Book Drive For Kids
- Assets
- $211.7k
- Revenue
- $232.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Lewisville, TX
- Founding
- 09/2001
- Data as of
- 08/2022
- EIN
- 75-2822224
Organization Overview
Book Drive For Kids is located in Lewisville, TX. The organization was established in 2001. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, 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. Book Drive For Kids 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 08/2022, Book Drive For Kids generated $232.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $124.4k during the year ending 08/2022. While expenses have increased by 26.4% per year over the past 2 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 DRIVE FOR KIDS SEEKS TO CREATE A CULTURE OF LITERACY BY PROVIDING BOOKS TO DISADVANTAGED CHILDREN FOR INDEPENDENT READING THAT REINFORCES INCREASES READING SKILLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREE BOOK FAIRS WERE HELD IN SCHOOLS THAT SERVE A POPULATION OF GREATER THAN 70% ECONOMICALLY DISADVANTAGED STUDENTS. 15,700 STUDENTS ATTENDED THESE FAIRS AND OVER 31,000 BOOKS WERE GIVEN AWAY. THE SOARING SUMMER READING PROGRAM IS SPECIFICALLY CREATED FOR LOWER INCOME STUDENTS IN PRE-K THROUGH 2ND GRADE WITH LIMITED ACCESS TO READING MATERIALS AT HOME. THE INTENDED PURPOSE IS TO INSTITUTE READING OVER THE SUMMER AND TO REINFORCE READING SKILLS DEVELOPED OVER THE SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Cook Executive Director | OfficerTrustee | 20 | $0 |
Nicol Klingenstein Operations Director | Trustee | 10 | $0 |
Kathy Parker Director | Trustee | 5 | $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 | $106,229 |
| Noncash contributions included in lines 1a–1f | $10,446 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,229 |
| Total Program Service Revenue | $126,358 |
| 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 | $232,587 |
| 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. | $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 | $496 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,216 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $294 |
| 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 | $468 |
| All other expenses | $0 |
| Total functional expenses | $124,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,921 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $68,622 |
| 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 | $9,148 |
| 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 | $211,691 |
| 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 | $211,691 |
| 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 | $211,691 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Book Drive For Kids has recieved totaling $9,615.
| Awarding Organization | Amount |
|---|---|
Reading Is Fundamental Inc Washington, DC PURPOSE: TO FOSTER LITERACY | $6,600 |
Holland Family Foundation Grapevine, TX PURPOSE: GENERAL FUND | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
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|---|---|---|
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Jubilee Academic Center Inc San Antonio, TX | $137,938,000 | $77,234,033 |
Collegiate Academies New Orleans, LA | $15,386,568 | $45,139,366 |
Renew-Reinventing Education New Orleans, LA | $11,254,190 | $34,978,044 |
Foundation For Louisiana Students Baton Rouge, LA | $21,702,876 | $38,265,312 |
East Texas Advanced Academies Longview, TX | $2,379,457 | $32,700,344 |
Basis Texas Charter Schools Inc San Antonio, TX | $92,451,409 | $31,933,223 |
Dove Schools Oklahoma City, OK | $6,243,861 | $28,048,630 |
Discovery Health Sciences Foundation Inc Kenner, LA | $11,194,982 | $30,168,997 |
Arkansas Virtual Academy Little Rock, AR | $3,075,159 | $27,721,037 |
Algiers Charter School Association Inc New Orleans, LA | $11,545,116 | $21,416,188 |
Dzilth-Na-O-Dith-Hle School Board Of Education Bloomfield, NM | $37,723,177 | $9,753,755 |