For Immediate Release
Spread the Word Nevada Earns a 4-Star Rating from
Las Vegas – Henderson, NV (April 8, 2014) – Charity Navigator, America’s largest and most-utilized independent evaluator of charities, has awarded Spread the Word Nevada (STWN), the prestigious 4-star rating for good governance, sound fiscal management and commitment to accountability and transparency. STWN is one of only nine nonprofits in Southern Nevada to achieve a 4-star rating.
“We are honored to receive Charity Navigator’s highest rating,” said Lisa Habighorst, STWN Executive Director. “This distinction reflects our accountability to all our constituencies and commitment to remain true to our mission of children’s literacy.”
Charity Navigator works to help charitable givers make intelligent giving decisions by providing information on more than five thousand charities nationwide and by evaluating their financial health. It calculates each charity’s score based upon several broad criteria, including how much is spent per dollar raised, what percentage of funds goes to programs vs. administrative and fund-raising expenses, and the organization’s long-term financial health. It then assigns a rating from one to four, with four being the best rating.
Habighorst added, “This high rating coupled with STWN’s growing reputation highlights our focus on good stewardship of charitable contributions and maintaining the public trust.”
About Spread the Word Nevada
Spread the Word Nevada, Inc., is a children’s literacy nonprofit, 501(c) (3) corporation, dedicated to advancing early childhood literacy by placing books into the hands and homes of children within Southern Nevada’s at-risk, low income communities. While developing a love of reading, these libraries promote future academic achievement and self-confidence, which impacts lifelong success. Since 2001, Spread the Word Nevada has distributed more than 2.6 million gently used and new books to approximately 343,000 low-income youth in Southern Nevada. Please visit www.SpreadTheWordNevada.org to learn more about program details or call at (702) 564-7809. Follow us on Facebook and Twitter.