Raising Readers In Story County
- Assets
- $721.1k
- Revenue
- $172.1k
- Investments
- $0.0
- Employees
- 14
- Location
- Ames, IA
- Founding
- 11/2005
- Data as of
- 06/2022
- EIN
- 20-1672684
Organization Overview
Raising Readers In Story County is located in Ames, IA. The organization was established in 2005. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2022, Raising Readers In Story County employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Raising Readers In Story County is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Raising Readers In Story County generated $172.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $148.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE BOOKS AND READING MATERIALS FOR CHILDREN IN STRATEGIC PUBLIC LOCATIONS FOR THE PURPOSE OF INCREASING LITERACY IN CHILDREN IN STORY COUNTY, IOWA
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE BOOKS AND READING MATERIALS FOR CHILDREN IN STRATEGIC PUBLIC LOCATIONS FOR THE PURPOSE OF INCREASING LITERACY IN CHILDREN IN STORY COUNTY, IOWA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janeen Christy Treasurer | OfficerTrustee | 1 | $0 |
Lynne Carey Vice President | OfficerTrustee | 1 | $0 |
Jerri Heid President | OfficerTrustee | 3 | $0 |
Ellen Mcintosh Secretary | OfficerTrustee | 1 | $0 |
Kristi Mayo Executive Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,551 |
| Investment income | -$39,452 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $172,099 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,477 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $138 |
| Payroll taxes | $5,543 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,127 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $217 |
| Office expenses | $1,508 |
| Information technology | $5,335 |
| Royalties | $0 |
| Occupancy | $4,961 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,749 |
| All other expenses | $0 |
| Total functional expenses | $148,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,923 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,318 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,330 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $456,532 |
| Total assets | $721,103 |
| Accounts payable and accrued expenses | $11,868 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1 |
| Total liabilities | $11,869 |
| Net assets without donor restrictions | $243,152 |
| Net assets with donor restrictions | $466,082 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $709,234 |