Overview
What is First Book?
First Book is a nonprofit social enterprise established in 1992, located in Washington, D.C. With a team of 127 employees, they are dedicated to bridging the education gap for children from low-income communities. Through their extensive network of over 575,000 educators, they reach 5 million kids annually, providing them with essential books and resources. By delivering high-quality educational materials to classrooms and programs across North America, First Book levels the playing field and sets kids up for success, ultimately transforming lives.
Official website here: www.firstbook.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
First Book has received a high rating of 98% from Charity Navigator, indicating strong performance in accountability and finance, as well as exceptional scores in leadership, adaptability, culture, and community. The organization effectively utilizes its resources, as reflected in a program expense ratio of 96.57% and a low fundraising efficiency ratio, showcasing its commitment to maximizing contributions for educational initiatives.
User reviews from Great Nonprofits highlight the profound impact First Book has on children from low-income families, providing over 140 million new books and educational resources. Many reviewers express gratitude for the accessibility of quality reading materials, noting that the books provided have significantly enhanced literacy and educational opportunities for underprivileged children across various regions, including the United States and other countries.
While the organization is highly praised for its mission and effectiveness, some feedback suggests areas for potential growth, such as expanding outreach and ensuring that even more children can benefit from their services. Nonetheless, First Book's dedication to promoting literacy and educational equity remains a cornerstone of its operations, making it a well-regarded nonprofit in the educational sector.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is First Book legitimate?
First Book is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Book 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: $1,212,791
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,966,627
For more financial information, click here
Official website here: www.firstbook.org
What is the mission statement of First Book?
First Book is a nonprofit organization established in 1992, committed to creating a world where children from low-income communities have access to quality educational resources. By reaching over 5 million children every year, this social enterprise aims to level the playing field by eliminating barriers to equitable education. Through a network of over 575,000 educators, they provide books and essential resources, ensuring kids are prepared to learn and thrive. Infusing high-quality materials into classrooms and programs, First Book transforms lives by enabling children to succeed.
Official website here: www.firstbook.org
Who is the CEO of First Book?
Kyle Zimmer is the President And Ceo of First Book. The CEO's salary of First Book is $232,100 and their total compensation is $272,189.
Official website here: www.firstbook.org
What is the revenue of First Book?
First Book's revenue in 2022 was $104,666,814.
Official website here: www.firstbook.org
Who are the executives of First Book and what are their salaries?
The average compensation at First Book during 2022 was $56,531. There are 127 employees and 1000 volunteers at First Book.
Here are 21 key members and their salaries (First Book's CEO's salary is $232,100 and their total compensation is $272,189):
- Compensation: $232,100
- Related: $0
- Other: $40,089
- Compensation: $234,923
- Related: $0
- Other: $28,355
- Compensation: $215,252
- Related: $0
- Other: $39,888
- Compensation: $213,600
- Related: $0
- Other: $23,101
- Compensation: $202,711
- Related: $0
- Other: $28,466
- Compensation: $178,600
- Related: $0
- Other: $12,408
- Compensation: $154,600
- Related: $0
- Other: $19,709
- Compensation: $130,212
- Related: $0
- Other: $9,468
- Compensation: $120,639
- Related: $0
- Other: $18,239
- Compensation: $95,806
- Related: $0
- Other: $36,620
- Compensation: $120,148
- Related: $0
- Other: $794
- 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
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.firstbook.org
Where can I find the form 990 for First Book?
First Book's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.firstbook.org
Learn more at the official website: www.firstbook.org
Mission Statement of First Book
First Book, a nonprofit social enterprise established in 1992, is dedicated to creating a world where every child, regardless of their socioeconomic background, has access to quality educational resources. With a mission to transform lives by leveling the educational playing field, First Book reaches over 5 million children annually in North America.
Through a powerful network of more than 575,000 educators, First Book provides books and essential resources to underprivileged communities. These resources are crucial in equipping teachers and programs to help children overcome the educational barriers they face. By infusing high-quality materials into classrooms, First Book ensures that kids are prepared to learn and succeed.
First Book's commitment to equitable education begins by removing the financial burden of purchasing books and resources for educators serving low-income communities. This approach not only enables teachers to create engaging learning environments but also empowers them to inspire a love for reading and learning in their students. In doing so, First Book is breaking down the barriers that hinder children's access to quality education, ultimately giving them the tools they need to thrive and reach their full potential.
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Impact
October, 2024
First Book significantly impacts children's education by ensuring that all children, regardless of their background or zip code, have access to quality educational resources. By reaching 5 million kids each year in low-income communities across North America, First Book removes barriers to equitable education.
It achieves this through a powerful network of over 575,000 educators, the largest online community dedicated to this cause. By providing high-quality books and educational materials, First Book levels the playing field, allowing children to be better prepared to learn and succeed. This focus on equitable access to resources not only enhances individual learning experiences but also transforms entire communities, as education serves as a powerful tool for change and opportunity.
This information is meant to be a general summary of First Book. 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: $39,654
- Program Service Revenue: $14,837,577
- Gross Receipts: $104,666,814
Assets and Liabilities:
- Total Assets: $38,860,607
- Total Liabilities: $7,058,821
- Net Assets: $31,801,786
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FIRST BOOK MARKETPLACE SALES
Revenue
$14,837,577
Organization Details
Founding Year
1992
Phone
(202) 393-1222Principal Officer
Kyle Zimmer
Main Address
1319 F Street NW Suite 1000, Washington, DC, 20004
Website
www.firstbook.orgNTEE Category
Code: B92Z - Education
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