Civic Intelligence

Critical Read Inc

990 • Fiscal year 2014 • EIN 46-4167600

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 12, 2015

Organization ProfileWWW.CRITICALREAD.ORG
PO Box 872Croton Falls, NY 10519

(914) 617-8293

Siviq Scores

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

Liabilities / Assets

99th percentile

31.19x

Higher debt load relative to assets than 99% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets99th percentile

Assets

$214

No earlier filing loaded for comparison.

Net Assets

-$6,461

No earlier filing loaded for comparison.

Liabilities

$6,675

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

$0

No earlier filing loaded for comparison.

Expenses

$6,476

No earlier filing loaded for comparison.

Net Income

-$6,476

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$15K$10K$5.0K$0-$5.0K-$10KAssets 2014: $214Liabilities 2014: $6,675Net Assets 2014: -$6,4612014Assets 2015: $6,472Liabilities 2015: $0Net Assets 2015: $6,4722015Assets 2016: $708Liabilities 2016: $0Net Assets 2016: $7082016Assets 2017: $2,488Liabilities 2017: $0Net Assets 2017: $2,4882017Assets 2018: $10,755Liabilities 2018: $0Net Assets 2018: $10,7552018Assets 2019: $4,600Liabilities 2019: $1,250Net Assets 2019: $3,3502019Assets 2020: $2,451Liabilities 2020: $0Net Assets 2020: $2,4512020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2014

Assets$214
Liabilities$6,675
Net Assets-$6,461
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0-$20KRevenue 2014: $0Expenses 2014: $6,476Net Income 2014: -$6,4762014Revenue 2015: $25,590Expenses 2015: $19,332Net Income 2015: $6,2582015Revenue 2016: $18,215Expenses 2016: $23,979Net Income 2016: -$5,7642016Revenue 2017: $12,410Expenses 2017: $10,630Net Income 2017: $1,7802017Revenue 2018: $28,799Expenses 2018: $16,532Net Income 2018: $12,2672018Revenue 2019: $19,755Expenses 2019: $24,660Net Income 2019: -$4,9052019Revenue 2020: $50,283Expenses 2020: $51,182Net Income 2020: -$8992020Revenue 2021: $21,097Expenses 2021: $20,559Net Income 2021: $5382021

Highlighted filing

2014

Revenue$0
Expenses$6,476
Net Income-$6,476
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 12, 2015
Return Version
2014v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

To promote the arts and culture in the united states. Critical read publishes and distributes original commentaries on important works of the fine, literary and performing arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$0$6,675▲ $6,675
Cash and Non-Interest-Bearing Accounts$15$214▲ $199
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$15$-6,461▼ $6,476
Total Assets$15$214▲ $199
Liabilities
Total Liabilities$0$6,675▲ $6,675
Net Assets / Fund Balance
Total Net Assets Fund Balance$15$-6,461▼ $6,476
Total Liabilities and Net Assets / Fund Balance$15$214▲ $199
Compensation and Service Providers
Top Officer Pay74th percentile

Board Members and Trustees

NameTitle
Natalie AxtonPresident
Anthony FountainDirector
James UebbingDirector
Vv CookeSecretary
Meredith HayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-6,476
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,476
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$1,875-$1,875
Fees for Services Accounting-$1,376-$1,376
Other Expenses$1,200$60-$60
Office Expenses-$15-$15
Total Functional Expenses$1,200$5,276$0$6,476
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$6,675▲ $6,675
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“As the organization has just begun they do not have a process to distribute the tax returns prior to filing.”

Form 990, Part VI, Section C, Line 19

“The organization plans to have all documentation available on their website”

Filing and Contact Details

Filer

Filer Name
Critical Read Inc
EIN
46-4167600
Phone
9146178293
Address
PO BOX 872, CROTON FALLS, NY 10519

Signing Officer

Name
Natalie Axton
Title
President
Phone
9146178293
Signed
2015-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Natalie Axton
Formed
2012
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Reynolds & Rowella Llp
Address
90 GROVE STREET, RIDGEFIELD, CT 06877
Preparer
Thomas F Reynolds CPA
Phone
2034380161
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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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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-08-13T09:30:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$214
Liabilities
$6,675
Net assets
-$6,461
Revenue
$0
Expenses
$6,476
Net income
-$6,476
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$21.1$20.6$0.54
2020Detailed filing. Detailed filing data is available for this year.$2.45$0.00$2.45$50.3$51.2$0.90
2019Detailed filing. Detailed filing data is available for this year.$4.60$1.25$3.35$19.8$24.7$4.91
2018Detailed filing. Detailed filing data is available for this year.$10.8$0.00$10.8$28.8$16.5$12.3
2017Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$12.4$10.6$1.78
2016Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$18.2$24.0$5.76
2015Detailed filing. Detailed filing data is available for this year.$6.47$0.00$6.47$25.6$19.3$6.26
2014Detailed filing. Detailed filing data is available for this year.$0.21$6.68$6.46$0.00$6.48$6.48