BELIEVE IN BOOKS LITERACY FOUNDATION (EIN 020513225) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

DANA BELCHER

Phone

6033569980

Tax Period

2023-09-01 to 2024-08-31

BELIEVE IN BOOKS LITERACY FOUNDATION, founded in 1998, is a small nonprofit in the Education sector that reported $664K in total revenue in fiscal year 2023. The organization ran a surplus of $286K, a strong 43% operating margin.

Mission

PROMOTION AND PROVISION OF LITERACY PROGRAMS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $44,170

Program Service Revenue $6,282

Investment Income $433

Other Revenue $613,457

TOTAL REVENUE $664,342

Expense Breakdown

Grants Paid $0

Salaries & Benefits $180,648

Fundraising Expenses $16,126

Program Expenses $240,302

Other Expenses $197,446

TOTAL EXPENSES $378,094

Year-over-Year Comparison

	2023	2022	Change
Revenue	$664,342	$667,900	0.0%
Expenses	$378,094	$418,043	-0.1%
Net Income	$286,248	$249,857	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

210

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$115,185

Total Directors

$115,185

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES HENDERSON	DIRECTOR	1.00	Director	$0	$0	$0
MADELAINE PLAUCHE	DIRECTOR	1.00	Director	$0	$0	$0
DANA BELCHER	CHAIR	1.00	Officer Director	$0	$0	$0
KEN LYDECKER	TREASURER	1.00	Officer Director	$0	$0	$0
MAUREEN CHAMBERLAIN	DIRECTOR	1.00	Director	$0	$0	$0
AO LUCY	EXEC. DIRECTOR	40.00	Officer Director	$107,307	$7,878	$115,185

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$664,342	$378,094	$3,656,693	$286,248
2023	$667,900	$418,043	$3,254,455	$249,857
2022	$-108,846	$339,942	$3,039,312	$-448,788
2021	$849,892	$515,471	$2,762,067	$334,421
2020	$489,231	$476,045	$2,552,168	$13,186

BELIEVE IN BOOKS LITERACY FOUNDATION