2018 Financial Summary
Consolidated financial information for Worldreader US for the year ending December 31, 2018. Audited financial statements available upon request.
| Financial Health | |
|---|
| Program Services | 74.6% |
| Management & General | 15.9% |
| Fundraising | 9.5% |
| Revenue | |
|---|
| Total Contributions | $8,768,685 |
| Program Income | $559,649 |
| In-kind donations | $2,757,442 |
| Other income | $24,063 |
| Total Revenue | $12,109,839 |
| Expenses | |
|---|
| Program Services | $8,053,769 |
| Management & General | $1,716,653 |
| Fundraising | $1,029,483 |
| Total Functional Expenses | $10,799,905 |
| Assets & Liabilities | |
|---|
| Total Assets | $10,098,623 |
| Total Liabilities | $486,504 |
| Total Net Assets | $9,612,119 |
990 Forms
View our US entity IRS Form 990 data for the following years
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
Charles Brighton – Brighton-Jones, LLC
Chris Capossela – Microsoft
Colin McElwee – Worldreader
David Risher – Worldreader
Elizabeth Khuri Chandler – Goodreads
Kate James – Pearson
Kartik Raghavan – Two Sigma
Lisa Nitze – Lisa Nitze Consulting
Mary Case – Moss Adams LLC
Sue Sanderson – Sanderson Family Foundation
*For a full profile of the Worldreader Board of Directors, please click HERE.
Additional Accountability & Transparency Metrics
| Independent Voting Board Members | YES |
| No Material Diversion of Assets | YES |
| Independent Review of Financials (2012), Independent Audits Scheduled (2013) | YES |
| Does Not Provide Loan(s) to or Receive Loan(s) From related parties | YES |
| Documents Board Meeting Minutes | YES |
| Provided copy of Form 990 to organization’s governing body in advance of filing | YES |
| Conflict of Interest Policy | YES |
| Whistleblower Policy | YES |
| Records Retention and Destruction Policy | YES |
| CEO listed with salary (CEO does not draw salary) | YES |
| Process for determining CEO compensation | YES |
| Board Listed / Board Members Not Compensated | YES |
Information Accessibility
| Board Members Listed | YES |
| Audited Financials | YES |
| Form 990 | YES |
| Key Staff Listed | YES |
If you have any further questions about our financials, please don’t hesitate to contact us.
