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Read Aloud America Inc

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

EIN: 990323798 ✦ Honolulu, HI ✦ Designated as a 501(c)(3)

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Overview

What is Read Aloud America Inc?

Read Aloud America Inc is a nonprofit organization dedicated to fostering literacy, strengthening family bonds, and establishing communities of lifelong readers. They achieve this goal by incorporating joy into reading and being read to. Their mission revolves around cultivating families of lifelong readers, and they have positively impacted around 2,000 individuals. This organization's activities are geared toward promoting literacy, bringing families closer, and creating communities where reading is a cherished lifelong practice.


Official website here: www.readaloudamerica.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

Read Aloud America Inc has demonstrated strong performance in accountability and finance, earning a Four-Star rating based solely on a comprehensive evaluation of its fiscal practices. The organization shows excellence in governance with a fully independent board and no material diversion of assets, indicating a commitment to transparency and responsible stewardship of resources.

The nonprofit allocates a significant portion of its budget to program expenses, with an impressive program expense ratio of 80.38%. This suggests that the majority of its funding goes directly toward its mission of promoting reading and literacy, which is a critical strength. The organization has also established policies regarding conflicts of interest, whistleblowing, and document retention, enhancing its operational integrity.

Overall, Read Aloud America Inc is noteworthy for its solid financial health and adherence to best practices in governance. Such strengths position it well to continue its impactful work within the community, though the review does not highlight any specific areas for improvement.


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

What do the Facebook reviews say about Read Aloud America Inc?

90% of 7 reviewers on Facebook recommend Read Aloud America Inc. Here's a summary of their insights:

Many parents emphasize the importance of reading aloud to children, particularly at an early age, highlighting how it not only promotes bonding but also fosters a love for reading. The organization is praised for encouraging such valuable habits, with users noting that it is a worthwhile investment in children's development. Parents appreciate the initiative and express their overall satisfaction with the services offered by the nonprofit.

Overall, there is a positive sentiment towards Read Aloud America Inc., with users recognizing its role in enhancing early literacy and supporting family engagement through reading.


This AI summary has been generated from reviews found on Facebook.

Is Read Aloud America Inc legitimate?

Read Aloud America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Read Aloud America 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,375

For more financial information, click here


Official website here: www.readaloudamerica.org

What is the mission statement of Read Aloud America Inc?

Read Aloud America Inc's mission is centered around promoting literacy and fostering a love for reading. They strive to bring families closer through the joy of reading and being read to, aiming to create generations of lifetime readers. By carrying out this mission, they have positively impacted over 2,000 individuals.


Official website here: www.readaloudamerica.org

Who is the CEO of Read Aloud America Inc?

Jed Gaines is the Founder/Pres of Read Aloud America Inc.


Official website here: www.readaloudamerica.org

What is the revenue of Read Aloud America Inc?

Read Aloud America Inc's revenue in 2022 was $45,173.


Official website here: www.readaloudamerica.org

Who are the executives of Read Aloud America Inc and what are their salaries?


Here are 4 key members and their salaries:


Jed Gaines (Founder/Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Laird (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Mun-Takata (Secretary/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Hovious (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.readaloudamerica.org

Where can I find the form 990 for Read Aloud America Inc?

Read Aloud America Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.readaloudamerica.org

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

Mission Statement of Read Aloud America Inc

Read Aloud America, an organization dedicated to promoting literacy, works towards fostering families of lifelong readers. By leveraging the joy of reading and being read to, it strives to bring families closer and create communities of individuals who value literature throughout their lives. The core mission of Read Aloud America is to build families of lifelong readers, and it has successfully impacted the lives of over 2,000 individuals.

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Impact




August, 2024

Read Aloud America Inc has had a significant impact on building families of lifetime readers. Through promoting literacy, fostering strong family bonds, and creating communities of readers, this organization has positively influenced 2,000 individuals. Its mission to cultivate lifetime readers has made a tangible difference in the lives of those it has reached.




This information is meant to be a general summary of Read Aloud America 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.

Revenue
$45,173 (2022)
Expenses
$71,497 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $45,173

Assets and Liabilities:

  • Total Assets: $81,242
  • Total Liabilities: $15,489
  • Net Assets: $65,753

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Organization Details

Founding Year

1995

Principal Officer

Jed Gaines

Main Address

1314 SOUTH KING STREET, HONOLULU, HI, 96814

NTEE Category

Code: B01 - Education

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