Childrens Books for Impoverished Libraries

Nonprofit profile at a glance

EIN
473486057
IRS 990-EZ coverage
2015–2017
Forms available
Form 990-EZ 2017, Form 990-N 2014
Location
Troy, NY, USA
Phone
5182723214
Rating
35
Verdict
REVIEW
Rating confidence
Limited
Sector
Education

Official website

Reported finances

Revenue
$428
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • Larry Douglas Reid (CEO of Children's Books for Impoverished Libraries)

People named in this filing

  • Larry Douglas Reid (CEO of Children's Books for Impoverished Libraries)
  • Lawrence Darwin Reid (CFO of Chlldren's Books for Impoverished Libraries)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary exempt purpose of the Children's Books for Impoverished Libraries is to provide Children's Books for Impoverished Libraries

What it reported doing in 2017

The namesake of the charity's mission (Meta Reid), had the goal to give books to impoverished children's libraries. This year the officers of the charity went to Camaguey Cuba to make contact and give books purchased off of amazon to the local children's library. Attempts at maintaining those contacts were unsuccessful in light of poor mail services and electronic communications capability in Camaguey. The officers of the charity (Larry and Lawrence Reid) have decided to find another library in need in a different location to establish contacts with and give children's books to.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: NotEnoughData
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 0% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: -59.7% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -45.4% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2015 to 2017
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.