BETA

READSOURCE INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
READSOURCE INC (EIN 46-5228845)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-09-30
IRS object ID
201942739349301704
Schema version
2018v3.1
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)
Return2019-09-30T15:07:37-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN582161308PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BROOKS MCGINNIS & COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15607 GLENRIDGE DR STE 650AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP303424959ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465228845EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DYSLEXIA RESOURCE TRUST INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDYSLBusinessNameControlTxt
Phone4042522591PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1282 MOUNT PARAN ROADAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30327ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSHUA CLARKPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4042522591PhoneNum
Signature2019-09-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEVEN E TRUMBOPreparerPersonNm
PTINP01069014PTIN
Phone4045314940PhoneNum
Preparation2019-09-30PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address96.91.158.145IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-09-30IPDt
IP Tm15:07:37IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id336985540A4F14DEBA7C2DF908C6D56BF4D0424DAtSubmissionCreationDeviceId
At Submission Filing Device Id336985540A4F14DEBA7C2DF908C6D56BF4D0424DAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOSHUA CLARKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1282 MOUNT PARAN ROADAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30327ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,224,103GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.DYSLEXIARESOURCE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionEMPOWERING COMMUNITIES TO SERVE DYSLEXIC LEARNERS.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$237,978PYContributionsGrantsAmt
CY Contributions Grants$788,825CYContributionsGrantsAmt
PY Program Service Revenue$194,457PYProgramServiceRevenueAmt
CY Program Service Revenue$424,729CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$15,722PYOtherRevenueAmt
CY Other Revenue$8,903CYOtherRevenueAmt
PY Total Revenue$448,157PYTotalRevenueAmt
CY Total Revenue$1,222,457CYTotalRevenueAmt
PY Grants And Similar Paid$1,333PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$411,645PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$510,826CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,575CYTotalFundraisingExpenseAmt
PY Other Expenses$114,767PYOtherExpensesAmt
CY Other Expenses$190,180CYOtherExpensesAmt
PY Total Expenses$527,745PYTotalExpensesAmt
CY Total Expenses$701,006CYTotalExpensesAmt
PY Revenues Less Expenses-$79,588PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$521,451CYRevenuesLessExpensesAmt
Total Assets BOY$155,076TotalAssetsBOYAmt
Total Assets EOY$667,602TotalAssetsEOYAmt
Total Liabilities BOY$88,682TotalLiabilitiesBOYAmt
Total Liabilities EOY$79,757TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$66,394NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$587,845NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionEMPOWERING COMMUNITIES TO SERVE DYSLEXIC LEARNERS.MissionDesc
Significant New Program SrvcYes (true)SignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$355,459ExpenseAmt
Revenue$424,729RevenueAmt
DescTO FACILITATE TEACHER TRAINING TO BOTH PUBLIC SCHOOL AND INDEPENDENT SCHOOL FACULTY, TO PROVIDE TURORING SERVICES TO COMMUNITY STUDENTS WHO HAVE DIFFICULTY READING, AND TO PROVIDE READING REMEDIATION SERVICES TO ATLANTA PUBLIC SCHOOLS STUDENTS THROUGH A PARTNERSHIP WITH PURPOSE BUILT SCHOOLS.Desc
Total Program Service Expenses$355,459TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLOUISE HODAPPPersonNm
Phone4042522591PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1282 MOUNT PARAN ROADAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30327ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOHN MILLER
CHAIR1.00Yes (X)Yes (X)$0$0$0
BRANNON HUNTZ
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
CHARLES HURT III
TREASURER0.50Yes (X)Yes (X)$0$0$0
KIMBERLY MARKS
SECRETARY0.50Yes (X)Yes (X)$0$0$0
JOSHUA CLARK
EXECUTIVE DI40.00Yes (X)$0$277,800$33,428
CHRIS POMAR
PAST EXEC. D40.00Yes (X)$0$96,763$8,571
FieldValueIRS element (for citing)
Tot Reportable Comp Rltd Org$374,563TotReportableCompRltdOrgAmt
Total Other Compensation$41,999TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$788,825AllOtherContributionsAmt
Total Contributions$788,825TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTEACHING TRAINING INCOMEDesc
Total Revenue Column$424,729TotalRevenueColumnAmt
Related Or Exempt Func Income$424,729RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$424,729TotalProgramServiceRevenueAmt
Fundraising Gross Income$6,224FundraisingGrossIncomeAmt
Fundraising Direct Expenses$1,646FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,578TotalRevenueColumnAmt
Exclusion$4,578ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Total Revenue Column$4,325TotalRevenueColumnAmt
Related Or Exempt Func Income$4,325RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,325OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,222,457TotalRevenueColumnAmt
Related Or Exempt Func Income$429,054RelatedOrExemptFuncIncomeAmt
Exclusion$4,578ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$100,000TotalAmt
Management And General$100,000ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$346,220TotalAmt
Program Services$234,401ProgramServicesAmt
Management And General$111,819ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$40,726TotalAmt
Program Services$11,284ProgramServicesAmt
Management And General$29,442ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$23,880TotalAmt
Program Services$15,898ProgramServicesAmt
Management And General$7,982ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$750TotalAmt
Management And General$750ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,663TotalAmt
Management And General$7,663ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$30,204TotalAmt
Management And General$30,204ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,525TotalAmt
Program Services$3,060ProgramServicesAmt
Management And General$1,465ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$40,838TotalAmt
Program Services$30,487ProgramServicesAmt
Management And General$10,351ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$5,289TotalAmt
Program Services$5,289ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$14,222TotalAmt
Program Services$1,241ProgramServicesAmt
Management And General$12,981ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,193TotalAmt
Program Services$4,489ProgramServicesAmt
Management And General$1,704ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,152TotalAmt
Program Services$922ProgramServicesAmt
Management And General$1,230ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$5,606TotalAmt
Management And General$5,606ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,219TotalAmt
Management And General$6,219ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PBS - PROGRAMMING$26,000$26,000
WEBSITE DEV/BRANDING$12,601$1,722$9,934$945
STAFF DEVELOPMENT$11,518$8,000$3,518
PBS - R&D$6,000$6,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$10,400TotalAmt
Program Services$6,666ProgramServicesAmt
Management And General$3,104ManagementAndGeneralAmt
Fundraising$630FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$701,006TotalAmt
Program Services$355,459ProgramServicesAmt
Management And General$343,972ManagementAndGeneralAmt
Fundraising$1,575FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$143,836BOYAmt
EOY$353,243EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,053BOYAmt
EOY$252,303EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$34,331EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,700BOYAmt
EOY$3,629EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$32,265LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$8,169LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,487BOYAmt
EOY$24,096EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$155,076BOYAmt
EOY$667,602EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$23,326BOYAmt
EOY$58,087EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$65,356BOYAmt
EOY$21,670EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$88,682BOYAmt
EOY$79,757EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$66,394BOYAmt
EOY$348,194EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
EOY$239,651EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$66,394BOYAmt
EOY$587,845EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$155,076BOYAmt
EOY$667,602EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$521,451ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type2Yes (X)SupportingOrgType2Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THE SCHENCK SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN580958208EIN
Organization Type2OrganizationTypeCd
Governing Document ListedYes (true)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd
FieldValueIRS element (for citing)
Majority Dir Trst Supported OrgfalseMajorityDirTrstSupportedOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, SECTION C, LINE 1FormAndLineReferenceDesc
ExplanationUNDER THE AMENDED BYLAWS OF THE TRUST, THE BOARD OF TRUSTEES OF THE TRUST IS COMPRISED OF THE MEMBERS OF THE EXECUTIVE COMMITTEE OF THE SCHENCK SCHOOL, WHICH IS THE SUPPORTED ORGANIZATION. EACH MEMBER OF THE EXECUTIVE COMMITTEE OF THE SCHOOL IS A TRUSTEE OF THE SCHOOL. SINCE ALL OF THE TRUSTEES OF THE TRUST ARE TRUSTEES OF THE SCHOOL, THERE IS COMMON SUPERVISION OR CONTROL BY PERSONS SUPERVISING OR CONTROLLING THE TRUST AND THE SCHOOL. AS A RESULT, THE TRUST AND ITS BOARD OF TRUSTEES ARE RESPONSIVE TO THE NEEDS OF THE SUPPORTED ORGANIZATION AND THE TRUST AND CONSTITUTE AN INTEGRAL PART OF THE OPERATIONS OF SUCH ORGANIZATION.ExplanationTxt

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$32,265OtherCostOrOtherBasisAmt
Depreciation$8,169DepreciationAmt
Book Value$24,096BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$24,096TotalBookValueLandBuildingsAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJOSHUA CLARKPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Compensation Based On Rltd Orgs$277,800CompensationBasedOnRltdOrgsAmt
Deferred Comp Rltd Orgs$16,938DeferredCompRltdOrgsAmt
Nontaxable Benefits Rltd Orgs$16,490NontaxableBenefitsRltdOrgsAmt
Total Compensation Rltd Orgs$311,228TotalCompensationRltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE J, PART IIIFormAndLineReferenceDesc
ExplanationALL EMPLOYEES ARE EMPLOYEES OF THE SCHENCK SCHOOL. THE BOARD CHAIR COMPLETES AN ANNUAL REVIEW OF THE SCHENCK SCHOOL HEAD OF SCHOOL/DYSLEXIA RESOURCE TRUST EXECUTIVE DIRECTOR IN WRITING. ANNUAL GOALS ARE SET AND AGREED TO BY THE HEAD AND THE BOARD CHAIR. THE DIRECTOR OF FINANCE PROVIDES A SPREADSHEET WITH COMPENSATION LEVELS (SALARY, DEFERRED COMPENSATION) FOR ATLANTA AREA INDEPENDENT SCHOOLS, NAIS MEMBER SCHOOLS, SAIS MEMBER SCHOOLS,ELEMENTARY NAIS MEMBER SCHOOLS, GEORGIA NAIS MEMBER SCHOOLS, GISA MEMBER SCHOOLS, AND SCHOOLS WITH AN ENROLLMENT OF 201-300. THIS IS PROVIDED TO THE CHAIR OF THE PERSONNEL COOMMITTEE AND TO THE EXECUTIVE COMMITTEE TO USE IN COMPARING, SUBSTANTIATING, AND DETERMINING THE HEAD'S SALARY INCREASE FOR THE NEW SCHOOL YEAR. THE INCREASE IS VOTED ON WITHIN THE EXECUTIVE COMMITTEE AND REPORTED TO THE BOARD DURING EXECUTIVE SESSION. IT IS THEN PROVIDED TO THE DIRECTOR OF FINANCE IN WRITING. OTHER KEY POSITIONS ARE REVIEWED EVERY FEW YEARS AS DETERMINED TO BE NECESSARY. THE SAME BENCHMARKING PROCESS IS USED AND THE INFORMATION IS PROVIDED TO THE HEAD OF SCHOOL.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 2TUTORING SERVICES WERE MOVED FROM THE SCHENCK SCHOOL TO DYSLEXIA RESOURCE TRUST EFFECTIVE JULY 1, 2018. DYSLEXIA RESOURCE TRUST ALSO BEGAN A PILOT PROGRAM WITH PURPOSE BUILT SCHOOLS IN THE SPRING OF 2018 TO PROVIDE REMEDIATION SERVICES TO STRUGGLING READERS AT THOMASVILLE HEIGHTS PUBLIC SCHOOL IN ATLANTA.
FORM 990, PAGE 6, PART VI, LINE 4AMENDED ARTICLE VII OF THE ARTICLES OF INCORPORATION TO CHANGE THE PURPOSE OF THE CORPORATION - TO BE OPERATED AS AN ORGANIZATION THAT IS ORGANIZED, AND AT ALL TIMES OPERATED, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE SUPPORTED ORGANIZATION. AMENDED BYLAWS TO CHANGE THE PURPOSE OF THE ORGANIZTION TO BE ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE SCHENCK SCHOOL, INC., AS LONG AS IT QUALIFIES AS A SUPORTED ORGANIZATION.
FORM 990, PAGE 6, PART VI, LINE 11BTHE DRAFT OF THE 990 WILL BE PROVIDED TO THE GOVERNING BODY OF THE ORGANIZATION FOR REVIEW PRIOR TO FINALIZING AND FILING. THIS WILL BE DONE AS A PASSWORD PROTECTED DOCUMENT SENT VIA EMAIL.
FORM 990, PAGE 6, PART VI, LINE 12CTHE CURRENT BOARD FOR THE DRT CONSISTS OF THE OFFICERS OF THE SCHOOL'S BOT. OUR TRUSTEES SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. MONITORING AND COMPLIANCE WITH THE CONFLICT OF INTEREST RESTS WITH THE BOARD'S COMMITTEE ON TRUSTEES.
FORM 990, PAGE 6, PART VI, LINE 15AALL EMPLOYEES ARE EMPLOYEES OF THE SCHENCK SCHOOL. BENCHMARKING OF KEY EMPLOYEES IS UNDERTAKEN EVERY TWO YEARS OR MORE FREQUENTLY IF PERSONNEL OR JOB RESPONSIBILITIES ARE CHANGING.
FORM 990, PAGE 6, PART VI, LINE 15BALL EMPLOYEES ARE EMPLOYEES OF THE SCHENCK SCHOOL. BENCHMARKING OF KEY EMPLOYEES IS UNDERTAKEN EVERY TWO YEARS OR MORE FREQUENTLY IF PERSONNEL OR JOB RESPONSIBILITIES ARE CHANGING.
FORM 990, PAGE 6, PART VI, LINE 18BY REQUEST TO LOUISE HODAPP, DIRECTOR OF FINANCE.
FORM 990, PAGE 6, PART VI, LINE 19REQUESTS FOR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE DIRECTED TO LOUISE HODAPP, DIRECTOR OF FINANCE
FORM 990, PART VIIDYSLEXIA RESOURCE TRUST HAS NO EMPLOYEES. ALL EMPLOYEES ARE LEASED FROM THE SCHENCK SCHOOL. THIS EMPLOYEE LEASE AGREEMENT HAS BEEN EFFECTIVE SINCE FEBRUARY 26, 2016.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE SCHENCK SCHOOL INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1282 MOUNT PARAN ROAD NWAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP303274664ZIPCd
FieldValueIRS element (for citing)
EIN580958208EIN
Primary ActivitiesSCHOOLPrimaryActivitiesTxt
Legal Domicile StateGALegalDomicileStateCd
Exempt Code Section501C3ExemptCodeSectionTxt
Public Charity Status2PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THE SCHENCK SCHOOL INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypePTransactionTypeTxt
Involved$503,510InvolvedAmt

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