Project Read Inc
- Assets
- $88.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dayton, OH
- Founding
- 06/2016
- Data as of
- 06/2022
- EIN
- 81-2408822
Organization Overview
Project Read Inc is located in Dayton, OH. The organization was established in 2016. 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. Project Read Inc 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, Project Read Inc generated $71.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $50.7k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROJECT READ HAS BEEN ACTIVELY WORKING TO HELP IMPROVE LITERACY IN THE METRO DAYTON AREA FOR OVER 30 YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Farnbacher President | 1 | $0 | |
Tyler Carver Treasuer | 1 | $0 | |
Bryan Ashenbaum Marketing & Strategic Plan | 1 | $0 | |
Ollen Landrum VP Operations | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,444 |
| Total Program Service Revenue | $54,284 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,728 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,835 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $33,544 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,271 |
| Total expenses | $50,650 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,989 |
| Other assets | $0 |
| Total assets | $87,989 |
| Total liabilities | $0 |
| Net assets or fund balances | $87,989 |