Civic Intelligence

The Reading Connection Inc

990 • Fiscal year 2012 • EIN 54-1628863

Jul 01, 2011 to Jun 30, 2012 • Filed on May 08, 2013

4001 9th Street N No 22622203
Siviq Scores

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

Liabilities / Assets

74th percentile

0.09x

Higher debt load relative to assets than 74% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

64th percentile

9.8%

Faster asset growth than 64% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$240,362

Up $21,475 (+9.8%) from 2011

Net Assets

Up

$218,900

Up $17,022 (+8.4%) from 2011

Liabilities

Up

$21,462

Up $4,453 (+26%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$445,104

Up $10,470 (+2.4%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $218,887Liabilities 2011: $17,009Net Assets 2011: $201,8782011Assets 2012: $240,362Liabilities 2012: $21,462Net Assets 2012: $218,9002012Assets 2013: $228,609Liabilities 2013: $22,686Net Assets 2013: $205,9232013Assets 2014: $342,240Liabilities 2014: $21,970Net Assets 2014: $320,2702014Assets 2015: $442,630Liabilities 2015: $26,819Net Assets 2015: $415,8112015Assets 2016: $383,864Liabilities 2016: $54,251Net Assets 2016: $329,6132016Assets 2017: $214,457Liabilities 2017: $130,718Net Assets 2017: $83,7392017

Highlighted filing

2012

Assets$240,362
Liabilities$21,462
Net Assets$218,900

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $431,803Expenses 2011: $434,634Net Income 2011: -$2,8312011Expenses 2012: $445,1042012Revenue 2013: $457,153Expenses 2013: $470,130Net Income 2013: -$12,9772013Revenue 2014: $578,786Expenses 2014: $464,439Net Income 2014: $114,3472014Revenue 2015: $692,268Expenses 2015: $596,727Net Income 2015: $95,5412015Revenue 2016: $603,158Expenses 2016: $689,356Net Income 2016: -$86,1982016Revenue 2017: $519,652Expenses 2017: $765,526Net Income 2017: -$245,8742017

Highlighted filing

2012

Revenue-
Expenses$445,104
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 8, 2013
Return Version
2011v1.5
Gross Receipts
$472,628
Mission and Program Overview

Mission

The reading connection is dedicated to improving the lives of at-risk children and families by helping them create and sustain literacy-rich environments and motivation for reading.

Filing and Contact Details

Filer

EIN
54-1628863
Raw XML AppendixShowing 400 of 538 raw XML fields

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IRS990/Description0IN FY2012, THE READING CONNECTION REACHED OVER 1,577 CHILDREN AND DISTRIBUTED 11,504 NEW BOOKS (A 17% INCREASE FROM THE PREVIOUS YEAR) THROUGHOUT THE WASHINGTON, DC AREA. THE READING CONNECTION'S PARTNERS REPRESENT A MIX OF HOMELESS SHELTERS, TRANSITIONAL HOUSING CENTERS, DOMESTIC VIOLENCE SAFE HOUSES, AND FAMILY SERVICE PROVIDERS.ADDITIONAL ACCOMPLISHMENTS INCLUDE:- RECRUITED AND TRAINED 60 NEW VOLUNTEERS- LAUNCHED THE TRC TRAINING HUB, A BLOG DESIGNED TO PROVIDE ONLINE VOLUNTEER TRAINING- 73% OF PARENTS REPORTED THAT THEIR CHILDREN ARE MORE INTERESTED IN READING AS A RESULT OF TRC'S REAL-ALOUD PROGRAM- LAUNCHED THE ARLINGTON KIDS READ INITIATIVE TO PROMOTE READING FOR ALL ARLINGTON FAMILIES AND RAISE FUNDS FOR TRC'S PROGRAMS- RECEIVED THE COMMUNITY PARTNER AWARD FOR OUR WORK AT ARTEMIS HOUSE
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