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The Children's Reading Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911731315 ✦ Kennewick, WA ✦ Designated as a 501(c)(3)

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Overview

What is The Children's Reading Foundation?

The Children's Reading Foundation, situated in Kennewick, Washington, is a dedicated nonprofit organization. Its primary objective is to empower families and caregivers by providing them with essential training and resources related to early learning. Specifically, its mission revolves around supporting children in mastering reading skills at an early age, aiming for grade-level reading proficiency by the end of third grade. With a team of five dedicated individuals, this foundation focuses on early childhood literacy, offering valuable resources and training to help children develop strong reading abilities.


Official website here: www.readingfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

The Children's Reading Foundation has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 81%. This rating is solely derived from the organization's Accountability & Finance metrics, which indicate a strong commitment to transparency and responsible financial management. The foundation scored exceptionally well in various areas, including a 100% independent board and a low liabilities to assets ratio, which showcases its financial stability.

One of the organization's key strengths lies in its high program expense ratio of 92.23%, suggesting that a significant portion of its resources is directed towards its mission-related activities rather than administrative costs. Additionally, the foundation has robust governance policies in place, such as a documented conflict of interest policy and a whistleblower policy, further enhancing its accountability.

While the rating highlights commendable aspects of the organization, it remains important for potential donors to consider other qualitative factors and the broader impact of its programs. Overall, The Children's Reading Foundation demonstrates a strong commitment to effective governance and financial health, making it a trustworthy option for contributors looking to support literacy initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is The Children's Reading Foundation legitimate?

The Children's Reading Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Children's Reading Foundation 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: $410,073

For more financial information, click here


Official website here: www.readingfoundation.org

What is the mission statement of The Children's Reading Foundation?

The Children's Reading Foundation's mission is centered around supporting children in their early reading development. Their primary goal is to ensure that children can read at grade level by the end of third grade. To achieve this, the organization offers training and resources to families and caregivers, aiming to equip them with the necessary tools for their children's early learning. The foundation's activities are geared towards fostering a strong reading foundation in children, setting them up for successful academic journeys ahead.


Official website here: www.readingfoundation.org

Who is the CEO of The Children's Reading Foundation?

Kristin Norell is the President of The Children's Reading Foundation.


Official website here: www.readingfoundation.org

What is the revenue of The Children's Reading Foundation?

The Children's Reading Foundation's revenue in 2022 was $1,421,943.


Official website here: www.readingfoundation.org

Who are the executives of The Children's Reading Foundation and what are their salaries?

The average compensation at The Children's Reading Foundation during 2022 was $82,015. There are 5 employees at The Children's Reading Foundation.


Here are 7 key members and their salaries:


Nancy Kerr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bailey Weiss (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Dell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Fox (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Kim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rufus Friday (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Norell (Executive Director)
  • Compensation: $131,117
  • Related: $0
  • Other: $0


Official website here: www.readingfoundation.org

Where can I find the form 990 for The Children's Reading Foundation?

The Children's Reading Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.readingfoundation.org

Learn more at the official website: www.readingfoundation.org

Mission Statement of The Children's Reading Foundation

The Children's Reading Foundation is a dedicated organization with a mission to support children in their journey towards early and proficient reading. Specifically, its aim is to ensure that children can read at their grade level by the end of the third grade. To accomplish this, the foundation offers training and resources to families and caregivers, playing a crucial role in fostering a strong foundation for literacy development. By providing this support, The Children's Reading Foundation strives to empower children to unlock their potential through reading, setting them up for success in their academic and personal lives.

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Impact




July, 2024

The Children's Reading Foundation's impact lies in its dedication to supporting children in learning to read early and well. By providing training and resources to families and caregivers related to early learning, the organization helps ensure that children are reading on grade-level by the completion of third grade. This focus on early childhood literacy sets the foundation for future academic success and overall development, ultimately making a significant impact on the lives of children and their communities.




This information is meant to be a general summary of The Children's Reading Foundation. 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.

Revenue
$1,421,943 (2022)
Expenses
$1,241,305 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $630
  • Gross Receipts: $1,889,311

Assets and Liabilities:

  • Total Assets: $2,541,979
  • Total Liabilities: $48,549
  • Net Assets: $2,493,430

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Organization Details

Founding Year

1996

Principal Officer

Kristin Norell

Main Address

515 W ENTIAT AVENUE, KENNEWICK, WA, 99336

NTEE Category

Code: B92 - Education

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