Book' Em EIN 58-2000621 Form 990 (PDF) Claim this org

Book' Em

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Gives children books and volunteers to spark a love of reading. For fiscal year 2024 it reported $729K in revenue, $844K in expenses, and $570K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Nashville, TN
Website
www.bookem-kids.org
Filings
5 on file (2020–2024)
Revenue
$729KFY2024
Expenses
$844K
Net assets
$570K
People
25
Filings
5
Updates
0
More identity details & actions ⌄
EIN  58-2000621 Public charity (501(c)(3)) Nashville, TN
Form 990 (PDF)
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Size
$100K–1M
What they do
Gives children books and volunteers to spark a love of reading.
Leadership
Melissa Spradlin · Executive Dir. · $72K
Money in and out
$729K revenue, $844K expenses
Bottom line
81% program efficiency
Where the money goes · FY2024
Total revenue
$729K
Pt VIII · Ln 12
Total expenses
$844K
Pt IX · Ln 25
Net assets
$570K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$115K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.15 Fundraising $0.04
Program efficiency
81%
of spending reaches programs▼ -0.7% vs prior filing year
Operating runway
8.8mo
months of highly liquid reserves at operating expense rate▼ -30% vs prior filing year
Surplus margin
-16%
revenue over expenses, this year▼ -406% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$729K
FY2024▼ -21%
Expenses
$844K
FY2024▼ -3%
Total assets
$595K
FY2024▼ -13%
Total liabilities
$25K
FY2024▲ +184%
Total revenue
$729K
Pt VIII · Ln 12
Total expenses
$844K
Pt IX · Ln 25
Net assets
$570K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$115K
Total assetsPt X · Ln 16$595K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBook' Em
EINHdr · item D58-2000621
Principal addressHdr · item CNashville, TN
WebsiteHdr · item Jwww.bookem-kids.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B92Z)
Ruling yearIRS BMFJun 1992

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$71,960Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Melissa Spradlin’s $72K as Executive Dir. is at the 64th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Melissa Spradlin$71,960$67,693
Melissa Spradlin$64,407$62,496$60,881

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $635K of program spending, described in the organization's own filed words · FY2024.
01

Books for nashville's kids (BFNK)- through our books for nashville's kids program, book'em provided 83,000 books to economically disadvantaged youth ages 0-18 living in davidson county in 2024. We partnered with 180 different groups in the community to get books into the hands of youth who needed and wanted them.

$471Kprogram expense
02

Reading is fundamental (rif) program- rif builds under-served and underprivileged children's literacy skills, which are essential for academic success. Elementary children select books for themselves to cherish, enjoy and build their home libraries.

$131Kprogram expense
03

Book Bus

In 2022, parnassus books donated their small book bus to book'em. We renovated and updated the bus and developed a new book bus program which launched late 2023. This provides the means to reach more youth by going to where they are and allowing them to participate in special programming and selected books through a novel venue.

$33Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$694K · 95%
Other revenue$30K · 4%
Investment income$5K · 1%
Contributions & grants95%$694K
Other revenue4%$30K
Investment income1%$5K
Total revenueLn 12$729K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.15 Fundraising $0.04
Program services81%$682K
Management & general15%$125K
Fundraising4%$37K
Total functional expensesLn 25$844K

Balance Sheet

Part X · end of year
CashLn 1$375K
Total assetsLn 16$595K
Total liabilitiesLn 26$25K
Total net assetsLn 32$570K
Months of cash on handcomputed5.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $455K · Operating expenses (Pt IX) $844K · Less non-cash grants $224K · Cash operating expenses/yr $620K
8.8 months
Where the money goes
Program services
Program services $682K · Total expenses $844K
81%
Management & General
Management & general $125K · Total expenses $844K
15%
Fundraising
Fundraising $37K · Total expenses $844K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $47K · Solicited contributions (3-yr avg) $850K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $694K · Total revenue $729K
95%
Government reliance
Government grants — · Total revenue $729K
Earned-income share
Program service revenue $0 · Total revenue $729K
0%
Investment reliance
Investment income $5K · Total revenue $729K
+0.7%
Program self-sufficiency
Program service revenue $0 · Total expenses $844K
0%
Growth & trend
Revenue growth (YoY)
This year $729K · Prior year $918K
-21%
Revenue CAGR
FY2020 $1.0M · FY2024 $729K
-9%
Net-asset trend (YoY)
End of year $570K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $729K · Expenses $844K
-16%
Liabilities-to-Assets
Total liabilities — · Total assets $595K
Net-asset ratio
Net assets $570K · Total assets $595K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $80K · Total assets (Pt X, ln 16) $595K
13%
People & payroll
Highest Reported Total Compensation
Individual Melissa Spradlin · Reported title Executive Dir. · Highest reported compensation $72K · Total expenses $844K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $249K · Total expenses $844K
30%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 15%
Fundraising cost ratio 5%
Revenue growth -21%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Paos FoundationFY2024$10K
Total grants receivedfrom 4 funders$81K
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$729K revenue · viewing · ⤓ 990 PDF
FY2023$918K revenue · ⤓ 990 PDF
FY2022$971K revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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