California Reading Association
- Assets
- $582.2k
- Revenue
- $68.7k
- Investments
- $0.0
- Employees
- 2
- Location
- San Clemente, CA
- Founding
- 06/2018
- Data as of
- 12/2021
- EIN
- 30-0992498
Organization Overview
California Reading Association is located in San Clemente, CA. The organization was established in 2018. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 12/2021, California Reading Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Reading Association 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 12/2021, California Reading Association generated $68.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $83.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE LITERACY
Describe the Organization's Program Activity:
ANNUAL CONFERENCE HELD FOR STAFF DEVELOPMENT FOR TEACHERS IN THE STATE OF CALIFORNIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Belanger Admin Director | Officer | 20 | $18,750 |
Audrey Fleming VP | Trustee | 5 | $0 |
Stephanie Jeppson Ipp | Trustee | 5 | $0 |
Ailish Johnson Pres Elect | Trustee | 5 | $0 |
Karol Eisenbeis President | Trustee | 5 | $0 |
Rita Huitron Rs/t | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $19,194 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,194 |
| Total Program Service Revenue | $25,439 |
| Investment income | $21,592 |
| 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 | $2,456 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $68,681 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $26,173 |
| Compensation of current officers, directors, key employees. | $26,173 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,455 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,911 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,860 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $2,829 |
| All other expenses | $0 |
| Total functional expenses | $83,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $582,177 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $582,177 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $582,177 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $582,177 |
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|---|---|---|
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Make Way For Books Tucson, AZ | $2,670,198 | $2,705,326 |
United Through Reading San Diego, CA | $1,933,982 | $2,576,774 |
Tandem Partners In Early Learning San Francisco, CA | $1,207,894 | $2,135,047 |
Developments In Literacy Inc Irvine, CA | $1,716,599 | $2,242,453 |
The Riordan Foundation South Pasadena, CA | $13,591,111 | $7,320,901 |
Arpan Foundation Incorporated Diamond Bar, CA | $1,095,710 | $1,209,090 |
Read Better Be Better Phoenix, AZ | $1,920,458 | $1,563,168 |
Oakland Literacy Coalition Oakland, CA | $916,422 | $1,367,279 |
916 Ink Sacramento, CA | $593,574 | $1,036,980 |
Street Poets Inc Los Angeles, CA | $3,067,922 | $2,123,543 |