Civic Intelligence

Reading & Writing Ventures Foundation Inc.

990EZ • Fiscal year 2023 • EIN 83-4238543

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 12, 2024

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.

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

68th percentile

15%

Higher net margin than 68% 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

70th percentile

16%

Faster asset growth than 70% of similar nonprofits.

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

Revenue Growth

71st percentile

28%

Faster revenue growth than 71% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$207,213

Up $28,577 (+16%) from 2022

Net Assets

Up

$207,213

Up $28,577 (+16%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin68th percentile

Revenue

Up

$187,743

Up $41,288 (+28%) from 2022

Expenses

Down

$159,167

Down $19,671 (-11%) from 2022

Net Income

Up

$28,576

Up $60,959 (+188%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth70th 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

2023

Assets$207,213
Liabilities$0
Net Assets$207,213
Open 2023 Filing

Operations Trend

Revenue Growth71st 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

2023

Revenue$187,743
Expenses$159,167
Net Income$28,576
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.0
Gross Receipts
$187,743
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.-$157,465
DEPRECIATION-$1,702
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
2024-11-12
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 1,078 travel 9,786 program services 145,079 bank fees 722 non-investment depreciation 1,702 total 158,367”

Form 990-ez, Part II, Line 24

“Prepaid expenses and deferred charges 10,000 0 3,905 13,905 less accumulated depreciation 391 2,093 total 13,514 11,812”

Form 990-ez, Part III, Line 31

“DEPRECIATION”

Raw XML Appendix128 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
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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/BOYAmt0165123
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0195401
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0185181
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt028576
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0800
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0178637
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0207213
IRS990EZ/GrossReceiptsAmt0187743
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02562
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0178637
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0207213
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0178637
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0207213
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/BOYAmt013514
IRS990EZ/OtherAssetsTotalDetail/EOYAmt011812
IRS990EZ/OtherExpensesTotalAmt0158367
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO HELP CHILDREN LEARN TO READ AND LOVE TO READ.
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/ProgramServiceExpensesAmt0157465
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11702
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0159167
IRS990EZ/TotalProgramServiceExpensesAmt0159167
IRS990EZ/TotalRevenueAmt0187743
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.RWVENTURES.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0185181
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0146441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0431206
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0176254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01039082
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02581
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01039082
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0185181
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0146441
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0431206
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0176254
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01039082
IRS990ScheduleA/TotalSupportAmt01039082
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 1,078 TRAVEL 9,786 PROGRAM SERVICES 145,079 BANK FEES 722 NON-INVESTMENT DEPRECIATION 1,702 TOTAL 158,367
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 10,000 0 3,905 13,905 LESS ACCUMULATED DEPRECIATION 391 2,093 TOTAL 13,514 11,812
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/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK F MAHONEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03107096348
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-12
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/PreparationDt02024-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THEA K LEH
ReturnHeader/ReturnTs02024-11-14T11:34:41-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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
$207,213
Liabilities
$0
Net assets
$207,213
Revenue
$187,743
Expenses
$159,167
Net income
$28,576
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