Civic Intelligence

Bookmarks Inc

990 • Fiscal year 2024 • EIN 54-2152610

Jan 01, 2024 to Dec 31, 2024 • Filed on Jul 09, 2025

634 W Fourth Street 110Winstonsalem, NC 27101

(336) 747-1471

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.42x

Higher debt load relative to assets than 73% of similar nonprofits.

2024 filings • NTEE B99 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.41x

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

2024 filings • NTEE B99 • $1M-$5M nonprofits • Source year 2024

Net Margin

23rd percentile

-10%

Higher net margin than 23% of similar nonprofits.

2024 filings • NTEE B99 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

48th percentile

$82,625

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2024 filings • NTEE B99 • $1M-$5M nonprofits • Source year 2024

Asset Growth

23rd percentile

-8.2%

Faster asset growth than 23% of similar nonprofits.

2024 filings • NTEE B99 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-6.8%

Faster revenue growth than 23% of similar nonprofits.

2024 filings • NTEE B99 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,500,995

Up $109,802 (+4.6%) from 2022

Net Assets

Up

$1,446,901

Up $63,127 (+4.6%) from 2022

Liabilities

Up

$1,054,094

Up $46,675 (+4.6%) from 2022

Revenue

Up

$2,581,890

Up $254,472 (+11%) from 2022

Expenses

Up

$2,848,608

Up $761,821 (+37%) from 2022

Net Income

Down

-$266,718

Down $507,349 (-211%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $3,640Liabilities 2011: $02011Assets 2012: $24,705Liabilities 2012: $02012Assets 2013: $46,166Liabilities 2013: $0Net Assets 2013: $46,1662013Assets 2014: $64,178Liabilities 2014: $0Net Assets 2014: $64,1782014Assets 2015: $74,761Liabilities 2015: $0Net Assets 2015: $74,7612015Assets 2016: $342,393Liabilities 2016: $0Net Assets 2016: $342,3932016Assets 2017: $746,761Liabilities 2017: $33,580Net Assets 2017: $713,1812017Assets 2018: $909,692Liabilities 2018: $126,728Net Assets 2018: $782,9642018Assets 2019: $859,618Liabilities 2019: $125,711Net Assets 2019: $733,9072019Assets 2020: $1,130,720Liabilities 2020: $239,770Net Assets 2020: $890,9502020Assets 2021: $1,439,469Liabilities 2021: $266,355Net Assets 2021: $1,173,1142021Assets 2022: $2,391,193Liabilities 2022: $1,007,419Net Assets 2022: $1,383,7742022Assets 2024: $2,500,995Liabilities 2024: $1,054,094Net Assets 2024: $1,446,9012024

Highlighted filing

2024

Assets$2,500,995
Liabilities$1,054,094
Net Assets$1,446,901

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $107,198Expenses 2011: $106,759Net Income 2011: $4392011Revenue 2012: $144,803Expenses 2012: $123,738Net Income 2012: $21,0652012Revenue 2013: $174,129Expenses 2013: $152,668Net Income 2013: $21,4612013Revenue 2014: $212,221Expenses 2014: $194,209Net Income 2014: $18,0122014Revenue 2015: $200,551Expenses 2015: $189,968Net Income 2015: $10,5832015Revenue 2016: $373,503Expenses 2016: $230,891Net Income 2016: $142,6122016Revenue 2017: $1,206,033Expenses 2017: $825,269Net Income 2017: $380,7642017Revenue 2018: $1,254,606Expenses 2018: $1,178,699Net Income 2018: $75,9072018Revenue 2019: $1,390,294Expenses 2019: $1,445,015Net Income 2019: -$54,7212019Revenue 2020: $1,266,974Expenses 2020: $1,110,833Net Income 2020: $156,1412020Revenue 2021: $1,767,191Expenses 2021: $1,485,030Net Income 2021: $282,1612021Revenue 2022: $2,327,418Expenses 2022: $2,086,787Net Income 2022: $240,6312022Revenue 2024: $2,581,890Expenses 2024: $2,848,608Net Income 2024: -$266,7182024

Highlighted filing

2024

Revenue$2,581,890
Expenses$2,848,608
Net Income-$266,718
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 9, 2025
Return Version
2024v5.0
Gross Receipts
$2,581,890
Mission and Program Overview

Mission

Bookmark, inc. (bookmarks) is a literary arts organization that fosters a love of reading and writing in the forsyth county community. Bookmarks connects readers with authors and books in the following ways: an annual festival of books, an authors in schools program, and year-round events in their nonprofit independent bookstore.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$328,962$802,241▲ $473,279
Land, Buildings, and Equipment, Net$371,051$387,711▲ $16,660
Inventories for Sale or Use$263,561$274,165▲ $10,604
Cash and Non-Interest-Bearing Accounts$793,568$183,809▼ $609,759
Pledges and Grants Receivable$197,631$152,664▼ $44,967
Accounts Receivable$38,177$32,935▼ $5,242
Total Assets$2,724,136$2,500,995▼ $223,141
Other Assets Total$731,186$667,470▼ $63,716
Liabilities
Other Liabilities$768,238$708,629▼ $59,609
Accounts Payable and Accrued Expenses$184,357$265,270▲ $80,913
Deferred Revenue$57,922$80,195▲ $22,273
Total Liabilities$1,010,517$1,054,094▲ $43,577
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,495,988$1,274,235▼ $221,753
Net Assets With Donor Restrictions$217,631$172,666▼ $44,965
Total Net Assets Fund Balance$1,713,619$1,446,901▼ $266,718
Total Liabilities and Net Assets / Fund Balance$2,724,136$2,500,995▼ $223,141

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$322,751$99,253$422,004
Equipment$64,960$64,331$129,291
Other Assets Org$4,217--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jamie Rogers-southernExecutive DiFT$71,707$10,918$82,625

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$661,608
Program Service Revenue
$1,838,446
Investment Income
$32,612
Other Revenue
$49,224
All Other Contributions
$605,208
Change in Net Assets
$-266,718

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,581,890
Revenue Not Reported on Form 990
$5,128
Total Revenue per Audited Statements
$2,587,018
Total Revenue per Form 990
$2,581,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,960,878
Salaries, Compensation, and Employee Benefits$887,730
Total Fundraising Expense$71,045
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$573,048$42,772$29,556$645,376
Advertising$166,500$1,466$4,968$172,934
Occupancy$128,012$8,456$10,371$146,839
Other Employee Benefits$61,884$19,740$3,843$85,467
Current Officers, Directors, Trustees, and Key Employees$72,092$6,739$3,794$82,625
Payroll Taxes$50,411$3,438$2,604$56,453
Other Expenses$48,795$1,146$3,631$53,572
Office Expenses$35,321$11,764$2,864$49,949
Fees for Services Accounting$38,056$1,802$4,186$44,044
Depreciation Depletion$6,313$14,119-$20,432
Fees for Services Other$5,241$12,666$1,140$19,047
Pension Plan Contributions$15,562$1,346$901$17,809
Insurance$15,009$698$1,745$17,452
Travel$6,527$1,813-$8,340
All Other Expenses$2,979$139$347$3,465
Total Functional Expenses$2,644,894$132,669$71,045$2,848,608

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,853,736
Expenses per Audited Statements$2,848,608
Total Expenses per Form 990$2,848,608
Expenses Not Reported on Form 990$5,128
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,264
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
Lease Liability$708,629
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
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

The 990 is reviewed by the directors with the treasurer of the board.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest policy is posted on the organization's website, reviewed annually with the board, and covered with all new and potential board members.

Form 990, Page 6, Part VI, Line 15A

The officer's salaries are fixed by the board of directors. They base the salary on other nonprofit directors' salaries in north carolina. It is also based on the amount of time worked, their expertise and training, and being able to meet their annual goals.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public on the organization's website and upon request.

Filing and Contact Details

Filer

Filer Name
Bookmarks Inc
EIN
54-2152610
Phone
3367471471
Address
634 W FOURTH STREET 110, WINSTONSALEM, NC 27101

Signing Officer

Name
Stephanie Flores De Valgaz
Title
President
Phone
3367471471
Signed
2025-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Flores De Valgaz
Formed
2004
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
22
Volunteers
299

Preparer

Firm
Butler Burke Llp
Address
100 CLUB OAKS COURT SUITE A, WINSTONSALEM, NC 27104
Preparer
Jane R Potter
Phone
3367682310
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Bookmark, inc. (bookmarks) is a literary arts organization that fosters a love of reading and writing in the forsyth county community. Bookmarks connects readers with authors and books in the following ways: an annual festival of books, an authors in schools program, and year-round events in their nonprofit independent bookstore.

Financial Statement Notes

Schedule D, Page 3, Part X

Bookmarks is a not-for-profit organization and is exempt from income taxes under section 501(c)(3) of the internal revenue code. Accordingly, income tax expense is limited to activities that are deemed by the internal revenue service to be unrelated to their exempt purposes. Bookmarks' primary tax positions relate to its status as a not-for-profit entity exempt from income taxes and classification of activities related to its exempt purposes. It is the opinion of management that bookmarks has no uncertain tax positions that would be subject to change upon examination. Bookmarks is required to file a federal exempt organization tax return (form 990) annually to retain its exempt status. Bookmarks is also required to file an exempt organization business income tax return (form 990-t) for any year gross unrelated business income exceeds 1,000. Bookmarks' form 990 filings are generally subject to examination by the internal revenue service for three years after they are filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
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IRS990/MissionDesc0BOOKMARK, INC. (BOOKMARKS) IS A LITERARY ARTS ORGANIZATION THAT FOSTERS A LOVE OF READING AND WRITING IN THE FORSYTH COUNTY COMMUNITY. BOOKMARKS CONNECTS READERS WITH AUTHORS AND BOOKS IN THE FOLLOWING WAYS: AN ANNUAL FESTIVAL OF BOOKS, AN AUTHORS IN SCHOOLS PROGRAM, AND YEAR-ROUND EVENTS IN THEIR NONPROFIT INDEPENDENT BOOKSTORE.
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IRS990/OtherExpensesGrp/Desc2EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc3CREDIT CARD FEES
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0STEPHANIE FLORES DE VALGAZ
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IRS990/ProgramServiceRevenueGrp/BusinessCd0451211
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IRS990/ProgramServiceRevenueGrp/Desc0BOOK SALES REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1EVENTS
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01741204
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0933249
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-266718
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0933249
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0660367
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.50$1.05$1.45$2.58$2.85$0.27
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.39$1.01$1.38$2.33$2.09$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.27$1.17$1.77$1.49$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.24$0.89$1.27$1.11$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.13$0.73$1.39$1.45$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.13$0.78$1.25$1.18$0.08
2017Summary only. Only limited summary data is available for this year.$0.75$0.03$0.71$1.21$0.83$0.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.00$0.34$0.37$0.23$0.14
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.00$0.07$0.20$0.19$0.01
2014Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.21$0.19$0.02
2013Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$0.17$0.15$0.02
2012Summary only. Only limited summary data is available for this year.$0.02$0.00$0.14$0.12$0.02
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.11$0.11$0.00