Totals
- Total revenue
- $966,781
- Total expenses
- $1,182,533
- Contributions and grants received
- $965,848
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $1,970
- Other revenue
- -$1,037
- Total assets, end of year
- $736,533
- Total liabilities, end of year
- $275,432
- Net assets or fund balances, end of year
- $461,101
- Program services expenses (Part IX)
- $1,044,760
- Management and general expenses
- $104,694
- Fundraising expenses
- $33,079
- Program service expenses (Part III)
- $1,044,760
Program services were 88.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$135,394
-
1c · Fundraising events
$15,540
-
1e · Government grants (contributions)
$382,864
-
1f · All other contributions, gifts and grants
$432,050
-
1g · Noncash contributions included above
$35,750
-
3 · Investment income
total $1,970 · excluded $1,970
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$15,540
-
8b · Fundraising events: direct expenses
$1,537
-
8c · Net income from fundraising events
total -$1,537 · excluded -$1,537
-
11a · Other revenue: MISCELLANEOUS INCOME
total $500 · related or exempt $500
-
11e · Other revenue, total
$500
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $77,988 · program services $70,641 · management and general $5,181 · fundraising $2,166
-
7 · Other salaries and wages
total $741,129 · program services $671,312 · management and general $49,238 · fundraising $20,579
-
10 · Payroll taxes
total $64,180 · program services $56,643 · management and general $5,800 · fundraising $1,737
-
11c · Fees: accounting
total $8,750 · program services $4,698 · management and general $3,123 · fundraising $929
-
11f · Fees: investment management
total $1,789 · management and general $1,789
-
11g · Fees: other
total $43,981 · program services $23,908 · management and general $15,471 · fundraising $4,602
-
12 · Advertising and promotion
total $10,712 · program services $6,226 · management and general $3,796 · fundraising $690
-
13 · Office expenses
total $24,706 · program services $21,938 · management and general $1,889 · fundraising $879
-
16 · Occupancy
total $51,089 · program services $48,048 · management and general $2,793 · fundraising $248
-
17 · Travel
total $17,554 · program services $17,554
-
19 · Conferences, conventions and meetings
total $9,881 · program services $7,632 · management and general $1,419 · fundraising $830
-
22 · Depreciation, depletion and amortization
total $5,662 · program services $5,068 · management and general $594
-
23 · Insurance
total $7,840 · program services $5,080 · management and general $2,501 · fundraising $259
-
24a · Other expenses: PROGRAM SUPPLIES
total $104,058 · program services $104,058
-
24b · Other expenses: RELOCATION EXPENSES
total $8,948 · management and general $8,948
-
24c · Other expenses: MEMBERSHIP DUES
total $2,673 · program services $1,753 · management and general $920
-
24d · Other expenses: MISCELLANEOUS
total $740 · program services $201 · management and general $513 · fundraising $26
-
24e · All other expenses
total $853 · management and general $719 · fundraising $134
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $396,816 · end of year $142,128
-
2 · Savings and temporary cash investments
beginning of year $5,128 · end of year $5,129
-
3 · Pledges and grants receivable
beginning of year $183,077 · end of year $204,194
-
9 · Prepaid expenses and deferred charges
beginning of year $9,099 · end of year $2,530
-
10a · Land, buildings and equipment: cost or other basis
$94,163
-
10b · Land, buildings and equipment: accumulated depreciation
$53,570
-
10c · Land, buildings and equipment, net
beginning of year $913 · end of year $40,593
-
12 · Investments: other securities
beginning of year $91,662 · end of year $98,008
-
15 · Other assets
beginning of year $23,263 · end of year $243,951
-
17 · Accounts payable and accrued expenses
beginning of year $20,116 · end of year $30,034
-
24 · Unsecured notes and loans payable
beginning of year $23,389 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $245,398
-
27 · Net assets without donor restrictions
beginning of year $128,758 · end of year -$62,555
-
28 · Net assets with donor restrictions
beginning of year $537,695 · end of year $523,656
Mission and programs · 2023
Mission
READING CONNECTIONS TRANSFORMS OUR COMMUNITY BY IMPROVING LITERACY AND PROMOTING EDUCATIONAL EQUITY FOR PEOPLE OF ALL AGES, EMPOWERING THEM TO NAVIGATE CHANGES IN AN INCREASINGLY COMPLEX WORLD.
-
READING CONNECTIONS, INC. PROVIDES FREE ADULT LITERACY SERVICES AND WORKS TO INCREASE COMMUNITY AWARENESS OF ADULT LITERACY NEEDS. SERVICES ARE PROVIDED THROUGH ONE-ON-ONE VOLUNTEER TUTORING AND ON-SITE STAFF/VOLUNTEER INSTRUCTION TO STUDENTS WORKING ON BASIC SKILLS, GED PREPARATION, OR ENGLISH AS A SECOND LANGUAGE. STAFF MEMBERS PROVIDE VOLUNTEER TUTORS WITH AN IN-DEPTH PROGRAM ORIENTATION, TRAINING, AND SUPPORT.
Expenses $1,044,760 · Revenue $500
As filed on the 2023 return.
Listed in Part VII
-
Wendell CalhounWENDELL CALHOUN
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Beth SheffieldBETH SHEFFIELD
PRESIDENT AND CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Tripp MillerTRIPP MILLER
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Jim KennedyJIM KENNEDY
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer FordJENNIFER FORD
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Lisa GarrettLISA GARRETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Deborah GrantDEBORAH GRANT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth AlversonELIZABETH ALVERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael KellyMICHAEL KELLY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jonetta SheeleyJONETTA SHEELEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Melissa TearryMELISSA TEARRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Anne TubaughANNE TUBAUGH
EXECUTIVE DIRECTOR
- Total calculated
- $44,575
- From this org
- $44,575
- From related orgs
- $0
- Other
- $0
- Hours/week
- 37.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403199349303350
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