Overview
What is Reading Is Fundamental Of Southern California Inc?
Reading Is Fundamental of Southern California Inc is a nonprofit organization, headquartered in Los Angeles, California. Their primary mission is to promote literacy and inspire children from economically disadvantaged backgrounds to read by distributing new books. This organization serves children in high-poverty preschools, elementary schools, middle schools, Head Start sites, and community-based organizations in Los Angeles and Orange Counties. By providing these children with new books, they aim to create home libraries, thereby enhancing their reading skills and fostering a love for literature. With a small team of three dedicated individuals, they distribute over 125,000 books annually, empowering young minds and contributing to their educational growth.
Official website here: www.rifsocal.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
Reading Is Fundamental of Southern California Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score is based entirely on its performance in the Accountability & Finance category, where it scored 97%. This strong rating signifies that the organization effectively manages its resources and adheres to best practices in financial transparency.
One of the organization's notable strengths is its governance structure, with a 100% independent board, which suggests a commitment to ethical oversight and decision-making. Additionally, Reading Is Fundamental has implemented robust policies, including conflict of interest and whistleblower policies, and has demonstrated a low liabilities to assets ratio of 1.82%, reflecting sound financial management. The charity also prioritizes program expenses, with over 72% of its budget allocated directly to programs.
While the data reflects strong organizational practices, potential donors and supporters should always consider the overall impact of the charity's programs in the community. Nonetheless, the exemplary accountability and financial management indicators position Reading Is Fundamental of Southern California Inc as a trustworthy nonprofit committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Reading Is Fundamental Of Southern California Inc legitimate?
Reading Is Fundamental Of Southern California Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reading Is Fundamental Of Southern California Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $122,513
Professional Fundraising Fees: $30,000
Other Salaries and Wages: $62,549
For more financial information, click here
Official website here: www.rifsocal.org
What is the mission statement of Reading Is Fundamental Of Southern California Inc?
Reading Is Fundamental of Southern California Inc is committed to promoting literacy and motivating children to read by providing them with new books to establish home libraries. This non-profit organization targets underserved children in Southern California, specifically in high-poverty preschools, elementary schools, middle schools, Head Start sites, and community-based organizations in Los Angeles and Orange Counties. Their mission is to create a literacy-rich environment for these children, fostering a love for reading and enhancing their educational opportunities. By distributing over 125,000 new books, Reading Is Fundamental of Southern California Inc is making strides in promoting literacy and fostering a love for reading among underserved children in the region.
Official website here: www.rifsocal.org
Who is the CEO of Reading Is Fundamental Of Southern California Inc?
Carol Henault is the Treasurer of Reading Is Fundamental Of Southern California Inc.
Official website here: www.rifsocal.org
What is the revenue of Reading Is Fundamental Of Southern California Inc?
Reading Is Fundamental Of Southern California Inc's revenue in 2023 was $482,049.
Official website here: www.rifsocal.org
Who are the executives of Reading Is Fundamental Of Southern California Inc and what are their salaries?
The average compensation at Reading Is Fundamental Of Southern California Inc during 2023 was $61,687. There are 3 employees at Reading Is Fundamental Of Southern California Inc.
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Official website here: www.rifsocal.org
Where can I find the form 990 for Reading Is Fundamental Of Southern California Inc?
Reading Is Fundamental Of Southern California Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rifsocal.org
Learn more at the official website: www.rifsocal.org
Mission Statement of Reading Is Fundamental Of Southern California Inc
Reading Is Fundamental of Southern California Inc is committed to fostering literacy and inspiring a love for reading among economically disadvantaged children in the region. Their mission is to create home libraries for these underserved children by distributing new books, thereby motivating them to read. By providing these resources, the organization aims to empower these children and help them overcome literacy challenges, ultimately enhancing their educational opportunities and overall development. Through their efforts in high-poverty preschools, elementary schools, middle schools, Head Start sites, and community-based organizations, Reading Is Fundamental of Southern California Inc has successfully distributed over 125,000 new books, making a significant impact in encouraging literacy among the children they serve.
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Impact
July, 2024
Reading Is Fundamental Of Southern California Inc's impact on children in Southern California is significant. By distributing over 125,000 new books to economically disadvantaged children in high-poverty preschools, elementary schools, middle schools, Head Start sites, and community-based organizations in Los Angeles and Orange Counties, they are actively promoting literacy and motivating children to read. The provision of new books helps create home libraries for underserved children, opening up opportunities for learning and personal growth. Through their efforts, Reading Is Fundamental Of Southern California Inc is making a tangible difference in improving access to books and fostering a love for reading among children in the region.
This information is meant to be a general summary of Reading Is Fundamental Of Southern California Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $65,123
- Program Service Revenue: $182,345
- Gross Receipts: $482,049
Assets and Liabilities:
- Total Assets: $1,016,507
- Total Liabilities: $18,536
- Net Assets: $997,971
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$182,345
Organization Details
Founding Year
1974
Phone
(323) 890-0876Principal Officer
Carol Henault
Main Address
7250 BANDINI BLVD APT 209, LOS ANGELES, CA, 90040
Website
www.rifsocal.orgNTEE Category
Code: B92Z - Education
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