BOOK INDUSTRY CHARITABLE FOUNDATION

EIN: 383279018 501(c)(3) Philanthropy & Grantmaking

ANN ARBOR, MI

Total Revenue
$1,378,582
Total Expenses
$1,603,118
Total Assets
$3,131,664
Net Assets
$2,920,113
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MI
Principal Officer
JONATHAN PUTNAM
Phone
7344774789
Tax Period
2025-01-01 to 2025-12-31

BOOK INDUSTRY CHARITABLE FOUNDATION, founded in 1996, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2025. Revenue decreased 20% compared to the prior year. Expenses of $1.6M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO STRENGTHEN THE BOOKSELLING COMMUNITY THROUGH CHARITABLE PROGRAMS THAT SUPPORT EMPLOYEES AND THEIR FAMILIES.

Program Service Accomplishments

Program 1
Expenses: $733,477

FINANCIAL ASSISTANCE AND DISASTER RELIEF PROGRAMS - SEE SCHEDULE 0

Program 2
Expenses: $127,265

PROFESSIONAL DEVELOPMENT SCHOLARSHIPS - THE FOUNDATION BELIEVES THAT THE FUTURE OF HEALTHY BOOKSTORES AND COMIC STORES LIES IN THE CONTINUING EDUCATION OF THE OWNERS AND EMPLOYEES. TO ENCOURAGE...

Read more

PROFESSIONAL DEVELOPMENT SCHOLARSHIPS - THE FOUNDATION BELIEVES THAT THE FUTURE OF HEALTHY BOOKSTORES AND COMIC STORES LIES IN THE CONTINUING EDUCATION OF THE OWNERS AND EMPLOYEES. TO ENCOURAGE FURTHER BUSINESS DEVELOPMENT AND CAREER GROWTH, THE FOUNDATION OFFERS SCHOLARSHIPS FOR SEVERAL PROFESSIONAL INDUSTRY EVENTS AND CERTIFICATE PROGRAMS. THE SCHOLARSHIPS ARE MERIT AND NEED-BASED.

Program 3
Expenses: $237,291

BINC TANK PILOT - THIS IS A THREE-YEAR PILOT PROGRAM DESIGNED AS A BUSINESS INCUBATOR FOCUSING ON HELPING ENTREPRENEURS OPEN BOOKSTORES IN UNDERSERVED MARKETS. THE THREE-YEAR PILOT PROGRAM EXPIRED...

Read more

BINC TANK PILOT - THIS IS A THREE-YEAR PILOT PROGRAM DESIGNED AS A BUSINESS INCUBATOR FOCUSING ON HELPING ENTREPRENEURS OPEN BOOKSTORES IN UNDERSERVED MARKETS. THE THREE-YEAR PILOT PROGRAM EXPIRED DURING THE YEAR ENDED DECEMBER 31, 2025. THE FOUNDATION BOARD IS CONSIDERING WHETHER AND HOW TO PROCEED WITH THE BUSINESS INCUBATOR PROJECT GOING FORWARD.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,281,328
Program Service Revenue $0
Investment Income $66,697
Other Revenue $30,557
TOTAL REVENUE $1,378,582

Expense Breakdown

Grants Paid $702,777
Salaries & Benefits $640,930
Fundraising Expenses $197,804
Program Expenses $1,120,683
Other Expenses $259,411
TOTAL EXPENSES $1,603,118

Year-over-Year Comparison

2025 2024 Change
Revenue $1,378,582 $1,715,694 -0.2%
Expenses $1,603,118 $1,690,112 -0.1%
Net Income $-224,536 $25,582 -9.8%
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

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
9
Volunteers
65

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
$142,771
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA FRENCH EXECUTIVE DI 40.00
Officer
$123,832 $18,939 $142,771
CHRIS MORROW PRESIDENT 1.00
Officer Director
$0 $0 $0
JONATHAN PUTNAM TREASURER 1.00
Officer Director
$0 $0 $0
ERIN COFFEY DIRECTOR 0.50
Director
$0 $0 $0
EILEEN DENGLER DIRECTOR 0.50
Director
$0 $0 $0
CHRISCYNETHIA FLOYD DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL JACOBS DIRECTOR 0.50
Director
$0 $0 $0
EMMA KAAS DIRECTOR 0.50
Director
$0 $0 $0
KUO-YU LIANG DIRECTOR 0.50
Director
$0 $0 $0
STEVEN MALK DIRECTOR 0.50
Director
$0 $0 $0
ANDY PERHAM DIRECTOR 0.50
Director
$0 $0 $0
KIMBERLY BROCK DIRECTOR 0.50
Director
$0 $0 $0
JAMES KILLEN DIRECTOR 0.50
Director
$0 $0 $0
PK SINDWANI DIRECTOR 0.50
Director
$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
2025 $1,378,582 $1,603,118 $3,131,664 $-224,536
2024 $1,715,694 $1,690,112 $2,999,745 $25,582
2023 $923,509 $1,353,420 $2,795,603 $-429,911
2022 $956,355 $1,132,141 $2,966,872 $-175,786
2021 $2,208,751 $2,265,342 $3,616,056 $-56,591
2020 $5,178,953 $3,592,125 $3,467,147 $1,586,828
2019 $626,199 $784,424 $1,801,473 $-158,225
2019 $626,199 $784,424 $1,801,473 $-158,225
2018 $512,022 $763,222 $1,750,563 $-251,200
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BOOK INDUSTRY CHARITABLE FOUNDATION with other nonprofits in Michigan and across the country.