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Education : Early Childhood Programs and Services (Grantmaking/Grants Payable)

Reach Out and Read, Inc.

A Doctor. A Family. A Book

four stars

94.81

89 South Street Suite 201
Boston, MA 02111
tel: (617) 455-0600   Web Site
EIN: 04-3481253

Board Leadership
Thomas G. DeWitt
Chair

CEO
Brian Gallagher
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 94.81 four stars
  Financial 92.67 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1989, Reach Out and Read gives young children a foundation for success by incorporating books into pediatric care and encouraging families to read aloud together. Our objective is to improve emergent literacy and social-emotional health during the span of rapid brain development between birth and age five, particularly in economically disadvantaged families who are at risk for adverse outcomes. We partner with pediatric medical providers who incorporate our evidence-based model into standard well-child visits, educating parents on the importance of daily shared reading and giving developmentally-appropriate new books to children. Families served by Reach Out and Read read together more often, and their children enter kindergarten with larger vocabularies and stronger language skills, better prepared to achieve their potential.
Over 32,000 medical providers at 6,000 clinical locations participate in Reach Out and Read, serving 4.8 million children and families annually.

Founded in 1989, Reach Out and Read gives young children a foundation for success by incorporating books into pediatric care and encouraging families to read aloud together. Our objective is to improve emergent literacy and social-emotional health during the span of rapid brain development between birth and age five, particularly in economically disadvantaged families who are at risk for adverse outcomes. We partner with pediatric medical providers who incorporate our evidence-based model into standard well-child visits, educating parents on the importance of daily shared reading and giving developmentally-appropriate new books to children. Families served by Reach Out and Read read together more often, and their children enter kindergarten with larger vocabularies and stronger language skills, better prepared to achieve their potential.
Over 32,000 medical providers at 6,000 clinical locations participate in Reach Out and Read, serving 4.8 million children and families annually.

Impact Information

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Reported Results
Total in 2018
Number of books distributed
7,350,000
Number of children served
4,800,000
Number of program sites
6,200
This impact information is current as of October 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

92.67

Accountability & Transparency

four stars

100.00

This rating was published 08/01/2019 and includes data from FY2018, 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)
83.5%
  Administrative Expenses 6.6%
  Fundraising Expenses 9.7%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 0.56
  Program Expenses Growth 5.6%
  Liabilities to Assets 7.1%
All data for Financial Performance Metrics calculations was provided by Reach Out and Read, Inc. on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Reach Out and Read, Inc. on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Reach Out and Read, Inc. (MA) 94.81 four stars
Sheltering Arms Early Education & Family Centers (GA) 89.87 three stars
Children's Literacy Initiative (PA) 91.16 four stars
Pathways Early Education Center of Immokalee (FL) 91.87 four stars
Children's Development Academy (GA) 91.05 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $11,414,644
   Federated Campaigns $526,294
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $2,720,885
Total Contributions $14,661,823
   Program Service Revenue $0
Total Primary Revenue $14,661,823
   Other Revenue $4,650
TOTAL REVENUE $14,666,473
   
EXPENSES  
   Program Expenses $11,220,353
   Administrative Expenses $1,029,747
   Fundraising Expenses $1,197,256
TOTAL FUNCTIONAL EXPENSES $13,447,356
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,219,117
   
Net Assets $6,979,152

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.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
Reach Out and Read, Inc. has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 08/01/2019 94.81 four stars
2017-06 12/01/2018 91.64 four stars
2016-06 12/01/2017 89.39 three stars
2016-06 11/01/2017 89.18 three stars
2015-06 12/01/2016 87.30 three stars
2014-06 06/01/2016 87.30 three stars
 
CN 2.0
2014-06 11/01/2015 81.16 three stars
2013-06 09/01/2014 86.37 three stars
2013-06 08/01/2014 85.50 three stars
2012-06 07/01/2013 93.91 four stars
2011-06 12/01/2012 89.21 three stars
2011-06 09/01/2012 87.28 three stars
2010-06 09/20/2011 84.19 three stars
 
CN 1.0
2009-06 10/01/2010 70.85 two stars
2008-06 10/01/2009 91.02 four stars
2007-06 09/01/2008 91.27 four stars
2006-06 04/01/2007 91.38 four stars
2005-06 09/01/2006 91.48 four stars
2004-06 05/01/2005 91.60 four stars
2003-06 08/01/2004 85.73 three 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 04-3481253
Name in IRS Master File REACH OUT AND READ INC
NTEE Code B92
NTEE Classification Remedial Reading, Reading Encouragement
NTEE Type Educational Institutions and Related Activities
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 December, 1999
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$170,445 1.26% Brian Gallagher Chief Executive Officer, President
Other Salaries of Note
$203,973 1.51% Jill Sells Regional Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Reach Out and Read, Inc. (MA) 94.81 four stars
Children's Literacy Initiative (PA) 91.16 four stars
Pathways Early Education Center of Immokalee (FL) 91.87 four stars
Educational First Steps (TX) 95.61 four stars
Literacy, Inc. (NY) 89.49 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Reach Out and Read, Inc.
89 South Street
Suite 201
Boston, MA 02111
tel: (617) 455-0600
fax: (617) 455-0601
EIN: 04-3481253

Visit Web Site

Board Leadership

Thomas G. DeWitt
Chair

CEO

Brian Gallagher
Chief Executive Officer

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