Civic Intelligence

Research Education and Development Foundation

990EZ • Fiscal year 2017 • EIN 45-3776491

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 14, 2018

30 Lake Street Suite 2BWhite Plains, NY 10603

(914) 428-0960

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • NTEE Q33 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

73rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • NTEE Q33 • <$500k nonprofits • Source year 2017

Net Margin

77th percentile

28%

Higher net margin than 77% of similar nonprofits.

2017 filings • NTEE Q33 • <$500k nonprofits • Source year 2017

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2017 filings • NTEE Q33 • <$500k nonprofits • Source year 2017

Asset Growth

55th percentile

8.7%

Faster asset growth than 55% of similar nonprofits.

2017 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

51st percentile

-0.6%

Faster revenue growth than 51% of similar nonprofits.

2017 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$104,099

Up $8,357 (+8.7%) from 2016

Net Assets

Up

$104,099

Up $8,357 (+8.7%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$30,233

Down $169 (-0.6%) from 2016

Expenses

Up

$21,876

Up $604 (+2.8%) from 2016

Net Income

Down

$8,357

Down $773 (-8.5%) from 2016

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $581Liabilities 2011: $0Net Assets 2011: $5812011Assets 2012: $25,653Liabilities 2012: $0Net Assets 2012: $25,6532012Assets 2013: $42,853Liabilities 2013: $0Net Assets 2013: $42,8532013Assets 2014: $44,203Liabilities 2014: $02014Assets 2016: $95,742Liabilities 2016: $0Net Assets 2016: $95,7422016Assets 2017: $104,099Liabilities 2017: $0Net Assets 2017: $104,0992017Assets 2018: $104,473Liabilities 2018: $0Net Assets 2018: $104,4732018Assets 2019: $119,628Liabilities 2019: $0Net Assets 2019: $119,6282019Assets 2020: $124,783Liabilities 2020: $0Net Assets 2020: $124,7832020Assets 2021: $115,640Liabilities 2021: $0Net Assets 2021: $115,6402021Assets 2022: $127,278Liabilities 2022: $0Net Assets 2022: $127,2782022Assets 2023: $133,408Liabilities 2023: $0Net Assets 2023: $133,4082023Assets 2024: $141,620Liabilities 2024: $0Net Assets 2024: $141,6202024

Highlighted filing

2017

Assets$104,099
Liabilities$0
Net Assets$104,099

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2011: $1,000Expenses 2011: $419Net Income 2011: $5812011Revenue 2012: $25,072Expenses 2012: $0Net Income 2012: $25,0722012Revenue 2013: $37,200Expenses 2013: $20,000Net Income 2013: $17,2002013Revenue 2014: $25,350Expenses 2014: $24,000Net Income 2014: $1,3502014Revenue 2016: $30,402Expenses 2016: $21,272Net Income 2016: $9,1302016Revenue 2017: $30,233Expenses 2017: $21,876Net Income 2017: $8,3572017Revenue 2018: $25,389Expenses 2018: $25,000Net Income 2018: $3892018Revenue 2019: $35,624Expenses 2019: $20,469Net Income 2019: $15,1552019Revenue 2020: $35,614Expenses 2020: $30,459Net Income 2020: $5,1552020Revenue 2021: $36,623Expenses 2021: $45,767Net Income 2021: -$9,1442021Revenue 2022: $35,139Expenses 2022: $23,501Net Income 2022: $11,6382022Revenue 2023: $40,265Expenses 2023: $34,135Net Income 2023: $6,1302023Revenue 2024: $47,242Expenses 2024: $39,030Net Income 2024: $8,2122024

Highlighted filing

2017

Revenue$30,233
Expenses$21,876
Net Income$8,357
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 14, 2018
Return Version
2017v2.0
Gross Receipts
$30,233
Mission and Program Overview

Mission

See Schedule O, Statement 3

The primary objectives, for which REaD is organized are to a) Promote reserach, education & social development in India b) to collaborate with other non-profit organizations with similar objectives for providing wider support, and c) to support charitable projects focusing on literacy, education, rural development, health care, social welfare, empowerment of women, environmental responsibilities etc.

Program Services

DescriptionGrantsExpenses
These funds were distributed to REaD Foundation partner NGO's in India based on the foundation's due diligence and input from donors. These funds were allocated to organizations focused on providing access to health care and education to underserved and underprivileged at risk groups.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Krishna K BessDirector / Trustee-$0--
Mrs Nirupama NigamDirector / Trustee-$0--
Mrs Sanskriti ThakurExecutive Director-$0--
Sunder S ThakurManaging TrusteePT$0--
Adinarayan SankaranTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Research Education and Development Foundation
EIN
45-3776491
Phone
9144280960
Address
30 Lake Street Suite 2B, White Plains, NY 10603

Signing Officer

Name
Adinarayan Sankaran
Title
Treasurer
Phone
9144280960
Signed
2018-09-14
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Grants of $5000 each to 4 non-profit partners in India.

Form 990-EZ, Part I, Line 16

Description;Amount^Website Hosting and Domain Charges;118|Bank Overdraft and Maintenance Fees;120|Other;64^Total;302^

Raw XML Appendix198 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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IRS990EZ/PrintingPublicationsPostageAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grants of $5000 each to 4 non-profit partners in India.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Website Hosting and Domain Charges;118|Bank Overdraft and Maintenance Fees;120|Other;64^Total;302^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0Managing Trustee was visiting India. Request for Extension was filed.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Adinarayan Sankaran
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09144280960
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RESEARCH EDUCATION AND DEVELOPMENT FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0REaD Foundation
ReturnHeader/Filer/BusinessNameControlTxt0RESE
ReturnHeader/Filer/EIN0453776491
ReturnHeader/Filer/PhoneNum09144280960
ReturnHeader/Filer/USAddress/AddressLine1Txt030 Lake Street Suite 2B
ReturnHeader/Filer/USAddress/CityNm0White Plains
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010603
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.96.248.63
ReturnHeader/ReturnTs02018-09-24T22:09:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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.$1.42$0.00$1.42$0.47$0.39$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.40$0.34$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.35$0.24$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.37$0.46$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.36$0.30$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.36$0.20$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.25$0.25$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.30$0.22$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.30$0.21$0.09
2014Summary only. Only limited summary data is available for this year.$0.44$0.00$0.25$0.24$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.37$0.20$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.25$0.00$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.01$0.00$0.01