Overview
What is Coaching For Literacy?
Coaching For Literacy, based in Memphis, Tennessee, is a nonprofit organization that leverages the power of sports to address the issue of illiteracy. Their mission is twofold: raising awareness about this problem and generating financial support for literacy programs serving students from kindergarten to third grade. To accomplish this, they collaborate with athletic teams and players, encouraging them to donate 100% of public funds to local literacy partners. Since their establishment, Coaching For Literacy has successfully served an estimated 60,000 individuals through their initiatives. Their work is carried out by a team of eight dedicated employees.
Official website here: www.coachingforliteracy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Coaching For Literacy has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a perfect score in several key areas, including a fully independent board and a very favorable liabilities to assets ratio, the organization demonstrates effective governance and financial practices. This rating is particularly significant as it highlights the charity's responsible management of resources and transparency.
Strengths noted in the evaluation include a high program expense ratio of 75.88%, indicating that a substantial portion of funding is allocated directly to programs rather than administrative costs. The organization also maintains robust policies regarding conflict of interest and whistleblower protection, which further bolster its operational integrity. The complete independence of its board members ensures that decisions are made with the organization’s best interests in mind.
Despite the strong performance, the summary does not mention any specific limitations or areas for improvement, suggesting that Coaching For Literacy is currently operating effectively. Overall, the high rating and positive feedback reflect an organization that is trustworthy, financially sound, and dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Coaching For Literacy legitimate?
Coaching For Literacy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coaching For Literacy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $263,593
For more financial information, click here
Official website here: www.coachingforliteracy.org
What is the mission statement of Coaching For Literacy?
Coaching For Literacy, a non-profit organization, utilizes the influence of sports to galvanize public awareness about illiteracy and raise funds for literacy programs serving students in kindergarten through third grade. Their mission is to leverage the power of sports to foster support for literacy initiatives nationwide. Through events like the Fight For Literacy Games, they bring together coaches, players, and fans to promote literacy awareness and collect donations. A significant portion of these funds is then channeled to local literacy programs within the respective communities. As a result, over 60,000 individuals have benefited from these initiatives.
Official website here: www.coachingforliteracy.org
Who is the CEO of Coaching For Literacy?
Chandler Ferguson is the Board Chair of Coaching For Literacy.
Official website here: www.coachingforliteracy.org
What is the revenue of Coaching For Literacy?
Coaching For Literacy's revenue in 2022 was $880,992.
Official website here: www.coachingforliteracy.org
Who are the executives of Coaching For Literacy and what are their salaries?
The average compensation at Coaching For Literacy during 2022 was $32,949. There are 8 employees and 10 volunteers at Coaching For Literacy.
Here are 12 key members and their salaries:
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- Other: $3,087
- Compensation: $77,100
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- Other: $1,116
Official website here: www.coachingforliteracy.org
Where can I find the form 990 for Coaching For Literacy?
Coaching For Literacy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coachingforliteracy.org
Learn more at the official website: www.coachingforliteracy.org
Mission Statement of Coaching For Literacy
Coaching For Literacy, a not-for-profit organization, employs the power of sports to raise awareness about the issue of illiteracy and generate financial support for literacy programs serving students in grades kindergarten through third grade. Their mission is to utilize the allure of sports to spark interest and engagement in the importance of literacy, ultimately channeling funds towards educational initiatives designed to combat this pressing concern.
By partnering with athletic teams and players, Coaching For Literacy encourages them to donate a significant portion of public funds to local literacy partners. Through events such as the 'Fight For Literacy Games,' coaches, athletes, and fans unite in a shared goal: ensuring that children can read effectively. During these events, participants wear green clothing to promote the cause and the general public contributes donations to support literacy programs within their respective communities. An impressive 100% of the funds raised through the 'Fight4Literacy Games' are then distributed to literacy programs within that community, benefiting an estimated 60,000 individuals.
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Impact
July, 2024
Coaching For Literacy's impact can be seen in its dedication to using the power of sports to raise awareness about the issue of illiteracy and to generate financial support for literacy programs serving students in grades kindergarten through third grade. Through its Fight for Literacy Games, Coaching For Literacy brings coaches, players, and fans together in a common cause to ensure our children can read. Partners wearing green for literacy promote cause awareness, and the general public contributes donations to local literacy efforts.
The estimated number of individuals served by Coaching For Literacy's programs is around 60,000. By partnering with athletic teams and players, this organization is able to leverage the influence of sports to make a positive impact on literacy rates nationwide. Through their efforts, Coaching For Literacy is helping to address the issue of illiteracy and provide valuable support to literacy programs in communities across the country.
This information is meant to be a general summary of Coaching For Literacy. 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 2022.
- Gross Receipts: $880,992
Assets and Liabilities:
- Total Assets: $104,742
- Total Liabilities: $3,919
- Net Assets: $100,823
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Organization Details
Founding Year
2013
Phone
(901) 410-3633Principal Officer
Chandler Ferguson
Main Address
1350 CONCOURSE AVE 437, MEMPHIS, TN, 381042025
Website
www.coachingforliteracy.orgNTEE Category
Code: B99 - Education
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