BOOKS BOOKS INC

EIN: 475285268 501(c)(3)

HAYMARKET, VA

Total Revenue
$50,000
Total Expenses
$51
Total Assets
$10
Net Assets
$10
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
VA
Principal Officer
ENOCH OKINE
Phone
5712741975
Tax Period
2019-01-01 to 2019-12-31

BOOKS BOOKS INC, founded in 2015, is a micro nonprofit that reported $15K in total revenue in fiscal year 2018. Revenue fell 86% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $15K, a strong 100% operating margin.

Mission

TO PROMOTE READING AND LEARNING IN GHANA PURPOSE IS TO SOLICIT BOOKS, SCHOOL SUPPLIES, EQUIPMENT AND FURNITURE AND DONATE TO NON-PROFIT SCHOOLS AND LIBRARIES IN GHANA.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $50,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $50,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $51
TOTAL EXPENSES $51

Year-over-Year Comparison

2019 2018 Change
Revenue $50,000 $15,200 +2.3%
Expenses $51 $71 -0.3%
Net Income $49,949 $15,129 +2.3%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
17

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ENOCH OKINE PRESIDENT 29.00
Officer Director
$0 $0 $0
KENNETH AMOO SECRETARY/TREASURY 10.00
Officer Director
$0 $0 $0
DR TETTEH ADDY DIRECTOR 10.00
Officer Director
$0 $0 $0
FLORENCE ARCHAMPONG DIRECTOR 10.00
Director
$0 $0 $0
NOBLE A DACOSTA DIRECTOR 10.00
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
2019 $50,000 $51 $10 $49,949
2018 $15,200 $71 $17,085 $15,129
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