The Childrens Book Bank is located in Portland, OR. The organization was established in 2008. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Childrens Book Bank employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Book Bank is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Childrens Book Bank generated $944.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 9.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE THE CHANCES FOR CHILDREN TO SUCCEED AS FUTURE READERS, LEARNERS, AND CITIZENS BY FILLING THEIR HOMES WITH QUALITY BOOKS
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECT AND DISTRIBUTE NEW AND USED BOOKS TO LOW-INCOME FAMILIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Phelps Interim Executive Director | Officer | 40 | $46,613 |
Danielle Swope Executive Director | Officer | 40 | $10,711 |
Beth Daniels Chair | OfficerTrustee | 1 | $0 |
Craig Rusch Director | Trustee | 1 | $0 |
Jeni Geiger-Douglas Director | Trustee | 1 | $0 |
Adam Salazar Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $20,000 |
All other contributions, gifts, grants, and similar amounts not included above | $923,863 |
Noncash contributions included in lines 1a–1f | $339,988 |
Total Revenue from Contributions, Gifts, Grants & Similar | $943,863 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $944,086 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
Grants and other assistance to domestic individuals. | $354,918 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $42,315 |
Compensation of current officers, directors, key employees. | $5,330 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $252,717 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $31,579 |
Payroll taxes | $27,481 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,137 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $79,024 |
Advertising and promotion | $650 |
Office expenses | $19,397 |
Information technology | $296 |
Royalties | $0 |
Occupancy | $78,394 |
Travel | $367 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,192 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $6,136 |
All other expenses | $0 |
Total functional expenses | $1,054,086 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $0 |
Over the last fiscal year, we have identified 8 grants that The Childrens Book Bank has recieved totaling $155,820.
Awarding Organization | Amount |
---|---|
Oregon Community Foundation Portland, OR PURPOSE: Early Childhood | $78,400 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $52,420 |
Ocf Joseph E Weston Public Foundation Portland, OR PURPOSE: Early Childhood | $11,000 |
Rose E Tucker Charitable Trust Milwaukee, WI PURPOSE: GENERAL OPERATING | $5,000 |
Howard Wallis Irwin & Dorise Carlyon Irwin Foundation Milwaukee, WI PURPOSE: GENERAL SUPPORT | $2,500 |
Jackson Foundation United States National Bank Of Oregon Trustee Milwaukee, WI PURPOSE: GENERAL OPERATING | $2,500 |
Organization Name | Assets | Revenue |
---|---|---|
Washington Stem Center Seattle, WA | $144,962,083 | $51,456,581 |
Club For The Future Kent, WA | $9,001,115 | $28,277,868 |
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |
Teach-Org Inc San Francisco, CA | $5,801,007 | $13,162,873 |
The Reason Foundation Los Angeles, CA | $15,187,245 | $16,170,727 |
San Francisco Study Center Inc San Francisco, CA | $5,230,719 | $12,852,895 |
Hoffman Institute Foundation San Rafael, CA | $2,301,194 | $11,907,757 |
Cambiar Education San Diego, CA | $11,761,927 | $15,993,046 |
Associated Students Of California State University Chico Chico, CA | $29,452,040 | $13,695,718 |
Todays Fresh Start Los Angeles, CA | $38,805,224 | $12,503,064 |