Nonprofit screen
Screen a listFerst Readers Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$2.2Mrevenue
FY2024 · −7% in 3 yrs10staff
7 of 7years filed
’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−12.9%
Months of reserve2.0mo
Revenue growth (annualized)+1.2%
Middle half of peersMedianFerst Readers
Where the money goes FY2024 · $2.5M spent
Programs$2.2M91%Management and general$158k6%Fundraising$72k3%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$544k in FY2022 and −$282k in FY2024. Cash covers 2.0 months, under the peer median of 3.2.
990 Part I and balance sheetIn its favor1
Strong governance
20 of 20 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI93funders
$855ka year, last 3 years
43%from its largest funder
Funder’17’18’19’20’21’22’23United Way of Metropolitan Dallas IncSince FY2019$415k$315k$324k$260k$523kUnited Way of Greater Atlanta IncEvery year since FY2017$189k$11k$140k$70k$32k$25k$25kKevin & Brittany Kisner FoundationOn and off$21k$50k$70kUnited Way of the Chattahoochee Valley IncEvery year since FY2017$10k$20k$20k$20k$15k$19k$19kSilver Cross HomeSince FY2019$25k$25k$20k$25k$25kThe McCormick Family FoundationSince FY2021$10k$25k$25kDonor-advised giftsDonors not disclosed$132k$194k$163k$143k$113k$207k$302k61 other fundersUp to $50k a year each$15k$27k$60k$43k$173k$163k$116k
FundedThrough a donor-advised fund