Read To Succeed Inc in Murfreesboro, Tennessee (TN)
Table of contents:
| Read To Succeed Inc | |
| Employer Identification Number (EIN) | 200175948 |
| Name of Organization | Read To Succeed Inc |
| In Care of Name | Lisa Mitchell |
| Address | 2627 Big Eagle Trl, Murfreesboro, TN 37127-8364 |
| Subsection | Educational Organization |
| Ruling Date | 12/2005 |
| 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 | 06/2014 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $85,694 |
| Amount of Income | $164,965 |
| Form 990 Revenue Amount | $161,302 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Remedial Reading, Reading Encouragement |
Non-representatives - add comments:
Amount of income in 2014: $164,965 (it was $111,653 in 2013)
| This organization: | $164,965 |
| Other organizations performing similar types of work: | $60,013 |
Assets in 2014: $85,694 (it was $76,746 in 2013)
| Read To Succeed Inc: | $85,694 |
| Other organizations performing similar types of work: | $24,444 |
Expenses in 2014: $145,305
| This organization: | $145,305 |
| Other organizations performing similar types of work: | $56,929 |
Income to expenses ratio in 2014: 1.1
| Read To Succeed Inc: | 1.1 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 63.6%
| This organization: | 63.6% |
| Other organizations performing similar types of work: | 98.2% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $139,899 | $108,956 | $161,302 |
| Contributions, gifts, grants, and similar amounts received | $86,695 | $43,373 | $102,578 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $171 | $138 | $129 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $47,782 | $57,942 | $58,595 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $50,400 | $60,639 | $62,258 |
| Less: direct expenses from gaming and fundraising events | $2,618 | $2,697 | $3,663 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $5,251 | $7,503 | $0 |
| Total expenses | $117,428 | $157,728 | $145,305 |
| Total net assets | $94,656 | $49,180 | $65,334 |
| Excess/Deficit for the year | $22,471 | $-48,772 | $15,997 |
| Net assets or fund balances at beginning of year | $74,826 | $94,656 | $49,180 |
| Other changes in net assets or fund balances | $-2,641 | $3,296 | $157 |
| Net assets or fund balances at end of year | $49,180 | $65,334 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $96,312 | $76,746 | $85,694 |
| Total liabilities | $1,656 | $27,566 | $20,360 |
| Net assets or fund balances | $94,656 | $49,180 | $65,334 |
| 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 a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public Support | $605,064 |
| Subtotal Support | $605,064 |
| Gifts, grants, contributions, and membership fees received | $605,064 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $618,509 |
| Public Support | $605,064 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $691 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $12,754 |
| Gross receipts from related activities, etc. | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Joy Center Inc in Lebanon, TN
 |
| Dandridge Lions Club in Dandridge, TN |
Generation Changers Church in Nashville, TN
 |
|
Faith Charities in Luttrell, TN
|
| Prancing Tigerettes Inc in Memphis, TN |
|
South Central Kingsport Community Development Inc in Kingsport, TN
|
|
Jw Community Resources Inc in Germantown, TN
|
|
Miracles In Motion Inter Healing Center, Sam Corley Ministries in Hendersonville, TN
|
|
St Sampson Medical Clinic in Nashville, TN
|
|
Chattanooga Deaf Community Center in Chattanooga, TN
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Ride For Reading Inc | 1302 Plymouth Avenue, Nashville, TN 37216 | TN | 2008-08 | $198,060 |
| 2 | Read To Succeed Inc | 2627 Big Eagle Trl, Murfreesboro, TN 37127-8364 | TN | 2005-12 | $164,965 |
| 3 | East Nashville Hope Exchange Inc | 419 Woodland Street, Nashville, TN 37206 | TN | 2011-05 | $90,064 |
| 4 | Nashville Sounds Foundation | 534 Chestnut St, Nashville, TN 37203-4803 | TN | 2004-10 | $77,947 |
| 5 | Sullivan County Imagination Library | 149 Pactolus Rd, Kingsport, TN 37663-3057 | TN | 2009-08 | $64,202 |
| 6 | Center Of Destiny Incorporated, Mid South Destiny Center | 7027 Millers Glen Way, Memphis, TN 38125 | TN | 2008-07 | $5,526 |
| 7 | Realsports Leadership Academy Inc | Po Box 282084, Nashville, TN 37228 | TN | 2004-09 | $5,025 |
| 8 | Adult Basic Literacy Education For Monroe County | Po Box 1105, Madisonville, TN 37354 | TN | 2012-06 | $0 |
| 9 | Black Writers And Book Clubs Literacy Association, Black Writers And Book Clubs Literacy Festival | 105 Weaver Fields Lane 104, Memphis, TN 38109 | TN | 2015-02 | $0 |
| 10 | Bledsoe County Literacy Council | 933 Sequatchie Road, Pieville, TN 37367 | TN | 2002-12 | $0 |
| 11 | Community Life Center | 14804 Old Hickory Blvd, Antioch, TN 37013-4207 | TN | 2006-04 | $0 |
| 12 | Community Of St Therese Of Lisieux, Lisieuxcommunity | P O Box 11466, Memphis, TN 38111-0466 | TN | 2011-08 | $0 |
| 13 | Educational Enhancement Center | 784 Walker Rd Apt C, Jackson, TN 38305-3679 | TN | 2002-02 | $0 |
| 14 | Friends Of The Argie Cooper Public Library | 100 S Main Street, Shelbyville, TN 37160-3904 | TN | 2009-04 | $0 |
| 15 | Global Community Economic Development Corporation Nfp | 5100 Wyoming Avenue, Nashville, TN 37209 | TN | 2013-02 | $0 |
| 16 | Grainger County Imagination Library | Po Box 158, Rutledge, TN 37861 | TN | 2010-02 | $0 |
| 17 | Hardeman County Imagination Library | Po Box 501, Bolivar, TN 38008 | TN | 2011-01 | $0 |
| 18 | Haywood County Reading Railroad | PO BOX 25, Brownsville, TN 38012-0025 | TN | 2015-02 | $0 |
| 19 | Homeward Bound | 117 W Smith St, Gallatin, TN 37066 | TN | 2008-04 | $0 |
| 20 | L A C Looking Absolutely Clean | 2311 Burns St, Nashville, TN 37216-3849 | TN | 2010-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,535 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Read To Succeed Inc »
Non-representatives - add comments about Read To Succeed Inc»