BERNIE'S BOOK BANK

EIN: 270914453 501(c)(3) Youth Development

LAKE BLUFF, IL

Total Revenue
$6,359,662
Total Expenses
$5,684,851
Total Assets
$7,667,826
Net Assets
$5,422,705
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
IL
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 SOURCES, PROCESSES AND DISTRIBUTES QUALITY NEW AND GENTLY USED CHILDREN'S BOOKS TO INCREASE BOOK OWNERSHIP AMONG CHILDREN THROUGHOUT UNDERSERVED COMMUNITIES IN CHICAGO AND THE SIX SURROUNDING COUNTIES, AS WELL AS IN PARTNERSHIP WITH MILWAUKEE PUBLIC SCHOOLS.

Program Service Accomplishments

Program 1
Expenses: $4,479,005 Revenue: $0

BERNIE'S BOOK BANK SOURCES, PROCESSES AND DISTRIBUTES QUALITY NEW AND GENTLY USED CHILDREN'S BOOKS TO SIGNIFICANTLY INCREASE BOOK OWNERSHIP AMONG UNDER-SERVED INFANTS, TODDLERS AND SCHOOL-AGE...

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BERNIE'S BOOK BANK SOURCES, PROCESSES AND DISTRIBUTES QUALITY NEW AND GENTLY USED CHILDREN'S BOOKS TO SIGNIFICANTLY INCREASE BOOK OWNERSHIP AMONG UNDER-SERVED INFANTS, TODDLERS AND SCHOOL-AGE CHILDREN. BERNIE'S BOOK BANK HAS SOURCED, PROCESSED AND DISTRIBUTED MORE THAN APPROXIMATELY 29 MILLION QUALITY CHILDREN'S BOOKS SINCE DECEMBER 2009.BERNIE'S BOOK BANK PERFORMS THREE FUNCTIONS EXCEPTIONALLY WELL:(1) WE SOURCE QUALITY NEW AND GENTLY USED CHILDREN'S BOOKS THROUGH PARTNERSHIPS WITH SCHOOLS, BUSINESSES, BOOK PUBLISHERS AND DISTRIBUTORS. BERNIE'S BOOK BANK MANAGES THE COLLECTION PROCESS, TAKING THE BURDEN OFF OF SCHOOLS AND ORGANIZATIONS, AND MAXIMIZING THE DONATIONS OF QUALITY BOOKS.(2) WE PROCESS BOOKS IN OUR PROCESSING CENTER WITH THE HELP OF A LARGE POOL OF VOLUNTEERS (INDIVIDUALS, COMMUNITY SERVICE & CORPORATE GROUPS). EACH BOOK IS REVIEWED FOR QUALITY, SORTED INTO AGE-APPROPRIATE READING LEVELS, "FINGERPRINTED" WITH THE BERNIE'S BOOK BANK STICKER, AND PLACED INTO A DISTRIBUTION-READY BAG OF EIGHT BOOKS. (3) BERNIE'S BOOK BANK DISTRIBUTES BAGS OF BOOKS TO LARGE POPULATIONS OF UNDER-SERVED CHILDREN PRIMARILY THROUGH IDENTIFIED SCHOOLS (BASED ON FREE AND REDUCED LUNCH PERCENTAGES) AND WIC (WOMEN INFANT CHILDREN) PROGRAMS. EACH CHILD SERVED RECEIVES A MINIMUM OF 8 BOOKS PER YEAR, EVERY YEAR, UNTIL THE CHILD COMPLETES 6TH GRADE; CREATING A CONTINUUM OF DISTRIBUTION FROM BIRTH THROUGH 6TH GRADE.CURRENTLY, BERNIE'S BOOK BANK SERVES MORE THAN 315,000 CHILDREN IN CHICAGOLAND AND THE GREATER MILWAUKEE AREA FROM BIRTH THROUGH 6TH GRADE WITH 8 QUALITY BOOKS EVERY YEAR.DURING 2024, BERNIE'S BOOK BANK PROCURED, PROCESSED, AND DISTRIBUTED 2.5 MILLION BOOKS. THIS RESULTED IN NEARLY 30,000 VOLUNTEER HOURS AND ALLOWED US TO CELEBRATE DISTRIBUTING OUR 29TH MILLIONTH BOOK SINCE OUR FOUNDING IN 2009!WE CONTINUED OUR EXPANSION EFFORT INTO MILWAUKEE BY DISTRIBUTING BOOKS TO TWICE AS MANY ELIGIBLE CHILDREN AS IN YEARS PAST (60 MILWAUKEE PUBLIC SCHOOLS, UP FROM 30).

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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 (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
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
46
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
7
$470,960
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
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
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