Bernies Book Bank
- Assets
- $3.5m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 36
- Location
- Lake Bluff, IL
- Founding
- 02/2010
- Data as of
- 12/2020
- EIN
- 27-0914453
Organization Overview
Bernies Book Bank is located in Lake Bluff, IL. The organization was established in 2010. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Bernies Book Bank employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bernies 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 12/2020, Bernies Book Bank generated $4.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $4.7m during the year ending 12/2020. While expenses have increased by 9.4% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
DISTRIBUTES QUALITY CHILDREN'S BOOKS TO INCREASE BOOK OWNERSHIP AMONG UNDER-SERVED CHILDREN THROUGHOUT CHICAGOLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BERNIE'S BOOK BANK SOURCES, PROCESSES AND DISTRIBUTES QUALITY NEW AND GENTLY USED CHILDREN'S BOOKS TO SIGNIFICANTLY INCREASE BOOK OWNERSHIP AMONG UNDER-SERVED INFANTS, TODDLERS AND SCHOOL-AGE CHILDREN THROUGHOUT CHICAGOLAND. BERNIE'S BOOK BANK HAS SOURCED, PROCESSED AND DISTRIBUTED MORE THAN APPROXIMATELY 19 MILLION QUALITY CHILDREN'S BOOKS SINCE DECEMBER 2009.BERNIE'S BOOK BANK PERFORMS THREE FUNCTIONS EXCEPTIONALLY WELL:(1) WE SOURCE QUALITY NEW AND GENTLY USED CHILDREN'S BOOKS THROUGH PARTNERSHIPS WITH SCHOOLS, BUSINESSES, BOOK PUBLISHERS AND DISTRIBUTORS. BERNIE'S BOOK BANK MANAGES THE COLLECTION PROCESS, TAKING THE BURDEN OFF OF SCHOOLS AND ORGANIZATIONS, AND MAXIMIZING THE DONATIONS OF QUALITY BOOKS.(2) WE PROCESS BOOKS IN OUR PROCESSING CENTER WITH THE HELP OF A LARGE POOL OF VOLUNTEERS (INDIVIDUALS, COMMUNITY SERVICE & CORPORATE GROUPS). EACH BOOK IS REVIEWED FOR QUALITY, SORTED INTO AGE-APPROPRIATE READING LEVELS, "FINGERPRINTED" WITH THE BERNIE'S BOOK BANK STICKER, AND PLACED INTO A DISTRIBUTION-READY BAG OF SIX BOOKS. (3) BERNIE'S BOOK BANK DISTRIBUTES BAGS OF BOOKS TO LARGE POPULATIONS OF UNDER-SERVED CHILDREN PRIMARILY THROUGH IDENTIFIED SCHOOLS (BASED ON FREE AND REDUCED LUNCH PERCENTAGES) AND WIC (WOMEN INFANT CHILDREN) PROGRAMS. EACH CHILD SERVED RECEIVES A MINIMUM OF 12 BOOKS PER YEAR, EVERY YEAR, UNTIL THE CHILD COMPLETES 6TH GRADE; CREATING A CONTINUUM OF DISTRIBUTION FROM BIRTH THROUGH 6TH GRADE.CURRENTLY, BERNIE'S BOOK BANK SERVES MORE THAN 300,000 UNDER SERVED CHICAGOLAND CHILDREN FROM BIRTH THROUGH 6TH GRADE WITH 12 QUALITY BOOKS EVERY YEAR.DURING 2021, BERNIES'S BOOK BANK PROCURED, PROCESSED, AND DISTRIBUTED 1.6 MILLION BOOKS; WITHOUT THE ASSISTANCE OF OUR VOLUNTEER BASE UNTIL THEY RETURNED IN VERY LIMITED AMOUNT IN AUGUST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrin Utynek Chief Executive Officer | Officer | 40 | $170,546 |
Brian Floriani Founder | Officer | 40 | $149,163 |
Erin Kirchner Board Vice Chair | OfficerTrustee | 6 | $0 |
Sara Granack Chair | OfficerTrustee | 6 | $0 |
Lia Douglas Board Chair Elect | OfficerTrustee | 6 | $0 |
Nick Jones Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,917,778 |
| Investment income | $67 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,569 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$39,265 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,530 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,899,035 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $301,530 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,205,471 |
| Pension plan accruals and contributions | $26,013 |
| Other employee benefits | $64,413 |
| Payroll taxes | $90,846 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $73,681 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,150 |
| Advertising and promotion | $21,898 |
| Office expenses | $44,131 |
| Information technology | $80,674 |
| Royalties | $0 |
| Occupancy | $285,101 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,874 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $190,087 |
| Insurance | $61,247 |
| All other expenses | $0 |
| Total functional expenses | $4,701,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,040,180 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $507,404 |
| 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 | $1,456,655 |
| Prepaid expenses and deferred charges | $28,983 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,547,957 |
| Accounts payable and accrued expenses | $186,279 |
| 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 | $504,251 |
| Total liabilities | $690,530 |
| 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 |
| Total liabilities and net assets/fund balances | $2,857,427 |
Grants Recieved
Over the last fiscal year, we have identified 54 grants that Bernies Book Bank has recieved totaling $3,206,881.
| Awarding Organization | Amount |
|---|---|
Feed The Children Inc Oklahoma City, OK PURPOSE: NECESSITIES FOR NEEDY CHILDREN & FAMILIES | $2,425,803 |
Abbvie Foundation North Chicago, IL PURPOSE: BERNIE'S BOOK BANK GENERAL OPERATING SUPPORT | $345,000 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $54,271 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $54,271 |
Reed Construction Foundation Chicago, IL | | $37,500 |
American Endowment Foundation Hudson, OH PURPOSE: YOUTH DEVELOPMENT | $26,230 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Jag Inc Des Moines, IA | $8,216,251 | $8,843,429 |
Braven Incorporated Chicago, IL | $18,157,055 | $13,085,158 |
Gary Comer Youth Center Chicago, IL | $1,153,650 | $6,433,696 |
Boys And Girls Club Of Dane County Inc Madison, WI | $16,863,189 | $11,374,930 |
Life Promotions Inc Appleton, WI | $2,405,715 | $5,603,353 |
Bernies Book Bank Lake Bluff, IL | $3,547,957 | $4,899,035 |
Kingdom House St Louis, MO | $3,626,338 | $5,069,438 |
Gateway Woods Family Services Inc Leo, IN | $1,086,644 | $4,316,744 |
Fishers Soccer Club Inc Noblesville, IN | $3,814,503 | $3,510,504 |
Embarc Inc Chicago, IL | $4,540,107 | $3,839,352 |
A Million Stars Inc St Louis, MO | $6,740,657 | $2,484,208 |
Horizons For Youth Chicago, IL | $2,942,053 | $2,593,417 |