Ethiopia Reads is located in Minneapolis, MN. The organization was established in 1999. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Ethiopia Reads 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 06/2022, Ethiopia Reads generated $312.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $207.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.ETHIOPIA READS MISSION IS TO BUILD A READING CULTURE IN ETHIOPIA BY CONNECTINGCHILDREN WITH BOOKS, LIBRARIES, AND TRAINED LIBRARIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.LIBRARIES: IN ADDITION TO OUR EXISTING PUBLIC LIBRARIES IN ADDIS ABABA AND HAWASSA, THE 75 SCHOOL LIBRARIES WE ESTABLISHED AND HORSE AND DONKEY MOBILE LIBRARIES, IN 2019-20 WE HAD 3 NEW SCHOOL AND COMMUNITY LIBRARIES* OPEN AND RUNNING, ADDING PROGRAMS AND DURING THE COVID-19 SCHOOL CLOSING WE STARTED FAMILY LENDING SERVICES FROM OUR PUBLIC LIBRARIES. IN HAWASSA, WE REOPENED OUR DONKEY MOBILE LIBRARY PROGRAM WHICH TAKES BOOKS AND A DONKEY-HANDLER/LIBRARIAN AROUND DIFFERENT NEIGHBORHOODS ON A REGULAR SCHEDULE. BOOKS: WE RECEIVED AND DISTRIBUTED FREE OF CHARGE TO SCHOOLS AND LIBRARIES ALL OF ONE AND PART OF A SECOND LARGE SHIPMENTS OF ENGLISH LANGUAGE BOOKS FROM BOOK AID IN THE UK. DURING THE YEAR, WE ALSO WON SUPPORT AND LOGISTICAL PLANNING FOR A OUR SECOND LARGE PRINTING AND DISTRIBUTION TO 250 SCHOOLS OF 100,000 LOCAL LANGUAGE BOOKS, PLANNED FOR THE FALL OF 2020. WE ALSO HELD A BOOK DAY FOR THE ETHIOPIAN CHILDREN'S BOOK INDUSTRY AT OUR 2ND NATIONAL CHILDREN'S READING SUMMIT. PROFESSIONAL DEVELOPMENT: OVER SEVERAL YEARS OF PILOTING AND TESTING AT OUR SCHOOL LIBRARIES, WE HAVE DEVELOPED THE FIRST PROFESSIONAL TRAINING COURSES FOR LIBRARIANS AND EDUCATORS WORKING WITH CHILDREN ON READING, CALLED THE BOOK CENTRED LEARNING CURRICULUM. DURING 2019-2020 WE DEVELOPED A RELATIONSHIP WITH THE MINISTRY OF EDUCATION AND, RECOGNIZING THE QUALITY OF OUR WORK, THEY REQUESTED AND APPROVED A PROPOSAL TO ESTABLISH 300 HIGH QUALITY LIBRARIES IN PRIMARY SCHOOLS AS A PILOT PROJECT. (THIS REPRESENTS 1% OF ETHIOPIA'S 30,000 PRIMARY SCHOOLS, ALMOST ALL WITHOUT LIBRARIES). WE AND THE MINISTRY OF EDUCATION ARE WORKING TO IDENTIFY FUNDING FOR THIS PROJECT. ADVOCACY: DURING 2019-20: (A) HELD OUR 2ND CHILDREN'S READING FESTIVAL WHERE WE INVITE YOUNGER CHILDREN AND THEIR PARENTS TO A CELEBRATION OF READING AND BOOKS, WITH MANY ACTIVITIES FOR CHILDREN AND ADVOCACY TO PARENTS ABOUT READING TO THEIR CHILDREN AND HAVING BOOKS AT HOME; (B) HELD FAMILY LITERACY DAYS AT OUR PUBLIC LIBRRAIES WHICH ENCOURAGED THE FAMILIES OF THE CHILDREN WHO USE OUR LIBRARIES TO COME IN AND HEAR ABOUT THE IMPORTANCE OF PRIORITISING READING AT HOME AND READING TO CHILDREN TO SUPPORT THEM (C) HELD OUR 2ND NATIONAL CHILDREN'S READING SUMMIT TO DISCUSS THE PROBLEMS AROUND CHILDREN'S READING, LITERACY AND THE BOOK INDUSTRY IN ETHIOPIA. OVER 150 PROFESSIONALS IN READING AND EDUCATION ATTENDED AND IT WAS VERY WELL RECEIEVED. WE ARE COLLABORATING WITH THE MINISTRY OF EDUCATION ON EXPLORING WAYS TO IMPROVE ELEMENTARY SCHOOL LIBRARIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Malcolm Clark Chair | OfficerTrustee | 1 | $0 |
Ann Porter Secretary | OfficerTrustee | 1 | $0 |
Jeff Grier Treasurer | OfficerTrustee | 1 | $0 |
Lulit Bezuayehu Director | Trustee | 1 | $0 |
Alem E Beyene Director | Trustee | 1 | $0 |
Tida Violante Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $4,958 |
All other contributions, gifts, grants, and similar amounts not included above | $257,649 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $262,607 |
Total Program Service Revenue | $49,785 |
Investment income | $16 |
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 | $312,408 |
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 | $152,917 |
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 | $18,993 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,662 |
Fees for services: Management | $78 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $655 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,048 |
Advertising and promotion | $6,400 |
Office expenses | $2,129 |
Information technology | $6,323 |
Royalties | $0 |
Occupancy | $4,653 |
Travel | $300 |
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 | $1,526 |
All other expenses | $0 |
Total functional expenses | $207,073 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $132,054 |
Savings and temporary cash investments | $180,577 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,958 |
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 | $317,589 |
Accounts payable and accrued expenses | $391 |
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 | $19,396 |
Other liabilities | $0 |
Total liabilities | $19,787 |
Net assets without donor restrictions | $297,802 |
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 | $317,589 |
Over the last fiscal year, we have identified 2 grants that Ethiopia Reads has recieved totaling $14,845.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,845 |
Zimmer Family Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Wallin Education Partners St Paul, MN | $25,848,040 | $10,926,258 |
New American Development Center Minneapolis, MN | $3,930,676 | $9,122,032 |
Bluesky Charter School Bloomington, MN | $6,912,497 | $6,906,603 |
Us Math Recovery Council Eagan, MN | $3,296,483 | $6,771,005 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
Woodbury Leadership Academy Woodbury, MN | $4,350,331 | $5,912,313 |
Uw-Platteville Real Estate Foundation Inc Platteville, WI | $45,856,338 | $5,901,983 |
Barr Center St Louis Park, MN | $8,287,138 | $8,108,042 |
Great Mn Schools Minneapolis, MN | $411,897 | $3,619,260 |
Iowa Western Community College Foundation Council Bluffs, IA | $36,011,501 | $4,880,435 |
West River Foundation Sturgis, SD | $7,568,333 | $3,921,124 |
Sicangu Owayawa Oti-Rosebud Dormitory Mission, SD | $5,924,789 | $2,325,210 |