Financials

Worldreader is a U.S. 501(c)(3) non-profit organization founded in 2010 dedicated to getting children reading so they can reach their potential. We are also registered in Spain, Ghana, Kenya, the United Kingdom and India.

Our impact since 2010

22 M

cumulative readers

128 M

hours read

77 M

books read

Local and major

languages

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

2022 Financial Summary

Audited financial information for Worldreader US for the year ending December 31, 2022.

Financial Health
Program Services68.92%
Management & General19.59%
Fundraising11.49%

Revenue
Total Contributions$6.189.991
Program Income$588.400
In-kind donations$903.680
Other income$46.795
Total Revenue$7,728.866

Expenses
Program Services$$5.940.664
Management & General$1.688.538
Fundraising$990.619
Total Functional Expenses$8.619.821

Assets & Liabilities
Total Assets$10.781.260
Total Liabilities$801.204
Total Net Assets$9,980,056

2010

Form 990

2022
Annual Report

In 2022 we have been laser-focused on tackling the global learning crisis, working with partners, educators, and families to get children reading every day, in and out of school. Discover the stories, projects, impact, and community that made 2022 a year of reading, and find a special message from our co-founder David Risher.

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
Ericka Lock – Kaphan Foundation
Gretchen Sorensen – Sorensen Group
Kate James – Pearson
Kartik Raghavan – Two Sigma
Prasanna Krishnan – Snowflake
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 >

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