Page Turners Make Great Learners Inc

Nonprofit profile at a glance

EIN
200364107
IRS 990 coverage
2021–2023
Forms available
Form 990 2023, Form 990-EZ 2020, Form 990-N 2015
Location
Atlanta, GA, USA
Phone
6788945387
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Services N.E.C.

Official website

Reported finances

Revenue
$318,896
Expenses
$340,651
Assets
$8,228
Liabilities
$4,652

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • FeFe Handy (President)

Highest reported compensation

  • FeFe Handy (President): $111,931 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To expand children's knowledge and understanding of the world, themselves and their unique possibilities through the love of reading.

What it reported doing in 2023

2023-24 Programs and Events: 18 - Author Visits: We introduce students to authors of the books they love. These luminaries include award-winning and New York Times bestselling authors. 4 - Read-a-Thons: Our mission is to motivate and inspire students to read through a variety of strategies and experiences designed specifically to align with and reinforce state language arts standards. The Organization focuses its services on high poverty Title I Schools. By giving students access to high quality books and fostering positive reading experiences, Page Turners seeks to broaden children's horizons, expand their knowledge and understanding of the world beyond their neighborhoods, and fuel their imaginations and aspirations. 1 - Community Event (Read Across Atlanta in partnership with Marta): We partner with Atlanta's major transit authority, MARTA, in a project called The Storybus. Each year, we take students from Title I Schools on a "trip into a story" by connecting the skill of reading to the wider world as we ride across the city of Atlanta. Our objective is to promote reading awareness and ignite a love of reading in students at an early age. 1 - Literary Conference: A pivotal event aims to foster a rich dialogue among educators from the southeast, focusing on best practices in reading education and engaging sessions with authors.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 92
  • Accountability: 74
  • Sustainability: 16
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.7%; rating input score 89
  • Program expense ratio: 83%; rating input score 83
  • Fundraising efficiency: $5.28 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -6.8%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.02; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 0.57; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 32.9%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 13.9% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 16.5% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: -25% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 88.7% of revenue deployed · 83% of spending went to programs
  • Governance: 10 of 10 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $283K in reported program spending
  • Leadership: top reported pay $112K · 11 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2021 to 2023
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 23/100.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.