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Education : Early Childhood Programs and Services

Worldreader.org

Readers build a better world.

four stars

90.37

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 90.37 four stars
  Financial 86.39 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?

Founded in 2010, Worldreader works globally with partners to support vulnerable and underserved communities with digital reading solutions that help improve learning outcomes, workforce readiness, and gender equity.

Founded in 2010, Worldreader works globally with partners to support vulnerable and underserved communities with digital reading solutions that help improve learning outcomes, workforce readiness, and gender equity.

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 2019
Number of readers on Worldreader apps or devices
2,044,940
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 August 2020, 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

three stars

86.39

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2020 and includes data from FY2018, 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)		 79.6%
  Administrative Expenses 12.5%
  Fundraising Expenses 7.7%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 0.86
  Program Expenses Growth 2.9%
  Liabilities to Assets 7.6%
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) 90.37 four stars
Book Trust (CO) 90.65 four stars
Ferst Readers (GA) 100.00 four stars
First Book (DC) 87.62 three stars
Reach Out and Read of Greater New York (NY) 87.30 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $10,060,861
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $10,060,861
   Program Service Revenue $774,913
Total Primary Revenue $10,835,774
   Other Revenue $17,013
TOTAL REVENUE $10,852,787
   
EXPENSES  
   Program Expenses $7,420,245
   Administrative Expenses $1,139,355
   Fundraising Expenses $1,023,935
TOTAL FUNCTIONAL EXPENSES $9,583,535
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,269,252
   
Net Assets $7,892,108

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 $7,420,245 100.0%

Ratings History
Worldreader.org has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 06/01/2020 90.37 four stars
2017-12 03/01/2020 97.76 four stars
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
$101,200 1.05% John David Risher President, CEO
Other Salaries of Note
$180,000 1.87% Taleb Salhab Chief Advancement Officer
$136,340 1.42% Shannon Atkinson Treasurer & CFO
$103,810 1.08% Susan Rimerman Director, Global Content

Highly Rated

Charity Name & State Overall Score Overall Rating
Worldreader.org (CA) 90.37 four stars
Reach Out and Read of Greater New York (NY) 87.30 three stars
Read Alliance (NY) 88.11 three stars
First Book (DC) 87.62 three stars
Make Way for Books (AZ) 94.70 four stars

Compare These Charities (Highly Rated)

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

Visit Web Site

Board Leadership

Peter Spiro
Board Chair

CEO

David Risher
CEO, Co-Founder

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