Andys Books for Kids Sounds Like A
Nonprofit profile at a glance
- EIN
- 371640257
- IRS 990-EZ coverage
- 2011–2022
- Forms available
- Form 990-EZ 2022, Form 990-N 2010
- Location
- Belvidere, IL, USA
- Phone
- 8152623473
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Remedial Reading, Reading Encouragement
Reported finances
- Revenue
- $409
- Expenses
- $7,621
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JAMES HODGE (PRESIDENT)
People named in this filing
- MEG HODGE (CHAIRMAN)
- JAMES HODGE (PRESIDENT)
- ELIZABETH PENUGONDA (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization strives to promote literacy by providing children in underserved areas with access to books they otherwise would not have, giving them the chance to advance their academic achievement and the opportunity to discover the sheer pleasure of losing themselves in the pages of a good book. We achieve our mission by raising funds to purchase new children's books and by organizing book drives for the donation of children's books. These books are distributed to these children of all ages via school libraries, pre-k programs, head start, after-school programs, homeless shelters and the like.
What it reported doing in 2022
In 2022, the company was dissolved and all cash and inventory was donated to reading foundations and schools.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1,763.3%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -2.1% per year; rating input score 0; 46th percentile among comparable filings
- Revenue growth: -18.9% per year; rating input score 0; 17th percentile among comparable filings
- Asset growth: -18.6% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $8K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2011 to 2022
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.