Research Education and Development Foundation

990EZ • Fiscal year 2020 • EIN 45-3776491

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 07, 2021

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.

2020 filings • NTEE Q33 • <$500k nonprofits • Source year 2020

0.00x

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

2020 filings • NTEE Q33 • <$500k nonprofits • Source year 2020

14%

Higher net margin than 65% of similar nonprofits.

2020 filings • NTEE Q33 • <$500k nonprofits • Source year 2020

Higher top officer pay than 86% of similar nonprofits.

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

2020 filings • NTEE Q33 • <$500k nonprofits • Source year 2020

4.3%

Faster asset growth than 49% of similar nonprofits.

2020 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2019 to 2020

-0.0%

Faster revenue growth than 58% of similar nonprofits.

2020 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets68th percentile

Assets

$124,783

Up $5,155 (+4.3%) from 2019

Net Assets

$124,783

Up $5,155 (+4.3%) from 2019

Liabilities

Flat

Flat from 2019

Revenue And Expenses

Liabilities / Revenue67th percentile Net Margin65th percentile

Revenue

Down

$35,614

Down $10 (-0.0%) from 2019

Expenses

$30,459

Up $9,990 (+49%) from 2019

Net Income

Down

$5,155

Down $10,000 (-66%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

Highlighted filing

2020

Assets$124,783

Liabilities$0

Net Assets$124,783

Open 2020 Filing

Operations Trend

Revenue Growth58th percentile

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

Highlighted filing

2020

Revenue$35,614

Expenses$30,459

Net Income$5,155

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2020 to Dec 31, 2020
Signed: Oct 7, 2021
Return Version: 2020v4.0
Gross Receipts: $35,614

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.	$35,510	$30,459

Compensation and Service Providers

Top Officer Pay86th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Mrs Nirupama Nigam	Director / Trustee	-	$0	-	-
Dr Sunder S Thakur	Managing Trustee	PT	$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: 2021-10-07

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“Partner NGOs (1). THE CONCERNED FOR WORKING CHILDREN (CWC) : FCRA No XXX-XX-XXXX Dated: 16-07-1987 (2). MAHILA DAKSHTA SAMITI :FCRA No 94420898 Date: 08.06.2001 (3). SUMANGALI SEVA ASHRAMA FCRA No 94420300 Date: 22.12.1984 (4). JANODAYA TRUST FCRA No No. XXX-XX-XXXX dated 20.10.1987”

Form 990-EZ, Part I, Line 16

“Paid to food vendors on fund generation activities and expenses like sports unitalities for event participants. expense for computer lab in RK college India”

Raw XML Appendix186 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/OfficerDirectorTrusteeEmplGrp/PersonNm	3	Mrs Sanskriti Thakur
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	Director / Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Managing Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	Executive Director
IRS990EZ/OperateHospitalInd	0	0
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	3737
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	222
IRS990EZ/ProgramServiceRevenueAmt	0	0
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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
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IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
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IRS990EZ/TotalRevenueAmt	0	35614
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	35510
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	35438
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	63
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	110
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	32
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	495
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Partner NGOs (1). THE CONCERNED FOR WORKING CHILDREN (CWC) : FCRA No XXX-XX-XXXX Dated: 16-07-1987 (2). MAHILA DAKSHTA SAMITI :FCRA No 94420898 Date: 08.06.2001 (3). SUMANGALI SEVA ASHRAMA FCRA No 94420300 Date: 22.12.1984 (4). JANODAYA TRUST FCRA No No. XXX-XX-XXXX dated 20.10.1987
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Paid to food vendors on fund generation activities and expenses like sports unitalities for event participants. expense for computer lab in RK college India
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt	0	Due to pandemic, board meetings delayed, some members were traveling abroad India and stick with limited connectivity and had to arrange online meetings which delayed.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL2
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd	0	11
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	1
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Vimal Patel
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Treasurer
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ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-10-07
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/ReturnTs	0	2021-10-27T01:33:14-07:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2020-01-01
ReturnHeader/TaxPeriodEndDt	0	2020-12-31
ReturnHeader/TaxYr	0	2020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $124,783
Liabilities: $0
Net assets: $124,783
Revenue: $35,614
Expenses: $30,459
Net income: $5,155

	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