2024-05-13T15:04:52-05:00 2023-06-30 510229493 BARBACANE THORNTON & COMPANY LLP 503 CARR ROAD SUITE 100 WILMINGTON DE 198092863 990 2022-07-01 510317415 READING ASSIST INSTITUTE READ 3024254080 100 WEST 10TH STREET 910 WILMINGTON DE 198016605 ISRAEL MERCADO TREASURER 3024254080 2024-05-13 ISRAEL MERCADO 999009999 1 JEFFREY A KOWALCZYK CPA P01563311 3024788940 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ISRAEL MERCADO 100 WEST 10TH STREET 910 WILMINGTON DE 198016605 3444753 0 X WWW.READINGASSIST.ORG X 1989 DE THE ORGANIZATION ADVANCES LITERACY THROUGH SEVERAL SIGNIFICANT ACTIVITIES: 1)TRAINING VOLUNTEERS IN A MULTI-SENSORY STRUCTURED LANGUAGE CURRICULUM TO TEACH READING, WRITING, AND SPELLING, 2)ESTABLISHING TUTORING TEAMS OF TRAINED VOLUNTEERS TO SERVE IN SCHOOLS, COMMUNITY CENTERS, AND OTHER SITES IN THE MID-ATLANTIC REGION, 3)PROVIDING IN-SERVICE TRAINING AND SUPPORT TO AREA EDUCATORS IN A MULTI-SENSORY STRUCTURED LANGUAGE CURRICULUM, 4)HEIGHTENING AWARENESS IN THE COMMUNITY ABOUT DYSLEXIA, AND 5)PROVIDING OTHER OPPORTUNITIES FOR REMEDIATION. 9 9 290 9 0 0 2199133 1247338 2911237 1889642 10585 66458 5375 241315 5126330 3444753 0 0 0 0 2373931 2471816 0 0 205349 617628 657150 2991559 3128966 2134771 315787 3428403 4283948 39165 283532 3389238 4000416 READING ASSIST INSTITUTE IS A NON-PROFIT ORGANIZATION DEDICATED TO TEACHING THE FOUNDATIONAL SKILLS OF READING TO CHILDREN WITH SIGNIFICANT ACADEMIC CHALLENGES, ENPOWERING THEM TO ACHIEVE GRADE-LEVEL PROFICIENCY. 0 0 2589203 1889642 LITERACY ADVANCEMENT - THE ORGANIZATION PROVIDES READING INTERVENTION TUTORING SERVICES FOR STUDENTS IN AREA SCHOOLS AND PROFESSIONAL DEVELOPMENT IN LITERACY FOR AREA EDUCATORS. THESE SERVICES ARE ALL DESIGNED TO ADVANCE LITERACY SKILLS IN THE MECHANICS OF READING. DURING FISCAL YEAR 2023, THE ORGANIZATION PROVIDED TUTORING SERVICES TO MORE THAN 200 STUDENTS AND PROFESSIONAL DEVELOPMENT TRAINING HOURS OF MORE THAN 1200. 2589203 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 290 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 3024254080 100 WEST 10TH STREET SUITE 910 WILMINGTON DE 19801 PAMELA SCOTT PRESIDENT 1.00 X X 0 0 0 ISRAEL MERCADO TREASURER 1.00 X X 0 0 0 VIRGINIA BIASOTTO BOARD MEMBER 1.00 X 0 0 0 DARREN MAHONEY BOARD MEMBER 1.00 X 0 0 0 DARRYL SCOTT BOARD MEMBER 1.00 X 0 0 0 MATT SULLIVAN BOARD MEMBER 1.00 X 0 0 0 JAMES BOYD SECRETARY 1.00 X 0 0 0 MADELEINE BAYARD VICE PRESIDENT 1.00 X 0 0 0 KAE KEISTER BOARD MEMBER 1.00 X 0 0 0 CAROLINE O'NEAL EXECUTIVE DIRECTOR 40.00 X 133221 0 0 133221 0 0 1 0 0 0 0 370800 876538 1247338 TUTORING FEES 611710 1204576 1204576 SCHOOL DISTRICT INCOME 611710 685066 685066 1889642 66458 66458 EMPLOYEE RETENTION TAX 900099 229671 229671 MISCELLANEOUS 611710 11644 11644 241315 3444753 1889642 0 307773 133222 111279 13686 8257 2048467 1769215 136469 142783 122762 79670 43092 167365 135275 11830 20260 56568 56568 298730 264403 34327 69768 62047 6610 1111 37232 32319 2063 2850 33745 33745 48414 16460 15977 15977 15546 11963 3452 131 32509 11148 21361 PROGRAM MATERIALS 24854 24611 243 PUBLIC RELATIONS 16830 3737 92 13001 STAFF DEVELOPMENT 10796 5549 4325 922 HUMAN RESOURCES 6127 3780 2347 0 6031 1179 4795 57 3128966 2589203 334414 205349 2517070 240840 277323 751196 9997 17456 82900 82900 0 0 623877 3087677 136 186779 3428403 4283948 39165 171091 0 112441 39165 283532 X 1964170 3010416 1425068 990000 3389238 4000416 3428403 4283948 315787 295391 0 X X 0 1 X 1 0 X 937018 1186025 853165 2199133 1247338 6422679 937018 1186025 853165 2199133 1247338 6422679 6422679 4148 10528 13559 12619 66458 107312 2965 36991 1788 5375 11644 58763 6588754 6076900 0.97480 0.97810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 110228 14556 124784 136501 -26273 110228 146652 39849 50000 136501 138189 8463 146652 185104 3084 50000 138189 0.19860 0.80140 0 0 82900 82900 0 0 MUTUAL FUNDS 3087677 F 3087677 RIGHT TO USE ASSETS 112441 112441 X 3665864 221111 221111 3444753 0 3444753 3128966 0 3128966 0 3128966 PART V, LINE 4: ENDOWMENT FUNDS WERE ESTABLISHED TO PROVIDE A LONG-TERM, SUSTAINABLE SOURCE OF INCOME TO SUPPORT UNDER-PRIVELEGED INDIVIDUALS. PART X, LINE 2: NO PROVISION HAS BEEN MADE FOR INCOME TAXES SINCE THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(3), AND ITS ACTIVITIES DO NOT RESULT IN ANY INCOME TAX LIABILITY. IN ACCORDANCE WITH THE SECTION OF FASB ASC REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE ORGANIZATION IS REQUIRED TO RECOGNIZE THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION IN THE FINANCIAL STATEMENTS. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE ORGANIZATION'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE ORGANIZATION WILL NOT BE SUBJECT TO ADDITIONAL TAX PENALTIES AND INTEREST AS A RESULT OF SUCH CHALLENGE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED ELECTRONICALLY TO THE GOVERNING BODY FOR REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES ARE REQUIRED TO SUBMIT WRITTEN STATEMENTS TO THE BOARD OF DIRECTORS REGARDING ANY CONFLICTS OF INTEREST. ANY DISCLOSED CONFLICTS ARE EVALUATED BY MANAGEMENT AND THE BOARD SO THAT APPROPRIATE RESPONSES OR COURSES OF ACTION CAN BE ESTABLISHED. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES COMMITTEE, ON A TWO TO THREE YEAR BASIS, EVALUATES THE SALARY LEVELS AND BANDS FOR ALL EMPLOYEES IN CONJUNCTION WITH THOSE OF OTHER NON-PROFIT AGENCIES IN THE LOCAL AREA AND RECOMMENDS ADJUSTMENTS TO THE BOARD OF DIRECTORS. ADJUSTMENTS TO THESE LEVELS OR BANDS BY THE BOARD OF DIRECTORS ARE MADE AS DEEMED NECESSARY, AND ALL ADJUSTMENTS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND FORM 990 IS AVAILABLE ON GUIDESTAR.ORG FORM 990, PART XI, LINE 2C THE ORGANIZATION'S PROCESS GOVERNING OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR, MANAGED BY THE FINANCE COMMITTEE, HAS NOT CHANGED FROM THE PRIOR YEAR.