Civic Intelligence

Connecticut Reading Association Inc.

990EZ • Fiscal year 2023 • EIN 83-1701826

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 03, 2023

Organization ProfileN/A
109 Far Horizon DriveCheshire, CT 06410

(203) 232-8672

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

2nd percentile

-450%

Higher net margin than 2% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

43rd percentile

-2.1%

Faster asset growth than 43% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

26th percentile

-19%

Faster revenue growth than 26% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$286,922

Down $6,025 (-2.1%) from 2022

Net Assets

Down

$286,922

Down $6,025 (-2.1%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin2nd percentile

Revenue

Down

$4,780

Down $1,099 (-19%) from 2022

Expenses

Down

$26,279

Down $10,447 (-28%) from 2022

Net Income

Up

-$21,499

Up $9,348 (+30%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$600K$400K$200K$0Assets 2019: $401,091Liabilities 2019: $0Net Assets 2019: $401,0912019Assets 2020: $360,295Liabilities 2020: $0Net Assets 2020: $360,2952020Assets 2021: $358,480Liabilities 2021: $0Net Assets 2021: $358,4802021Assets 2022: $292,947Liabilities 2022: $0Net Assets 2022: $292,9472022Assets 2023: $286,922Liabilities 2023: $0Net Assets 2023: $286,9222023Assets 2024: $310,510Liabilities 2024: $0Net Assets 2024: $310,5102024

Highlighted filing

2023

Assets$286,922
Liabilities$0
Net Assets$286,922
Open 2023 Filing

Operations Trend

Revenue Growth26th percentile

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

$200K$100K$0-$100KRevenue 2019: $149,405Expenses 2019: $163,672Net Income 2019: -$14,2672019Revenue 2020: $82,751Expenses 2020: $123,547Net Income 2020: -$40,7962020Revenue 2021: $60,094Expenses 2021: $61,909Net Income 2021: -$1,8152021Revenue 2022: $5,879Expenses 2022: $36,726Net Income 2022: -$30,8472022Revenue 2023: $4,780Expenses 2023: $26,279Net Income 2023: -$21,4992023Revenue 2024: $10,154Expenses 2024: $14,628Net Income 2024: -$4,4742024

Highlighted filing

2023

Revenue$4,780
Expenses$26,279
Net Income-$21,499
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 3, 2023
Return Version
2022v5.0
Gross Receipts
$4,780
Mission and Program Overview

Mission

Promote reading in connecticut schools

Program Services

DescriptionGrantsExpenses
SPONSOR PARENT / TEACHER CONFERENCES, "CT LOVES TO READDAY", LITERACY PROGRAMS, YOUNG AUTHORS PROGRAM, NEWSLETTER$6,163$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CATHY MASTRIANNATreasurerPT$0--
KRISTEN STEVENSDirector-$0--
JENNIFER SLIFERPresident-$0--
SANDRA POTTSSecretary-$0--
SUSAN MEANEYDirector-$0--
CATHY GRIMESDirector-$0--
Filing and Contact Details

Filer

Filer Name
Connecticut Reading Association Inc
EIN
83-1701826
Phone
2032328672
Address
109 FAR HORIZON DRIVE, CHESHIRE, CT 06410

Signing Officer

Name
Cathy Mastrianna
Title
Treasurer
Phone
2032328672
Signed
2023-10-03
Discuss with paid preparer
Yes

Preparer

Firm
Tax & Investment Strategies
Address
91 Schraffts Drive Suite 1, Waterbury, CT 06705
Preparer
Patricia Gugliotti
Phone
2037548660
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“AWARDS & GRANTS 6163.”

Form 990EZ, Part I, Line 16

“BANK FEES 1616.”

Form 990EZ, Part I, Line 16

“Conference expenses 9906.”

Form 990EZ, Part I, Line 16

“INSURANCE 2236.”

Form 990EZ, Part I, Line 16

“MEETING EXPENSE 100.”

Form 990EZ, Part I, Line 16

“MEMBERSHIP DUES 539.”

Form 990EZ, Part I, Line 16

“Office supplies and expenses 1289.”

Form 990EZ, Part I, Line 16

“WEB SITE 680.”

Form 990EZ, Part I, Line 20

“Investment values increased”

Raw XML Appendix176 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/PersonNm0CATHY MASTRIANA
IRS990EZ/BooksInCareOfDetail/PhoneNum02032328672
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0109 FAR HORIZON DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHESHIRE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006410
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0292947
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0286922
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-21499
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03750
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0292947
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0286922
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt04780
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0292947
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0286922
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0292947
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0286922
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CATHY MASTRIANNA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KRISTEN STEVENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JENNIFER SLIFER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SANDRA POTTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SUSAN MEANEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CATHY GRIMES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt015474
IRS990EZ/OtherExpensesTotalAmt022529
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE READING IN CONNECTICUT SCHOOLS
IRS990EZ/ProgramServiceRevenueAmt04780
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SPONSOR PARENT / TEACHER CONFERENCES, "CT LOVES TO READDAY", LITERACY PROGRAMS, YOUNG AUTHORS PROGRAM, NEWSLETTER
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt06163
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt026279
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt04780
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt013849
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt013849
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt013849
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt013849
IRS990ScheduleA/Total509Grp/TotalAmt013849
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt013849
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AWARDS & GRANTS 6163.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK FEES 1616.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFERENCE EXPENSES 9906.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSURANCE 2236.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEETING EXPENSE 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEMBERSHIP DUES 539.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICE SUPPLIES AND EXPENSES 1289.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7WEB SITE 680.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8INVESTMENT VALUES INCREASED
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 20
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHY MASTRIANNA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02032328672
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CONNECTICUT READING ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CONN
ReturnHeader/Filer/EIN0831701826
ReturnHeader/Filer/PhoneNum02032328672
ReturnHeader/Filer/USAddress/AddressLine1Txt0109 FAR HORIZON DRIVE
ReturnHeader/Filer/USAddress/CityNm0CHESHIRE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006410
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061433388
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tax & Investment Strategies
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt091 Schraffts Drive Suite 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Waterbury
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006705
ReturnHeader/PreparerPersonGrp/PhoneNum02037548660
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Patricia Gugliotti
ReturnHeader/ReturnTs02023-10-03T07:00:56-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CATHY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MASTRIANNA
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$286,922
Liabilities
$0
Net assets
$286,922
Revenue
$4,780
Expenses
$26,279
Net income
-$21,499
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.11$0.00$3.11$0.10$0.15$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.87$0.00$2.87$0.05$0.26$0.21
2022Detailed filing. Detailed filing data is available for this year.$2.93$0.00$2.93$0.06$0.37$0.31
2021Detailed filing. Detailed filing data is available for this year.$3.58$0.00$3.58$0.60$0.62$0.02
2020Detailed filing. Detailed filing data is available for this year.$3.60$0.00$3.60$0.83$1.24$0.41
2019Detailed filing. Detailed filing data is available for this year.$4.01$0.00$4.01$1.49$1.64$0.14