Civic Intelligence

Read USA Inc.

990EZ • Fiscal year 2017 • EIN 47-4729513

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 27, 2018

Organization ProfileN/A
207 N Laura Street No 207Jacksonville, FL 32202

(904) 853-6993

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

57th percentile

6.8%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

$5,377

No earlier filing loaded for comparison.

Net Assets

$5,377

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin57th percentile

Revenue

$79,365

No earlier filing loaded for comparison.

Expenses

$73,988

No earlier filing loaded for comparison.

Net Income

$5,377

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.

$3.0M$2.0M$1.0M$0Assets 2017: $5,377Liabilities 2017: $0Net Assets 2017: $5,3772017Assets 2018: $7,393Liabilities 2018: $0Net Assets 2018: $7,3932018Assets 2019: $9,747Liabilities 2019: $0Net Assets 2019: $9,7472019Assets 2020: $26,251Liabilities 2020: $13,000Net Assets 2020: $13,2512020Assets 2021: $1,550,513Liabilities 2021: $451,677Net Assets 2021: $1,098,8362021Assets 2023: $2,323,124Liabilities 2023: $1,223,062Net Assets 2023: $1,100,0622023Assets 2024: $1,622,148Liabilities 2024: $1,488,525Net Assets 2024: $133,6232024

Highlighted filing

2017

Assets$5,377
Liabilities$0
Net Assets$5,377
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $79,365Expenses 2017: $73,988Net Income 2017: $5,3772017Revenue 2018: $105,855Expenses 2018: $103,839Net Income 2018: $2,0162018Revenue 2019: $350,344Expenses 2019: $347,990Net Income 2019: $2,3542019Revenue 2020: $488,776Expenses 2020: $485,272Net Income 2020: $3,5042020Revenue 2021: $2,569,007Expenses 2021: $1,483,422Net Income 2021: $1,085,5852021Revenue 2023: $3,947,111Expenses 2023: $4,702,134Net Income 2023: -$755,0232023Revenue 2024: $4,593,735Expenses 2024: $5,560,174Net Income 2024: -$966,4392024

Highlighted filing

2017

Revenue$79,365
Expenses$73,988
Net Income$5,377
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 27, 2018
Return Version
2017v2.2
Gross Receipts
$79,365
Mission and Program Overview

Mission

Based on research, read usa inc., is targeting breaking the cycle of poverty by equiping literacy resources to children of low income homes. Research shows that 2/3 of low income homes have zero books and 2/3 of 4th graders who struggle to read will end up in jail or on welfare. Read usa inc. Is creating awareness and action towards this issue and turning the page on these statistics in a positive way.

Program Services

DescriptionGrantsExpenses
READ USA RAISED $15 PER STUDENT FOR THE PURCHASE OF BOOKS WHICH PROVIDED 3,440 LOW INCOME STUDENTS OVER 11,000 BRAND NEW BOOKS TO OWN.$0$36,915
READ PROVIDED 6,000 BRAND NEW BOOKS FOR CLASSROOM LIBRARIES IN THE SCHOOLS$0$14,487
READ USA PARTNERS WITH EACH PARTIPATING SCHOOL (6) IN A YEAR ROUND LITERACY PLAN SIGNED BY EACH PRINCIPAL OF THE PARTICPATING SCHOOLS$0$0
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELLEN A WISSPresident-TreasurerPT$0--
VANESSA TUSSEYVice President-$0--
ROSALIE BERNSTEINSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Read USA Inc
EIN
47-4729513
Phone
9048536993
Address
207 N LAURA STREET NO 207, JACKSONVILLE, FL 32202

Signing Officer

Name
Ellen Wiss
Title
President
Phone
9048536993
Signed
2018-06-27
Discuss with paid preparer
Yes

Preparer

Firm
Gardenswartz & Prosser Pc
Address
600 SEVENTEENTH ST SUITE 1800 N, DENVER, CO 80202
Preparer
Wayne Gardenswartz
Phone
3035346770
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: office supplies and bank charges. Amount: 85. Description: book fairs. Amount: 14,487. Description: advertising. Amount: 1,519. Description: promotions. Amount: 20,705. Description: cash to six elementary schools to enable children to purchase books. Amount: 36,915. Total to form 990-ez, line 16: 73,711.”

Raw XML Appendix145 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0READ USA INC
IRS990EZ/BooksInCareOfDetail/PhoneNum09048536993
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0207 N LAURA STREET 207
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0JACKSONVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd032202
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05377
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt079365
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt05377
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0277
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05377
IRS990EZ/GrossReceiptsAmt079365
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05377
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05377
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ELLEN A WISS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1VANESSA TUSSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROSALIE BERNSTEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT-TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt073711
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0BASED ON RESEARCH, READ USA INC., IS TARGETING BREAKING THE CYCLE OF POVERTY BY EQUIPING LITERACY RESOURCES TO CHILDREN OF LOW INCOME HOMES. RESEARCH SHOWS THAT 2/3 OF LOW INCOME HOMES HAVE ZERO BOOKS AND 2/3 OF 4TH GRADERS WHO STRUGGLE TO READ WILL END UP IN JAIL OR ON WELFARE. READ USA INC. IS CREATING AWARENESS AND ACTION TOWARDS THIS ISSUE AND TURNING THE PAGE ON THESE STATISTICS IN A POSITIVE WAY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0READ USA RAISED $15 PER STUDENT FOR THE PURCHASE OF BOOKS WHICH PROVIDED 3,440 LOW INCOME STUDENTS OVER 11,000 BRAND NEW BOOKS TO OWN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1READ PROVIDED 6,000 BRAND NEW BOOKS FOR CLASSROOM LIBRARIES IN THE SCHOOLS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2READ USA PARTNERS WITH EACH PARTIPATING SCHOOL (6) IN A YEAR ROUND LITERACY PLAN SIGNED BY EACH PRINCIPAL OF THE PARTICPATING SCHOOLS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt036915
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt114487
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt073988
IRS990EZ/TotalProgramServiceExpensesAmt051402
IRS990EZ/TotalRevenueAmt079365
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt079364
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt079364
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt079364
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt079364
IRS990ScheduleA/Total509Grp/TotalAmt079364
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt079364
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt079364
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OFFICE SUPPLIES AND BANK CHARGES. AMOUNT: 85. DESCRIPTION: BOOK FAIRS. AMOUNT: 14,487. DESCRIPTION: ADVERTISING. AMOUNT: 1,519. DESCRIPTION: PROMOTIONS. AMOUNT: 20,705. DESCRIPTION: CASH TO SIX ELEMENTARY SCHOOLS TO ENABLE CHILDREN TO PURCHASE BOOKS. AMOUNT: 36,915. TOTAL TO FORM 990-EZ, LINE 16: 73,711.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ELLEN WISS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09048536993
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0READ USA INC
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0474729513
ReturnHeader/Filer/PhoneNum09048536993
ReturnHeader/Filer/USAddress/AddressLine1Txt0207 N LAURA STREET NO 207
ReturnHeader/Filer/USAddress/CityNm0JACKSONVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032202
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E46848D3A4475848A38826643AE24EE57372E756
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E46848D3A4475848A38826643AE24EE57372E756
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.15.81.122
ReturnHeader/FilingSecurityInformation/IPDt02018-06-27
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0MD
ReturnHeader/FilingSecurityInformation/IPTm014:51:27
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813417330
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GARDENSWARTZ & PROSSER PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 SEVENTEENTH ST SUITE 1800 N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080202
ReturnHeader/PreparerPersonGrp/PhoneNum03035346770
ReturnHeader/PreparerPersonGrp/PreparationDt02018-06-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WAYNE GARDENSWARTZ
ReturnHeader/ReturnTs02018-07-12T16:49:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,377
Liabilities
$0
Net assets
$5,377
Revenue
$79,365
Expenses
$73,988
Net income
$5,377
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$1.49$0.13$4.59$5.56$0.97
2023Detailed filing. Detailed filing data is available for this year.$2.32$1.22$1.10$3.95$4.70$0.76
2021Detailed filing. Detailed filing data is available for this year.$1.55$0.45$1.10$2.57$1.48$1.09
2020Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.01$0.49$0.49$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.35$0.35$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.11$0.10$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.08$0.07$0.01