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READING EDUCATION FOUNDATION INC: Form 990EZ, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
READING EDUCATION FOUNDATION INC (EIN 04-3655838)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-01-16
IRS object ID
202500169349201305
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-01-16T07:48:43-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN043014517PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1YOSHIDA & SOKOLSKI PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line124 HARTWELL AVENUE 1AAddressLine1Txt
CityLEXINGTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02421ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043655838EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1READING EDUCATION FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlREADBusinessNameControlTxt
Phone7816401064PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 265AddressLine1Txt
CityREADINGCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01867ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAURA O'NEILLPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7816401064PhoneNum
Signature2025-01-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMAUREEN M KYNOCH CPAPreparerPersonNm
PTINP00106095PTIN
Phone7812731010PhoneNum
Preparation2025-01-16PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressWWW.READINGEF.ORGWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$46,726GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$2,823ContributionsGiftsGrantsEtcAmt
Fundraising Gross Income$43,903FundraisingGrossIncomeAmt
Special Events Direct Expenses$5,085SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$38,818SpecialEventsNetIncomeLossAmt
Total Revenue$41,641TotalRevenueAmt
Grants And Similar Amounts Paid$52,280GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$1,093FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$968OccupancyRentUtltsAndMaintAmt
Other Expenses Total$3,810OtherExpensesTotalAmt
Total Expenses$58,151TotalExpensesAmt
Excess Or Deficit For Year-$16,510ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$31,057NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$14,547NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$31,057BOYAmt
EOY$14,547EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$31,057BOYAmt
EOY$14,547EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$31,057BOYAmt
EOY$14,547EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTO RAISE MONEY THROUGH FUNDRAISING AND DONATIONS TO FUND INNOVATIVE TECHNOLOGY AND TEACHER GRANTS FOR THE READING, MA PUBLIC SCHOOL SYSTEM.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomTO RAISE MONEY THROUGH FUNDRAISING AND DONATIONS TO FUND INNOVATIVE TECHNOLOGY AND TEACHER GRANTS FOR THE READING, MA PUBLIC SCHOOL SYSTEMDescriptionProgramSrvcAccomTxt
Grants And Allocations$52,280GrantsAndAllocationsAmt
Program Service Expenses$55,858ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$55,858TotalProgramServiceExpensesAmt
Info In Schedule O Part IVYes (X)InfoInScheduleOPartIVInd

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (12 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LAURA O'NEILL
PRESIDENT15.00$0$0$0
LAURA FUSCO
VICE PRESIDENT10.00$0$0$0
RAJWINDER KAUR
TREASURER15.00$0$0$0
REBECCA SCHROMM
SECRETARY15.00$0$0$0
MEGAN FIDLER-CAREY
DIRECTOR10.00$0$0$0
DEBBIE HATTERY
DIRECTOR10.00$0$0$0
ANDREA NELSON
DIRECTOR10.00$0$0$0
JESSICA LYNCH
DIRECTOR10.00$0$0$0
KRISTA MACARI
DIRECTOR10.00$0$0$0
NEIL TAYLOR
DIRECTOR10.00$0$0$0
ALEXIS MCDERMOTT
DIRECTOR10.00$0$0$0
EMILY JAMES
DIRECTOR10.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAURA O'NEILLBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line123 RACHEL ROADAddressLine1Txt
CityREADINGCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01867ZIPCd
FieldValueIRS element (for citing)
Phone7817791905PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,146CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,107CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,235CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,640CurrentTaxYearMinus1YearAmt
Current Tax Year$2,823CurrentTaxYearAmt
Total$16,951TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$47,443CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,348CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$43,881CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$45,975CurrentTaxYearMinus1YearAmt
Current Tax Year$43,903CurrentTaxYearAmt
Total$183,550TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$48,589CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,455CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$47,116CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$47,615CurrentTaxYearMinus1YearAmt
Current Tax Year$46,726CurrentTaxYearAmt
Total$200,501TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$200,501PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$48,589CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,455CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$47,116CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$47,615CurrentTaxYearMinus1YearAmt
Current Tax Year$46,726CurrentTaxYearAmt
Total$200,501TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1FESTIVAL OF TREESEvent1Nm
Gross Receipts Event1$43,903GrossReceiptsEvent1Amt
Gross Revenue Event1$43,903GrossRevenueEvent1Amt
Other Direct Expenses Event1$5,085OtherDirectExpensesEvent1Amt
Gross Receipts Total$43,903GrossReceiptsTotalAmt
Gross Revenue Total Events$43,903GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$5,085OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$5,085DirectExpenseSummaryEventsAmt
Net Income Summary$38,818NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: GRANTS TO TOWN OF READING, MA FOR TEACHER GRANTS & INNOVATIVE TECHNOLOGY. GRANTEE NAME: TOWN OF READING, MASSACHUSETTS. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 52,280. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 52,280.
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: INSURANCE. AMOUNT: 683. DESCRIPTION: MARKETING. AMOUNT: 1,119. DESCRIPTION: OTHER OPERATING EXPENSES. AMOUNT: 295. DESCRIPTION: OTHER ADMINISTRATIVE. AMOUNT: 486. DESCRIPTION: FUNDRAISING EXPENSES. AMOUNT: 1,191. DESCRIPTION: FILING FEES. AMOUNT: 36. TOTAL TO FORM 990-EZ, LINE 16: 3,810.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.DeclarationDesc

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