Small Press Distribution INC FY2020 filing

Berkeley, CAUnknown exempt organizationEIN 94-3042614Revenue $1.4M in FY2020

On file with the IRSspdbooks.org1341 7th Street · Berkeley, CA

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SPD distributes printed literary books to the book trade on behalf of our nearly 400 member publishers.

78¢ of each $1 spent went to programs.
$186K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $95K a year · 8% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$186K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $27K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$542K
68% of total assets
Worth a look: liabilities are 68% of assets; over 65%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
Spent
$1.4M
To programs
78%
Net assets
$254K
By yearFY2020–FY2025
Revenue
$1.4M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$1.3M
FY2022$1.1M
FY2023$1.2M
FY2024$621K
FY2025$30K
Expenses
$1.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$1.3M
FY2022$1.3M
FY2023$1.3M
FY2024$886K
FY2025Not on file
Net assets
$254K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$254K
FY2021$221K
FY2022$18K
FY2023−$52K
FY2024−$317K
FY2025−$453K

From the FY2020 Form 990 (year ending June 2020) · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $1.1M Management & general 12% · $161K Fundraising 10% · $138K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $186K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Dir.
$93,047Pt VII · Sec A
$92,574Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kent Watson$121,662$75,009———
Cindy Myers—$72,150$101,680——
Brent Cunningham———$98,061$93,047
Jeffrey Lependorf————$92,574
Andrew Pai—$66,523———

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Distributes printed literary books to the book trade for member publishers.

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Provided by the organization

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3 programs · $1.1M · in their own filed words · FY2019
01

Warehouse and Fulfillment Services for Independent Literary Presses: this includes "picking, packing and shipping" some 300,000 books a year from our warehouse while receiving more than 1,000 new titles to inventory each year, plus maintaining customer service, billing, and other bookkeeping services for those sales.

$515Kprogram expense
02

Marketing and Publisher Relations for Independent Literary Presses: includes issuing reports and tracking fulfillment rates for ~350 independent literary publishers, maintaining a website that receives 20,000+ unique visitors a month, producing marketing material, such as our SPD Recommends bi-weekly email of new titles sent to…

$471Kprogram expense
03

Community Outreach Programming

this includes non-fundraising events and programs, including outreach events and ongoing programs such as the Poetry Trading Post, which gives out free books in exchange for poems written on the spot at various locations and tradeshows, as well as an array of book clubs, classroom visits, educational programs, and literary readings…

$68Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
New Israel FundFY2023$10K
Total grants receivedfrom 4 funders$27K
See all 4 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Fees for servicesLn 2g$979K
Gifts and grantsLn 1h$469K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.1M
Managementcol C$161K
Fundraisingcol D$138K
Owns and owesPt X
$254K
net assets · Ln 32
Cash and savingsLn 1–2$397K
Total assetsLn 16$795K
LiabilitiesLn 26$542K
PeoplePt VI, VII
15
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$469K
Government grantsLn 1e$273K
Fees for servicesLn 2g$979K
Gains on assetsLn 7$0
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$397K
SavingsLn 2$0
Cash and savings togetherLn 1–2$397K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$795K
LiabilitiesLn 26$542K
Net assetsLn 32$254K
OperationsPt I, VI
EmployeesI 517
VolunteersI 616
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$136K$397K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$801K$795K
LiabilitiesLn 26$641K$542K
Net assetsLn 32$160K$254K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$177K$97K$18K$62K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$522K$421K$66K$36K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$48K$35K$6K$7K
Payroll taxesLn 10$48K$35K$6K$7K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$9K$9K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$6K$4K$669$782
Advertising and promotionLn 12$21K$16K$3K$3K
Office expensesLn 13$57K$43K$7K$8K
Information technologyLn 14$57K$42K$7K$8K
RoyaltiesLn 15$0
OccupancyLn 16$123K$115K$4K$4K
TravelLn 17$8K$6K$982$1K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$6K$6K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$21K$19K$2K$694
Other expenses (24a–d)Ln 24$251K$216K$34K$1K
All other expensesLn 24e$0
Total functional expensesLn 25$1.4M$1.1M$161K$138K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $30K−$453K 990 PDF
FY2024 $621K$886K−$265K−$317K 990 PDF
FY2023 $1.2M$1.3M−$71K−$52K 990 PDF
FY2022 $1.1M$1.3M−$203K$18K 990 PDF
FY2021 $1.3M$1.3M−$33K$221K 990 PDF
FY2020 Viewing $1.4M$1.4M$94K$254K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,447,743 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $134,947$468,691
I-9 Program service revenuePrior year $1,103,986$979,052
I-10 Investment income$0
I-11 Other revenuePrior year $27,939$0
I-12 Total revenuePrior year $1,266,872$1,447,743
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $759,208$794,133
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $579,058$559,944
I-18 Total expensesPrior year $1,338,266$1,354,077
I-19 Revenue less expensesPrior year −$71,394$93,666
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,447,743 across 10 lines filed
VIII-1e Government grants$273,044
VIII-1f All other contributions, gifts and grants$195,647
VIII-1h Total contributions, gifts and grants$468,691
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $979,052$979,052
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $979,052$1,447,743
Part IX · Statement of functional expenses $1,354,077 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $97,227 · Management $17,806 · Fundraising $61,788$176,821
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $420,579 · Management $65,792 · Fundraising $35,536$521,907
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $34,643 · Management $5,988 · Fundraising $7,194$47,825
IX-10 Payroll taxesPrograms $35,210 · Management $5,710 · Fundraising $6,660$47,580
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $8,650$8,650
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $4,126 · Management $669 · Fundraising $782$5,577
IX-12 Advertising and promotionPrograms $15,874 · Management $2,574 · Fundraising $3,003$21,451
IX-13 Office expensesPrograms $42,616 · Management $6,684 · Fundraising $7,587$56,887
IX-14 Information technologyPrograms $42,436 · Management $6,881 · Fundraising $8,029$57,346
IX-15 Royalties$0
IX-16 OccupancyPrograms $115,306 · Management $3,700 · Fundraising $4,316$123,322
IX-17 TravelPrograms $6,055 · Management $982 · Fundraising $1,145$8,182
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $6,314$6,314
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $18,528 · Management $1,712 · Fundraising $694$20,934
IX-24 Other expenses (24a–d)Programs $215,570 · Management $34,238 · Fundraising $1,473$251,281
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $1,054,484 · Management $161,386 · Fundraising $138,207$1,354,077
Part X · Balance sheet $795,280 assets, 21 lines filed
Asset lines not itemized here account for $9,715; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $136,021$397,136
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivableStart of year $7,550$2,800
X-4 Accounts receivableStart of year $611,784$385,268
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $13,531$361
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $800,886$795,280
X-17 Accounts payable and accrued expensesStart of year $583,476$470,335
X-19 Deferred revenueStart of year $57,308$61,177
X-25 Other liabilities$10,000
X-26 Total liabilitiesStart of year $640,784$541,512
X-27 Net assets without donor restrictionsStart of year $160,102$228,768
X-28 Net assets with donor restrictions$25,000
X-32 Total net assets or fund balancesStart of year $160,102$253,768
X-33 Total liabilities and net assetsStart of year $800,886$795,280
Part XI · Reconciliation of net assets $253,768 net assets at year end
XI-1 Total revenue$1,447,743
XI-2 Total expenses$1,354,077
XI-3 Revenue less expenses$93,666
XI-4 Net assets at start of year$160,102
XI-10 Net assets at end of year$253,768

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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