First Book - Greater Richmond
8814 Providence Knoll Mews
Attn: Karen Ward
North Chesterfield VA 23236
Mission Statement Team First Book - Serving Greater Richmond has a single mission and purpose: To give children from low-income families in Greater Richmond the opportunity to read and own their first new books. A central component of our mission is to improve the quality of pre-school and after-school educational opportunities by partnering with local programs and organizations that serve our target population and have a strong literacy focus. We intentionally work with those programs that follow our proven model of helping children establish libraries in their own homes, by providing an ongoing supply of books that become the personal property of the children participating in these programs.
Web and Social Media
Video
Team First Book – Serving Greater Richmond works to provide new, age-appropriate books to children in need, addressing one of the most important factors affecting literacy - access to books.
Leadership
CEO/Executive Director Kyle Zimmer
Board Chair Karen M Ward
Board Chair Company Affiliation Citizens Bank
Contact Information
Address 8814 Providence Knoll Mews
Attn: Karen Ward
North Chesterfield, VA 23236
Telephone 804 304-7685
Fax 0 000-0000
E-mail greaterrichmond_va@firstbook.org
History and Background
Year of Incorporation 2005
Financial Summary
 
 
Projected Revenue $73,150.00
Projected Expenses $67,600.00
Statements
Mission Team First Book - Serving Greater Richmond has a single mission and purpose: To give children from low-income families in Greater Richmond the opportunity to read and own their first new books. A central component of our mission is to improve the quality of pre-school and after-school educational opportunities by partnering with local programs and organizations that serve our target population and have a strong literacy focus. We intentionally work with those programs that follow our proven model of helping children establish libraries in their own homes, by providing an ongoing supply of books that become the personal property of the children participating in these programs.
Impact
Team First Book - Serving Greater Richmond is part of the larger National First Book network (www.firstbook.org) that was founded in 1992 and has since provided over 90 million new books to children in need nationwide. Within our Greater Richmond community, there are over 30,000 children who live at or below the poverty level. In response to this dire need for access to books and improved literacy rates, we launched First Book - Greater Richmond in November 2005. Since its 2005 founding, First Book - Greater Richmond has provided over $340,000 in books to approximately 22,000 children in need in 68 Title 1 schools, pre-schools, after-school and literacy programs in our community.
 
In 2012, with the assistance of local advisory boards including First Book - Greater Richmond, First Book National will distribute 10 million new books and double the size of its national network of schools and local programs from 25,000 to 50,000. 

 

Needs

In order to continue to meet the growing needs of the children of our community, First Book - Greater Richmond relies on individuals and businesses to support the efforts of our Book Distribution Program in the following ways:

Monetary Support:  For every $2.50 raised, First Book - Greater Richmond is able to donate one book to a child in need in our community.  For every $15 raised, we are able to partner with existing literacy initiatives and education programs to gift 6 books, over a specified period of time, to one child, so they may begin to build a library in their own home.  This increases literacy activities outside of school, which is crucial to building reading skills.

Corporate Sponsorship:  We are always looking for support from businesses in our community in the form of monetary donations, grants and employee volunteers.  By partnering with First Book - Greater Richmond through fundraising and volunteering, businesses are able to foster the spirit of teamwork while helping their community. Sponsorship opportunities include participation in our Annual First Book - Greater Richmond Fall Golf Tournament and our newest fundraiser, Ladies' Night for Literacy, held at the Shops at 5807.

Volunteers:  First Book - Greater Richmond relies on its all-volunteer advisory board to facilitate its Book Distribution Program.  As the demand for our assistance and book grants grows in our community, so does the need to grow our pool of volunteers. Volunteers are needed for recipient reads and mass book distributions.  While participating in recipient reads, our volunteers are able to read to the children in the programs we support and distribute the books to them so they make take them home.  Our mass book distributions occur when our national corporate sponsors donate large amounts of books to our area, through National First Book, and we must sort, label and help distribute them to our partner agencies.

 

Background
First Book - Greater Richmond's Book Distribution Program assists existing literacy initiatives and education programs that strive to adhere to our proven model of providing numerous age-appropriate books to the same children so they may work to establish libraries in their own homes. Our plan to support these programs is two-fold:
 
  1. We award grants to purchase books through the National First Book Marketplace, which deeply discounts books by 50-90 percent, greatly increasing the buying power of our grant recipients.
  2. Our Advisory Board members are active participants in many of the book distributions. Book distributions may occur through such events as a Book and Breakfast Program at Title 1 Schools, reading events sponsored by an Every Child Ready to Read Program at a local public library, or a Kindergarten Readiness event for underserved preschoolers. Advisory Board members attend the book distributions where they often get to read to the children that are gifted the books to take home. This allows the Board to take an active role in and to work directly with the programs we choose to support. This hands-on approach affords us the benefit of seeing how our funds are put to work firsthand and to get direct feedback from educators, parents and teachers about the impact of our work. 
Areas of Service
Areas Served
Area
Richmond, City
Chesterfield County
Goochland County
Hanover County
Henrico County
Petersburg, City
First Book - Greater Richmond serves at-risk children of low-income families in the metropolitan Richmond area, including Chesterfield County, City of Richmond, Goochland County, Hanover County and Henrico County. We primarily serve Pre-K through Elementary School age students, but may also include programs that provide assistance up to middle school. Since its inception in 2005, First Book - Greater Richmond has served 68 Title 1 schools, pre-schools, after-school programs and literacy initiatives in our community. To date, over 136,000 books have been distributed to approximately 22,000 children in the Greater Richmond area.
Board Chair
Board Chair Karen M Ward
Company Affiliation Citizens Bank
Term Jan 2016 to Dec 2017
Email Karen.Ward@citizensbank.com
Board of Directors
Board Members
NameAffiliation
Marie Fleming SunTrust Mortgage
Holly Graves SunTrust
Alisha Gunn SunTrust
Aspasia Klepfer SunTrust Mortgage
Rosalind Moss SunTrust Mortgage
Carolyn Risco SunTrust
Carole Shoemaker SunTrust
Rachel Valentino Travelers Insurance
Karen Ward Citizens Bank
Board Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 9
Hispanic/Latino 0
Native American/American Indian 0
Board Demographics - Gender
Male 0
Female 9
Governance
Board Meeting Attendance % 80
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100
Number of Full Board Meetings Annually 11
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
Comments
Team First Book - Serving Greater Richmond is part of the larger National First Book network (www.firstbook.org). Because we are part of the National First Book network, we not only have access to the First Book Marketplace, our local Advisory Board also has access to training, marketing and countless other resources to better equip us to serve the children of Greater Richmond.  Our local board is entirely made up of volunteers, but follows the leadership of the executives of National First Book.  We report directly to National First Book and work diligently to follow their proven models and guidelines that have been successful since 1992.  
Executive Director
Executive Director Kyle Zimmer
Experience
Throughout her life, Kyle has focused on the intersection of policy, business and social sectors. Early in her career, Kyle practiced law, representing a wide spectrum of corporate and social sector clients. During that time, Kyle began volunteering to mentor a child at a local shelter. It was here that she became aware of the limited resources and almost nonexistent access to books children in local mentoring programs battle.
 
Her firsthand experience working with local heroes committed to improving opportunities for low-income youth inspired Kyle and two colleagues to found First Book in 1992. In 1995, Kyle began serving full-time as president of the organization. Under her leadership, First Book has distributed more than 90 million books to children in thousands of communities in the United States.
 
Kyle’s commitment to innovation and integration across sectors has earned her a reputation as a social sector leader. She currently serves as a member of the Board of Directors for Ashoka, which works to ensure that social entrepreneurs continue to inspire a new generation of local change-makers. She also serves on the Youth Venture Board of Directors and as a member of the board for James Patterson’s ReadKiddoRead.
 
She was named 2007 Outstanding Social Entrepreneur of the Year in the United States by the Geneva-based Schwab Foundation for Social Entrepreneurship. In 2008, Kyle was named the first-ever American Marketing Association Nonprofit Marketer of the Year, and in 2009, Kyle was honored as a Carle Honors Angel Award recipient. She recently served as a member of the World Economic Forum’s Global Agenda Council on Social Entrepreneurship and in 2010, she was a presenter at the World Economic Forum in Davos, Switzerland.
Senior Staff
NameTitle
Chandler Arnold Executive Vice President
Jane Robinson Chief Financial Officer
Staff
Full Time Staff 55
Part Time Staff 0
Volunteers 1070
Plans
Organization has a Strategic Plan?
Nondiscrimination Policy Yes
Directors and Officers Insurance Policy Yes
Programs
Description

Team First Book - Serving Greater Richmond is part of the larger National First Book network (www.firstbook.org) that was founded in 1992 and has since provided over 90 million new books to children in need nationwide.  First Book has established relationships with more than 90 leading publishers and has been able to negotiate the cost of thousands of children and young adult book titles for 50 to 90 percent below retail, resulting in an average cost per book of $2.50. First Book grant recipients are awarded funds to purchase books through the First Book Marketplace (www.fbmarketplace.org), which is an online site that our local grant recipients use to choose from a wide array of high-quality new books for the children they serve. When First Book - Greater Richmond partners with and awards monetary grants to educators and literacy programs in our community, they are able to maximize their literacy efforts by selecting books that align with their curriculums, to make the biggest impact possible.

 
Our Advisory Board members are active participants in many of the book distributions. Book distributions may occur through such events as a Book and Breakfast Program at Title 1 Schools, reading events sponsored by an Every Child Ready to Read Program at a local public library, or a Kindergarten Readiness event for underserved preschoolers. Advisory Board members attend the book distributions where they often get to read to the children that are gifted the books to take home. This allows the Board to take an active role in and to work directly with the programs we choose to support. This hands-on approach affords us the benefit of seeing how our funds are put to work firsthand and to get direct feedback from educators, parents and teachers about the impact of our work. 


Budget $10,000.00
CEO/ED/Board Comments Our Team First Book - Serving Greater Richmond board is built upon a highly sustainable model that spends less than 2% of funds on non-programmatic expenses, management and fundraising. National First Book covers the costs associated with marketing, training and other services that our Greater Richmond board utilizes. We currently have no paid staff and rely on our dedicated group of volunteer Board members to run our local Program. As a result, we are able to give nearly all of our funding back to the community in the form of new books.
Fiscal Year
Projected Revenue $73,150.00
Projected Expenses $67,600.00
Spending Policy N/A
IRS Letter of Exemption
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201420132012
Foundation and
Corporation Contributions
--$6,112$15,263
Government Contributions$0$0$0
Federal------
State------
Local------
Unspecified------
Individual Contributions$15,780,680$6,259$4,264
----$3,180
$4,429,118----
Investment Income, Net of Losses$6,879----
Membership Dues------
Special Events--$39,849$43,036
Revenue In-Kind$74,635,230----
Other($8,801)$287--
Expense Allocation
Fiscal Year201420132012
Program Expense$97,333,539$51,636$33,090
Administration Expense$1,966,019$9,675--
Fundraising Expense$965,921--$9,195
Payments to Affiliates------
Total Revenue/Total Expenses0.950.861.55
Program Expense/Total Expenses97%84%78%
Fundraising Expense/Contributed Revenue6%0%14%
Assets and Liabilities
Fiscal Year201420132012
Total Assets$35,072,324$33,672$42,476
Current Assets$35,011,061$33,672$42,476
Long-Term Liabilities$0----
Current Liabilities$2,373,431----
Total Net Assets$32,698,893$33,672$42,476
Short Term Solvency
Fiscal Year201420132012
Current Ratio: Current Assets/Current Liabilities14.75----
Long Term Solvency
Fiscal Year201420132012
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? No
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit Application Confirmation 2/2016View
Comments
Organization Comments
The 990 Forms submitted are for the National First Book organization, our governing body.  Therefore, it will include data associated with all of the local advisory boards, including Team First Book - Serving Greater Richmond. The unaudited financial statements submitted are reflective of the finances of the local Greater Richmond Advisory Board only.  The audited financial statements are representative of First Book National, our parent organization, which includes combined financials including all local advisory boards.
 
Foundation Comments
  • Financial information provided from year-end treasurer's reports, prepared by the organization.
  • Financial information represent solely the Greater Richmond chapter of First Book.
  • The parent organization files the IRS 990 and prepares its audited financial statements on behalf of all their national affiliates.