Education : Early Childhood Programs and Services

Ferst Readers

A child's path to a brighter future is paved with books.

impact data icon

Impact Information is available from our partner, GuideStar

four stars

99.79

P.O. Box 1327 Madison, GA 30650
tel: (888) 565-0177   Web Site
EIN: 58-2489181

Board Leadership
Stacy Brees
Chair

CEO
Betsy Wagenhauser
President

  Score
(out of 100)
Rating
Overall Score & Rating 99.79 four stars
  Financial 99.71 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 03/01/2019 and includes data from FY2017, the most recent 990 received at that time.

Ferst Readers' mission is to strengthen communities by providing quality books and literacy resources for children and their families to use at home during the earliest stages of development. Ferst Readers addresses the growing concern of children from low-income communities entering kindergarten without basic literacy skills and school readiness, a preventable problem with far-reaching impacts. The recipe for early school success is simple: start school with strong language and literacy skills. Ferst Readers' recipe for encouraging literacy development is even simpler: ensure that children have age-appropriate books in their home and provide parents with literacy resources that reinforce the importance of early learning and encourage them to read frequently with their children. By mailing a new book every month to enrolled children, birth to five, Ferst Readers is committed to providing early learning opportunities with the hope of breaking the cycle of poverty and illiteracy.

Ferst Readers' mission is to strengthen communities by providing quality books and literacy resources for children and their families to use at home during the earliest stages of development. Ferst Readers addresses the growing concern of children from low-income communities entering kindergarten without basic literacy skills and school readiness, a preventable problem with far-reaching impacts. The recipe for early school success is simple: start school with strong language and literacy skills. Ferst Readers' recipe for encouraging literacy development is even simpler: ensure that children have age-appropriate books in their home and provide parents with literacy resources that reinforce the importance of early learning and encourage them to read frequently with their children. By mailing a new book every month to enrolled children, birth to five, Ferst Readers is committed to providing early learning opportunities with the hope of breaking the cycle of poverty and illiteracy.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
Reported Results
Total in 2017
Number of children who have emerging literacy skills such as beginning letter recognition and phonological awareness, story comprehension, and use of writing materials.
9,028
Number of books distributed
416,325
Number of children, birth to five, receiving books and literacy resources mailed to them at home.
46,850
This impact information is current as of March 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

99.71

Accountability & Transparency

four stars

100.00

This rating was published 03/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
92.4%
  Administrative Expenses 5.5%
  Fundraising Expenses 1.9%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 1.31
  Program Expenses Growth 9.7%
  Liabilities to Assets 3.1%
All data for Financial Performance Metrics calculations was provided by Ferst Readers on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Ferst Readers on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,185,432
   Federated Campaigns $289,093
   Membership Dues $0
   Fundraising Events $21,850
   Related Organizations $0
   Government Grants $0
Total Contributions $1,496,375
   Program Service Revenue $25
Total Primary Revenue $1,496,400
   Other Revenue $93,879
TOTAL REVENUE $1,590,279
   
EXPENSES  
   Program Expenses $1,177,282
   Administrative Expenses $76,500
   Fundraising Expenses $19,448
TOTAL FUNCTIONAL EXPENSES $1,273,230
   
Payments to Affiliates $0
Excess (or Deficit) for the year $317,049
   
Net Assets $1,489,462

Charts

Compensation % of Expenses Paid to Title
$60,000 4.71% Elizabeth Wagenhauser President

Mission

Ferst Readers' mission is to strengthen communities by providing quality books and literacy resources for children and their families to use at home during the earliest stages of development. Ferst Readers addresses the growing concern of children from low-income communities entering kindergarten without basic literacy skills and school readiness, a preventable problem with far-reaching impacts. The recipe for early school success is simple: start school with strong language and literacy skills. Ferst Readers' recipe for encouraging literacy development is even simpler: ensure that children have age-appropriate books in their home and provide parents with literacy resources that reinforce the importance of early learning and encourage them to read frequently with their children. By mailing a new book every month to enrolled children, birth to five, Ferst Readers is committed to providing early learning opportunities with the hope of breaking the cycle of poverty and illiteracy.

Highly Rated

Charity Name & State Overall Score Overall Rating
Ferst Readers (GA) 99.79 four stars
Literary Arts (OR) 85.87 three stars
Book Trust (CO) 88.43 three stars
Read Alliance (NY) 86.82 three stars
Reading Partners (CA) 90.29 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

Ferst Readers
P.O. Box 1327
Madison, GA 30650
tel: (888) 565-0177
EIN: 58-2489181

Visit Web Site

Board Leadership

Stacy Brees
Chair

CEO

Betsy Wagenhauser
President