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Nonprofit · EIN 57-1198966

PLANETREAD

Tax-exempt · PIEDMONT, CA 94611

Financials

$151K$337K2023$150K$544K2024
Revenue Expenses · by fiscal year end
Financials of PLANETREAD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$150,427$543,734-$393,307$773,558$0$773,558
June 30, 2024990$151,374$336,887-$185,513$1,166,865$0$1,166,865
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$137,305
Program service revenue
$0
Investment income
$13,122
Other revenue
$0

Expenses

Grants and similar amounts paid
$356,539
Compensation of officers, directors and key employees
$148,019
Salaries, compensation and benefits (total)
$148,723
Professional fundraising fees
$5,000
Accounting fees
$10,481
Travel
$7,033
Program services (functional)
$504,558
Management and general (functional)
$29,176
Fundraising (functional)
$10,000

Balance sheet and other

Total assets, start of year
$1,166,865
Total assets, end of year
$773,558
Total liabilities, end of year
$0
Net assets, end of year
$773,558
Gross receipts
$150,427
Employees
1
Volunteers
0
Year formed
2004
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Brij KothariDirector
Trustee or director, Key employee, Highest-paid employee
40$148,019
Shweta SureshBoard Chair Director
Trustee or director
0.5$0
Megan SmithDirector
Trustee or director
0.5$0
Robert LynchCFO Director
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
Brij KothariDirector
Trustee or director, Key employee, Highest-paid employee
40$141,291
Shweta SureshBoard Chair Director
Trustee or director
0.5$0
Megan SmithDirector
Trustee or director
0.5$0
Robert LynchCFO Director
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
26 MANOR DR, PIEDMONT, CA 94611-4144
In care of
% BRIJ KOTHARI
Mailing address (990-N for 2021)
26 Manor Drive, PIEDMONT CA 94611
Principal officer (990 for 2024)
Brij Kothari, 26 MANOR DR, PIEDMONT, CA 946114144
Principal officer (990-N for 2021)
Brij Kothari, 26 Manor Drive, Piedmont CA 94611
Signed the 990
Brij Kothari, Director
Phone
(510) 435-3175

California records

California keeps its own records of charities and corporations. Search them by EIN 57-1198966 or by the name PLANETREAD.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

Scale PlanetReads Same Language Subtitling SLS innovation on mainstream entertainment content on TV and streaming in all languages for three purposes: 1 reading literacy 2 media access and 3 language learning driven by a strategy for systemwide adoption. In India where SLS is gaining traction it has the potential to benefit one billion people. Our system change effort will unfold over 5-7 years in India and is ultimately expected to benefit one billion people. This strategy shift is made possible by competing globally and winning a system change grant from Co-Impact. After successful implementation of SLS in India PlanetRead aims to scale SLS in other countries.

990 for the year ended June 30, 2025

Program accomplishments

  • Around 100 TV programs are being shown with Same Language Subtitles SLS giving over 200 million viewers regular reading practice and skills improvement. Brij Kothari is leading the system change effort for SLS adoption and implementation in India and working on the project full time.
    Expenses $372,051
  • A research grant was given to eye-tracking experts at Macquarie University to analyze the data from India on reading along with SLS. This is creating the evidence for the acceptance of SLS by the entertainment industry.
    Expenses $52,452
  • AniBooks animated stories for children with Same Language Subtitles SLS produced in 6 indigenous languages of Arunachal Pradesh.
    Expenses $80,055

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
57-1198966
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B92)
Assets (IRS master file)
$773,558
Income (IRS master file)
$150,427

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$150,427$543,734$773,558XML
990June 2024$151,374$336,887$1,166,865XML
990June 2023$1,406,707$74,984$1,352,378IRS
990-N for 2021
Officer: Brij Kothari
June 30, 2022≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-1198966).

Questions about PLANETREAD

What is the EIN of PLANETREAD?
The employer identification number (EIN) of PLANETREAD is 57-1198966.
Is PLANETREAD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to PLANETREAD tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PLANETREAD file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PLANETREAD due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PLANETREAD last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of PLANETREAD?
The 990 for the year ended June 30, 2025 names Brij Kothari.
Who are the officers and directors of PLANETREAD?
The 990 for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $148,019 (Brij Kothari, Director).
How much revenue does PLANETREAD have?
On its 990 for the year ended June 30, 2025 it reported revenue of $150,427, expenses of $543,734 and total assets of $773,558 at year end.

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