Civic Intelligence

Need to Read Inc.

990EZ • Fiscal year 2019 • EIN 61-1889828

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 10, 2020

Organization Profilewww.feedtheneedtoread.com
8053 Gilliam RoadApopka, FL 32703

(407) 325-1251

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

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

Liabilities / Revenue

57th percentile

0.00x

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

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

Net Margin

90th percentile

44%

Higher net margin than 90% 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

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

$60,761

No earlier filing loaded for comparison.

Net Assets

$60,761

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin90th percentile

Revenue

$63,161

No earlier filing loaded for comparison.

Expenses

$35,537

No earlier filing loaded for comparison.

Net Income

$27,624

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.

$200K$150K$100K$50K$0Assets 2019: $60,761Liabilities 2019: $0Net Assets 2019: $60,7612019Assets 2020: $159,480Liabilities 2020: $0Net Assets 2020: $159,4802020Assets 2021: $161,765Liabilities 2021: $0Net Assets 2021: $161,7652021Assets 2022: $78,772Liabilities 2022: $0Net Assets 2022: $78,7722022Assets 2023: $79,610Liabilities 2023: $0Net Assets 2023: $79,6112023Assets 2024: $50,769Net Assets 2024: $50,7692024

Highlighted filing

2019

Assets$60,761
Liabilities$0
Net Assets$60,761
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2019: $63,161Expenses 2019: $35,537Net Income 2019: $27,6242019Revenue 2020: $111,075Expenses 2020: $12,356Net Income 2020: $98,7192020Revenue 2021: $45,000Expenses 2021: $42,715Net Income 2021: $2,2852021Revenue 2022: $82,696Expenses 2022: $130,634Net Income 2022: -$47,9382022Revenue 2023: $36,600Expenses 2023: $35,762Net Income 2023: $8382023Revenue 2024: $75,594Expenses 2024: $104,436Net Income 2024: -$28,8422024

Highlighted filing

2019

Revenue$63,161
Expenses$35,537
Net Income$27,624
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 10, 2020
Return Version
2019v5.1
Gross Receipts
$63,161
Mission and Program Overview

Mission

To help children age infant to five years old enhance pre-reading and literacy skills while combating childhood low literacy. Our organization provides families with resources that are lacking in their communities to foster literacy.

Program Services

DescriptionGrantsExpenses
N2Rs pilot program has laid the foundation for establishing a community wide, and eventually a nationwide, pre-reading program to combat low literacy among small children$0$35,537
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Roderick ZakChairman & CEO-$0--
Simon T BaileyBoard Member-$0--
Cecil HollarBoard Member-$0--
LeRoy Pernell JDBoard Member-$0--
Jim LewisBoard Member-$0--
Leroy L Long III PhDBoard Member-$0--
Falecia Williams EdDBoard Member-$0--
Ettienne ZakBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Need to Read Inc
EIN
61-1889828
Phone
4073251251
Address
8053 GILLIAM ROAD, APOPKA, FL 32703

Signing Officer

Name
Roderick Zak
Title
CEO
Phone
4073251251
Signed
2020-04-10

Preparer

Firm
Donaldson CPA
Address
5401 S Kirkman Rd, Orlando, FL 32819
Preparer
Cedric Donaldson
Phone
4077206151
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Supplies 2915.”

Form 990EZ, Part I, Line 16

“Conference and Meetings 590.”

Form 990EZ, Part I, Line 16

“Advertisement 530.”

Form 990EZ, Part I, Line 16

“Information technology 624.”

Form 990EZ, Part I, Line 16

“Book Donation 26808.”

Raw XML Appendix186 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/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Roderick Zak
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Simon T Bailey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Cecil Hollar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LeRoy Pernell JD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jim Lewis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Leroy L Long III PhD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Falecia Williams EdD
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt030886
IRS990EZ/OtherExpensesTotalAmt031467
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/PrintingPublicationsPostageAmt0550
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleA/CommunityTrustInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Supplies 2915.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conference and Meetings 590.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Advertisement 530.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Information technology 624.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Book Donation 26808.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Roderick Zak
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04073251251
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEED TO READ INC
ReturnHeader/Filer/BusinessNameControlTxt0NEED
ReturnHeader/Filer/EIN0611889828
ReturnHeader/Filer/PhoneNum04073251251
ReturnHeader/Filer/USAddress/AddressLine1Txt08053 GILLIAM ROAD
ReturnHeader/Filer/USAddress/CityNm0APOPKA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032703
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.169.130.133
ReturnHeader/FilingSecurityInformation/IPDt02020-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm006:10:07
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Donaldson CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05401 S Kirkman Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Orlando
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032819
ReturnHeader/PreparerPersonGrp/PhoneNum04077206151
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cedric Donaldson
ReturnHeader/ReturnTs02020-05-15T06:10:14-07:00
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
$60,761
Liabilities
$0
Net assets
$60,761
Revenue
$63,161
Expenses
$35,537
Net income
$27,624
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.51$0.51$0.76$1.04$0.29
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.37$0.36$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.83$1.31$0.48
2021Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.45$0.43$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$1.11$0.12$0.99
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.63$0.36$0.28