Civic Intelligence

My Own Book Fund Inc.

990 • Fiscal year 2015 • EIN 46-0799191

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 20, 2015

535 East 86th StreetNew York, NY 10028

(212) 249-3765

Siviq Scores

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

Liabilities / Assets

45th percentile

0.02x

Higher debt load relative to assets than 45% of similar nonprofits.

2015 filings • NTEE B • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

58th percentile

0.05x

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

2015 filings • NTEE B • $500k-$1M nonprofits • Source year 2015

Net Margin

90th percentile

42%

Higher net margin than 90% of similar nonprofits.

2015 filings • NTEE B • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2015 filings • NTEE B • $500k-$1M nonprofits • Source year 2015

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

2015 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

84th percentile

34%

Faster revenue growth than 84% of similar nonprofits.

2015 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$657,915

Up $97,799 (+17%) from 2014

Net Assets

Up

$644,814

Up $94,698 (+17%) from 2014

Liabilities

Up

$13,101

Up $3,101 (+31%) from 2014

Revenue

Up

$251,177

Up $64,166 (+34%) from 2014

Expenses

Down

$145,947

Down $83 (-0.1%) from 2014

Net Income

Up

$105,230

Up $64,249 (+157%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2013: $481,910Liabilities 2013: $12,481Net Assets 2013: $469,4292013Assets 2014: $560,116Liabilities 2014: $10,000Net Assets 2014: $550,1162014Assets 2015: $657,915Liabilities 2015: $13,101Net Assets 2015: $644,8142015Assets 2016: $622,026Liabilities 2016: $11,667Net Assets 2016: $610,3592016Assets 2017: $620,790Liabilities 2017: $11,692Net Assets 2017: $609,0982017Assets 2018: $576,695Liabilities 2018: $18,768Net Assets 2018: $557,9272018Assets 2019: $645,341Liabilities 2019: $11,500Net Assets 2019: $633,8412019Assets 2020: $682,119Liabilities 2020: $11,500Net Assets 2020: $670,6192020Assets 2021: $845,595Liabilities 2021: $62,413Net Assets 2021: $783,1822021Assets 2022: $674,470Liabilities 2022: $15,902Net Assets 2022: $658,5682022Assets 2023: $702,022Liabilities 2023: $22,541Net Assets 2023: $679,4812023Assets 2024: $791,993Liabilities 2024: $5,601Net Assets 2024: $786,3922024Assets 2025: $869,530Liabilities 2025: $7,544Net Assets 2025: $861,9862025

Highlighted filing

2015

Assets$657,915
Liabilities$13,101
Net Assets$644,814

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2013: $137,4112013Revenue 2014: $187,011Expenses 2014: $146,030Net Income 2014: $40,9812014Revenue 2015: $251,177Expenses 2015: $145,947Net Income 2015: $105,2302015Revenue 2016: $115,873Expenses 2016: $155,191Net Income 2016: -$39,3182016Revenue 2017: $138,170Expenses 2017: $172,104Net Income 2017: -$33,9342017Revenue 2018: $128,910Expenses 2018: $175,168Net Income 2018: -$46,2582018Revenue 2019: $227,252Expenses 2019: $162,352Net Income 2019: $64,9002019Revenue 2020: $145,738Expenses 2020: $119,902Net Income 2020: $25,8362020Revenue 2021: $121,652Expenses 2021: $98,800Net Income 2021: $22,8522021Revenue 2022: $168,122Expenses 2022: $203,011Net Income 2022: -$34,8892022Revenue 2023: $137,872Expenses 2023: $147,701Net Income 2023: -$9,8292023Revenue 2024: $186,353Expenses 2024: $135,325Net Income 2024: $51,0282024Revenue 2025: $187,808Expenses 2025: $147,995Net Income 2025: $39,8132025

Highlighted filing

2015

Revenue$251,177
Expenses$145,947
Net Income$105,230
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 20, 2015
Return Version
2014v5.0
Gross Receipts
$353,799
Mission and Program Overview

Mission

To foster a love of reading by empowering children in need to select, purchase and read their very own books.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$511,215$549,467▲ $38,252
Cash and Non-Interest-Bearing Accounts$48,001$88,271▲ $40,270
Land, Buildings, and Equipment, Net$900$600▼ $300
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$560,116$657,915▲ $97,799
Other Assets Total-$19,577-
Liabilities
Accounts Payable and Accrued Expenses$10,000$13,101▲ $3,101
Total Liabilities$10,000$13,101▲ $3,101
Net Assets / Fund Balance
Unrestricted Net Assets$550,116$625,237▲ $75,121
Temporarily Rstr Net Assets-$19,577-
Total Net Assets Fund Balance$550,116$644,814▲ $94,698
Total Liabilities and Net Assets / Fund Balance$560,116$657,915▲ $97,799

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$600$900$1,500
Compensation and Service Providers

Board Members and Trustees

NameTitle
Burton M FreemanPresident
Daria RigneyDirector
Jeremy WeinsteinDirector
Kenneth FreemanDirector
Marjorie HarrisonDirector
Sandra FreemanDirector
Patricia RemerController
Joanna MillerExecutive VP
Marjorie RutimannSecretary
Dan GreenbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$252,393
Program Service Revenue
$0
Investment Income
$-1,216
Other Revenue
$0
All Other Contributions
$252,393
Change in Net Assets
$105,230

Audited Revenue Reconciliation

Revenue per Audited Statements
$251,177
Revenue Not Reported on Form 990
$-9,332
Total Revenue per Audited Statements
$241,845
Total Revenue per Form 990
$251,177
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$145,947
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$5,000$5,000-$10,000
Insurance$805$805-$1,610
Occupancy$655$669-$1,324
Other Expenses$307$193-$500
Depreciation Depletion$150$150-$300
Office Expenses$44$43-$87
Total Functional Expenses$139,087$6,860$0$145,947

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$147,147
Expenses per Audited Statements$145,947
Total Expenses per Form 990$145,947
Expenses Not Reported on Form 990$1,200
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Burton M FreemanPresidentContributionsNo$100,000
Pam RemerControllerDonated Office/rentNo$1,200

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
Yes
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, Line 11B: Form 990 Review Process

Upon receipt of the draft form 990 from the accountants, the president and treasurer, reviews the return and submits changes, if necessary. Once the accountants receive authorization from the president, the return is finalized.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All directors must file a written disclosure statement annually.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Officer compensation is discussed and agreed upon in board meetings. Minutes are taken to document board decisions.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon written or oral request, the president furnishes all relevant documents.

Filing and Contact Details

Filer

Filer Name
My Own Book Fund Inc
EIN
46-0799191
Phone
2122493765
Address
535 EAST 86TH STREET, NEW YORK, NY 10028

Signing Officer

Name
Burton M Freeman
Title
President
Signed
2015-10-20
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
89

Preparer

Firm
Curcio Wieselthier & Cohen CPAs PC
Address
7 Penn Plaza Suite 1500, New York, NY 10001-3967
Preparer
Matthew Cohen CPA
Phone
2125579800
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The organization adopted the provision pertaining to uncertain tax positions and has determined that there are no uncertain tax positions that require recognition or disclosure in the financial statements.

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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/OtherExpensesGrp/Desc0BOOK PURCHASE PROGRAM
IRS990/OtherExpensesGrp/Desc1BANK AND CREDIT CARD FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0193
IRS990/OtherExpensesGrp/ProgramServicesAmt0132126
IRS990/OtherExpensesGrp/ProgramServicesAmt1307
IRS990/OtherExpensesGrp/TotalAmt0132126
IRS990/OtherExpensesGrp/TotalAmt1500
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0184862
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02149
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0146030
IRS990/PYRevenuesLessExpensesAmt040981
IRS990/PYTotalExpensesAmt0146030
IRS990/PYTotalRevenueAmt0187011
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0105230
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0252393
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0184862
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0610195
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01047450
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt037880
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt018836
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04680
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt061396
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt01047450
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0252393
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0184862
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0610195
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01047450
IRS990ScheduleA/TotalSupportAmt01108846
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt01200
IRS990ScheduleD/DonatedServicesUseFcltsAmt01200
IRS990ScheduleD/EquipmentGrp/BookValueAmt0600
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0900
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01500
IRS990ScheduleD/ExpensesNotReportedAmt01200
IRS990ScheduleD/ExpensesSubtotalAmt0145947
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-10532
IRS990ScheduleD/RevenueNotReportedAmt0-9332
IRS990ScheduleD/RevenueSubtotalAmt0251177
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ADOPTED THE PROVISION PERTAINING TO UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0600
IRS990ScheduleD/TotalExpensesPerForm990Amt0145947
IRS990ScheduleD/TotalRevenuePerForm990Amt0251177
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0241845
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0147147
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0PAM REMER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1BURTON M FREEMAN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CONTROLLER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01200
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1100000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0DONATED OFFICE/RENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1CONTRIBUTIONS
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UPON RECEIPT OF THE DRAFT FORM 990 FROM THE ACCOUNTANTS, THE PRESIDENT AND TREASURER, REVIEWS THE RETURN AND SUBMITS CHANGES, IF NECESSARY. ONCE THE ACCOUNTANTS RECEIVE AUTHORIZATION FROM THE PRESIDENT, THE RETURN IS FINALIZED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All directors must file a written disclosure statement annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICER COMPENSATION IS DISCUSSED AND AGREED UPON IN BOARD MEETINGS. MINUTES ARE TAKEN TO DOCUMENT BOARD DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON WRITTEN OR ORAL REQUEST, THE PRESIDENT FURNISHES ALL RELEVANT DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt019577
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0560116
IRS990/TotalAssetsEOYAmt0657915
IRS990/TotalAssetsGrp/BOYAmt0560116
IRS990/TotalAssetsGrp/EOYAmt0657915
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0252393
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06860
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0139087
IRS990/TotalFunctionalExpensesGrp/TotalAmt0145947
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010000
IRS990/TotalLiabilitiesEOYAmt013101
IRS990/TotalLiabilitiesGrp/BOYAmt010000
IRS990/TotalLiabilitiesGrp/EOYAmt013101

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