtotalAmt0843822
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-13792
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-13792
IRS990ScheduleD/RevenueNotReportedAmt070469
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-13792
IRS990ScheduleD/RevenueSubtotalAmt0943553
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS A NOT-FOR-PROFIT ORGANIZATION, THE COMMISSION IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE COMMISSION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME. THE COMMISSION RECOGNIZES PENALTIES AND INTEREST ACCRUED RELATED TO INCOME TAX LIABILITIES IN THE PROVISION (BENEFIT) FOR INCOME TAXES IN ITS STATEMENT OF ACTIVITIES. FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012, THERE WERE NO ACCRUALS FOR THE PAYMENT OF PENALTIES AND INTEREST. WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION, ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. THE COMMISSION FILES INFORMATIONAL RETURNS (IRS FORM 990) IN THE U. S. FEDERAL JURISDICTION. THE ORGANIZATION'S RETURNS ARE NOT SUBJECT TO EXAMINATION THROUGH THE YEAR ENDED DECEMBER 31, 2011.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENTS -13,792.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENTS -13,792.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt058037
IRS990ScheduleD/TotalExpensesPerForm990Amt0830030
IRS990ScheduleD/TotalRevenuePerForm990Amt0929761
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01014022
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0914291
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN 2014 AN AFTERSCHOOL FOOD SERVICE PROGRAM WAS ADDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DID NOT HAVE ANY INSTANCES WHERE BACKUP WITHHOLDING WAS REQURIED; HOWEVER, IF THE SITUATION WOULD ARISE, THE ORGANIZATION IS AWARE OF THE REPORTING REQUIREMENTS AND WOULD HANDLE THAT ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS CONSIST OF 11 PERSONS WHOSE APPOINTMENT, CLASS, TERM & REMOVAL ARE AS FOLLOWS: TWO CLASS A DIRECTORS ARE APPOINTED BY THE READING SCHOOL DISTRICT, TWO CLASS B DIRECTORS ARE APPOINTED BY THE READING SCHOOL DISTRICT UPON THE RECOMMENDATION OF THE SUPERINTENDENT OF THE READING SCHOOL DISTRICT, ONE CLASS C DIRECTOR IS APPOINTED BY THE SUPERINTENDENT, TWO CLASS D DIRECTORS ARE APPOINTED BY THE COUNCIL OF THE CITY OF READING, TWO CLASS E DIRECTORS ARE APPOINTED BY CITY COUNCIL UPON THE RECOMMENDATION OF THE MAYOR OF THE CITY OF READING, ONE CLASS F DIRECTOR IS APPOINTED BY THE MAYOR, ONE CLASS G DIRECTOR IS APPOINTED BY THE AGREEMENT OF CITY COUNCIL AND THE MAYOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BEFORE THE FORM 990 IS FILED, IT IS REVIEWED BY THE PRESIDENT, VICE PRESIDENT FOR FINANCE, AND THE TREASURER OF THE BOARD FOR APPROPRIATENESS AND CORRECTNESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4READING RECREATION COMMISSION USES A PURCHASING POLICY TO ENSURE FAIRNESS IN SELECTING VENDORS AND PURCHASING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PER THE BYLAWS, THE BOARD SHALL DETERMINE THE COMPENSATION OF OFFICERS, IF ANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S FORMS 1023 AND 990 ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CONTRIBUTIONS 10,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE BOARD OF DIRECTORS APPROVES THE ACCOUNTING FIRM TO HANDLE THE AUDIT UPON RECOMMENDATION OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART V, LINE 1C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.34$1.01$1.53$1.49$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.37$0.97$1.54$1.42$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.50$0.85$1.22$1.28$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.11$0.92$1.42$1.09$0.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.10$0.59$2.09$1.64$0.45
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.11$0.14$1.37$1.53$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.12$0.31$1.43$1.41$0.03
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.34$0.06$0.28$1.21$1.20$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.06$0.27$1.17$1.29$0.12
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.45$0.06$0.39$1.15$1.19$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.05$0.43$0.93$0.83$0.10
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.36$0.05$0.32$0.94$0.86$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.02$0.24$0.63