Civic Intelligence

Reading Allies Inc.

990 • Fiscal year 2023 • EIN 88-4004626

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 20, 2024

2630 Mclean CircleTuscaloosa, AL 35406-1710

(937) 789-8606

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

100th percentile

100%

Higher net margin than 100% 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

Assets

$500

No earlier filing loaded for comparison.

Net Assets

$500

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$500

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$500

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2023: $500Liabilities 2023: $0Net Assets 2023: $5002023Assets 2024: $39,059Liabilities 2024: $0Net Assets 2024: $39,0592024

Highlighted filing

2023

Assets$500
Liabilities$0
Net Assets$500

Operations Trend

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

$60K$40K$20K$0Revenue 2023: $500Expenses 2023: $0Net Income 2023: $5002023Revenue 2024: $58,446Expenses 2024: $19,861Net Income 2024: $38,5852024

Highlighted filing

2023

Revenue$500
Expenses$0
Net Income$500
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 20, 2024
Return Version
2023v5.1
Gross Receipts
$500
Mission and Program Overview

Mission

To improve the well-being of children through education and efforts to increase literacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$500▲ $500
Rtn Earn Endowment Incm Other Fnds$0$500▲ $500
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$500▲ $500
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$500▲ $500
Total Liabilities and Net Assets / Fund Balance$0$500▲ $500
Compensation and Service Providers

Board Members and Trustees

NameTitle
Claire StebbinsDirector
Dr Elizabeth WilsonDirector
Vicki HoltDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$500
Change in Net Assets
$500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Chairman of the board will receive, review, and approve the return. The form 990 is made available to all board members.

Form 990, Part VI, Section C, Line 19

Reading allies, inc. Shall make "widely available" the governing documents, policies and financial statements on its internet website: readingallies.org, to be viewed and inspected by the general public.

Filing and Contact Details

Filer

Filer Name
Reading Allies Inc
EIN
88-4004626
Phone
9377898606
Address
2630 MCLEAN CIRCLE, TUSCALOOSA, AL 35406-1710

Signing Officer

Name
Vicki Holt
Title
Officer
Phone
2055230198
Signed
2024-06-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Claire Stebbins
Formed
2023
Legal Domicile
Al
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Jamisonmoneyfarmer Pc
Address
PO BOX 2347, TUSCALOOSA, AL 35403
Preparer
Robert L Ingram Jr
Phone
2053458440
Raw XML Appendix260 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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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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