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Education : Early Childhood Programs and Services

Reading Is Fundamental

One Book Can Make a Difference

three stars

81.20

750 First Street NE Suite 920
Washington, DC 20002
tel: (877) 743-7323   Web Site
EIN: 52-0976257

Board Leadership
Jack Remondi
Chair

CEO
Alicia Levi
President & CEO

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 81.20 three stars
  Financial 73.72 two stars
  Accountability & Transparency 96.00 four stars
This rating was published 11/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Why isn't this based on more recent data?

Founded in 1966, Reading Is Fundamental (RIF) prepares and motivates children to read by delivering free books and literacy resources to those children and families who need them most. RIF's highest priority is reaching underserved children from birth to age eight. Through community volunteers in every state and U.S. territory, RIF provides millions of children with approximately 4 million new, free books and literacy resources each year. All RIF programs combine three essential elements to foster children's literacy: reading motivation, family and community involvement, and the excitement of choosing free books to keep.

Founded in 1966, Reading Is Fundamental (RIF) prepares and motivates children to read by delivering free books and literacy resources to those children and families who need them most. RIF's highest priority is reaching underserved children from birth to age eight. Through community volunteers in every state and U.S. territory, RIF provides millions of children with approximately 4 million new, free books and literacy resources each year. All RIF programs combine three essential elements to foster children's literacy: reading motivation, family and community involvement, and the excitement of choosing free books to keep.

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

Financial

two stars

73.72

Accountability & Transparency

four stars

96.00

This rating was published 11/01/2017 and includes data from FY2016, 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)		 71.8%
  Administrative Expenses 13.1%
  Fundraising Expenses 15.0%
  Fundraising Efficiency $0.18
  Working Capital Ratio (years) 0.88
  Program Expenses Growth -26.7%
  Liabilities to Assets 8.1%
All data for Financial Performance Metrics calculations was provided by Reading Is Fundamental on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Reading Is Fundamental 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
Reading Is Fundamental (DC) 81.20 three stars
Texas Book Festival (TX) 86.32 three stars
Page Ahead Children's Literacy Program (WA) 93.50 four stars
National Center for Families Learning (KY) 86.49 three stars
Spread the Word Nevada (NV) 97.82 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,711,989
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $662,349
   Related Organizations $0
   Government Grants $0
Total Contributions $5,374,338
   Program Service Revenue $585,512
Total Primary Revenue $5,959,850
   Other Revenue $222,513
TOTAL REVENUE $6,182,363
   
EXPENSES  
   Program Expenses $4,095,760
   Administrative Expenses $1,251,068
   Fundraising Expenses $1,435,241
TOTAL FUNCTIONAL EXPENSES $6,782,069
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-599,706
   
Net Assets $8,644,865

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
Books for Ownership $1,752,982 42.8%
Literacy Services $1,226,201 29.9%
Community Literacy Awareness $1,116,577 27.3%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-09 11/01/2017 81.20 three stars
2015-09 11/01/2016 84.05 three stars
2014-09 07/01/2016 88.10 three stars
2014-09 06/01/2016 86.32 three stars
 
CN 2.0
2014-09 11/01/2015 77.95 two stars
2013-09 12/01/2014 78.95 two stars
2012-09 12/01/2013 80.28 three stars
2011-09 12/01/2012 90.67 four stars
2010-09 09/20/2011 85.01 three stars
 
CN 1.0
2009-09 09/01/2010 79.05 two stars
2008-09 10/01/2009 76.46 two stars
2007-09 06/01/2009 79.01 two stars
2006-09 07/01/2007 76.98 two stars
2005-09 07/01/2006 72.82 two stars
2004-09 09/01/2005 85.40 three stars
2003-09 11/01/2004 91.61 four stars
2002-09 11/01/2003 91.62 four stars
2001-09 10/15/2002 93.92 four stars
2000-09 04/15/2002 92.74 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 52-0976257
Name in IRS Master File READING IS FUNDAMENTAL INC
NTEE Code B92
NTEE Classification Remedial Reading, Reading Encouragement
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
(119) Other cultural or historical activities
(349) Other youth organization or 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 May, 1973
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • September, 2016
  • September, 2015
  • September, 2014
  • September, 2013
  • September, 2012

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

Compensation % of Expenses Paid to Title
Not compensated -- Alicia Levi President, CEO
Other Salaries of Note
$237,739 3.50% Carol Hampton Rasco Former President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Reading Is Fundamental (DC) 81.20 three stars
Reading In Motion (IL) 87.37 three stars
Ferst Readers (GA) 94.47 four stars
Make Way for Books (AZ) 91.81 four stars
Page Ahead Children's Literacy Program (WA) 93.50 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Reading Is Fundamental
750 First Street NE
Suite 920
Washington, DC 20002
tel: (877) 743-7323
EIN: 52-0976257

Visit Web Site

Board Leadership

Jack Remondi
Chair

CEO

Alicia Levi
President & CEO

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