Civic Intelligence

Reading and Beyond

990 • Fiscal year 2022 • EIN 77-0508471

Jul 01, 2021 to Jun 30, 2022 • Filed on May 11, 2023

Refreshing map…

4670 E Butler AvenueFresno, CA 93702

(559) 342-8600

Siviq Scores

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

Liabilities / Assets

70th percentile

0.32x

Higher debt load relative to assets than 70% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

64th percentile

0.30x

Higher debt load relative to revenue than 64% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

38th percentile

1.7%

Higher net margin than 38% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

80th percentile

$219,984

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

35th percentile

-3.4%

Faster asset growth than 35% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

81st percentile

39%

Faster revenue growth than 81% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$6,979,986

Down $248,765 (-3.4%) from 2021

Net Assets

Up

$4,743,057

Up $465,072 (+11%) from 2021

Liabilities

Down

$2,236,929

Down $713,837 (-24%) from 2021

Revenue

Up

$7,514,000

Up $2,100,301 (+39%) from 2021

Expenses

Up

$7,389,473

Up $1,926,607 (+35%) from 2021

Net Income

Up

$124,527

Up $173,694 (+353%) from 2021

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $3,563,125Liabilities 2012: $428,468Net Assets 2012: $3,134,6572012Assets 2013: $3,932,612Liabilities 2013: $603,294Net Assets 2013: $3,329,3182013Assets 2014: $4,123,411Liabilities 2014: $688,073Net Assets 2014: $3,435,3382014Assets 2015: $4,227,568Liabilities 2015: $748,298Net Assets 2015: $3,479,2702015Assets 2016: $5,042,202Liabilities 2016: $1,049,510Net Assets 2016: $3,992,6922016Assets 2017: $5,693,572Liabilities 2017: $1,216,915Net Assets 2017: $4,476,6572017Assets 2018: $5,411,273Liabilities 2018: $1,067,886Net Assets 2018: $4,343,3872018Assets 2019: $5,382,659Liabilities 2019: $1,099,121Net Assets 2019: $4,283,5382019Assets 2020: $6,487,179Liabilities 2020: $2,114,312Net Assets 2020: $4,372,8672020Assets 2021: $7,228,751Liabilities 2021: $2,950,766Net Assets 2021: $4,277,9852021Assets 2022: $6,979,986Liabilities 2022: $2,236,929Net Assets 2022: $4,743,0572022Assets 2023: $7,329,586Liabilities 2023: $1,841,192Net Assets 2023: $5,488,3942023

Highlighted filing

2022

Assets$6,979,986
Liabilities$2,236,929
Net Assets$4,743,057

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $2,873,982Expenses 2012: $2,765,403Net Income 2012: $108,5792012Revenue 2013: $3,139,814Expenses 2013: $2,959,260Net Income 2013: $180,5542013Revenue 2014: $3,135,526Expenses 2014: $3,093,945Net Income 2014: $41,5812014Revenue 2015: $3,200,170Expenses 2015: $3,117,573Net Income 2015: $82,5972015Revenue 2016: $4,746,994Expenses 2016: $4,234,515Net Income 2016: $512,4792016Revenue 2017: $6,130,853Expenses 2017: $5,610,287Net Income 2017: $520,5662017Revenue 2018: $6,776,072Expenses 2018: $7,078,401Net Income 2018: -$302,3292018Revenue 2019: $5,002,752Expenses 2019: $5,138,845Net Income 2019: -$136,0932019Revenue 2020: $4,084,967Expenses 2020: $3,926,076Net Income 2020: $158,8912020Revenue 2021: $5,413,699Expenses 2021: $5,462,866Net Income 2021: -$49,1672021Revenue 2022: $7,514,000Expenses 2022: $7,389,473Net Income 2022: $124,5272022Revenue 2023: $6,171,904Expenses 2023: $5,575,049Net Income 2023: $596,8552023

Highlighted filing

2022

Revenue$7,514,000
Expenses$7,389,473
Net Income$124,527
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 11, 2023
Return Version
2021v4.2
Gross Receipts
$7,514,000
Mission and Program Overview

Mission

The mission of reading and beyond is to empower children and families to achieve productive, self-reliant lives. We offer a two-generation program that works with children and parents together to build education, economic assets, social capital, and health and wellbeing to create economic security that passes from one generation to the next.

To empower children and families to achieve productive, self-reliant lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,276,634$3,754,252▼ $522,382
Investments in Publicly Traded Securities$1,483,261$1,035,011▼ $448,250
Cash and Non-Interest-Bearing Accounts$282,558$850,534▲ $567,976
Land, Buildings, and Equipment, Net$709,209$679,568▼ $29,641
Pledges and Grants Receivable$205,232$545,205▲ $339,973
Prepaid Expenses and Deferred Charges$91,061$83,772▼ $7,289
Accounts Receivable$4,229$4,644▲ $415
Total Assets$7,228,751$6,979,986▼ $248,765
Other Assets Total$176,567$27,000▼ $149,567
Liabilities
Deferred Revenue$2,414,131$1,525,502▼ $888,629
Accounts Payable and Accrued Expenses$393,216$568,143▲ $174,927
Other Liabilities$143,419$143,284▼ $135
Total Liabilities$2,950,766$2,236,929▼ $713,837
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,187,975$4,114,300▼ $73,675
Net Assets With Donor Restrictions$90,010$628,757▲ $538,747
Total Net Assets Fund Balance$4,277,985$4,743,057▲ $465,072
Total Liabilities and Net Assets / Fund Balance$7,228,751$6,979,986▼ $248,765

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$411,078$63,374$474,452
Leasehold Improvements$116,798$234,449$351,247
Land$150,000-$150,000
Equipment$1,692$134,845$136,537
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Luis SantanaExecutive DirectorFT$148,292$71,692$219,984

Highest Paid Contractors

ContractorServicesLocationCompensation
Boulder Springs Apartmetns LLCProgram Rental Services3515 W SAN JOSE AVE, Fresno, CA 93711$102,784
Revenue and Support

Revenue Composition

Contributions and Grants
$7,454,333
Program Service Revenue
$0
Investment Income
$59,667
Other Revenue
$0
All Other Contributions
$1,261,015
Change in Net Assets
$124,527

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,514,000
Revenue Not Reported on Form 990
$-65,788
Total Revenue per Audited Statements
$7,448,212
Total Revenue per Form 990
$7,514,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,835,363
Salaries, Compensation, and Employee Benefits$3,088,684
Other Expenses$465,426
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$3,835,363--$3,835,363
Other Salaries and Wages$2,035,371$326,369-$2,361,740
Other Employee Benefits$225,252$53,179-$278,431
Payroll Taxes$186,175$31,581-$217,756
Current Officers, Directors, Trustees, and Key Employees$38,577$136,031-$174,608
Office Expenses$93,206$76,234-$169,440
Occupancy$65,259$10,321-$75,580
Pension Plan Contributions$46,813$9,336-$56,149
Other Expenses$42,879--$42,879
Fees for Services Other$32,300$2,371-$34,671
Depreciation Depletion$19,815$9,824-$29,639
Insurance$7,398$17,650-$25,048
Fees for Services Accounting-$20,000-$20,000
Travel$14,197$1,394-$15,591
Fees for Services Legal-$7,506-$7,506
Total Functional Expenses$6,687,677$701,796$0$7,389,473

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,589,723
Expenses per Audited Statements$7,389,473
Total Expenses per Form 990$7,389,473
Expenses Not Reported on Form 990$200,250
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$143,284
California Department of Education Reserve Account-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organizations controller and executive director review the 990, then it is provided to the board of directors 990 before it is filed.

Form 990, Part VI, Section B, Line 12C

The purposes of the conflict of interest policy is to protect the interest of reading and beyond the organization when it is contemplating entering into a transaction arrangement that might benefit the private interest of a board member of the organization, or an officer or member of a committee with board-delegated powers, that might result in a possible excess benefit transaction. All individuals mentioned above are required to annually submit a conflict of interest disclosure statement. If an individual is deemed to have a conflict of interest regarding a transaction they are prohibited from participating in the governing bodys deliberations and decisions regarding that transaction.

Form 990, Part VI, Section B, Line 15A

The executive committee without the executive director, reviews the work of the executive director, compares current compensation to other individuals at similar size organizations with similar responsibilities, documents the process for determining the appropriate compensation level and then makes a recommendation to the board of directors. The board of directors then votes on the recommendation.

Form 990, Part VI, Section C, Line 19

The organizations governing documents, conflict of interest policy, financial statements and other documents are made available to the public through inspection at the organizations administrative office. The organization will notify the person inquiring that they may schedule an appointment to review the documents. Staff will be available to answer any questions at that time. In addition the organizations annual report is made available on the organizations website.

Form 990, Part VI, Section B, Line 15B

This is checked no since there are no individuals to which this applies.

Filing and Contact Details

Filer

Filer Name
Reading and Beyond
EIN
77-0508471
Phone
5593428600
Address
4670 E BUTLER AVENUE, FRESNO, CA 93702

Signing Officer

Name
Sandra R Flores
Title
CEO
Phone
5593428600
Signed
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandra R Flores
Formed
1999
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
103
Volunteers
28

Preparer

Firm
Lewis Sharpstone & Co
Address
5850 CANOGA AVE SUITE 400, WOODLAND HILLS, CA 91367
Preparer
Lewis Sharpstone
Phone
8185701960
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 698,239, Grants and allocations 109,647, Revenue 0 BRIDGE ACADEMY IS A MODEL BASED ON FIVE CORE IDEAS 1 DUAL GENERATION THEORY OF CHANGE 2 BUILD ON WHAT ALREADY EXISTS 3 EASE OF SERVICE ACCESS 4 AN A-B-C APPROACH TO SELF RELIANCE AND 5 CAREER AND FAMILY NAVIGATORS. THE GOAL IS TO PROMOTE MEANINGFUL GROWTH FOR FRESNO COUNTY, MADERA COUNTY, AND KINGS COUNTYS POOREST NEIGHBORHOODS IN THE AREAS OF EDUCATION, JOB SKILLS AND EXPERIENCE. IN 2022, READING AND BEYOND SERVED 195 CLIENTS.

Form 990, Part III, Line 4D

Program Service Expenses 286,957, Grants and allocations 50,319, Revenue 0 OTHER LITERACY AND TRAINING PROGRAMS DESIGNED TO EMPOWER CHILDREN AND FAMILIES TO ACHIEVE PRODUCTIVE, SELF-RELIANT LIVES.

Form 990, Part XI, Line 8

During the course of the 2022 fiscal year audit adjustments were identified that were not reflected in the 2020 form 990. The primary accounting error related to certain restricted gifts that were reflected as liabilities. The aggregate amount of these adjustments was 606,583.

Form 990, Part III, Line 2

The emergency rental assistance program was small in the year ended june 30, 2021 and accordingly wasnt separately listed on the 2020 form 990. It was much expanded in the year ended june 30, 2022.

Financial Statement Notes

X 2

The organization is exempt from federal income tax under section 501c3 of the internal revenue code and section 23701d of the california revenue and taxation code. Since the organization is exempt from federal and state income tax, no provision has been made for current or deferred income tax expense. Under asc 740, income taxes an organization must evaluate its tax positions and provide for a liability for any positions that would not be considered more likely than not to be upheld under a tax authority examination. No such positions have been identified or liabilities recorded as of june 30, 2022. The returns for federal and california, the organizations only state tax jurisdiction, remain subject to examination by the internal revenue service and the california franchise tax board for three and four years after filing, respectively.

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IRS990/MissionDesc0THE MISSION OF READING AND BEYOND IS TO EMPOWER CHILDREN AND FAMILIES TO ACHIEVE PRODUCTIVE, SELF-RELIANT LIVES. WE OFFER A TWO-GENERATION PROGRAM THAT WORKS WITH CHILDREN AND PARENTS TOGETHER TO BUILD EDUCATION, ECONOMIC ASSETS, SOCIAL CAPITAL, AND HEALTH AND WELLBEING TO CREATE ECONOMIC SECURITY THAT PASSES FROM ONE GENERATION TO THE NEXT.
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