Civic Intelligence

Dyslexia Resource Trust Inc

990 • Fiscal year 2016 • EIN 46-5228845

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 30, 2017

282 Mount Paran RoadAtlanta, GA 30327

(404) 220-8325

Siviq Scores

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

Liabilities / Assets

88th percentile

0.41x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

99th percentile

$224,580

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 47.6% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

94th percentile

160%

Faster asset growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

100th percentile

3896%

Faster revenue growth than 100% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$246,146

Up $151,573 (+160%) from 2015

Net Assets

Up

$145,982

Up $51,450 (+54%) from 2015

Liabilities

Up

$100,164

Up $100,123 (+244202%) from 2015

Revenue

Up

$471,491

Up $459,691 (+3896%) from 2015

Expenses

Up

$420,041

Up $270,102 (+180%) from 2015

Net Income

Up

$51,450

Up $189,589 (+137%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $232,058Liabilities 2014: $0Net Assets 2014: $232,0582014Assets 2015: $94,573Liabilities 2015: $41Net Assets 2015: $94,5322015Assets 2016: $246,146Liabilities 2016: $100,164Net Assets 2016: $145,9822016Assets 2017: $155,076Liabilities 2017: $88,682Net Assets 2017: $66,3942017Assets 2018: $667,602Liabilities 2018: $79,757Net Assets 2018: $587,8452018Assets 2019: $1,101,300Liabilities 2019: $86,230Net Assets 2019: $1,015,0702019Assets 2020: $1,346,629Liabilities 2020: $179,599Net Assets 2020: $1,167,0302020Assets 2021: $1,477,246Liabilities 2021: $216,557Net Assets 2021: $1,260,6892021Assets 2022: $2,093,374Liabilities 2022: $234,306Net Assets 2022: $1,859,0682022Assets 2023: $1,723,637Liabilities 2023: $95,747Net Assets 2023: $1,627,8902023Assets 2024: $1,528,711Liabilities 2024: $214,568Net Assets 2024: $1,314,1432024

Highlighted filing

2016

Assets$246,146
Liabilities$100,164
Net Assets$145,982

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $288,770Expenses 2014: $51,343Net Income 2014: $237,4272014Revenue 2015: $11,800Expenses 2015: $149,939Net Income 2015: -$138,1392015Revenue 2016: $471,491Expenses 2016: $420,041Net Income 2016: $51,4502016Revenue 2017: $448,157Expenses 2017: $527,745Net Income 2017: -$79,5882017Revenue 2018: $1,222,457Expenses 2018: $701,006Net Income 2018: $521,4512018Revenue 2019: $829,477Expenses 2019: $402,252Net Income 2019: $427,2252019Revenue 2020: $1,224,912Expenses 2020: $1,072,952Net Income 2020: $151,9602020Revenue 2021: $1,480,098Expenses 2021: $1,386,439Net Income 2021: $93,6592021Revenue 2022: $2,050,876Expenses 2022: $1,452,497Net Income 2022: $598,3792022Revenue 2023: $1,078,787Expenses 2023: $1,309,965Net Income 2023: -$231,1782023Revenue 2024: $958,634Expenses 2024: $1,329,899Net Income 2024: -$371,2652024

Highlighted filing

2016

Revenue$471,491
Expenses$420,041
Net Income$51,450
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 30, 2017
Return Version
2016v3.0
Gross Receipts
$471,491
Mission and Program Overview

Mission

Empowering communities to serve dyslexic learners.

To facilitate teacher training, champion the support of students and parents, and educate the public about dyslexia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$92,311$225,701▲ $133,390
Accounts Receivable-$15,890-
Land, Buildings, and Equipment, Net$1,614$2,500▲ $886
Prepaid Expenses and Deferred Charges$648$2,055▲ $1,407
Total Assets$94,573$246,146▲ $151,573
Liabilities
Accounts Payable and Accrued Expenses$41$53,718▲ $53,677
Deferred Revenue-$46,446-
Total Liabilities$41$100,164▲ $100,123
Net Assets / Fund Balance
Unrestricted Net Assets$94,532$134,649▲ $40,117
Temporarily Rstr Net Assets-$11,333-
Total Net Assets Fund Balance$94,532$145,982▲ $51,450
Total Liabilities and Net Assets / Fund Balance$94,573$246,146▲ $151,573

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,500$1,551$4,051
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Chris PomarExecutive Di$33,867$190,713$224,580
Chris PomarExecutive Director$33,867-$33,867

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$401,471
Program Service Revenue
$69,989
Investment Income
$0
Other Revenue
$31
All Other Contributions
$401,471
Change in Net Assets
$51,450
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$338,450
Other Expenses$81,591
Total Fundraising Expense$260
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$211,333-$211,333
Other Salaries and Wages$62,192$20,164-$82,356
Other Employee Benefits$7,155$15,450-$22,605
Payroll Taxes$4,716$17,440-$22,156
Fees for Services Other-$17,838-$17,838
Fees for Services Legal-$5,784-$5,784
Office Expenses$1,654$3,330-$4,984
Occupancy$4,889--$4,889
Insurance-$4,758-$4,758
Travel-$4,237-$4,237
Fees for Services Accounting-$3,975-$3,975
Conferences and Meetings-$1,167$260$1,427
Depreciation Depletion-$1,013-$1,013
Advertising$207$720-$927
Information Technology-$749-$749
Other Expenses-$487-$487
All Other Expenses-$486-$486
Total Functional Expenses$80,813$338,968$260$420,041
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
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
Yes
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, Page 6, Part VI, Line 11B

The draft of the 990 will be provided to the governing body of the organization for review prior to finalizing and filing. This will be done as a password protected document sent via email.

Form 990, Page 6, Part VI, Line 15A

During the 2015 search process for an executive director, determination of compensation was provided by the search consultant.

Form 990, Page 6, Part VI, Line 18

By request to louise hodapp, finance committee member.

Form 990, Page 6, Part VI, Line 19

Requests for governing documents, conflict of interest policy, and financial statements are directed to louise hodapp, director of finance

Form 990, Part VII

As of december 31, 2016, the dyslexia resource had no employees. Executive director, chris pomar, is an employee leased from the schenck school. This employee lease arrangement was effective 2/26/16.

Filing and Contact Details

Filer

Filer Name
Dyslexia Resource Trust Inc
EIN
46-5228845
Phone
4042208325
Address
282 MOUNT PARAN ROAD, ATLANTA, GA 30327

Signing Officer

Name
Chris Pomar
Title
Executive Director
Phone
4042522591
Signed
2017-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Pomar
Formed
2013
Legal Domicile
Ga
Voting Board Members
14
Independent Board Members
14
Employees
1
Volunteers
10

Preparer

Firm
Brooks Mcginnis & Company LLC
Address
5607 GLENRIDGE DR STE 650, ATLANTA, GA 30342-4959
Preparer
Steven E Trumbo
Phone
4045314940
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IRS990/ProgramServiceRevenueGrp/Desc0TEACHING TRAINING INCOME
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt069989
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IRS990/ReconcilationRevenueExpnssAmt051450
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt069989
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0401471
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt011800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0288770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt013093
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0715134
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt070020
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0190202
IRS990ScheduleA/SubstantialContributorsTotAmt0524932
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0401471
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt011800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0288770
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt013093
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0715134
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt02500
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01551
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04051
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02500
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IRS990ScheduleJ/EquityBasedCompArrngmInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0177466
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt010000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt03247
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRIS POMAR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt033867
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0190713
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DRAFT OF THE 990 WILL BE PROVIDED TO THE GOVERNING BODY OF THE ORGANIZATION FOR REVIEW PRIOR TO FINALIZING AND FILING. THIS WILL BE DONE AS A PASSWORD PROTECTED DOCUMENT SENT VIA EMAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING THE 2015 SEARCH PROCESS FOR AN EXECUTIVE DIRECTOR, DETERMINATION OF COMPENSATION WAS PROVIDED BY THE SEARCH CONSULTANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BY REQUEST TO LOUISE HODAPP, FINANCE COMMITTEE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REQUESTS FOR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE DIRECTED TO LOUISE HODAPP, DIRECTOR OF FINANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AS OF DECEMBER 31, 2016, THE DYSLEXIA RESOURCE HAD NO EMPLOYEES. EXECUTIVE DIRECTOR, CHRIS POMAR, IS AN EMPLOYEE LEASED FROM THE SCHENCK SCHOOL. THIS EMPLOYEE LEASE ARRANGEMENT WAS EFFECTIVE 2/26/16.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VII
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IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE SCHENCK SCHOOL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0580958208
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0282 MOUNT PARAN ROAD NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ATLANTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0253766
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE SCHENCK SCHOOL INC
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0246146
IRS990/TotalAssetsGrp/BOYAmt094573
IRS990/TotalAssetsGrp/EOYAmt0246146
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