Virginia · Nonprofit
Read Early and Daily READ
Read Early and Daily READ (Virginia) receives grants from 7 organizations whose IRS filings report $74,009 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($41,600). 4 of them have funded it in more than one year, and 84% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $418k
- Funders on record
- 7
- Grants received
- $74k
- Net assets
- $194k
What Read Early and Daily READ does
Mission
Empower families to foster empathy, curiosity, and self-confidence in their young children through the joy of reading together every day. Provide new, quality, mirror and window books to babies and young children.
As stated on its FY2025 Form 990.
Program
Ensure babies and young children have new, quality, culturally relevant books of their own that are mirrors and windows into their everyday lives and communities.
$336,931 spent100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $336,931.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $115k to $272k (+136%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 3%. Grants only. Government contracts and fees sit inside program revenue.
49% of Read Early and Daily READ’s revenue is contributions — about as donation-reliant as the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Jennifer Sauter-Price
Executive Director
As listed on its FY2025 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $77 → $23k.
4 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 84% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Read Early and Daily READ’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Read Early and Daily READ leans on a few funders — its largest provides 56% of grant income and the top three 90%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
85% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Read Early and Daily READ.
Largest funder’s share by year: 2020 100% · 2021 67% · 2022 100% · 2023 71% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
84% of Read Early and Daily READ's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $12k that is directly attributable, 88% of it comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $62k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Read Early and Daily READ has grown faster than three-quarters of the 16,849 education nonprofits its size.
this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025
Organizations like Read Early and Daily READ
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for Read Early and Daily READ: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Read Early and Daily READ?
- Read Early and Daily READ (Virginia) receives grants from 7 organizations whose IRS filings report $74,009 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($41,600). 4 of them have funded it in more than one year, and 84% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Read Early and Daily READ have?
- IRS filings report 7 organizations giving $74,009 in grants to Read Early and Daily READ, 4 of which have funded it in more than one year.
- Who is the largest funder of Read Early and Daily READ?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $41,600 in grants. The full list of funders is on this page.
- How can an organization like Read Early and Daily READ find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Read Early and Daily READ →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing