Civic Intelligence

Reading & Writing Ventures Foundation Inc.

990EZ • Fiscal year 2020 • EIN 83-4238543

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

Organization ProfileWWW.RWVENTURES.ORG
653 Bernardston RoadGreenfield, MA 01301

(310) 709-6348

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

67th percentile

18%

Higher net margin than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

97th percentile

490%

Faster asset growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

91st percentile

76%

Faster revenue growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$37,317

Up $30,997 (+490%) from 2019

Net Assets

Up

$37,317

Up $30,997 (+490%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin67th percentile

Revenue

Up

$176,255

Up $76,252 (+76%) from 2019

Expenses

Up

$145,258

Up $51,575 (+55%) from 2019

Net Income

Up

$30,997

Up $24,677 (+390%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$300K$200K$100K$0Assets 2019: $6,320Liabilities 2019: $0Net Assets 2019: $6,3202019Assets 2020: $37,317Liabilities 2020: $0Net Assets 2020: $37,3172020Assets 2021: $211,019Liabilities 2021: $0Net Assets 2021: $211,0192021Assets 2022: $178,636Liabilities 2022: $0Net Assets 2022: $178,6362022Assets 2023: $207,213Liabilities 2023: $0Net Assets 2023: $207,2132023Assets 2024: $238,088Liabilities 2024: $0Net Assets 2024: $238,0882024

Highlighted filing

2020

Assets$37,317
Liabilities$0
Net Assets$37,317
Open 2020 Filing

Operations Trend

Revenue Growth91st percentile

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

$600K$400K$200K$0-$200KRevenue 2019: $100,003Expenses 2019: $93,683Net Income 2019: $6,3202019Revenue 2020: $176,255Expenses 2020: $145,258Net Income 2020: $30,9972020Revenue 2021: $431,207Expenses 2021: $257,506Net Income 2021: $173,7012021Revenue 2022: $146,455Expenses 2022: $178,838Net Income 2022: -$32,3832022Revenue 2023: $187,743Expenses 2023: $159,167Net Income 2023: $28,5762023Revenue 2024: $218,067Expenses 2024: $187,192Net Income 2024: $30,8752024

Highlighted filing

2020

Revenue$176,255
Expenses$145,258
Net Income$30,997
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.0
Gross Receipts
$176,255
Mission and Program Overview

Mission

To help children learn to read and love to read.

Program Services

DescriptionGrantsExpenses
THE SUPPORT OF THE RWANDAN BOOKMOBILE, ALONG WITH THE CREATION OF EDUCATIONAL RADIO & TELEVISION SHOWS TO BROADCAST ACROSS RWANDA FOR PRIMARY SCHOOL CHILDREN.-$145,258
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICK F MAHONEYPresident-$0--
WHEATON MAHONEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Reading and Writing Ventures
EIN
83-4238543
Phone
3107096348
Address
653 BERNARDSTON ROAD, GREENFIELD, MA 01301

Signing Officer

Name
Patrick F Mahoney
Title
President
Phone
3107096348
Signed
2021-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Gilmore & Farrell Insurance Agency Inc
Address
525 BERNARDSTON RD, GREENFIELD, MA 01301-1913
Preparer
Thea K Leh
Phone
4137733686
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses program services 142,500 bank fees 455 website 230 total 143,185”

Form 990-ez, Part II, Line 24

“Pledges receivable 0 10,000 total 0 10,000”

Raw XML Appendix115 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0PATRICK F MAHONEY
CompensationExplanation/CompensationExplanationGrp/PersonNm1WHEATON MAHONEY
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0PATRICK F MAHONEY
IRS990EZ/BooksInCareOfDetail/PhoneNum03107096348
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0653 BERNARDSTON ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GREENFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001301
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06320
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt027317
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0176254
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt030997
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02014
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06320
IRS990EZ/Form990TotalAssetsGrp/EOYAmt037317
IRS990EZ/GrossReceiptsAmt0176255
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06320
IRS990EZ/NetAssetsOrFundBalancesEOYAmt037317
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06320
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt037317
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PATRICK F MAHONEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WHEATON MAHONEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt010000
IRS990EZ/OtherExpensesTotalAmt0143185
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO HELP CHILDREN LEARN TO READ AND LOVE TO READ.
IRS990EZ/PrintingPublicationsPostageAmt059
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE SUPPORT OF THE RWANDAN BOOKMOBILE, ALONG WITH THE CREATION OF EDUCATIONAL RADIO & TELEVISION SHOWS TO BROADCAST ACROSS RWANDA FOR PRIMARY SCHOOL CHILDREN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0145258
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0145258
IRS990EZ/TotalProgramServiceExpensesAmt0145258
IRS990EZ/TotalRevenueAmt0176255
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.RWVENTURES.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0176254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0276254
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0276254
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0176254
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0276254
IRS990ScheduleA/TotalSupportAmt0276254
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PROGRAM SERVICES 142,500 BANK FEES 455 WEBSITE 230 TOTAL 143,185
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PLEDGES RECEIVABLE 0 10,000 TOTAL 0 10,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK F MAHONEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03107096348
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0READING AND WRITING VENTURES
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0834238543
ReturnHeader/Filer/PhoneNum03107096348
ReturnHeader/Filer/USAddress/AddressLine1Txt0653 BERNARDSTON ROAD
ReturnHeader/Filer/USAddress/CityNm0GREENFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001301
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450493383
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GILMORE & FARRELL INSURANCE AGENCY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0525 BERNARDSTON RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0013011913
ReturnHeader/PreparerPersonGrp/PhoneNum04137733686
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THEA K LEH
ReturnHeader/ReturnTs02021-11-15T07:41:26-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PATRICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MAHONEY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,317
Liabilities
$0
Net assets
$37,317
Revenue
$176,255
Expenses
$145,258
Net income
$30,997
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.38$0.00$2.38$2.18$1.87$0.31
2023Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$1.88$1.59$0.29
2022Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$1.46$1.79$0.32
2021Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$4.31$2.58$1.74
2020Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$1.76$1.45$0.31
2019Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$1.00$0.94$0.06