BURST INTO BOOKS (EIN 832040166) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

BURST INTO BOOKS, founded in 2018, is a small nonprofit in the Human Services sector that reported $417K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum.

Mission

COMMUNITY LITERACY OUTREACH TO DISADVANTAGED AND POOR COMMUNITIES IN THE STATE OF ILLINOIS

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $416,668

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $416,668

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,989

Fundraising Expenses $0

Program Expenses $382,045

Other Expenses $410,149

TOTAL EXPENSES $438,138

Year-over-Year Comparison

	2023	2022	Change
Revenue	$416,668	$305,335	+0.4%
Expenses	$438,138	$122,828	+2.6%
Net Income	$-21,470	$182,507	-1.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$26,000

Total Directors

$26,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUREMA GORHAM	EXECUTIVE DIRECTOR	20.00	Officer Director	$26,000	$0	$26,000
DANA WILLIAMSON	BOARD MEMBER	5.00	Officer Director	$0	$0	$0
KELLI HOBSON	BOARD MEMBER	5.00	Officer Director	$0	$0	$0
JILLIAN CAREW	BOARD MEMBER	5.00	Officer 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
2023	$416,668	$438,138	$28,904	$-21,470
2022	$305,335	$312,640	$50,374	$-7,305
2021	$261,415	$214,525	$57,679	$46,890

BURST INTO BOOKS