Book Fairies Inc
- Assets
- $490.6k
- Revenue
- $651.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Freeport, NY
- Founding
- 12/2013
- Data as of
- 12/2022
- EIN
- 46-3262048
Organization Overview
Book Fairies Inc is located in Freeport, NY. The organization was established in 2013. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Book Fairies 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 12/2022, Book Fairies Inc generated $651.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $585.4k during the year ending 12/2022. While expenses have increased by 27.2% 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
BOOK FAIRIES SOURCES AND REDISTRIBUTES BOOKS TO UNDER-RESOURCED COMMUNITIES ON LONG ISLAND, NEW YORK CITY AND INTERNATIONALLY TO PROVIDE EQUITABLE OPPORTUNITIES FOR CHILDREN TO LEARN, GROW, AND THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2022, THE BOOK FAIRIES DISTRIBUTED APPROXIMATELY 573,000 BOOKS TO PEOPLE IN NEED THROUGHOUT LONG ISLAND, NEW YORK CITY, AND INTERNATIONALLY THROUGH ITS VARIOUS PROGRAMS.BOOK FAIRIES DISTRIBUTES BOOKS THROUGH: MONTHLY BOOK FAIRS: ONCE A MONTH, WE OPEN OUR BOOK BANK TO EDUCATORS FROM SCHOOLS AND NONPROFIT ORGANIZATIONS WORKING WITH INDIVIDUALS LIVING IN UNDER-RESOURCED COMMUNITIES. ATTENDEES SELECT AS MANY OF OUR CAREFULLY SORTED BOOKS AS THEY CAN DURING A 1-HOUR TIME SLOT. TYPICALLY, 12,000-20,000 BOOKS ARE DISTRIBUTED AT EACH EVENT, HELPING TO INCREASE ACCESS TO BOOKS FOR PEOPLE ACROSS LONG ISLAND AND NEW YORK CITY.COMMUNITY/SCHOOL PARTNERSHIPS: ESTABLISHED IN 2021, THIS PROGRAM WAS DESIGNED TO PROVIDE TARGETED, MULTI-YEAR SUPPORT TO TEACHERS, SCHOOLS, AND COMMUNITY ORGANIZATIONS WORKING IN UNDER-RESOURCED COMMUNITIES. THROUGH A COMBINATION OF STUDENT BOOK FAIRS, CUSTOMIZED DELIVERIES TO TEACHERS, AND GIVEAWAYS TO PROMOTE READING DURING SCHOOL BREAKS, WE HELP TO BUILD HOME, CLASSROOM, AND SCHOOL LIBRARIES AND FOSTER A CULTURE OF LITERACY.PUBLIC BOOKSHELVES: WE SUPPLY, MAINTAIN, AND REFRESH BOOK COLLECTIONS IN A VARIETY OF LOCATIONS, INCLUDING HEALTH CENTERS, PUBLIC PARKS, LIRR STATIONS, GROCERY STORES, PEDIATRIC DOCTORS' OFFICES, BEFORE- AND AFTER-SCHOOL PROGRAMS, TRANSITIONAL HOUSING, SOUP KITCHENS, WOMEN'S SHELTERS, AND COMMUNITY CENTERS. WE ALSO DELIVER PAPERBACK BOOKS TO ORGANIZATIONS WORKING WITH INDIVIDUALS IN THE CORRECTIONAL SYSTEM.SPECIAL BOOK DISTRIBUTIONS: THROUGHOUT THE YEAR, WE SUPPORT SPECIFIC REQUESTS FOR BOOK GIVEAWAYS, SUCH AS SUMMER READING INITIATIVES, COMMUNITY EVENTS, AND SCHOOL-WIDE DISTRIBUTIONS AT SITES THAT ARE NOT ALREADY PART OF OUR SCHOOL/COMMUNITY PARTNERSHIP PROGRAM.GLOBAL BOOK DISTRIBUTIONS: WE PACK BOOKS IN FAIR TO AVERAGE CONDITION FOR PARTNER ORGANIZATIONS TO SHIP OVERSEAS TO SUPPORT LITERACY NEEDS IN UNDER-RESOURCED COUNTRIES. OUR CURRENT PARTNER REACHES UNDER-RESOURCED SCHOOLS IN SOMALILAND, SIERRA LEONE, AND GHANA FACING HIGH DEMAND FOR CHILDREN'S BOOKS IN ENGLISH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelly Blaufeux Treasurer | OfficerTrustee | 2 | $0 |
Therese Mora Secretary | OfficerTrustee | 1 | $0 |
Steven Miller ESQ Vice President | OfficerTrustee | 2 | $0 |
Jim Joy President | OfficerTrustee | 2 | $0 |
Joanna Austin Board Member | Trustee | 1 | $0 |
George Brennan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $612,409 |
| Noncash contributions included in lines 1a–1f | $121,875 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $612,409 |
| Total Program Service Revenue | $9,800 |
| Investment income | $743 |
| 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 | $27,920 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $651,401 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $126,000 |
| Compensation of current officers, directors, key employees. | $11,397 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $142,865 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,522 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $94,571 |
| Advertising and promotion | $0 |
| Office expenses | $15,427 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,368 |
| Travel | $36 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,151 |
| All other expenses | $9,789 |
| Total functional expenses | $585,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $270,577 |
| Savings and temporary cash investments | $202,845 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,283 |
| Prepaid expenses and deferred charges | $900 |
| 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 | $490,605 |
| Accounts payable and accrued expenses | $16,659 |
| 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 | $16,659 |
| Net assets without donor restrictions | $473,946 |
| 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 | $490,605 |