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, Kenya and the United Kingdom.
Our impact in numbers
333,986
Readers served in 2023
22,210,665
Cumulative readers since 2010
2,059,257
Books distributed in 2023
Local and major
languages
General Information
Headquarters: 2030 1st Avenue, Suite 300,
Seattle, WA 98121
EIN (US): 27-2092468
CIO (UK): 1158030
Fiscal ID (Spain): G65520744 (as Fundación Worldreader.org)
Telephone: +1-415-562-4840
Leadership: Rebecca Chandler Leege
NTEE Category: B19 Nonmonetary Support N.E.C.
B Educational Institutions
B01 Alliance/Advocacy Organizations
Year Founded: 2010
2023 Financial Summary
Audited financial information for Worldreader US for the year ending December 31, 2022.
| Financial Health | |
|---|---|
| Program Services | 78.2% |
| Management & General | 11.4% |
| Fundraising | 10.4% |
| Revenue | |
|---|---|
| Total Contributions | $ 4,310,511 |
| Program Income | $ 500,700 |
| In-kind donations | $ 1,113,971 |
| Other income | $ 236,643 |
| Total Revenue | $ 6,161,825 |
| Expenses | |
|---|---|
| Program Services | $ 7,494,183 |
| Management & General | $ 1,096,886 |
| Fundraising | $ 995,531 |
| Total Functional Expenses | $ 9,586,600 |
| Assets & Liabilities | |
|---|---|
| Total Assets | $ 8,930,471 |
| Total Liabilities | $ 2,375,190 |
| Total Net Assets | $ 6,555,281 |
2023
Annual Report
In 2023, you wove reading into the fabric of home. Your dedication has empowered parents and caregivers around the world, turning them into the heroes of their children’s learning journey.
People
Leadership: Rebecca Chandler Leege
Position: CEO
Term: Since Mar 2023
*For a full bio of Rebecca Chandler Leege, 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
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