Totals
- Total revenue
- $909,239
- Total expenses
- $1,151,756
- Contributions and grants received
- $913,522
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $7
- Other revenue
- -$4,290
- Total assets, end of year
- $71,201
- Total liabilities, end of year
- $11,653
- Net assets or fund balances, end of year
- $59,548
- Program services expenses (Part IX)
- $1,050,060
- Management and general expenses
- $63,483
- Fundraising expenses
- $38,213
- Program service expenses (Part III)
- $1,050,060
Program services were 91.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$21,769
-
1f · All other contributions, gifts and grants
$891,753
-
1g · Noncash contributions included above
$695,613
-
3 · Investment income
total $7 · excluded $7
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: contributions included on line 1c
$21,769
-
8b · Fundraising events: direct expenses
$4,290
-
8c · Net income from fundraising events
total -$4,290
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $59,290 · program services $17,787 · management and general $14,823 · fundraising $26,680
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $191,908 · program services $161,959 · management and general $22,091 · fundraising $7,858
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $19,217 · program services $13,751 · management and general $2,824 · fundraising $2,642
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $14,736 · program services $643 · management and general $14,093
-
12 · Advertising and promotion
total $3,147 · program services $2,252 · management and general $462 · fundraising $433
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $1,921 · management and general $1,921
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $350 · program services $251 · management and general $51 · fundraising $48
-
23 · Insurance
total $1,676 · management and general $1,676
-
24a · Other expenses: Distributed books
total $845,737 · program services $845,737
-
24b · Other expenses: Computer & Software
total $7,605 · program services $3,906 · management and general $3,699
-
24c · Other expenses: Dues & Subscriptions
total $1,640 · program services $1,174 · management and general $241 · fundraising $225
-
24d · Other expenses: Telephone
total $1,533 · program services $1,097 · management and general $225 · fundraising $211
-
24e · All other expenses
total $2,996 · program services $1,503 · management and general $1,377 · fundraising $116
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $131,276 · end of year $32,769
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $15,037 · end of year $6,259
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $155,401 · end of year $32,173
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$3,995
-
10b · Land, buildings and equipment: accumulated depreciation
$3,995
-
10c · Land, buildings and equipment, net
beginning of year $351 · end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
end of year $11,653
-
27 · Net assets without donor restrictions
beginning of year $292,065 · end of year $59,548
-
28 · Net assets with donor restrictions
beginning of year $10,000
Mission and programs · 2022
Mission
Promising Pages is The Charlotte Area Book Bank! Our mission is to collect new and donated books and share them with children living in the Charlotte Area Book Desert: those with few, if any, books at home. We work to create a culture of book sharing and ownership. We envision a world where all children have home libraries of self-selected books, can see themselves reflected in the books they read, and have made reading a joyful habit for a lifetime.
-
Promising Pages collects new and donated books and shares them with children living in the Charlotte Area Book Desert: those with few, if any, books at home. During the 2022-2023 fiscal year, we collected 272,077 books, and shared 283,651 books with 64,180 students via 154 partners (schools, day care centers, other nonprofits, affordable housing communities, and other child- and family-serving entities).
Expenses $1,050,060
As filed on the 2022 return.
Listed in Part VII
-
Eric Law
Executive Dir.
- Total calculated
- $59,290
- From this org
- $59,290
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Nicole Arcodia
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Isaac Oyer
Director
- Total calculated
- $0
- Hours/week
- 5
-
Matthew Susong
Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Nicholas Hurd
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Courtnie Coble McIntosh
Director
- Total calculated
- $0
- Hours/week
- 5
-
Nepherterra Estrada Best
Director
- Total calculated
- $0
- Hours/week
- 5
-
Margaret Kocaj
Director
- Total calculated
- $0
- Hours/week
- 5
-
Bob Theodore
Director
- Total calculated
- $0
- Hours/week
- 5
-
Nathan Smith
Director
- Total calculated
- $0
- Hours/week
- 5
-
Tara West
Director
- Total calculated
- $0
- Hours/week
- 5
-
Amy Murphy Curlis
Director
- Total calculated
- $0
- Hours/week
- 5
-
Marcy Neale
Vice Chair
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431349349307453
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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