Civic Intelligence

Reading & Writing Ventures Foundation Inc.

990EZ • Fiscal year 2022 • EIN 83-4238543

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

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

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

18th percentile

-22%

Higher net margin than 18% 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

26th percentile

-15%

Faster asset growth than 26% of similar nonprofits.

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

Revenue Growth

7th percentile

-66%

Faster revenue growth than 7% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$178,636

Down $32,383 (-15%) from 2021

Net Assets

Down

$178,636

Down $32,383 (-15%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin18th percentile

Revenue

Down

$146,455

Down $284,752 (-66%) from 2021

Expenses

Down

$178,838

Down $78,668 (-31%) from 2021

Net Income

Down

-$32,383

Down $206,084 (-119%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth26th 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

2022

Assets$178,636
Liabilities$0
Net Assets$178,636
Open 2022 Filing

Operations Trend

Revenue Growth7th 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

2022

Revenue$146,455
Expenses$178,838
Net Income-$32,383
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$146,455
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.-$178,447
DEPRECIATION-$391
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICK F MAHONEYPresident-$0--
WHEATON MAHONEYDirector-$0--
SHEA TATE-DIDONNADirector-$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
2023-11-14
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 office 1,112 travel 12,353 program services 163,180 bank fees 780 non-investment depreciation 391 total 177,816”

Form 990-ez, Part II, Line 24

“Prepaid expenses and deferred charges 0 10,000 cargo shipping container 0 3,905 less accumulated depreciation 0 391 total 0 13,514”

Form 990-ez, Part III, Line 31

“DEPRECIATION”

Raw XML Appendix127 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/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/BOYAmt0211019
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0165122
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0146441
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-32383
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0931
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0211019
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0178636
IRS990EZ/GrossReceiptsAmt0146455
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt014
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0211019
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0178636
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0211019
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0178636
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PATRICK F MAHONEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WHEATON MAHONEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SHEA TATE-DIDONNA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013514
IRS990EZ/OtherExpensesTotalAmt0177816
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO HELP CHILDREN LEARN TO READ AND LOVE TO READ.
IRS990EZ/PrintingPublicationsPostageAmt091
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/DescriptionProgramSrvcAccomTxt1DEPRECIATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0178447
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1391
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0178838
IRS990EZ/TotalProgramServiceExpensesAmt0178838
IRS990EZ/TotalRevenueAmt0146455
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.RWVENTURES.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0146441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0431206
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0176254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0853901
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt019
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0853901
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0146441
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0431206
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0176254
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0853901
IRS990ScheduleA/TotalSupportAmt0853901
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 1,112 TRAVEL 12,353 PROGRAM SERVICES 163,180 BANK FEES 780 NON-INVESTMENT DEPRECIATION 391 TOTAL 177,816
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 0 10,000 CARGO SHIPPING CONTAINER 0 3,905 LESS ACCUMULATED DEPRECIATION 0 391 TOTAL 0 13,514
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEPRECIATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK F MAHONEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03107096348
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
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/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THEA K LEH
ReturnHeader/ReturnTs02023-11-15T16:26:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PATRICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MAHONEY
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
$178,636
Liabilities
$0
Net assets
$178,636
Revenue
$146,455
Expenses
$178,838
Net income
-$32,383
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