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Nonprofit · EIN 83-3401365

OUR KIDS READ ASSOCIATION

Also known as OKRA

Tax-exempt · LAUREL, MD 20707

Financials

$312K$341K2023$656K$611K2024
Revenue Expenses · by fiscal year end
Financials of OUR KIDS READ ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$656,402$611,329$45,073$47,825$41,746$6,079
December 31, 2023990$311,838$340,930-$29,092$5,583$44,577-$38,994
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$645,867
Program service revenue
$0
Investment income
$0
Net income from fundraising events
$10,535
Other revenue
$10,535

Expenses

Grants and similar amounts paid
$381,464
Other salaries and wages
$5,000
Salaries, compensation and benefits (total)
$5,542
Professional fundraising fees
$0
Legal fees
$5,500
Accounting fees
$8,463
Occupancy
$26,067
Travel
$26,210
Program services (functional)
$553,790
Management and general (functional)
$52,841
Fundraising (functional)
$4,698

Balance sheet and other

Total assets, start of year
$5,583
Total assets, end of year
$47,825
Total liabilities, end of year
$41,746
Net assets, end of year
$6,079
Land, buildings and equipment
$2,303
Gross receipts
$717,407
Employees
3
Volunteers
450
Year formed
2019
State of legal domicile
MD

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JAHMAL LAKEEXECUTIVE DIRECTOR
Trustee or director, Officer
16$0
MYRLEEN SPRINGERTREASURER
Trustee or director, Officer
1$0
DENISE DOIGSECRETARY
Trustee or director, Officer
1$0
MARQUIS PARKERBOARD MEMBER
Trustee or director
1$0
KAMIL ALI-JACKSONBOARD MEMBER
Trustee or director
1$0
KAREN ALIBOARD MEMBER
Trustee or director
1$0
SHAWN COLEBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
JAHMAL LAKEEXECUTIVE DIRECTOR
Trustee or director, Officer
16$0
MYRLEEN SPRINGERTREASURER
Trustee or director, Officer
2$0
DENISE DOIGSECRETARY
Trustee or director, Officer
2$0
VANESSA FERNANDEZBOARD MEMBER
Trustee or director
2$0
MARQUIS PARKERBOARD MEMBER
Trustee or director
2$0
KAMIL ALI-JACKSONBOARD MEMBER
Trustee or director
2$0
KAREN ALIBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
14203 DOWNDALE CT, LAUREL, MD 20707-6883
In care of
% JAHMAL LAKE
Mailing address (990-N for 2021)
14203 DOWNDALE CT, LAUREL MD 207076883
Principal officer (990 for 2024)
JAHMAL LAKE, 14203 DOWNDALE COURT, LAUREL, MD 20707
Principal officer (990-N for 2021)
Jahmal Lake, 14203 Downdale Court, Laurel MD 20702
Signed the 990
JAHMAL LAKE, EXECUTIVE DIRECTOR
Phone
(917) 686-3629
Return prepared by
TRIMNERBECKHAM PLLC

Mission

OUR MISSION IS TO PROMOTE THE LOVE OF PHYSICALLY DIVERSE BOOKS WITH CHILDREN AGES 4-12 AND TO USE TECHNOLOGY TO CONNECT OUR STUDENTS AND MENTORS WITH DIVERSE BOOKS THAT ENCOURAGE, INSPIRE, AND EDUCATE.

990 for the year ended December 31, 2024

Program accomplishments

  • READING (AND BEING READ TO) HAS BEEN LINKED TO ALL SORTS OF AMAZING BENEFITS, INCLUDING ENHANCING CREATIVITY, RELEASING ENDORPHINS (POSITIVE EFFECT ON MOOD), INCREASING EMPATHY, DECREASING STRESS, ENHANCING MEMORY, IMPROVING SCHOOL PERFORMANCE, AND INCREASING VOCABULARY. IN ADDITION, A LONG-TERM STUDY BY THE ANNE E. CASEY FOUNDATION FOUND THAT STUDENTS WHO WERE NOT PROFICIENT IN READING BY THE END OF THIRD GRADE WERE FOUR TIMES MORE LIKELY TO DROP OUT OF HIGH SCHOOL THAN PROFICIENT READERS. THE STUDY FURTHER CONCLUDED THAT 88 PERCENT OF STUDENTS WHO FAILED TO EARN A HIGH SCHOOL DIPLOMA WERE STRUGGLING READERS IN THIRD GRADE.OUR KIDS READ IS THEREFORE FOCUSING ON PRE-K THROUGH 5TH GRADE AS THE TARGET FOR OUR READING PROGRAMS IN HOPES OF CREATING LIFELONG READERS TO REAP THE BENEFITS OF READING AND ALL OF ITS BENEFITS.
    Expenses $443,032 · grants $381,464
  • THE OUR KIDS READ "REMOTE READING BUDDIES" PROGRAM CONNECTS WHITE AND BLUE-COLLAR PROFESSIONALS, RETIREES, AND HIGH SCHOOL STUDENTS LOOKING TO SATISFY THEIR COMMUNITY SERVICE HOURS WITH YOUNG PEOPLE IN OUR PROGRAMS WHO ARE BEHIND IN THEIR READING SKILLS. WE RECRUIT FROM LARGE AND SMALL COMPANIES, LOOKING FOR INDIVIDUALS WHO CAN SPARE AT LEAST 30 MINUTES PER WEEK TO READ TO A CHILD (MINIMUM 8-WEEK COMMITMENT). WE AIM TO EXPAND THE READING BUDDIES PROGRAM EXPONENTIALLY OVER THE NEXT FEW YEARS: 250 READING BUDDIES IN 2024, AND 1,000 READING BUDDIES IN 2025.
    Expenses $110,758

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-3401365
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$47,825
Income (IRS master file)
$717,407

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$656,402$611,329$47,825XML
990December 2023$311,838$340,930$5,583XML
990December 2022$564,452$525,599$16,891IRS
990-N for 2021
Officer: Jahmal Lake
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Jahmal Lake
December 31, 2020≤ $50,000 receipts––e-Postcard

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 83-3401365).

Questions about OUR KIDS READ ASSOCIATION

What is the EIN of OUR KIDS READ ASSOCIATION?
The employer identification number (EIN) of OUR KIDS READ ASSOCIATION is 83-3401365.
Is OUR KIDS READ ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to OUR KIDS READ ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OUR KIDS READ ASSOCIATION 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 OUR KIDS READ ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OUR KIDS READ ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OUR KIDS READ ASSOCIATION?
The 990 for the year ended December 31, 2024 names JAHMAL LAKE.
Who are the officers and directors of OUR KIDS READ ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does OUR KIDS READ ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $656,402, expenses of $611,329 and total assets of $47,825 at year end.

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