Nonprofit · EIN 57-1198966
PLANETREAD
Tax-exempt · PIEDMONT, CA 94611
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $150,427 | $543,734 | -$393,307 | $773,558 | $0 | $773,558 |
| June 30, 2024 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brij Kothari | Director Trustee or director, Key employee, Highest-paid employee | 40 | $148,019 |
| Shweta Suresh | Board Chair Director Trustee or director | 0.5 | $0 |
| Megan Smith | Director Trustee or director | 0.5 | $0 |
| Robert Lynch | CFO Director Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brij Kothari | Director Trustee or director, Key employee, Highest-paid employee | 40 | $141,291 |
| Shweta Suresh | Board Chair Director Trustee or director | 0.5 | $0 |
| Megan Smith | Director Trustee or director | 0.5 | $0 |
| Robert Lynch | CFO 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
- Website
- www.planetread.org
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)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $150,427 | $543,734 | $773,558 | XML |
| 990 | June 2024 | $151,374 | $336,887 | $1,166,865 | XML |
| 990 | June 2023 | $1,406,707 | $74,984 | $1,352,378 | IRS |
| 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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- PIEDMONT HIGH SCHOOL PARENTS CLUB EIN 94-2594204 · last filed 990-EZ for 2025
- LINDA BEACH PRESCHOOL EIN 94-1212133 · last filed 990-EZ for 2025
- ORION FUND EIN 42-6651461 · last filed 990 for 2025
- WILDWOOD SCHOOL PARENTS CLUB EIN 94-3104603 · last filed 990-EZ for 2026