The Bookshelf Initiative Inc
Nonprofit profile at a glance
- EIN
- 933695683
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- New Kensingtn, PA, USA
- Rating confidence
- Limited
- Sector
- Libraries
Reported finances
- Expenses
- $1,091
- Assets
- $15
- Liabilities
- $1,091
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Catherine Tomes (President)
People named in this filing
- Catherine Tomes (President)
- Sarah Festa (Treasurer)
- Amy Lanz (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of The Bookshelf Initiative Inc. is to create positive change in disadvantaged communities by introducing customized academic and extracurricular programs that provide struggling school districts with relevant instructional technology and materials. Our attempts at starting business and making headway failed. We did not conduct business. Our website was live until the dissolution paperwork was filed and accepted. We tried to work with people but everything fell through. We didnt raise funds. All expenses were paid for by Catherine Tomes in order to keep the website and Google Business live. Although we operate virtually we plan to become an information center and hub hosting supportive programs professional development workshops and events. For now we can be found online at www.thebookshelfinitiative.org
What it reported doing in 2024
Offering local resource guides working with local business owners to promote their businesses and forming partnerships with schools to provide information resources and library programming support. All available on our website.
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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 16
- Transparency & Controls: 82
- Sustainability: 15
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 42.9%; rating input score 43
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0.01; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 72.73; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: -113.7% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: Limited
- Asset growth: 0% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 42.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $468 in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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.
- Moderate — Financial Efficiency: Program expense ratio scored 43/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.