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READING & MATH INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
READING & MATH INC (EIN 47-2306902)
Tax period
2019-08-01 to 2020-07-31
Filed
2020-12-10
IRS object ID
202023459349301007
Schema version
2019v5.1
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)
Return2020-12-10T10:53:24-06:00ReturnTs
Tax Period End2020-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN411431613PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BERGANKDV LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1220 PARK AVE SAddressLine1Txt
CityST CLOUDCityNm
State AbbreviationMNStateAbbreviationCd
ZIP56301ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN472306902EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1READING AND MATH INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlREADBusinessNameControlTxt
Phone6122063030PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11200 S WASHINGTON AVE NO 310AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55415ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSADIE O'CONNORPersonNm
Person TitleMANAGING DIRECTORPersonTitleTxt
Phone6122063030PhoneNum
Signature2020-12-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARIE PRIMUS CPAPreparerPersonNm
PTINP01272184PTIN
Phone3202517010PhoneNum
Preparation2020-12-02PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerSADIE O'CONNORPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11200 S WASHINGTON AVE NO 310AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55415ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$29,580,314GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SERVETOGROW.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionTO TRANSFORM LIVES WHILE WORKING TO ENGAGE PEOPLE IN NATIONAL SERVICE.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee2094TotalEmployeeCnt
Total Volunteers376TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$27,823,590PYContributionsGrantsAmt
CY Contributions Grants$28,526,434CYContributionsGrantsAmt
PY Program Service Revenue$1,846,382PYProgramServiceRevenueAmt
CY Program Service Revenue$1,032,872CYProgramServiceRevenueAmt
PY Investment Income$87PYInvestmentIncomeAmt
CY Investment Income$2,612CYInvestmentIncomeAmt
PY Other Revenue$56,671PYOtherRevenueAmt
CY Other Revenue$18,105CYOtherRevenueAmt
PY Total Revenue$29,726,730PYTotalRevenueAmt
CY Total Revenue$29,580,023CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,119,638PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$9,087,498CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$7,397CYTotalFundraisingExpenseAmt
PY Other Expenses$20,875,115PYOtherExpensesAmt
CY Other Expenses$20,564,848CYOtherExpensesAmt
PY Total Expenses$28,994,753PYTotalExpensesAmt
CY Total Expenses$29,652,346CYTotalExpensesAmt
PY Revenues Less Expenses$731,977PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$72,323CYRevenuesLessExpensesAmt
Total Assets BOY$3,191,030TotalAssetsBOYAmt
Total Assets EOY$2,678,491TotalAssetsEOYAmt
Total Liabilities BOY$1,762,472TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,322,256TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,428,558NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,356,235NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF READING & MATH, INC. IS TO TRANSFORM LIVES. WHILE WORKING TO ENGAGE PEOPLE IN NATIONAL SERVICE, WE FOCUS ON REPLICATING AND EXPANDING EVIDENCE-BASED PROGRAMS TO ADDRESS CRITICAL GAPS IN EDUCATIONAL ACHIEVEMENT, ECONOMIC OPPORTUNITY AND OTHER EMERGING SOCIAL ISSUES.MissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$21,307,403ExpenseAmt
Revenue$143,771RevenueAmt
DescREADING CORPS IS A NATIONAL LITERACY PROGRAM DESIGNED TO HELP MORE CHILDREN BECOME PROFICIENT READERS BY THE END OF THIRD GRADE. A RIGOROUS AND INDEPENDENT EVALUATION BY NORC AT THE UNIVERSITY OF CHICAGO REVEALED THE PROGRAM IS CLOSING THE ACHIEVEMENT GAP. STUDENTS OF COLOR, STUDENTS ELIGIBLE FOR FREE AND REDUCED-PRICE LUNCH AND ENGLISH LEARNERS ARE ACHIEVING OUTCOMES EQUAL TO OR BETTER THAN THEIR PEERS. IN FACT, THOSE WITH HIGHER RISK FACTORS ACTUALLY MADE STRONGER GAINS. FURTHER RESEARCH CONDUCTED BY THE CENTER FOR LEARNING SOLUTIONS HAS INDICATED THAT READING CORPS PARTICIPANTS ARE THREE TIMES LESS LIKELY TO BE ASSIGNED TO SPECIAL EDUCATION THAN NON-PARTICIPANTS, CREATING A PERMANENT BENEFIT TO CHILDREN AND A SIGNIFICANT ONGOING SAVINGS TO SCHOOLS. DURING THE 2019-20 PROGRAM YEAR, READING CORPS SERVED 20,047 STUDENTS IN MINNESOTA, WISCONSIN, CALIFORNIA, AND FLORIDA. THE PROGRAM UTILIZED 71 VOLUNTEERS IN ONE-TIME ROLES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$3,822,392ExpenseAmt
Revenue$179,756RevenueAmt
DescMATH CORPS IS A NATIONAL PROGRAM DESIGNED TO HELP 4TH -8TH GRADERS ACHIEVE PROFICIENCY IN MATH, A CRITICAL GATEWAY SKILL FOR HIGH SCHOOL GRADUATION, COLLEGE ADMISSION AND COLLEGE COMPLETION. AN INDEPENDENT EVALUATION FUNDED BY THE LAURA AND JOHN ARNOLD FOUNDATION FOUND THAT MATH CORPS STUDENTS MADE SIGNIFICANTLY LARGER GAINS IN MATH SKILLS THAN STUDENTS WHO DID NOT RECEIVE MATH CORPS TUTORING. AT THE CONCLUSION OF THE STUDY, MATH CORPS STUDENTS WERE A SEMESTER AHEAD OF THEIR EXPECTED TRAJECTORY. IN ADDITION, MATH CORPS STUDENTS WERE 2X MORE LIKELY TO ACHIEVE MATH FACT FLUENCY AND 2X MORE LIKELY TO MEET END-OF-YEAR MATH BENCHMARKS. DURING THE 2019-20 SCHOOL YEAR, MATH CORPS MEMBERS SERVED 4,316 STUDENTS IN MINNESOTA, MICHIGAN, CALIFORNIA, AND GEORGIA. THE PROGRAM UTILIZED 1 VOLUNTEER.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$1,499,882ExpenseAmt
Revenue$209,105RevenueAmt
DescADULT PROGRAM OFFERINGS AT READING & MATH, INC INCLUDE MINNESOTA OPPORTUNITY CORPS AND MINNESOTA RECOVERY CORPS. MINNESOTA OPPORTUNITY CORPS WORKS TO ADDRESS EMPLOYMENT DISPARITY; MINNESOTA RECOVERY CORPS PROVIDES PEER SUPPORT AND NAVIGATION FOR INDIVIDUALS IN RECOVERY FROM SUBSTANCE USE DISORDERS AND ADDITIONAL ORGANIZATIONAL CAPACITY FOR ORGANZATIONS WORKING TO ADDRESS THE OPIOD EPIDEMIC IN MINNESOTA. IN 2019-20, THE PROGRAMS SERVED 1,511 INDIVIDUALS AT 29 PARTNERS SITES. TOGETHER, THE PROGRAMS UTILIZED 304 VOLUNTEERS IN ONE-TIME AND ONGOING ROLES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$651,573ExpenseAmt
Revenue$518,345RevenueAmt
DescREADING & MATH, INC. PROVIDES TECHNICAL ASSISTANCE FOR THE DELIVERY OF READING CORPS AND MATH CORPS TO NATIONAL REPLICATION PARTNERS, ENSURING THE MODEL IS IMPLEMENTED CONSISTENTLY AND WITH FIDELITY ACROSS THE COUNTRY. READING & MATH, INC. INITIATED A PLANNING PROCESS TO DESIGN NEW PROGRAMS TO ADDRESS EMERGING NEEDS IN MINNESOTA, SPECIFICALLY IN CLIMATE CHANGE AND HELPING OLDER ADULTS. IN COLLABORATION WITH OTHER PARTNERS IN THE TWIN CITIES, READING & MATH, INC. DISTRIBUTED 5,000 EARLY LEARNING KITS TO PRESCHOOL STUDENTS WHO SHIFTED TO DISTANCE LEARNING DUE TO COVID-19.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$651,573TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$518,345TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$27,281,250TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document144IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2094EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6122063030PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11200 S WASHINGTON AVE NO 310AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55415ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
SADIE O'CONNOR
MANAGING DIRECTOR40.00Yes (X)$115,189$0$10,214
VALERIE MCCULLOUGH
COO40.00$106,571$0$9,016Yes (X)
LEN ROERING
CONTROLLER40.00Yes (X)$82,659$0$9,486
BOB RUMPZA
BOARD CHAIR2.00Yes (X)$0$0$0Yes (X)
KIM PLAHN
TREASURER1.00Yes (X)$0$0$0Yes (X)
MARY BETH BRODY
DIRECTOR1.00$0$0$0Yes (X)
KATE KELLY
DIRECTOR1.00$0$0$0Yes (X)
MARY KURTH
DIRECTOR1.00$0$0$0Yes (X)
DAVID MCKOSKEY
DIRECTOR1.00$0$0$0Yes (X)
HEATHER GIBBS
DIRECTOR1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$304,419TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$28,716TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$27,378,653GovernmentGrantsAmt
All Other Contributions$1,147,781AllOtherContributionsAmt
Total Contributions$28,526,434TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LICENSE FEES611710$518,372$518,372
SITE FEES611710$514,500$514,500
FieldValueIRS element (for citing)
Total Program Service Revenue$1,032,872TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,903TotalRevenueColumnAmt
Exclusion$2,903ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$291OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$291OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$291TotalRevenueColumnAmt
Exclusion-$291ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescTRAINING FEESDesc
Business900099BusinessCd
Total Revenue Column$18,105TotalRevenueColumnAmt
Related Or Exempt Func Income$18,105RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$18,105OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,580,023TotalRevenueColumnAmt
Related Or Exempt Func Income$1,050,977RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,612ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$243,522TotalAmt
Management And General$240,757ManagementAndGeneralAmt
Fundraising$2,765FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,275,422TotalAmt
Program Services$6,249,546ProgramServicesAmt
Management And General$1,025,876ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$155,815TotalAmt
Program Services$131,838ProgramServicesAmt
Management And General$23,909ManagementAndGeneralAmt
Fundraising$68FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$760,392TotalAmt
Program Services$668,844ProgramServicesAmt
Management And General$91,392ManagementAndGeneralAmt
Fundraising$156FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$652,347TotalAmt
Program Services$547,284ProgramServicesAmt
Management And General$104,847ManagementAndGeneralAmt
Fundraising$216FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$66,490TotalAmt
Program Services$29,771ProgramServicesAmt
Management And General$36,719ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,700TotalAmt
Management And General$22,700ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,887,509TotalAmt
Program Services$1,813,879ProgramServicesAmt
Management And General$69,497ManagementAndGeneralAmt
Fundraising$4,133FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$183,525TotalAmt
Program Services$183,525ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$294,799TotalAmt
Program Services$258,627ProgramServicesAmt
Management And General$36,154ManagementAndGeneralAmt
Fundraising$18FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$589,476TotalAmt
Program Services$455,902ProgramServicesAmt
Management And General$133,549ManagementAndGeneralAmt
Fundraising$25FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$603,273TotalAmt
Program Services$491,972ProgramServicesAmt
Management And General$111,301ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$731,619TotalAmt
Program Services$728,637ProgramServicesAmt
Management And General$2,967ManagementAndGeneralAmt
Fundraising$15FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$68,960TotalAmt
Program Services$14,525ProgramServicesAmt
Management And General$54,435ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MEMBER ALLOWANCES$12,422,005$12,422,005
MEMBER TRAINING/COACHIN$1,954,130$1,954,130
PROGRAM SUPPLIES$1,051,915$1,048,670$3,244$1
STATE COMMISSION FEE$374,539$374,539

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$313,908TotalAmt
Program Services$282,095ProgramServicesAmt
Management And General$31,813ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$29,652,346TotalAmt
Program Services$27,281,250ProgramServicesAmt
Management And General$2,363,699ManagementAndGeneralAmt
Fundraising$7,397FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,036,847BOYAmt
EOY$12,983EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$253,213EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,727,482BOYAmt
EOY$2,149,508EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$107,184BOYAmt
EOY$84,470EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$293,587BOYAmt
EOY$107,431EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$41,903LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$41,903EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$25,930BOYAmt
EOY$28,983EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,191,030BOYAmt
EOY$2,678,491EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,605,672BOYAmt
EOY$1,141,060EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$156,800BOYAmt
EOY$181,196EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,762,472BOYAmt
EOY$1,322,256EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$151,394BOYAmt
EOY$117,186EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,277,164BOYAmt
EOY$1,239,049EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,428,558BOYAmt
EOY$1,356,235EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,191,030BOYAmt
EOY$2,678,491EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$72,323ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,356,069CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,351,724CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,444,226CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$27,823,590CurrentTaxYearMinus1YearAmt
Current Tax Year$28,526,434CurrentTaxYearAmt
Total$112,502,043TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,356,069CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,351,724CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,444,226CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$27,823,590CurrentTaxYearMinus1YearAmt
Current Tax Year$28,526,434CurrentTaxYearAmt
Total$112,502,043TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$112,502,043PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$15CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$259CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$87CurrentTaxYearMinus1YearAmt
Current Tax Year$2,903CurrentTaxYearAmt
Total$3,264TotalAmt
FieldValueIRS element (for citing)
Total Support$112,505,307TotalSupportAmt
Gross Receipts Rltd Activities$6,044,459GrossReceiptsRltdActivitiesAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$3,227DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$3,227TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationLEGISLATORS WERE CONTACTED AND URGED TO VOTE ON THE FUNDING FOR THE READING & MATH CORPS.ExplanationTxt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$41,903OtherCostOrOtherBasisAmt
Book Value$41,903BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$41,903TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$35,304,794TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$5,724,480DonatedServicesAndUseFcltsAmt
Revenue Not Reported$5,724,480RevenueNotReportedAmt
Revenue Subtotal$29,580,314RevenueSubtotalAmt
Other Revenues Not Included-$291OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$291RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$29,580,023TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$35,377,117TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$5,724,480DonatedServicesUseFcltsAmt
Other Expenses Included$291OtherExpensesIncludedAmt
Expenses Not Reported$5,724,771ExpensesNotReportedAmt
Expenses Subtotal$29,652,346ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$29,652,346TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION IS REQUIRED TO ASSESS WHETHER ANY UNCERTAIN TAX POSITIONS EXIST AND IF THERE SHOULD BE RECOGNITION OF A RELATED BENEFIT OR LIABILITY IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS.
PART XI, LINE 4B - OTHER ADJUSTMENTS:LOSS ON SALE OF ASSET -291.
PART XII, LINE 2D - OTHER ADJUSTMENTS:LOSS ON SALE OF ASSET 291.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 2DURING THE 2019-20 PROGRAM YEAR, READING & MATH INC. LAUCHED 3 NEW PROGRAMS. CALIFORNIA READING CORPS AND CALIFORNIA MATH CORPS BEGAN SERVICES TO HELP MEET THE NEEDS OF STUDENTS IN STOCKTON, CALIFORNIA. CALIFORNIA READING CORPS BEGAN SERVING STUDENTS IN SEPTEMBER 2019 AND MATH CORPS IN JANUARY 2020. DURING THE 2019-20 SCHOOL YEAR, THE PROGRAMS SERVED A TOTAL OF 613 STUDENTS (272 READING; 341 MATH) AT 13 SITES. IN RESPONSE TO URGENT COMMUNITY NEEDS RELATING TO THE COVID-19 PANDEMIC, THE AMERICORPS EMERGENCEY RESPONSE INITIATIVE WAS LAUNCHED IN JUNE 2020. BY LEVERAGEING THE PEOPLE POWER OF AMERICORPS, ERI PROVIDED ADDITIONAL CAPACITY FOR NONPROFITS, SCHOOL DISTRICTS AND GOVERNMENT ENTITIES TO RESPOND TO NEW, UNEXPECTED AND INCREASED NEEDS ASSOCIATED WITH THE COVID-19 CRISIS. 234 MEMBERS SERVED 35 HOURS PER WEEK PROVIDING SUPPORT FOR EMERGENCY FOOD DISTRIBUTION, ASSISTING WITH DISTANCE LEARNING AND YOUTH PROGRAMMING, AND SUPPORTING PUBLIC HEALTH AND SAFE HOUSING EFFORTS AT 67 SITES ACROSS THE STATE OF MINNESOTA.
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE DRAFT IRS FORM 990 WITH ALL SCHEDULES IS GIVEN TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO SIGNING.
FORM 990, PART VI, SECTION B, LINE 12CEACH BOARD MEMBER AND KEY EMPLOYEE WILL REVIEW FOR ANY CONFLICT OF INTEREST ON AN ANNUAL BASIS AT THE BEGINNING OF EACH FISCAL YEAR AND SIGN A DISCLOSURE FORM.
FORM 990, PART VI, SECTION B, LINE 15THE SALARIES OF THE MANAGING DIRECTOR AND OTHER OFFICERS ARE DETERMINED BY A MERIT BASED COMPENSATION PLAN WHICH ESTABLISHES MARKET RATE SALARY RANGES COMPARABLE TO OTHER NONPROFIT ORGANIZATIONS FOR EACH POSITION.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:NO CHANGE IN PROCESS FROM PRIOR YEAR.
PART I, SUMMARY, LINE 5, FROM PART V, LINE 2ATHE NUMBER OF W2S FILED BY READING AND MATH, INC EACH YEAR INCLUDES THE MEMBERS WHO RECEIVE A LIVING STIPEND. OTHER THAN THAT STIPEND, THEY ARE NOT PAID AS EMPLOYEES.

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