BOOKS ALOUD INC

EIN: 237317533 501(c)(3)

SAN JOSE, CA

Total Revenue
$224,338
Total Expenses
$223,277
Total Assets
$45,775
Net Assets
$45,775
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
CA
Phone
4088881466
Tax Period
2019-07-01 to 2020-06-30

BOOKS ALOUD INC, founded in 1973, is a small nonprofit that reported $224K in total revenue in fiscal year 2019.

Mission

OUR MISSION IS TO IMPROVE THE QUALITY OF LIFE FOR PEOPLE UNABLE TO BENEFIT DIRECTLY FROM THE PRINTED PAGE, BY PROVIDING A SERVICE TO STIMULATE MINDS, STIR EMOTIONS, AND FOSTER INDEPENDENCE THROUGH OUR "READING BY LISTENING" PROGRAM.

Program Service Accomplishments

Program 1
Expenses: $200,949

THE PROGRAM SERVICE ACTIVITY PROVIDED BY BOOKS ALOUD, INC. IS A FREE LENDING LIBRARY OF BOOKS RECORDED BY VOLUNTEER VOICES DIGITALLY AND TRANSFERRED ONTO CASSETTE TAPES, CDS, AND NOOK COLOR TABLETS...

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THE PROGRAM SERVICE ACTIVITY PROVIDED BY BOOKS ALOUD, INC. IS A FREE LENDING LIBRARY OF BOOKS RECORDED BY VOLUNTEER VOICES DIGITALLY AND TRANSFERRED ONTO CASSETTE TAPES, CDS, AND NOOK COLOR TABLETS FOR THOSE WHO CAN READ ONLY BY LISTENING, THE BLIND AND DISABLED. DURING THE FISCAL YEAR ENDED JUNE 30, 2016, 204 NEW RECORDED BOOK TITLES WERE ADDED TO THE LIBRARY. A SELECTION COMMITTEE OF VOLUNTEERS MET REGULARLY TO PLAN FOR EXCELLENCE IN BOOK MATERIAL. 3,934 ALBUMS WERE IN CIRCULATION DURING THIS FISCAL YEAR, PROVIDING AN AVEAGE OF 31,504 LISTENING HOURS PER MONTH. THE AVERAGE BOOK RECORDED BY VOLUNTEERS IS FROM 200 TO 400 PAGES AND TAKES ABOUT FOUR TO TWELVE CASSETTES TO RECORD. STAFF AND VOLUNTEERS DUPLICATE EACH MASTER TAPE, SO THAT MANY ALBUMS OF THE BOOK ARE AVAILABLE FOR CIRCULATION. TAPES OR CDS ARE MAILED OUT FOR 30 TO 90 DAYS TO A CLIENT. CLIENT FILES ARE MAINTAINED TO RECORD PREFERENCE TO TYPE OF BOOKS, BOOK REQUESTS AND OTHER INFORMATION IN ORDER TO SERVICE EACH CLIENT INDIVIDUALLY. IN ADDITION, MANY SCHOOLS, HOSPITALS AND SENIOR CITIZEN FACILITIES AND ORGANIZATIONS USE THESE SERVICES. THIS YEAR 76 MINI-SATELLITE LIBRARIES WERE SERVICED IN COLLABORATION WITH SENIOR HOMES AND 61 SPECIAL EDUCATION CLASSES IN SANTA CLARA COUNTY SCHOOL SYSTEMS. HOME DELIVERIES CONTINUE BY STAFF AND VOLUNTEERS USING PERSONAL DELIVERY VEHICLES. WHILE CLIENTS ARE MAINLY LOCATED IN CALIFORNIA [30%] OF THE RECORDED BOOKS ARE LOANED TO CLIENTS OUT-OF-STATE. THE LION CLUB'S MONTHLY MAGAZINE IS RECORDED AND SENT TO AN AVERAGE OF 68 BLIND MEMBERS OF LIONS CLUBS IN THE UNITED STATES, CANADA AND FOUR OTHER COUNTRIES. IN THIS FISCAL YEAR, THE VOLUNTEER VOICES ALSO RECORDED THE MANY COMMUNITY SERVICE MATERIALS FOR THE CITY OF SAN JOSE, THE COUNTY OF SANTA CLARA, VARIOUS COMMUNITY SERVICE ORGANIZATIONS AND ART AGENCIES FOR DISTRIBUTION TO BLIND AND DISABLED PERSONS. AN AVERAGE OF 63 VOLUNTEERS ASSIST THE STAFF EVERY MONTH WITH THE WORK OF THE PROGRAM, RANGING FROM CATALOGING, CIRCULATION, EDITING, REPAIR, MAILING AND MAKING LABELS IN BRAILE FOR THE CASSETTES AND ALBUMS. AN AVERAGE OF 67 INDIVIDUALS RECORD THE BOOKS, MAGAZINES AND CITY AND COUNTY INFORMATIONAL MATERIALS IN THE RECORDING BOOTH EVERY MONTH. PORTABLE TAPE PLAYERS ARE AVAILABLE TO LOAN TO CLIENTS. GOVERNMENT SUPPORT IS REALIZED BY THE PROVISIONS OF USPS FREE MATTER FOR THE BLIND MAILING AND THE USE OF OCCUPANCY AND DELIVERY BY THE SAN JOSE PUBLIC LIBRARY. THIS YEAR THE "SIGHT & SOUND" PROJECT WAS ENLARGED DUE TO REQUESTS FROM PARENTS AND TEACHERS OF THE LEARNING DISABLED AND DISLEXIC STUDENTS. THE AUDIO BOOK ALONG WITH THE PRINTED BOOK IS SENT TO THIS CLASSIFICATION OF CLIENTS, THEREBY INCREASING THEIR ABILITY OF BECOMING "READERS." WE CURRENTLY HAVE OVER 1,200 KITS. DUE TO THE AVAILABILITY OF COMMERCIALLY RECORDED AUDIO BOOKS, WE NOW HAVE AN EVEN GREATER NUMBER OF TITLES FOR OUR DISABLED CLIENTS. COMMERCIALLY RECORDED BOOKS HAVE BEEN DONATED TO BOOKS ALOUD, WHICH IN TURN, ARE ASSEMBLED AND PLACED IN THE COLLECTION AND AVAILABLE FOR DISTRIBUTION TO OUR CLLIENTS. THIS YEAR WE PLACED MORE COMMERCIALLY RECORDED ALBUMS IN OUR COLLECTION. WE ARE CONTINUING OUR PILOT PROGRAM OF PROVIDING OUR RECORDED BOOKS ON THE NOOK COLOR TABLET AND PLACED THEM IN SPECIAL NEEDS CLASSROOMS. FEEDBACK FROM THE TECHERS CONTINUES TO BE VERY ENCOURAGING AS THE STUDENTS ARE EXCITED TO BE ABLE TO HAVE CURRENT TECHNOLOGY IN THE CLASSROOMS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $224,311
Program Service Revenue $0
Investment Income $27
Other Revenue $0
TOTAL REVENUE $224,338

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,356
Fundraising Expenses $11,160
Program Expenses $200,949
Other Expenses $139,921
TOTAL EXPENSES $223,277

Year-over-Year Comparison

2019 2018 Change
Revenue $224,338 $228,028 0.0%
Expenses $223,277 $268,443 -0.2%
Net Income $1,061 $-40,415 -1.0%
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
7
Independent Members
N/A
Employees
2
Volunteers
N/A

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
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY FLYNN N/A 0.00
$40,827 $0 $40,827
JOHN LEVERTON N/A 0.00
$23,336 $0 $23,336
ANDY NGUYEN N/A 0.00
$11,400 $0 $11,400
ED PANSULLO Chairman 0.00
Director
$0 $0 $0
STEVE CORNELIUS Director 0.00
Director
$0 $0 $0
BARBARA LEDWELL Director 0.00
Director
$0 $0 $0
NANCY CONSENTINO Executive Dir. 0.00
Officer
$0 $0 $0
BOBBIE DAVIS Secretary 0.00
Officer
$0 $0 $0
SHARON SMITH Treasurer 0.00
Officer
$0 $0 $0
JOHN LEVENTON Director 0.00
Officer
$0 $0 $0
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
2020 $224,338 $223,277 $45,775 $1,061
2019 $228,028 $268,443 $55,804 $-40,415
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