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International : Development and Relief Services

Worldreader.org

Sharing the power of reading with children, adults and families around the world.

four stars

93.91

1211 Folsom Street 4th Floor
San Francisco, CA 94103
tel: (415) 562-4840   Web Site
EIN: 27-2092468

Board Leadership
Peter Spiro
Board Chair

CEO
David Risher
CEO, Co-Founder

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 93.91 four stars
  Financial 96.84 four stars
  Accountability & Transparency 92.00 four stars
This rating was published 08/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Why isn't this based on more recent data?

Founded in 2010, Worldreader aims to cultivate reading around the globe and ultimately contribute to eliminating poverty, reducing inequality and improving prosperity. We provide a library of over 35,000 digital books so that anyone can be a reader. Every month, we empower over 500,000 people in 50 countries to read by combining digital technology with relevant content, smart programming and strong partnerships to make a lasting impact. Our major programs include the pre-reading, school reading, library reading and lifelong reading program. Worldreader supports reading for all ages and looks to increase access to literature in schools around the world.

Founded in 2010, Worldreader aims to cultivate reading around the globe and ultimately contribute to eliminating poverty, reducing inequality and improving prosperity. We provide a library of over 35,000 digital books so that anyone can be a reader. Every month, we empower over 500,000 people in 50 countries to read by combining digital technology with relevant content, smart programming and strong partnerships to make a lasting impact. Our major programs include the pre-reading, school reading, library reading and lifelong reading program. Worldreader supports reading for all ages and looks to increase access to literature in schools around the world.

Impact Information

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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 2018
Number of readers on Worldreader apps or devices
3,687,510
This organization has earned a GuideStar's Platinum Seal of Transparency by voluntarily sharing the measures of progress and results they use to pursue their mission. Organizations earn Platinum Seals by selecting from a catalog of over 900 expert recognized metrics or by creating a new metric that best fits their work. This information is reported by the organization and displayed publicly on their GuideStar Nonprofit Profile. With over 1.6 million Nonprofit Profiles, 9 million annual visitors and over 200 data partners, GuideStar is the world's leading source of information about nonprofit organizations. A nonprofit itself, GuideStar is dedicated to providing better data for better decisions for a better world.
This impact information is current as of September 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.

Learn more about how we calculate the overall score and rating.

Financial

four stars

96.84

Accountability & Transparency

four stars

92.00

This rating was published 08/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 82.7%
  Administrative Expenses 11.8%
  Fundraising Expenses 5.3%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 0.87
  Program Expenses Growth 28.8%
  Liabilities to Assets 3.8%
All data for Financial Performance Metrics calculations was provided by Worldreader.org on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Worldreader.org on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Worldreader.org (CA) 93.91 four stars
CURE International (MI) 94.69 four stars
Feed My Starving Children (MN) 91.84 four stars
SOS International/SOS Local (TX) 88.68 three stars
Heart for Lebanon Foundation (NC) 95.47 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $7,589,696
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $7,589,696
   Program Service Revenue $1,340,673
Total Primary Revenue $8,930,369
   Other Revenue $11,003
TOTAL REVENUE $8,941,372
   
EXPENSES  
   Program Expenses $6,916,754
   Administrative Expenses $1,397,115
   Fundraising Expenses $621,018
TOTAL FUNCTIONAL EXPENSES $8,934,887
   
Payments to Affiliates $0
Excess (or Deficit) for the year $6,485
   
Net Assets $7,398,552

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Literacy Programs $6,916,754 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 08/01/2019 93.91 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 27-2092468
Name in IRS Master File WORLDREADER ORG
NTEE Code Q33
NTEE Classification International Relief
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date October, 2010
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$123,016 1.37% John David Risher President, CEO
Other Salaries of Note
$125,216 1.40% Shannon Atkinson Treasurer & CFO

Highly Rated

Charity Name & State Overall Score Overall Rating
Worldreader.org (CA) 93.91 four stars
Pencils of Promise (NY) 93.17 four stars
Womens International Zionist Organization USA (NY) 88.21 three stars
Save a Child's Heart Foundation (MD) 96.16 four stars
Child Legacy International (TX) 99.42 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Worldreader.org
1211 Folsom Street
4th Floor
San Francisco, CA 94103
tel: (415) 562-4840
EIN: 27-2092468

Mail donations to:
2030 1st Avenue
Suite 300
Seattle, WA 98121

Visit Web Site

Board Leadership

Peter Spiro
Board Chair

CEO

David Risher
CEO, Co-Founder

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