Civic Intelligence

International Book Bank Inc

EIN 36-3537447 • 501(c)3 • Baltimore, MD

Profile

Ibb's mission is to increase global literacy and advance education by supporting the development and distribution of books and other educational materials to marginalized populations.

3110 Remington AveBaltimore, MD 21211

www.internationalbookbank.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

66th percentile

0.00x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

4th percentile

-473%

Higher net margin than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

25th percentile

-33%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-96%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$89,414

Down $44,554 (-33%) from 2017

Liabilities

Flat

$36

Flat from 2017

Net Assets

Down

$89,378

Down $44,554 (-33%) from 2017

Revenue

Down

$9,427

Down $204,486 (-96%) from 2017

Expenses

Down

$53,981

Down $16,310,780 (-100%) from 2017

Net Income

Up

-$44,554

Up $16,106,294 (+100%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$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

2018

Assets$89,414
Liabilities$36
Net Assets$89,378

Operations Trend

Revenue, expenses, and net income by year, with the latest 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

2018

Revenue$9,427
Expenses$53,981
Net Income-$44,554

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2017 to Mar 31, 2018
Signed
Dec 20, 2018
Return Version
2017v2.3
Gross Receipts
$9,427
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.

Ibb's mission is to increase global literacy and advance education by supporting the development and distribution of books and other educational materials to marginalized populations.

Program Services

DescriptionGrantsExpenses
INTERNATIONAL BOOK BANK HAS PROCURED DONATIONS OF THOUSANDS OF BOOK TITLES AND OTHER EDUCATIONAL MATERIALS FROM A VARIETY OF PUBLISHING HOUSES, TO BE DISTRIBUTED FOR USE BY THE NEEDY AND DISADVANTAGED PEOPLE OF THE WORLD.$0$53,981
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR WENDY SAULPresident-$0--
DR VICTOR KORENMANVice President-$0--
JOHNNY RAMSEY CPATreasurer-$0--
BETSY RALLSecretary-$0--
RICHARD CRABBEDirector-$0--
DR JODI CRANDALLDirector-$0--
DANNY FEINDirector-$0--
AMANDA HITTDirector-$0--
HILARY JONESDirector-$0--
BRIGID MCDONNELLDirector-$0--
DAVID ROBSONDirector-$0--
DAN TOBINDirector-$0--
Filing and Contact Details

Filer

Filer Name
International Book Bank Inc
EIN
36-3537447
Phone
4106852665
Address
3110 REMINGTON AVE, BALTIMORE, MD 21211

Signing Officer

Name
Dr Victor Korenman
Title
Vice President
Phone
4106852665
Signed
2018-12-20
Discuss with paid preparer
Yes

Preparer

Firm
Gorfine Schiller & Gardyn Pa
Address
10045 RED RUN BLVD SUITE 250, OWINGS MILLS, MD 21117
Preparer
Scott D Rodgville CPA
Phone
4103565900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 24.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: publishing. Grantee name: code we-care liberia . Grantee address: 21 rue chapel street ottawa, ontario, canada k1n 7z2. Grantee relationship: publishing product partner. Property description: cash. Date of gift: 05/03/17. Amount given: 20,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: publishing. Grantee name: code we-care liberia . Grantee address: 21 rue chapel street ottawa, ontario, canada k1n 7z2. Grantee relationship: publishing product partner. Property description: cash. Date of gift: 10/31/17. Amount given: 5,000. Total included on form 990-ez, line 10: 25,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: payroll preparation. Amount: 432. Description: telphone. Amount: 47. Description: bank fees. Amount: 314. Description: website management. Amount: 3,335. Description: board meetings. Amount: 315. Description: state fees. Amount: 75. Description: office expense. Amount: 352. Description: insurance. Amount: 1,420. Description: meetings/conferences. Amount: 3,000. Total to form 990-ez, line 16: 9,290.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 36. End of year amount: 36.

Raw XML Appendix216 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0IBB'S MISSION IS TO INCREASE GLOBAL LITERACY AND ADVANCE EDUCATION BY SUPPORTING THE DEVELOPMENT AND DISTRIBUTION OF BOOKS AND OTHER EDUCATIONAL MATERIALS TO MARGINALIZED POPULATIONS.
IRS990EZ/PrintingPublicationsPostageAmt011
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0INTERNATIONAL BOOK BANK HAS PROCURED DONATIONS OF THOUSANDS OF BOOK TITLES AND OTHER EDUCATIONAL MATERIALS FROM A VARIETY OF PUBLISHING HOUSES, TO BE DISTRIBUTED FOR USE BY THE NEEDY AND DISADVANTAGED PEOPLE OF THE WORLD.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 24.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: PUBLISHING. GRANTEE NAME: CODE WE-CARE LIBERIA . GRANTEE ADDRESS: 21 RUE CHAPEL STREET OTTAWA, ONTARIO, CANADA K1N 7Z2. GRANTEE RELATIONSHIP: PUBLISHING PRODUCT PARTNER. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/03/17. AMOUNT GIVEN: 20,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: PUBLISHING. GRANTEE NAME: CODE WE-CARE LIBERIA . GRANTEE ADDRESS: 21 RUE CHAPEL STREET OTTAWA, ONTARIO, CANADA K1N 7Z2. GRANTEE RELATIONSHIP: PUBLISHING PRODUCT PARTNER. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 10/31/17. AMOUNT GIVEN: 5,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 25,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PAYROLL PREPARATION. AMOUNT: 432. DESCRIPTION: TELPHONE. AMOUNT: 47. DESCRIPTION: BANK FEES. AMOUNT: 314. DESCRIPTION: WEBSITE MANAGEMENT. AMOUNT: 3,335. DESCRIPTION: BOARD MEETINGS. AMOUNT: 315. DESCRIPTION: STATE FEES. AMOUNT: 75. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 352. DESCRIPTION: INSURANCE. AMOUNT: 1,420. DESCRIPTION: MEETINGS/CONFERENCES. AMOUNT: 3,000. TOTAL TO FORM 990-EZ, LINE 16: 9,290.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 36. END OF YEAR AMOUNT: 36.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR VICTOR KORENMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04106852665
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-12-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTERNATIONAL BOOK BANK INC
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ReturnHeader/Filer/EIN0363537447
ReturnHeader/Filer/PhoneNum04106852665
ReturnHeader/Filer/USAddress/AddressLine1Txt03110 REMINGTON AVE
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ReturnHeader/FilingSecurityInformation/IPTm010:23:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521231901
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GORFINE SCHILLER & GARDYN PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010045 RED RUN BLVD SUITE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OWINGS MILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021117
ReturnHeader/PreparerPersonGrp/PhoneNum04103565900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT D RODGVILLE CPA
ReturnHeader/ReturnTs02019-01-09T07:40:06-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-04-01
ReturnHeader/TaxPeriodEndDt02018-03-31
ReturnHeader/TaxYr02017

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