Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Invisible Book Bag Inc
EIN 83-0560655 • 501(c)3 • Chicago, IL
Profile
The mission of Invisible Book Bag Inc. IBB a 501c3 organization is to offer underserved communities services that enhance the lives of socially and economically disadvantaged youth through education athletics mentoring and social engagement in a safe and positive environment.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
82nd percentile
Higher net margin than 82% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 8.3% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
16th percentile
Faster revenue growth than 16% of similar nonprofits.
Balance Sheet
Assets
Up$40,802
Up $17,791 (+77%) from 2024
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$40,802
Up $17,791 (+77%) from 2024
Revenue
Down$57,646
Down $62,240 (-52%) from 2024
Expenses
Down$39,855
Down $64,827 (-62%) from 2024
Net Income
Up$17,791
Up $2,587 (+17%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $40,802
- Liabilities
- -
- Net assets
- $40,802
- Revenue
- $57,646
- Expenses
- $39,855
- Net income
- $17,791
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2025Detailed filing. Detailed filing data is available for this year. | $0.41 | $0.41 | $0.58 | $0.40 | $0.18 | |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.23 | $0.23 | $1.20 | $1.05 | $0.15 | |
| 2019Summary only. Only limited summary data is available for this year. | $0.02 | $0.08 | $0.06 | $0.02 | $0.03 | $0.00 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2024 to May 31, 2025
- Signed
- Oct 2, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $57,646
Mission and Program Overview
Mission
The mission of Invisible Book Bag Inc. IBB a 501c3 organization is to offer underserved communities services that enhance the lives of socially and economically disadvantaged youth through education athletics mentoring and social engagement in a safe and positive environment.
The mission of Invisible Book Bag Inc. IBB is to offer services to under-served communities enhancing the lives of socially and economically deprived youth through education athletics mentoring and social engagement in a safe and positive environment.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Thanksgiving Turkey Giveaway: We distributed turkeys boxed and canned goods for Thanksgiving to residents of Chicago and nearby suburbs. | $5,536 | $5,536 |
| Book Bag Boost: We distributed 300+ backpacks filled with grade-specific school supplies to K-12 students. Each backpack was customized to meet the academic requirements of its grade ensuring fair access to learning materials and aiding families in school year preparation. | $3,450 | $3,450 |
| Adopt A Family: We organized our yearly Christmas event in collaboration with Rush Hospital and Chase Bank to offer Christmas gifts and cheer to underprivileged families. The event took place at the Discover Center attended by all recipients who enjoyed food drinks and games. This initiative supported eligible residents based on income criteria. | $2,059 | $2,059 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Albert Sharp | CEO | PT | $0 | $4,800 | $4,800 |
| Retrinda Alley | Event Coordinator And Pr Rep | PT | $0 | $525 | $525 |
| Prebel Harris | CFO | PT | $0 | $430 | $430 |
| Stephanie Sharp | Executive Director | PT | $0 | - | - |
| Charles Tabb | COO | PT | $0 | - | - |
| Jackie Glover | Director Of Fundraising | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Invisible Book Bag Inc
- EIN
- 83-0560655
- Address
- 2908 W 83RD ST, CHICAGO, IL 60652
Signing Officer
- Name
- Stephanie Sharp
- Title
- Exectutive Director
- Phone
- 7734070398
- Signed
- 2025-10-02
Supplemental Narrative
Additional Explanations
Part I, line 16
“| Other Expenses:, Amount:| Travel, $1920| Insurance, $2377| Storage, $1982| Community Support Programs, $15120| Conferences conventions and meetings, $487| Fees State Fed and Bank, $147| Office Expenses, $2016| Misc, $76| Meals, $803|”
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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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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Other Expenses:, Amount:| Travel, $1920| Insurance, $2377| Storage, $1982| Community Support Programs, $15120| Conferences conventions and meetings, $487| Fees State Fed and Bank, $147| Office Expenses, $2016| Misc, $76| Meals, $803| |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
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| ReturnHeader/ReturnTs | 0 | 2025-10-01T10:32:57-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-05-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
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