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Nonprofiteer
← SPREAD THE WORD NEVADA

Form 990 for tax year 2024

Filed by SPREAD THE WORD NEVADA.

Totals

Total revenue
$8,327,741
Total expenses
$7,391,826
Contributions and grants received
$8,173,595
Grants paid
$0
Program service revenue
$0
Investment income
$60,657
Other revenue
$93,489
Total assets, end of year
$14,034,456
Total liabilities, end of year
$2,880,192
Net assets or fund balances, end of year
$11,154,264
Program services expenses (Part IX)
$6,231,140
Management and general expenses
$608,627
Fundraising expenses
$552,059
Program service expenses (Part III)
$6,231,140

Program services were 84.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $442,431

  • 1e · Government grants (contributions)

    $820,167

  • 1f · All other contributions, gifts and grants

    $6,910,997

  • 1g · Noncash contributions included above

    $3,393,381

  • 3 · Investment income

    total $57,206 · related or exempt $57,206

  • 6a · Gross rents

    real property $76,666

  • 6c · Rental income or loss

    real property $76,666

  • 6d · Net rental income or loss

    total $76,666 · unrelated business $76,666

  • 7a · Gross sales of assets other than inventory

    other assets $4,859

  • 7b · Less cost or other basis and sales expenses

    other assets $1,408

  • 7c · Gain or loss

    other assets $3,451

  • 7d · Net gain or loss

    total $3,451 · related or exempt $3,451

  • 8a · Fundraising events: gross income

    $473,383

  • 8a · Fundraising events: contributions included on line 1c

    $442,431

  • 8b · Fundraising events: direct expenses

    $473,383

  • 11a · Other revenue: FINGERPRINTING

    total $10,985 · unrelated business $10,985

  • 11b · Other revenue: OTHER INCOME

    total $5,838 · related or exempt $5,838

  • 11e · Other revenue, total

    $16,823

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $151,062 · program services $95,853 · management and general $26,748 · fundraising $28,461

  • 7 · Other salaries and wages

    total $1,633,930 · program services $1,036,775 · management and general $289,314 · fundraising $307,841

  • 9 · Other employee benefits

    total $115,716 · program services $73,457 · management and general $22,159 · fundraising $20,100

  • 10 · Payroll taxes

    total $168,196 · program services $106,772 · management and general $32,209 · fundraising $29,215

  • 11g · Fees: other

    total $206,724 · program services $99,010 · management and general $90,163 · fundraising $17,551

  • 12 · Advertising and promotion

    total $8,998 · program services $6,934 · fundraising $2,064

  • 13 · Office expenses

    total $396,989 · program services $272,608 · management and general $89,031 · fundraising $35,350

  • 16 · Occupancy

    total $207,599 · program services $170,334 · management and general $18,204 · fundraising $19,061

  • 20 · Interest

    total $154,968 · program services $125,524 · management and general $9,298 · fundraising $20,146

  • 22 · Depreciation, depletion and amortization

    total $328,067 · program services $259,173 · management and general $26,245 · fundraising $42,649

  • 23 · Insurance

    total $87,603 · program services $70,959 · management and general $5,256 · fundraising $11,388

  • 24a · Other expenses: PROGRAM EXPENSES

    total $3,899,642 · program services $3,899,642

  • 24b · Other expenses: FUNDRAISING EXPENSES

    total $18,233 · fundraising $18,233

  • 24c · Other expenses: AUTOMOBILE

    total $14,099 · program services $14,099

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $238,617 · end of year $67,010

  • 2 · Savings and temporary cash investments

    beginning of year $570,669 · end of year $161,081

  • 3 · Pledges and grants receivable

    end of year $135,972

  • 4 · Accounts receivable

    beginning of year $623,972 · end of year $97,649

  • 8 · Inventories for sale or use

    beginning of year $1,802,973 · end of year $1,650,240

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,348 · end of year $30,775

  • 10a · Land, buildings and equipment: cost or other basis

    $10,171,598

  • 10b · Land, buildings and equipment: accumulated depreciation

    $588,082

  • 10c · Land, buildings and equipment, net

    beginning of year $8,197,688 · end of year $9,583,516

  • 11 · Investments: publicly traded securities

    beginning of year $679,509 · end of year $2,118,828

  • 15 · Other assets

    beginning of year $85,070 · end of year $189,385

  • 17 · Accounts payable and accrued expenses

    beginning of year $122,725 · end of year $239,614

  • 19 · Deferred revenue

    beginning of year $132,357 · end of year $6,969

  • 24 · Unsecured notes and loans payable

    beginning of year $1,798,315 · end of year $2,576,005

  • 25 · Other liabilities

    beginning of year $78,359 · end of year $57,604

  • 27 · Net assets without donor restrictions

    beginning of year $10,084,090 · end of year $9,847,972

  • 28 · Net assets with donor restrictions

    end of year $1,306,292

Mission and programs · 2024

Mission

PROVIDE BOOKS TO AT RISK CHILDREN.

  • KIDS TO KIDS, OUR FLAGSHIP PROGRAM, REACHES OUT TO AT-RISK CHILDREN (PRE-K THROUGH 5TH GRADE) IN LOW INCOME AREAS BY PROVIDING THEM WITH NEW AND GENTLY USED BOOKS TO DEVELOP THEIR VERY OWN "KEEP AT HOME" LIBRARY OF BOOKS TO LEARN FROM AND SHARE WITH THEIR FAMILIES. THE PROGRAM OBJECTIVE IS TO ENHANCE THE READING ABILITIES OF AND INSTILL A DEEP APPRECIATION FOR READING DURING THE FORMATIVE STAGES OF THE AT-RISK STUDENT POPULATION.

    Expenses $4,876,031

  • BOOKS & BUDDIES IS OUR READING MENTORSHIP PROGRAM WHICH PARTNERS OUR VOLUNTEERS FROM BUSINESSES AND OUR COMMUNITY WITH THE CHILDREN ATTENDING OUR AT-RISK ELEMENTARY SCHOOLS. VOLUNTEERS PARTNER INDIVIDUALLY WITH STUDENTS TO FOCUS ON FURTHER DEVELOPING THE CHILD'S READING PROFICIENCY, COMPREHENSION, AND VERBAL RECITATION SKILLS. THIS PROGRAM PROVIDES CHILDREN WITH VALUABLE ONE-ON-ONE TUTORING THAT IS NOT AVAILABLE IN THE CLASSROOM OR IN THE HOME.

    Expenses $492,997

  • OUR FAMILY LITERACY PROGRAM HELPS INSTILL THE IMPORTANCE OF READING WITH THE CHILDREN IN PARTNERSHIP WITH THEIR FAMILIES. BI-MONTHLY, STUDENTS AND THEIR PARENTS, GRANDPARENTS, GUARDIANS, AND SIBLINGS ARE INVITED TO SHARE IN A LIGHT SNACK AND STORY READING AT ELEMENTARY SCHOOLS WE SERVE. EVERY FAMILY WHO ATTENDS RECEIVES A BRAND-NEW COPY OF THE BOOK OF THE MONTH FOR THEIR FAMILY TO SHARE, AND A SIMPLE OUTLINED LITERACY EXPANSION ACTIVITY TO TAKE HOME AND IMPLEMENT WHICH REINFORCES THE CONCEPTS PRESENTED DURING THE PROGRAM. IN ADDITION, EVERY PERSON WHO ATTENDS RECEIVES A BOOK OF THEIR CHOICE TO TAKE HOME AND CONTINUE TO BUILD THEIR HOME LIBRARY.

    Expenses $302,926

  • READERS IN TRAINING IS A LITERACY-BASED PROGRAM FOR CHILDREN AGES 0-5 YEARS. IT IS DESIGNED TO ASSIST FAMILIES IN PREPARING CHILDREN FOR PRESCHOOL AND KINDERGARTEN. FAMILIES WHO PARTICIPATE RECEIVE ONE NEW AGE- APPROPRIATE BOOK MAILED DIRECTLY TO THEIR HOMES MONTHLY, ACCESS TO ONLINE CONTENT THAT SPECIFICALLY TARGETS SCHOOL READINESS SKILLS AND HELPS FAMILIES PRACTICE THESE SKILLS IN THE HOME, AND THE OPPORTUNITY TO PARTICIPATE IN QUARTERLY IN-PERSON PLAYGROUPS THAT WILL ALLOW CHILDREN PRACTICE SCHOOL READINESS SKILLS IN A CLASSROOM TYPE SETTING.

    Expenses $559,186

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Chad Leavitt

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • Adrianne Burke

    VICE CHAIRMA

    Total calculated
    $0
    Hours/week
    2
  • Monte Smith

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Gregory Gordon

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Daniel Philippus

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Yuliya Aleinikava

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Megan Bischel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jenelle Canis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Clairin Demartini

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Veronica Gomez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kris Hanson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Melissa Joseph

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Rigby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Charles Sams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jodi Stephens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Al Welch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ryan Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lisa Habighorst

    CEO

    Total calculated
    $151,062
    From this org
    $151,062
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,062
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $151,062

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
15 December 2025
IRS schema version
2024v5.0
Source object
202543499349301074

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