Book Em

EIN: 582000621 501(c)(3) Education

Nashville, TN

Total Revenue
$917,945
Total Expenses
$870,803
Total Assets
$686,231
Net Assets
$677,516
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
TN
Principal Officer
Melissa Spradlin
Phone
6152551820
Tax Period
2023-01-01 to 2023-12-31

Book Em, founded in 1991, is a small nonprofit in the Education sector that reported $918K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $871K left a modest 5% surplus.

Mission

BOOK'EM CREATES A MORE LITERATE NASHVILLE AND IGNITES CHILDREN'S PASSION FOR READING THROUGH BOOK OWNERSHIP AND ENTHUSIASTIC VOLUNTEERS. SEE SCHEDULE O. BOOK'EM ENVISIONS A FUTURE IN NASHVILLE WHERE ALL CHILDREN OWN BOOKS AND KNOW FIRST-HAND THE JOY AND VALUE OF READING.OUR HIGHEST PRIORITY IS SERVING NASHVILLE'S ECONOMICALLY DISADVANTAGED CHILDREN DURING THEIR PRESCHOOL AND ELEMENTARY SCHOOL YEARS. WE BELIEVE THAT DEVELOPING STRONG LITERACY SKILLS FROM AN EARLY AGE IS ESSENTIAL FOR ACADEMIC AND LIFELONG SUCCESS. BOOK'EM PROVIDES VITAL LITERACY SUPPORT IN THE FORM OF BOOKS AND READING ROLE MODELS, SO THAT NASHVILLE'S UNDER-SERVED CHILDREN CAN BUILD THEIR LITERACY SKILLS.-A SINGLE BOOK FOR A CHILD MAKES A DIFFERENCE.-OUR BOARD AND STAFF ARE ACTIVELY COMMITTED TO OUR MISSION.-DONORS OF BOOKS, TIME AND MONEY ARE ESSENTIAL TO OUR MISSION.-EFFICIENCY WILL BEST MEET OUR MISSION.-WORKING WITH OTHERS IN THE COMMUNITY MAKES US BETTER.

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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 (2023)

Revenue Breakdown

Contributions & Grants $901,822
Program Service Revenue $0
Investment Income $3,839
Other Revenue $12,284
TOTAL REVENUE $917,945

Expense Breakdown

Grants Paid $463,514
Salaries & Benefits $216,704
Fundraising Expenses $63,706
Program Expenses $708,356
Other Expenses $190,585
TOTAL EXPENSES $870,803

Year-over-Year Comparison

2023 2022 Change
Revenue $917,945 $970,966 -0.1%
Expenses $870,803 $937,234 -0.1%
Net Income $47,142 $33,732 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
14
Volunteers
275

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
6
$67,693
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melissa Spradlin Executive Dir. 50.00
Officer
$67,693 $0 $67,693
Michael Sheridan Past President 2.00
Officer Director
$0 $0 $0
Jennifer Chalos President 2.00
Officer Director
$0 $0 $0
Robert Martin Secretary 2.00
Officer Director
$0 $0 $0
Katlin Pendleton Treasurer 2.00
Officer Director
$0 $0 $0
Scott Craddock Past President 2.00
Officer Director
$0 $0 $0
Carolyn Morris Board Member 1.00
Director
$0 $0 $0
Elizabeth Atack Board Member 1.00
Director
$0 $0 $0
Lindsay Bryant Board Member 1.00
Director
$0 $0 $0
Charles Hannon Jr Board Member 1.00
Director
$0 $0 $0
Mara Harris Board Member 1.00
Director
$0 $0 $0
Andrei Javier Board Member 1.00
Director
$0 $0 $0
Christine Kaddaras Board Member 1.00
Director
$0 $0 $0
Lonnell Matthews Board Member 1.00
Director
$0 $0 $0
Heather Patchett Board Member 1.00
Director
$0 $0 $0
Sanju Pratap Board Member 1.00
Director
$0 $0 $0
Tim Thompson Board Member 1.00
Director
$0 $0 $0
Huy Tran Board Member 1.00
Director
$0 $0 $0
James Wildman Board Member 1.00
Director
$0 $0 $0
Lani Williams Board Member 1.00
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
2024 No data No data No data No data
2023 $917,945 $870,803 $686,231 $47,142
2022 $970,966 $937,234 $627,444 $33,732
2021 $1,103,877 $863,894 $633,279 $239,983
2020 $1,045,053 $882,413 $393,609 $162,640
2019 $642,054 $601,906 $235,234 $40,148
2018 $625,402 $633,886 $190,958 $-8,484
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