Financials

Worldreader is a U.S. 501(c)(3) non-profit organization founded in 2010 championing digital reading in underserved communities to help readers build a better world. We are also registered in Spain, Ghana, Kenya, United Kingdom and India.

Our Impact Since 2010

15,442,654

readers

76

countries

52

languages

552

schools

General Information

Headquarters:

1211 Folsom Street, 4th Floor
San Francisco, CA 94103

EIN (US): 27-2092468
CIO (UK): 1158030
Fiscal ID (Spain): G65520744 (as Fundación Worldreader.org)
TIN (Ghana): C002554135
Telephone: +1 (415) 562-4840
Leadership: David Risher
NTEE Category:

B19 Nonmonetary Support N.E.C.
B Educational Institutions
B01 Alliance/Advocacy Organizations

Year Founded: 2010

2019 Financial Summary

Audited financial information for Worldreader US for the year ending December 31, 2019.

Financial Health 
Program Services82.40%
Management & General10.10%
Fundraising7.40%

Revenue 
Total Contributions$6,182,238
Program Income$1,056,183
In-kind donations$2,369,849
Other income$31,563
Total Revenue$9,639,833

Expenses 
Program Services$7,663,559
Management & General$944,006
Fundraising$689,596
Total Functional Expenses$10,799,905

Assets & Liabilities 
Total Assets$10,098,623
Total Liabilities$486,504
Total Net Assets$9,612,119

2019
Annual Report

In 2019, we helped over 2.4 million people read for over 10.5 million hours in 52 languages. In addition, we launched BookSmart, our best digital reading solution to date.

People

Leadership: David Risher
Position: President & CEO
Term: Since Mar 2010

*For a full bio of David Risher, please click here.

 

Leadership Statement: PBS NewsHour

Board of Directors
Peter Spiro – Microsoft
Alison Rich – Penguin Random House
Charles Brighton – Brighton-Jones, LLC
Chris Capossela – Microsoft
Colin McElwee – Worldreader
Dana Reid – Davis Wright Termaine LLP
Elizabeth Dollar – Moss Adams LLP
Elizabeth Khuri Chandler – Goodreads
Kate James – Pearson
Kartik Raghavan – Two Sigma
David Risher – Worldreader

Additional Accountability
& Transparency Metrics

Independent Voting Board Members
No Material Diversion of Assets
Independent Review of Financials (2012), Independent Audits Scheduled (2013)
Does Not Provide Loan(s) to or Receive Loan(s) From related parties
Documents Board Meeting Minutes
Provided copy of Form 990 to organization’s governing body in advance of filing
Conflict of Interest Policy
Whistleblower Policy
Records Retention and Destruction Policy
CEO listed with salary (CEO does not draw salary)
Process for determining CEO compensation
Board Listed / Board Members Not Compensated

Information Accessibility

Board Members Listed
Audited Financials
Form 990
Key Staff Listed

Partner with us >

Reach more readers in a cost effective and scalable way with our digital reading solutions. Worldreader can help you increase your impact.