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Filing year 2023

READING IS FUNDAMENTAL INC

Washington, District of Columbia·EIN 52-0976257·NTEE B92Z · Education·501(c)(3)
Total revenue
$12.8M
Total assets
$24.4M
Total expenses
$13.5M
Reported officers
19
Mission

READING IS FUNDAMENTAL WORKS TO DISRUPT THE ALARMING U.S. LITERACY CRISIS BY INSPIRING THE JOY OF READING IN CHILDREN, A CRITICAL ELEMENT TO DRIVING THE FREQUENCY, MOTIVATION, AND ENGAGEMENT NEEDED TO CREATE SKILLED READERS. WE KNOW THAT IF WE BUILD A FOUNDATION OF JOY FOR CHILDREN, THEN DEVELOPMENT, DISCOVERY, AND OPPORTUNITY FOLLOW.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in District of Columbia.

President and CEO
75th to 90th percentile
$387k
$424k
Base
$317k
Bonus
$48k
Other
Benefits
$5k
Svp, Marketing & Partnership
Senior Vice President
25th percentile to medianvs Education peers nationwide
$229k
$251k
Base
$199k
Bonus
Other
Benefits
$20k
Sr. Director, Annual Giving
Highest Compensated Employee
Median to 75th percentile
$170k
$187k
Base
$147k
Bonus
Other
Benefits
$16k
Sr. Ios Engineer
Highest Compensated Employee
25th percentile to median
$157k
$172k
Base
$148k
Bonus
Other
Benefits
$2k
Manager, Engineering
Highest Compensated Employee
25th percentile to median
$142k
$156k
Vp, Marketing & Partnership
Board Vice President
10th to 25th percentile
$141k
$154k
Chief Financial Officer - 11/23
10th to 25th percentile
$32k
$35k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at READING IS FUNDAMENTAL INC equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
3%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 5%
from 2022

From $367k in 2022 to $387k in 2023.

$367k
2022
$387k
2023
In today's dollarsEst.
Up 2% in real terms$415k to $424k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue rose 14%.

$367k in 2022 to $387k in 2023.
  • Senior Vice President pay rose 4% from 2022 to 2023.
  • Highest Compensated Employee pay rose 16% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about READING IS FUNDAMENTAL INC

What does the Chief Executive Officer of READING IS FUNDAMENTAL INC earn?

In 2023, the Chief Executive Officer of READING IS FUNDAMENTAL INC received $386,669 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in District of Columbia, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at READING IS FUNDAMENTAL INC compare with similar nonprofits?

Compared with the same role at Education organizations in District of Columbia, the 2023 pay of the Chief Executive Officer at READING IS FUNDAMENTAL INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at READING IS FUNDAMENTAL INC equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are READING IS FUNDAMENTAL INC's revenue and expenses?

In 2023, READING IS FUNDAMENTAL INC reported $12.8M in total revenue and $13.5M in total expenses on its IRS Form 990.

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