Reading Works Inc in Albuquerque, New Mexico (NM)
Table of contents:
Reading Works Inc | |
Employer Identification Number (EIN) | 412235848 |
Name of Organization | Reading Works Inc |
In Care of Name | Margaret Barker |
Address | Po Box 20478, Albuquerque, NM 87154 |
Subsection | Educational Organization |
Ruling Date | 09/2007 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 2009 |
Assets | $25,000 to $99,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $26,559 |
Amount of Income | $87,989 |
Form 990 Revenue Amount | $84,053 |
National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Adult, Continuing Education |
Non-representatives - add comments:
Amount of income in 2009: $87,989 (it was $84,053 in 2014)
This organization: | $87,989 |
Other organizations performing similar types of work: | $80,291 |
Assets in 2009: $26,559 (it was $26,559 in 2014)
Reading Works Inc: | $26,559 |
Other organizations performing similar types of work: | $37,351 |
Expenses in 2014: $91,355
Reading Works Inc: | $91,355 |
Other organizations performing similar types of work: | $69,433 |
Income to expenses ratio in 2014: 1.0
This organization: | 1.0 |
Other organizations performing similar types of work: | 0.9 |
Grants share in income in 2014: 59.8%
This organization: | 59.8% |
Other organizations performing similar types of work: | 33.2% |
Revenue for 2014
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2012 | 2013 | 2014 | |
---|---|---|---|
Total revenue | $41,504 | $58,061 | $84,053 |
Contributions, gifts, grants, and similar amounts received | $39,646 | $47,052 | $50,289 |
Program service revenue including government fees and contracts | $0 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $0 | $0 | $0 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $1,738 | $-362 | $8,103 |
Gross income from gaming | $0 | $0 | $0 |
Gross income from fundraising events | $2,752 | $7,553 | $12,039 |
Less: direct expenses from gaming and fundraising events | $1,014 | $7,915 | $3,936 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 |
Other revenue | $120 | $11,371 | $25,661 |
Total expenses | $41,140 | $45,814 | $91,355 |
Total net assets | $9,678 | $22,700 | $15,398 |
Excess/Deficit for the year | $364 | $12,247 | $-7,302 |
Net assets or fund balances at beginning of year | $11,418 | $9,678 | $22,700 |
Other changes in net assets or fund balances | $-2,104 | $775 | $0 |
Net assets or fund balances at end of year | $22,700 | $15,398 |
Balance Sheets | |||
2012 | 2013 | 2014 | |
---|---|---|---|
Total assets | $9,678 | $23,204 | $26,559 |
Total liabilities | $0 | $504 | $11,161 |
Net assets or fund balances | $9,678 | $22,700 | $15,398 |
Other Information | |||
2012 | 2013 | 2014 | |
---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
Were any significant changes made to the organizing or governing documents? | No | No | |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
Has the organization filed a Form 990-T for the year? | No | No | |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
Amount of political expenditures, direct or indirect | $0 | $0 | |
Did the organization file Form 1120-POL for this year? | No | No | |
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
Total amount involved | $0 | $0 | |
Initiation fees and capital contributions | $0 | $0 | $0 |
Gross receipts for public use of club facilities | $0 | $0 | $0 |
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
Reason for Public Charity Status (for 2014) | |
The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
2010 - 2014 Total | |
---|---|
Public support | $221,929 |
Subtotal | $221,929 |
Gifts, grants, contributions, and membership fees received | $221,929 |
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
Less | $0 |
Amounts received from disqualified persons | $0 |
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
Total support | $221,929 |
Public support | $221,929 |
Subtotal | $0 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Shumei International Institute Inc | PO BOX 998, Crestone, CO 81131-0998 | CO | 2003-08 | $1,016,611 |
2 | World Institue For Action Learning Inc | 1688 Moorings Dr, Reston, VA 20190-4225 | VA | 2008-01 | $59,810 |
3 | Utilities Telecommunications And Energy Coalition Of Wv Inc | Po Box 11630, Charleston, WV 25339-1630 | WV | 2008-07 | $30,750 |
4 | Vallecitos Mountain Refuge | PO BOX 4433, Santa Fe, NM 87502-4433 | NM | 2000-06 | $511,224 |
5 | Tepeyac Consortium Inc | PO BOX 3997, Yatahey, NM 87375-3997 | NM | 1997-03 | $163,935 |
6 | Literacy Volunteers Of America, Santa Fe Inc | 6401 Richards Avenue No 514a, Santa Fe, NM 87508-4887 | NM | 2010-06 | $100,435 |
7 | White Sands Soaring Foundation Inc | Po Box 1200, Alamogordo, NM 88311-1200 | NM | 2012-07 | $91,500 |
8 | Reading Works Inc | Po Box 20478, Albuquerque, NM 87154 | NM | 2007-09 | $87,989 |
9 | Valencia County Literacy Council | 280 La Entrada Rd, Los Lunas, NM 87031-7633 | NM | 2004-02 | $87,229 |
10 | Center For Shamanic Education Andexchange | 806 Gonzales Rd, Santa Fe, NM 87501-8925 | NM | 2012-07 | $58,013 |
11 | Las Manos De Christine Inc | 824 Canterbury Arc, Las Cruces, NM 88005 | NM | 2008-10 | $27,868 |
12 | New Mexico Adult Education Association | 5007 Night Hawk Dr Ne, Rio Rancho, NM 87144 | NM | 2007-10 | $5,358 |
13 | Mountain Chief Institute A Center For Tribal Excellence Inc | 161 Sagebrush Dr, Corrales, NM 87048 | NM | 2007-09 | $1,207 |
14 | New Mexico Garden Clubs Inc | Po Box 650, Elephant Butte, NM 87935 | NM | 1954-07 | $661 |
15 | Academic Social Innovation | 1501 Montano St Apt 39, Santa Fe, NM 87505 | NM | 2014-12 | $0 |
16 | Albuquerque Network Of Spiritual Progressives | 8407 Los Arboles Ave, Albuquerque, NM 87112 | NM | 2006-06 | $0 |
17 | Ardantane Incorporated, Ardantane | PO BOX 1107, Los Alamos, NM 87544-1107 | NM | 2001-08 | $0 |
18 | Bear Canyon Computer Instruction Club | P O Box 21995, Albuquerque, NM 87154-1995 | NM | 2001-05 | $0 |
19 | Casa Flamenca Inc | 401 Rio Grande Blvd Nw, Albuquerque, NM 87104 | NM | 2013-03 | $0 |
20 | Chapter 12 Disabled American Veterans, 12 Taos | 330 Paseo Del Pueblo Sur Ste D, Taos, NM 87571-5328 | NM | 2014-07 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 4,811 |
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