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Nonprofit · EIN 58-2489181

FERST READERS INC

Tax-exempt · MADISON, GA 30650

Financials

$2.7M$2.5M2023$2.2M$2.5M2024
Revenue Expenses · by fiscal year end
Financials of FERST READERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,191,141$2,473,378-$282,237$1,930,863$194,184$1,736,679
December 31, 2023990$2,728,942$2,478,137$250,805$2,103,064$146,498$1,956,566
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,048,004
Program service revenue
$0
Investment income
$70,970
Net income from fundraising events
$72,167
Other revenue
$72,167

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$135,016
Other salaries and wages
$309,429
Salaries, compensation and benefits (total)
$487,947
Professional fundraising fees
$0
Accounting fees
$40,920
Occupancy
$3,972
Travel
$547
Depreciation
$1,573
Program services (functional)
$2,243,111
Management and general (functional)
$158,216
Fundraising (functional)
$72,051

Balance sheet and other

Total assets, start of year
$2,103,064
Total assets, end of year
$1,930,863
Total liabilities, end of year
$194,184
Net assets, end of year
$1,736,679
Land, buildings and equipment
$2,079
Net assets without donor restrictions
$94,957
Net assets with donor restrictions
$1,641,722
Gross receipts
$2,210,461
Employees
10
Volunteers
0
Year formed
1999
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DAVIDA MORGAN-WASHINGTONPRESIDENT / CEO
Officer
40$135,015
SUSANNAH BALISHTREASURER
Trustee or director, Officer
2.38$0
MICHELLE VALTEAUSECRETARY
Trustee or director, Officer
2.38$0
CHRIS BARGEBOARD MEMBER
Trustee or director
1.63$0
VICKI CANSLERBOARD MEMBER
Trustee or director
2.38$0
DENISE FINLEYBOARD MEMBER
Trustee or director
1.21$0
MARGARET QUINLINBOARD MEMBER
Trustee or director
1.21$0
WES TURNERBOARD MEMBER
Trustee or director
1.63$0
BRITTANY COLLINSBOARD MEMBER
Trustee or director
1.21$0
CHAUNDRA LUCKETTBOARD CHAIR
Trustee or director
2.38$0
CYNTHIA PRICE CZABALABOARD MEMBER
Trustee or director
1.21$0
DR CHRIS BEARDENBOARD MEMBER
Trustee or director
1.21$0
DR SUSAN MCWHIRTERBOARD MEMBER
Trustee or director
1.21$0
JANY BROWNBOARD MEMBER
Trustee or director
2.38$0
LAURI STRAUSSBOARD MEMBER
Trustee or director
1.63$0
6 more people on this return
NameTitleHours / weekCompensation
GENA ALEXANDER-ALBERTBOARD MEMBER
Trustee or director
1.21$0
CYNTHIA COLESBOARD MEMBER
Trustee or director
1.21$0
CHRIS DUNNBOARD MEMBER
Trustee or director
1.21$0
SUMMER DUPERONBOARD MEMBER
Trustee or director
1.21$0
BEA PERDUEBOARD MEMBER
Trustee or director
1.21$0
ELISABETH WANGBOARD MEMBER
Trustee or director
1.21$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgs
DAVIDA MORGAN-WASHINGTONPRESIDENT / CEO
Officer
40$0$109,273
SUSANNAH BALISHTREASURER
Trustee or director, Officer
8$0$0
MICHELLE VALTEAUSECRETARY
Trustee or director, Officer
6$0$0
CHRIS BARGEBOARD MEMBER
Trustee or director, Officer
4$0$0
VICKI CANSLERBOARD MEMBER
Trustee or director
2$0$0
DENISE FINLEYBOARD MEMBER
Trustee or director
2$0$0
MARGARET QUINLINBOARD MEMBER
Trustee or director
6$0$0
WES TURNERBOARD MEMBER
Trustee or director
4$0$0
RAYNA WOODENBOARD MEMBER
Trustee or director
2$0$0
AMY STOREYBOARD MEMBER
Trustee or director
6$0$0
BRITTANY COLLINSBOARD MEMBER
Trustee or director
4$0$0
CHAUNDRA LUCKETTBOARD CHAIR
Trustee or director
10$0$0
CYNTHIA PRICE CZABALABOARD MEMBER
Trustee or director
4$0$0
DR CHRIS BEARDENBOARD MEMBER
Trustee or director
4$0$0
DR SUSAN MCWHIRTERBOARD MEMBER
Trustee or director
4$0$0
ERIKA HILLBOARD MEMBER
Trustee or director
4$0$0
JANY BROWNBOARD MEMBER
Trustee or director
4$0$0
LAURI STRAUSSVICE CHAIR
Trustee or director
6$0$0

Address and contacts

Address (IRS master file)
PO BOX 1327, MADISON, GA 30650-0904
In care of
% DAVIDA MORGAN WASHINGTON
Principal officer (990 for 2024)
DAVIDA MORGAN WASHINGTON, PO BOX 20196, ATLANTA, GA 30325
Signed the 990
DAVIDA MORGAN WASHINGTON, EXECUTIVE DIRECTOR
Phone
(404) 400-7710
Return prepared by
BATES CARTER & CO LLP

Mission

FERST READERS PROVIDES BOOKS FOR LOCAL COMMUNITIES TO PREPARE PRESCHOOL CHILDREN FOR READING AND LEARNING SUCCESS. PROVIDING LITERACY RESOURCES FOR CHILDREN, BIRTH TO FIVE, AND FAMILIES, FERST READERS STRIVES TO IMPROVE SCHOOL READINESS AND EARLY LEARNING OUTCOMES.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $2,243,111 · revenue $2,046,260
  • 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.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-2489181
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P58)
Assets (IRS master file)
$1,930,863
Income (IRS master file)
$2,210,461

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,191,141$2,473,378$1,930,863IRS
990December 2023$2,728,942$2,478,137$2,103,064XML
990December 2022$1,848,340$2,392,283$1,597,930IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-2489181).

Questions about FERST READERS INC

What is the EIN of FERST READERS INC?
The employer identification number (EIN) of FERST READERS INC is 58-2489181.
Is FERST READERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to FERST READERS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FERST READERS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FERST READERS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FERST READERS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FERST READERS INC?
The 990 for the year ended December 31, 2024 names DAVIDA MORGAN WASHINGTON.
Who are the officers and directors of FERST READERS INC?
The 990 for the year ended December 31, 2024 lists 21 people; 1 received compensation from the organization, the highest $135,015 (DAVIDA MORGAN-WASHINGTON, PRESIDENT / CEO).
How much revenue does FERST READERS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,191,141, expenses of $2,473,378 and total assets of $1,930,863 at year end.

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