Power Book Bags
- Assets
- $227.8k
- Revenue
- $356.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Suttons Bay, MI
- Founding
- 05/2016
- Data as of
- 12/2022
- EIN
- 81-2406342
Organization Overview
Power Book Bags is located in Suttons Bay, MI. The organization was established in 2016. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Power Book Bags 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, Power Book Bags generated $356.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 50.0% each year . All expenses for the organization totaled $354.5k during the year ending 12/2022. While expenses have increased by 58.7% per year over the past 3 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
POWER! BOOK BAGS HAS A MISSION TO INCREASE CHILDREN'S EXPERIENCES WITH LANGUAGE, LITERACY, AND HUMAN INTERACTION TO BETTER UNDERSTAND THEMSELVES, COMMUNICATE WITH OTHERS AND INTERACT WITH THE WORLD. WE EMPOWER CHILDREN TO PLAY WRITE READ FOR A BETTER TOMORROW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL VACATION GETAWAYS - ELIGIBLE SCHOOLS TYPICALLY HAVE OVER 50% OF THEIR STUDENTS AT THE FREE AND REDUCED LUNCH ELIGIBILITY. LANGUAGE AND LITERACY MATERIALS ARE DISTRIBUTED IN THE 2 WEEKS BEFORE 4 SCHOOL BREAKS TO DISRUPT THE LOSS OF ABILITY AND ESPECIALLY THE SUMMER SLIDE.
COMMUNITY SERVICES INCLUDE DISTRIBUTING LANGUAGE & LITERACY MATERIALS TO LOW INCOME FAMILIES THROUGH SEVERAL LOCATIONS INCLUDING FOOD AND BABY PANTRIES, LIBRARIES, MIGRANT CAMPS,WOMEN'S RESOURCE CENTERS, AND FOSTER CARE.
COUNTY HEALTH DEPARTMENTS - A GROWING PROGRAM IN WHICH WE WORK WITH ESTABLISHED HEALTH DEPARTMENT PROGRAMS SUCH AS WIC, VACCINATION CLINICS, MATERNAL INFANT HEALTH PROGRAM (MIHP) AND OTHER SITES TO PROVIDE CONSISTENT LANGUAGE & LITERACY MATERIALS TO THE NEEDIEST.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kara Gregory Dr Executive Director | OfficerTrustee | 40 | $0 |
Karla Gerds Secretary | OfficerTrustee | 1 | $0 |
Leslie Mcinerney Treasurer | OfficerTrustee | 1 | $0 |
Aimee Lehmann Fundraising | Trustee | 1 | $0 |
Sue Smith Member | Trustee | 1 | $0 |
Penny Campo-Pierce Volunteer Coordinator | 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 | $356,190 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $356,190 |
| Total Program Service Revenue | $0 |
| 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 | $356,190 |
| 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 | $17,170 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,314 |
| Fees for services: Management | $78,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,182 |
| Office expenses | $6,885 |
| Information technology | $1,775 |
| Royalties | $0 |
| Occupancy | $8,219 |
| Travel | $0 |
| 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 | $2,022 |
| All other expenses | $17,568 |
| Total functional expenses | $354,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,368 |
| 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 | $150,000 |
| Prepaid expenses and deferred charges | $675 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,748 |
| Total assets | $227,791 |
| Accounts payable and accrued expenses | $734 |
| Grants payable | $0 |
| Deferred revenue | $45,450 |
| 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 | $46,184 |
| Net assets without donor restrictions | $181,607 |
| 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 | $227,791 |