Fall for the Book Inc
Nonprofit profile at a glance
- EIN
- 800034279
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990 2019, Form 990-EZ 2024
- Location
- Fairfax, VA, USA
- Phone
- 7039933986
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $193,450
- Expenses
- $208,505
- Assets
- $152,274
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
People named in this filing
- Jennifer Disano (Chair)
- Ken Budd (Vice-Chair)
- Jessica Hudson (Treas./Sec.)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promoting lifetime literacy.
What it reported doing in 2024
Fall for the Book Festival: Annual literary festival and reading series featuring authors in a series of free events, including readings, workshops, panel discussions, and book signings. Program includes in-person and virtual or hybrid events and reaches approximately 5,000 attendees/audience members each year.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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 revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 30
- Growth: 60
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; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -7.8%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.73; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 13.8% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: -3.2% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $209K in reported program spending
- Leadership: top reported pay $0 · 20 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 18/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.