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

Book' Em FY2020 filing

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Gives children books and volunteers to spark a love of reading. For fiscal year 2020 it reported $1.0M in revenue, $882K in expenses, and $393K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Nashville, TN
Website
www.bookem-kids.org
Filings
5 on file (2020–2020)
Revenue
$1.0MFY2020
Expenses
$882K
Net assets
$393K
People
21
Filings
5
Updates
0
More identity details & actions ⌄
EIN  58-2000621 Public charity (501(c)(3)) Nashville, TN
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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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 Di · $61K
Money in and out
$1.0M revenue, $882K expenses
Bottom line
93% program efficiency
Where the money goes · FY2020
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$882K
Pt IX · Ln 25
Net assets
$393K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $163K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.04 Fundraising $0.04
Program efficiency
93%
of spending reaches programs
Operating runway
3.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$1.0M
FY2020
Expenses
$882K
FY2020
Total assets
$394K
FY2020
Total liabilities
$313
FY2020
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$882K
Pt IX · Ln 25
Net assets
$393K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$163K
Total assetsPt X · Ln 16$394K
Program-expense ratioPt IX · col B93%
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 Di
$60,881Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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 $810K of program spending, described in the organization's own filed words · FY2020.
01

Books for nashville's kids provide books for children and teens in davidson county, who may not have books of their own, by giving books to more than 100 schools, nonprofits, government agencies and faith-based organizations that serve low-income families.

$679Kprogram expense
02

Reading is fundamental volunteers visit their assigned elementary classroom five times or more throughout the school year. During these visits, the volunteers read aloud to and interact with the children, then allow each child to select a new book to become their very own.

$119Kprogram expense
03

Ready for reading places reading volunteers in local preschools and elementary schools. These reading volunteers act as reading role models and read on a weekly or bi-weekly basis to small groups of children or on a one-on-one basis.

$12Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.0M · 100%
Investment income$7K · 1%
Contributions & grants100%$1.0M
Investment income1%$7K
Program service revenue$93
— government grantsLn 1e$9K
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.04 Fundraising $0.04
Program services93%$817K
Management & general4%$32K
Fundraising4%$33K
Total functional expensesLn 25$882K

Balance Sheet

Part X · end of year
CashLn 1$89K
Total assetsLn 16$394K
Total liabilitiesLn 26$313
Total net assetsLn 32$393K
Months of cash on handcomputed1.2

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $89K · Operating expenses (Pt IX) $882K · Less non-cash grants $547K · Cash operating expenses/yr $335K
3.2 months
Where the money goes
Program services
Program services $817K · Total expenses $882K
93%
Management & General
Management & general $32K · Total expenses $882K
4%
Fundraising
Fundraising $33K · Total expenses $882K
4%
Cost to raise $1
Fundraising expense $33K · Solicited contributions $1.0M
$0.03 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $1.0M · Total revenue $1.0M
100%
Government reliance
Government grants $9K · Total revenue $1.0M
0.9%
Earned-income share
Program service revenue $93 · Total revenue $1.0M
<0.01%
Investment reliance
Investment income $7K · Total revenue $1.0M
+0.7%
Program self-sufficiency
Program service revenue $93 · Total expenses $882K
0.01%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $393K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $882K
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $394K
Net-asset ratio
Net assets $393K · Total assets $394K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $394K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Melissa Spradlin · Reported title EXECUTIVE DI · Highest reported compensation $61K · Total expenses $882K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $187K · Total expenses $882K
21%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 4%
Fundraising cost ratio 3%
Legal fee ratio 0.7%
Accounting fee ratio 0.2%

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 · ⤓ 990 PDF
FY2023$918K revenue · ⤓ 990 PDF
FY2022$971K revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$1.0M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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