Civic Intelligence

The Reading Circuit Inc

990EZ • Fiscal year 2023 • EIN 88-1983201

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 29, 2024

Organization ProfileN/A
12 Salem StWinchester, MA 01890

(781) 888-4031

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

87th percentile

41%

Higher net margin than 87% 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

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

$19,071

No earlier filing loaded for comparison.

Net Assets

$19,071

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin87th percentile

Revenue

$56,150

No earlier filing loaded for comparison.

Expenses

$33,164

No earlier filing loaded for comparison.

Net Income

$22,986

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.

$40K$30K$20K$10K$0Assets 2023: $19,071Liabilities 2023: $0Net Assets 2023: $19,0712023Assets 2025: $39,078Net Assets 2025: $39,0782025

Highlighted filing

2023

Assets$19,071
Liabilities$0
Net Assets$19,071
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$150K$100K$50K$0Revenue 2023: $56,150Expenses 2023: $33,164Net Income 2023: $22,9862023Revenue 2025: $170,375Expenses 2025: $151,003Net Income 2025: $19,3722025

Highlighted filing

2023

Revenue$56,150
Expenses$33,164
Net Income$22,986
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 29, 2024
Return Version
2023v5.0
Gross Receipts
$56,150
Mission and Program Overview

Mission

The organization was created to promote literacy through educational programs and trainings, dissemination of research on literacy, and grants to educators to implement effective evidence-based literacy instruction.

Program Services

DescriptionGrantsExpenses
The organization developed manuals and provided workshops for teachers on best practices for promoting literacy,-$29,423
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leandra ElionPresidentPT$0--
Lisa RiceTreasurer-$0--
Kristin ParoneClerk-$0--
Susan HuculDirector-$0--
Isha SanghviDirector-$0--
Marylynn HarrisDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Reading Circuit Inc
EIN
88-1983201
Phone
7818884031
Address
12 Salem St, Winchester, MA 01890

Signing Officer

Name
Lisa Rice
Title
Treasurer
Signed
2024-03-29
Discuss with paid preparer
Yes

Preparer

Firm
Marina M Raher CPA
Address
8 Malvern Hill Rd, Sterling, MA 01564
Preparer
Marina Raher
Phone
9784228180
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $237”

Other Expenses.1

“Course materials $27309”

Other Expenses.2

“Workshops $796”

Other Expenses.3

“Programing expenses $674”

Other Expenses.4

“Filing Fees $99”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $5000 Accounts Payable and Accrued Expenses - Ending $0”

Raw XML Appendix151 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.

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IRS990EZ/BooksInCareOfDetail/PhoneNum05085810198
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt040 Browns Rd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Grafton
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001519
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01085
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt019071
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IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/DonorAdvisedFndsInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt022986
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03987
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt056150
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-3915
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Leandra Elion
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Lisa Rice
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Kristin Parone
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Susan Hucul
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Isha Sanghvi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Marylynn Harris
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Clerk
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt029115
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The organization was created to promote literacy through educational programs and trainings, dissemination of research on literacy, and grants to educators to implement effective evidence-based literacy instruction.
IRS990EZ/PrintingPublicationsPostageAmt062
IRS990EZ/ProgramServiceRevenueAmt056150
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization developed manuals and provided workshops for teachers on best practices for promoting literacy,
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt029423
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt05000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt033164
IRS990EZ/TotalProgramServiceExpensesAmt029423
IRS990EZ/TotalRevenueAmt056150
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt056150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt056150
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt056150
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt056150
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt056150
IRS990ScheduleA/TotalSupportAmt056150
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $237
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Course materials $27309
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Workshops $796
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Programing expenses $674
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Filing Fees $99
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Payable and Accrued Expenses - Beginning $5000 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Total Liabilities.1001
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Lisa Rice
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Reading Circuit Inc
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0881983201
ReturnHeader/Filer/PhoneNum07818884031
ReturnHeader/Filer/USAddress/AddressLine1Txt012 Salem St
ReturnHeader/Filer/USAddress/CityNm0Winchester
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001890
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043321965
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Marina M Raher CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08 Malvern Hill Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Sterling
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001564
ReturnHeader/PreparerPersonGrp/PhoneNum09784228180
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Marina Raher
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-03-29T14:17:11-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Lisa
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Rice
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
$19,071
Liabilities
$0
Net assets
$19,071
Revenue
$56,150
Expenses
$33,164
Net income
$22,986
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.39$0.39$1.70$1.51$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.56$0.33$0.23