Civic Intelligence

Book Trust

990 • Fiscal year 2020 • EIN 20-4124164

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 30, 2020

Organization Profilewww.booktrust.org
789 Sherman Street No 300ADenver, CO 80203

(720) 458-9889

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.16x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

44th percentile

0.10x

Higher debt load relative to revenue than 44% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

71st percentile

19%

Higher net margin than 71% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

88th percentile

$176,881

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

89th percentile

68%

Faster asset growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

58th percentile

4.9%

Faster revenue growth than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$3,031,694

Up $1,222,997 (+68%) from 2019

Net Assets

Up

$2,554,248

Up $853,279 (+50%) from 2019

Liabilities

Up

$477,446

Up $369,718 (+343%) from 2019

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin71st percentile

Revenue

Up

$4,602,454

Up $214,873 (+4.9%) from 2019

Expenses

Down

$3,749,175

Down $628,562 (-14%) from 2019

Net Income

Up

$853,279

Up $843,435 (+8568%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $233,603Liabilities 2011: $249,524Net Assets 2011: -$15,9212011Assets 2012: $1,186,104Liabilities 2012: $1,275,078Net Assets 2012: -$88,9742012Assets 2013: $1,414,794Liabilities 2013: $200,301Net Assets 2013: $1,214,4932013Assets 2014: $1,348,220Liabilities 2014: $20,451Net Assets 2014: $1,327,7692014Assets 2015: $1,490,477Liabilities 2015: $33,989Net Assets 2015: $1,456,4882015Assets 2016: $1,599,094Liabilities 2016: $60,100Net Assets 2016: $1,538,9942016Assets 2017: $1,762,703Liabilities 2017: $36,859Net Assets 2017: $1,725,8442017Assets 2018: $2,086,823Liabilities 2018: $395,698Net Assets 2018: $1,691,1252018Assets 2019: $1,808,697Liabilities 2019: $107,728Net Assets 2019: $1,700,9692019Assets 2020: $3,031,694Liabilities 2020: $477,446Net Assets 2020: $2,554,2482020Assets 2021: $4,038,184Liabilities 2021: $519,718Net Assets 2021: $3,518,4662021Assets 2022: $4,821,313Liabilities 2022: $449,390Net Assets 2022: $4,371,9232022Assets 2023: $4,383,991Liabilities 2023: $884,168Net Assets 2023: $3,499,8232023Assets 2024: $2,079,743Liabilities 2024: $515,846Net Assets 2024: $1,563,8972024Assets 2025: $1,878,064Liabilities 2025: $166,139Net Assets 2025: $1,711,9252025

Highlighted filing

2020

Assets$3,031,694
Liabilities$477,446
Net Assets$2,554,248
Open 2020 Filing

Operations Trend

Revenue Growth58th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,304,6372011Expenses 2012: $1,656,8852012Expenses 2013: $2,014,6422013Revenue 2014: $2,464,005Expenses 2014: $2,341,187Net Income 2014: $122,8182014Revenue 2015: $3,028,886Expenses 2015: $2,883,154Net Income 2015: $145,7322015Revenue 2016: $3,299,258Expenses 2016: $3,215,772Net Income 2016: $83,4862016Revenue 2017: $4,498,231Expenses 2017: $4,309,861Net Income 2017: $188,3702017Revenue 2018: $4,539,930Expenses 2018: $4,574,649Net Income 2018: -$34,7192018Revenue 2019: $4,387,581Expenses 2019: $4,377,737Net Income 2019: $9,8442019Revenue 2020: $4,602,454Expenses 2020: $3,749,175Net Income 2020: $853,2792020Revenue 2021: $3,776,746Expenses 2021: $2,812,528Net Income 2021: $964,2182021Revenue 2022: $4,071,921Expenses 2022: $3,218,464Net Income 2022: $853,4572022Revenue 2023: $3,572,630Expenses 2023: $4,444,730Net Income 2023: -$872,1002023Revenue 2024: $3,484,010Expenses 2024: $5,419,936Net Income 2024: -$1,935,9262024Revenue 2025: $5,415,550Expenses 2025: $5,267,522Net Income 2025: $148,0282025

Highlighted filing

2020

Revenue$4,602,454
Expenses$3,749,175
Net Income$853,279
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 30, 2020
Return Version
2019v5.1
Gross Receipts
$4,682,398
Mission and Program Overview

Mission

Engaging every child in book choice and ownership, cultivating literacy-rich communities. Book Trust's vision is that every child discovers the joy and power of reading to create limitless possibilities.The core values of the organization include: 1. Literacy is a human right. 2. Book choice and ownership creates motivated readers. 3. Reading has the power to transform lives and communities, breaking the cycle of poverty. 4. Our donors, schools, teachers and Scholastic are key to our success. Book Trust was founded in 2001 by Adrienne Schatz and the Schatz Family in Ft. Collins, CO. Since the organization's founding, Book Trust has grown from serving 170 students in Colorado to serving 57,557 elementary students across 21 states during the 2019-2020 academic year. This school year, Book Trust partnered with 202 Book Trust managers and 2,743 teachers in 202 schools, to engage students in book choice, ownership, and celebration of nearly 756,500 new Scholastic books.

Engaging every child in book choice and ownership, cultivating literacy-rich communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,126,006$2,696,742▲ $1,570,736
Savings and Temporary Cash Investments$500,195$165,643▼ $334,552
Pledges and Grants Receivable$31,119$142,289▲ $111,170
Accounts Receivable$106,202--
Land, Buildings, and Equipment, Net$15,167$15,712▲ $545
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,808,697$3,031,694▲ $1,222,997
Other Assets Total$30,008$11,308▼ $18,700
Liabilities
Accounts Payable and Accrued Expenses$51,221$317,593▲ $266,372
Other Liabilities$13,827$147,353▲ $133,526
Deferred Revenue$42,680$12,500▼ $30,180
Total Liabilities$107,728$477,446▲ $369,718
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,597,147$2,061,416▲ $464,269
Net Assets With Donor Restrictions$103,822$492,832▲ $389,010
Total Net Assets Fund Balance$1,700,969$2,554,248▲ $853,279
Total Liabilities and Net Assets / Fund Balance$1,808,697$3,031,694▲ $1,222,997

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,712$17,608$33,320
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tiffany KuehnerPresident & CEO thru Jan 2020FT$160,114$16,767$176,881
Colleen O'KeefePresident & CEO starting Feb 2020FT$120,557$7,297$127,854

Board Members and Trustees

NameTitle
Amy KolczakChair
Jim HackstaffVice Chair
David PerezDirector
Dharmendra SahayDirector
Jim CurryDirector
Karen MackDirector
Karen PadgettDirector
Swati GokhaleDirector
Adrienne SchatzFounder/Director
Cheryl ZimlichSecretary
David DiehlTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,898,804
Program Service Revenue
$692,980
Investment Income
$10,670
Other Revenue
$0
All Other Contributions
$3,702,139
Change in Net Assets
$853,279

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Books and Publications$64,170price to purchase
Total Noncash Contributions$64,170-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,602,454
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$412,961
Total Revenue per Audited Statements
$5,015,415
Total Revenue per Form 990
$4,602,454
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,926,033
Salaries, Compensation, and Employee Benefits$823,142
Total Fundraising Expense$414,494
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$331,843$8,525$116,987$457,355
Current Officers, Directors, Trustees, and Key Employees$157,784$13,149$92,041$262,974
Fees for Services Other$70,751$15,072$95,537$181,360
Occupancy$77,219$-1,421$13,626$89,424
Office Expenses$39,517$11,927$24,935$76,379
Travel$31,701$15$27,965$59,681
Payroll Taxes$37,395$1,460$16,943$55,798
Information Technology$39,353$1,074$10,266$50,693
Other Employee Benefits$34,174$861$11,980$47,015
Insurance$11,313$241$963$12,517
Depreciation Depletion-$5,411-$5,411
Other Expenses$64,170$23,400$3,251$3,251
Advertising$1,976--$1,976
Total Functional Expenses$3,254,967$79,714$414,494$3,749,175

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,162,136
Expenses per Audited Statements$3,749,175
Total Expenses per Form 990$3,749,175
Expenses Not Reported on Form 990$412,961
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$75,520
Fundraising Gross Income$75,520
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Extravaganza$103,555$45,460$18,494$26,966
Books on Tap$168,630$30,060$11,104$18,956
Total Events$272,185$75,520$75,520$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable advance$138,625
Deferred Rent$8,728
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“A copy of the form 990 is reviewed by the Treasurer and the President & CEO. Each Board member then receives an electronic copy of the final draft to review. Any corrections or changes are made, and the 990 is finalized and submitted with Board review and approval.”

Form 990, Part VI, Section B, line 12C

“Each fall, all board policies are reviewed with Board members. At that time, the conflict of interest forms are reviewed and Board members are asked to disclose any conflicts and complete the conflict of interest affirmation certificate. Each year, Board members review and reaffirm.”

Form 990, Part VI, Section B, line 15

“There is an annual comparison of the Book Trust's President & CEO's compensation against comparability data for organizations of similar size and mission. The executive committee meets to review the performance of the President & CEO and to approve the compensation amount. A similar process is in place for all other employees of the organization.”

Form 990, Part VI, Section C, line 19

“Governing documents are available upon written request. The organization's audited financial statements and Form 990 are posted on the Book Trust website.”

Filing and Contact Details

Filer

Filer Name
Book Trust
EIN
20-4124164
Phone
7204589889
Address
789 Sherman Street No 300A, Denver, CO 80203

Signing Officer

Name
Colleen O'Keefe
Title
President and CEO
Phone
7204589889
Signed
2020-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Colleen O'Keefe
Formed
2006
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
9
Employees
20
Volunteers
3,000

Preparer

Firm
Kundinger Corder & Engle PC
Address
475 Lincoln Street Suite 200, Denver, CO 80203
Preparer
Maria Montoya
Phone
3035345953
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“There has been no change in the oversight process since the prior year.”

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

“Discounts on books 412,961.”

Part XII, Line 2D - Other Adjustments:

“Discounts on books 412,961.”

Raw XML AppendixShowing 400 of 596 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt051221
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0317593
IRS990/AccountsReceivableGrp/BOYAmt0106202
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Engaging every child in book choice and ownership, cultivating literacy-rich communities.
IRS990/AdvertisingGrp/ProgramServicesAmt01976
IRS990/AdvertisingGrp/TotalAmt01976
IRS990/AllOtherContributionsAmt03702139
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Kaitlin Heinz
IRS990/BooksInCareOfDetail/PhoneNum07204596492
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0789 Sherman Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Denver
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080203
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01126006
IRS990/CashNonInterestBearingGrp/EOYAmt02696742
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt092041
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt013149
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0157784
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0262974
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0196665
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03898804
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010670
IRS990/CYOtherExpensesAmt02926033
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0692980
IRS990/CYRevenuesLessExpensesAmt0853279
IRS990/CYSalariesCompEmpBnftPaidAmt0823142
IRS990/CYTotalExpensesAmt03749175
IRS990/CYTotalFundraisingExpenseAmt0414494
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04602454
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt042680
IRS990/DeferredRevenueGrp/EOYAmt012500
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt05411
IRS990/DepreciationDepletionGrp/TotalAmt05411
IRS990/Desc0Books - Direct cost of new books that are chosen and owned by Book Trust students throughout the school year. Book Trust is a teacher-led, student-driven national early literacy program which includes a step-by-step supported and evaluated process to ensure students have the opportunity to discover the joy and power of reading. In the 2019-2020 school year, 57,557 Book Trust elementary students in 202 schools across 21 states, selected and received nearly 765,500 new Scholastic books. Book Trust students were able to build their love of reading and their own home libraries.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0103822
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0492832
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt020
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02421941
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/FundraisingAmt095537
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt015072
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt070751
IRS990/FeesForServicesOtherGrp/TotalAmt0181360
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt104.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1260.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1116767
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt127297
IRS990/Form990PartVIISectionAGrp/PersonNm0Amy Kolczak
IRS990/Form990PartVIISectionAGrp/PersonNm1Jim Hackstaff
IRS990/Form990PartVIISectionAGrp/PersonNm2Cheryl Zimlich
IRS990/Form990PartVIISectionAGrp/PersonNm3David Diehl
IRS990/Form990PartVIISectionAGrp/PersonNm4David Perez
IRS990/Form990PartVIISectionAGrp/PersonNm5Jim Curry
IRS990/Form990PartVIISectionAGrp/PersonNm6Dharmendra Sahay
IRS990/Form990PartVIISectionAGrp/PersonNm7Karen Padgett
IRS990/Form990PartVIISectionAGrp/PersonNm8Swati Gokhale
IRS990/Form990PartVIISectionAGrp/PersonNm9Karen Mack
IRS990/Form990PartVIISectionAGrp/PersonNm10Adrienne Schatz
IRS990/Form990PartVIISectionAGrp/PersonNm11Tiffany Kuehner
IRS990/Form990PartVIISectionAGrp/PersonNm12Colleen O'Keefe
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11160114
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12120557
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Founder/Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11President & CEO thru Jan 2020
IRS990/Form990PartVIISectionAGrp/TitleTxt12President & CEO starting Feb 2020
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0196665
IRS990/FundraisingDirectExpensesAmt075520
IRS990/FundraisingGrossIncomeAmt075520
IRS990/GainOrLossGrp/OtherAmt0-4424
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04682398
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt010266
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01074
IRS990/InformationTechnologyGrp/ProgramServicesAmt039353
IRS990/InformationTechnologyGrp/TotalAmt050693
IRS990/InsuranceGrp/FundraisingAmt0963
IRS990/InsuranceGrp/ManagementAndGeneralAmt0241
IRS990/InsuranceGrp/ProgramServicesAmt011313
IRS990/InsuranceGrp/TotalAmt012517
IRS990/InvestmentIncomeGrp/ExclusionAmt015094
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015094
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017608
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015167
IRS990/LandBldgEquipBasisNetGrp/EOYAmt015712
IRS990/LandBldgEquipCostOrOtherBssAmt033320
IRS990/LegalDomicileStateCd0CO
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt04424
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Engaging every child in book choice and ownership, cultivating literacy-rich communities. Book Trust's vision is that every child discovers the joy and power of reading to create limitless possibilities.The core values of the organization include: 1. Literacy is a human right. 2. Book choice and ownership creates motivated readers. 3. Reading has the power to transform lives and communities, breaking the cycle of poverty. 4. Our donors, schools, teachers and Scholastic are key to our success. Book Trust was founded in 2001 by Adrienne Schatz and the Schatz Family in Ft. Collins, CO. Since the organization's founding, Book Trust has grown from serving 170 students in Colorado to serving 57,557 elementary students across 21 states during the 2019-2020 academic year. This school year, Book Trust partnered with 202 Book Trust managers and 2,743 teachers in 202 schools, to engage students in book choice, ownership, and celebration of nearly 756,500 new Scholastic books.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01700969
IRS990/NetAssetsOrFundBalancesEOYAmt02554248
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-4424
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-4424
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01597147
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02061416
IRS990/NoncashContributionsAmt064170
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt013626
IRS990/OccupancyGrp/ManagementAndGeneralAmt0-1421
IRS990/OccupancyGrp/ProgramServicesAmt077219
IRS990/OccupancyGrp/TotalAmt089424
IRS990/OfficeExpensesGrp/FundraisingAmt024935
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011927
IRS990/OfficeExpensesGrp/ProgramServicesAmt039517
IRS990/OfficeExpensesGrp/TotalAmt076379
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt030008
IRS990/OtherAssetsTotalGrp/EOYAmt011308
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt011980
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0861
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt034174
IRS990/OtherEmployeeBenefitsGrp/TotalAmt047015
IRS990/OtherExpensesGrp/Desc0Book Expenses
IRS990/OtherExpensesGrp/Desc1Donated Books
IRS990/OtherExpensesGrp/Desc2Uncollectible accounts
IRS990/OtherExpensesGrp/Desc3Bank Fees
IRS990/OtherExpensesGrp/FundraisingAmt03251
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt023400
IRS990/OtherExpensesGrp/ProgramServicesAmt02357771
IRS990/OtherExpensesGrp/ProgramServicesAmt164170
IRS990/OtherExpensesGrp/TotalAmt02357771
IRS990/OtherExpensesGrp/TotalAmt164170
IRS990/OtherExpensesGrp/TotalAmt223400
IRS990/OtherExpensesGrp/TotalAmt33251
IRS990/OtherLiabilitiesGrp/BOYAmt013827
IRS990/OtherLiabilitiesGrp/EOYAmt0147353
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0116987
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08525
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0331843
IRS990/OtherSalariesAndWagesGrp/TotalAmt0457355
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt016943
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01460
IRS990/PayrollTaxesGrp/ProgramServicesAmt037395
IRS990/PayrollTaxesGrp/TotalAmt055798
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt031119
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0142289
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Colleen O'Keefe
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Book Trust Program
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0692980
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0692980
IRS990/ProgSrvcAccomActy2Grp/Desc0Teacher Training and Resources - Direct cost to develop and provide teacher training, support, and literacy resources to Book Trust managers and teachers throughout the year. Book Trust managers and teachers volunteer their time to implement Book Trust's program every month of the school year. In 2019-2020, 202 Book Trust managers and 2,743 teachers across 21 states received Book Trust's program training, on-going program support, and monthly literacy resources to engage students in book choice, ownership, and celebration. Book Trust managers and teachers receive literacy tools for early reading tactics, family engagement, and the benefits of playing an active role in daily reading in the classroom and at home.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0668176
IRS990/ProgSrvcAccomActy3Grp/Desc0Evaluation - Direct cost to provide monthly program monitoring and evaluation to ensure effective and quality program implementation and impact. Book Trust's qualitative and quantitative evaluation process throughout the year includes; but is not limited to, school site visits, program monitoring tools, annual surveys, focus groups, academic research, and third-party evaluations.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt026300
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Program Operations - Direct cost to provide the essential program administrative and operational support necessary to implement the Book Trust program and to support our partner schools, teachers, and students with high quality and consistency.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0138550
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03586718
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0195
IRS990/PYOtherExpensesAmt03349226
IRS990/PYOtherRevenueAmt030068
IRS990/PYProgramServiceRevenueAmt0770600
IRS990/PYRevenuesLessExpensesAmt09844
IRS990/PYSalariesCompEmpBnftPaidAmt01028511
IRS990/PYTotalExpensesAmt04377737
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04387581
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0853279
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0692980
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0500195
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0165643
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03898804
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03567019
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03863744
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04425720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03211263
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt018966550
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt015094
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0195
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015289
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02093080
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt030068
IRS990ScheduleA/OtherIncome170Grp/TotalAmt030068
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82220
IRS990ScheduleA/PublicSupportPY170Pct00.82860
IRS990ScheduleA/PublicSupportTotal170Amt015802901
IRS990ScheduleA/SubstantialContributorsTotAmt03163649
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03898804
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03567019
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03863744
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04425720
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03211263
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt018966550
IRS990ScheduleA/TotalSupportAmt019219100
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt046686
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt072511
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt087996
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0207193
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt015712
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017608
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt033320
IRS990ScheduleD/ExpensesNotReportedAmt0412961
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03749175
IRS990ScheduleD/OtherExpensesIncludedAmt0412961
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08728
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1138625
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Rent
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Refundable advance
IRS990ScheduleD/OtherRevenueAmt0412961
IRS990ScheduleD/RevenueNotReportedAmt0412961
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04602454
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Discounts on books 412,961.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Discounts on books 412,961.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015712
IRS990ScheduleD/TotalExpensesPerForm990Amt03749175
IRS990ScheduleD/TotalLiabilityAmt0147353
IRS990ScheduleD/TotalRevenuePerForm990Amt04602454
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05015415
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04162136
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesOtherEventsAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,031,694
Liabilities
$477,446
Net assets
$2,554,248
Revenue
$4,602,454
Expenses
$3,749,175
Net income
$853,279
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.17$1.71$5.42$5.27$0.15
2024Detailed filing. Detailed filing data is available for this year.$2.08$0.52$1.56$3.48$5.42$1.94
2023Detailed filing. Detailed filing data is available for this year.$4.38$0.88$3.50$3.57$4.44$0.87
2022Detailed filing. Detailed filing data is available for this year.$4.82$0.45$4.37$4.07$3.22$0.85
2021Detailed filing. Detailed filing data is available for this year.$4.04$0.52$3.52$3.78$2.81$0.96
2020Detailed filing. Detailed filing data is available for this year.$3.03$0.48$2.55$4.60$3.75$0.85
2019Detailed filing. Detailed filing data is available for this year.$1.81$0.11$1.70$4.39$4.38$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.09$0.40$1.69$4.54$4.57$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.76$0.04$1.73$4.50$4.31$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.60$0.06$1.54$3.30$3.22$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.49$0.03$1.46$3.03$2.88$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.35$0.02$1.33$2.46$2.34$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.20$1.21$2.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$1.28$0.09$1.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.25$0.02$1.30