Reading Clinic
- Assets
- $44.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palmdale, CA
- Founding
- Data as of
- 12/2023
- EIN
- 86-1652592
Organization Overview
Reading Clinic is located in Palmdale, CA. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reading Clinic 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 12/2023, Reading Clinic generated $138.9k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $113.9k during the year ending 12/2023. While expenses have increased by 4.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DURING THE YEAR, THE NONPROFIT HAD AT LEAST SIX TUTORS PROVIDING TUTORING SERVICES FOR STRUGGLING READERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jayasree Kotha Director | 10 | $0 | |
Pooja Kotha Director | 0.5 | $0 | |
Veena Kotha Director | 0.5 | $0 | |
Shyam Kotha President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $138,929 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $138,929 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $90,400 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $15,626 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,890 |
| Total expenses | $113,916 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,699 |
| Other assets | $0 |
| Total assets | $44,699 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,699 |