Ethiopia Reads

Tax-deductible

Minneapolis, MN501(c)(3)Since 1999EducationEIN 94-3283038

This page gets seen. Tell your story. Claim this org.

Ethiopia Reads mission is to build a reading culture in Ethiopia by connecting children with books, libraries, and trained librarians.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 25 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $42K a year · 15% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$27K
to officers and key staff · 16% of spending
Top officer’s pay lower than 80% of similar orgs
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
21 mo
of spending, in cash
Looks good: 21.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $34K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$16K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$168K
-49% vs prior year
Spent
$166K
To programs
92%
Net assets
$285K
By yearFY2020–FY2024
Revenue
$168K
FY2024▼ -49%
Revenue by fiscal year
FY2020$250K
FY2021$236K
FY2022$312K
FY2023$256K
FY2024$327K
FY2024$168K
Expenses
$166K
FY2024▼ -57%
Expenses by fiscal year
FY2020$172K
FY2021$195K
FY2022$207K
FY2023$209K
FY2024$389K
FY2024$166K
Net assets
$285K
FY2024▲ +0.7%
Net assets by fiscal year
FY2020$151K
FY2021$192K
FY2022$298K
FY2023$346K
FY2024$283K
FY2024$285K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $153K Management & general 6% · $11K Fundraising 2% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

11 people listed on the 990; $27K paid to officers and key staff.

Part VII, Section A · reportable compensation
Operations Manager
$27,130Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Scott Wolf’s $27K as Operations Manager is at the 20th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024
Scott Wolf$27,130$26,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Ethiopia Reads executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects Ethiopian children with books, libraries, and librarians to build a reading culture.

Provided by the organization

This section is blank until Ethiopia Reads claims this page.

Know this organization? Claim it to add your story

1 program service account for $153K of program spending, described in the organization's own filed words · FY2024.
01

See schedule O.ALONGSIDE its established community-based reading hubs, including the gebeta children's community library in addis ababa, the hawassa reading center, and its donkey- and horse-powered mobile literacy programs, ethiopia reads continued to expand access to books, reading support, and child-friendly learning opportunities for…

$153Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$168K
Ln 12
Gifts and grantsLn 1h$162K
Investment incomeLn 3$5K
Fees for servicesLn 2g$858
Money outPt IX
$166K
Ln 25
Programscol B$153K
Managementcol C$11K
Fundraisingcol D$3K
Owns and owesPt X
$285K
net assets · Ln 32
Cash and savingsLn 1–2$296K
Total assetsLn 16$301K
LiabilitiesLn 26$16K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$162K
Fees for servicesLn 2g$858
Investment incomeLn 3$5K
Total revenueLn 12$168K
Assets in detailPt X, end of year
CashLn 1$55K
SavingsLn 2$241K
Cash and savings togetherLn 1–2$296K
Total assetsLn 16$301K
LiabilitiesLn 26$16K
Net assetsLn 32$285K
OperationsPt I, VI
EmployeesI 51
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$294K$296K
Total assetsLn 16$299K$301K
LiabilitiesLn 26$16K$16K
Net assetsLn 32$283K$285K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$97K$97K
Other salaries and wagesLn 7$23K$19K$3K$1K
Payroll taxesLn 10$7K$6K$1K$349
Accounting feesLn 11c$810$810
Other fees for servicesLn 11g$3K$2K$428
Advertising and promotionLn 12$6K$5K$860$287
Office expensesLn 13$2K$1K$240$80
Information technologyLn 14$8K$7K$1K$424
OccupancyLn 16$6K$5K$952$317
TravelLn 17$313$313
InterestLn 20$13$13
InsuranceLn 23$2K$1K$231$77
Other expenses (24a–d)Ln 24$11K$10K$1K
Total functional expensesLn 25$166K$153K$11K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $327K$389K−$62K$283K 990 PDF
FY2023 $256K$209K$48K$346K 990 PDF
FY2022 $312K$207K$105K$298K 990 PDF
FY2021 $236K$195K$41K$192K 990 PDF
FY2020 $250K$172K$78K$151K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $167,980 across 5 lines filed
VIII-1f All other contributions, gifts and grants$162,350
VIII-1h Total contributions, gifts and grants$162,350
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $858$858
VIII-3 Investment incomeExcluded from tax $4,772$4,772
VIII-12 Total revenueRelated to mission $858 · Unrelated business $0 · Excluded from tax $4,772$167,980
Part IX · Statement of functional expenses $165,991 across 13 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $97,073$97,073
IX-7 Other salaries and wagesPrograms $18,612 · Management $3,490 · Fundraising $1,163$23,265
IX-10 Payroll taxesPrograms $5,587 · Management $1,048 · Fundraising $349$6,984
IX-11c Accounting feesManagement $810$810
IX-11g Other fees for servicesPrograms $2,200 · Management $428$2,628
IX-12 Advertising and promotionPrograms $4,589 · Management $860 · Fundraising $287$5,736
IX-13 Office expensesPrograms $1,280 · Management $240 · Fundraising $80$1,600
IX-14 Information technologyPrograms $6,779 · Management $1,271 · Fundraising $424$8,474
IX-16 OccupancyPrograms $5,078 · Management $952 · Fundraising $317$6,347
IX-17 TravelPrograms $313$313
IX-20 InterestManagement $13$13
IX-23 InsurancePrograms $1,231 · Management $231 · Fundraising $77$1,539
IX-24 Other expenses (24a–d)Programs $9,840 · Management $1,369$11,209
IX-25 Total functional expensesPrograms $152,582 · Management $10,712 · Fundraising $2,697$165,991
Part X · Balance sheet $300,851 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $80,624$54,510
X-2 Savings and temporary cash investmentsStart of year $213,245$241,383
X-4 Accounts receivableStart of year $4,958$4,958
X-16 Total assetsStart of year $298,827$300,851
X-17 Accounts payable and accrued expensesStart of year $518$553
X-24 Unsecured notes and loans payableStart of year $15,000$15,000
X-26 Total liabilitiesStart of year $15,518$15,553
X-27 Net assets without donor restrictionsStart of year $283,309$285,298
X-32 Total net assets or fund balancesStart of year $283,309$285,298
X-33 Total liabilities and net assetsStart of year $298,827$300,851
Part XI · Reconciliation of net assets $285,298 net assets at year end
XI-1 Total revenue$167,980
XI-2 Total expenses$165,991
XI-3 Revenue less expenses$1,989
XI-4 Net assets at start of year$283,309
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$285,298

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.