Brooklyn Book Bodega Inc
- Assets
- $315.3k
- Revenue
- $628.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Brooklyn, NY
- Founding
- 06/2019
- Data as of
- 12/2023
- EIN
- 83-3811732
Organization Overview
Brooklyn Book Bodega Inc is located in Brooklyn, NY. The organization was established in 2019. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Brooklyn Book Bodega Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn Book Bodega 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 12/2023, Brooklyn Book Bodega Inc generated $628.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 45.4% each year . All expenses for the organization totaled $484.0k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF BROOKLYN BOOK BODEGA IS TO INCREASE THE NUMBER OF 100+ BOOK HOMES FOR KIDS 0-18 IN NYC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BROOKLYN BOOK BODEGA SERVES A CRITICAL NEED (LIMITED ACCESS TO HIGH QUALITY BOOKS AND PROGRAMS) BY FOSTERING A LOVE OF READING, INTENTIONAL BOOK CULTURE, AND BOOK OWNERSHIP. IN 2023 BROOKLYN BOOK BODEGA PARTNERED WITH 341 ORGANIZATIONS AND HOSTED 85 PROGRAMS TO DISTRIBUTE 141,898 BOOKS TO 50,836 FAMILIES, CHILDREN, AND INDIVIDUALS THROUGHOUT NEW YORK CITY. VISITORS AND VOLUNTEERS CAME FROM DIVERSE SOCIO-ECONOMIC, RACIAL, AND CULTURAL BACKGROUNDS, AND ALL FIVE BOROUGHS. BROOKLYN BOOK BODEGA PARTNERS WITH TRADITIONAL AND NON-TRADITIONAL LITERACY ADVOCATES TO REINFORCE AND STRENGTHEN THEIR WORK AND ENCOURAGE LIFELONG READING HABITS. BROOKLYN BOOK BODEGA PARTNERS WITH COMMUNITY BASED ORGANIZATIONS TO INTENTIONALLY HOST BOOK GIVEAWAYS AND PROGRAMS IN BOOK DESERTSAREAS WITH FEW BOOKS FOR SALE OR BORROWING. BROOKLYN BOOK BODEGA PROMOTES LITERACY, SPARKS A LOVE OF READING, AND INCREASES BOOK OWNERSHIP, BOOK CHOICE, AND BOOK ACCESS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seema Aghera Chief Operating Officer | Officer | 32 | $86,173 |
Rebecca Cohen Executive Director | Officer | 30 | $78,420 |
Tamara Jachimowicz Board Member | Trustee | 2 | $0 |
Talia Kovacs Board Member | Trustee | 2 | $0 |
Loveena Rajanayakam Board Member | Trustee | 2 | $0 |
Marcia Clarke Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $49,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $555,209 |
| Noncash contributions included in lines 1a–1f | $151,311 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $604,709 |
| Total Program Service Revenue | $23,712 |
| Investment income | $9 |
| 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 | $628,430 |
| 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 | $206,689 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,390 |
| Payroll taxes | $17,111 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $475 |
| 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 | $532 |
| Office expenses | $6,444 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $56,782 |
| Travel | $432 |
| 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 | $765 |
| Insurance | $7,165 |
| All other expenses | $25,250 |
| Total functional expenses | $483,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $289,888 |
| 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 | $1,147 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,239 |
| Total assets | $315,274 |
| 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 | $871 |
| Total liabilities | $871 |
| Net assets without donor restrictions | $314,403 |
| 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 | $315,274 |