Civic Intelligence

Critical Read Inc

990EZ • Fiscal year 2019 • EIN 46-4167600

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 15, 2020

Organization Profilewww.criticalread.org
276 Fifth Avenue Suit 704New York, NY 10001

(347) 575-2907

Siviq Scores

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

Liabilities / Assets

86th percentile

0.27x

Higher debt load relative to assets than 86% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

14th percentile

-25%

Higher net margin than 14% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

8th percentile

-57%

Faster asset growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

17th percentile

-31%

Faster revenue growth than 17% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$4,600

Down $6,155 (-57%) from 2018

Net Assets

Down

$3,350

Down $7,405 (-69%) from 2018

Liabilities

Up

$1,250

Up $1,250 from 2018

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin14th percentile

Revenue

Down

$19,755

Down $9,044 (-31%) from 2018

Expenses

Up

$24,660

Up $8,128 (+49%) from 2018

Net Income

Down

-$4,905

Down $17,172 (-140%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

2019

Assets$4,600
Liabilities$1,250
Net Assets$3,350
Open 2019 Filing

Operations Trend

Revenue Growth17th percentile

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

2019

Revenue$19,755
Expenses$24,660
Net Income-$4,905
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 15, 2020
Return Version
2019v5.0
Gross Receipts
$19,755
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.

The organization's primary exempt purpose is to promote the arts and culture in the United States. Critical Read publishes and distributes original commentaries on works of the fine, literary and performing arts.

Program Services

DescriptionGrantsExpenses
The organization published 'The Artist's Home Undone,' an explanatory commentary on Lee Miller and her work with Man Ray. The organization published five personal essays that explored five important American artists. The organization developed new reported articles and published an in-depth commentary on the politics of taxidermy, a profile of an American musician, and two in-depth histories of American artists, Mark Twain and Loie FUller.$0$13,682
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Natalie AxtonPresidentPT$0--
Meredith HayTreasurer-$0--
James UebbingDirector-$0--
Anthony FountainDirector-$0--
Filing and Contact Details

Filer

Filer Name
Critical Read Inc
EIN
46-4167600
Phone
3475752907
Address
276 Fifth Avenue Suit 704, New York, NY 10001

Signing Officer

Name
Natalie Axton
Title
President
Phone
3475752907
Signed
2020-11-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Books, Subscriptions and References Office Supplies Website Insurance, Bank Fees, Dining and Meeting”

Form 990-EZ, Part I, Line 20

“Loan balance”

Form 990-EZ, Part II, Line 26

“Axton start-up loan balance”

Raw XML Appendix209 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/PersonNm0Natalie Axton
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Anthony Fountain
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt0-1250
IRS990EZ/OtherExpensesTotalAmt07254
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The organization's primary exempt purpose is to promote the arts and culture in the United States. Critical Read publishes and distributes original commentaries on works of the fine, literary and performing arts.
IRS990EZ/PrintingPublicationsPostageAmt01279
IRS990EZ/ProgramServiceRevenueAmt010
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization published 'The Artist's Home Undone,' an explanatory commentary on Lee Miller and her work with Man Ray. The organization published five personal essays that explored five important American artists. The organization developed new reported articles and published an in-depth commentary on the politics of taxidermy, a profile of an American musician, and two in-depth histories of American artists, Mark Twain and Loie FUller.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TransactionWithControlEntInd00
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IRS990EZ/WebsiteAddressTxt0www.criticalread.org
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt077227
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Natalie Axton
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Books, Subscriptions and References Office Supplies Website Insurance, Bank Fees, Dining and Meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Loan balance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Axton start-up loan balance
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Natalie Axton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03475752907
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CRITICAL READ INC
ReturnHeader/Filer/BusinessNameControlTxt0CRIT
ReturnHeader/Filer/EIN0464167600
ReturnHeader/Filer/PhoneNum03475752907
ReturnHeader/Filer/USAddress/AddressLine1Txt0276 Fifth Avenue Suit 704
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010001
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.150.44.139
ReturnHeader/ReturnTs02020-11-15T12:51:54-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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
$4,600
Liabilities
$1,250
Net assets
$3,350
Revenue
$19,755
Expenses
$24,660
Net income
-$4,905
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