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Nonprofit · EIN 86-3962737

READING NOOK ACADEMY

Tax-exempt · BROOKHAVEN, MS 39601

Financials

$659K$709K2022$670K$595K2023
Revenue Expenses · by fiscal year end
Financials of READING NOOK ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2024990$670,000$595,106$74,894$0$0$0
July 31, 2023990$658,755$708,746-$49,991$0$0$0
Financial details: 990 for the year ended July 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$670,000
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$389,505
Salaries, compensation and benefits (total)
$418,933
Professional fundraising fees
$0
Occupancy
$24,804
Program services (functional)
$595,106

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets, end of year
$0
Gross receipts
$670,000
Employees
24
Volunteers
0
Year formed
2021
State of legal domicile
MS

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 July 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Millicent PorterFounder
Officer
40$26,414
Katherine FlynnMember
Officer
0$0
Kelly EarlsMember
Officer
0$0
Clay WoolleyMember
Officer
0$0
Sonny BrownMember
Officer
0$0
Doug KimbleMember
Officer
0$0
990 for the year ended July 31, 2023: 8 people
NameTitleHours / weekCompensation
Millicent PorterFounder
Officer
40$36,000
Heather BrittMember
Officer
40$32,800
Katherine FlynnMember
Officer
0$0
Kelly EarlsMember
Officer
0$0
Robin DillonMember
Officer
0$0
Clay WoolleyMember
Officer
0$0
Sonny BrownMember
Officer
0$0
Doug KimbleMember
Officer
0$0

Address and contacts

Address (IRS master file)
1208 HONEY CREEK LN NE, BROOKHAVEN, MS 39601-2106
In care of
% MILLICENT PORTER
Principal officer (990 for 2023)
Millie Porter, 1208 Honey Creek Lane, Brookhaven, MS 39601
Signed the 990
Millicent Porter, Owner
Phone
(601) 990-4085

Mission

Provide each child with a formal education that will benefit and help them excel for a lifetime. Our mission is to provide our students with a personal cirrculum that allows them to progress at their own pace, and at the same time diminish each child's personal discouragement concerning education.

990 for the year ended July 31, 2024

Program accomplishments

  • Our program has helped children overcome daily struggles with learning disabilities.
    Expenses $595,106 · revenue $670,000
  • Our program has helped children overcome daily struggles with learning disabilities.0
  • Our program has helped children overcome daily struggles with learning disabilities.0

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
86-3962737
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B28)
Income (IRS master file)
$670,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2024$670,000$595,106$0XML
990July 2023$658,755$708,746$0XML
990June 2022$471,565$433,948$0IRS

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 86-3962737).

Questions about READING NOOK ACADEMY

What is the EIN of READING NOOK ACADEMY?
The employer identification number (EIN) of READING NOOK ACADEMY is 86-3962737.
Is READING NOOK ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to READING NOOK ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does READING NOOK ACADEMY 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 NOOK ACADEMY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did READING NOOK ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2024.
Who is the principal officer of READING NOOK ACADEMY?
The 990 for the year ended July 31, 2024 names Millie Porter.
Who are the officers and directors of READING NOOK ACADEMY?
The 990 for the year ended July 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $26,414 (Millicent Porter, Founder).
How much revenue does READING NOOK ACADEMY have?
On its 990 for the year ended July 31, 2024 it reported revenue of $670,000, expenses of $595,106 and total assets of $0 at year end.

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