Civic Intelligence

Read 718 Inc

990 • Fiscal year 2018 • EIN 46-4080472

Aug 01, 2017 to Jul 31, 2018 • Filed on Aug 28, 2018

Organization Profileread718.org
420 Atlantic AvenueBrooklyn, NY 11217

(917) 575-8752

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

74th percentile

17%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

66th percentile

12%

Faster asset growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$351,273

Up $38,119 (+12%) from 2017

Net Assets

Up

$351,273

Up $38,119 (+12%) from 2017

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin74th percentile

Revenue

Up

$220,695

Up $57,456 (+35%) from 2017

Expenses

Up

$182,576

Up $69,933 (+62%) from 2017

Net Income

Down

$38,119

Down $12,477 (-25%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$1.0M$500K$0Assets 2015: $247,774Liabilities 2015: $0Net Assets 2015: $247,7742015Assets 2016: $262,558Net Assets 2016: $262,5582016Assets 2017: $313,154Net Assets 2017: $313,1542017Assets 2018: $351,273Liabilities 2018: $0Net Assets 2018: $351,2732018Assets 2019: $408,143Liabilities 2019: $0Net Assets 2019: $408,1432019Assets 2020: $506,182Liabilities 2020: $43,045Net Assets 2020: $463,1372020Assets 2021: $674,221Liabilities 2021: $56,228Net Assets 2021: $617,9932021Assets 2022: $774,569Liabilities 2022: $8,373Net Assets 2022: $766,1962022Assets 2023: $827,534Liabilities 2023: $12,647Net Assets 2023: $814,8872023Assets 2024: $905,321Liabilities 2024: $6,954Net Assets 2024: $898,3672024

Highlighted filing

2018

Assets$351,273
Liabilities$0
Net Assets$351,273
Open 2018 Filing

Operations Trend

Revenue Growth81st percentile

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

$1.0M$500K$0Revenue 2015: $289,554Expenses 2015: $37,726Net Income 2015: $251,8282015Revenue 2016: $91,867Expenses 2016: $77,083Net Income 2016: $14,7842016Revenue 2017: $163,239Expenses 2017: $112,643Net Income 2017: $50,5962017Revenue 2018: $220,695Expenses 2018: $182,576Net Income 2018: $38,1192018Revenue 2019: $279,609Expenses 2019: $247,714Net Income 2019: $31,8952019Revenue 2020: $375,811Expenses 2020: $320,817Net Income 2020: $54,9942020Revenue 2021: $515,252Expenses 2021: $412,945Net Income 2021: $102,3072021Revenue 2022: $708,000Expenses 2022: $559,797Net Income 2022: $148,2032022Revenue 2023: $744,534Expenses 2023: $695,843Net Income 2023: $48,6912023Revenue 2024: $912,681Expenses 2024: $829,201Net Income 2024: $83,4802024

Highlighted filing

2018

Revenue$220,695
Expenses$182,576
Net Income$38,119
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2017 to Jul 31, 2018
Signed
Aug 28, 2018
Return Version
2017v2.2
Gross Receipts
$220,695
Mission and Program Overview

Mission

Read 718 offers free or low cost individualized reading instruction, literacy tutoring, and mentorship to low-income students in grades four through eight located in Brooklyn.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$313,154$351,273▲ $38,119
Cash and Non-Interest-Bearing Accounts$190,915$241,900▲ $50,985
Land, Buildings, and Equipment, Net$122,239$109,373▼ $12,866
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$313,154$351,273▲ $38,119
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$313,154$351,273▲ $38,119
Total Liabilities and Net Assets / Fund Balance$313,154$351,273▲ $38,119

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$106,932$47,484$154,416
Other Land Buildings$1,930$3,943$5,873
Equipment$511$1,495$2,006
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Emily KirvenPresidentFT$36,538$36,538

Board Members and Trustees

NameTitle
Sharon WurtzelChairman
Keith BrooksDirector
Michael KirvenDirector
Tad SennottDirector
Rai-Tonicia KingSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$213,407
Program Service Revenue
$7,288
Investment Income
$0
Other Revenue
$0
All Other Contributions
$213,407
Change in Net Assets
$38,119
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$125,785
Other Expenses$46,392
Professional Fundraising Fees$10,399
Total Fundraising Expense$10,399
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$79,768--$79,768
Current Officers, Directors, Trustees, and Key Employees-$36,538-$36,538
Depreciation Depletion-$12,866-$12,866
Fees for Services Professional Fundraising--$10,399$10,399
Payroll Taxes$6,501$2,978-$9,479
Office Expenses-$5,634-$5,634
Insurance-$4,271-$4,271
Fees for Services Accounting-$3,587-$3,587
Occupancy-$3,194-$3,194
Information Technology-$2,945-$2,945
Advertising-$2,214-$2,214
All Other Expenses-$2,116-$2,116
Other Expenses$1,328$937-$937
Conferences and Meetings-$615-$615
Total Functional Expenses$94,282$77,895$10,399$182,576
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$10,399
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Emily Kirven and Michael Kirven are married”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Form 990 was reviewed by all board members prior to filing”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents, policies, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
READ 718 Inc
EIN
46-4080472
Phone
9175758752
Address
420 Atlantic Avenue, Brooklyn, NY 11217

Signing Officer

Name
Emily Kirven
Title
President
Signed
2018-08-28
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
0
Employees
3

Preparer

Firm
Korje Tax Professionals Inc
Address
928 BROADWAY SUITE 707, NEW YORK, NY 10010
Preparer
Koreen Jervis
Phone
2126771132
Raw XML Appendix381 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Read 718 offers free or low cost individualized reading instruction, literacy tutoring, and mentorship to low-income students in grades four through eight located in Brooklyn.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02214
IRS990/AdvertisingGrp/TotalAmt02214
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0213407
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02116
IRS990/AllOtherExpensesGrp/TotalAmt02116
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Emily Kirven
IRS990/BooksInCareOfDetail/PhoneNum09175758752
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0223 Warren Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Brooklyn
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011201
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0190915
IRS990/CashNonInterestBearingGrp/EOYAmt0241900
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt036538
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt036538
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0615
IRS990/ConferencesMeetingsGrp/TotalAmt0615
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0213407
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt046392
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt07288
IRS990/CYRevenuesLessExpensesAmt038119
IRS990/CYSalariesCompEmpBnftPaidAmt0125785
IRS990/CYTotalExpensesAmt0182576
IRS990/CYTotalFundraisingExpenseAmt010399
IRS990/CYTotalProfFndrsngExpnsAmt010399
IRS990/CYTotalRevenueAmt0220695
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt012866
IRS990/DepreciationDepletionGrp/TotalAmt012866
IRS990/Desc0In 2017-18, READ 718 provided over 3,500 hours of one-to-one reading intervention to 89 children in grades 1-8 who are from low-income households. Each students was assessed and individual lesson plans were created to meet each child's specific needs. READ 718 trained over 80 volunteer tutors who implemented the lessons.In 2017-18 we hosted and led 5 additional workshops for parents, volunteers, and other community members on a variety of educational topics.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt094282
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03587
IRS990/FeesForServicesAccountingGrp/TotalAmt03587
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/FundraisingAmt010399
IRS990/FeesForServicesProfFundraising/TotalAmt010399
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Michael Kirven
IRS990/Form990PartVIISectionAGrp/PersonNm1Keith Brooks
IRS990/Form990PartVIISectionAGrp/PersonNm2Sharon Wurtzel
IRS990/Form990PartVIISectionAGrp/PersonNm3Tad Sennott
IRS990/Form990PartVIISectionAGrp/PersonNm4Rai-Tonicia King
IRS990/Form990PartVIISectionAGrp/PersonNm5Emily Kirven
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt536538
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0220695
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02945
IRS990/InformationTechnologyGrp/TotalAmt02945
IRS990/InsuranceGrp/ManagementAndGeneralAmt04271
IRS990/InsuranceGrp/TotalAmt04271
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt052922
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0122239
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0109373
IRS990/LandBldgEquipCostOrOtherBssAmt0162295
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Read 718 offers free or low cost individualized reading instruction, literacy tutoring, and mentorship to low-income students in grades four through eight located in Brooklyn.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0313154
IRS990/NetAssetsOrFundBalancesEOYAmt0351273
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt03194
IRS990/OccupancyGrp/TotalAmt03194
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05634
IRS990/OfficeExpensesGrp/TotalAmt05634
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Program Expenditures
IRS990/OtherExpensesGrp/Desc1Volunteer Training and Review
IRS990/OtherExpensesGrp/Desc2Educational Supplies
IRS990/OtherExpensesGrp/Desc3Printing and Publications
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0937
IRS990/OtherExpensesGrp/ProgramServicesAmt04527
IRS990/OtherExpensesGrp/ProgramServicesAmt12158
IRS990/OtherExpensesGrp/ProgramServicesAmt21328
IRS990/OtherExpensesGrp/TotalAmt04527
IRS990/OtherExpensesGrp/TotalAmt12158
IRS990/OtherExpensesGrp/TotalAmt21328
IRS990/OtherExpensesGrp/TotalAmt3937
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt079768
IRS990/OtherSalariesAndWagesGrp/TotalAmt079768
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02978
IRS990/PayrollTaxesGrp/ProgramServicesAmt06501
IRS990/PayrollTaxesGrp/TotalAmt09479
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Tutoring
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07288
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07288
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0158003
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt042923
IRS990/PYProgramServiceRevenueAmt05236
IRS990/PYRevenuesLessExpensesAmt050596
IRS990/PYSalariesCompEmpBnftPaidAmt063004
IRS990/PYTotalExpensesAmt0112643
IRS990/PYTotalProfFndrsngExpnsAmt06716
IRS990/PYTotalRevenueAmt0163239
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt038119
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0313154
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0351273
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0213407
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0158003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt086992
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0288629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0747031
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0747031
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0213407
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0158003
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt086992
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0288629
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0747031
IRS990ScheduleA/TotalSupportAmt0747031
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0511
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01495
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02006
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0106932
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt047484
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0154416
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01930
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03943
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05873
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0109373
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Emily Kirven and Michael Kirven are married
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 was reviewed by all board members prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents, policies, and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0313154
IRS990/TotalAssetsEOYAmt0351273
IRS990/TotalAssetsGrp/BOYAmt0313154
IRS990/TotalAssetsGrp/EOYAmt0351273
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0213407
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010399
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt077895
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt094282
IRS990/TotalFunctionalExpensesGrp/TotalAmt0182576
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0313154
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0351273
IRS990/TotalProgramServiceExpensesAmt094282
IRS990/TotalProgramServiceRevenueAmt07288
IRS990/TotalReportableCompFromOrgAmt036538
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07288
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0220695
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0313154
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0351273
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0http://read718.org/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Emily Kirven
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0READ 718 Inc
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0464080472
ReturnHeader/Filer/PhoneNum09175758752
ReturnHeader/Filer/USAddress/AddressLine1Txt0420 Atlantic Avenue
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011217
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203343625
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KORJE TAX PROFESSIONALS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0928 BROADWAY SUITE 707
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010010
ReturnHeader/PreparerPersonGrp/PhoneNum02126771132
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Koreen Jervis
ReturnHeader/ReturnTs02018-08-28T13:46:52-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-08-01
ReturnHeader/TaxPeriodEndDt02018-07-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$351,273
Liabilities
$0
Net assets
$351,273
Revenue
$220,695
Expenses
$182,576
Net income
$38,119
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.05$0.07$8.98$9.13$8.29$0.83
2023Detailed filing. Detailed filing data is available for this year.$8.28$0.13$8.15$7.45$6.96$0.49
2022Detailed filing. Detailed filing data is available for this year.$7.75$0.08$7.66$7.08$5.60$1.48
2021Detailed filing. Detailed filing data is available for this year.$6.74$0.56$6.18$5.15$4.13$1.02
2020Detailed filing. Detailed filing data is available for this year.$5.06$0.43$4.63$3.76$3.21$0.55
2019Detailed filing. Detailed filing data is available for this year.$4.08$0.00$4.08$2.80$2.48$0.32
2018Detailed filing. Detailed filing data is available for this year.$3.51$0.00$3.51$2.21$1.83$0.38
2017Detailed filing. Detailed filing data is available for this year.$3.13$3.13$1.63$1.13$0.51
2016Detailed filing. Detailed filing data is available for this year.$2.63$2.63$0.92$0.77$0.15
2015Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$2.90$0.38$2.52