Civic Intelligence

Learn to Read Comics Inc.

990EZ • Fiscal year 2024 • EIN 82-1539667

Jan 01, 2024 to Dec 31, 2024 • Filed on Feb 28, 2025

Organization Profilewww.learntoreadcomics.com
1717 Mayflower AveArcadia, CA 91006

(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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

1st percentile

-1680%

Higher net margin than 1% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

29th percentile

-13%

Faster asset growth than 29% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-99%

Faster revenue growth than 2% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$22,008

Down $3,359 (-13%) from 2023

Net Assets

Down

$22,008

Down $3,359 (-13%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin1st percentile

Revenue

Down

$200

Down $20,449 (-99%) from 2023

Expenses

Up

$3,559

Up $2,150 (+153%) from 2023

Net Income

Down

-$3,359

Down $22,599 (-117%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth29th 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

2024

Assets$22,008
Liabilities-
Net Assets$22,008
Open 2024 Filing

Operations Trend

Revenue Growth2nd 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

2024

Revenue$200
Expenses$3,559
Net Income-$3,359
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 28, 2025
Return Version
2024v5.0
Gross Receipts
$200
Mission and Program Overview

Mission

Provide Comic Books, Dictionaries and Supplies for Students

Program Services

DescriptionGrantsExpenses
3 Events and provided 425 comic books and 75 notebooks were distributed to students at after school programs.--
Writing utensils, arts and crafts supplies and 2 booksheleves for 50 students were dispersed as well.--
Compensation and Service Providers
Top Officer Pay79th 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
1717 MAYFLOWER AVE, ARCADIA, CA 91006

Signing Officer

Name
David Verdiner
Title
CEO
Phone
4157867349
Signed
2025-02-28
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

“Books and Reading Materials 399”

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

“Marketing 319”

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

“Webcosts 829”

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

“Contractor 600”

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

“GoDaddy 1,147”

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

“Postage and Shipping 85”

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

“Wyze Labs 18”

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

“Misc Other Expenses 162”

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

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

Raw XML Appendix144 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/BOYAmt024294
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt020935
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0200
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3359
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt025367
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022008
IRS990EZ/GrossReceiptsAmt0200
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt025367
IRS990EZ/NetAssetsOrFundBalancesEOYAmt022008
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt025367
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt022008
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/OtherExpensesTotalAmt03559
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide Comic Books, Dictionaries and Supplies for Students
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt03 Events and provided 425 comic books and 75 notebooks were distributed to students at after school programs.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Writing utensils, arts and crafts supplies and 2 booksheleves for 50 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/TotalExpensesAmt03559
IRS990EZ/TotalRevenueAmt0200
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.learntoreadcomics.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt020649
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02563
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt012629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt042441
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt042441
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt020649
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02563
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt012629
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06400
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt042441
IRS990ScheduleA/TotalSupportAmt042441
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/ExplanationTxt0Books and Reading Materials 399
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Marketing 319
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Webcosts 829
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Contractor 600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GoDaddy 1,147
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Postage and Shipping 85
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Wyze Labs 18
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Misc Other Expenses 162
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Inventory 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 II, Line 24, Other Assets
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID VERDINER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04157867349
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEARN TO READ COMICS INC
ReturnHeader/Filer/BusinessNameControlTxt0LEAR
ReturnHeader/Filer/EIN0821539667
ReturnHeader/Filer/USAddress/AddressLine1Txt01717 MAYFLOWER AVE
ReturnHeader/Filer/USAddress/CityNm0ARCADIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091006
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0800322028
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/PreparationDt02025-02-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH PERUMBRAL
ReturnHeader/ReturnTs02025-02-28T11:23:32-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,008
Liabilities
-
Net assets
$22,008
Revenue
$200
Expenses
$3,559
Net income
-$3,359
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