Civic Intelligence

Bookmarks Inc

990 • Fiscal year 2016 • EIN 54-2152610

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 06, 2017

251 N Spruce StreetWinston Salem, NC 27101

(336) 747-1471

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

89th percentile

38%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

98th percentile

358%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

93rd percentile

86%

Faster revenue growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$342,393

Up $267,632 (+358%) from 2015

Net Assets

Up

$342,393

Up $267,632 (+358%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$373,503

Up $172,952 (+86%) from 2015

Expenses

Up

$230,891

Up $40,923 (+22%) from 2015

Net Income

Up

$142,612

Up $132,029 (+1248%) from 2015

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

2016

Assets$342,393
Liabilities$0
Net Assets$342,393

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

2016

Revenue$373,503
Expenses$230,891
Net Income$142,612
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 6, 2017
Return Version
2016v3.0
Gross Receipts
$647,883
Mission and Program Overview

Mission

Bookmarks connects readers with authors by producing the largest annual festival of books and authors in north carolina and south carolina, a series of author talks, and an authors in schools program and a summer reading program for k-12 students across north carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$74,761$342,393▲ $267,632
Total Assets$74,761$342,393▲ $267,632
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$74,761$342,393▲ $267,632
Total Net Assets Fund Balance$74,761$342,393▲ $267,632
Total Liabilities and Net Assets / Fund Balance$74,761$342,393▲ $267,632
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Virginia HendricksDirectorFT$50,502$50,502
Jamie Rogers SouthernOperations DFT$48,194$48,194

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$358,185
Program Service Revenue
$0
Investment Income
$5,178
Other Revenue
$10,140
All Other Contributions
$347,232
Change in Net Assets
$142,612

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 AmountValuation Method
Securities Publicly Traded4$35,208Fair Market Value
Clothing and Household Goods-$9,345Fair Market Value
Other Non Cash Contri Table16$1,608Fair Market Value
Total Noncash Contributions20$46,161-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$132,452
Other Expenses$98,439
Total Fundraising Expense$23,543
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$98,696--$98,696
Other Salaries and Wages$23,317--$23,317
Advertising--$22,424$22,424
Office Expenses-$12,272$1,119$13,391
Travel$11,462--$11,462
Payroll Taxes$10,439--$10,439
Occupancy$7,525--$7,525
Information Technology-$6,189-$6,189
Fees for Services Other$2,285--$2,285
Insurance$1,987--$1,987
Other Expenses$739--$739
All Other Expenses$592--$592
Conferences and Meetings-$423-$423
Total Functional Expenses$188,464$18,884$23,543$230,891
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$246,060
Fundraising Direct Expenses$239,172
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Festival of Boo$143,768$134,423$197,782$-63,359
Festival Eat &$83,523$83,523$34,195$49,328
Total Events$257,013$246,060$239,172$6,888
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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

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, review annually with the board, and covered with all new and potential board members

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
EIN
54-2152610
Phone
3367471471
Address
251 N SPRUCE STREET, WINSTON SALEM, NC 27101

Signing Officer

Name
Virginia Hendricks
Title
Director
Phone
3367471471
Signed
2017-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Virginia Hendricks
Formed
2004
Legal Domicile
Nc
Voting Board Members
17
Independent Board Members
17
Employees
8
Volunteers
150

Preparer

Firm
Cannon & Company Llp
Address
2160 COUNTRY CLUB RD, WINSTONSALEM, NC 27104-4208
Preparer
Richard J Tamer
Phone
3367250635
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Bookmarks connects readers with authors by producing the largest annual festival of books and authors in north carolina and south carolina, a series of author talks, and an authors in schools program and a summer reading program for k-12 students across north carolina.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt18OPERATIONS D
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISC INCOME/REIMBURSED SALES TAX 32,663
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOOKMARKS CONNECTS READERS WITH AUTHORS BY PRODUCING THE LARGEST ANNUAL FESTIVAL OF BOOKS AND AUTHORS IN NORTH CAROLINA AND SOUTH CAROLINA, A SERIES OF AUTHOR TALKS, AND AN AUTHORS IN SCHOOLS PROGRAM AND A SUMMER READING PROGRAM FOR K-12 STUDENTS ACROSS NORTH CAROLINA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE DIRECTORS WITH THE TREASURER OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICY IS POSTED ON THE ORGANIZATION'S WEBSITE, REVIEW ANNUALLY WITH THE BOARD, AND COVERED WITH ALL NEW AND POTENTIAL BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$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
2016Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $500k-$1M nonprofits