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

Book' Em FY2021 filing

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Gives children books and volunteers to spark a love of reading. For fiscal year 2021 it reported $1.1M in revenue, $864K in expenses, and $633K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Nashville, TN
Website
www.bookem-kids.org
Filings
5 on file (2020–2021)
Revenue
$1.1MFY2021
Expenses
$864K
Net assets
$633K
People
24
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 FY2021 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 · $62K
Money in and out
$1.1M revenue, $864K expenses
Bottom line
91% program efficiency
Where the money goes · FY2021
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$864K
Pt IX · Ln 25
Net assets
$633K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $240K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.05 Fundraising $0.04
Program efficiency
91%
of spending reaches programs
Operating runway
12.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+22%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.1M
FY2021▲ +6%
Expenses
$864K
FY2021▼ -2%
Total assets
$633K
FY2021▲ +61%
Total liabilities
$0
FY2021▼ -100%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$864K
Pt IX · Ln 25
Net assets
$633K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$240K
Total assetsPt X · Ln 16$633K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418

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 1a18
Independent voting membersPt VI · Ln 1b18
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
$62,496Pt VII · Sec A
Non-Voting B
$0Pt VII · Sec A
Non-Voting B
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
Board Member
$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 $772K of program spending, described in the organization's own filed words · FY2021.
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.

$645Kprogram 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.

$118Kprogram 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.

$9Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.1M · 100%
Investment income$7K · 1%
Contributions & grants100%$1.1M
Investment income1%$7K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.05 Fundraising $0.04
Program services91%$785K
Management & general5%$41K
Fundraising4%$37K
Total functional expensesLn 25$864K

Balance Sheet

Part X · end of year
CashLn 1$201K
Total assetsLn 16$633K
Total liabilitiesLn 26$0
Total net assetsLn 32$633K
Months of cash on handcomputed2.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $201K · Operating expenses (Pt IX) $864K · Less non-cash grants $674K · Cash operating expenses/yr $190K
12.7 months
Where the money goes
Program services
Program services $785K · Total expenses $864K
91%
Management & General
Management & general $41K · Total expenses $864K
5%
Fundraising
Fundraising $37K · Total expenses $864K
4%
Cost to raise $1
Fundraising expense (2-yr avg) $35K · Solicited contributions (2-yr avg) $1.1M
$0.03 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.1M
100%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $0 · Total revenue $1.1M
0%
Investment reliance
Investment income $7K · Total revenue $1.1M
+0.6%
Program self-sufficiency
Program service revenue $0 · Total expenses $864K
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $1.0M
+6%
Net-asset trend (YoY)
End of year $633K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $864K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $633K
Net-asset ratio
Net assets $633K · Total assets $633K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $633K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Melissa Spradlin · Reported title EXECUTIVE DI · Highest reported compensation $62K · Total expenses $864K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $195K · Total expenses $864K
23%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 5%
Fundraising cost ratio 3%
Revenue growth 6%
Legal fee ratio 2%
Accounting fee ratio 0.4%

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 · viewing · ⤓ 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) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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