Civic Intelligence

Ready Room Project

990EZ • Fiscal year 2023 • EIN 88-2620039

Jan 01, 2023 to Dec 31, 2023 • Filed on May 22, 2024

3768 Jubilee TrailDallas, TX 75229

(361) 522-5333

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

69th percentile

0.01x

Higher debt load relative to revenue than 69% of similar nonprofits.

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

57th percentile

5.3%

Faster asset growth than 57% of similar nonprofits.

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

Revenue Growth

7th percentile

-67%

Faster revenue growth than 7% of similar nonprofits.

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

Assets

Up

$95,035

Up $4,780 (+5.3%) from 2022

Net Assets

Up

$94,535

Up $5,280 (+5.9%) from 2022

Liabilities

Down

$500

Down $500 (-50%) from 2022

Revenue

Down

$35,450

Down $72,801 (-67%) from 2022

Expenses

Up

$30,170

Up $11,174 (+59%) from 2022

Net Income

Down

$5,280

Down $83,975 (-94%) from 2022

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2022: $90,255Liabilities 2022: $1,000Net Assets 2022: $89,2552022Assets 2023: $95,035Liabilities 2023: $500Net Assets 2023: $94,5352023Assets 2024: $70,817Liabilities 2024: $479Net Assets 2024: $70,3382024

Highlighted filing

2023

Assets$95,035
Liabilities$500
Net Assets$94,535

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2022: $108,251Expenses 2022: $18,996Net Income 2022: $89,2552022Revenue 2023: $35,450Expenses 2023: $30,170Net Income 2023: $5,2802023Revenue 2024: $13,971Expenses 2024: $38,168Net Income 2024: -$24,1972024

Highlighted filing

2023

Revenue$35,450
Expenses$30,170
Net Income$5,280
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 22, 2024
Return Version
2023v5.0
Gross Receipts
$35,450
Mission and Program Overview

Mission

The Ready Room Project aims to provide services and resources to service-connected spouses and dependents.

Program Services

DescriptionGrantsExpenses
In 2023, The Ready Room Project partnered with the Naval Academys Summer STEM program to provide full tuition and travel scholarships for active duty military kids to attend. The Organization also provided financial support to a Family Readiness Group of a Carrier Air Group (CAG-17) which directly supports families and dependents while the active-duty service members are deployed.$5,000$9,557
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicholas SaundersPresident-$0--
Angela ColombaniDirector-$0--
Nick MongilloDirector-$0--
Paul SongDirector-$0--
Catherine SaundersCo-Exec DirectorPT$0--
Jeff FellowsCo-Exec DirectorPT$0--
Mackenzie CodingtonFinance Director-$0--
Filing and Contact Details

Filer

Filer Name
Ready Room Project
EIN
88-2620039
Phone
3615225333
Address
3768 Jubilee Trail, Dallas, TX 75229

Signing Officer

Name
Nicholas Saunders
Title
President
Signed
2024-05-22
Discuss with paid preparer
Yes

Preparer

Firm
Mackenzie Codington CPA
Address
2628 Landview Cir, Virginia Beach, VA 23454
Preparer
Mackenzie Codington
Phone
5598178790
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $166

Other Expenses.1003

Information Technology $372

Other Expenses.1005

Travel $1938

Other Expenses.1007

Conferences, Conventions, and Meetings $1668

Other Expenses.1009

Depreciation $213

Other Expenses.1

Camp Scholarships $2400

Other Expenses.2

Supplies for Distribution $713

Other Expenses.3

Payment Processing Fees $494

Other Expenses.4

Office and BOD Supplies $207

Other Expenses.5

Dues and Subscriptions $99

Other Expenses.7

Bank Fees $46

Other Assets.1003

Machinery and Equipment - Beginning $533 Machinery and Equipment - Ending $320

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $1000 Payable to Officers, Directors, Etc. - Ending $500

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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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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Ready Room Project
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0882620039
ReturnHeader/Filer/PhoneNum03615225333
ReturnHeader/Filer/USAddress/AddressLine1Txt03768 Jubilee Trail
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-22T07:38:12-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Nick
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Saunders
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits