Bookmentors Inc
- Assets
- $40.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, MA
- Founding
- 09/2011
- Data as of
- 12/2016
- EIN
- 45-2610579
Organization Overview
Bookmentors Inc is located in Concord, MA. The organization was established in 2011. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bookmentors Inc 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 12/2016, Bookmentors Inc generated $6.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (40.0%) each year. All expenses for the organization totaled $12.9k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (59.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
OUR PRIMARY PURPOSE IS TO ALLOW INDIVIDUAL TO FULFILL BOOK REQUESTS FROM PUBLIC SCHOOL TEACHERS VIA OUR WEBSITE. WE STARTED SEVERAL SUCCESSFUL BOOK DRIVES WHICH GENERATED SOME PRESS COVERAGE. WE DONATED > $5000 OF BOOKS TO PUBLIC SCHOOL TEACHERS ACROSS THE COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Hannula Board President | 10 | $0 | |
David Bienvenu Board Treasurer | 1 | $0 | |
Charles Harvey Board Member | 0.2 | $0 | |
Yuri Ivanov Board Member | 0.1 | $0 | |
Eric Martincavage Board Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,974 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,982 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,788 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $138 |
| Other expenses | $0 |
| Total expenses | $12,926 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,560 |
| Other assets | $0 |
| Total assets | $40,560 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,560 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bookmentors Inc has recieved totaling $5,750.
| Awarding Organization | Amount |
|---|---|
Marin Community Foundation Novato, CA PURPOSE: PROVIDE OPERATING SUPPORT | $5,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Urban Youth Alliance International Inc Bronx, NY | $4,354,975 | $6,995,942 |
Literacy Inc New York, NY | $4,595,330 | $3,899,705 |
Read Alliance Inc New York, NY | $3,368,825 | $3,674,607 |
Read To Grow Inc Branford, CT | $1,292,928 | $1,217,263 |
Mujeres Unidas Avanzando Inc Dorchester, MA | $2,346,284 | $1,432,208 |
Reach Out And Read Of Greater New York Inc New York, NY | $1,043,771 | $1,407,811 |
Childrens Literacy Foundation Waterbury Center, VT | $3,355,968 | $2,120,012 |
Read To Succeed Buffalo Inc Buffalo, NY | $1,016,821 | $853,837 |
Literacy Center Inc Attleboro, MA | $1,345,478 | $822,994 |
Rhode Island Tutorial & Educational Services Inc Pawtucket, RI | $376,643 | $619,228 |
Bay State Reading Institute Amesbury, MA | $0 | $198,667 |
Tompkins Learning Partners Incorporated Ithaca, NY | $876,893 | $421,210 |