Look Its My Book Endowment

Organization Overview

Look Its My Book Endowment is located in Peoria, IL. The organization was established in 2017. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, 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. Look Its My Book Endowment 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, Look Its My Book Endowment generated $45.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $14.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUBJECT ORGANIZATION LOOK ITS MY BOOK ENDOWMENT (EIN81-5026488) WAS FOUNDED TO SUPPORT LOOK ITS MY BOOK! INC (EIN06-1834883). BOTH ORGANIZATIONS ARE COMPRISED COMPLETELY OF UNPAID VOLUNTEERS TO SUPPORT LITERACY AND READING SKILLS AMONG CHILDREN IN THE PEORIA, IL AREA; CHILDREN SUPPORTED ARE 74% IN THE POVERTY LEVEL. IT WAS RECOGNIZED THE VOLUNTEERS ARE PRIMARILY RETIRED, AND IT IS NECESSARY TO PROVIDE FOR FUTURE ACTIVITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AS DESCRIBED IN PART I ABOVE, WORK HAS BEGUN TO ACCUMULATE A VIABLE PRINCIPAL TO PROVIDE FOR THE SUPPORT OF DISTRIBUTING BOOKS FOR CHILDREN LEARNING TO READ AMONG POVERTY LEVEL FAMILIES. PROVIDING BOOKS HAS PROVEN TO BE EFFECTIVE IN TEACHING YOUNG CHILDREN TO READ. AS OF THE END OF 2022, NO FUNDS HAVE BEEN EXPENDED YET TO SUPPORT THAT EFFORT; WE ARE TRYING TO BUILD A SUFFICIENT PRINCIPAL TO PROVIDE SUPPORT TO BUY BOOKS IN THE FUTURE WHEN A STAFF WILL BE NEEDED TO BUY AND DISTRIBUTE BOOKS. IT IS THERFORE NECESSARY THAT SUFFICIENT PRINCIPAL FUNDS BE ACCUMULATED THAT INTEREST AND INVESTMENTS WOULD PROVIDE VIABLE FUNDS TO SUPPORT THE PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Janet Roth
President
$0
Laurie Adams
Vice President
$0
Drew Gay
Trustee
$0
Dianna White
Treasurer
$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$24,692
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$24,692
Total Program Service Revenue$0
Investment income $21,182
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 $45,874

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