Bay State Reading Institute INC

Amesbury, MAUnknown exempt organization EIN 32-0161930Revenue $199K in FY2021

On file with the IRSmomenta.org11 Fern Street · Amesbury, MA

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To provide Reading and principal coaching and professional development in kindergarten through sixth grade for schools in massachusetts

32¢ of each $1 spent went to programs.
$178K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $180K a year · 20% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
32%
of spending
Concern: 32% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$178K
to officers and key staff · 40% of spending
Concern: pay to officers and key staff is 40% of spending; over 30%.
Pt VII · Sec A
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$199K
-67% vs prior year
Spent
$450K
To programs
32%
Net assets
$0
By yearFY2020–FY2021
Revenue
$199K
FY2021▼ -67%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$604K
FY2021$199K
Expenses
$450K
FY2021▼ -20%
Tap a bar for its year
Expenses by fiscal year
FY2020$883K
FY2021$562K
FY2021$450K
Net assets
$0
FY2021▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$560K
FY2021$602K
FY2021$0

From the FY2021 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

32 cents of each dollar spent went to programs.

Program services 32% · $143K Management & general 68% · $307K Fundraising 0% · $406

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $178K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$178,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2021FY2021FY2020
Brigitte a Ruhe$178,000$94,003$100,047
Ben Scherz——$108,919
Kelly Ally——$106,681

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Bay State Reading Institute INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves reading and leadership in Massachusetts K-6 schools through coaching and professional development.

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Provided by the organization

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1 program · $143K · in their own filed words · FY2021
01

The institution provides funding for on-going professional development and training for teachers, reading specialists and principles, curriculum and intervention materials, assessment tools and intensive coaching services

$143Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$199K
Ln 12
Fees for servicesLn 2g$199K
Money outPt IX
$450K
Ln 25
Programscol B$143K
Managementcol C$307K
Fundraisingcol D$406
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$199K
Total revenueLn 12$199K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 511
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Total assetsLn 16$622K$0
LiabilitiesLn 26$20K$0
Net assetsLn 32$602K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$178K$178K
Other salaries and wagesLn 7$187K$121K$66K
Other employee benefitsLn 9$32K$5K$27K
Payroll taxesLn 10$21K$10K$11K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$7K$7K
Conferences, conventions and meetingsLn 19$60$60
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$10K$5K$5K
All other expensesLn 24e$3K$2K$911$406
Total functional expensesLn 25$450K$143K$307K$406

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 $604K$562K$42K$602K 990 PDF
FY2020 $1.2M$883K$318K$560K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $198,667 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,511$0
I-9 Program service revenuePrior year $596,383$198,667
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $603,894$198,667
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $499,601$418,107
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $62,528$31,869
I-18 Total expensesPrior year $562,129$449,976
I-19 Revenue less expensesPrior year $41,765−$251,309
Part VI · Governance 8 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $198,667 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $198,667$198,667
VIII-12 Total revenueRelated to mission $198,667$198,667
Part IX · Statement of functional expenses $449,976 across 10 lines filed
IX-5 Pay of current officers, directors and key staffManagement $178,000$178,000
IX-7 Other salaries and wagesPrograms $120,826 · Management $65,818$186,644
IX-9 Other employee benefitsPrograms $5,479 · Management $26,918$32,397
IX-10 Payroll taxesPrograms $9,753 · Management $11,313$21,066
IX-11b Legal feesManagement $6,144$6,144
IX-11c Accounting feesManagement $7,000$7,000
IX-19 Conferences, conventions and meetingsManagement $60$60
IX-23 InsuranceManagement $5,484$5,484
IX-24 Other expenses (24a–d)Programs $4,559 · Management $5,291$9,850
IX-24e All other expensesPrograms $2,014 · Management $911 · Fundraising $406$3,331
IX-25 Total functional expensesPrograms $142,631 · Management $306,939 · Fundraising $406$449,976
Part X · Balance sheet $0 assets, 4 lines filed
X-16 Total assetsStart of year $621,956$0
X-26 Total liabilitiesStart of year $19,765$0
X-32 Total net assets or fund balancesStart of year $602,191$0
X-33 Total liabilities and net assetsStart of year $621,956$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$198,667
XI-2 Total expenses$449,976
XI-3 Revenue less expenses−$251,309
XI-4 Net assets at start of year$602,191
XI-9 Other changes in net assets−$350,882
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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