Civic Intelligence

Project Read Inc.

990EZ • Fiscal year 2023 • EIN 81-2408822

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 26, 2024

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

36th percentile

-3.2%

Higher net margin than 36% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

43rd percentile

-2.2%

Faster asset growth than 43% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

29th percentile

-14%

Faster revenue growth than 29% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$86,049

Down $1,940 (-2.2%) from 2022

Net Assets

Down

$86,049

Down $1,940 (-2.2%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$61,558

Down $10,170 (-14%) from 2022

Expenses

Up

$63,498

Up $12,848 (+25%) from 2022

Net Income

Down

-$1,940

Down $23,018 (-109%) from 2022

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

2023

Assets$86,049
Liabilities$0
Net Assets$86,049

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

2023

Revenue$61,558
Expenses$63,498
Net Income-$1,940
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 26, 2024
Return Version
2022v5.0
Gross Receipts
$61,558
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$63,498
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TOM FARNBACHERPresident-$0--
TYLER CARVERTreasuer-$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
2024-04-26
Discuss with paid preparer
Yes

Preparer

Firm
Brixey & Meyer Inc
Address
2991 NEWMARK DRIVE, MIAMISBURG, OH 45342
Preparer
Victoria L Koeper
Phone
9372914110
Supplemental Narrative

Additional Explanations

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

Description: dues & subscriptions. Amount: 485. Description: housing stipend. Amount: 2,400. Description: insurance. Amount: 2,554. Description: meals. Amount: 376. Description: office expenses. Amount: 1,842. Description: operations - other. Amount: 112. Description: supplies. Amount: 3,243. Description: vehicle expense. Amount: 2,200. Description: accounting fees. Amount: 885. Description: outside contract services. Amount: 5,500. Total to form 990-ez, line 16: 19,597.

Raw XML Appendix145 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/BOYAmt087989
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt086049
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt03037
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-1940
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt087989
IRS990EZ/Form990TotalAssetsGrp/EOYAmt086049
IRS990EZ/GrossReceiptsAmt061558
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt087989
IRS990EZ/NetAssetsOrFundBalancesEOYAmt086049
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt087989
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt086049
IRS990EZ/OccupancyRentUtltsAndMaintAmt037515
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt240.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TOM FARNBACHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TYLER CARVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2OLLEN LANDRUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASUER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VP OPERATIONS
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt019597
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/ProgramServiceRevenueAmt058521
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/ProgramServiceExpensesAmt063498
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt06386
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/TotalExpensesAmt063498
IRS990EZ/TotalProgramServiceExpensesAmt063498
IRS990EZ/TotalRevenueAmt061558
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0PROJECT-READ.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03037
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt017444
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt048407
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt068888
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt058521
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt054284
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt037853
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0150658
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0219546
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt061558
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt071728
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt086260
IRS990ScheduleA/Total509Grp/TotalAmt0219546
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt061558
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt071728
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt086260
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0219546
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 485. DESCRIPTION: HOUSING STIPEND. AMOUNT: 2,400. DESCRIPTION: INSURANCE. AMOUNT: 2,554. DESCRIPTION: MEALS. AMOUNT: 376. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,842. DESCRIPTION: OPERATIONS - OTHER. AMOUNT: 112. DESCRIPTION: SUPPLIES. AMOUNT: 3,243. DESCRIPTION: VEHICLE EXPENSE. AMOUNT: 2,200. DESCRIPTION: ACCOUNTING FEES. AMOUNT: 885. DESCRIPTION: OUTSIDE CONTRACT SERVICES. AMOUNT: 5,500. TOTAL TO FORM 990-EZ, LINE 16: 19,597.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TYLER CARVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09379498159
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-26
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/IRSResponsiblePrtyInfoCurrInd00
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/PreparationDt02024-04-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VICTORIA L KOEPER
ReturnHeader/ReturnTs02024-04-26T13:36:26-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TYLER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CARVER
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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Filings