Civic Intelligence

Readiness to Learn

990 • Fiscal year 2015 • EIN 91-1864751

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 26, 2016

PO Box 280Langley, WA 98260

(360) 321-0980

Siviq Scores

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

Liabilities / Assets

91st percentile

0.66x

Higher debt load relative to assets than 91% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

71st percentile

0.03x

Higher debt load relative to revenue than 71% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

53rd percentile

4.6%

Higher net margin than 53% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

77th percentile

29%

Faster asset growth than 77% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

46th percentile

-1.1%

Faster revenue growth than 46% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Flat

$10,390

Flat from 2015

Net Assets

Flat

$3,551

Flat from 2015

Liabilities

Flat

$6,839

Flat from 2015

Revenue

Flat

$254,267

Flat from 2015

Expenses

Flat

$242,616

Flat from 2015

Net Income

Flat

$11,651

Flat from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2011: $9,166Liabilities 2011: $12,497Net Assets 2011: -$3,3312011Assets 2012: $46,832Liabilities 2012: $1,271Net Assets 2012: $45,5612012Assets 2013: $16,898Liabilities 2013: $5,897Net Assets 2013: $11,0012013Assets 2014: $8,081Liabilities 2014: $16,181Net Assets 2014: -$8,1002014Assets 2015: $10,390Liabilities 2015: $6,839Net Assets 2015: $3,5512015Assets 2015: $10,390Liabilities 2015: $6,839Net Assets 2015: $3,5512015Assets 2016: $52,034Liabilities 2016: $12,583Net Assets 2016: $39,4512016Assets 2017: $30,957Liabilities 2017: $4,373Net Assets 2017: $26,5842017Assets 2018: $75,839Liabilities 2018: $1,983Net Assets 2018: $73,8562018Assets 2019: $106,068Liabilities 2019: $8,184Net Assets 2019: $97,8842019Assets 2020: $168,395Liabilities 2020: $6,607Net Assets 2020: $161,7882020Assets 2021: $178,642Liabilities 2021: $34,682Net Assets 2021: $143,9602021Assets 2022: $191,161Liabilities 2022: $31,553Net Assets 2022: $159,6082022Assets 2023: $213,632Liabilities 2023: $29,964Net Assets 2023: $183,6682023

Highlighted filing

2015

Assets$10,390
Liabilities$6,839
Net Assets$3,551

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $421,3902011Expenses 2012: $379,5652012Expenses 2013: $345,0712013Revenue 2014: $257,113Expenses 2014: $276,214Net Income 2014: -$19,1012014Revenue 2015: $254,267Expenses 2015: $242,616Net Income 2015: $11,6512015Revenue 2015: $254,267Expenses 2015: $242,616Net Income 2015: $11,6512015Revenue 2016: $232,330Expenses 2016: $196,430Net Income 2016: $35,9002016Revenue 2017: $149,431Expenses 2017: $162,298Net Income 2017: -$12,8672017Revenue 2018: $274,092Expenses 2018: $226,819Net Income 2018: $47,2732018Revenue 2019: $357,950Expenses 2019: $333,922Net Income 2019: $24,0282019Revenue 2020: $490,641Expenses 2020: $426,828Net Income 2020: $63,8132020Revenue 2021: $488,837Expenses 2021: $506,665Net Income 2021: -$17,8282021Revenue 2022: $530,695Expenses 2022: $515,047Net Income 2022: $15,6482022Revenue 2023: $537,891Expenses 2023: $497,831Net Income 2023: $40,0602023

Highlighted filing

2015

Revenue$254,267
Expenses$242,616
Net Income$11,651
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 26, 2016
Return Version
2014v6.0
Gross Receipts
$254,267
Mission and Program Overview

Mission

Promote student success by facilitating the combined efforts of schools, families, and communities to address the needs of the whole child

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,346$6,760▲ $1,414
Cash and Non-Interest-Bearing Accounts$2,735$3,630▲ $895
Rtn Earn Endowment Incm Other Fnds$-8,100$3,551▲ $11,651
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$8,081$10,390▲ $2,309
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,999$4,868▼ $10,131
Accounts Payable and Accrued Expenses$1,182$1,971▲ $789
Total Liabilities$16,181$6,839▼ $9,342
Net Assets / Fund Balance
Total Net Assets Fund Balance$-8,100$3,551▲ $11,651
Total Liabilities and Net Assets / Fund Balance$8,081$10,390▲ $2,309

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,115$4,749$7,864
Other Land Buildings$3,645$2,797$6,442
Compensation and Service Providers

Board Members and Trustees

NameTitle
Betty BondPresident
Joanie SmithVice President
Angela VosburgBoard Member
Betty ClarkBoard Member
Julie BeanBoard Member
GAIL LaVASSARExecutive Director
Erin WilkieSecretary/TREAS
Revenue and Support

Revenue Composition

Contributions and Grants
$254,267
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$235,198
Change in Net Assets
$11,651

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table563$56,300Retail Price
Other Non Cash Contri Table360$36,000Retail Price
Total Noncash Contributions923$92,300-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$122,765
Salaries, Compensation, and Employee Benefits$63,221
Other Expenses$49,368
Professional Fundraising Fees$7,262
Total Fundraising Expense$7,262

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$122,765--$122,765
Other Salaries and Wages$54,447$2,198-$56,645
Fees for Services Accounting-$8,783-$8,783
Travel$7,164$498-$7,662
Occupancy$680$6,648-$7,328
Fees for Services Professional Fundraising--$7,262$7,262
Fees for Services Other$6,111$1,012-$7,123
Office Expenses$1,581$4,836-$6,417
Payroll Taxes$5,699$227-$5,926
Depreciation Depletion-$2,074-$2,074
Insurance-$1,663-$1,663
Interest-$1,410-$1,410
Information Technology-$784-$784
Other Employee Benefits-$650-$650
Conferences and Meetings-$361-$361
Other Expenses$243$18-$18
Total Functional Expenses$204,192$31,162$7,262$242,616
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$7,262
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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, Line 11B: Form 990 Review Process

Form 990 is reviewed by the executive director before filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Readiness to Learn Foundation
EIN
91-1864751
Phone
3603210980
Address
PO BOX 280, LANGLEY, WA 98260

Signing Officer

Name
GAIL LaVASSAR
Title
Executive Director
Signed
2016-01-26
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
5

Preparer

Firm
Werner OMeara & Co PLLC
Address
19109 36th Ave West 213, Lynnwood, WA 98036
Preparer
Barbara Carney
Phone
4257748888
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IRS990/PYTotalRevenueAmt0257113
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt011651
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-8100
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03551
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0161967
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0110983
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0310042
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0423757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0407135
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01413884
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04862
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94220
IRS990ScheduleA/PublicSupportPY170Pct00.96930
IRS990ScheduleA/PublicSupportTotal170Amt01332162
IRS990ScheduleA/SubstantialContributorsTotAmt081722
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0161967
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0110983
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0310042
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0423757
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0407135
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01413884
IRS990ScheduleA/TotalSupportAmt01413884
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt03115
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04749
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07864
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03645
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02797
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06442
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06760
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EDUCATIONAL/BASIC NEEDS SUPPORT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOOL SUPPLIES, CLOTHING
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2HOLIDAY GIFTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt05647
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt145281
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt271837
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0EDUCATIONAL/BASIC NEEDS SUPPORT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1SCHOOL SUPPLIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc2HOLIDAY GIFTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt063
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt1360
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt2563
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc2FMV
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0360
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt1563
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SCHOOL SUPPLIES
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1HOLIDAY GIFTS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0RETAIL PRICE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1RETAIL PRICE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt036000
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt156300
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08081
IRS990/TotalAssetsEOYAmt010390
IRS990/TotalAssetsGrp/BOYAmt08081
IRS990/TotalAssetsGrp/EOYAmt010390
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0254267
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07262
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031162
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0204192
IRS990/TotalFunctionalExpensesGrp/TotalAmt0242616
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016181
IRS990/TotalLiabilitiesEOYAmt06839
IRS990/TotalLiabilitiesGrp/BOYAmt016181
IRS990/TotalLiabilitiesGrp/EOYAmt06839
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-8100
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03551
IRS990/TotalProgramServiceExpensesAmt0204192
IRS990/TotalProgramServiceRevenueAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.14$0.30$1.84$5.38$4.98$0.40
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.32$1.60$5.31$5.15$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$0.35$1.44$4.89$5.07$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.07$1.62$4.91$4.27$0.64
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.08$0.98$3.58$3.34$0.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.02$0.74$2.74$2.27$0.47
2017Summary only. Only limited summary data is available for this year.$0.31$0.04$0.27$1.49$1.62$0.13
2016Summary only. Only limited summary data is available for this year.$0.52$0.13$0.39$2.32$1.96$0.36
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.07$0.04$2.54$2.43$0.12
2015Summary only. Only limited summary data is available for this year.$0.10$0.07$0.04$2.54$2.43$0.12
2014Summary only. Only limited summary data is available for this year.$0.08$0.16$0.08$2.57$2.76$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.06$0.11$3.45
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.01$0.46$3.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.12$0.03$4.21