Civic Intelligence

Catch Up & Read Inc.

990 • Fiscal year 2019 • EIN 45-3533496

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

3001 Knox St No 405Dallas, TX 75205

(214) 697-1193

Siviq Scores

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

Liabilities / Assets

29th percentile

0.01x

Higher debt load relative to assets than 29% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

24th percentile

0.01x

Higher debt load relative to revenue than 24% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

96th percentile

128%

Faster asset growth than 96% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

93rd percentile

90%

Faster revenue growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,182,155

Up $664,355 (+128%) from 2018

Net Assets

Up

$1,167,969

Up $667,772 (+134%) from 2018

Liabilities

Down

$14,186

Down $3,417 (-19%) from 2018

Revenue

Up

$1,375,727

Up $653,043 (+90%) from 2018

Expenses

Up

$709,716

Up $231,961 (+49%) from 2018

Net Income

Up

$666,011

Up $421,082 (+172%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $21,367Liabilities 2012: $565Net Assets 2012: $20,8022012Assets 2013: $4,885Liabilities 2013: $0Net Assets 2013: $4,8852013Assets 2014: $120,262Liabilities 2014: $0Net Assets 2014: $120,2622014Assets 2015: $163,418Liabilities 2015: $0Net Assets 2015: $163,4182015Assets 2016: $112,782Liabilities 2016: $0Net Assets 2016: $112,7822016Assets 2017: $267,163Liabilities 2017: $11,287Net Assets 2017: $255,8762017Assets 2018: $517,800Liabilities 2018: $17,603Net Assets 2018: $500,1972018Assets 2019: $1,182,155Liabilities 2019: $14,186Net Assets 2019: $1,167,9692019Assets 2020: $2,029,448Liabilities 2020: $6,499Net Assets 2020: $2,022,9492020Assets 2021: $1,980,832Liabilities 2021: $92,995Net Assets 2021: $1,887,8372021Assets 2022: $2,133,746Liabilities 2022: $48,595Net Assets 2022: $2,085,1512022Assets 2023: $2,089,878Liabilities 2023: $50,276Net Assets 2023: $2,039,6022023Assets 2024: $3,355,356Liabilities 2024: $448,696Net Assets 2024: $2,906,6602024

Highlighted filing

2019

Assets$1,182,155
Liabilities$14,186
Net Assets$1,167,969

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $43,4272012Revenue 2013: $35,820Expenses 2013: $51,737Net Income 2013: -$15,9172013Revenue 2014: $233,340Expenses 2014: $117,963Net Income 2014: $115,3772014Revenue 2015: $216,347Expenses 2015: $173,191Net Income 2015: $43,1562015Revenue 2016: $170,891Expenses 2016: $221,527Net Income 2016: -$50,6362016Revenue 2017: $457,545Expenses 2017: $315,621Net Income 2017: $141,9242017Revenue 2018: $722,684Expenses 2018: $477,755Net Income 2018: $244,9292018Revenue 2019: $1,375,727Expenses 2019: $709,716Net Income 2019: $666,0112019Revenue 2020: $1,211,848Expenses 2020: $356,490Net Income 2020: $855,3582020Revenue 2021: $917,650Expenses 2021: $1,089,748Net Income 2021: -$172,0982021Revenue 2022: $1,433,460Expenses 2022: $1,227,979Net Income 2022: $205,4812022Revenue 2023: $1,481,863Expenses 2023: $1,517,104Net Income 2023: -$35,2412023Revenue 2024: $3,015,832Expenses 2024: $2,136,860Net Income 2024: $878,9722024

Highlighted filing

2019

Revenue$1,375,727
Expenses$709,716
Net Income$666,011
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$1,375,727
Mission and Program Overview

Mission

To catch students up to reading level before they reach middle school, where incidents of drug abuse and delinquent behaviors have a direct link to drop-out rates and incarceration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$78,750$686,428▲ $607,678
Cash and Non-Interest-Bearing Accounts$436,450$485,057▲ $48,607
Prepaid Expenses and Deferred Charges-$6,710-
Land, Buildings, and Equipment, Net$2,600$3,960▲ $1,360
Total Assets$517,800$1,182,155▲ $664,355
Liabilities
Accounts Payable and Accrued Expenses$17,603$14,186▼ $3,417
Total Liabilities$17,603$14,186▼ $3,417
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$408,352$1,140,900▲ $732,548
Net Assets With Donor Restrictions$91,845$27,069▼ $64,776
Total Net Assets Fund Balance$500,197$1,167,969▲ $667,772
Total Liabilities and Net Assets / Fund Balance$517,800$1,182,155▲ $664,355

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,960$6,715$10,675
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,329,937
Program Service Revenue
$40,625
Investment Income
$5,165
Other Revenue
$0
All Other Contributions
$1,329,937
Change in Net Assets
$666,011

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$38,111Fair Market Value (FMV)
Books and Publications$13,889Fair Market Value (FMV)
Total Noncash Contributions$52,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,375,727
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$16,515
Total Revenue per Audited Statements
$1,392,242
Total Revenue per Form 990
$1,375,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$709,716
Total Fundraising Expense$7,585
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$24,409-$24,409
Fees for Services Accounting-$14,400-$14,400
Office Expenses-$10,977-$10,977
Advertising--$7,585$7,585
Other Expenses$5,858$33,591-$5,858
Depreciation Depletion-$3,196-$3,196
Insurance-$1,698-$1,698
All Other Expenses-$199-$199
Total Functional Expenses$613,661$88,470$7,585$709,716

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$724,470
Total Expenses per Form 990$709,716
Expenses per Audited Statements$707,955
Expenses Not Reported on Form 990$16,515
Expenses Not Reported on Financial Statements$1,761
Other Expense Adjustments$1,761
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 2

Richard leblanc is the spouse of catherine leblanc. Meg sartain is the niece of catherine leblanc.

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

The form 990 is reviewed by person who maintains the books and records of the organization prior to filing and signed by director.

Form 990, Part VI, Section C, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Catch Up & Read Inc
EIN
45-3533496
Phone
2146971193
Address
3001 KNOX ST NO 405, DALLAS, TX 75205

Signing Officer

Name
Richard Leblanc
Title
Vice President
Phone
2146971193
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Leblanc
Formed
2011
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
50

Preparer

Firm
Huselton Morgan & Maultsby Pc
Address
12221 MERIT DRIVE SUITE 1800, DALLAS, TX 75251
Preparer
Steve Allen
Phone
9724041010
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Book/tax diff - depreciation 1,761. Book/tax diff - exp related to services donated -16,515.

Financial Statement Notes

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Depreciation book/tax difference 1,761.

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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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01329937
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0662467
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0419295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0170891
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0216347
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02798937
IRS990ScheduleA/TotalSupportAmt02798937
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/DonatedServicesAndUseFcltsAmt016515
IRS990ScheduleD/DonatedServicesUseFcltsAmt016515
IRS990ScheduleD/ExpensesNotReportedAmt016515
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01761
IRS990ScheduleD/ExpensesSubtotalAmt0707955
IRS990ScheduleD/OtherExpensesNotIncludedAmt01761
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03960
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06715
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010675
IRS990ScheduleD/RevenueNotReportedAmt016515
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01375727
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DEPRECIATION BOOK/TAX DIFFERENCE 1,761.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03960
IRS990ScheduleD/TotalExpensesPerForm990Amt0709716
IRS990ScheduleD/TotalRevenuePerForm990Amt01375727
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01392242
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0724470
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/BooksAndPublicationsGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/BooksAndPublicationsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/BooksAndPublicationsGrp/NoncashContributionsRptF990Amt013889
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0ISTATION SOFTWARE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt038111
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RICHARD LEBLANC IS THE SPOUSE OF CATHERINE LEBLANC. MEG SARTAIN IS THE NIECE OF CATHERINE LEBLANC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY PERSON WHO MAINTAINS THE BOOKS AND RECORDS OF THE ORGANIZATION PRIOR TO FILING AND SIGNED BY DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK/TAX DIFF - DEPRECIATION 1,761. BOOK/TAX DIFF - EXP RELATED TO SERVICES DONATED -16,515.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0517800
IRS990/TotalAssetsEOYAmt01182155
IRS990/TotalAssetsGrp/BOYAmt0517800
IRS990/TotalAssetsGrp/EOYAmt01182155
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01329937
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07585
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt088470
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0613661
IRS990/TotalFunctionalExpensesGrp/TotalAmt0709716
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017603
IRS990/TotalLiabilitiesEOYAmt014186
IRS990/TotalLiabilitiesGrp/BOYAmt017603
IRS990/TotalLiabilitiesGrp/EOYAmt014186
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0500197
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01167969
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt040625
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt040625
IRS990/TotalProgramServiceExpensesAmt0613661
IRS990/TotalProgramServiceRevenueAmt040625
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt05165
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt040625
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01375727
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0517800
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01182155
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03001 KNOX ST STE 405
IRS990/USAddress/CityNm0DALLAS
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075205
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.CATCHUPANDREAD.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD LEBLANC
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02146971193
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CATCH UP & READ INC
ReturnHeader/Filer/BusinessNameControlTxt0CATC
ReturnHeader/Filer/EIN0453533496
ReturnHeader/Filer/PhoneNum02146971193
ReturnHeader/Filer/USAddress/AddressLine1Txt03001 KNOX ST NO 405
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075205
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B436E42CEDC7051047AC67853C05096FA6A5D0B7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0536254818F1C3C1DB15114286AF166AAEE4D765E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02020-11-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:53:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752409112
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HUSELTON MORGAN & MAULTSBY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012221 MERIT DRIVE SUITE 1800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075251
ReturnHeader/PreparerPersonGrp/PhoneNum09724041010
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE ALLEN
ReturnHeader/ReturnTs02020-11-16T17:31:15-06:00
ReturnHeader/ReturnTypeCd0990

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