Civic Intelligence

Learn to Read Comics Inc.

990EZ • Fiscal year 2021 • EIN 82-1539667

Jan 01, 2021 to Dec 31, 2021 • Filed on Jan 29, 2024

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

76th percentile

32%

Higher net margin than 76% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

94th percentile

187%

Faster asset growth than 94% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

60%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$6,293

Up $4,101 (+187%) from 2020

Net Assets

Up

$6,293

Up $4,101 (+187%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin76th percentile

Revenue

Up

$12,629

Up $4,755 (+60%) from 2020

Expenses

Down

$8,528

Down $199 (-2.3%) from 2020

Net Income

Up

$4,101

Up $4,954 (+581%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth94th 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

2021

Assets$6,293
Liabilities-
Net Assets$6,293
Open 2021 Filing

Operations Trend

Revenue Growth78th 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

2021

Revenue$12,629
Expenses$8,528
Net Income$4,101
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jan 29, 2024
Return Version
2021v4.2
Gross Receipts
$12,629
Mission and Program Overview

Mission

Provide Comic Books, Dictionaries and Supplies for Students

Program Services

DescriptionGrantsExpenses
Aproximately 400 comic books, notebooks,and writing materials were distributed to over 200 students.--
One open air event was attended where writing supplies were distributed.--
Compensation and Service Providers
Top Officer Pay77th percentile

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
Pesident
Phone
4157867349
Signed
2024-01-29
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

“Equipment rental and maintenance 612”

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

“Supplies 666”

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

“Boards and Bags 60”

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

“Books and Reading Materials 340”

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

“Storage Center for Donations 4,108”

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

“Marketing 417”

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

“Webcosts 1,343”

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

“Taxes 20”

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

“Bank Charges 16”

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

“Postage and Shipping 220”

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

“Wyze Labs 18”

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

“Misc Other Expenses 458”

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 1,073, End of year 1,073”

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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
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/BOYAmt01119
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05220
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt012629
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04101
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02192
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06293
IRS990EZ/GrossReceiptsAmt012629
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02192
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06293
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02192
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06293
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/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01073
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01073
IRS990EZ/OtherExpensesTotalAmt08528
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide Comic Books, Dictionaries and Supplies for Students
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Aproximately 400 comic books, notebooks,and writing materials were distributed to over 200 students.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1One open air event was attended where writing supplies were distributed.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt08528
IRS990EZ/TotalRevenueAmt012629
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.learntoreadcomics.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05544
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07435
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06932
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt038940
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0100
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99740
IRS990ScheduleA/PublicSupportPY170Pct00.99620
IRS990ScheduleA/PublicSupportTotal170Amt038940
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012629
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05544
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07435
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06932
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt038940
IRS990ScheduleA/TotalSupportAmt039040
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/ExplanationTxt0Equipment rental and maintenance 612
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies 666
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Boards and Bags 60
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Books and Reading Materials 340
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Storage Center for Donations 4,108
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Marketing 417
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Webcosts 1,343
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Taxes 20
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Bank Charges 16
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Postage and Shipping 220
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Wyze Labs 18
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Misc Other Expenses 458
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Tax preparation fees 250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Inventory Beginning of year 1,073, End of year 1,073
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
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID VERDINER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04157867349
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-29
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/PreparerFirmGrp/PreparerFirmEIN0800320285
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/PreparationDt02024-01-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH PERUMBRAL
ReturnHeader/ReturnTs02024-01-29T01:49:11-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VERDINER
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,293
Liabilities
-
Net assets
$6,293
Revenue
$12,629
Expenses
$8,528
Net income
$4,101
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