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Commonlit Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464255260 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Commonlit Inc?

Commonlit Inc, located in Washington, D.C., is a nonprofit organization dedicated to enhancing literacy development for students in grades 3-12. With a staff of 103 employees, they strive to make top-notch literacy materials readily available to teachers and the public to promote educational growth. Their primary mission revolves around disseminating effective literacy resources for the betterment of education.


Official website here: www.commonlit.org

Is Commonlit Inc legitimate?

Commonlit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonlit Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $951,268
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,776,590

For more financial information, click here


Official website here: www.commonlit.org

What is the mission statement of Commonlit Inc?

Commonlit Inc is dedicated to making top-tier literacy resources available to teachers and the public, contributing to the advancement of education. Their mission is to disseminate high-quality instructional materials, focusing on students in grades 3-12. They strive to support literacy development by providing accessible educational content.


Official website here: www.commonlit.org

Who is the CEO of Commonlit Inc?

Michelle Brown is the Ceo & President of Commonlit Inc. The CEO's salary of Commonlit Inc is $241,782 and their total compensation is $252,891.


Official website here: www.commonlit.org

What is the revenue of Commonlit Inc?

Commonlit Inc's revenue in 2022 was $11,871,054.


Official website here: www.commonlit.org

Who are the executives of Commonlit Inc and what are their salaries?

The average compensation at Commonlit Inc during 2022 was $65,319. There are 103 employees and 8 volunteers at Commonlit Inc.

Here are 17 key members and their salaries (Commonlit Inc's CEO's salary is $241,782 and their total compensation is $252,891):

    Michelle Brown (Ceo & President) [Trustee/Director]
  • Compensation: $241,782
  • Related: $0
  • Other: $11,109

    • Geoffrey Harcourt (Chief Technology Officer)
  • Compensation: $250,000
  • Related: $0
  • Other: $0

    • Sarah Robertson (Chief Product Officer/Secretary)
  • Compensation: $172,763
  • Related: $0
  • Other: $11,045

    • Eliza Aierstuck (Senior Software Engineer - Manager)
  • Compensation: $174,552
  • Related: $0
  • Other: $3,711

    • Robert Fleisher (Chief Of Partnerships)
  • Compensation: $148,543
  • Related: $0
  • Other: $4,173

    • Agnes Malatinszky (Coo/Treasurer (End Oct 22))
  • Compensation: $148,688
  • Related: $0
  • Other: $0

    • Anna Hodges (Chief Academic Officer)
  • Compensation: $144,883
  • Related: $0
  • Other: $0

    • Susanna S Kosonen (Senior Software Engineer)
  • Compensation: $135,666
  • Related: $0
  • Other: $5,940

    • Kara Pacos (Chief Of Staff)
  • Compensation: $124,765
  • Related: $0
  • Other: $11,331

    • Anthony Paul Viviani (Treasurer)
  • Compensation: $87,201
  • Related: $0
  • Other: $3,680

    • John Coyne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Grace Tighe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sonal Tolman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kodjo Wilder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Esther Wojcicki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Zhang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Brown (Treasurer (End June 22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.commonlit.org

    Where can I find the form 990 for Commonlit Inc?

    The Commonlit Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.commonlit.org

    Learn more at the official website: www.commonlit.org

    Mission Statement of Commonlit Inc

    Commonlit Inc, a dedicated organization, strives to make top-tier literacy resources accessible to educators and the public at large. With a commitment to enhancing education, this nonprofit works to distribute first-rate instructional materials that foster literacy development among students in grades three through twelve.

    At the heart of Commonlit Inc's mission lies the goal of making high-quality literacy materials readily available to those who can benefit from them. By doing so, the organization aims to contribute significantly to the educational landscape and support the learning journey of students. The resources provided by Commonlit Inc cater to the needs of students in the crucial middle school years, a period that plays a pivotal role in shaping their academic future.

    Commonlit Inc's unwavering dedication to education is evident in its delivery of instructional materials designed to advance literacy. By offering these resources to teachers and the general public, the organization plays a vital role in creating an environment conducive to learning and growth. In turn, this equips students with the necessary skills and knowledge to excel in their academic pursuits and beyond.

    Impact

    This information is meant to be a general summary of Commonlit Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Commonlit Inc's impact lies in its dedication to making high-quality literacy materials accessible to teachers and the general public for the advancement of education. Through the delivery of instructional materials to support literacy development for students in grades 3-12, Commonlit Inc plays a crucial role in enhancing literacy skills among students and promoting educational growth. By providing these resources, Commonlit Inc contributes significantly to improving the quality of education and fostering a culture of lifelong learning.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $3,015,689
  • Gross Receipts: $11,871,054

    • Assets and Liabilities:
  • Total Assets: $11,445,180
  • Total Liabilities: $3,649,230
  • Net Assets: $7,795,950
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EARNED REVENUE

    Revenue

    $3,015,689

    Organization Details

    Founding Year

    2013

    Principal Officer

    Michelle Brown

    Main Address

    660 PENNSYLVANIA AVE SE 302, WASHINGTON, DC, 20003

    NTEE Category

    Code: B99 - Education

    If you are a representative of Commonlit Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.