Reading Is Fundamental Inc is located in Washington, DC. The organization was established in 1973. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 09/2022, Reading Is Fundamental Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reading Is Fundamental 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 09/2022, Reading Is Fundamental Inc generated $16.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $9.2m during the year ending 09/2022. While expenses have increased by 4.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Reading Is Fundamental Inc has awarded 701 individual grants totaling $8,746,009. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MOTIVATING CHILDREN TO READ BY MAKING READING A FUN AND BENEFICIAL PART OF EVERYDAY LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRINT PROGRAMSBOOKS FOR OWNERSHIP IS RIF'S FLAGSHIP READING PROGRAM WHERE CHILDREN CHOOSE NEW BOOKS AND PARTICIPATE IN READING ACTIVITIES WITH TEACHERS, PARENTS, VOLUNTEERS, AND COMMUNITY MEMBERS. THIS PROGRAM EDUCATES, BUILDS COMMUNITY, AND INSPIRES CHILDREN TO MAKE GREATER CHOICES FOR THEMSELVES TO CHOOSE LEARNING, AND TO CHOOSE SUCCESS IN SCHOOL AND IN LIFE. FUNDED BY A VARIETY OF INDIVIDUAL DONORS, CORPORATIONS, AND FOUNDATION PARTNERS, AND WORKING THROUGH LOCAL COMMUNITY PROGRAMS, RIF DISTRIBUTES BOOKS TO CHILDREN THAT ARE FREE TO THE CHILDREN AND THEIR FAMILIES. THIS PROGRAM GIVES CHILDREN AGENCY, ALLOWING THEM TO CHOOSE THEIR OWN BOOKS FROM A WIDE RANGE OF TITLES APPROPRIATE TO THEIR READING LEVEL. THE DISTRIBUTIONS, WHICH OCCUR THROUGHOUT THE YEAR, ALSO INCLUDE PARENT AND COMMUNITY ENGAGEMENT AND PROVIDE AN OPPORTUNITY FOR THE EMPLOYEES OF FUNDERS TO ACTIVELY PARTICIPATE IN THE PROGRAM. FOCUSING ON ACCESS AND CHOICE, STUDENTS IN COMMUNITIES THROUGHOUT THE COUNTRY PARTICIPATE IN A BOOKS FOR OWNERSHIP PROGRAM SELECTING NEW, AGE-APPROPRIATE BOOKS TO TAKE HOME AND OWN. THE PROGRAM'S INTEGRATED APPROACH TO LITERACY PROVIDES SUPPORTING RESOURCES TO TEACHERS AND FAMILIES. BY MOTIVATING CHILDREN TO READ THROUGHBOOK CHOICE, ENGAGING THEM IN TOPICS THAT APPEAL TO THEM, AND PROVIDING THEM WITH MORE OPPORTUNITIES TO READ, THIS PROGRAM WILL ENABLE CHILDREN TO BECOME MORE PROFICIENT READERS AND, THROUGH READING, LEARN. THESE BOOKS ARE FURTHER SUPPORTED THROUGH DIGITAL RESOURCES ON RIF'S LITERACY CENTRAL TO ENSURE ONGOING READING ENGAGEMENT.LITERACY KITS ARE AN INNOVATIVE MODEL FOR BOOK DISTRIBUTION TO SUPPORT THE BOOKS FOR OWNERSHIP PROGRAM AND ENGAGE VOLUNTEERS AT A BROADER SCALE. LITERACY KITS PROVIDE STUDENTS WITH CRITICAL ACCESS TO BOOKS AND READING RESOURCES AND THE OPPORTUNITY TO BUILD THEIR AT-HOME LIBRARIES. THE PROGRAM EMPOWERS VOLUNTEERS IN LOCAL COMMUNITIES TO ASSEMBLE KITS FOR EACH PARTICIPATING STUDENT THAT CONTAIN UP TO 3 BOOKS, LITERACY ENGAGEMENT ACTIVITIES, AND OTHER RESOURCES TO CREATE A JOY OF READING. THE VOLUNTEERS DISTRIBUTE THE KITS TO STUDENTS IN UNDER RESOURCED COMMUNITIES THROUGH SCHOOLS OR SCHOOL-ADJACENT ORGANIZATIONS. THE RECIPIENT ORGANIZATIONS ARE ENCOURAGED TO HOST BOOK CELEBRATION EVENTS THAT INCORPORATE FAMILY AND COMMUNITY ENGAGEMENT, CULTIVATING A CULTURE OF LITERACY. FUNDED BY A VARIETY OF CORPORATE AND FOUNDATION PARTNERS, OFTEN AS AN EMPLOYEE ENGAGEMENT ACTIVITY, AND WORKING WITH LOCAL COMMUNITY PROGRAMS, RIF COORDINATES THE DISTRIBUTION OF THESE PRE-MADE KITS TO STUDENTS THAT ARE FREE TO THEM AND THEIR FAMILIES. THE BOOKS INCLUDED IN THE KITS ARE FURTHER SUPPORTED THROUGH DIGITAL RESOURCES ON RIF'S LITERACY CENTRAL.RIF CONTINUES TO OFFER ITS READ FOR SUCCESS PROGRAM, AN INNOVATIVE READING INTERVENTION ADDRESSING THE LITERACY BACKSLIDE THAT TRADITIONALLY HAPPENS DURING THE SUMMER MONTHS. READ FOR SUCCESS IS CENTERED AROUND MOTIVATING CHILDREN TO READ BY PROVIDING ACCESS TO HIGH-QUALITY CLASSROOM BOOK COLLECTIONS, BOOKS FOR STUDENTS TO CHOOSE AND OWN, ENRICHING STEAM-THEMED CLASSROOM ACTIVITIES, PROFESSIONAL DEVELOPMENT FOR TEACHERS, AND PARENT ENGAGEMENT RESOURCES. TESTED OVER TWO YEARS AMONG 33,000 STUDENTS FROM 16 STATES, RIF'S READ FOR SUCCESS PROGRAM HELPED REVERSE THE TREND OF SUMMER LEARNING LOSS FOR MORE THAN HALF THE PARTICIPATING STUDENTS. IN ADDITION, 57% OF THE STUDENTS SAW GAINS IN READING PROFICIENCY WHEN TESTED FROM SPRING TO FALL.
DIGITAL PROGRAMS:RIF'S DIGITAL PORTFOLIO OF PRODUCTS INCLUDES LITERACY CENTRAL, LITERACY NETWORK, THE LITERACY APP, AND SKYBRARY.LITERACY CENTRAL IS AN ONLINE DESTINATION FOR TEACHERS, PARENTS, AND LITERACY VOLUNTEERS TO GET THOUSANDS OF FREE DIGITAL RESOURCES TIED DIRECTLY TO THE BOOKS CHILDREN LOVE AND TEACHERS TURN TO EVERY DAY. THE PORTAL PROVIDES TOOLS TO EASILY ORGANIZE AND KEEP READING RESOURCES IN ONE PLACE WITH CUSTOMIZABLE BOOK LISTS, PRINTABLE LESSON PLANS, ACTIVITIES, GAMES, READING PASSAGES, CALENDARS, AND VIDEOS.LITERACY NETWORK IS RIF'S COMMUNITY PORTAL DESIGNED TO SUPPORT RIF PROGRAMS AND VOLUNTEERS ACROSS THE COUNTRY AND, MOST IMPORTANTLY, REACH MORE CHILDREN WITH LIFE-CHANGING LITERACY SUPPORT. THIS IS THE DESTINATION FOR ALL OF THE RESOURCES AND SUPPORT NEEDED TO BE AN EFFECTIVE LOCAL LITERACY CHAMPION WHETHER AN INDIVIDUAL WHO WANTS TO VOLUNTEER, ONE OF RIF'S COMMUNITY PARTNERS, A SCHOOL THAT WANTS TO IMPLEMENT A RIF PROGRAM, OR ONE OF OUR LOCAL RIF PROGRAMS.THE LITERACY APP IS A FREE RESOURCE THAT ALLOWS USERS TO SCAN AN ISBN BAR CODE OF A SPECIFIC BOOK AND LAUNCH THE LITERACY CENTRAL WEBPAGE DEDICATED TO ACTIVITIES, GAMES, AND HELPFUL TIPS SPECIFIC TO THE BOOK. CHILDREN ARE MOTIVATED TO STAY ENGAGED WITH READING THROUGH COUNTLESS ADVENTURES THAT START WITH JUST ONE BOOK. PARENTS AND EDUCATORS HAVE AN EASY, TRUSTED TOOL DESIGNED TO CREATE A CULTURE OF LITERACY FOR LASTING IMPACT.SKYBRARY IS A SUBSCRIPTION-BASED INTERACTIVE, DIGITAL LIBRARY OF MORE THAN 900 HIGH-QUALITY EBOOKS AND VIDEO EXPLORATION FIELD TRIPS THAT ENGAGE READERS AND HELP FOSTER A LIFELONG LOVE OF LEARNING. THIS ONLINE RESOURCE ALLOWS CHILDREN TO EXPLORE OTHER THEMATIC ACTIVITIES THAT SUPPORT THE BOOK. SKYBRARY SCHOOL FEATURES THE SAME CAREFULLY CURATED LIBRARY OF DIGITAL BOOKS ALONG WITH ADDED FEATURES JUST FOR EDUCATORS. TEACHERS CAN ACCESS LESSON PLANS AND TEACHING GUIDES INSPIRED BY THE BOOKS AND VIDEOS IN THE LIBRARY FOR EXTENDED LEARNING AS WELL AS TRACK AND MANAGE STUDENTS' USAGE OF THE BOOKS AND VIDEOS.
COMMUNITY LITERACY AWARENESS AND OTHER PROGRAMS: RIF PROMOTES AWARENESS OF THE CRITICAL IMPACT OF EARLY LITERACY THROUGH A BROAD RANGE OF ACTIVITIES, SHARING RESOURCES THROUGH ITS WEBSITE AND SOCIAL MEDIA PLATFORMS, DISTRIBUTION OF ITS THEMATIC BOOK COLLECTIONS, AND LEVERAGING MEDIA THROUGH PUBLIC SERVICE ANNOUNCEMENTS. RIF'S LITERACY SERVICES INCLUDE FAMILY AND COMMUNITY ENGAGEMENT AND LITERACY TRAINING FOR EDUCATORS AND COMMUNITY ORGANIZATIONS. FAMILY AND COMMUNITY ENGAGEMENT ACTIVITIES ARE DESIGNED TO HELP PARENTS TAKE A LEADING ROLE IN ENCOURAGING THEIR CHILDREN'S LITERACY DEVELOPMENT. WITH THE GUIDANCE OF RIF'S VOLUNTEERS, PARENTS PARTICIPATE IN WORKSHOPS, BOOK DISTRIBUTIONS, AND READING CELEBRATIONS.RIF CONDUCTS LITERACY TRAINING FOR EARLY CHILDHOOD EDUCATORS. THIS TRAINING IS DESIGNED TO SUPPORT CHILDREN'S EMERGING LANGUAGE AND LITERACY SKILLS WHILE INCLUDING PARENTS AS THEIR CHILDREN'S FIRST TEACHERS. THE TRAINING IS DONE THROUGH A "TRAIN THE TRAINER" MODEL THAT PREPARES PARTICIPANTS TO RETURN TO THEIR COMMUNITIES AND DELIVER THE TRAINING TO THEIR COLLEAGUES AND COMMUNITIES.RIF HOSTS OTHER LITERACY EVENTS WHICH PROMOTE LITERACY AND INFORM OTHERS ABOUT ITS MISSION.RIF ENGAGES WITH INDEPENDENT OUTSIDE EXPERTS TO EVALUATE RIF'S PROGRAM ACTIVITIES TO IDENTIFY AREAS OF NEED AND ESTABLISH PROCEDURES FOR CONTINUOUS QUALITY IMPROVEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alicia Levi President And CEO | OfficerTrustee | 40 | $320,902 |
Alice Singdahlsen Chief Financial & Operating Officer | Officer | 40 | $216,463 |
Bryan Klopack Svp, Development | Officer | 40 | $171,683 |
Jodi Rubin Svp, Marketing & Partnerships | 35 | $168,664 | |
Laura Rahman Sr. Director, Annual Giving | 40 | $138,087 | |
Christopher Boykin Sr. Ios Engineer | 40 | $132,186 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Lautman Maska Neil & Co Professional Fundraising | 9/29/22 | $330,110 |
Icp Solutions Llc Professional Consulting | 9/29/22 | $207,630 |
Brainshop Marketing Llc Professional Consulting | 9/29/22 | $153,000 |
For Momentum Llc Professional Fundraising | 9/29/22 | $155,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $37,585 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $556,796 |
All other contributions, gifts, grants, and similar amounts not included above | $12,457,381 |
Noncash contributions included in lines 1a–1f | $528,083 |
Total Revenue from Contributions, Gifts, Grants & Similar | $13,051,762 |
Total Program Service Revenue | $2,325,887 |
Investment income | $194,274 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $3,141 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $490,908 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,088,590 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,127,469 |
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. | $814,370 |
Compensation of current officers, directors, key employees. | $466,660 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,909,061 |
Pension plan accruals and contributions | $73,045 |
Other employee benefits | $111,328 |
Payroll taxes | $177,913 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,306 |
Fees for services: Accounting | $55,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $323,264 |
Fees for services: Investment Management | $44,111 |
Fees for services: Other | $1,007,698 |
Advertising and promotion | $282,058 |
Office expenses | $385,221 |
Information technology | $305,278 |
Royalties | $16,682 |
Occupancy | $327,305 |
Travel | $39,459 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $49,339 |
Interest | $6,392 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $290,875 |
Insurance | $22,794 |
All other expenses | $4,211 |
Total functional expenses | $9,207,334 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,980,074 |
Savings and temporary cash investments | $174,961 |
Pledges and grants receivable | $2,876,297 |
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 | $363,459 |
Prepaid expenses and deferred charges | $492,187 |
Net Land, buildings, and equipment | $635,031 |
Investments—publicly traded securities | $7,798,356 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $52,235 |
Total assets | $22,372,600 |
Accounts payable and accrued expenses | $515,807 |
Grants payable | $804,684 |
Deferred revenue | $199,398 |
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 | $644,315 |
Total liabilities | $2,164,204 |
Net assets without donor restrictions | $11,371,967 |
Net assets with donor restrictions | $8,836,429 |
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 | $22,372,600 |
Over the last fiscal year, Reading Is Fundamental Inc has awarded $1,679,893 in support to 167 organizations.
Grant Recipient | Amount |
---|---|
MUSKINGUM IRA PURPOSE: TO FOSTER LITERACY | $99,000 |
Intervale, NH PURPOSE: TO FOSTER LITERACY | $34,784 |
Hueytown, AL PURPOSE: TO FOSTER LITERACY | $27,392 |
RICHMOND CITY PUBLIC SCHOOLS PURPOSE: TO FOSTER LITERACY | $24,000 |
Nashville, TN PURPOSE: TO FOSTER LITERACY | $24,000 |
OLD MILL MIDDLE SCHOOL NORTH PURPOSE: TO FOSTER LITERACY | $21,800 |
Over the last fiscal year, we have identified 1 grants that Reading Is Fundamental Inc has recieved totaling $2,000.
Awarding Organization | Amount |
---|---|
Allyn Foundation Incorporated A Delaware Corp Hinsdale, IL PURPOSE: EDUCATION PROGRAMS | $2,000 |
Beg. Balance | $7,005,147 |
Earnings | -$1,491,215 |
Net Contributions | $842,082 |
Ending Balance | $6,356,014 |
Organization Name | Assets | Revenue |
---|---|---|
Literacy Lab Washington, DC | $23,333,778 | $29,239,466 |
Civic Works Inc Baltimore, MD | $12,483,552 | $12,764,474 |
Reading Is Fundamental Inc Washington, DC | $22,372,600 | $16,088,590 |
Congress Heights Community Training And Development Corporation Washington, DC | $6,347,487 | $3,189,279 |
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 |
Reach Inc Norfolk, VA | $511,783 | $670,333 |
Ivymount at the Stevens School Inc Rockville, MD | $0 | $35 |
Virginia Literacy Foundation Richmond, VA | $674,835 | $577,726 |
Engaged Community Offshoots Riverdale, MD | $432,509 | $281,607 |
Colombia Progresa Corporation Bethesda, MD | $225,848 | $436,849 |