Civic Intelligence

Project Read Inc.

990EZ • Fiscal year 2022 • EIN 81-2408822

Jul 01, 2021 to Jun 30, 2022 • Filed on May 12, 2023

661 Lyons RoadDayton, OH 45459

(937) 949-8159

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

79th percentile

29%

Higher net margin than 79% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

78th percentile

32%

Faster asset growth than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$87,989

Up $21,078 (+32%) from 2021

Net Assets

Up

$87,989

Up $21,078 (+32%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$71,728

Down $14,532 (-17%) from 2021

Expenses

Up

$50,650

Up $13,463 (+36%) from 2021

Net Income

Down

$21,078

Down $27,995 (-57%) from 2021

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2021: $66,911Liabilities 2021: $0Net Assets 2021: $66,9112021Assets 2022: $87,989Liabilities 2022: $0Net Assets 2022: $87,9892022Assets 2023: $86,049Liabilities 2023: $0Net Assets 2023: $86,0492023Assets 2024: $62,986Liabilities 2024: $0Net Assets 2024: $62,9862024

Highlighted filing

2022

Assets$87,989
Liabilities$0
Net Assets$87,989

Operations Trend

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

$100K$50K$0-$50KRevenue 2021: $86,260Expenses 2021: $37,187Net Income 2021: $49,0732021Revenue 2022: $71,728Expenses 2022: $50,650Net Income 2022: $21,0782022Revenue 2023: $61,558Expenses 2023: $63,498Net Income 2023: -$1,9402023Revenue 2024: $36,753Expenses 2024: $59,816Net Income 2024: -$23,0632024

Highlighted filing

2022

Revenue$71,728
Expenses$50,650
Net Income$21,078
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.2
Gross Receipts
$71,728
Mission and Program Overview

Mission

Project read is the literacy coalition serving the dayton, ohio, area. Project read builds skilled workers, strong families, and healthy communities through lifelong literacy.

Program Services

DescriptionGrantsExpenses
PROJECT READ HAS BEEN ACTIVELY WORKING TO HELP IMPROVE LITERACY IN THE METRO DAYTON AREA FOR OVER 30 YEARS.$0$50,650
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TOM FARNBACHERPresident-$0--
TYLER CARVERTreasuer-$0--
BRYAN ASHENBAUMMarketing & Strategic Plan-$0--
OLLEN LANDRUMVP OperationsFT$0--
Filing and Contact Details

Filer

Filer Name
Project Read Inc
EIN
81-2408822
Phone
9379498159
Address
661 LYONS ROAD, DAYTON, OH 45459

Signing Officer

Name
Tyler Carver
Title
Treasurer
Phone
9379498159
Signed
2023-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Brixey & Meyer Inc
Address
2991 NEWMARK DRIVE, MIAMISBURG, OH 45342
Preparer
Matthew T Dickert
Phone
9372914110
Supplemental Narrative

Additional Explanations

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

Description: office expenses. Amount: 1,204. Description: registration fees. Amount: 25. Description: housing stipend. Amount: 1,600. Description: meals. Amount: 680. Description: supplies. Amount: 5,642. Description: vehicle expense. Amount: 1,891. Description: operations - other. Amount: 72. Description: insurance. Amount: 2,285. Description: travel. Amount: 500. Description: bank fees. Amount: 65. Description: dues & subscriptions. Amount: 307. Total to form 990-ez, line 16: 14,271.

Raw XML Appendix146 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/PersonNm0TYLER CARVER
IRS990EZ/BooksInCareOfDetail/PhoneNum09379498159
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0661 LYONS ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DAYTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd045459
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt066911
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt087989
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt017444
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt021078
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt066911
IRS990EZ/Form990TotalAssetsGrp/EOYAmt087989
IRS990EZ/GrossReceiptsAmt071728
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt066911
IRS990EZ/NetAssetsOrFundBalancesEOYAmt087989
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt066911
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt087989
IRS990EZ/OccupancyRentUtltsAndMaintAmt033544
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt340.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TOM FARNBACHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TYLER CARVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRYAN ASHENBAUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3OLLEN LANDRUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASUER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MARKETING & STRATEGIC PLAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VP OPERATIONS
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt014271
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROJECT READ IS THE LITERACY COALITION SERVING THE DAYTON, OHIO, AREA. PROJECT READ BUILDS SKILLED WORKERS, STRONG FAMILIES, AND HEALTHY COMMUNITIES THROUGH LIFELONG LITERACY.
IRS990EZ/ProgramServiceRevenueAmt054284
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROJECT READ HAS BEEN ACTIVELY WORKING TO HELP IMPROVE LITERACY IN THE METRO DAYTON AREA FOR OVER 30 YEARS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt050650
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt02835
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OH
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt050650
IRS990EZ/TotalProgramServiceExpensesAmt050650
IRS990EZ/TotalRevenueAmt071728
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0PROJECT-READ.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt017444
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt048407
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt065851
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt054284
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt037853
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt092137
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0157988
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt071728
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt086260
IRS990ScheduleA/Total509Grp/TotalAmt0157988
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt071728
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt086260
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0157988
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,204. DESCRIPTION: REGISTRATION FEES. AMOUNT: 25. DESCRIPTION: HOUSING STIPEND. AMOUNT: 1,600. DESCRIPTION: MEALS. AMOUNT: 680. DESCRIPTION: SUPPLIES. AMOUNT: 5,642. DESCRIPTION: VEHICLE EXPENSE. AMOUNT: 1,891. DESCRIPTION: OPERATIONS - OTHER. AMOUNT: 72. DESCRIPTION: INSURANCE. AMOUNT: 2,285. DESCRIPTION: TRAVEL. AMOUNT: 500. DESCRIPTION: BANK FEES. AMOUNT: 65. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 307. TOTAL TO FORM 990-EZ, LINE 16: 14,271.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TYLER CARVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09379498159
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROJECT READ INC
ReturnHeader/Filer/BusinessNameControlTxt0PROJ
ReturnHeader/Filer/EIN0812408822
ReturnHeader/Filer/PhoneNum09379498159
ReturnHeader/Filer/USAddress/AddressLine1Txt0661 LYONS ROAD
ReturnHeader/Filer/USAddress/CityNm0DAYTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045459
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0300132514
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRIXEY & MEYER INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02991 NEWMARK DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMISBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045342
ReturnHeader/PreparerPersonGrp/PhoneNum09372914110
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW T DICKERT
ReturnHeader/ReturnTs02023-05-15T08:50:27-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TYLER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CARVER
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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Filings