READ ALLIANCE INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
READ ALLIANCE INC (EIN 13-4091062)
Tax period
2010-09-01 to 2011-08-31
Filed
2012-06-25
IRS object ID
201231779349300608
Schema version
2010v3.4
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)
Timestamp2012-06-25T13:21:19-05:00Timestamp
Tax Period End Date2011-08-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1LOEB & TROPER LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1655 THIRD AVENUE 12TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10017ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-09-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN134091062EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1READING EXCELLENCE AND DISCOVERY FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlREADNameControl
Phone6468676101Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 MAIDEN LANE 11TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10038ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameKELLEY PERKINSName
TitleEXECUTIVE DIRECTORTitle
Phone6468676101Phone
Date Signed2012-06-20DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameFREDERICK H ROTHMANName
Phone2128674000Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonKELLEY PERKINSNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line180 MAIDEN LANE 11TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10038ZIPCode
FieldValueIRS element (for citing)
Gross Receipts2167240GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.READNYC.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2000YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionTO PREPARE AT-RISK CHILDREN TO READ AT GRADE LEVEL.ActivityOrMissionDescription
Nbr Voting Members Governing Body18NbrVotingMembersGoverningBody
Nbr Independent Voting Members18NbrIndependentVotingMembers
Total Nbr Employees1173TotalNbrEmployees
Total Nbr Volunteers1230TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year2260204ContributionsGrantsPriorYear
Contributions Grants Current Year2141067ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year1424InvestmentIncomePriorYear
Investment Income Current Year1473InvestmentIncomeCurrentYear
Other Revenue Prior Year-24695OtherRevenuePriorYear
Other Revenue Current Year-2521OtherRevenueCurrentYear
Total Revenue Prior Year2236933TotalRevenuePriorYear
Total Revenue Current Year2140019TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year1624509SalariesEtcPriorYear
Salaries Etc Current Year1725191SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year30000TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY30000TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year261801TotalFundrsngExpCurrentYear
Other Expense Prior Year527610OtherExpensePriorYear
Other Expenses Current Year635541OtherExpensesCurrentYear
Total Expenses Prior Year2182119TotalExpensesPriorYear
Total Expenses Current Year2390732TotalExpensesCurrentYear
Revenues Less Expenses Prior Year54814RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-250713RevenuesLessExpensesCY
Total Assets BOY839321TotalAssetsBOY
Total Assets EOY581385TotalAssetsEOY
Total Liabilities BOY46784TotalLiabilitiesBOY
Total Liabilities EOY39561TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY792537NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY541824NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionREAD SERVES AT-RISK KINDERGARTEN AND FIRST GRADE STUDENTS BYRECRUITING AND TRAINING TEENS TO PROVIDE STRUCTURED ONE-TO-ONETUTORING IN READING. READ IMPACTS TWO AT-RISK POPULATIONSSIMULTANEOUSLY, AND THROUGH A HIGHLY STRUCTURED, RESEARCH-BASED CURRICULUM, STUDENTS AVERAGE A FULL YEAR'S GROWTH IN READING AND THEIR TEEN TUTORS DEVELOP COLLEGE, CAREER, AND LIFE SKILLS. EARLY INTERVENTION PREVENTS READING DIFFICULTIES FROM BECOMING BARRIERS TO FUTURE SUCCESS, WHILE PROVIDING TEENS WITH THE OPPORTUNITY TO HAVE A POSITIVE DIRECT IMPACT ON THE LIVES OF CHILDREN IN THEIR COMMUNITIES THROUGH MEANINGFUL SERVICE AND JOBS.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense1433573Expense
DescriptionAFTER-SCHOOL PROGRAM - RESEARCH INDICATES THAT 90% OF STUDENTS READING BELOW GRADE LEVEL WILL NOT CATCH UP TO THEIR PEERS, AND WILL THEREFORE CONTINUE TO STRUGGLE ACADEMICALLY. READ SERVES AT-RISK KINDERGARTEN AND FIRST GRADE STUDENTS BY RECRUITING AND TRAINING TEENS TO PROVIDE STRUCTURED ONE-TO-ONE TUTORING IN READING. READ IMPACTS TWO AT-RISK POPULATIONS SIMULTANEOUSLY, AND THROUGH A HIGHLY STRUCTURED, RESEARCH-BASED CURRICULUM, STUDENTS AVERAGE A FULL YEAR'S GROWTH IN READING AND THEIR TEEN TUTORS DEVELOP COLLEGE, CAREER, AND LIFE SKILLS. EARLY INTERVENTION PREVENTS READING DIFFICULTIES FROM BECOMING BARRIERS TO FUTURE SUCCESS, WHILE PROVIDING TEENS WITH THE OPPORTUNITY TO HAVE A POSITIVE DIRECT IMPACT ON THE LIVES OF CHILDREN IN THEIR COMMUNITIES THROUGH MEANINGFUL SERVICE AND JOBS.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense487369Expense
DescriptionSUMMER PROGRAM - ACCORDING TO THE NATIONAL SUMMER LEARNING ASSOCIATION, MANY STUDENTS, ESPECIALLY LOW AND MODERATE-INCOME STUDENTS, LACK ACCESS TO EDUCATIONAL OPPORTUNITIES DURING THE SUMMER, AND FALL SIGNIFICANTLYBEHIND IN READING. READ'S SUMMER READING PROGRAM PROVIDES 40-45 MINUTE SESSIONS OF 45 MINUTES EACH OF STRUCTURED ONE-TO-ONE TUTORING. SUMMER PROGRAMMING ALSO PROVIDES NEARLY 30 HOURS OF SUPPLEMENTAL LITERACY INSTRUCTION, INCLUDING SMALL GROUP READ-ALOUDS AS WELL AS WRITING AND ART RELATED TO THE STORY OF THE DAY. READ'S SUMMER READING PROGRAM ALSO PROVIDES TEENS WITH MEANINGFUL PAID SUMMER JOBS, CRITICAL TO THEIR FUTURE COLLEGE AND CAREER SUCCESS.Description
FieldValueIRS element (for citing)
Total Program Service Expense1920942TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets1ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising1ProfessionalFundraising
Fundraising Activities1FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10965NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees1173NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions1QuidProQuoContributions
Quid Pro Quo Disclosure1QuidProQuoDisclosure
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members18NbrVotingGoverningBodyMembers
Number Independent Voting Members18NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1KELLEY PERKINSBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number6468676104TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line180 MAIDEN LANE 11TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10038ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (20 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
ALAIN LEBEC
CHAIR3.50XX000
VINCENT ALFIERI
SECRETARY3.50XX000
ROBERT S BROWN
TREASURER3.50XX000
RAQUEL FIORAVANTI BAKER
TRUSTEE1.00X000
NANCY BLACKFORD
TRUSTEE1.00X000
ALAN GOULD
TRUSTEE1.00X000
SAMUEL GRADESS
TRUSTEE1.00X000
BARBARA HOCHHAUSER
TRUSTEE1.00X000
FERN LAZAR
TRUSTEE1.00X000
SHEILA MURPHY
TRUSTEE1.00X000
AMANDA NEVILLE
TRUSTEE1.00X000
SONIA ORTIZ-GULARDO
TRUSTEE1.00X000
GORDON A PARIS
TRUSTEE1.00X000
PATRICK RAMSEY
TRUSTEE1.00X000
MARK RAVESLOOT
TRUSTEE1.00X000
TOM REGAN
TRUSTEE1.00X000
ALFRED SIKES
TRUSTEE1.00X000
MARK HEMENTEZ
TRUSTEE1.00X000
YVONNE PETRASOVITS
PRESIDENT40.00X15612109030
LAVINIA MANCUSO
VICE PRESIDENT40.00X9621900
FieldValueIRS element (for citing)
Total Reportable Comp From Org252340TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation9030TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Fundraising Events255490FundraisingEvents
Government Grants622201GovernmentGrants
All Other Contributions1263376AllOtherContributions
Noncash Contributions10150NoncashContributions
Total Contributions2141067TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column1473TotalRevenueColumn
Exclusion$1,473ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events24700GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events255490CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses27221FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-2521TotalRevenueColumn
Exclusion-$2,521ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column2140019TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion-$1,048ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total267681Total
Program Services235711ProgramServices
Management And General12891ManagementAndGeneral
Fundraising19079Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total1232932Total
Program Services1085675ProgramServices
Management And General59377ManagementAndGeneral
Fundraising87880Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total100946Total
Program Services81079ProgramServices
Management And General8011ManagementAndGeneral
Fundraising11856Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total123632Total
Program Services100086ProgramServices
Management And General9494ManagementAndGeneral
Fundraising14052Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total5199Total
Management And General5199ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total12500Total
Management And General12500ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total30000Total
Fundraising30000Fundraising

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total147582Total
Program Services53326ProgramServices
Management And General47518ManagementAndGeneral
Fundraising46738Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total12128Total
Program Services4297ProgramServices
Management And General3918ManagementAndGeneral
Fundraising3913Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total183403Total
Program Services153935ProgramServices
Management And General11882ManagementAndGeneral
Fundraising17586Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total178428Total
Program Services144446ProgramServices
Management And General13702ManagementAndGeneral
Fundraising20280Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total19117Total
Program Services15476ProgramServices
Management And General1468ManagementAndGeneral
Fundraising2173Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total32161Total
Program Services26036ProgramServices
Management And General2470ManagementAndGeneral
Fundraising3655Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total19937Total
Program Services16140ProgramServices
Management And General1531ManagementAndGeneral
Fundraising2266Fundraising

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneralProgram ServicesProgramServicesFundraisingFundraising
BAD DEBT1757917579
MISCELLANEOUS750744947352323

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total2390732Total
Program Services1920942ProgramServices
Management And General207989ManagementAndGeneral
Fundraising261801Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY6315BOY
EOY22560EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY583419BOY
EOY258838EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY155067BOY
EOY155155EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY23859BOY
EOY34612EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis229291LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec202658LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY47794BOY
EOY26633EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY22867BOY
EOY83587EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY839321BOY
EOY581385EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY46784BOY
EOY39561EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY46784BOY
EOY39561EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY771702BOY
EOY541824EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY20835BOY
EOY0EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY792537BOY
EOY541824EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY839321BOY
EOY581385EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-250713ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1836594CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2310572CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1884491CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2260204CurrentTaxYearMinus1Year
Current Tax Year2141067CurrentTaxYear
Total10432928Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1836594CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2310572CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1884491CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2260204CurrentTaxYearMinus1Year
Current Tax Year2141067CurrentTaxYear
Total10432928Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total904527AmountsSubstContributorsTotal
Public Support Total1709528401PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years30440CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years15518CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years5347CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1424CurrentTaxYearMinus1Year
Current Tax Year1473CurrentTaxYear
Total54202Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years21871CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years10203CurrentTaxYearMinus3Years
Total32074Total
FieldValueIRS element (for citing)
Total Support10519204TotalSupport
Public Support Pertcentage1700.90580PublicSupportPertcentage170
Public Support Pertcent Prior Year0.89820PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis229291OtherCostOrOtherBasis
Depreciation202658Depreciation
Book Value26633BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings26633TotalOfBookValueLandBuildings

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionSECURITY DEPOSITSDescription
Book Value83587BookValue
FieldValueIRS element (for citing)
Total Book Value Other Assets83587TotalBookValueOtherAssets
Total Revenue2140019TotalRevenue
Total Expenses2390732TotalExpenses
Excess Or Deficit For Year-250713ExcessOrDeficitForYear
Total Adjustments0TotalAdjustments
Excess Or Deficit Per FS-250713ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt2241183TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities101164DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990101164RevenueNotRptdF990
Revenue Subtotal2140019RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9902140019TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt2491896TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities101164DonatedServicesUseOfFacilities
Expenses Not Rptd F990101164ExpensesNotRptdF990
Expenses Subtotal2390732ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form9902390732TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierDESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:Identifier
Return ReferencePART X:ReturnReference
ExplanationTHE COMPANY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING AUGUST 31, 2008 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES.Explanation

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsXMailSolicitations
Email SolicitationsXEmailSolicitations
Phone SolicitationsXPhoneSolicitations
In Person SolicitationsXInPersonSolicitations
Solicitation Of Non Govt GrantsXSolicitationOfNonGovtGrants
Solicitation Of Govt GrantsXSolicitationOfGovtGrants
Special Fundraising EventsXSpecialFundraisingEvents
Agreement Ref Fundraising1AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

Name Of Organization NameOfOrganization

FieldValueIRS element (for citing)
Business Name Line1SUSAN ULIN ASSOCIATES LTDBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1156 FIFTH AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10010ZIPCode
FieldValueIRS element (for citing)
ActivityHELP ORGANIZE AND COORDINATE SPECIAL EVENTActivity
Fundraiser Control Of Funds0FundraiserControlOfFunds
Gross Receipts280190GrossReceipts
Amount Retained By Contractor30000AmountRetainedByContractor
Net To Organization250190NetToOrganization
FieldValueIRS element (for citing)
Total Gross Receipts280190TotalGrossReceipts
Total Retained By Contractors30000TotalRetainedByContractors
Total Net To Organization250190TotalNetToOrganization
Licensed StatesNYLicensedStates

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1ANNUAL BENEFITNameOfEvent1
Gross Receipts Event1280190GrossReceiptsEvent1
Charitable Contributions Event1255490CharitableContributionsEvent1
Gross Revenue Event124700GrossRevenueEvent1
Rent Facility Costs Event113350RentFacilityCostsEvent1
Food And Beverage Event110501FoodAndBeverageEvent1
Entertainment Event1395EntertainmentEvent1
Other Direct Expenses Event12975OtherDirectExpensesEvent1
Gross Receipts Total280190GrossReceiptsTotal
Charitable Contributions Total255490CharitableContributionsTotal
Gross Revenue Total Events24700GrossRevenueTotalEvents
Rent Facility Costs Total Events13350RentFacilityCostsTotalEvents
Food And Beverage Total Events10501FoodAndBeverageTotalEvents
Entertainment Total Events395EntertainmentTotalEvents
Other Direct Expenses Total Events2975OtherDirectExpensesTotalEvents
Direct Expense Summary Events27221DirectExpenseSummaryEvents
Net Income Summary-2521NetIncomeSummary

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeXCompensationCommittee
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonYVONNE PETRASOVITSNamePerson
Base Compensation Filing Org156121BaseCompensationFilingOrg
Comp Based On Related Orgs0CompBasedOnRelatedOrgs
Bonus Filing Org0BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org0OtherCompensationFilingOrg
Other Compensation Related Orgs0OtherCompensationRelatedOrgs
Deferred Comp Filing Org0DeferredCompFilingOrg
Deferred Comp Related Orgs0DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org9030NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org165151TotalCompensationFilingOrg
Total Compensation Related Orgs0TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
FORM 990, PART VI, SECTION B, LINE 11MANAGEMENT AND ALL MEMBERS OF THE GOVERNING BOARD REVIEWED THE 990 PRIOR TO FILING WITH THE IRS.
READ HAS DEVELOPED ITS CONFLICT OF INTEREST POLICY AND PERIODICALLY REVIEWS THE POLICY TO ENSURE THAT ALL ITS DIRECTORS AND OFFICERS CONTINUE TO ACT IN COMPLIANCE WITH APPLICABLE LAWS AND TO DEAL WITH ALL PERSONS DOING BUSINESS WITH READ APPROPRIATELY. THESE POLICIES ARE GUIDELINES TO PROTECT READ'S INTERESTS WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE CORPORATION. THESE POLICIES ARE INTENDED TO SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE STATE LAWS GOVERNING CONFLICTS OF INTEREST AND PERMISSIBLE ACTIVITIES APPLICABLE TO NONPROFIT AND CHARITABLE CORPORATIONS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS/HER FINANCIAL INTERESTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE FINANCIAL INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: A. THE PRESIDENT OF READ OR THE FINANCE COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. B. AFTER EXERCISING DUE DILIGENCE, THE PRESIDENT OR THE FINANCE COMMITTEE SHALL DETERMINE WHETHER READ CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD GIVE NOT RISE TO A CONFLICT OF INTEREST. C. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO READ AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH A DETERMINATION. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY: A. IF THE PRESIDENT OR THE FINANCE COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE RESPONSE OF THE MEMBER AND MAKING SUCH FURTHER INVESTIGATION AND MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THAT THE MEMBERS HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE SHALL SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY B. HAS READ AND UNDERSTANDS THE POLICY C. HAS AGREED TO COMPLY WITH THE POLICY D. UNDERSTANDS THAT READ IS A NONPROFIT ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.FORM 990, PART VI, SECTION B, LINE 12C
READ'S FINANCE COMMITTEE AND BOARD CHAIR DETERMINES THE COMPENSATION FOR THE PRESIDENT AND VICE PRESIDENT USING DATA OBTAINED FROM THE 990 OF OTHER ORGANIZATIONS AND A SUVEY CONDUCTED BY FMA. THE DELIBERATION AND DECISION IS RECORDED IN THE MINUTES OF THE FINANCE COMMITTEE. THE PROCESS WAS LAST UNDERTAKEN IN 2009. SUBSEQUENT TO 2009, ONLY COST OF LIVING ADJUSTMENTS HAVE BEEN MADE TO THE SALARY OF SUCH INDIVIDUALS.FORM 990, PART VI, SECTION B, LINE 15
THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.FORM 990, PART VI, SECTION C, LINE 19
THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.FORM 990, PART XII, LINE 2C:

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