Nonprofit · EIN 83-3401365
OUR KIDS READ ASSOCIATION
Also known as OKRA
Tax-exempt · LAUREL, MD 20707
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $656,402 | $611,329 | $45,073 | $47,825 | $41,746 | $6,079 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAHMAL LAKE | EXECUTIVE DIRECTOR Trustee or director, Officer | 16 | $0 |
| MYRLEEN SPRINGER | TREASURER Trustee or director, Officer | 1 | $0 |
| DENISE DOIG | SECRETARY Trustee or director, Officer | 1 | $0 |
| MARQUIS PARKER | BOARD MEMBER Trustee or director | 1 | $0 |
| KAMIL ALI-JACKSON | BOARD MEMBER Trustee or director | 1 | $0 |
| KAREN ALI | BOARD MEMBER Trustee or director | 1 | $0 |
| SHAWN COLE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAHMAL LAKE | EXECUTIVE DIRECTOR Trustee or director, Officer | 16 | $0 |
| MYRLEEN SPRINGER | TREASURER Trustee or director, Officer | 2 | $0 |
| DENISE DOIG | SECRETARY Trustee or director, Officer | 2 | $0 |
| VANESSA FERNANDEZ | BOARD MEMBER Trustee or director | 2 | $0 |
| MARQUIS PARKER | BOARD MEMBER Trustee or director | 2 | $0 |
| KAMIL ALI-JACKSON | BOARD MEMBER Trustee or director | 2 | $0 |
| KAREN ALI | BOARD 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $656,402 | $611,329 | $47,825 | XML |
| 990 | December 2023 | $311,838 | $340,930 | $5,583 | XML |
| 990 | December 2022 | $564,452 | $525,599 | $16,891 | IRS |
| 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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