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Nonprofiteer
← THE READING FOUNDATION

Form 990 for tax year 2023

Filed by THE READING FOUNDATION.

Totals

Total revenue
$786,141
Total expenses
$754,686
Contributions and grants received
$109,130
Grants paid
$0
Program service revenue
$394,679
Investment income
$26,357
Other revenue
$255,975
Total assets, end of year
$661,483
Total liabilities, end of year
$47,976
Net assets or fund balances, end of year
$613,507
Program services expenses (Part IX)
$586,269
Management and general expenses
$165,166
Fundraising expenses
$3,251
Program service expenses (Part III)
$586,269

Program services were 77.7% 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

    $109,130

  • 1g · Noncash contributions included above

    $14,251

  • 2a · Program service revenue: PROGRAM CONTRACTS

    total $356,468 · related or exempt $356,468

  • 2b · Program service revenue: COMMUNITY PROGRAM SUPPORT

    total $31,178 · related or exempt $31,178

  • 2c · Program service revenue: MISCELLANEOUS

    total $7,033 · related or exempt $7,033

  • 3 · Investment income

    total $26,357 · related or exempt $26,357

  • 8a · Fundraising events: gross income

    $320,366

  • 8b · Fundraising events: direct expenses

    $64,391

  • 8c · Net income from fundraising events

    total $255,975 · excluded $255,975

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $387,932 · program services $280,139 · management and general $107,793

  • 11g · Fees: other

    total $28,691 · management and general $28,691

  • 13 · Office expenses

    total $4,851 · program services $2,868 · management and general $1,472 · fundraising $511

  • 16 · Occupancy

    total $11,400 · program services $8,232 · management and general $3,168

  • 19 · Conferences, conventions and meetings

    total $3,959 · program services $1,441 · management and general $2,518

  • 23 · Insurance

    total $8,628 · program services $6,231 · management and general $2,397

  • 24a · Other expenses: BOOKS & PROG. MATERIALS

    total $260,632 · program services $260,632

  • 24b · Other expenses: SUPPLIES

    total $21,079 · program services $9,355 · management and general $9,491 · fundraising $2,233

  • 24c · Other expenses: MISCELLANEOUS

    total $14,778 · program services $7,350 · management and general $6,921 · fundraising $507

  • 24d · Other expenses: MARKETING

    total $12,736 · program services $10,021 · management and general $2,715

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $472,023 · end of year $259,010

  • 2 · Savings and temporary cash investments

    beginning of year $67,824 · end of year $335,568

  • 4 · Accounts receivable

    beginning of year $29,700 · end of year $50,900

  • 8 · Inventories for sale or use

    beginning of year $23,124 · end of year $6,304

  • 9 · Prepaid expenses and deferred charges

    end of year $9,036

  • 10a · Land, buildings and equipment: cost or other basis

    $12,089

  • 10b · Land, buildings and equipment: accumulated depreciation

    $12,089

  • 15 · Other assets

    beginning of year $1,980 · end of year $665

  • 17 · Accounts payable and accrued expenses

    beginning of year $40,352 · end of year $47,976

  • 27 · Net assets without donor restrictions

    beginning of year $554,299 · end of year $613,507

Mission and programs · 2023

Mission

THE MISSION OF THE CHILDREN'S READING FOUNDATION OF THE MID-COLUMBIA IS TO ENCOURAGE AND EDUCATE FAMILIES AND CARE GIVERS ABOUT THEIR IMPORTANT ROLE IN RAISING A READER, SUPPORT SCHOOLS IN ASSURING THAT CHILDREN READ ON GRADE LEVEL BY THE END OF THIRD GRADE, AND FACILITATE COMMUNITY INVOLVEMENT IN HELPING YOUNG READERS BE SUCCESSFUL.

  • READY FOR KINDERGARTEN - MANAGE PROGRAM THAT PROVIDES TOOLS AND INFORMATION TO PARENT-PARTICIPANTS, KENNEWICK CHILDCARE PROVIDERS, AND FAMILIES EACH YEAR IN ORDER TO PREPARE CHILDREN FOR KINDERGARTEN WITH AN EMPHASIS ON READING. RESEARCH SHOWS AN INCREASED PERCENTAGE OF KINDERGARTEN STUDENTS ENTERING SCHOOL WITH AGE-APPROPRIATED LANGUAGE AND LITERACY SKILLS FOLLOWING PARTICIPATION IN PARENT EDUCATION INITIATIVES. TEAM READ - WORKS WITH OVER STRUGGLING READERS THROUGH THE USE OF VOLUNTEER TUTORS. MORE THAN 6,600 TUTORING HOURS ARE PROVIDED EACH YEAR.

    Expenses $586,269

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

Listed in Part VII

  • Rick Holmes

    PRESIDENT

    Total calculated
    $0
  • Joy Holmes

    VICE PRESIDE

    Total calculated
    $0
  • Catriona Milgate

    SECRETARY

    Total calculated
    $0
  • Walter Timmons

    TREASURER

    Total calculated
    $0
  • Jenny Johnson

    PAST PRESIDE

    Total calculated
    $0
  • Suzanne Heaston

    ADVISOR

    Total calculated
    $0
  • Nancy Kerr

    DIRECTOR

    Total calculated
    $0
  • Steve Palm

    DIRECTOR

    Total calculated
    $0
  • Julie Nelson

    DIRECTOR

    Total calculated
    $0
  • Lupe Rojas

    DIRECTOR

    Total calculated
    $0
  • Patricia Covert

    DIRECTOR

    Total calculated
    $0
  • Jenni Rorriguez

    DIRECTOR

    Total calculated
    $0
  • Christina Viera

    DIRECTOR

    Total calculated
    $0
  • Nicolette Spanner

    DIRECTOR

    Total calculated
    $0
  • Katie Charron

    DIRECTOR

    Total calculated
    $0
  • Katie Hatfield

    DIRECTOR

    Total calculated
    $0
  • Scott Vance

    DIRECTOR

    Total calculated
    $0
  • Suzi Waddill-Goad

    DIRECTOR

    Total calculated
    $0
  • Edison Valerio

    DIRECTOR

    Total calculated
    $0

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
5 May 2025
IRS schema version
2023v6.0
Source object
202541329349306839

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