Civic Intelligence

Reading Connections Inc.

990EZ • Fiscal year 2024 • EIN 39-1912666

Jan 01, 2024 to Dec 31, 2024 • Filed on May 14, 2025

1260 Centennial Centre Blvd 200Hobart, WI 54155

(920) 494-1736

Siviq Scores

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

Liabilities / Assets

85th percentile

0.26x

Higher debt load relative to assets than 85% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.02x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

38th percentile

-1.4%

Higher net margin than 38% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

88th percentile

$31,500

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 39.5% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

34th percentile

-8.6%

Faster asset growth than 34% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

-7.3%

Faster revenue growth than 37% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,159

Down $483 (-8.6%) from 2023

Net Assets

Down

$3,798

Down $1,136 (-23%) from 2023

Liabilities

Up

$1,361

Up $653 (+92%) from 2023

Revenue

Down

$79,751

Down $6,259 (-7.3%) from 2023

Expenses

Down

$80,887

Down $9,473 (-10%) from 2023

Net Income

Up

-$1,136

Up $3,214 (+74%) from 2023

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20KAssets 2010: $5,333Liabilities 2010: $262Net Assets 2010: $5,0712010Assets 2011: $3,909Liabilities 2011: $1,981Net Assets 2011: $1,9282011Assets 2012: $5,209Liabilities 2012: $58Net Assets 2012: $5,1512012Assets 2013: $9,983Liabilities 2013: $777Net Assets 2013: $9,2062013Assets 2014: $5,220Liabilities 2014: $716Net Assets 2014: $4,5042014Assets 2015: $20,409Liabilities 2015: $1,924Net Assets 2015: $18,4852015Assets 2018: $2,581Liabilities 2018: $3,491Net Assets 2018: -$9102018Assets 2019: $302Liabilities 2019: $2,181Net Assets 2019: -$1,8792019Assets 2020: $36,426Liabilities 2020: $1,940Net Assets 2020: $34,4862020Assets 2021: $48,975Liabilities 2021: $2,226Net Assets 2021: $46,7492021Assets 2022: $10,721Liabilities 2022: $1,440Net Assets 2022: $9,2812022Assets 2023: $5,642Liabilities 2023: $708Net Assets 2023: $4,9342023Assets 2024: $5,159Liabilities 2024: $1,361Net Assets 2024: $3,7982024

Highlighted filing

2024

Assets$5,159
Liabilities$1,361
Net Assets$3,798

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $76,116Expenses 2010: $74,781Net Income 2010: $1,3352010Revenue 2011: $60,051Expenses 2011: $63,194Net Income 2011: -$3,1432011Revenue 2012: $42,619Expenses 2012: $39,396Net Income 2012: $3,2232012Revenue 2013: $52,751Expenses 2013: $48,696Net Income 2013: $4,0552013Revenue 2014: $53,252Expenses 2014: $57,954Net Income 2014: -$4,7022014Revenue 2015: $88,679Expenses 2015: $74,698Net Income 2015: $13,9812015Revenue 2018: $63,790Expenses 2018: $71,271Net Income 2018: -$7,4812018Revenue 2019: $86,705Expenses 2019: $87,672Net Income 2019: -$9672019Revenue 2020: $68,848Expenses 2020: $86,322Net Income 2020: -$17,4742020Revenue 2021: $123,486Expenses 2021: $111,223Net Income 2021: $12,2632021Revenue 2022: $99,427Expenses 2022: $136,895Net Income 2022: -$37,4682022Revenue 2023: $86,010Expenses 2023: $90,360Net Income 2023: -$4,3502023Revenue 2024: $79,751Expenses 2024: $80,887Net Income 2024: -$1,1362024

Highlighted filing

2024

Revenue$79,751
Expenses$80,887
Net Income-$1,136
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$79,751
Mission and Program Overview

Mission

READING INSTRUCTION

Program Services

DescriptionGrantsExpenses
READING CONNECTIONS HAS DEVELOPED A PROVEN SYSTEM OF READING INSTRUCTION FOR STUDENTS WHO HAVE DIFFICULTY READING. THIS SYSTEM IS NOW BEING INTRODUCED IN SEVERAL SCHOOL DISTRICTS.-$46,046
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary R BowersPresidentFT$31,500-$31,500
Bruce BowersBoard MemberPT$0--
William BohmBoard Member-$0--
MARY A BOWERSBoard MemberPT$0--
Richard C Bowers JrSecretaryPT$0--
Aaron BowersBoard MemberPT$0--
Tammy Mott HoffmanBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Reading Connections Inc
EIN
39-1912666
Phone
9204941736
Address
1260 Centennial Centre Blvd 200, Hobart, WI 54155

Signing Officer

Name
Richard C Bowers Jr
Title
Director
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Brunette Tax & Accounting LLC
Address
808 Bayland Ct, GREEN BAY, WI 54304
Preparer
Keith Brunette
Phone
9205920400
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $69

Other Expenses.1002

Office Expenses $1330

Other Expenses.1012

Insurance $480

Other Expenses.1

Telephone $2184

Other Expenses.2

Equipment Lease $703

Other Expenses.3

Credit Card Fees $615

Other Expenses.4

Bank Charges $244

Other Expenses.5

Maintenance $134

Other Expenses.6

Dues & Subscriptions $125

Other Assets.1005

Accounts Receivable - Beginning $4305 Accounts Receivable - Ending $4305

Other Assets.1

Payroll Receivable - Beginning $762 Payroll Receivable - Ending $0

Total Liabilities.1

FICA Payable - Beginning $663 FICA Payable - Ending $268

Total Liabilities.2

State Withholding - Beginning $45 State Withholding - Ending $187

Total Liabilities.3

Wages Payable - Beginning $0 Wages Payable - Ending $906

Raw XML Appendix205 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $69
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1330
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $480
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Telephone $2184
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Equipment Lease $703
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Credit Card Fees $615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank Charges $244
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Maintenance $134
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Dues & Subscriptions $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Receivable - Beginning $4305 Accounts Receivable - Ending $4305
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Payroll Receivable - Beginning $762 Payroll Receivable - Ending $0
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Wages Payable - Beginning $0 Wages Payable - Ending $906
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard C Bowers Jr
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Reading Connections Inc
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0391912666
ReturnHeader/Filer/PhoneNum09204941736
ReturnHeader/Filer/USAddress/AddressLine1Txt01260 Centennial Centre Blvd 200
ReturnHeader/Filer/USAddress/CityNm0Hobart
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054155
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208208277
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRUNETTE TAX & ACCOUNTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0808 Bayland Ct
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREEN BAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd054304
ReturnHeader/PreparerPersonGrp/PhoneNum09205920400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Keith Brunette
ReturnHeader/ReturnTs02025-05-14T09:24:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.04$0.80$0.81$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.06$0.01$0.05$0.86$0.90$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.09$0.99$1.37$0.37
2021Detailed filing. Detailed filing data is available for this year.$0.49$0.02$0.47$1.23$1.11$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.36$0.02$0.34$0.69$0.86$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.02$0.02$0.87$0.88$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.01$0.64$0.71$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.02$0.18$0.89$0.75$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.05$0.53$0.58$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.10$0.01$0.09$0.53$0.49$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.43$0.39$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.02$0.02$0.60$0.63$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.76$0.75$0.01