International Book Project Inc
- Assets
- $1.0m
- Revenue
- $2.4m
- Investments
- $321.3k
- Employees
- 5
- Location
- Lexington, KY
- Founding
- 03/1967
- Data as of
- 12/2022
- EIN
- 61-6039627
Organization Overview
International Book Project Inc is located in Lexington, KY. The organization was established in 1967. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, International Book Project Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Book Project 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, International Book Project Inc generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, International Book Project Inc has awarded 204 individual grants totaling $1,995,018. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE EDUCATION AND LITERACY WHILE BROADENING AMERICANS' UNDERSTANDING OF THEIR NEIGHBORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL BOOK PROJECT, INC. DISTRIBUTED 189,945 BOOKS TO VARIOUS COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Fryman Executive Director | OfficerTrustee | 40 | $65,968 |
Susannah Stitzer President | OfficerTrustee | 1 | $0 |
Wade Littrell Treasurer | OfficerTrustee | 1 | $0 |
Alice Bowen Vice President | OfficerTrustee | 1 | $0 |
Sarah Laren Secretary | OfficerTrustee | 1 | $0 |
Daniel Sprague Board Member | Trustee | 0.3 | $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 | $2,305,739 |
| Noncash contributions included in lines 1a–1f | $2,026,053 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,305,739 |
| Total Program Service Revenue | $69,395 |
| Investment income | $3,255 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,518 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,254 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,389,161 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $316,685 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,709,368 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $140,051 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,592 |
| Payroll taxes | $11,002 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,715 |
| Advertising and promotion | $1,097 |
| Office expenses | $2,334 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $475 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,813 |
| Insurance | $6,718 |
| All other expenses | $14,555 |
| Total functional expenses | $2,385,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,604 |
| 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 |
| Net Land, buildings, and equipment | $631,007 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $321,313 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,015,924 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,014,265 |
| Net assets with donor restrictions | $1,659 |
| 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 | $1,015,924 |
Grants Awarded
Over the last fiscal year, International Book Project Inc has awarded $240,658 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SHEARER ELEMENTARY SCHOOL PURPOSE: CONTRIBUTIONS OF BOOKS | $71,900 |
CAMARGO ELEMENTARY PURPOSE: CONTRIBUTIONS OF BOOKS | $47,960 |
MCCREARY COUNTY BOARD OF EDUCATION PURPOSE: CONTRIBUTIONS OF BOOKS | $43,880 |
SOUTHERN ELEMENTARY PURPOSE: CONTRIBUTIONS OF BOOKS | $20,240 |
MIND-BUILDERS CREATIVE ARTS CENTER PURPOSE: CONTRIBUTIONS OF BOOKS | $16,820 |
VOYAGE MOVEMENT PURPOSE: CONTRIBUTIONS OF BOOKS | $10,219 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Book Project Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Christian Word Ministries Inc Lexington, KY PURPOSE: SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Global Foodbanking Network Chicago, IL | $18,753,140 | $16,426,499 |
Christel House International Inc Indianapolis, IN | $93,680,993 | $18,546,381 |
Palestine Childrens Relief Fund Kent, OH | $38,017,792 | $21,671,085 |
Christian Medical & Dental Society Bristol, TN | $23,493,559 | $15,260,039 |
Tostan Inc Alexandria, VA | $25,433,067 | $32,796,076 |
The Bill Gatton Foundation Bristol, TN | $0 | $23,969,446 |
A M G International Chattanooga, TN | $17,555,584 | $9,364,805 |
Spirit Of America Worldwide Arlington, VA | $11,674,125 | $9,682,917 |
Water For Good Indianapolis, IN | $3,104,528 | $5,973,756 |
Afrika Tikkun Usa Inc Columbus, OH | $5,127,068 | $10,291,044 |
Remote Area Medical Rockford, TN | $17,905,708 | $7,264,096 |
Central American Medical Outreach Inc Orrville, OH | $1,259,322 | $3,903,731 |