Civic Intelligence

Reading Opens Minds

990EZ • Fiscal year 2015 • EIN 46-3640574

Jul 01, 2014 to Jun 30, 2015

Organization Profilewww.readingopensminds.org
Studio City, CA
Siviq Scores

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

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

24th percentile

-9.3%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

21st percentile

-19%

Faster asset growth than 21% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

17th percentile

-30%

Faster revenue growth than 17% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$15,867

Down $3,731 (-19%) from 2014

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

Down

$428

Down $185 (-30%) from 2014

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin24th percentile

Revenue

Down

$38,096

Down $16,314 (-30%) from 2014

Expenses

Up

$41,642

Up $6,217 (+18%) from 2014

Net Income

Down

-$3,546

Down $22,531 (-119%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$20K$15K$10K$5.0K$0Assets 2014: $19,598Liabilities 2014: $6132014Assets 2015: $15,867Liabilities 2015: $4282015Assets 2016: $15,614Liabilities 2016: $0Net Assets 2016: $15,6142016Assets 2017: $7,405Liabilities 2017: $1,570Net Assets 2017: $5,8352017

Highlighted filing

2015

Assets$15,867
Liabilities$428
Net Assets-
Open 2015 Filing

Operations Trend

Revenue Growth17th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2014: $54,410Expenses 2014: $35,425Net Income 2014: $18,9852014Revenue 2015: $38,096Expenses 2015: $41,642Net Income 2015: -$3,5462015Revenue 2016: $57,395Expenses 2016: $57,220Net Income 2016: $1752016Revenue 2017: $51,523Expenses 2017: $61,360Net Income 2017: -$9,8372017

Highlighted filing

2015

Revenue$38,096
Expenses$41,642
Net Income-$3,546
Open 2015 Filing
Filing Detail Status

This 2015 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2017)
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Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Mission and Program Overview

Mission

OUR MISSION IS TO PROMOTE LITERACY IN AT-RISK COMMUNITIES THROUGH BOOK CLUBS, EMPOWERING INDIVIDUALS, BUILDING RELATIONSHIPS AND INSPIRING HOPE..DESIGNED TO REACH THOSE MOST IN NEED, Reading Open Minds (ROM) BOOK CLUBS ENCOURAGE THE SHARED EXPERIENCE OF READING AND DISCUSSION TO NURTURE SELF-WORTH, FOSTER EMPATHY, ENCOURAGE MEANINGFUL COMMUNICATION AND INCREASE SENSE OF COMMUNITY. BY PROVIDING NEW BOOKS AND MENTORS, WE ENVISION COMPREHENSIVE LITERACY AS A GATEWAY TO SUCCESS AND AN OPPORTUNITY TO EXPAND UNDERSTANDING, BENEFITING INDIVIDUALS AND THE GREATER GOOD.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$15,867
Liabilities
$428
Net assets
-
Revenue
$38,096
Expenses
$41,642
Net income
-$3,546
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$7.41$1.57$5.84$51.5$61.4$9.84
2016Detailed filing. Detailed filing data is available for this year.$15.6$0.00$15.6$57.4$57.2$0.18
2015Summary only. Only limited summary data is available for this year.$15.9$0.43$38.1$41.6$3.55
2014Summary only. Only limited summary data is available for this year.$19.6$0.61$54.4$35.4$19.0