Totals
- Total revenue
- $1,245,542
- Total expenses
- $1,176,612
- Contributions and grants received
- $1,610
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $4,336
- Other revenue
- $1,239,596
- Total assets, end of year
- $2,586,325
- Total liabilities, end of year
- $23,965
- Net assets or fund balances, end of year
- $2,562,360
- Program services expenses (Part IX)
- $1,087,346
- Management and general expenses
- $89,266
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,087,346
Program services were 92.4% 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.
-
1f · All other contributions, gifts and grants
$1,610
-
3 · Investment income
total $4,336 · related or exempt $4,336
-
10a · Gross sales of inventory
$2,223,533
-
10b · Cost of goods sold
$983,937
-
10c · Net income from sales of inventory
total $1,239,596 · related or exempt $1,239,596
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $150,720 · program services $120,576 · management and general $30,144
-
7 · Other salaries and wages
total $144,436 · program services $144,436
-
10 · Payroll taxes
total $32,067 · program services $29,331 · management and general $2,736
-
11b · Fees: legal
total $3,671 · program services $2,937 · management and general $734
-
11c · Fees: accounting
total $42,817 · program services $34,254 · management and general $8,563
-
12 · Advertising and promotion
total $8,394 · program services $8,394
-
13 · Office expenses
total $10,098 · management and general $10,098
-
16 · Occupancy
total $4,503 · management and general $4,503
-
17 · Travel
total $4,610 · program services $4,610
-
22 · Depreciation, depletion and amortization
total $663 · program services $663
-
24a · Other expenses: INITIATIVES
total $392,983 · program services $392,983
-
24b · Other expenses: CONTRACT LABOR
total $291,935 · program services $291,935
-
24c · Other expenses: BOARD RETREATS
total $20,494 · management and general $20,494
-
24d · Other expenses: COMPUTER REP/MAINT
total $16,851 · program services $13,481 · management and general $3,370
-
24e · All other expenses
total $52,370 · program services $43,746 · management and general $8,624
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $62,568 · end of year $282,363
-
2 · Savings and temporary cash investments
beginning of year $1,657,240 · end of year $1,761,630
-
4 · Accounts receivable
beginning of year $233,998 · end of year $95,317
-
8 · Inventories for sale or use
beginning of year $580,767 · end of year $446,891
-
10a · Land, buildings and equipment: cost or other basis
$88,362
-
10b · Land, buildings and equipment: accumulated depreciation
$88,238
-
10c · Land, buildings and equipment, net
beginning of year $7,406 · end of year $124
-
17 · Accounts payable and accrued expenses
end of year $1,391
-
25 · Other liabilities
beginning of year $48,549 · end of year $22,574
-
27 · Net assets without donor restrictions
beginning of year $2,493,430 · end of year $2,562,360
Mission and programs · 2022
Mission
THE MISSION IS TO SUPPORT CHILDREN IN LEARNING TO READ EARLY AND WELL, SPECIICALLY READING ON GRADE-LEVEL BY THE COMPLETION OF THIRD GRADE.
Activities or mission (Part I)
EARLY CHILDHOOD LITERACY
-
THE ORGANIZATION PROVIDES SUPPORT TO FAMILIES AND CAREGIVERS WITH TRAINING AND RESOURCES RELATED TO EARLY LEARNING.
Expenses $1,087,346 · Revenue $1,245,542
As filed on the 2022 return.
Listed in Part VII
-
Kristin NorellKRISTIN NORELL
EXECUTIVE DI
- Total calculated
- $150,720
- From this org
- $150,720
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,720
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $150,720
-
Minerva OsgoodMINERVA OSGOOD
PROGRAM DIRE
- Total calculated
- $114,416
- From this org
- $114,416
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Nancy KerrNANCY KERR
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Bailey WeissBAILEY WEISS
VICE-PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl DellCHERYL DELL
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Janice FoxJANICE FOX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sally KimSALLY KIM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rufus FridayRUFUS FRIDAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410809349300646
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