Readystart Inc in Richardson, Texas (TX)

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Readystart Inc
Employer Identification Number (EIN)751705621
Name of OrganizationReadystart Inc
Address1701 N Collins Blvd Ste 100, Richardson, TX 75080-3668
ActivitiesSpecial school for the blind, handicapped, etc
SubsectionEducational Organization
Ruling Date07/1980
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period08/2010
Assets$500,000 to $999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$850,825
Amount of Income$7,815,024
Form 990 Revenue Amount$7,815,024
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Specialized Education Institutions


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Amount of income in 2010: $7,815,024 (it was $6,665,796 in 2011)
Readystart Inc: 

 $7,815,024
Other organizations performing similar types of work: 

 $217,579

Assets in 2010: $850,825 (it was $1,184,922 in 2011)
This organization: 

 $850,825
Other organizations performing similar types of work: 

 $99,372

Expenses in 2011: $6,573,791
Readystart Inc: 

 $6,573,791
Other organizations performing similar types of work: 

 $243,038

Income to expenses ratio in 2011: 1.2
Readystart Inc: 

 1.2
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2011: 82.8%
Readystart Inc: 

 82.8%
Other organizations performing similar types of work: 

 5.0%

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$6,665,796
Contributions, Gifts, Grants and Other Similar Amounts$5,521,200
Program Service Revenue$1,120,554
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$726
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$6,108
Gross income from fundraising events$6,108
Less: direct expenses$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$17,208
Statement of Functional Expenses (for 2011)
Total functional expenses$6,573,791
Compensation of current officers, directors, trustees, and key employees$107,756
Other salaries and wages$4,256,197
Payroll taxes$345,908
Professional fundraising services$0
Other$1,863,930
Balance Sheet (for 2011)
Total assets$1,184,922
Total liabilities$477,224
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$477,224
Total net assets or fund balances$707,698
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$24,255,069
Gifts, grants, contributions, and membership fees received$24,239,590
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$15,479
Gross receipts from related activities, etc.$6,493,898
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Readystart Inc1701 N Collins Blvd Ste 100, Richardson, TX 75080-3668TX1980-07$7,815,024
2Renaissance Schools4250 N Belt Line Rd, Irving, TX 75038-4201TX1994-11$3,869,105
3The Rise School Of Austin4800 Manor Road No Bldg J, Austin, TX 78723-5471TX2001-04$3,803,842
4The Khabele School801 Rio Grande St, Austin, TX 78701-2219TX2002-04$3,676,232
5Wilkinson CenterPO BOX 720248, Dallas, TX 75372-0248TX1997-09$2,073,769
6Technology For All Inc2220 Broadway St, Houston, TX 77012-3808TX2001-03$1,333,940
7Learning Disabilities Association Of Texas Inc10510 Montwood Dr Ste A, El Paso, TX 79935-2703TX2012-06$1,136,183
8The Moore-Weis Childrens Center Of Austin1303 Lorrain St, Austin, TX 78703-4020TX2006-02$660,541
9Heritage School Of Texas6125 Luther Lane 322, Dallas, TX 75225-6202TX2012-09$425,564
10Consortium Of Texas Chinese Language Institutes815 Palm Grove Circle, Sugar Land, TX 77498TX2011-10$222,146
11Texas Institute For Federal Taxes, Texas Federal Tax Institute2626 Cole Ave Ste 600, Dallas, TX 75204-1053TX2014-06$198,157
12Camp University315 E Dallas, Mcallen, TX 78501TX2008-03$180,313
13Come Read With Me901 Clinic Dr Suite 109, Euless, TX 76039TX2009-06$154,052
14Adventurers Academy Of Lifelong Learning7106 Shadywood Dr, Austin, TX 78745-6464TX2013-02$129,633
15Urban Link Inc8592 Hwy 6 North, Houston, TX 77095TX2002-06$119,207
16Strawberry Creek Outreach Center Inc6401 Lucerne Drive, Fort Worth, TX 76135-9605TX2009-07$97,348
17Horizon School1207 Winding Way Dr, Friendswood, TX 77546-4808TX2010-04$96,186
18Ravenstar Inc776 E Torrey St, New Braunfels, TX 78130-4166TX2001-05$87,230
19Growing RootsPO BOX 41048, Austin, TX 78704TX2010-07$84,481
20Grace Cougars Shotgun Team530 Hideaway Lane East, Hideaway, TX 75771-5242TX2014-01$81,859
Number of organizations performing similar types of work
Alaska6
Alabama13
Arkansas14
Arizona26
California169
Colorado41
Connecticut24
District of Columbia17
Delaware5
Florida91
Georgia47
Hawaii7
Iowa7
Idaho8
Illinois42
Indiana22
Kansas10
Kentucky6
Louisiana8
Massachusetts39
Maryland34
Maine14
Michigan24
Minnesota21
Missouri20
Mississippi13
Montana5
North Carolina44
North Dakota4
Nebraska5
New Hampshire8
New Jersey43
New Mexico8
Nevada7
New York85
Ohio41
Oklahoma10
Oregon26
Pennsylvania39
Rhode Island5
South Carolina18
Tennessee25
Texas103
Utah11
Virginia34
Vermont2
Washington30
Wisconsin18
West Virginia4
Wyoming1
International10
Total1,314

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