Form 990 for tax year 2024

Filed by BELIEVE IN BOOKS LITERACY FOUNDATION.

Totals

Total revenue: $383,112
Total expenses: $445,508
Contributions and grants received: $23,127
Grants paid: $2,999
Program service revenue: $35,000
Investment income: $87
Other revenue: $324,898
Total assets, end of year: $3,556,892
Total liabilities, end of year: $867,247
Net assets or fund balances, end of year: $2,689,645
Program services expenses (Part IX): $261,385
Management and general expenses: $165,801
Fundraising expenses: $18,322
Program service expenses (Part III): $261,385

Program services were 58.7% 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.

1b · Membership dues

$6,080
1f · All other contributions, gifts and grants

$17,047
2a · Program service revenue: CHILDRENS THEATER PROGRAM

total $35,000 · related or exempt $35,000
3 · Investment income

total $87 · excluded $87
6a · Gross rents

real property $82,637
6b · Less rental expenses

real property $95,348
6c · Rental income or loss

real property -$12,711
6d · Net rental income or loss

total -$12,711 · unrelated business -$12,711
8a · Fundraising events: gross income

$1,412,125
8b · Fundraising events: direct expenses

$1,057,337
8c · Net income from fundraising events

total $354,788 · unrelated business -$57,330 · excluded $412,118
10a · Gross sales of inventory

$24,640
10b · Cost of goods sold

$41,819
10c · Net income from sales of inventory

total -$17,179 · unrelated business -$17,179

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $2,999 · program services $2,999
5 · Compensation of officers, directors and key employees

total $82,294 · program services $44,312 · management and general $25,321 · fundraising $12,661
7 · Other salaries and wages

total $111,159 · program services $50,543 · management and general $60,616
9 · Other employee benefits

total $110 · program services $54 · management and general $49 · fundraising $7
10 · Payroll taxes

total $16,295 · program services $7,990 · management and general $7,239 · fundraising $1,066
11b · Fees: legal

total $3,132 · management and general $3,132
11c · Fees: accounting

total $11,364 · management and general $11,364
12 · Advertising and promotion

total $6,041 · program services $4,647 · management and general $1,162 · fundraising $232
13 · Office expenses

total $18,325 · management and general $18,325
16 · Occupancy

total $32,592 · program services $25,070 · management and general $6,268 · fundraising $1,254
20 · Interest

total $9,256 · program services $7,120 · management and general $1,780 · fundraising $356
22 · Depreciation, depletion and amortization

total $41,980 · program services $32,292 · management and general $8,073 · fundraising $1,615
23 · Insurance

total $15,678 · program services $8,863 · management and general $5,961 · fundraising $854
24a · Other expenses: BOOKS AND PROGRAM SUPPL

total $55,612 · program services $55,612
24b · Other expenses: CHILDRENS THEATER EXPEN

total $16,329 · program services $16,329
24c · Other expenses: DUES AND FEES

total $9,709 · management and general $9,709
24d · Other expenses: PAYROLL FEES

total $4,246 · management and general $4,246
24e · All other expenses

total $8,387 · program services $5,554 · management and general $2,556 · fundraising $277

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $138,026 · end of year $58,366
2 · Savings and temporary cash investments

beginning of year $780,915 · end of year $656,003
8 · Inventories for sale or use

beginning of year $3,314
10a · Land, buildings and equipment: cost or other basis

$5,037,200
10b · Land, buildings and equipment: accumulated depreciation

$2,194,677
10c · Land, buildings and equipment, net

beginning of year $2,734,438 · end of year $2,842,523
23 · Secured mortgages and notes payable

beginning of year $102,732 · end of year $84,456
24 · Unsecured notes and loans payable

beginning of year $801,920 · end of year $782,791
29 · Capital stock, trust principal or current funds

beginning of year $0 · end of year $0
30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $0 · end of year $0
31 · Retained earnings, endowment or other funds

beginning of year $2,752,041 · end of year $2,689,645

Mission and programs · 2024

Mission

THE BELIEVE IN BOOKS LITERACY FOUNDATION HAS A BROADENING MISSION TO ENHANCE THE QUALITY OF LIFE BY EDUCATION, PROMOTION, ENCOURAGEMENT AND AID TO THOSE OF ALL AGES IN THE APPRECIATION OF READING AND LITERATURE, MAKING A POSITIVE IMPACT ON LITERACY.

Activities or mission (Part I)

PROMOTION AND PROVISION OF LITERACY PROGRAMS.

THE ORGANIZATION PROVIDES BOOKS THROUGH ITS BOOKBAG PROGRAM TO LOCAL ELEMENTARY AND PRE-SCHOOLS ALONG WITH OTHER READING RELATED PROGRAMS, SUCH AS ITS "BOOKS IN CHARACTERS" OUTREACH PROGRAM AND "BOOKS FROM BIRTH" PROGRAM TO ENCOURAGE READING FROM EARLY CHILDHOOD THROUGH SCHOOL AND ADULTHOOD. ALSO, THE FOUNDATION FURTHERS ITS EXEMPT PURPOSE THROUGH ITS ANNUAL JOURNEY TO THE NORTH POLE EVENT. THIS EVENT STRIVES TO ENHANCE THE QUALITY OF LIFE AND DEVELOP THE IMAGINATION OF CHILDREN THROUGH THE ENACTMENT OF A CHILDREN'S CHRISTMAS BOOK. WHILE BRINGING TO LIFE THE POPULAR STORY, THE EVENT HELPS DEVELOP THE IMAGINATION OF THE PARTICIPANTS WHILE FOSTERING AN EXCITEMENT FOR READING.

Expenses $242,057
THE ORGANIZATION ISSUES GRANTS TO LOCAL ORGANIZATIONS THAT PROMOTE CHILDREN READING AND LITERACY PROGRAMS SO THAT THEIR GOAL OF REACHING AS MANY LOCAL CHILDREN AS POSSIBLE IS ACHEIVED. IN ADDITION THE ORGANIZATION ALSO PROVIDES COLLEGE SCHOLARSHIP MONIES FOR LOCAL STUDENTS INVOLVED IN LITERACY PROGRAMS.

Expenses $2,999 · Grants $2,999
THE ORGANIZATION PUTS ON CHILDRENS THEATER PROGRAMS AND EVENTS THROUGHOUT THE YEAR TO PROMOTE THE ARTS AND PROVIDE LITERACY RELATED PROGRAMS FOR SCHOOL-AGE CHILDREN AS WELL AS PROVIDE A SET FOR THEIR ANNUAL "JOURNEY TO THE NORTH POLE" ENACTMENT. THE ORGANIZATION'S PROPERTY ALSO INCLUDES A PUBLIC HIKING TRAIL, AN EDUCATIONAL "STORYWALK" TRAIL, AS WELL AS AN EDUCATIONAL MAPLE SUGARING HOUSE WHERE CHILDRENS' GROUPS AND ADULTS CAN LEARN ABOUT THE HISTORY AND PROCESS OF MAPLE SUGARING IN NEW HAMPSHIRE.

Expenses $16,329 · Revenue $35,000

As filed on the 2024 return.

Listed in Part VII

Charles HendersonCHARLES HENDERSON

DIRECTOR

Total calculated

$0

Hours/week

1
Madelaine PlaucheMADELAINE PLAUCHE

DIRECTOR

Total calculated

$0

Hours/week

1
Dana BelcherDANA BELCHER

CHAIR

Total calculated

$0

Hours/week

1
Ken LydeckerKEN LYDECKER

TREASURER

Total calculated

$0

Hours/week

1
Fred ChamberlainFRED CHAMBERLAIN

DIRECTOR

Total calculated

$0

Hours/week

1
Ao LucyAO LUCY

EXEC. DIRECTOR

Total calculated

$126,835

From this org

$126,607

From related orgs

$0

Other

$228

Hours/week

40

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: 2024
Filed: 13 July 2026
IRS schema version: 2024v5.5
Source object: 202621949349301677

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