Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Promising Pages Inc, founded in 2011, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 10% surplus.
Promising Pages is The Charlotte Area Book Bank! Our mission is to collect new and donated books and share them with children living in the Charlotte Area Book Desert: those with few, if any, books at home. We work to create a culture of book sharing and ownership. We envision a world where all children have home libraries of self-selected books, can see themselves reflected in the books they read, and have made reading a joyful habit for a lifetime.
During the 20242025 fiscal year, Promising Pages increased access to free, high-quality childrens books for children and families facing barriers to book ownership. The organization shared 265,134...
During the 20242025 fiscal year, Promising Pages increased access to free, high-quality childrens books for children and families facing barriers to book ownership. The organization shared 265,134 books with 54,009 children and 197 community partners, reaching 27 zip codes across 13 counties and operating 32 Reading Resource Centers in community-based locations. Since its founding in 2012, Promising Pages has shared more than 2 million books, helping children build home libraries and positive attitudes towards books and reading.Promising Pages Book Access System ensures families can find free books where they live, play, and learn through multiple coordinated programs. Books on Break, an evidence-based summer reading program, provided 71,320 books through 23 free school book fairs, enabling 12,705 PreK5th grade students to choose five books each to take home for the summer. School partner surveys reported that 100% of participating schools observed increased excitement around reading, viewed the program as important in preventing summer learning loss, and had no alternative source of summer reading books for students.The Bookseed program partnered with affordable housing communities to help 1,365 children build self-selected home libraries of 25 free books, while expanding to six new communities for a total of 15 Bookseed sites. Promising Pages also strengthened community infrastructure by establishing 16 new Reading Resource Centers, expanding the total to 32, and connecting families to more than 20 literacy-focused organizations through on-site and digital resources. Through the Community Partner Program, Promising Pages provided $672,453 worth of free books, saving partner organizations significant program costs and enabling them to better serve children and families. The Feed the Body, Feed the Mind program reached 5,409 students by distributing 15,458 books alongside food through partnerships with five food pantry locations. Program delivery was supported by 4,862 volunteer hours, amplifying community investment and operational efficiency.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,199,100 | $1,031,933 | +0.2% |
| Expenses | $1,077,687 | $747,449 | +0.4% |
| Net Income | $121,413 | $284,484 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kelly Cates | Executive Dir. | 40.00 |
Officer
|
$55,374 | $4,290 | $59,664 |
| Nicole Arcodia | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Isaac Oyer | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Amy Murphy Curlis | Chairman | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Deanna Fayed | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Carol Rego | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Nepherterra Estrada Best | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Raquel Tillman | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Sally Holmes | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Matthew Susong | Past Chair | 5.00 |
Director
|
$0 | $0 | $0 |
| Ashley Durbin | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Chris Turner | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Marcy Neale | Past Chair | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Maren McGrane | Vice Chair | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,199,100 | $1,077,687 | $475,531 | $121,413 |
| 2024 | No data | No data | No data | No data |
| 2023 | $909,239 | $1,151,756 | $71,201 | $-242,517 |
| 2022 | $1,031,595 | $954,574 | $302,065 | $77,021 |
| 2021 | $235,740 | $266,385 | $128,567 | $-30,645 |
| 2020 | $233,208 | $220,082 | $156,075 | $13,126 |
| 2018 | $219,388 | $204,198 | $142,176 | $15,190 |
| 2017 | $234,904 | $182,448 | $126,986 | $52,456 |
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