Civic Intelligence

Childrens Reading Connection

990EZ • Fiscal year 2021 • EIN 81-5123462

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 30, 2022

314 East State StreetIthaca, NY 14850

(607) 227-3360

Siviq Scores

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

Liabilities / Assets

89th percentile

0.36x

Higher debt load relative to assets than 89% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Source year 2021

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Source year 2021

Net Margin

28th percentile

-14%

Higher net margin than 28% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Source year 2021

Top Officer Pay

92nd percentile

$26,923

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 31.0% of source-year revenue.

2021 filings • NTEE B • <$500k nonprofits • Source year 2021

Asset Growth

3rd percentile

-73%

Faster asset growth than 3% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

69th percentile

27%

Faster revenue growth than 69% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$4,874

Down $13,308 (-73%) from 2020

Net Assets

Down

$3,116

Down $11,868 (-79%) from 2020

Liabilities

Down

$1,758

Down $1,440 (-45%) from 2020

Revenue

Up

$86,983

Up $18,422 (+27%) from 2020

Expenses

Up

$98,948

Up $34,778 (+54%) from 2020

Net Income

Down

-$11,965

Down $16,356 (-372%) from 2020

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2017: $17,976Liabilities 2017: $0Net Assets 2017: $17,9762017Assets 2019: $10,593Liabilities 2019: $0Net Assets 2019: $10,5932019Assets 2020: $18,182Liabilities 2020: $3,198Net Assets 2020: $14,9842020Assets 2021: $4,874Liabilities 2021: $1,758Net Assets 2021: $3,1162021Assets 2022: $4,866Liabilities 2022: $1,091Net Assets 2022: $3,7752022Assets 2023: $16,447Liabilities 2023: $86Net Assets 2023: $16,3612023

Highlighted filing

2021

Assets$4,874
Liabilities$1,758
Net Assets$3,116

Operations Trend

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

$100K$50K$0-$50KRevenue 2017: $96,115Expenses 2017: $78,139Net Income 2017: $17,9762017Revenue 2019: $77,707Expenses 2019: $81,565Net Income 2019: -$3,8582019Revenue 2020: $68,561Expenses 2020: $64,170Net Income 2020: $4,3912020Revenue 2021: $86,983Expenses 2021: $98,948Net Income 2021: -$11,9652021Revenue 2022: $52,868Expenses 2022: $52,209Net Income 2022: $6592022Revenue 2023: $57,563Expenses 2023: $44,977Net Income 2023: $12,5862023

Highlighted filing

2021

Revenue$86,983
Expenses$98,948
Net Income-$11,965
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 30, 2022
Return Version
2021v4.1
Gross Receipts
$86,983
Mission and Program Overview

Mission

To engage communities in Literacy activities

To inspire, create, and promote efforts that build a culture of family and community literacy.

Program Services

DescriptionGrantsExpenses
Sing Me a Story:Read and Sing 6 story/songs in live performance for Pre-K classrooms.The recordings are available to all. Pre-K children receive their own set of the 6 booksSchools, libraries, families; more then 1,000 children served.$0$12,495
ABC's of Black History: This book is the centerpiece of a community/school read initiativedesigned to shine light on Black History for everyone to understand. Books provided tochildren, teachers, libraries. Featured in the community on large vinyl pages "Stories in the Street"$0$9,505
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brigid HubbermanPresident & CEOFT$26,923-$26,923
Mack TravisChairperson-$0--
John AlexanderTreasurer-$0--
Paula PeterSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Children's Reading Connection
EIN
81-5123462
Phone
6072273360
Address
314 East State Street, Ithaca, NY 14850

Signing Officer

Name
Brigid Hubberman
Title
Executive Director
Phone
6072273360
Signed
2022-04-30
Discuss with paid preparer
Yes

Preparer

Firm
Kmt Books
Address
2085 DRYDEN RD A, FREEVILLE, NY 13068
Preparer
Kathleen M Torello
Phone
6072801472
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Office Supplies, Computer & Internet 1653.

Form 990EZ, Part I, Line 16

Advertising 410.

Form 990EZ, Part I, Line 16

Dues & Subscriptions 280.

Form 990EZ, Part I, Line 16

Meeting Expense & Hospitality 1116.

Form 990EZ, Part I, Line 16

Travel 113.

Form 990EZ, Part I, Line 16

Bank Fees 159.

Form 990EZ, Part I, Line 16

Taxes & Licenses 2609.

Form 990EZ, Part I, Line 16

Insurance 970.

Form 990EZ, Part I, Line 16

Bad Debt Write-Off 5000.

Form 990EZ, Part I, Line 16

Books 42963.

Form 990EZ, Part II, Line 24

Pledges and Accounts Receivable 5000. 0.

Raw XML Appendix200 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/PrimaryExemptPurposeTxt0To inspire, create, and promote efforts that build a culture of family and community literacy.
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IRS990EZ/ProgramServiceRevenueAmt0565
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Book Sales 2018: 24573. 2019: 0. 2020: 0. 2021: 0. Description: Consulting 2018: 1600. 2019: 0. 2020: 0. 2021: 0.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Supplies, Computer & Internet 1653.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising 410.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Dues & Subscriptions 280.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Meeting Expense & Hospitality 1116.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Travel 113.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Fees 159.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Taxes & Licenses 2609.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Insurance 970.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Bad Debt Write-Off 5000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Books 42963.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Pledges and Accounts Receivable 5000. 0.
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
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Brigid Hubberman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06072273360
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Children's Reading Connection
ReturnHeader/Filer/BusinessNameControlTxt0CHIL
ReturnHeader/Filer/EIN0815123462
ReturnHeader/Filer/PhoneNum06072273360
ReturnHeader/Filer/USAddress/AddressLine1Txt0314 East State Street
ReturnHeader/Filer/USAddress/CityNm0Ithaca
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ReturnHeader/Filer/USAddress/ZIPCd014850
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FREEVILLE
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ReturnHeader/PreparerPersonGrp/PhoneNum06072801472
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kathleen M Torello
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-15T15:46:32-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Brigid
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Hubberman
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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