Civic Intelligence

Research Education and Development Foundation

990EZ • Fiscal year 2018 • EIN 45-3776491

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 15, 2019

31 Mamaroneck RoadScarsdale, NY 10583

(914) 428-0960

Siviq Scores

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

Liabilities / Assets

74th percentile

0.00x

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

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

73rd percentile

0.00x

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

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

Net Margin

43rd percentile

1.5%

Higher net margin than 43% of similar nonprofits.

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

Asset Growth

44th percentile

0.4%

Faster asset growth than 44% of similar nonprofits.

2018 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

32nd percentile

-16%

Faster revenue growth than 32% of similar nonprofits.

2018 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$104,473

Up $374 (+0.4%) from 2017

Net Assets

Up

$104,473

Up $374 (+0.4%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$25,389

Down $4,844 (-16%) from 2017

Expenses

Up

$25,000

Up $3,124 (+14%) from 2017

Net Income

Down

$389

Down $7,968 (-95%) from 2017

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

2018

Assets$104,473
Liabilities$0
Net Assets$104,473

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

2018

Revenue$25,389
Expenses$25,000
Net Income$389
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 15, 2019
Return Version
2018v3.0
Gross Receipts
$25,389
Mission and Program Overview

Mission

See Schedule O, Statement 3

Program Services

DescriptionGrantsExpenses
These funds were distributed to REaD Foundation's partner NGOs in India based on REaD's due diligence and inputs received from the donors.These funds were allocated to organizations focused on providing access to education, health care and social Justice to underserved /underprivileged at-risk groups.$20,000$15
Compensation and Service Providers

Employees

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

Filer

Filer Name
Research Education and Development Foundation
EIN
45-3776491
Phone
9144280960
Address
31 Mamaroneck Road, Scarsdale, NY 10583

Signing Officer

Name
Sunder Thakur
Title
Managing Trustee
Phone
9144280960
Signed
2019-04-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Header, Line B

Correcting the accounts, earlier filed with file990.org

Form 990-EZ, Part I, Line 10

Grant Checks to Partner NGOs

Form 990-EZ, Part I, Line 16

IT Expenses for expenses for 3 PMKVY projects conducted by REaD at RK Girls Inter College in partnership with Drishtee Skills Development, New Delhi during 2017. These expenses were to a) cover the salaries of 1 Project Manager, 1 Administrator, 3 trainers for 3-4 months, their travel & hotel expenses, etc for the following training programs and b) Painting, wiring & furnishing of the computer room and c) purchase of laptops & communication equipment.

Form 990-EZ, Part I, Line 20

Wire Transfer Fees

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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum09144280960
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt031 Mamaroneck Road
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0Exec Director Office
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Scarsdale
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director / Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director / Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Managing Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Executive Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt0-15
IRS990EZ/OtherExpensesTotalAmt05000
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0See Schedule O, Statement 3
IRS990EZ/PrintingPublicationsPostageAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt020000
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/WebsiteAddressTxt0www.readfdn.org
IRS990ScheduleA/CommunityTrustInd0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0140235
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Correcting the accounts, earlier filed with file990.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Grant Checks to Partner NGOs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IT Expenses for expenses for 3 PMKVY projects conducted by REaD at RK Girls Inter College in partnership with Drishtee Skills Development, New Delhi during 2017. These expenses were to a) cover the salaries of 1 Project Manager, 1 Administrator, 3 trainers for 3-4 months, their travel & hotel expenses, etc for the following training programs and b) Painting, wiring & furnishing of the computer room and c) purchase of laptops & communication equipment.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Wire Transfer Fees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Header, Line B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 20
ReasonableCauseExplanation/ExplanationTxt0This is extension to correct accounts.
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Sunder Thakur
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Managing Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum09144280960
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RESEARCH EDUCATION AND DEVELOPMENT FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0REaD Fdn
ReturnHeader/Filer/BusinessNameControlTxt0RESE
ReturnHeader/Filer/EIN0453776491
ReturnHeader/Filer/PhoneNum09144280960
ReturnHeader/Filer/USAddress/AddressLine1Txt031 Mamaroneck Road
ReturnHeader/Filer/USAddress/CityNm0Scarsdale
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010583
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0122.167.156.55
ReturnHeader/ReturnTs02020-04-26T15:50:13-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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