Civic Intelligence

Learn to Read Comics Inc.

990EZ • Fiscal year 2022 • EIN 82-1539667

Jan 01, 2022 to Dec 31, 2022 • Filed on Jan 31, 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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

30th percentile

-6.5%

Higher net margin than 30% 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

42nd percentile

-2.6%

Faster asset growth than 42% of similar nonprofits.

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

Revenue Growth

5th percentile

-80%

Faster revenue growth than 5% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$6,127

Down $166 (-2.6%) from 2021

Net Assets

Down

$6,127

Down $166 (-2.6%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin30th percentile

Revenue

Down

$2,563

Down $10,066 (-80%) from 2021

Expenses

Down

$2,729

Down $5,799 (-68%) from 2021

Net Income

Down

-$166

Down $4,267 (-104%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth42nd 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

2022

Assets$6,127
Liabilities-
Net Assets$6,127
Open 2022 Filing

Operations Trend

Revenue Growth5th 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

2022

Revenue$2,563
Expenses$2,729
Net Income-$166
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jan 31, 2024
Return Version
2022v5.0
Gross Receipts
$2,563
Mission and Program Overview

Mission

Provide Comic Books, Dictionaries and Supplies for Students

Program Services

DescriptionGrantsExpenses
Aproximately 350 comic books and notebooks were distributed to students at after school programs.--
Writing and drawing supplies for 100 students were dispersed as well.--
Compensation and Service Providers
Top Officer Pay78th 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
Address
2190 W 28TH ST, LOS ANGELES, CA 90018

Signing Officer

Name
David Verdiner
Title
President
Signed
2024-01-31
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

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

“Conferences, conventions, and meetings 78”

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

“Supplies 269”

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

“Webcosts 1,869”

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

“Service Fees 16”

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

“Postage and Shipping 113”

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

“Wyze Labs 18”

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

“Misc Other Expenses 366”

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

“Inventory Beginning of year 1,073, End of year 1,073”

Raw XML Appendix147 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/BOYAmt05220
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05054
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt02563
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-166
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06293
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06127
IRS990EZ/GrossReceiptsAmt02563
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06293
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06127
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06293
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06127
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/BOYAmt01073
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01073
IRS990EZ/OtherExpensesTotalAmt02729
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide Comic Books, Dictionaries and Supplies for Students
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Aproximately 350 comic books and notebooks were distributed to students at after school programs.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Writing and drawing supplies for 100 students were dispersed as well.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt02729
IRS990EZ/TotalRevenueAmt02563
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.learntoreadcomics.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02563
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt012629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05544
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07435
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt034571
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99740
IRS990ScheduleA/PublicSupportTotal170Amt034571
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02563
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012629
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05544
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07435
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt034571
IRS990ScheduleA/TotalSupportAmt034571
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/ExplanationTxt0Conferences, conventions, and meetings 78
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies 269
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Webcosts 1,869
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Service Fees 16
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Postage and Shipping 113
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Wyze Labs 18
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Misc Other Expenses 366
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Inventory 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 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/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEARN TO READ COMICS INC
ReturnHeader/Filer/BusinessNameControlTxt0LEAR
ReturnHeader/Filer/EIN0821539667
ReturnHeader/Filer/USAddress/AddressLine1Txt02190 W 28TH ST
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090018
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02024-01-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH M PERUMBRAL
ReturnHeader/ReturnTs02024-01-31T10:57:33-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VERDINER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,127
Liabilities
-
Net assets
$6,127
Revenue
$2,563
Expenses
$2,729
Net income
-$166
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