Ferst Readers Inc

Organization Overview

Ferst Readers Inc is located in Madison, GA. The organization was established in 1999. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. As of 12/2021, Ferst Readers Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ferst Readers Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Ferst Readers Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 10.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

STRENGTHENING COMMUNITIES BY PROVIDING QUALITY BOOKS AND LITERACY RESOURCES FOR CHILDREN AND THEIR FAMILIES TO USE AT HOME DURING THE EARLIEST STAGES OF DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHILDREN, BIRTH TO FIVE, WHO PARTICIPATE IN THE FERST READERS PROGRAM RECEIVE A FREE, AGE-APPROPRIATE BOOK EVERY MONTH IN THE MAIL ALONG WITH LITERACY SUPPORT RESOURCES FOR PARENTS THAT HELP CREATE A LANGUAGE-RICH ENVIRONMENT IN THE HOME. THE FERST READERS PROGRAM INCREASES CHILDREN'S ACCESS TO PRINT AND EARLY LANGUAGE EXPERIENCES SO THAT THEY HAVE THE BEST CHANCE OF ENTERING SCHOOL WITH THE SKILLS NECESSARY TO SUCCEED. COMMUNITY ACTION TEAMS, COMPRISED OF DEDICATED VOLUNTEERS, IMPLEMENT THE PROGRAM AT THE LOCAL LEVEL BY RAISING FUNDS, REGISTERING CHILDREN AND PARTNERING WITH OTHER ORGANIZATIONS TO RAISE AWARENESS AROUND THE EARLY LITERACY ISSUE. PARTNER ACTION TEAMS ARE DIRECT FUNDERS WHO CHOOSE TO SUPPORT A SPECIFIC GROUP OF CHILDREN FOR PROGRAM ENROLLMENT. THE FERST READERS PROGRAM SERVED 56,935 CHILDREN DURING 2021 AND TO DATE HAS MAILED MORE THAN 7 MILLION BOOKS.


FERST READERS ADMINISTERS THE GEORGIA RURAL LIBRARIES INITIATIVE WHICH PROVIDES MULTI-YEAR GRANTS TO TWO COUNTY LIBRARIES IN RURAL COMMUNITIES IN GEORGIA. THESE GRANTS SERVE TO ENHANCE THE AVAILABILITY OF EARLY CHILDHOOD LEARNING RESOURCES IN RURAL COMMUNITIES PRIMARILY THROUGH EXISTING PUBLIC LIBRARIES. FERST READERS SERVES AS FISCAL AGENT FOR GRANTS PROVIDED THROUGH THE GREATER ATLANTA COMMUNITY FOUNDATION FROM AN ANONYMOUS DONOR.


FERST READERS SERVES AS THE FISCAL AGENT FOR TOOMBS COUNTY FAMILY CONNECTION/GET TOOMBS COUNTY READING CAMPAIGN, A LOCAL COLLABORATION THAT SUPPORTS THE STATEWIDE "GET GEORGIA READING" CAMPAIGN, THROUGH GRANTS FROM THE LITERACY FOR ALL FUND. THE GTCRC PROVIDES A VARIETY OF LITERACY-RELATED SERVICES TO CHILDREN AND ADULTS IN TOOMBS COUNTY INCLUDING THE FERST READERS PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Davida Morgan-Washington
President / CEO
$103,238
Warren Steele
Treasurer
$0
Errika Moore
Chair
$0
Lauri Strauss
Secretary
$0
Chris Barge
Member At Large
$0
Dr Paul Alberto
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$341,155
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,835,594
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,176,749
Total Program Service Revenue$0
Investment income $49,283
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $42,252
Net Income from Fundraising Events $100,254
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,368,538

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Ferst Readers Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Coastal Emc Foundation Inc

Midway, GA

PURPOSE: COMMUNITY ASSISTANCE

$9,000
Shelby And Wanda Amos Foundationinc

Columbus, GA

PURPOSE: PUBLIC CHARITY

$1,000
View Grant Recipient Profile

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