Civic Intelligence

International Book Bank Inc

990 • Fiscal year 2014 • EIN 36-3537447

Apr 01, 2013 to Mar 31, 2014 • Filed on Sep 12, 2014

4000 Buena Vista Avenue21211

(410) 362-0334

Siviq Scores

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

Liabilities / Assets

86th percentile

0.37x

Higher debt load relative to assets than 86% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

0.17x

Higher debt load relative to revenue than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

70th percentile

18%

Faster asset growth than 70% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$215,118

Up $32,365 (+18%) from 2013

Net Assets

Up

$134,749

Up $56,696 (+73%) from 2013

Liabilities

Down

$80,369

Down $24,331 (-23%) from 2013

Revenue

$479,590

No earlier filing loaded for comparison.

Expenses

Down

$408,720

Down $81,892 (-17%) from 2013

Net Income

$70,870

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $178,909Liabilities 2011: $40,094Net Assets 2011: $138,8152011Assets 2012: $184,711Liabilities 2012: $54,142Net Assets 2012: $130,5692012Assets 2013: $182,753Liabilities 2013: $104,700Net Assets 2013: $78,0532013Assets 2014: $215,118Liabilities 2014: $80,369Net Assets 2014: $134,7492014Assets 2017: $133,968Liabilities 2017: $36Net Assets 2017: $133,9322017Assets 2018: $89,414Liabilities 2018: $36Net Assets 2018: $89,3782018

Highlighted filing

2014

Assets$215,118
Liabilities$80,369
Net Assets$134,749

Operations Trend

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

$20M$10M$0-$10M-$20MExpenses 2011: $501,0702011Expenses 2012: $732,4442012Expenses 2013: $490,6122013Revenue 2014: $479,590Expenses 2014: $408,720Net Income 2014: $70,8702014Revenue 2017: $213,913Expenses 2017: $16,364,761Net Income 2017: -$16,150,8482017Revenue 2018: $9,427Expenses 2018: $53,981Net Income 2018: -$44,5542018

Highlighted filing

2014

Revenue$479,590
Expenses$408,720
Net Income$70,870
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Sep 12, 2014
Return Version
2013v3.0
Gross Receipts
$479,590
Mission and Program Overview

Mission

The international book bank increases literacy and advances education by procuring and shipping books and other educational materials to developing countries.

The ibb ships donated books to non-profit literacy programs in developing countries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$61,068$80,215▲ $19,147
Savings and Temporary Cash Investments$25,116$51,456▲ $26,340
Land, Buildings, and Equipment, Net$40,133$32,087▼ $8,046
Cash and Non-Interest-Bearing Accounts$34,808$28,804▼ $6,004
Prepaid Expenses and Deferred Charges$11,258$12,256▲ $998
Total Assets$182,753$215,118▲ $32,365
Other Assets Total$10,370$10,300▼ $70
Liabilities
Other Liabilities$100,317$74,100▼ $26,217
Accounts Payable and Accrued Expenses$4,383$6,269▲ $1,886
Total Liabilities$104,700$80,369▼ $24,331
Net Assets / Fund Balance
Unrestricted Net Assets$78,053$134,749▲ $56,696
Total Net Assets Fund Balance$78,053$134,749▲ $56,696
Total Liabilities and Net Assets / Fund Balance$182,753$215,118▲ $32,365

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$29,692$132,060$161,752
Leasehold Improvements$2,395$478$2,873
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wendy SaulPresident
Victor KorenmanVice President
Danny PeinDirector
David GaleDirector
David RobsonDirector
Hilary JonesDirector
Jodi CrandallDirector
Liz NealonDirector
Richard CrabbeDirector
Scott WalterDirector
Stacey FloodDirector
Stewart PeltoDirector
Betsy Baker-rallSecretary
Johnny RamseyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$75,739
Program Service Revenue
$397,256
Investment Income
$18
Other Revenue
$6,577
All Other Contributions
$75,739
Change in Net Assets
$70,870

Noncash Contribution Practices

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

Audited Revenue Reconciliation

Revenue per Audited Statements
$479,590
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$479,590
Total Revenue per Form 990
$479,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$236,373
Salaries, Compensation, and Employee Benefits$172,347
Total Fundraising Expense$14,444
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$146,636--$146,636
Other Salaries and Wages$101,214$21,577$10,327$133,118
Other Employee Benefits$27,707$5,907$2,827$36,441
Depreciation Depletion$9,459--$9,459
Fees for Services Other-$6,433-$6,433
Insurance$3,537--$3,537
Fees for Services Accounting-$3,442-$3,442
Pension Plan Contributions$2,120$452$216$2,788
Other Expenses$1,479$110$896$2,485
Travel$1,955$435-$2,390
Office Expenses$1,742$371$178$2,291
All Other Expenses-$1,716-$1,716
Total Functional Expenses$351,460$42,816$14,444$408,720

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$408,721
Total Expenses per Audited Statements$408,721
Total Expenses per Form 990$408,721
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$11,419,034

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-saharan AfricaProgram ServicesProvided Books and Other Educational Materials00$10,548,137
Central America and the CaribbeanProgram ServicesProvided Books and Other Educational Materials00$870,897
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Deferred Revenue$74,100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
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, Part VI, Section A, Line 6

Code, ottawa, canada, is the sole member of the organization.

Form 990, Part VI, Section A, Line 7A

Code, a related entity, appoints one member of its choosing from its board to the board of the organization, as a voting member.

Form 990, Part VI, Section B, Line 11

A copy of the form 990 is sent to the executive committee for review before filing.

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

At the beginning of each calendar year, all staff and board members are required to review and sign a new conflict of interest statement which is maintained on file with the organization.

Form 990, Part VI, Section B, Line 15A

The executive committee of the board of directors benchmarks compensation of similar positions in similar-sized organizations in the same region of the country.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
36-3537447
Phone
4103620334

Signing Officer

Name
Wendy Saul
Title
President
Phone
4103620334
Signed
2014-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Saul
Formed
1987
Legal Domicile
Md
Voting Board Members
11
Independent Board Members
10
Employees
6
Volunteers
50

Preparer

Preparer
Scott D Rodgville CPA
Phone
4103565900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Prior period adjustment -14,174.

Raw XML AppendixShowing 400 of 542 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011258
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012256
IRS990/PrincipalOfficerNm0WENDY SAUL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT SHIPMENTS
IRS990/ProgramServiceRevenueGrp/Desc1CODE CONTRACT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0357256
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt140000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0357256
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt140000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt015316
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt028
IRS990/PYOtherExpensesAmt0277796
IRS990/PYOtherRevenueAmt05133
IRS990/PYProgramServiceRevenueAmt0417773
IRS990/PYRevenuesLessExpensesAmt0-52362
IRS990/PYSalariesCompEmpBnftPaidAmt0212816
IRS990/PYTotalExpensesAmt0490612
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0438250
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt070870
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0403833
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025116
IRS990/SavingsAndTempCashInvstGrp/EOYAmt051456
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt075739
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt015316
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0284658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04424
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015143173
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt015523310
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt028
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0104
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0140
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0299
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02230481
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt06577
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05133
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt031877
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt035030
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt027452
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0106069
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99320
IRS990ScheduleA/PublicSupportPY170Pct00.99330
IRS990ScheduleA/PublicSupportTotal170Amt015523310
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt075739
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt015316
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0284658
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04424
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015143173
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt015523310
IRS990ScheduleA/TotalSupportAmt015629678
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/BookValueAmt029692
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0132060
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0161752
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0408721
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02395
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0478
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02873
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt074100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED REVENUE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0479590
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032087
IRS990ScheduleD/TotalExpensesPerForm990Amt0408721
IRS990ScheduleD/TotalLiabilityAmt074100
IRS990ScheduleD/TotalRevenuePerForm990Amt0479590
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0479590
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0408721
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0870897
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt110548137
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0PROVIDED BOOKS AND OTHER EDUCATIONAL MATERIALS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1PROVIDED BOOKS AND OTHER EDUCATIONAL MATERIALS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt011419034
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0EXPENDITURES IN THE REGION INCLUDE SHIPPING COSTS TO SHIP BOOKS AND OTHER EDUCATIONAL MATERIALS AS WELL AS THE GIFTS IN KIND VALUE (BASED ON 70% OF THE ESTIMATED FAIR MARKET VALUE) OF THOSE ITEMS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt011419034
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00

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