Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Need to Read Inc.
990EZ • Fiscal year 2022 • EIN 61-1889828
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
9th percentile
Faster asset growth than 9% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Balance Sheet
Assets
Down$78,772
Down $82,993 (-51%) from 2021
Net Assets
Down$78,772
Down $82,993 (-51%) from 2021
Liabilities
Flat$0
Flat from 2021
Revenue And Expenses
Revenue
Up$82,696
Up $37,696 (+84%) from 2021
Expenses
Up$130,634
Up $87,919 (+206%) from 2021
Net Income
Down-$47,938
Down $50,223 (-2198%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 16, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $82,696
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.
Need To Read Inc N2R is a non-profit organization whose primary tax-exempt purpose is to promote literacy among children mainly targeting infants to 5-year-olds The organization recognizes the crucial role of reading in early childhood development emphasizing that 90 of a childs core brain structure is developed by the age of five To foster a love for reading and enhance literacy skills N2R provides parents guardians and educators with books and resources that aid in the childs reading development Additionally we host engaging community events that distribute books and offer parent training sessions transforming them into exciting game show-type experiences N2R also maintains a focus on reaching communities in need distributing mini libraries filled with carefully selected books Through these initiatives powered by grants and a network of dedicated volunteers N2R is transforming the literacy landscape one page at a time
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 0 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Roderick Zak | Volunteer Ceopresident | - | $0 | - | - |
| Cecil Hollar | Board Member Secretary | - | $0 | - | - |
| Leroy Pernell | Board Member | - | $0 | - | - |
| Ashley Kimble | Board Member | - | $0 | - | - |
| Simmon T Bailey | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Need to Read Inc
- EIN
- 61-1889828
- Phone
- 4073251251
- Address
- 8053 GILLIAM RD, APOPKA, FL 32703
Signing Officer
- Name
- Roderick Zak
- Title
- 0
- Phone
- 4073251251
- Signed
- 2023-11-16
Supplemental Narrative
Additional Explanations
Schedule O:
“OTHER EXPENSES Charitable Contribution 1,000 Information Technology 3,757 Insurance 110 Maintenance Expense 70 Professional Fees 18,218 Supplies 1,017 TOTAL Other Expenses 27,764 Other Assets 11,785 Book Inventory”
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OTHER EXPENSES Charitable Contribution 1,000 Information Technology 3,757 Insurance 110 Maintenance Expense 70 Professional Fees 18,218 Supplies 1,017 TOTAL Other Expenses 27,764 Other Assets 11,785 Book Inventory |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule O: |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Roderick Zak |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | 0 |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEED TO READ INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEED |
| ReturnHeader/Filer/EIN | 0 | 611889828 |
| ReturnHeader/Filer/PhoneNum | 0 | 4073251251 |
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| ReturnHeader/ReturnTs | 0 | 2023-11-16T18:00:08Z |
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| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Zak |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $78,772
- Liabilities
- $0
- Net assets
- $78,772
- Revenue
- $82,696
- Expenses
- $130,634
- Net income
- -$47,938