Civic Intelligence

Reading Works Inc

EIN 41-2235848 • 501(c)3 • Albuquerque, NM

Profile

Our mission is to provide free literacy instruction to adults who want to secure a better future for themselves, their children and their community by learning to read, write and speak english. Cause statement: being able to read, write, speak and understand english is the bedrock of individual achievement, economic security, strong families and a more equitable community.

Refreshing map…

400 Gold Ave SW Suite 210Albuquerque, NM 87102-3257

www.ethosliteracy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.04x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

70th percentile

0.01x

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

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

31st percentile

-10%

Higher net margin than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

99th percentile

$62,000

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 26.5% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

36th percentile

-13%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Revenue Growth

42nd percentile

-8.3%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Assets

Down

$64,996

Down $20,239 (-24%) from 2023

Liabilities

Up

$2,855

Up $386 (+16%) from 2023

Net Assets

Down

$62,141

Down $20,625 (-25%) from 2023

Revenue

Down

$197,086

Down $37,163 (-16%) from 2023

Expenses

Down

$216,914

Down $16,889 (-7.2%) from 2023

Net Income

Down

-$19,828

Down $20,274 (-4546%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2012: $9,678Liabilities 2012: $0Net Assets 2012: $9,6782012Assets 2013: $23,204Liabilities 2013: $504Net Assets 2013: $22,7002013Assets 2014: $26,559Liabilities 2014: $11,1612014Assets 2015: $35,625Liabilities 2015: $2,3362015Assets 2016: $77,738Liabilities 2016: $4,370Net Assets 2016: $73,3682016Assets 2017: $54,221Liabilities 2017: $6062017Assets 2018: $50,037Liabilities 2018: $6992018Assets 2019: $59,559Liabilities 2019: $2,709Net Assets 2019: $56,8502019Assets 2020: $57,235Liabilities 2020: $23,364Net Assets 2020: $33,8712020Assets 2021: $98,919Liabilities 2021: $3,001Net Assets 2021: $95,9182021Assets 2022: $85,043Liabilities 2022: $2,723Net Assets 2022: $82,3202022Assets 2023: $85,235Liabilities 2023: $2,469Net Assets 2023: $82,7662023Assets 2025: $64,996Liabilities 2025: $2,855Net Assets 2025: $62,1412025

Highlighted filing

2025

Assets$64,996
Liabilities$2,855
Net Assets$62,141

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2012: $41,504Expenses 2012: $41,140Net Income 2012: $3642012Revenue 2013: $58,061Expenses 2013: $45,814Net Income 2013: $12,2472013Revenue 2014: $84,053Expenses 2014: $91,355Net Income 2014: -$7,3022014Revenue 2015: $123,373Expenses 2015: $105,482Net Income 2015: $17,8912015Revenue 2016: $162,330Expenses 2016: $122,251Net Income 2016: $40,0792016Revenue 2017: $97,137Expenses 2017: $116,168Net Income 2017: -$19,0312017Revenue 2018: $114,623Expenses 2018: $118,438Net Income 2018: -$3,8152018Revenue 2019: $125,951Expenses 2019: $117,721Net Income 2019: $8,2302019Revenue 2020: $149,107Expenses 2020: $172,086Net Income 2020: -$22,9792020Revenue 2021: $305,969Expenses 2021: $243,908Net Income 2021: $62,0612021Revenue 2022: $246,146Expenses 2022: $259,744Net Income 2022: -$13,5982022Revenue 2023: $234,249Expenses 2023: $233,803Net Income 2023: $4462023Revenue 2025: $197,086Expenses 2025: $216,914Net Income 2025: -$19,8282025

Highlighted filing

2025

Revenue$197,086
Expenses$216,914
Net Income-$19,828

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.03$0.62$1.97$2.17$0.20
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.02$0.83$2.34$2.34$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.03$0.82$2.46$2.60$0.14
2021Summary only. Only limited summary data is available for this year.$0.99$0.03$0.96$3.06$2.44$0.62
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.23$0.34$1.49$1.72$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.03$0.57$1.26$1.18$0.08
2018Summary only. Only limited summary data is available for this year.$0.50$0.01$1.15$1.18$0.04
2017Summary only. Only limited summary data is available for this year.$0.54$0.01$0.97$1.16$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.04$0.73$1.62$1.22$0.40
2015Summary only. Only limited summary data is available for this year.$0.36$0.02$1.23$1.05$0.18
2014Summary only. Only limited summary data is available for this year.$0.27$0.11$0.84$0.91$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.01$0.23$0.58$0.46$0.12
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.10$0.42$0.41$0.00
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 31, 2023
Return Version
2022v5.0
Gross Receipts
$235,629
Mission and Program Overview

Mission

Adult education - tutoring programs in reading and writing, esl, math, ged prep, computer skills, us citizenship test prep

Our mission is to provide free literacy instruction to adults who want to secure a better future for themselves, their children and their community by learning to read, write and speak english.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$84,143$84,335▲ $192
Total Assets$85,043$85,235▲ $192
Other Assets Total$900$900→ $0
Liabilities
Other Liabilities$2,723$2,469▼ $254
Total Liabilities$2,723$2,469▼ $254
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$82,320$82,766▲ $446
Total Net Assets Fund Balance$82,320$82,766▲ $446
Total Liabilities and Net Assets / Fund Balance$85,043$85,235▲ $192
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Esodie GeigerExecutive DiFT$62,000$62,000

Board Members and Trustees

NameTitle
Vicki WheatleyPresident
Lidia OrozcoDirector
Reema NandyDirector
Rosa EstradaDirector
Stephanie SantillanesDirector
Uriah CachoraDirector
Margaret BarkerTrustee/dire
Chris JacobsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$227,832
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$6,417
All Other Contributions
$38,289
Change in Net Assets
$446
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$165,184
Other Expenses$48,619
Grants and Similar Amounts Paid$20,000
Total Fundraising Expense$4,274
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$91,315$41,500$3,100$135,915
Grants to Domestic Orgs$20,000--$20,000
Other Employee Benefits$15,831$1,863$931$18,625
Fees for Services Other$260$14,991-$15,251
Occupancy$11,509$1,279-$12,788
Payroll Taxes$7,146$3,255$243$10,644
Fees for Services Accounting-$4,302-$4,302
Insurance-$2,898-$2,898
Office Expenses$1,930$914-$2,844
Travel$1,295--$1,295
Information Technology$686$242-$928
Conferences and Meetings$850--$850
Other Expenses$519$286-$286
Total Functional Expenses$157,999$71,530$4,274$233,803
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Artesia Literacy CouncilArtesia, NM-Adult Literacy$10,000
Read Write Adult Literacy ProgramMoriarty, NM-Adult Literacy$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,797
Fundraising Direct Expenses$1,380
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$2,469
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
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

Prior to filing, the 990 form is distributed to officers and directors for review and comment.

Form 990, Page 6, Part VI, Line 12C

Annual written conflict disclosure forms

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

The board reviewed compensation data from similarly qualified, functionally comparable and similiar situated nonprofits to determine reasonable compensation for the executive director.

Form 990, Page 6, Part VI, Line 19

All documents are available upon request

Form 990, Part VIII

Volunteers provide tutoring services. Because ethos does not have tutor payroll expense, our program expense ratio is lower than a nonprofit that pays staff to provide services. Last year tutors devoted 3,022 hours. The current value of volunteer time in new mexico is 26.95 per hour (2023 independent sector value of volunteer time report, www.independentsector.org). Including the value of volunteer tutor time as if we were paying staff (wages and payroll taxes), ethos allocation of expenses would be 76% program; 22% management; 1% fundraising.

Filing and Contact Details

Filer

Filer Name
Ethos Literacy
EIN
41-2235848
Phone
5053219620
Address
400 GOLD AVE SW SUITE 210, ALBUQUERQUE, NM 87102-3257

Signing Officer

Name
Vicki Wheatley
Title
President
Phone
5053219620
Signed
2023-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vicki Wheatley
Formed
2007
Legal Domicile
Nm
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
54

Preparer

Firm
Reynolds Hix & Co Pa
Address
6729 ACADEMY RD NE STE D, ALBUQUERQUE, NM 87109
Preparer
Jason C Hix
Phone
5058282900
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our mission is to provide free literacy instruction to adults who want to secure a better future for themselves, their children and their community by learning to read, write and speak english. Cause statement: being able to read, write, speak and understand english is the bedrock of individual achievement, economic security, strong families and a more equitable community.

Raw XML AppendixShowing 400 of 408 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.

Path#Value
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IRS990/AllOtherContributionsAmt038289
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/PersonNm1REEMA NANDY
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IRS990/ProgSrvcAccomActy2Grp/Desc0NEW WORDS - LITERARY ARTS PROJECT. PUBLICATION OF NEWSPAPER OF STUDENTS WRITING (PHYSICAL AND DIGITAL). PUBLIC READING OF STUDENT WRITINGS. PROJECT GOALS ARE (1) TO TEACH ENGLISH WRITING SKILLS; (2) TO GIVE LOW LITERATE ADULTS AND IMMIGRANTS NEW WAYS TO EXPRESS THEMSELVES; (3) TO SHOWCASE WRITING BY AN OVERLOOKED POPULATION; (4) TO MAKE OUR COMMUNITY MORE INCLUSIVE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0SUPPORTING ADULT LITERACY PROGRAMS. IN PARTNERSHIP WITH NEW MEXICO'S DEPARTMENT OF HIGHER EDUCATION, ETHOS LITERACY PROVIDED GRANTS TO TWO COMMUNITY-BASED LITERACY PROGRAMS: READ WRITE ADULT LITERACY IN MORIARTY, NM, AND ARTESIA LITERACY COUNCIL IN ARTESIA, NM.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ADULT LITERACY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1ADULT LITERACY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0READ WRITE ADULT LITERACY PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ARTESIA LITERACY COUNCIL
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11507 W HERMOSA DR
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR MONITORS GRANTS AWARDED. INDEPENDENT BOOKKEEPER MANAGES PAYMENT OF GRANT AWARDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION IS TO PROVIDE FREE LITERACY INSTRUCTION TO ADULTS WHO WANT TO SECURE A BETTER FUTURE FOR THEMSELVES, THEIR CHILDREN AND THEIR COMMUNITY BY LEARNING TO READ, WRITE AND SPEAK ENGLISH. CAUSE STATEMENT: BEING ABLE TO READ, WRITE, SPEAK AND UNDERSTAND ENGLISH IS THE BEDROCK OF INDIVIDUAL ACHIEVEMENT, ECONOMIC SECURITY, STRONG FAMILIES AND A MORE EQUITABLE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO FILING, THE 990 FORM IS DISTRIBUTED TO OFFICERS AND DIRECTORS FOR REVIEW AND COMMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL WRITTEN CONFLICT DISCLOSURE FORMS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWED COMPENSATION DATA FROM SIMILARLY QUALIFIED, FUNCTIONALLY COMPARABLE AND SIMILIAR SITUATED NONPROFITS TO DETERMINE REASONABLE COMPENSATION FOR THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5VOLUNTEERS PROVIDE TUTORING SERVICES. BECAUSE ETHOS DOES NOT HAVE TUTOR PAYROLL EXPENSE, OUR PROGRAM EXPENSE RATIO IS LOWER THAN A NONPROFIT THAT PAYS STAFF TO PROVIDE SERVICES. LAST YEAR TUTORS DEVOTED 3,022 HOURS. THE CURRENT VALUE OF VOLUNTEER TIME IN NEW MEXICO IS 26.95 PER HOUR (2023 INDEPENDENT SECTOR VALUE OF VOLUNTEER TIME REPORT, WWW.INDEPENDENTSECTOR.ORG). INCLUDING THE VALUE OF VOLUNTEER TUTOR TIME AS IF WE WERE PAYING STAFF (WAGES AND PAYROLL TAXES), ETHOS ALLOCATION OF EXPENSES WOULD BE 76% PROGRAM; 22% MANAGEMENT; 1% FUNDRAISING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
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 VIII
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VICKI WHEATLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05053219620
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ETHOS LITERACY
ReturnHeader/Filer/BusinessNameControlTxt0ETHO
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REYNOLDS HIX & CO PA
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ReturnHeader/PreparerPersonGrp/PhoneNum05058282900
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-10

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