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← KIDS NEED TO READ

Form 990 for tax year 2023

Filed by KIDS NEED TO READ.

Totals

Total revenue
$718,945
Total expenses
$1,406,781
Contributions and grants received
$718,813
Grants paid
$1,238,839
Program service revenue
$0
Investment income
$132
Other revenue
$0
Total assets, end of year
$1,026,169
Total liabilities, end of year
$2,393
Net assets or fund balances, end of year
$1,023,776
Program services expenses (Part IX)
$1,351,276
Management and general expenses
$39,832
Fundraising expenses
$15,673
Program service expenses (Part III)
$1,351,276

Program services were 96.1% 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.

  • 1c · Fundraising events

    $23,461

  • 1f · All other contributions, gifts and grants

    $695,352

  • 1g · Noncash contributions included above

    $527,472

  • 3 · Investment income

    total $513 · excluded $513

  • 7b · Less cost or other basis and sales expenses

    securities $381

  • 7c · Gain or loss

    securities -$381

  • 7d · Net gain or loss

    total -$381 · excluded -$381

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $23,461

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,238,839 · program services $1,238,839

  • 5 · Compensation of officers, directors and key employees

    total $51,738 · program services $36,216 · management and general $7,761 · fundraising $7,761

  • 7 · Other salaries and wages

    total $33,328 · program services $26,443 · management and general $3,264 · fundraising $3,621

  • 10 · Payroll taxes

    total $6,561 · program services $4,827 · management and general $881 · fundraising $853

  • 11b · Fees: legal

    total $1,150 · management and general $1,150

  • 11c · Fees: accounting

    total $9,276 · management and general $9,276

  • 11f · Fees: investment management

    total $778 · management and general $778

  • 13 · Office expenses

    total $5,975 · management and general $5,796 · fundraising $179

  • 16 · Occupancy

    total $36,416 · program services $32,386 · management and general $2,145 · fundraising $1,885

  • 17 · Travel

    total $419 · fundraising $419

  • 20 · Interest

    total $923 · management and general $923

  • 23 · Insurance

    total $6,480 · management and general $6,480

  • 24a · Other expenses: MATERIALS AND SUPPLIES

    total $8,213 · program services $7,151 · management and general $980 · fundraising $82

  • 24b · Other expenses: SHIPPING

    total $4,981 · program services $4,839 · management and general $4 · fundraising $138

  • 24c · Other expenses: SPECIAL EVENT

    total $1,150 · program services $575 · fundraising $575

  • 24d · Other expenses: OTHER EXPENSES

    total $488 · management and general $394 · fundraising $94

  • 24e · All other expenses

    total $66 · fundraising $66

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $39,145 · end of year $65,331

  • 3 · Pledges and grants receivable

    beginning of year $507 · end of year $871

  • 8 · Inventories for sale or use

    beginning of year $1,639,081 · end of year $958,067

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,451

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

    $29,350

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

    $29,350

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $34,370

  • 15 · Other assets

    beginning of year $2,941 · end of year $1,900

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,401 · end of year $2,393

  • 27 · Net assets without donor restrictions

    beginning of year $1,676,724 · end of year $1,023,776

  • 28 · Net assets with donor restrictions

    beginning of year $34,370 · end of year $0

Mission and programs · 2023

Mission

KIDS NEED TO READ HELPS CHILDREN TO DISCOVER THE JOY OF READING AND THE POWER OF A LITERATE MIND BY PROVIDING INSPIRING BOOKS AND LITERACY PROGRAMS TO UNDERFUNDED SCHOOLS, LIBRARIES, AND COMMUNITY AGENCIES ACROSS THE UNITED STATES, ESPECIALLY THOSE SERVING DISADVANTAGED CHILDREN.

Activities or mission (Part I)

PROVIDING BOOKS TO CHILDREN AND ORGANIZATIONS THAT SERVE CHILDREN, ESPECIALLY DISADVANTAGED CHILDREN.

  • GRANTS TO PROVIDE BOOKS TO DISADVANTAGED CHILDREN THROUGH UNDERFUNDED SCHOOLS, LIBRARIES AND LITERACY PROGRAMS. THE PROGRAM SUPPORTS LITERACY AND GRADUATION RATES AMONG OUR NATION'S YOUTH.

    Expenses $1,351,276 · Grants $1,238,839 · Revenue $718,022

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

Listed in Part VII

  • Tyson Breinholt

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Heather Miller

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Bruce Matsunaga PhD

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Diane Elhard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Kim Obrien

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Gary Mlodzik

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tina Mlodzik

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Boudrie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Denise Gary

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Jessica Payne

    EXECUTIVE DIRECTOR

    Total calculated
    $51,738
    From this org
    $51,738
    From related orgs
    $0
    Other
    $0
    Hours/week
    60

  • Tiffany Ellington

    DIRECTOR

    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

  • GILBERT ELEMENTARY SCHOOL

    $0

    READING RESOURCES PROVIDED TO UNDERFUNDED LITERACY PROGRAMS TO INCREASE READING PROFICIENCY LEVELS AMONG DISADVANTAGED CHILDREN.

  • BURK ELEMENTARY

    $0

    READING RESOURCES PROVIDED TO UNDERFUNDED LITERACY PROGRAMS TO INCREASE READING PROFICIENCY LEVELS AMONG DISADVANTAGED CHILDREN.

  • PORTER ELEMENTARY

    $0

    READING RESOURCES PROVIDED TO UNDERFUNDED LITERACY PROGRAMS TO INCREASE READING PROFICIENCY LEVELS AMONG DISADVANTAGED CHILDREN.

  • MILITARY SUPPORT FOUNDATION

    $0

    READING RESOURCES PROVIDED TO UNDERFUNDED LITERACY PROGRAMS TO INCREASE READING PROFICIENCY LEVELS AMONG DISADVANTAGED CHILDREN.

  • JOSEPH ZITO SCHOOL

    $0

    READING RESOURCES PROVIDED TO UNDERFUNDED LITERACY PROGRAMS TO INCREASE READING PROFICIENCY LEVELS AMONG DISADVANTAGED CHILDREN.

  • MESA PUBLIC LIBRARY

    $0

    READING RESOURCES PROVIDED TO UNDERFUNDED LITERACY PROGRAMS TO INCREASE READING PROFICIENCY LEVELS AMONG DISADVANTAGED CHILDREN.

  • MOUNTAIN VIEW SCHOOL

    $0

    READING RESOURCES PROVIDED TO UNDERFUNDED LITERACY PROGRAMS TO INCREASE READING PROFICIENCY LEVELS AMONG DISADVANTAGED CHILDREN.

  • MESA PUBLIC SCHOOLS

    $0

    READING RESOURCES PROVIDED TO UNDERFUNDED LITERACY PROGRAMS TO INCREASE READING PROFICIENCY LEVELS AMONG DISADVANTAGED CHILDREN.

  • CACTUS WREN ELEMENTARY

    $0

    READING RESOURCES PROVIDED TO UNDERFUNDED LITERACY PROGRAMS TO INCREASE READING PROFICIENCY LEVELS AMONG DISADVANTAGED CHILDREN.

  • OFFICE OF PINAL COUNTY ATTORNEY

    $0

    READING RESOURCES PROVIDED TO UNDERFUNDED LITERACY PROGRAMS TO INCREASE READING PROFICIENCY LEVELS AMONG DISADVANTAGED CHILDREN.

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

Provenance

Return type
form_990
Tax year
2023
Filed
16 January 2025
IRS schema version
2023v6.0
Source object
202510319349301646

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

The source document this was parsed from is served over the API, which is where bulk and document access live.