Prime Time Family Reading
- Assets
- $2.5m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 129
- Location
- New Orleans, LA
- Founding
- 06/2004
- Data as of
- 10/2020
- EIN
- 20-0960673
Organization Overview
Prime Time Family Reading is located in New Orleans, LA. The organization was established in 2004. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 10/2020, Prime Time Family Reading employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prime Time Family Reading is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF PRIME TIME FAMILY READING IS TO CREATE THE PRECONDITION FOR FUTURE LEARNING AMONG ECONOMICALLY AND EDUCATIONALLY VULNERABLE FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN SEPTEMBER 2016, PRIME TIME WAS SELECTED BY THE FEDERAL OFFICE OF HEAD START TO ADMINISTER A HEAD START PROGRAM IN OUACHITA PARISH, LA. WITH THIS AWARD, PRIME TIME, INC. IS PREPARED TO SERVE 555 OUACHITA PARISH STUDENTS AND FAMILIES. PRIME TIME IS DELIVERING A HIGH-QUALITY, COMPREHENSIVE HEAD START PROGRAM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Willie Mount Chair - Board Of Direc | OfficerTrustee | 0.5 | $0 |
Janet V Haedicke PHD Secretary - Board Of Direc | OfficerTrustee | 0.5 | $0 |
Elaine Garvey Assistant Treasurer - Board Of Directors | OfficerTrustee | 0.5 | $0 |
Elizabeth Ary Treasurer - Board Of Directors | OfficerTrustee | 0.5 | $0 |
Brad Adams Immediate Past Chair - Board Of Director | OfficerTrustee | 0.5 | $0 |
Miranda Restovic President/executive Direct | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,544,994 |
| Investment income | $0 |
| 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 | $6,549,424 |
| 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 | $2,632,069 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $383,127 |
| Payroll taxes | $197,191 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,979 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,140 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $85,858 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,104,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,948 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $27,920 |
| 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 | $83,634 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,481,247 |
| Accounts payable and accrued expenses | $520,912 |
| 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 | $520,912 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,960,335 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Prime Time Family Reading has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Martial F Billeaud Sr Foundation Broussard, LA PURPOSE: CIVIC | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Meridian Corporation Austin, TX | $22,335,966 | $20,374,244 |
Belle Chasse Academy Inc Belle Chasse, LA | $29,416,847 | $17,545,847 |
Village Tech Schools Duncanville, TX | $32,290,922 | $14,785,373 |
Bexar County Performing Arts Center Foundation San Antonio, TX | $183,646,136 | $8,087,390 |
Leading Educators Inc New Orleans, LA | $10,160,201 | $9,461,961 |
Hispanic Association Of Colleges And Universities San Antonio, TX | $14,909,180 | $14,551,149 |
Passages America Israel Inc Allen, TX | $8,997,691 | $7,060,714 |
Extend-A-Care Inc Austin, TX | $4,350,683 | $9,102,758 |
Educate Girls Austin, TX | $42,960,470 | $14,126,525 |
North Mississippi Education Consortion University, MS | $2,578,004 | $9,299,460 |
Evolution Acadamy Richardson, TX | $15,542,643 | $6,925,248 |
Prime Time Family Reading New Orleans, LA | $2,481,247 | $6,549,424 |