Civic Intelligence

Books for Keeps Inc

990 • Fiscal year 2020 • EIN 27-4714080

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 08, 2020

PO Box 49761Athens, GA 30606

(706) 410-1912

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.06x

Higher debt load relative to assets than 52% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

47th percentile

0.05x

Higher debt load relative to revenue than 47% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

58th percentile

11%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$53,550

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

71st percentile

23%

Faster asset growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

55th percentile

1.6%

Faster revenue growth than 55% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$539,440

Up $101,873 (+23%) from 2019

Net Assets

Up

$509,140

Up $71,573 (+16%) from 2019

Liabilities

Up

$30,300

Up $30,300 from 2019

Revenue

Up

$655,351

Up $10,632 (+1.6%) from 2019

Expenses

Up

$585,049

Up $31,389 (+5.7%) from 2019

Net Income

Down

$70,302

Down $20,757 (-23%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2012: $103,850Liabilities 2012: $5,013Net Assets 2012: $98,8372012Assets 2016: $300,195Liabilities 2016: $0Net Assets 2016: $300,1952016Assets 2017: $271,968Liabilities 2017: $0Net Assets 2017: $271,9682017Assets 2019: $437,567Liabilities 2019: $0Net Assets 2019: $437,5672019Assets 2020: $539,440Liabilities 2020: $30,300Net Assets 2020: $509,1402020Assets 2021: $600,110Liabilities 2021: $30,549Net Assets 2021: $569,5612021Assets 2024: $358,582Liabilities 2024: $883Net Assets 2024: $357,6992024Assets 2025: $261,410Liabilities 2025: $52,194Net Assets 2025: $209,2162025

Highlighted filing

2020

Assets$539,440
Liabilities$30,300
Net Assets$509,140

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $146,226Expenses 2012: $92,424Net Income 2012: $53,8022012Revenue 2016: $401,411Expenses 2016: $216,259Net Income 2016: $185,1522016Revenue 2017: $435,201Expenses 2017: $463,428Net Income 2017: -$28,2272017Revenue 2019: $644,719Expenses 2019: $553,660Net Income 2019: $91,0592019Revenue 2020: $655,351Expenses 2020: $585,049Net Income 2020: $70,3022020Revenue 2021: $715,148Expenses 2021: $633,994Net Income 2021: $81,1542021Revenue 2024: $650,912Expenses 2024: $939,231Net Income 2024: -$288,3192024Revenue 2025: $691,192Expenses 2025: $845,135Net Income 2025: -$153,9432025

Highlighted filing

2020

Revenue$655,351
Expenses$585,049
Net Income$70,302
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 8, 2020
Return Version
2019v5.0
Gross Receipts
$655,351
Mission and Program Overview

Mission

Books for keeps inc works to improve children's reading achievement by addressing barriers related to the accessibility and appeal of reading material. The organization gives books to children whose reading opportunities outside of school might be otherwise limited due to income, georgraphy, or other factors.

Books for keeps works to improve children's reading achievement by addressing barriers related to the accessibility and appeal of reading material. The organization gives books to children whose reading opportunities outside of school might be otherwise limited due to income, georgraphy, or other factors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$235,404$289,928▲ $54,524
Cash and Non-Interest-Bearing Accounts$161,518$206,390▲ $44,872
Investments Other Securities$29,894$32,403▲ $2,509
Savings and Temporary Cash Investments$10,134$10,146▲ $12
Prepaid Expenses and Deferred Charges$597$573▼ $24
Pledges and Grants Receivable$20--
Total Assets$437,567$539,440▲ $101,873
Liabilities
Other Liabilities-$30,300-
Total Liabilities$0$30,300▲ $30,300
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$437,567$509,140▲ $71,573
Total Net Assets Fund Balance$437,567$509,140▲ $71,573
Total Liabilities and Net Assets / Fund Balance$437,567$539,440▲ $101,873

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$32,403--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leslie HaleExecutive DiFT$53,550$53,550

Board Members and Trustees

NameTitle
Julie DentonPresident
Chandra MinceyDirector
Deborah LoninDirector
Deidre SugiuchiDirector
Jennifer WelbornDirector
Jillian FarrDirector
Joan PrittieDirector
Leigh DillardDirector
Marne MathewsDirector
Patty BoothDirector
Stephen NoblesDirector
Jordan BurkeSecretary
Laura EvansTreasurer
Jamie CumbieVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$625,387
Program Service Revenue
$24,966
Investment Income
$1,844
Other Revenue
$3,154
All Other Contributions
$625,387
Change in Net Assets
$70,302

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$110,862
Books and Publications-$94,933
Real Estate Commercial1$17,000
Other Non Cash Contri Table1$7,700
Total Noncash Contributions3$230,495

Audited Revenue Reconciliation

Revenue per Audited Statements
$655,351
Total Revenue per Audited Statements
$655,351
Total Revenue per Form 990
$655,351
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$443,297
Salaries, Compensation, and Employee Benefits$141,752
Total Fundraising Expense$29,154
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$54,568$20,895$12,739$88,202
Current Officers, Directors, Trustees, and Key Employees$26,775$16,065$10,710$53,550
Occupancy$49,620$2,000$1,500$53,120
All Other Expenses$6,034$3,052-$9,086
Insurance$4,203$454-$4,657
Office Expenses$4,051$169-$4,220
Advertising--$4,205$4,205
Other Expenses$9,181$3,250-$3,250
Travel$318$1,799-$2,117
Fees for Service Investment Mgmnt Fees-$452-$452
Total Functional Expenses$506,582$49,313$29,154$585,049

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$585,049
Total Expenses per Audited Statements$585,049
Total Expenses per Form 990$585,049
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$3,154
Professional Fundraising Fees$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
Ppp Loan Funds$30,300
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

Documents that are not available on the website will be made available upon request.

Filing and Contact Details

Filer

Filer Name
Books for Keeps Inc
EIN
27-4714080
Phone
7064101912
Address
PO BOX 49761, ATHENS, GA 30606

Signing Officer

Name
Leslie Hale
Title
Executive Director
Phone
7064101912
Signed
2020-02-08

Organization Details

Principal Officer
Leslie Hale
Formed
2011
Voting Board Members
13
Independent Board Members
13
Employees
3
Volunteers
461

Preparer

Firm
ROBERT BAKER AND ASSOCIATES CPA'S
Address
316 W RESIDENCE AVENUE, ALBANY, GA 31701-2319
Preparer
Rhonda L Collins
Phone
2294359500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose or purposes for which the corporation was organized is to improve children''s reading achievement by addressing barriers related to the accessibility and appeal of reading material. The organization gives books to children whose reading opportunities outside of school might be otherwise limited due to income, geography, or other factors.

Form 990, Page 1, Part I, Line 6

Volunteers assist in sorting and boxing books at the warehouse. They also assist with giving away and selling books at various events as well as performing office tasks.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OR PURPOSES FOR WHICH THE CORPORATION WAS ORGANIZED IS TO IMPROVE CHILDREN''S READING ACHIEVEMENT BY ADDRESSING BARRIERS RELATED TO THE ACCESSIBILITY AND APPEAL OF READING MATERIAL. THE ORGANIZATION GIVES BOOKS TO CHILDREN WHOSE READING OPPORTUNITIES OUTSIDE OF SCHOOL MIGHT BE OTHERWISE LIMITED DUE TO INCOME, GEOGRAPHY, OR OTHER FACTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS ASSIST IN SORTING AND BOXING BOOKS AT THE WAREHOUSE. THEY ALSO ASSIST WITH GIVING AWAY AND SELLING BOOKS AT VARIOUS EVENTS AS WELL AS PERFORMING OFFICE TASKS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS THAT ARE NOT AVAILABLE ON THE WEBSITE WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
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