Cathedral Book Store
- Assets
- $173.3k
- Revenue
- $81.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Atlanta, GA
- Founding
- 07/1978
- Data as of
- 12/2020
- EIN
- 58-0648112
Organization Overview
Cathedral Book Store is located in Atlanta, GA. The organization was established in 1978. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Cathedral Book Store employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cathedral Book Store 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, Cathedral Book Store generated $81.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $196.3k during the year ending 12/2020. 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
PROVIDE RELIGIOUS MATERIALS TO THE EPISCOPAL DIOCESE OF ATLANTA
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SERVE THE CATHEDRAL OF ST PHILIP, THE DIOCESE OF ATLANTA, AND THE COMMUNITY AT LARGE BY OFFERING FOR SALE RELIGIOUS AND SECULAR MERCHANDISE SUCH AS THE BOOK OF COMMON PRAYER, BIBLES, OTHER BOOKS, MUSIC, GIFTS, GREETING CARDS, AND CHURCH SUPPLIES SUCH AS HYMNALS, WAFERS, CANDLES, AND INCENSE. WE ALSO VISIT CHURCHES AND OTHER ORGANIZATIONS IN THE REGION TO SELL OUR PRODUCTS.
OUR SIGNATURE EVENT IS THE ANNUAL JANE BAIRD LECTURE, NAMED FOR THE LATE JANE BAIRD WHO MANAGED THE BOOK STORE FOR MANY YEARS. THE 2021 JANE BAIRD LECTURE WAS NOT HELD DUE TO COVID-19.
ONE OF OUR STRONGEST PROGRAMS IS THE BOOKFELLOWS FUND. IN 2020 THE BOOKFELLOWS RAISED FUNDS BUT WAS UNABLE TO HOLD EVENTS DUE TO COVID-19.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cory Lites Manager | Officer | 40 | $55,000 |
George Watson Treasurer | OfficerTrustee | 1 | $0 |
Sandra Carey Chair | OfficerTrustee | 1 | $0 |
Gail E Rogers Secretary | OfficerTrustee | 1 | $0 |
Rick Tyler Vice Chair | OfficerTrustee | 1 | $0 |
The Very Rev'd Samuel Candler Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,150 |
| 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 | $70,699 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $81,233 |
| 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. | $53,148 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,277 |
| Pension plan accruals and contributions | $4,186 |
| Other employee benefits | $10,249 |
| Payroll taxes | $5,689 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,352 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $801 |
| Advertising and promotion | $4,421 |
| Office expenses | $19,864 |
| Information technology | $10,364 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $130 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $104 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,082 |
| Insurance | $1,417 |
| All other expenses | $0 |
| Total functional expenses | $196,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,426 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,661 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $100,816 |
| Prepaid expenses and deferred charges | $1,437 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $173,285 |
| Accounts payable and accrued expenses | $14,966 |
| Grants payable | $0 |
| Deferred revenue | $2,683 |
| 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 | $20,835 |
| Other liabilities | $0 |
| Total liabilities | $38,484 |
| 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 | $134,801 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cathedral Book Store has recieved totaling $32.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
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