Research Education and Development Foundation

990EZ • Fiscal year 2019 • EIN 45-3776491

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 26, 2020

Organization Profile www.readfdn.org

31 Mamaroneck RoadScarsdale, NY 10583

(914) 428-0960

Siviq Scores

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

0.00x

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

2019 filings • NTEE Q33 • <$500k nonprofits • Source year 2019

0.00x

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

2019 filings • NTEE Q33 • <$500k nonprofits • Source year 2019

43%

Higher net margin than 86% of similar nonprofits.

2019 filings • NTEE Q33 • <$500k nonprofits • Source year 2019

Higher top officer pay than 87% of similar nonprofits.

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

2019 filings • NTEE Q33 • <$500k nonprofits • Source year 2019

15%

Faster asset growth than 57% of similar nonprofits.

2019 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2018 to 2019

40%

Faster revenue growth than 78% of similar nonprofits.

2019 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet

Liabilities / Assets72nd percentile

Assets

$119,628

Up $15,155 (+15%) from 2018

Net Assets

$119,628

Up $15,155 (+15%) from 2018

Liabilities

Flat

Flat from 2018

Revenue And Expenses

Liabilities / Revenue71st percentile Net Margin86th percentile

Revenue

$35,624

Up $10,235 (+40%) from 2018

Expenses

Down

$20,469

Down $4,531 (-18%) from 2018

Net Income

$15,155

Up $14,766 (+3796%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

Highlighted filing

2019

Assets$119,628

Liabilities$0

Net Assets$119,628

Open 2019 Filing

Operations Trend

Revenue Growth78th percentile

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

Highlighted filing

2019

Revenue$35,624

Expenses$20,469

Net Income$15,155

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2019 to Dec 31, 2019
Signed: Apr 26, 2020
Return Version: 2019v5.0
Gross Receipts: $35,624

Mission and Program Overview

Mission

See Schedule O, Statement 3

Program Services

Description	Grants	Expenses
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.	$20,032	$15

Compensation and Service Providers

Top Officer Pay87th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Krishna K Bess	Director / Trustee	-	$0	-	-
Mrs Nirupama Nigam	Director / Trustee	-	$0	-	-
Dr Sunder S Thakur	Managing Trustee	-	$0	-	-
Vimal Patel	Treasurer	-	$0	-	-
Mrs Sanskriti Thakur	Executive 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: Vimal Patel
Title: Treasurer
Phone: 4259858677
Signed: 2020-04-26

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“Grant to Partner NGOs”

Form 990-EZ, Part I, Line 16

“Phone and internet expenses”

Raw XML Appendix191 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/InvestmentIncomeAmt	0	0
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	0.25
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	Krishna K Bess
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	Mrs Nirupama Nigam
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	Dr Sunder S Thakur
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	Vimal Patel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	Mrs Sanskriti Thakur
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	Director / Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Director / Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Managing Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	Executive Director
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	422
IRS990EZ/OtherRevenueTotalAmt	0	0
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	See Schedule O, Statement 3
IRS990EZ/PrintingPublicationsPostageAmt	0	0
IRS990EZ/ProgramServiceRevenueAmt	0	0
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	20032
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	15
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	0
IRS990EZ/SaleOfAssetsGrossAmt	0	0
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	NY
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	20469
IRS990EZ/TotalProgramServiceExpensesAmt	0	15
IRS990EZ/TotalRevenueAmt	0	35624
IRS990EZ/TransactionWithControlEntInd	0	0
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationTrustInd	0	X
IRS990EZ/WebsiteAddressTxt	0	www.readfdn.org
IRS990ScheduleA/CommunityTrustInd	0	X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	35438
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	25325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	30123
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	30370
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	29067
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	150323
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt	0	0
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	186
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	63
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	110
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	32
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	391
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	0
IRS990ScheduleA/OtherIncome170Grp/TotalAmt	0	0
IRS990ScheduleA/PublicSupportCY170Pct	0	0.99741
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IRS990ScheduleA/PublicSupportTotal170Amt	0	150323
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt	0	0
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	29067
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt	0	0
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt	0	0
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt	0	0
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Grant to Partner NGOs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Phone and internet expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS	0	2020-11-06 18:47:13Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Vimal Patel
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	4259858677
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2020-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	RESEARCH EDUCATION AND DEVELOPMENT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	RESE
ReturnHeader/Filer/EIN	0	453776491
ReturnHeader/Filer/PhoneNum	0	9144280960
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	31 Mamaroneck Road
ReturnHeader/Filer/USAddress/CityNm	0	Scarsdale
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NY
ReturnHeader/Filer/USAddress/ZIPCd	0	10583
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	131.107.174.37
ReturnHeader/ReturnTs	0	2020-05-05T16:41:06-07:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-01-01
ReturnHeader/TaxPeriodEndDt	0	2019-12-31
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $119,628
Liabilities: $0
Net assets: $119,628
Revenue: $35,624
Expenses: $20,469
Net income: $15,155

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net 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