Civic Intelligence

Reading Recreation Commission

990 • Fiscal year 2023 • EIN 38-3860043

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 04, 2024

320 S 3rd StreetReading, PA 19602

(610) 655-6201

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.27x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.24x

Higher debt load relative to revenue than 68% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

57th percentile

7.6%

Higher net margin than 57% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

69th percentile

$104,037

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

32nd percentile

-1.2%

Faster asset growth than 32% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

73rd percentile

27%

Faster revenue growth than 73% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,338,938

Down $16,250 (-1.2%) from 2022

Net Assets

Up

$971,795

Up $117,606 (+14%) from 2022

Liabilities

Down

$367,143

Down $133,856 (-27%) from 2022

Revenue

Up

$1,541,631

Up $326,424 (+27%) from 2022

Expenses

Up

$1,424,025

Up $147,256 (+12%) from 2022

Net Income

Up

$117,606

Up $179,168 (+291%) from 2022

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

2023

Assets$1,338,938
Liabilities$367,143
Net Assets$971,795

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

2023

Revenue$1,541,631
Expenses$1,424,025
Net Income$117,606
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 4, 2024
Return Version
2023v5.1
Gross Receipts
$1,547,855
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,266,607$1,182,171▼ $84,436
Land, Buildings, and Equipment, Net$72,973$123,773▲ $50,800
Accounts Receivable$11,360$27,644▲ $16,284
Prepaid Expenses and Deferred Charges$4,248$5,350▲ $1,102
Total Assets$1,355,188$1,338,938▼ $16,250
Liabilities
Deferred Revenue$362,200$231,764▼ $130,436
Accounts Payable and Accrued Expenses$138,799$135,379▼ $3,420
Total Liabilities$500,999$367,143▼ $133,856
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$834,794$948,913▲ $114,119
Net Assets With Donor Restrictions$19,395$22,882▲ $3,487
Total Net Assets Fund Balance$854,189$971,795▲ $117,606
Total Liabilities and Net Assets / Fund Balance$1,355,188$1,338,938▼ $16,250

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$123,773$170,958$294,731
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daphne KlahrExecutive DirectorFT$97,919$6,118$104,037

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,027,163
Program Service Revenue
$441,323
Investment Income
$5,034
Other Revenue
$68,111
All Other Contributions
$111,727
Change in Net Assets
$117,606

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,541,631
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$6,224
Total Revenue per Audited Statements
$1,547,855
Total Revenue per Form 990
$1,541,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$990,096
Other Expenses$433,929
Total Fundraising Expense$41,134
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$642,209$86,062$34,425$762,696
Current Officers, Directors, Trustees, and Key Employees$106,974--$106,974
Payroll Taxes$60,990$7,092$2,837$70,919
Other Employee Benefits$24,491$10,347$2,156$36,994
Fees for Services Other$4,113$17,145-$21,258
Fees for Services Accounting-$15,320-$15,320
Depreciation Depletion$11,576$1,579-$13,155
Pension Plan Contributions$8,033$3,708$772$12,513
Advertising$12,368--$12,368
Other Expenses$3,478$1,403$729$5,610
All Other Expenses$1,486$1,076-$2,562
Fees for Services Legal-$810-$810
Office Expenses$139$139-$278
Total Functional Expenses$1,223,411$159,480$41,134$1,424,025

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,430,249
Expenses per Audited Statements$1,424,025
Total Expenses per Form 990$1,424,025
Expenses Not Reported on Form 990$6,224
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$6,224
Fundraising Gross Income$5,500
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 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
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. As of the end of the current year, there was one vacancy on the board.

Form 990, Part VI, Section B, Line 11B

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
6106556201
Address
320 S 3RD STREET, READING, PA 19602

Signing Officer

Name
Daphne E Klahr
Title
Ed.d., Cpre Executive Director
Phone
6106556201
Signed
2024-11-04
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
105
Volunteers
0

Preparer

Firm
Rkl Llp
Address
1330 BROADCASTING ROAD, WYOMISSING, PA 19610-6008
Preparer
Ruthann J Woll CPA
Phone
6103761595
Supplemental Narrative

Additional Explanations

FORM 990, 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:

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, 2020.

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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0834794
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0948913
IRS990/NoncashContributionsAmt04104
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0139
IRS990/OfficeExpensesGrp/ProgramServicesAmt0139
IRS990/OfficeExpensesGrp/TotalAmt0278
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02156
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010347
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt024491
IRS990/OtherEmployeeBenefitsGrp/TotalAmt036994
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND PROGRAM EX
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2TELEPHONE & COMMUNICATI
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt1215
IRS990/OtherExpensesGrp/FundraisingAmt2729
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02932
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110790
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21077
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31403
IRS990/OtherExpensesGrp/ProgramServicesAmt0288982
IRS990/OtherExpensesGrp/ProgramServicesAmt152681
IRS990/OtherExpensesGrp/ProgramServicesAmt25891
IRS990/OtherExpensesGrp/ProgramServicesAmt33478
IRS990/OtherExpensesGrp/TotalAmt0291914
IRS990/OtherExpensesGrp/TotalAmt163471
IRS990/OtherExpensesGrp/TotalAmt27183
IRS990/OtherExpensesGrp/TotalAmt35610
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt034425
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt086062
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0642209
IRS990/OtherSalariesAndWagesGrp/TotalAmt0762696
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02837
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07092
IRS990/PayrollTaxesGrp/ProgramServicesAmt060990
IRS990/PayrollTaxesGrp/TotalAmt070919
IRS990/PensionPlanContributionsGrp/FundraisingAmt0772
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03708
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08033
IRS990/PensionPlanContributionsGrp/TotalAmt012513
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04248
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05350
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/Desc1FOOD SERVICE PROGRAM R
IRS990/ProgramServiceRevenueGrp/Desc2TENNIS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4SPORTS PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0187470
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1116639
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt250889
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt327661
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt426139
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0187470
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1116639
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt250889
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt327661
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt426139
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED TENNIS PROGRAM INTO MULTIPLE CITY LOCATIONS AND SCHOOLS; HELD SPECIAL TENNIS EVENTS AND CLINICS. ALSO PROVIDED VOLLEYBALL, BASKETBALL, & OTHER PROGRAMS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0260887
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0108789
IRS990/ProgSrvcAccomActy3Grp/Desc0OPERATED MULTIPLE PLAYGROUND AND AFTERSCHOOL SITES ALONG WITH SPECIAL EVENTS LIKE WACKY WATER WEDNESDAY AND MOVIE NIGHTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0347878
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0145064
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDED PAVILION, BUILDING AND EQUIPMENT RENTALS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0165074
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt068835
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0760238
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt061
IRS990/PYOtherExpensesAmt0366092
IRS990/PYOtherRevenueAmt064131
IRS990/PYProgramServiceRevenueAmt0390777
IRS990/PYRevenuesLessExpensesAmt0-61562
IRS990/PYSalariesCompEmpBnftPaidAmt0910677
IRS990/PYTotalExpensesAmt01276769
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01215207
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0117606
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0785000
IRS990/RentalIncomeOrLossGrp/RealAmt068835
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0187470
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01266607
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01182171
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01027163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0760238
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0833587
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01145922
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0986287
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04753197
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt073869
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt064192
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt053617
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023478
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt073184
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0288340
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02485890
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94280
IRS990ScheduleA/PublicSupportPY170Pct00.94350
IRS990ScheduleA/PublicSupportTotal170Amt04753197
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01027163
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0760238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0833587
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01145922
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0986287
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04753197
IRS990ScheduleA/TotalSupportAmt05041537
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/EquipmentGrp/BookValueAmt0123773
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0170958
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0294731
IRS990ScheduleD/ExpensesNotReportedAmt06224
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01424025
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt06224
IRS990ScheduleD/OtherRevenueAmt06224
IRS990ScheduleD/RevenueNotReportedAmt06224
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01541631
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0WHEN 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, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0123773
IRS990ScheduleD/TotalExpensesPerForm990Amt01424025
IRS990ScheduleD/TotalRevenuePerForm990Amt01541631
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01547855
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01430249
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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. AS OF THE END OF THE CURRENT YEAR, THERE WAS ONE VACANCY ON THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BEFORE 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/ExplanationTxt2READING RECREATION COMMISSION USES A PURCHASING POLICY TO ENSURE FAIRNESS IN SELECTING VENDORS AND PURCHASING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PER THE BYLAWS, THE BOARD SHALL DETERMINE THE COMPENSATION OF OFFICERS, IF ANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S FORMS 1023 AND 990 ARE AVAILABLE UPON REQUEST.

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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
2023Detailed filing. Detailed filing data is available for this year.$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
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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