Reading Is Fundamental Of Northern Virginia Inc
- Assets
- $239.8k
- Revenue
- $49.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 09/1975
- Data as of
- 06/2021
- EIN
- 51-0155758
Organization Overview
Reading Is Fundamental Of Northern Virginia Inc is located in Arlington, VA. The organization was established in 1975. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reading Is Fundamental Of Northern Virginia Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Reading Is Fundamental Of Northern Virginia Inc generated $49.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $72.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MOTIVATING CHILDREN TO READ BY MAKING READING FUN AND BY DISTRIBUTING FREE BOOKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FY 2021, RIF OF NOVA WORKED WITH 20,000 INFANTS-ADULTS AT 37 SITES THAT INCLUDED COMMUNITY AND PUBLIC-SCHOOL INFANT AND PARENT PROGRAMS, COMMUNITY AND HEAD START PRE-K PROGRAMS, COUNTY HEALTH CENTERS SERVING FAMILIES, AND PUBLIC SCHOOLS SERVING STUDENTS IN PRE-K THROUGH GRADE 8 IN THE CITY OF ALEXANDRIA AND THE COUNTIES OF ARLINGTON, FAIRFAX, AND PRINCE WILLIAM. BECAUSE THE SITES WERE PROVIDING ONLINE INSTRUCTION MOST OF THE SPRING OF 2020 AND FUNDRAISING ACTIVITIES WERE ALMOST NONEXISTENT FOR THEIR PTA AND SPONSORING GROUPS, THE RIF OF NOVA BOARD VOTED IN LATE SPRING OF 2020 TO PROVIDE 100% OF THE COSTS FOR BOOKS FOR THE 2020-21 SCHOOL YEAR AND OFFERED CONTRACTS THAT REFLECTED THAT DECISION. THROUGH THE CONTRACT PURCHASES, A NATIONAL RIF GRANT, AND LOCAL GRANTS, CLOSE TO 25,000 PAPERBACK BOOKS WERE PURCHASED AND DISTRIBUTED, WITH STUDENT AT DESIGNATED SITES RECEIVING MORE THAN ONE NEW BOOK. THE BOARD OF DIRECTORS MET FORMALLY 5 TIMES VIA ZOOM THROUGHOUT THE YEAR TO FOCUS ON THE SCHEDULING AND FORMATTING OF BOOK DISTRIBUTIONS, FUNDRAISING PROJECTS, THE DISTRIBUTION OF GRANT/GIFT MONIES, AND TO PLAN FOR THE FUTURE OF THE PROGRAM. DUE TO COVID MITIGATION RESTRAINTS, MANY ONSITE BOOK DISTRIBUTIONS WERE HELD OUTDOORS, AND ONLINE METHODOLOGY WAS USED APRIL-JUNE 2021 TO ENGAGE THE LIAISONS IN THE WORK NECESSARY TO ENSURE BOOK ORDERING FOR THE 2021-22 SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justina Johnson President | OfficerTrustee | 2 | $0 |
Jim Abrams Vice President | OfficerTrustee | 1 | $0 |
Liz Promen Recording Secretary | OfficerTrustee | 1 | $0 |
Melissa Hinkson Corresponding Secretary | OfficerTrustee | 1 | $0 |
Shelia Jonas Sunshine Secy | OfficerTrustee | 1 | $0 |
Sheryl Leeds Financial Secy | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $8,298 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,202 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,500 |
| Total Program Service Revenue | $2,311 |
| Investment income | $279 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,090 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $378 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,640 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $538 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $68,338 |
| Total functional expenses | $72,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,287 |
| Savings and temporary cash investments | $101,522 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $239,809 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $239,809 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $239,809 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Reading Is Fundamental Of Northern Virginia Inc has recieved totaling $23,804.
| Awarding Organization | Amount |
|---|---|
Reading Is Fundamental Inc Washington, DC PURPOSE: TO FOSTER LITERACY | $10,000 |
United Way Of The National Capital Area Vienna, VA PURPOSE: DESIGNATED AND/OR GRANTED IN SUPPORT OF AGENCY PROGRAMS | $9,981 |
Vineyard Family Foundation 313-74d01 Wilmington, DE PURPOSE: BOOK IT FOR BOOKS PROGRAM IN FAIRFAX COUNTY, VA | $3,000 |
Aron Family Foundation Chevy Chase, MD PURPOSE: OPERATING PURPOSES | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $323 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reading Is Fundamental Inc Washington, DC | $22,372,600 | $16,088,590 |
National Center For Families Learning Inc Louisville, KY | $16,159,024 | $7,570,588 |
Congress Heights Community Training And Development Corporation Washington, DC | $6,347,487 | $3,189,279 |
Book Harvest Durham, NC | $2,671,436 | $2,224,285 |
Preston Taylor Ministries Nashville, TN | $1,787,100 | $1,982,481 |
The Washington Commanders Charitable Foundation Inc Ashburn, VA | $1,361,978 | $1,048,751 |
Free Minds Book Club & Writing Workshop Washington, DC | $2,522,184 | $2,082,941 |
We Need Diverse Books Bethesda, MD | $1,284,821 | $1,729,399 |
Carnegie Literacy Center Inc Lexington, KY | $1,003,564 | $1,222,449 |
Durham Literacy Center Inc Durham, NC | $1,363,688 | $948,350 |
Book Em Nashville, TN | $633,279 | $1,103,877 |
Reach Inc Norfolk, VA | $511,783 | $670,333 |