Nonprofit · EIN 23-7425712
READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCORPORATED
Tax-exempt · COMMERCE, CA 90040
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990 | $486,280 | $500,155 | -$13,875 | $1,155,478 | $80,814 | $1,074,664 |
| June 30, 2025 | 990 | $531,668 | $468,586 | $63,082 | $1,216,383 | $127,844 | $1,088,539 |
| June 30, 2024 | 990 | $520,772 | $493,286 | $27,486 | $1,029,160 | $3,703 | $1,025,457 |
Financial details: 990 for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $250,163
- Program service revenue
- $136,142
- Investment income
- $99,975
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $119,534
- Other salaries and wages
- $85,740
- Salaries, compensation and benefits (total)
- $205,274
- Professional fundraising fees
- $0
- Accounting fees
- $13,500
- Occupancy
- $65,038
- Program services (functional)
- $402,529
- Management and general (functional)
- $47,770
- Fundraising (functional)
- $49,856
Balance sheet and other
- Total assets, start of year
- $1,216,383
- Total assets, end of year
- $1,155,478
- Total liabilities, end of year
- $80,814
- Net assets, end of year
- $1,074,664
- Publicly traded securities
- $804,371
- Net assets without donor restrictions
- $1,049,664
- Net assets with donor restrictions
- $25,000
- Gross receipts
- $486,280
- Employees
- 3
- Year formed
- 1974
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER GRESENZ | TREASURER Trustee or director | 1 | $0 |
| ALVA SACHS | BOARD EMERITUS Trustee or director | 1 | $0 |
| MICHAEL F CHAVEZ | PRESIDENT Trustee or director | 1 | $0 |
| BRIAN ALIMAN | SECRETARY Trustee or director | 1 | $0 |
| CYNTHIA KOSSAN | BOARD MEMBER Trustee or director | 1 | $0 |
| GEORGE KOSSAN | BOARD MEMBER Trustee or director | 1 | $0 |
| KENNETH HOO | BOARD MEMBER Trustee or director | 1 | $0 |
| OSHRI HAKAK | BOARD MEMBER Trustee or director | 1 | $0 |
| DEBBIE LASKEY | BOARD MEMBER Trustee or director | 1 | $0 |
| CAROL HENAULT | EXECUTIVE DIRECTOR Key employee | 40 | $0 |
990 for the year ended June 30, 2025: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER GRESENZ | TREASURER Trustee or director | 1 | $0 |
| ANGIE FLORES | BOARD MEMBER Trustee or director | 1 | $0 |
| ALVA SACHS | BOARD EMERITUS Trustee or director | 1 | $0 |
| ANDREW A MENESES JR | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL F CHAVEZ | PRESIDENT Trustee or director | 1 | $0 |
| TERESA VERDUZCO LOPEZ | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIAN ALIMAN | SECRETARY Trustee or director | 1 | $0 |
| CYNTHIA KOSSAN | BOARD MEMBER Trustee or director | 1 | $0 |
| GEORGE KOSSAN | BOARD MEMBER Trustee or director | 1 | $0 |
| KENNETH HOO | BOARD MEMBER Trustee or director | 1 | $0 |
| CAROL HENAULT | EXECUTIVE DIRECTOR Key employee | 40 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER GRESENZ | TREASURER Trustee or director | 1 | $0 |
| ANGIE FLORES | BOARD MEMBER Trustee or director | 1 | $0 |
| ALVA SACHS | BOARD MEMBER Trustee or director | 1 | $0 |
| ANDREW A MENESES JR | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL F CHAVEZ | PRESIDENT Trustee or director | 1 | $0 |
| TERESA VERDUZCO LOPEZ | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIAN ALIMAN | SECRETARY Trustee or director | 1 | $0 |
| CYNTHIA KOSSAN | BOARD MEMBER Trustee or director | 1 | $0 |
| GEORGE KOSSAN | BOARD MEMBER Trustee or director | 1 | $0 |
| CAROL HENAULT | EXECUTIVE DIRECTOR Key employee | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 7250 BANDINI BLVD STE 209, COMMERCE, CA 90040-3344
- In care of
- % SHIRLEY C COHEN TREASURER
- Principal officer (990 for 2025)
- CAROL HENAULT, 7250 BANDINI BLVD SUITE 209, LOS ANGELES, CA 90040
- Signed the 990
- CAROL HENAULT, EXECUTIVE DIRECTOR
- Phone
- (323) 890-0876
- Website
- WWW.RIFSOCAL.ORG
- Return prepared by
- RAUL CARREGACPA
California records
California keeps its own records of charities and corporations. Search them by EIN 23-7425712 or by the name READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCORPORATED.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO PROMOTE LITERACY AND MOTIVATE CHILDREN TO READ BY PROVIDING NEW BOOKS TO CREATE HOME LIBRARIES FOR UNDERSERVED CHILDREN IN SOUTHERN CALIFORNIA.
Program accomplishments
- Distributed over 112,000 new books to economically disadvantaged children in high-poverty preschools, elementary schools, middle schools, Head Start sites, and community-based organizations in Los Angeles and Orange Counties.Expenses $402,529
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990 on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7425712
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1975
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B92Z)
- Assets (IRS master file)
- $1,155,478
- Income (IRS master file)
- $486,280
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2026 | $486,280 | $500,155 | $1,155,478 | XML |
| 990 | June 2025 | $531,668 | $468,586 | $1,216,383 | XML |
| 990 | June 2024 | $520,772 | $493,286 | $1,029,160 | XML |
| 990 | June 2023 | $482,049 | $470,873 | $1,016,507 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7425712).
Questions about READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCORPORATED
- What is the EIN of READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCORPORATED?
- The employer identification number (EIN) of READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCORPORATED is 23-7425712.
- Is READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCORPORATED due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2026.
- Who is the principal officer of READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCORPORATED?
- The 990 for the year ended June 30, 2026 names CAROL HENAULT.
- Who are the officers and directors of READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCORPORATED?
- The 990 for the year ended June 30, 2026 lists 10 people; 0 received compensation from the organization.
- How much revenue does READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCORPORATED have?
- On its 990 for the year ended June 30, 2026 it reported revenue of $486,280, expenses of $500,155 and total assets of $1,155,478 at year end.
Other nonprofits in COMMERCE
- SMART & FINAL EDUCATION FOUNDATION EIN 95-4800664 · last filed 990-PF for 2024
- DUNN-EDWARDS FOUNDATION EIN 93-1371062 · last filed 990-EZ for 2024
- PACIFIC PRINTING INDUSTRIES EDUCATIONAL TRUST EIN 94-3099112 · last filed 990-EZ for 2024
- COMMERCE EVENING LIONS EIN 51-0198588 · last filed 990-N for 2025
- ALTAMED HEALTH SERVICES CORP EIN 95-2810095 · last filed 990 for 2024
- JWCH INSTITUTE INC EIN 95-2289916 · last filed 990 for 2025
- FAMILY HEALTH CARE CENTERS OF GREATER LOS ANGELES INC EIN 95-1641454 · last filed 990 for 2025
- LOS ANGELES ELECTRICAL JOINT APPRENTICESHIP & EDUCATIONAL TRAIN EIN 95-6123788 · last filed 990 for 2025