Overview
What is Madison Reading Project Inc?
Madison Reading Project Inc is a nonprofit organization situated in Madison, Wisconsin, with a compelling mission to promote literacy among vulnerable children. By collaborating with various nonprofits, social workers, schools, and shelters, the organization distributes books to numerous children, supplementing their school learning. With a dedicated workforce of 16 individuals, Madison Reading Project Inc organizes literacy programs that cater to the unique needs of these children, enriching their educational journey.
Official website here: www.madisonreadingproject.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Madison Reading Project Inc has received an 88% score, translating to a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score is solely derived from the Accountability & Finance beacon, showcasing the organization's commitment to maintaining transparency and responsible financial management.
The organization demonstrates several strengths, including a high percentage of independent board members (91%) and a favorable program expense ratio of 70.28%, which reflects its dedication to directing funds towards its mission. Furthermore, the absence of any material diversion of assets and a low liabilities to assets ratio (12.24%) further underscores its financial stability and operational integrity.
However, there are noted limitations, particularly the lack of a conflict of interest policy and a whistleblower policy, which could impact governance practices. Additionally, the absence of the tax form on its website could hinder accessibility to crucial financial information for stakeholders. Overall, while Madison Reading Project Inc exhibits commendable financial practices, addressing these governance gaps would enhance its accountability further.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Madison Reading Project Inc?
100% of 5 reviewers on Facebook recommend Madison Reading Project Inc. Here is a summary of their reviews:
The Madison Reading Project is praised for its impactful approach to promoting literacy and reading within the community. Reviewers highlight the organization’s unique methods and the importance of its mission, suggesting that its work is a much-needed resource in the city of Madison.
Overall, supporters express enthusiasm for the project, emphasizing its effectiveness and calling for more organizations to adopt similar strategies to foster a love for reading among youth. The commitment and innovative solutions offered by Madison Reading Project resonate strongly with the community, reinforcing its positive reputation.
This AI summary has been generated from reviews found on Facebook.
Is Madison Reading Project Inc legitimate?
Madison Reading Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Reading Project 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: $57,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,997
For more financial information, click here
Official website here: www.madisonreadingproject.com
What is the mission statement of Madison Reading Project Inc?
The Madison Reading Project Inc is dedicated to organizing literacy programs aimed at supporting vulnerable children, supplementing their school learning. The organization's mission is to provide these children with access to books and literacy resources through collaborations with various nonprofits, social workers, schools, and shelters. By doing so, the Madison Reading Project Inc strives to contribute to the children's educational growth and development, ensuring they have the necessary tools to enhance their learning experience.
Official website here: www.madisonreadingproject.com
Who is the CEO of Madison Reading Project Inc?
Rowan Childs is the Board President of Madison Reading Project Inc.
Official website here: www.madisonreadingproject.com
What is the revenue of Madison Reading Project Inc?
Madison Reading Project Inc's revenue in 2022 was $1,392,855.
Official website here: www.madisonreadingproject.com
Who are the executives of Madison Reading Project Inc and what are their salaries?
The average compensation at Madison Reading Project Inc during 2022 was $17,675. There are 16 employees and 218 volunteers at Madison Reading Project Inc.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $57,467
- Related: $0
- Other: $333
Official website here: www.madisonreadingproject.com
Where can I find the form 990 for Madison Reading Project Inc?
Madison Reading Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.madisonreadingproject.com
Learn more at the official website: www.madisonreadingproject.com
Mission Statement of Madison Reading Project Inc
Madison Reading Project Inc, a nonprofit organization, focuses on organizing literacy programs aimed at supporting vulnerable children. These programs serve as an additional resource to enhance their learning beyond the school curriculum. The organization achieves this mission by distributing books to numerous children through partnerships with various nonprofits, social workers, schools, and shelters. By providing access to reading materials, Madison Reading Project Inc contributes to fostering a love for reading and enhancing the educational opportunities for these children.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Madison Reading Project Inc's impact can be seen in the positive changes it brings to vulnerable children through its literacy programs. By organizing these programs, the organization provides valuable educational support that supplements school learning for many children in Madison. Additionally, through partnerships with other organizations, social workers, schools, and shelters, Madison Reading Project Inc is able to offer books to children, further enhancing their access to literacy resources. This impactful work helps promote youth development and contributes to a brighter future for these youngsters.
This information is meant to be a general summary of Madison Reading Project 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 2022.
- Investment Income: $1,598
- Program Service Revenue: $6,950
- Gross Receipts: $1,408,085
Assets and Liabilities:
- Total Assets: $1,493,816
- Total Liabilities: $182,870
- Net Assets: $1,310,946
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$6,950
Organization Details
Founding Year
2014
Phone
(608) 347-7970Principal Officer
Rowan Childs
Main Address
1337 GREENWAY CROSS 186, MADISON, WI, 53713
NTEE Category
Code: O50 - Youth development
If you are a representative of Madison Reading Project Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.