Totals
- Total revenue
- $5,700,015
- Total expenses
- $4,782,378
- Contributions and grants received
- $3,793,137
- Grants paid
- $371,996
- Program service revenue
- $1,905,091
- Investment income
- -$1,744
- Other revenue
- $3,531
- Total assets, end of year
- $4,424,012
- Total liabilities, end of year
- $557,791
- Net assets or fund balances, end of year
- $3,866,221
- Program services expenses (Part IX)
- $3,612,138
- Management and general expenses
- $767,266
- Fundraising expenses
- $402,974
- Program service expenses (Part III)
- $3,612,138
Program services were 75.5% 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.
-
1a · Federated campaigns
$826
-
1f · All other contributions, gifts and grants
$3,792,311
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Program Materials
total $1,815,961 · related or exempt $1,815,961
-
2b · Program service revenue: Affiliate Fees
total $17,000 · related or exempt $17,000
-
2c · Program service revenue: Training Fees
total $7,000 · related or exempt $7,000
-
2d · Program service revenue: Shipping Revenue
total $63,130 · related or exempt $63,130
-
2e · Program service revenue: Program Revenue
total $2,000 · related or exempt $2,000
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $23,661 · excluded $23,661
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $842,395
-
7b · Less cost or other basis and sales expenses
securities $867,800
-
7c · Gain or loss
securities -$25,405 · other assets $0
-
7d · Net gain or loss
total -$25,405 · excluded -$25,405
-
11a · Other revenue: Credit card and bank rewards
total $3,425 · related or exempt $3,425
-
11b · Other revenue: Sales of branded merchandise
total $106 · related or exempt $106
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$3,531
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $371,996 · program services $371,996
-
5 · Compensation of officers, directors and key employees
total $507,283 · program services $196,518 · management and general $199,878 · fundraising $110,887
-
7 · Other salaries and wages
total $1,546,603 · program services $1,182,207 · management and general $176,171 · fundraising $188,225
-
8 · Pension plan contributions
total $70,342 · program services $50,495 · management and general $9,995 · fundraising $9,852
-
9 · Other employee benefits
total $290,122 · program services $213,502 · management and general $51,606 · fundraising $25,014
-
10 · Payroll taxes
total $146,030 · program services $102,446 · management and general $24,280 · fundraising $19,304
-
11a · Fees: management
total $92,838 · management and general $92,838
-
11c · Fees: accounting
total $59,539 · program services $1,260 · management and general $58,279
-
11g · Fees: other
total $271,596 · program services $225,505 · management and general $35,486 · fundraising $10,605
-
12 · Advertising and promotion
total $11,861 · program services $11,593 · management and general $155 · fundraising $113
-
13 · Office expenses
total $79,957 · program services $67,665 · management and general $4,375 · fundraising $7,917
-
14 · Information technology
total $129,037 · program services $71,853 · management and general $45,148 · fundraising $12,036
-
16 · Occupancy
total $20,429 · program services $20,166 · management and general $152 · fundraising $111
-
17 · Travel
total $63,651 · program services $45,305 · management and general $16,698 · fundraising $1,648
-
19 · Conferences, conventions and meetings
total $23,080 · program services $8,135 · management and general $13,946 · fundraising $999
-
20 · Interest
total $3,550 · program services $414 · management and general $3,136
-
22 · Depreciation, depletion and amortization
total $10,008 · program services $8,430 · management and general $912 · fundraising $666
-
23 · Insurance
total $19,444 · program services $2,085 · management and general $17,091 · fundraising $268
-
24a · Other expenses: Cost of Materials
total $919,339 · program services $919,339
-
24b · Other expenses: Sales and use tax
total $63,311 · program services $63,292 · management and general $10 · fundraising $9
-
24c · Other expenses: Professional Development & Conferences
total $34,003 · program services $16,936 · management and general $15,772 · fundraising $1,295
-
24d · Other expenses: Penalties, Fines and bad debt
total $15,899 · program services $2,899 · fundraising $13,000
-
24e · All other expenses
total $32,460 · program services $30,097 · management and general $1,338 · fundraising $1,025
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $223 · end of year $300
-
2 · Savings and temporary cash investments
beginning of year $1,327,921 · end of year $1,866,827
-
3 · Pledges and grants receivable
beginning of year $940,551 · end of year $1,985,163
-
4 · Accounts receivable
beginning of year $385,922 · end of year $33,137
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $588,262 · end of year $468,245
-
9 · Prepaid expenses and deferred charges
beginning of year $61,352 · end of year $43,403
-
10a · Land, buildings and equipment: cost or other basis
$615,607
-
10b · Land, buildings and equipment: accumulated depreciation
$588,670
-
10c · Land, buildings and equipment, net
beginning of year $21,961 · end of year $26,937
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $183,955 · end of year $377,891
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $148,597 · end of year $144,682
-
24 · Unsecured notes and loans payable
beginning of year $45,056 · end of year $35,218
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $1,499,409 · end of year $1,428,329
-
28 · Net assets with donor restrictions
beginning of year $1,449,175 · end of year $2,437,892
Mission and programs · 2023
Mission
Raising a Reader supports families and inspires the development of literacy skills and a lifelong love for reading. We help children attain brighter futures in which they can thrive and contribute in school, the workforce and society.
Activities or mission (Part I)
Raising a Reader is a national program proven to build literacy routines through family engagement.
-
Raising A Reader (RAR) is a national nonprofit family engagement and literacy program that helps families develop, practice, and maintain home literacy habits essential for school success. RAR is operated through a diverse national network of affiliates (e.g., school systems, libraries, or community agencies) at more than 2,900 locations nationally, serving families with children between the ages of 0 to 8 years old. Children participating in our programs are exposed to high-quality, developmentally appropriate children's books, providing them with both a mirror reflecting their own world and a window to the world beyond. Through initial training and ongoing support, Raising A Reader parents, even those with limited English proficiency or low literacy skills, learn how to engage their children in storytelling with picture books. The program also includes an introduction to community resources, such as the public library, setting up families for a lifetime of book enjoyment. More than 39 independent evaluations confirm the valuable impact of RAR on family engagement and early literacy skills.
Expenses $3,612,138 · Grants $371,996 · Revenue $1,908,622
As filed on the 2023 return.
Listed in Part VII
-
Carol EmigCAROL EMIG
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Erica K WoodERICA K WOOD
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Michelle TorgersonMICHELLE TORGERSON
DIRECTOR/PRESIDENT & CEO
- Total calculated
- $336,023
- From this org
- $308,194
- From related orgs
- $0
- Other
- $27,829
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $301,173
- Bonus
- $6,000
- Other
- $1,021
- Deferred
- $18,543
- Nontaxable benefits
- $9,286
- Filer's total
- $336,023
-
Sterling SpeirnSTERLING SPEIRN
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Gihani FernandoGIHANI FERNANDO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jennifer BlatzJENNIFER BLATZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Karen CallooKAREN CALLOO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kirk LawKIRK LAW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kris PerryKRIS PERRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Meredith CrooksMEREDITH CROOKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Portia KennelPORTIA KENNEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jennifer FordJENNIFER FORD
VP, FINANCE & OPERATIONS
- Total calculated
- $171,260
- From this org
- $160,970
- From related orgs
- $0
- Other
- $10,290
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $160,638
- Bonus
- $0
- Other
- $332
- Deferred
- $9,638
- Nontaxable benefits
- $652
- Filer's total
- $171,260
-
Michelle HymanMICHELLE HYMAN
SVP, PROGRAMS & PARTNERSHIPS
- Total calculated
- $182,368
- From this org
- $139,828
- From related orgs
- $0
- Other
- $42,540
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,367
- Bonus
- $0
- Other
- $461
- Deferred
- $9,017
- Nontaxable benefits
- $33,523
- Filer's total
- $182,368
-
Noelle ColomeNOELLE COLOME
DIRECTOR OF DEVELOPMENT
- Total calculated
- $153,742
- From this org
- $129,878
- From related orgs
- $0
- Other
- $23,864
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $128,736
- Bonus
- $0
- Other
- $1,142
- Deferred
- $7,970
- Nontaxable benefits
- $15,894
- Filer's total
- $153,742
-
Rebecca ChrystalREBECCA CHRYSTAL
MANAGING DIRECTOR, PROGRAMS & PARTNERSHIPS
- Total calculated
- $182,447
- From this org
- $151,478
- From related orgs
- $0
- Other
- $30,969
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,528
- Bonus
- $4,633
- Other
- $317
- Deferred
- $9,522
- Nontaxable benefits
- $21,447
- Filer's total
- $182,447
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 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 7 Non-fixed payments
- The board determines The CEO's bonus. Any other applicable bonuses are determined by RAR's Employer Philosophy.
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
-
Compton Unified School District
no cash amount reported
Implementation funding for program related costs and support
-
San Diego Unified School District
no cash amount reported
Implementation funding for program related costs and support
-
no cash amount reported
Implementation funding for program related costs and support
-
Pacific Asian Consortium in Education
no cash amount reported
Implementation funding for program related costs and support
-
no cash amount reported
Implementation funding for program related costs and support
-
no cash amount reported
Implementation funding for program related costs and support
-
Ocean View School District
no cash amount reported
Implementation funding for program related costs and support
-
no cash amount reported
Implementation funding for program related costs and support
-
Clinton Hill Community & Early Childhood Center
no cash amount reported
Implementation funding for program related costs and support
-
Raising A Reader Massachusetts
no cash amount reported
Implementation funding for program related costs and support
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 17 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422909349302057
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.