Storybridge Inc
- Assets
- $1.1m
- Revenue
- $799.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Amarillo, TX
- Founding
- 11/2016
- Data as of
- 12/2022
- EIN
- 81-3953396
Organization Overview
Storybridge Inc is located in Amarillo, TX. The organization was established in 2016. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2022, Storybridge Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Storybridge 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, Storybridge Inc generated $799.9k in total revenue. All expenses for the organization totaled $347.1k during the year ending 12/2022. While expenses have increased by 56.8% 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
THE PRIMARY EXEMPT PURPOSE OF STORYBRIDGE IS TO PROVIDE FREE BOOKS TO AREA CHILDREN (NEWBORN THROUGH ELEMENTARY AGE) TO HELP REMOVE THE BARRIERS TO EARLY LITERACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM TO FACILITATE THE DOLLY PARTON IMAGINATION LIBRARY (DPIL). STORYBRIDGE HELPS TO ENROLL CHILDREN FROM BIRTH TO 5 YEARS OLD IN THE DPIL PROGRAM AND THEN THEY ARE ELIGIBLE TO RECEIVE ONE FREE BOOK EVERY MONTH UNTIL THE AGE OF 5. STORYBRIDGE PAYS A PORTION OF THE BOOKS FOR THE CHILDREN ENROLLED AND MANAGES THE INPUT OF INFORMATION IN THE DPIL DATA NETWORK. IN 2022, THERE WERE 46,883 BOOKS DISTRIBUTED TO 5,901 AREA CHILDREN THROUGH THIS PROGRAM.
STORYBRIDGE HAS FREE BOOK FAIRS AT TITLE 1 ELEMENTARY SCHOOLS AND OTHER PUBLIC COMMUNITY EVENTS IN BOTH AMARILLO AND DUMAS ALLOWING FOR THE SELECTION OF BOOKS FOR SCHOOL CHILDREN AND THEIR FAMILIES. DURING THE 2022 YEAR, 35,665 BOOKS WERE DISTRIBUTED TO OVER 5,900 CHILDREN.
THE KINDERBRIDGE PROGRAM BEGAN IN 2022 AND WAS ESTABLISHED TO PROVIDE GUIDED PLAYGROUPS FOR CHILDREN AGES 0-5 AND THEIR CAREGIVERS. THE PROGRAM PROVIDES FREE SPACE, CRAFTS, SNACKS, AND INSTRUCTIONAL ITEMS TO MODEL READING AND CREATIVE PLAY THAT HELPS TO PREPARE CHILDREN FOR KINDERGARTEN. THIS PROGRAM IS PROVIDED AS A BILLED SERVICE TO THE LOCAL SCHOOL DISTRICT'S COMMUNITIES. APPROXIMATELY 620 KIDS AND THEIR CAREGIVERS WERE SERVED IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Mcclure President | OfficerTrustee | 1 | $0 |
Ashley York Secretary | OfficerTrustee | 0.5 | $0 |
Ryan Monroe Treasurer | OfficerTrustee | 0.25 | $0 |
Katie Niegos Director | Trustee | 0.25 | $0 |
Meaghan Collier Director | Trustee | 0.25 | $0 |
Matt Morgan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $36,146 |
| Membership dues | $0 |
| Fundraising events | $76,745 |
| Related organizations | $0 |
| Government grants | $132,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $553,124 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $798,015 |
| 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 | $1,835 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $799,850 |
| 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 | $104,243 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,975 |
| 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 | $0 |
| Advertising and promotion | $15,776 |
| Office expenses | $10,037 |
| Information technology | $1,565 |
| Royalties | $0 |
| Occupancy | $11,101 |
| Travel | $90 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,883 |
| Interest | $1,092 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,789 |
| Insurance | $2,661 |
| All other expenses | $7,316 |
| Total functional expenses | $347,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $761,017 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,200 |
| 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 | $333,455 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,107,672 |
| 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 | $830,235 |
| Net assets with donor restrictions | $277,437 |
| 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 | $1,107,672 |