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Nonprofiteer
← OUR KIDS READ ASSOCIATION

Form 990 for tax year 2023

Filed by OUR KIDS READ ASSOCIATION.

Totals

Total revenue
$311,838
Total expenses
$340,930
Contributions and grants received
$311,838
Grants paid
$211,180
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$5,583
Total liabilities, end of year
$44,577
Net assets or fund balances, end of year
-$38,994
Program services expenses (Part IX)
$310,842
Management and general expenses
$28,588
Fundraising expenses
$1,500
Program service expenses (Part III)
$310,842

Program services were 91.2% 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

    $311,838

  • 1g · Noncash contributions included above

    $193,015

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $211,180 · program services $211,180

  • 11b · Fees: legal

    total $775 · management and general $775

  • 11c · Fees: accounting

    total $6,407 · management and general $6,407

  • 11g · Fees: other

    total $32,693 · program services $32,693

  • 12 · Advertising and promotion

    total $4,596 · program services $3,907 · management and general $689

  • 13 · Office expenses

    total $17,079 · program services $14,516 · management and general $2,563

  • 14 · Information technology

    total $19,909 · program services $16,923 · management and general $2,986

  • 16 · Occupancy

    total $2,349 · program services $1,997 · management and general $352

  • 17 · Travel

    total $22,813 · program services $19,391 · management and general $3,422

  • 24a · Other expenses: PROGRAM EXPENSES

    total $10,235 · program services $10,235

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $6,708 · management and general $6,708

  • 24c · Other expenses: MERCHANT ACCOUNT FEES

    total $1,564 · management and general $1,564

  • 24d · Other expenses: FUNDRAISING ACTIVITIES

    total $1,500 · fundraising $1,500

  • 24e · All other expenses

    total $3,122 · management and general $3,122

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,891 · end of year $3,578

  • 2 · Savings and temporary cash investments

    end of year $5

  • 3 · Pledges and grants receivable

    end of year $2,000

  • 8 · Inventories for sale or use

    beginning of year $15,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,887 · end of year $11,546

  • 22 · Loans and payables to officers and key people

    beginning of year $24,915 · end of year $33,031

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$9,911 · end of year -$38,994

Mission and programs · 2023

Mission

OUR MISSION IS TO PROMOTE THE LOVE OF PHYSICALLY DIVERSE BOOKS WITH CHILDREN AGES 4-12 AND TO USE TECHNOLOGY TO CONNECT OUR STUDENTS AND MENTORS WITH DIVERSE BOOKS THAT ENCOURAGE, INSPIRE, AND EDUCATE.

Activities or mission (Part I)

TO PROMOTE THE LOVE OF PHYSICAL DIVERSE BOOKS WITH CHILDREN AGES 4-12.

  • READING (AND BEING READ TO) HAS BEEN LINKED TO ALL SORTS OF AMAZING BENEFITS, INCLUDING ENHANCING CREATIVITY, RELEASING ENDORPHINS (POSITIVE EFFECT ON MOOD), INCREASING EMPATHY, DECREASING STRESS, ENHANCING MEMORY, IMPROVING SCHOOL PERFORMANCE, AND INCREASING VOCABULARY. IN ADDITION, A LONG-TERM STUDY BY THE ANNE E. CASEY FOUNDATION FOUND THAT STUDENTS WHO WERE NOT PROFICIENT IN READING BY THE END OF THIRD GRADE WERE FOUR TIMES MORE LIKELY TO DROP OUT OF HIGH SCHOOL THAN PROFICIENT READERS. THE STUDY FURTHER CONCLUDED THAT 88 PERCENT OF STUDENTS WHO FAILED TO EARN A HIGH SCHOOL DIPLOMA WERE STRUGGLING READERS IN THIRD GRADE.OUR KIDS READ IS THEREFORE FOCUSING ON PRE-K THROUGH 5TH GRADE AS THE TARGET FOR OUR READING PROGRAMS IN HOPES OF CREATING LIFELONG READERS TO REAP THE BENEFITS OF READING AND ALL OF ITS BENEFITS.

    Expenses $248,674 · Grants $211,180

  • THE OUR KIDS READ "REMOTE READING BUDDIES" PROGRAM CONNECTS WHITE AND BLUE-COLLAR PROFESSIONALS, RETIREES, AND HIGH SCHOOL STUDENTS LOOKING TO SATISFY THEIR COMMUNITY SERVICE HOURS WITH YOUNG PEOPLE IN OUR PROGRAMS WHO ARE BEHIND IN THEIR READING SKILLS. WE RECRUIT FROM LARGE AND SMALL COMPANIES, LOOKING FOR INDIVIDUALS WHO CAN SPARE AT LEAST 30 MINUTES PER WEEK TO READ TO A CHILD (MINIMUM 8-WEEK COMMITMENT). WE AIM TO EXPAND THE READING BUDDIES PROGRAM EXPONENTIALLY OVER THE NEXT FEW YEARS: 250 READING BUDDIES IN 2024, AND 1,000 READING BUDDIES IN 2025.

    Expenses $62,168

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jahmal Lake

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    16

  • Myrleen Springer

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Denise Doig

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Vanessa Fernandez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Marquis Parker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Kamil Ali-Jackson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Karen Ali

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

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

  • POP-UP IN THE PARK - THOMAS JEFFERSON PARK

    $0

    DONATED BOOKS FOR READING PROGRAM

  • COMMUNITY SCHOOL DISTRICT 9

    $0

    DONATED BOOKS FOR READING PROGRAM

  • WOMEN IN NEED SHELTER

    $0

    DONATED BOOKS FOR READING PROGRAM

  • HARLEM HOLIDAY LITERACY EXTRAVAGANZA

    $0

    DONATED BOOKS FOR READING PROGRAM

  • PRINCETON UNIVERSITY CLASS OF 1979 AND APGA SERVICE EVENT

    $0

    DONATED BOOKS FOR READING PROGRAM

  • NIKE GLOBAL HQ

    $0

    DONATED BOOKS FOR READING PROGRAM

  • JEROME BETTIS THE BUS STOPS HERE FOUNDATION

    $0

    DONATED BOOKS FOR READING PROGRAM

  • HARLEM WEEK CHILDREN'S FESTIVAL

    $0

    DONATED BOOKS FOR READING PROGRAM

  • PS 152 EVERGREEN ELEMENTARY SCHOOL

    $0

    DONATED BOOKS FOR READING PROGRAM

  • STOREFRONT ACADEMY CHARTER SCHOOLS - HARLEN & SOUTH BRONX

    $0

    DONATED BOOKS FOR READING PROGRAM

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202403209349321250

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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