BERNIE'S BOOK BANK (EIN 270914453) - 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

2009

Legal Domicile

Principal Officer

KATHLEEN HOOPER

Phone

8477807323

Tax Period

2024-01-01 to 2024-12-31

BERNIE'S BOOK BANK, founded in 2009, is a community nonprofit in the Youth Development sector that reported $6.4M in total revenue in fiscal year 2024. Expenses of $5.7M left a modest 11% surplus.

Mission

BERNIE'S BOOK BANK IS A NONPROFIT ORGANIZATION FOUNDED IN 2009 THAT PROVIDES FREE QUALITY BOOKS FOR CHILDREN, AGES BIRTH THROUGH SIXTH GRADE, TO BUILD PERSONAL LIBRARIES. BERNIE'S BOOK BANK SOURCES, PROCESSES, AND DISTRIBUTES EIGHT BOOKS ANNUALLY TO CHILDREN AT TITLE 1 SCHOOLS AND EARLY CHILDHOOD PROGRAMS. SINCE 2009 BERNIE'S BOOK BANK HAS DISTRIBUTED OVER 29 MILLION FREE CHILDREN'S BOOKS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $6,330,838

Program Service Revenue $0

Investment Income $52,467

Other Revenue $-23,643

TOTAL REVENUE $6,359,662

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,055,082

Fundraising Expenses $559,072

Program Expenses $4,479,005

Other Expenses $3,629,769

TOTAL EXPENSES $5,684,851

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,359,662	$6,033,331	+0.1%
Expenses	$5,684,851	$5,896,740	0.0%
Net Income	$674,811	$136,591	+3.9%

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

26000

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

$470,960

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIN KIRCHNER	BOARD CHAIR	6.00	Officer Director	$0	$0	$0
KRISTIE STEGEN	VICE CHAIR	6.00	Officer Director	$0	$0	$0
NICK JONES	FINANCE CHAIR	6.00	Officer Director	$0	$0	$0
JEFF BURTELOW	SECRETARY	3.00	Officer Director	$0	$0	$0
TINA ALLEN	DIRECTOR	1.00	Director	$0	$0	$0
ROB ARMSTRONG	DIRECTOR	1.00	Director	$0	$0	$0
DAVID CARLSON	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS CHERIYAN	DIRECTOR	1.00	Director	$0	$0	$0
DANIELLE DUMERER	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE GRAHAM	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE JAGIELSKI	DIRECTOR	1.00	Director	$0	$0	$0
VIPA-KAMDAR COLLINS	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK MANNELLY	DIRECTOR	1.00	Director	$0	$0	$0
PHIL MENZEL	DIRECTOR	1.00	Director	$0	$0	$0
USHA PATIL	DIRECTOR	1.00	Director	$0	$0	$0
AL ROSS	DIRECTOR	1.00	Director	$0	$0	$0
AMY THERING	DIRECTOR	1.00	Director	$0	$0	$0
LYNN VAN CLEAVE	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW WEIL	DIRECTOR	1.00	Director	$0	$0	$0
TANUSREE MISRA	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN FLORIANI	FOUNDER	40.00	Officer	$176,278	$17,071	$193,349
DARRIN UTYNEK	CHIEF EXECUTIVE OFFICER (THRU 6/24)	40.00	Officer	$125,228	$1,800	$127,028
KRISTEN DANIELS	EXECUTIVE DIRECTOR	40.00	Officer	$148,616	$1,967	$150,583

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	$6,359,662	$5,684,851	$7,667,826	$674,811
2023	$6,033,331	$5,896,740	$7,023,004	$136,591
2022	$5,790,172	$5,336,476	$7,083,176	$453,696
2021	$5,338,491	$4,177,575	$4,290,880	$1,160,916
2020	$4,899,035	$4,701,028	$3,547,957	$198,007
2019	$5,523,392	$6,487,942	$3,075,628	$-964,550
2018	$6,224,528	$6,097,108	$3,945,008	$127,420
2017	$5,026,474	$5,749,763	$3,735,143	$-723,289

BERNIE'S BOOK BANK