2014-02-27T06:28:52-06:00 2013-09-30 521511275 Raffa PC 1899 Street NW Suite 900 Washington DC 20036 990 2012-10-01 520976257 Reading is Fundamental Inc READ 2025363400 1730 Rhode Island Avenue NW 11th Floor Washington DC 20036 Carol Hampton Rasco 2025363400 2014-02-27 1 Frank H Smith P00639053 2028225000 2014-02-20 2012 2015-11-30 17:44:51Z Carol Hampton Rasco 1730 Rhode Island Avenue NW 11th Floor Washington DC 20036 18105722 0 X www.rif.org X 1973 DC Motivating children to read by making reading a fun and beneficial part of everyday life. 20 20 37 100024 110500 4195 22222310 10423884 2686 19254 5357 186080 287025 -14578 22517378 10614640 777857 717660 0 0 2540396 2341099 553000 552400 1361545 18980011 9533647 22851264 13144806 -333886 -2530166 15567874 13846719 1026624 1506094 14541250 12340625 X The vision of Reading Is Fundamental, Inc. (RIF) is a literate America in which all children have access to books and discover the joys and value of reading. Founded in 1966, RIF motivates children to read by working with them, their parents, and community members to make reading a fun and beneficial part of everyday life. RIF's highest priority is reaching underserved children from birth to age 8. 1 0 4659182 717660 Books for Ownership: RIF's largest program service is Books for Ownership (BFO). A "local RIF program" that operates the BFO service conducts between two and five book distributions per year where the participating children each select a book to keep. Each book distribution also includes motivational activities designed to encourage the participating children to read for pleasure. Through community volunteers in every state and U.S. territory. 3157904 Literacy Research: In fiscal year 2013, RIF received a new federal award from the U.S Department of Education (Education) to operate the Innovative Approaches to Literacy Program(IAL). The IAL program supports high quality programs designed to develop and improve literacy skills for children and students from birth through 12th grade within the attendance boundaries of high-need local educational agencies and schools. Under the IAL program, RIF has implemented a high quality research-based plan for an innovative approach to improve childhood literacy that includes book distributions, literacy activities, teacher support, parent involvement and a randomized treatment, reaching children and families in 15 states and the District of Columbia. 1281673 Community Literacy Awareness: RIF conducts major multidisciplinary projects that are tailored to the specific needs of individual communities. These projects combine the distribution of books to children, similar to the BFO services, with elements of other RIF program services. A multidisciplinary project is usually funded by a single donor. 1276358 19254 Literacy services and other: Other RIF programs include literacy events hosted by RIF and their literacy partners throughout the United States, which help promote literacy and inform others about RIF's mission. 1276358 19254 10375117 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 37 1 1 1 0 0 0 0 1 1 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR AZ AR CA CT FL GA HI IL IN KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK PA RI SC TN UT VA WA WV WI X X Romeo Ferrufino 2025363400 1730 Rhode Island Avenue NW 11th Washington DC 20036 John F Remondi 1.50 X X 0 0 0 Robert S Diamond 1.50 X X 0 0 0 William ME Rachal Jr 1.50 X X 0 0 0 Loretta Barrett 1.50 X X 0 0 0 Alexandra Armstrong 1.50 X 0 0 0 Kenneth Bentley 1.50 X 0 0 0 Christopher Cerf 1.50 X 0 0 0 William Hansen 1.50 X 0 0 0 Crystal Echo Hawk 1.50 X 0 0 0 Roberta Horton 1.50 X 0 0 0 JJ Johnson 1.50 X 0 0 0 Kitty Kelley 1.50 X 0 0 0 Marshall J Lux 1.50 X 0 0 0 Dr Claude A Mayberry 1.50 X 0 0 0 Matthew McCorry 1.50 X 0 0 0 Christy Moberly 1.50 X 0 0 0 Michael Monahan 1.50 X 0 0 0 Emily Moore 1.50 X 0 0 0 Margaret McNamara Pastor 1.50 X 0 0 0 Lynda Johnson Robb 1.50 X 0 0 0 Carolyn Simpson 1.50 X 0 0 0 Dr Carol B Sisco 1.50 X 0 0 0 Arthur H White 1.50 X 0 0 0 Rick Zimmerman 1.50 X 0 0 0 Carol Hampton Rasco 40.00 X 214805 0 18891 Ernestine Benedict 40.00 X 131270 0 7292 346075 0 26183 2 0 1 0 Mother Industries LLC 595 11th Avenue New York NY 10036 Professional consulting 590560 Development Resources Inc 1601 N Kent Street Suite 1200 Arlington VA 22209 Professional fundraising 468400 Panurgy NY Metro 3 Wing Drive Suite 225 Cedar Knolls NJ 07927 Communication services 188860 BDO 7101 Wisconsin Avenue Suite 800 Bethesda MD 208144827 Professional consulting 165000 Smarter Learning Group Inc 4011 Yoke Drive Hampstead MD 21074 Professional consulting 144426 8 570400 3258861 6594623 10778 10423884 Training programs 900099 19254 19254 19254 86551 86551 1200 1200 797192 767832 29360 29360 29360 6607641 6508112 99529 99529 99529 59500 570400 215138 -155638 -155638 Promotional revenue 900099 110000 110000 On-line store 454110 500 500 110500 10614640 19254 110500 61002 717660 717660 243591 97436 121796 24359 1745503 1059972 418055 267476 77404 46874 18369 12161 130790 72992 37692 20106 143811 83410 38829 21572 18042 18042 269356 269356 552400 552400 12968 12968 981202 722930 136456 121816 266174 148892 17098 100184 62222 36078 16712 9432 606443 351253 163505 91685 185009 157121 4451 23437 237671 137401 64096 36174 29710 29710 Books-local RIF prgms 6269715 6258722 1764 9229 Literacy research/eval. 300125 300125 Printing & reproduction 255074 184218 784 70072 Bad debt expense 37496 37496 2440 33 965 1442 13144806 10375117 1408144 1361545 226790 150500 13831413 5439205 626203 1143319 15021 167590 146611 2625937 2136859 662913 489078 6423000 52965 39985 15567874 13846719 546954 1091293 479670 414801 1026624 1506094 X 5174082 5450606 8775558 6298409 591610 591610 14541250 12340625 15567874 13846719 -2530166 329541 0 X 0 1 X 1 1 1 X 33956840 30961457 35834041 22222310 10423884 133398532 33956840 30961457 35834041 22222310 10423884 133398532 21057816 112340716 186723 214874 287567 449407 884943 2023514 622 8554 15067 4355 5195 33793 122 48434 26 3948 52530 135508369 278795 0.82900 0.86420 X Schedule A, Part II, Line 10, Explanation of Other Income: Other income - 2008 Amount: $ 122. 2009 Amount: $ 48,434. 2010 Amount: $ 26. 2011 Amount: $ 3,948. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 678170 62481 79510 661141 762296 -50000 178 34304 678170 569908 144193 55199 7004 762296 507624 20000 57240 14956 569908 532440 -14335 10481 507624 0.00000 0.10520 0.89480 0 0 189793 176268 13525 2436144 1960591 475553 489078 Deferred rent and lease incentives 354144 Deposit 60657 414801 X 25413859 329541 14283900 215138 14828579 10585280 29360 29360 10614640 27614484 14283900 215138 14499038 13115446 29360 29360 13144806 Description of Intended Use of Endowment Funds: Part V, Line 4: Earnings from the endowment funds are recorded and made available for operations through an annual allocation of up to 5% of the fund. The allocation is based on a three-year rolling average of the investment's market value, determined as of March 31 of the year prior to the budget year. Each year, as part of RIF's budgeting process, RIF reviews the appropriate level of payout for the following fiscal year. Fund disbursements are paid at the end of each quarter in the fiscal year. Each fund's operating income is utilized as set forth in the specific applicable endowment agreement. The general endowment fund's income is utilized for general operations. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: RIF performed an evaluation of uncertain tax positions for the years ended September 30, 2013 and 2012, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. Part XI, Line 2d - Other Adjustments: Special event expenses 215,138. Part XI, Line 4b - Other Adjustments: Sublease income 29,360. Part XII, Line 2d - Other Adjustments: Special event expenses 215,138. Part XII, Line 4b - Other Adjustments: Sublease income 29,360. X X X X X X X 1 Development Resources Inc 1601 North Kent Street Suite 1200 Arlington VA 22209 Development strategic plan, and special events 0 629900 468400 161500 Lautman Maska Neil & Company 1730 Rhode Island Avenue NW Suite Washington DC 20036 Direct Mail 0 432000 84000 348000 1061900 552400 509500 AL AK AZ AR CA CO CT DC FL GA IL IN KS KY ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI Fundraising Gala/Auction 629900 570400 59500 790 83016 6820 124512 629900 570400 59500 790 83016 6820 124512 215138 -155638 Schedule G, Part I, Line 2: During the year ended September 30, 2013, RIF paid Development Resources, Inc., a professional fundraising company, $418,400 to provide and develop a strategic plan and provide oversight of staff. 1 RIF of Southern California Inc 7250 Bandini Boulevard Los Angeles CA 90040 237425712 501(c)(3) 139457 FMV Books To foster literacy Miami-Dade Family Learning Partnership Inc 10800 Biscayne Boulevard Suite 500 Miami FL 33160 141916606 501(c)(3) 63641 FMV Books To foster literacy Brooklyn Public Library 10 Grand Army Plaza Brooklyn NY 11238 111904261 501(c)(3) 50507 FMV Books To foster literacy Dallas ISD 2909 N Buckner Boulevard Dallas TX 752284861 756001278 501(c)(3) 43941 FMV Books To foster literacy Page Ahead 1130 NW 85th Street Seattle WA 98117 911600084 501(c)(3) 30165 FMV Books To foster literacy RIF of Northern Virginia 1834 Satinwood Court Vienna VA 22182 510155758 501(c)(3) 25003 FMV Books To foster literacy RIF in Chicago 2211 West Street River Grove IL 60171 237248445 501(c)(3) 21973 FMV Books To foster literacy Fresno County Office of Education (Migrant) 1684 W Shaw Avenue Fresno CA 93711 946002210 501(c)(3) 21324 FMV Books To foster literacy CIS of Atlanta 600 West Peachtree Street Atlanta GA 30308 581152807 501(c)(3) 20478 FMV Books To foster literacy RIF Pittsburgh 10 Childrens Way Pittsburgh PA 15212 251558336 501(c)(3) 20421 FMV Books To foster literacy The Irvington Board of Education 1 University Place Irvington NJ 071112627 226000691 19164 FMV Books To foster literacy Read Aloud America Inc 1314 South King Street Honolulu HI 96814 990323798 501(c)(3) 18576 FMV Books To foster literacy Reach Out and Read IncdbaROR Greater Baltimore 1001 East Fayette Street Baltimore MD 21202 043481253 501(c)(3) 18265 FMV Books To foster literacy BookSpring PO Box 143147 Austin TX 78714 742542664 501(c)(3) 17954 FMV Books To foster literacy Pajaro Valley RIF 3050 Marlo Court 7 Aptos CA 95003 237066840 501(c)(3) 14747 FMV Books To foster literacy Miami Valley Child Development Center Inc 215 Horace Street Dayton OH 45402 310713127 501(c)(3) 14686 FMV Books To foster literacy Willamette Education Service District (Migrant) 2611 Pringle Road SE Salem OR 97301 931318631 13191 FMV Books To foster literacy Lansing School District 1705 Opaline Drive Lansing MI 48917 386001599 12702 FMV Books To foster literacy Clark County Reads 3360 W Sahara Avenue Las Vegas NV 89102 880275767 501(c)(3) 12463 FMV Books To foster literacy Southwest Human Development (BFOs) 2850 N 24th Street Phoenix AZ 85008 860407179 501(c)(3) 11306 FMV Books To foster literacy Education Clinic Inc 219 West 132nd Street New York NY 10027 133415339 501(c)(3) 10443 FMV Books To foster literacy RIF of St Louis Inc 6300 Northwood 2E St Louis MO 63105 510159152 501(c)(3) 10036 FMV Books To foster literacy Delta Lambda Chapter of Delta Kappa Gamma 150 Shady Lane Monterey CA 93940 946130720 501(c)(3) 9376 FMV Books To foster literacy Oakland USD 314 E 10th Street Room 215 Oakland CA 94606 946000385 501(c)(3) 9146 FMV Books To foster literacy San Mateo County Library 125 Lessinga Court San Mateo CA 944024065 943191775 501(c)(3) 9119 FMV Books To foster literacy Jonathan Jennings School 6150 Gateway Drive Indianapolis IN 462542812 432097516 501(c)(3) 9090 FMV Books To foster literacy Denver Public Schools School District #1 Denver Public Schools ERS Denver CO 80204 846001099 8999 FMV Books To foster literacy Manor ISD 8500 Decker Lane Austin TX 78724 746003097 501(c)(3) 8257 FMV Books To foster literacy San Antonio ISD 1811 S Laredo San Antonio TX 78207 746002167 501(c)(3) 8208 FMV Books To foster literacy District 279 Foundation 11200 93rd Avenue N Maple Grove MN 55369 411705060 501(c)(3) 8121 FMV Books To foster literacy Durham County Library 300 N Roxboro Street Durham NC 27701 566000297 501(c)(3) 7891 FMV Books To foster literacy NorthropGarfield PTO 950 E Reagan Parkway Medina OH 442561108 270264807 501(c)(3) 6495 FMV Books To foster literacy First AME Child Development Center 1912 East Madison Street Seattle WA 98122 911127055 501(c)(3) 6069 FMV Books To foster literacy Book'em RIF Nashville 161 Rains Avenue Nashville TN 372035330 582000621 501(c)(3) 5765 FMV Books To foster literacy Drop In Learning Resource Center 45 Broad Street New London CT 063205901 060869262 501(c)(3) 5534 FMV Books To foster literacy Communities In Schools of Greater New Orleans Inc PO Box 792800 New Orleans LA 70179 721317054 501(c)(3) 5147 FMV Books To foster literacy 36 0 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: As RIF's grants are goods rather than monetary awards, we do not have a requirement to monitor the use of funds. Instead, RIF purchases books that are in compliance with the federal requirements and distributes them to the organizations listed in Part III of Schedule I. X X X X 0 0 0 0 0 0 0 0 0 Carol Hampton Rasco 214805 0 0 0 0 0 11000 0 7891 0 233696 0 0 0 New Program Services Form 990, Part III, line 2 During the year ended September 30, 2013, RIF initiated a new literacy program activity as described in Part III, line 4b. Form 990, Part VI, Section B, line 11 RIF's Finance/Audit Committee of the Board of Directors reviews the federal Form 990. It is then distributed to the entire Board of Directors before it is filed with the Internal Revenue Service (IRS). Form 990, Part VI, Section B, line 12c RIF's Conflict of Interest policy ("Policy") applies to Board members, Officers and RIF senior managers (collectively "RIF Insiders"). The Policy requires that a RIF Insider disclose any potential conflict to the Board of Directors or a designated Committee of the Board. Violations of the Policy will result in appropriate disciplinary and corrective action, up to and including dismissal. RIF Insiders are required on an annual basis to sign a statement affirming that he or she: - Has received a copy of the Policy, - Has read and understands the Policy, - Has agreed to comply with, and has complied with the Policy, - Understands that RIF is a charitable and educational organization and that, in order to maintain its federal tax exemption and preserve RIF's valuable reputation, RIF must engage primarily in activities that accomplish its tax exempt purpose. Form 990, Part VI, Section B, line 15 To begin the annual evaluation of the President and CEO, the Chair of the Board first solicits input from all Board members concerning the President's performance. The Executive Committee then considers the input of the responding Board members in its review of the President, and reports back to the Board of Directors its evaluation. The Executive Committee then shares its evaluation with the President. The Executive Committee then consults comparability surveys to determine the President's compensation for the next year. Concerning Vice Presidents and other key employees, the CEO provides to the Board of Directors in the executive session at each Board meeting a current review of each Vice President and key employee. In years when salary increases are contemplated, the CEO also presents to the Board of Directors the compensation of each Vice President and key employee and reports on the increases to be provided to each person. Form 990, Part VI, Section C, line 19 RIF submits its audited financial statements, federal Form 990 and IRS Letter of Determination (of RIF's tax exempt status) to Guidestar for publication on that service. RIF also publishes its federal Form 990 on its own website. To date, RIF has not published its conflict of interest policy for access by the general public. All documents are also available upon request.