Civic Intelligence

Ready for Good Co

990 • Fiscal year 2022 • EIN 87-3356507

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 16, 2023

Organization Profilewww.shopreadyforgood.com
708 Connecticut StLawrence, KS 66044

(785) 856-0651

Siviq Scores

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

Liabilities / Assets

76th percentile

0.06x

Higher debt load relative to assets than 76% of similar nonprofits.

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

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

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

Net Margin

57th percentile

9.3%

Higher net margin than 57% of similar nonprofits.

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

Top Officer Pay

93rd percentile

$53,792

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets76th percentile

Assets

$35,158

No earlier filing loaded for comparison.

Net Assets

$33,165

No earlier filing loaded for comparison.

Liabilities

$1,993

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin57th percentile

Revenue

$357,766

No earlier filing loaded for comparison.

Expenses

$324,601

No earlier filing loaded for comparison.

Net Income

$33,165

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$200K$150K$100K$50K$0Assets 2022: $35,158Liabilities 2022: $1,993Net Assets 2022: $33,1652022Assets 2023: $97,110Liabilities 2023: $11,115Net Assets 2023: $85,9952023Assets 2024: $181,636Liabilities 2024: $47,938Net Assets 2024: $133,6982024

Highlighted filing

2022

Assets$35,158
Liabilities$1,993
Net Assets$33,165
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0Revenue 2022: $357,766Expenses 2022: $324,601Net Income 2022: $33,1652022Revenue 2023: $676,040Expenses 2023: $623,210Net Income 2023: $52,8302023Revenue 2024: $800,814Expenses 2024: $758,936Net Income 2024: $41,8782024

Highlighted filing

2022

Revenue$357,766
Expenses$324,601
Net Income$33,165
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 16, 2023
Return Version
2022v5.0
Gross Receipts
$357,766
Mission and Program Overview

Mission

To provide job readiness and life skills training, supportive employment, spiritual formation opportunities, and mentorship to youth in foster care, the juvenile justice system, and youth who have aged out of those systems.

Prepare at-risk youth for success in life and in work through workforce development, life & job skills training and mentorship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds-$33,165-
Land, Buildings, and Equipment, Net-$17,804-
Cash and Non-Interest-Bearing Accounts-$17,354-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$0$35,158▲ $35,158
Other Assets Total-$0-
Liabilities
Other Liabilities-$1,993-
Total Liabilities$0$1,993▲ $1,993
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$33,165▲ $33,165
Total Liabilities and Net Assets / Fund Balance$0$35,158▲ $35,158

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,804$1,978$19,782
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Addison ShockleyPresident & CEOFT$53,792$53,792

Board Members and Trustees

NameTitle
Jim ClarkDirector
Leland JohnsonDirector
Maxwell ShockleyDirector
Margaret HarrisSecretary
Judah PowersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$156,733
Program Service Revenue
$200,291
Investment Income
$0
Other Revenue
$742
All Other Contributions
$31,360
Change in Net Assets
$33,165
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$200,940
Salaries, Compensation, and Employee Benefits$123,661
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$57,214--$57,214
Current Officers, Directors, Trustees, and Key Employees$53,792--$53,792
Occupancy$33,051--$33,051
All Other Expenses$17,106$79-$17,185
Advertising$14,302--$14,302
Payroll Taxes$12,655--$12,655
Insurance$6,541--$6,541
Other Expenses$6,000--$6,000
Depreciation Depletion$1,978--$1,978
Office Expenses-$1,621-$1,621
Fees for Services Accounting-$1,355-$1,355
Fees for Services Legal-$97-$97
Total Functional Expenses$321,449$3,152$0$324,601
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$1,993
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The committees of the organization are advisory in nature and do not have the authority to act on behalf of the governing board.”

Form 990, Part VI, Section B, Line 11B

“The tax return is prepared by the accountants, and then will be reviewed by the executive director. The executive director will provide a copy to the board members.”

Form 990, Part VI, Section B, Line 12C

“Employees and agents are asked to be responsible for compliance with the code of conduct. If something is not addressed, they should seek to apply the code of conduct's overall philosophy and concepts. If there is uncertainty about a particular situation, it will be reviewed by a supervisor, the corporate compliance coordinator, or a member of the compliance committee.”

Form 990, Part VI, Section B, Line 15A

“The board approves all pay levels.”

Form 990, Part VI, Section B, Line 15B

“The board approves all pay levels.”

Form 990, Part VI, Section C, Line 19

“Policies and financial statements are available upon request during regular operating hours.”

Filing and Contact Details

Filer

Filer Name
Ready for Good Co
EIN
87-3356507
Phone
7858560651
Address
708 CONNECTICUT ST, LAWRENCE, KS 66044

Signing Officer

Name
Addison Shockley
Title
President & CEO
Signed
2023-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Addison Shockley
Legal Domicile
Ks
Voting Board Members
6
Independent Board Members
6
Employees
32
Volunteers
3

Preparer

Firm
The Roark Group LLC
Address
1319 Wakarusa Dr Ste A, Lawrence, KS 66049
Preparer
Christina L Fisher CPA
Phone
7858423431
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01993
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017804
IRS990ScheduleD/TotalLiabilityAmt01993
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMMITTEES OF THE ORGANIZATION ARE ADVISORY IN NATURE AND DO NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TAX RETURN IS PREPARED BY THE ACCOUNTANTS, AND THEN WILL BE REVIEWED BY THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR WILL PROVIDE A COPY TO THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EMPLOYEES AND AGENTS ARE ASKED TO BE RESPONSIBLE FOR COMPLIANCE WITH THE CODE OF CONDUCT. IF SOMETHING IS NOT ADDRESSED, THEY SHOULD SEEK TO APPLY THE CODE OF CONDUCT'S OVERALL PHILOSOPHY AND CONCEPTS. IF THERE IS UNCERTAINTY ABOUT A PARTICULAR SITUATION, IT WILL BE REVIEWED BY A SUPERVISOR, THE CORPORATE COMPLIANCE COORDINATOR, OR A MEMBER OF THE COMPLIANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD APPROVES ALL PAY LEVELS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD APPROVES ALL PAY LEVELS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST DURING REGULAR OPERATING HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt035158
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt035158
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0156733
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03152
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0321449
IRS990/TotalFunctionalExpensesGrp/TotalAmt0324601
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt01993
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01993
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt033165
IRS990/TotalProgramServiceExpensesAmt0321449
IRS990/TotalProgramServiceRevenueAmt0200291
IRS990/TotalReportableCompFromOrgAmt053792
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0201033
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0357766
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt035158
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0708 CONNECTICUT ST
IRS990/USAddress/CityNm0LAWRENCE
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd0660442728
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.shopreadyforgood.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ADDISON SHOCKLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0READY FOR GOOD CO
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0873356507
ReturnHeader/Filer/PhoneNum07858560651
ReturnHeader/Filer/USAddress/AddressLine1Txt0708 CONNECTICUT ST
ReturnHeader/Filer/USAddress/CityNm0LAWRENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd066044
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813580458
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Roark Group LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01319 Wakarusa Dr Ste A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lawrence
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd066049
ReturnHeader/PreparerPersonGrp/PhoneNum07858423431
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINA L FISHER CPA
ReturnHeader/ReturnTs02023-11-16T13:46:50-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ADDISON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHOCKLEY
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,158
Liabilities
$1,993
Net assets
$33,165
Revenue
$357,766
Expenses
$324,601
Net income
$33,165
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.82$0.48$1.34$8.01$7.59$0.42
2023Detailed filing. Detailed filing data is available for this year.$0.97$0.11$0.86$6.76$6.23$0.53
2022Detailed filing. Detailed filing data is available for this year.$0.35$0.02$0.33$3.58$3.25$0.33