Storybook Treasures Inc
- Assets
- $84.6k
- Revenue
- $256.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Ashburn, VA
- Founding
- 02/2013
- Data as of
- 06/2022
- EIN
- 45-5015682
Organization Overview
Storybook Treasures Inc is located in Ashburn, VA. The organization was established in 2013. 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. Storybook Treasures 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 06/2022, Storybook Treasures Inc generated $256.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $250.8k during the year ending 06/2022. While expenses have increased by 21.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
STORYBOOK TREASURES, INC. SBT PUTS BOOKS INTO THE HANDS OF CHILDREN WHO NEED THEM THE MOST. WE ARE DEDICATED TO REACHING CHILDREN IN UNDER-SERVED SCHOOLS TO PROVIDE LEARNING/READING INTERVENTION AND ENRICHMENT THROUGH THE TREASURES THAT STORYBOOKS HOLD. THE SBT CLASSROOM-TO-HOME CURRICULUM PROVIDES TEACHERS AND PARENTS WITH RESOURCES PROVEN, THROUGH SURVEYS AND ACADEMIC ASSESSMENT TO CLOSE THE LITERACY GAP AMONG AT-RISK YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STORYBOOKS TREASURES, INC. PUTS BOOKS INTO THE HANDS OF CHILDREN WHO NEED THEM THE MOST. WE ARE DEDICATED TO REACHING CHILDREN IN UNDER-SERVED SCHOOLS TO PROVIDE LEARNING/READING INTERVENTION AND ENRICHMENT THROUGH THE TREASURES THAT STORYBOOKS HOLD. THE SBT CLASSROOM-TO-HOME CURRICULUM PROVIDES TEACHERS AND PARENTS WITH RESOURCES PROVEN, THROUGH SURVEYS AND ACADEMIC ASSESSMENT TO CLOSE THE LITERACY GAP AMONG AT-RISK YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Corbo President | OfficerTrustee | 35 | $0 |
Margarete Renschler Vice President | OfficerTrustee | 1 | $0 |
Jason Renschler Secretary | OfficerTrustee | 1 | $0 |
Vinson Corbo Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $256,803 |
| 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 | $256,803 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,570 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $32,138 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,871 |
| Office expenses | $3,222 |
| Information technology | $513 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $10,251 |
| Conferences, conventions, and meetings | $15 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $433 |
| All other expenses | $0 |
| Total functional expenses | $250,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,558 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $84,558 |
| Accounts payable and accrued expenses | $2,301 |
| 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 | $2,301 |
| Net assets without donor restrictions | $82,257 |
| 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 | $82,257 |