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Reading Is Fundamental Of Southern California Incorporated

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Remedial Reading, Reading Encouragement (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$521k (2024)

Expenses
$493k (2024)

Total Assets
$1.03M (2024)

Total Liabilities
$3.7k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$520,772
Expenses
$493,286
Net Income
$27,486
Net Assets
$1,025,457
Notable Sources of Revenue Percent of Total Revenue
Contributions $267,536
51.4%
Program Services $173,309
33.3%
Investment Income $79,927
15.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $122,316
24.8%
Professional Fundraising Fees $573
0.1%
Other Salaries and Wages $84,419
17.1%
Assets/Debt
Total Assets $1,029,160
Total Liabilities $3,703
Net Assets $1,025,457
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Gresenz (Treasurer) $0 $0 $0
Angie Flores (Board Member) $0 $0 $0
Alva Sachs (Board Member) $0 $0 $0
Andrew A Meneses Jr (Board Member) $0 $0 $0
Michael F Chavez (President) $0 $0 $0
Teresa Verduzco Lopez (Board Member) $0 $0 $0
Brian Aliman (Secretary) $0 $0 $0
Cynthia Kossan (Board Member) $0 $0 $0
George Kossan (Board Member) $0 $0 $0
Carol Henault (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$482,049
Expenses
$470,873
Net Income
$11,176
Net Assets
$997,971
Notable Sources of Revenue Percent of Total Revenue
Contributions $234,581
48.7%
Program Services $182,345
37.8%
Investment Income $65,123
13.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $122,513
26.0%
Professional Fundraising Fees $30,000
6.4%
Other Salaries and Wages $62,549
13.3%
Assets/Debt
Total Assets $1,016,507
Total Liabilities $18,536
Net Assets $997,971
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Gresenz (Treasurer) $0 $0 $0
Angie Flores (Secretary) $0 $0 $0
Leat Regwan (Board Member) $0 $0 $0
Alva Sachs (President) $0 $0 $0
Andrew A Meneses Jr (Board Member) $0 $0 $0
Michael F Chavez (Board Member) $0 $0 $0
Teresa Verduzco Lopez (Board Member) $0 $0 $0
Carol Henault (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$416,130
Expenses
$541,414
Net Income
-$125,284
Net Assets
$986,795
Notable Sources of Revenue Percent of Total Revenue
Contributions $260,207
62.5%
Program Services $140,545
33.8%
Investment Income $15,378
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $124,731
23.0%
Professional Fundraising Fees $30,000
5.5%
Other Salaries and Wages $56,458
10.4%
Assets/Debt
Total Assets $1,003,941
Total Liabilities $17,146
Net Assets $986,795
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Gresenz (Treasurer) $0 $0 $0
Angie Flores (Secretary) $0 $0 $0
Leat Regwan (Board Member) $0 $0 $0
Alva Sachs (President) $0 $0 $0
Phnesha M Jefferson (Board Member) $0 $0 $0
Andrew A Meneses Jr (Board Member) $0 $0 $0
Michael F Chavez (Board Member) $0 $0 $0
Teresa Verduzco Lopez (Board Member) $0 $0 $0
Carol Henault (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$585,702
Expenses
$404,094
Net Income
$181,608
Net Assets
$1,112,079
Notable Sources of Revenue Percent of Total Revenue
Contributions $300,511
51.3%
Program Services $124,195
21.2%
Investment Income $160,996
27.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $125,998
31.2%
Professional Fundraising Fees $26,400
6.5%
Other Salaries and Wages $53,727
13.3%
Assets/Debt
Total Assets $1,155,945
Total Liabilities $43,866
Net Assets $1,112,079
Compensation
Key Employees and Officers Compensation Related Other
Carol Henault (Executive Director) $125,998 $0 $0
Jennifer Gresenz (Treasurer) $0 $0 $0
Angie Flores (Secretary) $0 $0 $0
Leat Regwan (Board Member) $0 $0 $0
Alva Sachs (President) $0 $0 $0
Phnesha M Jefferson (Board Member) $0 $0 $0
Andrew A Meneses Jr (Board Member) $0 $0 $0
Michael F Chavez (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$405,800
Expenses
$401,508
Net Income
$4,292
Net Assets
$930,471
Notable Sources of Revenue Percent of Total Revenue
Contributions $153,759
37.9%
Program Services $205,400
50.6%
Investment Income $46,641
11.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $116,648
29.1%
Professional Fundraising Fees $0
Other Salaries and Wages $53,708
13.4%
Assets/Debt
Total Assets $974,023
Total Liabilities $43,552
Net Assets $930,471
Compensation
Key Employees and Officers Compensation Related Other
Carol Henault (Executive Director) $116,648 $0 $0
Jennifer Gresenz (Treasurer) $0 $0 $0
Angie Flores (Secretary) $0 $0 $0
Leat Regwan (Board Member) $0 $0 $0
Alva Sachs (President) $0 $0 $0
G Brian Benson (Board Member) $0 $0 $0
Andrew A Meneses Jr (Board Member) $0 $0 $0
Michael F Chavez (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$558,911
Expenses
$454,868
Net Income
$104,043
Net Assets
$926,179
Notable Sources of Revenue Percent of Total Revenue
Contributions $245,312
43.9%
Program Services $241,254
43.2%
Investment Income $72,345
12.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $118,234
26.0%
Professional Fundraising Fees $24,200
5.3%
Other Salaries and Wages $61,815
13.6%
Assets/Debt
Total Assets $926,208
Total Liabilities $29
Net Assets $926,179
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Gresenz (Treasurer) $0 $0 $0
Carly Lamphere (Secretary) $0 $0 $0
Angie Flores (Board Member) $0 $0 $0
Allison Casillas (Board Member) $0 $0 $0
Alva Sachs (President) $0 $0 $0
G Brian Benson (Board Member) $0 $0 $0
Andrew A Meneses Jr (Board Member) $0 $0 $0
Phyllis Shlecter (Chair Emeritus) $0 $0 $0
Carol Henault (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$512,676
Expenses
$524,663
Net Income
-$11,987
Net Assets
$822,136
Notable Sources of Revenue Percent of Total Revenue
Contributions $191,232
37.3%
Program Services $263,316
51.4%
Investment Income $58,128
11.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $116,888
22.3%
Professional Fundraising Fees $24,000
4.6%
Other Salaries and Wages $67,578
12.9%
Assets/Debt
Total Assets $826,251
Total Liabilities $4,115
Net Assets $822,136
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Gresenz (Treasurer) $0 $0 $0
Carly Lamphere (Secretary) $0 $0 $0
Angie Flores (Board Member) $0 $0 $0
Allison Granger (Board Member) $0 $0 $0
Alva Sachs (President) $0 $0 $0
Veronica T Ota (Board Member) $0 $0 $0
Andrew A Meneses Jr (Board Member) $0 $0 $0
Phyllis Shlecter (Chair Emeritus) $0 $0 $0
Carol Henault (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$667,168
Expenses
$628,395
Net Income
$38,773
Net Assets
$834,123
Notable Sources of Revenue Percent of Total Revenue
Contributions $357,241
53.5%
Program Services $238,869
35.8%
Investment Income $71,058
10.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $115,134
18.3%
Professional Fundraising Fees $23,600
3.8%
Other Salaries and Wages $78,098
12.4%
Assets/Debt
Total Assets $848,017
Total Liabilities $13,894
Net Assets $834,123
Compensation
Key Employees and Officers Compensation Related Other
Christopher E Ranieri (Treasurer) $0 $0 $0
Penny S Markey (Secretary) $0 $0 $0
Monyca M Brown (Board Member) $0 $0 $0
Katherine Richards (Board Member) $0 $0 $0
Alva Sachs (President) $0 $0 $0
Veronica T Ota (Board Member) $0 $0 $0
Melanie Thorne (Board Member) $0 $0 $0
Carol Henault (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$543,772
Expenses
$644,210
Net Income
-$100,438
Net Assets
$795,350
Notable Sources of Revenue Percent of Total Revenue
Contributions $341,347
62.8%
Program Services $191,355
35.2%
Investment Income $11,070
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $112,361
17.4%
Professional Fundraising Fees $21,600
3.4%
Other Salaries and Wages $77,397
12.0%
Assets/Debt
Total Assets $829,596
Total Liabilities $34,246
Net Assets $795,350
Compensation
Key Employees and Officers Compensation Related Other
Christopher E Ranieri (Treasurer) $0 $0 $0
Penny S Markey (Secretary) $0 $0 $0
Monyca M Brown (Board Member) $0 $0 $0
Katherine Richards (Board Member) $0 $0 $0
Alva Sachs (President) $0 $0 $0
Veronica T Ota (Board Member) $0 $0 $0
Carol Henault (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$459,255
Expenses
$611,857
Net Income
-$152,602
Net Assets
$895,788
Notable Sources of Revenue Percent of Total Revenue
Contributions $299,585
65.2%
Program Services $144,591
31.5%
Investment Income $15,079
3.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $111,351
18.2%
Professional Fundraising Fees $19,800
3.2%
Other Salaries and Wages $79,687
13.0%
Assets/Debt
Total Assets $911,605
Total Liabilities $15,817
Net Assets $895,788

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$631,686
Expenses
$513,830
Net Income
$117,856
Net Assets
$1,048,390
Notable Sources of Revenue Percent of Total Revenue
Contributions $411,357
65.1%
Program Services $130,258
20.6%
Investment Income $90,071
14.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $105,487
20.5%
Professional Fundraising Fees $18,000
3.5%
Other Salaries and Wages $72,927
14.2%
Assets/Debt
Total Assets $1,057,303
Total Liabilities $8,913
Net Assets $1,048,390

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$424,796
Expenses
$548,438
Net Income
-$123,642
Net Assets
$930,534
Notable Sources of Revenue Percent of Total Revenue
Contributions $349,278
82.2%
Program Services $8,676
2.0%
Investment Income $66,842
15.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $99,389
18.1%
Professional Fundraising Fees $1,172
0.2%
Other Salaries and Wages $64,255
11.7%
Assets/Debt
Total Assets $930,835
Total Liabilities $301
Net Assets $930,534

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$846,005
Expenses
$661,805
Net Income
$184,200
Net Assets
$1,054,176
Notable Sources of Revenue Percent of Total Revenue
Contributions $795,129
94.0%
Program Services $0
Investment Income $50,876
6.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $100,104
15.1%
Professional Fundraising Fees $1,254
0.2%
Other Salaries and Wages $71,632
10.8%
Assets/Debt
Total Assets $1,054,887
Total Liabilities $711
Net Assets $1,054,176

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$813,397
Expenses
$793,688
Net Income
$19,709
Net Assets
$869,976
Notable Sources of Revenue Percent of Total Revenue
Contributions $734,003
90.2%
Program Services $0
Investment Income $79,394
9.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $99,391
12.5%
Professional Fundraising Fees $1,638
0.2%
Other Salaries and Wages $74,804
9.4%
Assets/Debt
Total Assets $870,461
Total Liabilities $485
Net Assets $869,976

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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