BELIEVE IN BOOKS LITERACY FOUNDATION

EIN: 020513225 501(c)(3) Education

INTERVALE, NH

Total Revenue
$664,342
Total Expenses
$378,094
Total Assets
$3,656,693
Net Assets
$2,752,041
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NH
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

THE BELIEVE IN BOOKS LITERACY FOUNDATION HAS A BROADENING MISSION TO ENHANCE THE QUALITY OF LIFE BY EDUCATION, PROMOTION, ENCOURAGEMENT AND AID TO THOSE OF ALL AGES IN THE APPRECIATION OF READING AND LITERATURE, MAKING A POSITIVE IMPACT ON LITERACY.

Program Service Accomplishments

Program 1
Expenses: $220,584

THE ORGANIZATION PROVIDES BOOKS THROUGH ITS BOOKBAG PROGRAM TO LOCAL ELEMENTARY AND PRE-SCHOOLS ALONG WITH OTHER READING RELATED PROGRAMS, SUCH AS ITS "BOOKS IN CHARACTERS" OUTREACH PROGRAM AND...

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THE ORGANIZATION PROVIDES BOOKS THROUGH ITS BOOKBAG PROGRAM TO LOCAL ELEMENTARY AND PRE-SCHOOLS ALONG WITH OTHER READING RELATED PROGRAMS, SUCH AS ITS "BOOKS IN CHARACTERS" OUTREACH PROGRAM AND "BOOKS FROM BIRTH" PROGRAM TO ENCOURAGE READING FROM EARLY CHILDHOOD THROUGH SCHOOL AND ADULTHOOD. ALSO, THE FOUNDATION FURTHERS ITS EXEMPT PURPOSE THROUGH ITS ANNUAL JOURNEY TO THE NORTH POLE EVENT. THIS EVENT STRIVES TO ENHANCE THE QUALITY OF LIFE AND DEVELOP THE IMAGINATION OF CHILDREN THROUGH THE ENACTMENT OF A CHILDREN'S CHRISTMAS BOOK. WHILE BRINGING TO LIFE THE POPULAR STORY, THE EVENT HELPS DEVELOP THE IMAGINATION OF THE PARTICIPANTS WHILE FOSTERING AN EXCITEMENT FOR READING.

Program 2

THE ORGANIZATION ISSUES GRANTS TO LOCAL ORGANIZATIONS THAT PROMOTE CHILDREN READING AND LITERACY PROGRAMS SO THAT THEIR GOAL OF REACHING AS MANY LOCAL CHILDREN AS POSSIBLE IS ACHEIVED. IN ADDITION...

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THE ORGANIZATION ISSUES GRANTS TO LOCAL ORGANIZATIONS THAT PROMOTE CHILDREN READING AND LITERACY PROGRAMS SO THAT THEIR GOAL OF REACHING AS MANY LOCAL CHILDREN AS POSSIBLE IS ACHEIVED. IN ADDITION THE ORGANIZATION ALSO PROVIDES COLLEGE SCHOLARSHIP MONIES FOR LOCAL STUDENTS INVOLVED IN LITERACY PROGRAMS.

Program 3
Expenses: $19,718 Revenue: $6,282

THE ORGANIZATION PUTS ON CHILDRENS THEATER PROGRAMS AND EVENTS THROUGHOUT THE YEAR TO PROMOTE THE ARTS AND PROVIDE LITERACY RELATED PROGRAMS FOR SCHOOL-AGE CHILDREN AS WELL AS PROVIDE A SET FOR THEIR...

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THE ORGANIZATION PUTS ON CHILDRENS THEATER PROGRAMS AND EVENTS THROUGHOUT THE YEAR TO PROMOTE THE ARTS AND PROVIDE LITERACY RELATED PROGRAMS FOR SCHOOL-AGE CHILDREN AS WELL AS PROVIDE A SET FOR THEIR ANNUAL "JOURNEY TO THE NORTH POLE" ENACTMENT. THE ORGANIZATION'S PROPERTY ALSO INCLUDES A PUBLIC HIKING TRAIL, AN EDUCATIONAL "STORYWALK" TRAIL, AS WELL AS AN EDUCATIONAL MAPLE SUGARING HOUSE WHERE CHILDRENS' GROUPS AND ADULTS CAN LEARN ABOUT THE HISTORY AND PROCESS OF MAPLE SUGARING IN NEW HAMPSHIRE.

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Trantor Score

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

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

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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
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Governance

Voting Members
5
Independent Members
5
Employees
15
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
3
$115,185
Total Directors
6
$115,185
Key Employees
0
$0
Highest Compensated
0
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
2025 No data No data No data No data
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
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