Civic Intelligence

Learn to Read Comics Inc.

990EZ • Fiscal year 2019 • EIN 82-1539667

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 31, 2020

Organization Profilewww.learntoreadcomics.com
2190 W 28th StLos Angeles, CA 90018

(415) 786-7349

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

25th percentile

-9.3%

Higher net margin than 25% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

93rd percentile

118%

Faster asset growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

21st percentile

-24%

Faster revenue growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$3,045

Up $1,647 (+118%) from 2018

Net Assets

Up

$3,045

Up $1,647 (+118%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin25th percentile

Revenue

Down

$5,664

Down $1,771 (-24%) from 2018

Expenses

Down

$6,193

Down $117 (-1.9%) from 2018

Net Income

Down

-$529

Down $1,654 (-147%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$30K$20K$10K$0Assets 2018: $1,398Net Assets 2018: $1,3982018Assets 2019: $3,045Net Assets 2019: $3,0452019Assets 2020: $2,192Net Assets 2020: $2,1922020Assets 2021: $6,293Net Assets 2021: $6,2932021Assets 2022: $6,127Net Assets 2022: $6,1272022Assets 2023: $25,367Net Assets 2023: $25,3672023Assets 2024: $22,008Net Assets 2024: $22,0082024

Highlighted filing

2019

Assets$3,045
Liabilities-
Net Assets$3,045
Open 2019 Filing

Operations Trend

Revenue Growth21st percentile

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

$30K$20K$10K$0-$10KRevenue 2018: $7,435Expenses 2018: $6,310Net Income 2018: $1,1252018Revenue 2019: $5,664Expenses 2019: $6,193Net Income 2019: -$5292019Revenue 2020: $7,874Expenses 2020: $8,727Net Income 2020: -$8532020Revenue 2021: $12,629Expenses 2021: $8,528Net Income 2021: $4,1012021Revenue 2022: $2,563Expenses 2022: $2,729Net Income 2022: -$1662022Revenue 2023: $20,649Expenses 2023: $1,409Net Income 2023: $19,2402023Revenue 2024: $200Expenses 2024: $3,559Net Income 2024: -$3,3592024

Highlighted filing

2019

Revenue$5,664
Expenses$6,193
Net Income-$529
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 31, 2020
Return Version
2019v5.1
Gross Receipts
$5,664
Mission and Program Overview

Mission

Provide Comic Books, Dictionaries and Supplies for Students

Program Services

DescriptionGrantsExpenses
Total of 4 local events where learning materials were distibuted to approximately 120 students. Aproximately 300 comic books, 130 penils, sharpeners,130 notebooks, 360 stickers and pencil bags were also distributed.--
One event was held at a local hospital and 300 comic boks,50 notebooks, 75 pencils, 75 pencil sharpeners and 4 dictionaries were distributed.--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
David VerdinerCEO-$0--
Gioconda CoronadoSecretary-$0--
Warren T NicholsonCFO-$0--
Filing and Contact Details

Filer

Filer Name
Learn to Read Comics Inc
EIN
82-1539667
Phone
4157867349
Address
2190 W 28TH ST, LOS ANGELES, CA 90018

Signing Officer

Name
David Verdiner
Title
CEO
Signed
2020-03-31
Discuss with paid preparer
Yes

Preparer

Firm
Taxally International Inc
Address
11282 WASHINGTON BLVD STE 202B, CULVER CITY, CA 90230
Preparer
Joseph Perumbral
Phone
3103131100
Supplemental Narrative

Additional Explanations

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

“Supplies 656”

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

“Marketing 1,257”

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

“Assistant Expenses 680”

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

“Busines Meetings 399”

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

“Artist 89”

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

“Flyers 81”

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

“Webcosts 2,179”

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

“Taxes 10”

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

“Bank Charges 96”

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

“Postage 97”

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

“Upwork 225”

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

“LA Comicom 174”

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

“Tax preparation fees 250”

Form 990-EZ, Part II, Line 24, Other Assets

“Inventory Beginning of year 2,176, End of year 2,580”

Form 990-EZ, Part II, Line 24

“Total cost of all inventory of Comic Books, Notebooks,Dictionaries, Pencils, Coffee mugs, T-shirts etc at the end of 12/31/2019 is 2580.”

Raw XML Appendix163 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0David Verdiner
IRS990EZ/BooksInCareOfDetail/PhoneNum04157867349
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02190 W 28 th St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Los Angeles
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090018
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01398
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0465
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05544
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-529
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03574
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03045
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0120
IRS990EZ/GrossReceiptsAmt05664
IRS990EZ/GrossSalesOfInventoryAmt0120
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03574
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03045
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03574
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03045
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0003.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0David Verdiner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Gioconda Coronado
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Warren T Nicholson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02176
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02580
IRS990EZ/OtherExpensesTotalAmt06193
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide Comic Books, Dictionaries and Supplies for Students
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Total of 4 local events where learning materials were distibuted to approximately 120 students. Aproximately 300 comic books, 130 penils, sharpeners,130 notebooks, 360 stickers and pencil bags were also distributed.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1One event was held at a local hospital and 300 comic boks,50 notebooks, 75 pencils, 75 pencil sharpeners and 4 dictionaries were distributed.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt06193
IRS990EZ/TotalRevenueAmt05664
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.learntoreadcomics.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05544
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07435
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06932
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt019911
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0100
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99500
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99310
IRS990ScheduleA/PublicSupportTotal170Amt019911
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05544
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07435
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06932
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt019911
IRS990ScheduleA/TotalSupportAmt020011
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Supplies 656
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Marketing 1,257
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Assistant Expenses 680
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Busines Meetings 399
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Artist 89
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Flyers 81
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Webcosts 2,179
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Taxes 10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Bank Charges 96
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Postage 97
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Upwork 225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11LA Comicom 174
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Tax preparation fees 250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Inventory Beginning of year 2,176, End of year 2,580
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Total cost of all inventory of Comic Books, Notebooks,Dictionaries, Pencils, Coffee mugs, T-shirts etc at the end of 12/31/2019 is 2580.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part II, Line 24
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID VERDINER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEARN TO READ COMICS INC
ReturnHeader/Filer/BusinessNameControlTxt0LEAR
ReturnHeader/Filer/EIN0821539667
ReturnHeader/Filer/PhoneNum04157867349
ReturnHeader/Filer/USAddress/AddressLine1Txt02190 W 28TH ST
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090018
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04EE3927B485642E8E7CAD5D7262D2B2C1D5DC21B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04EE3927B485642E8E7CAD5D7262D2B2C1D5DC21B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.172.250.187
ReturnHeader/FilingSecurityInformation/IPDt02020-03-31
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm018:10:22
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAXALLY INTERNATIONAL INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011282 WASHINGTON BLVD STE 202B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CULVER CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090230
ReturnHeader/PreparerPersonGrp/PhoneNum03103131100
ReturnHeader/PreparerPersonGrp/PreparationDt02020-03-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH PERUMBRAL
ReturnHeader/ReturnTs02020-03-31T11:11:29-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,045
Liabilities
-
Net assets
$3,045
Revenue
$5,664
Expenses
$6,193
Net income
-$529
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.0$22.0$0.20$3.56$3.36
2023Detailed filing. Detailed filing data is available for this year.$25.4$25.4$20.6$1.41$19.2
2022Detailed filing. Detailed filing data is available for this year.$6.13$6.13$2.56$2.73$0.17
2021Detailed filing. Detailed filing data is available for this year.$6.29$6.29$12.6$8.53$4.10
2020Detailed filing. Detailed filing data is available for this year.$2.19$2.19$7.87$8.73$0.85
2019Detailed filing. Detailed filing data is available for this year.$3.05$3.05$5.66$6.19$0.53
2018Detailed filing. Detailed filing data is available for this year.$1.40$1.40$7.44$6.31$1.13