Overview
What is Book Trust?
Book Trust is a teacher-led, student-driven national early literacy program based in Denver, Colorado. Established in 2001, its mission is to provide equitable access to books of choice for children, fostering reading motivation and engagement. The organization operates in 13 states, serving 47,527 elementary students and 198 schools during the 2022-2023 academic year. Book Trust partners with teachers and school administrators to facilitate a step-by-step process, enabling students to select and own new Scholastic books throughout the school year. This initiative empowers students to develop a love for reading and build their personal home libraries. Book Trust's workforce comprises 10 dedicated individuals, contributing to the organization's mission.
Official website here: www.booktrust.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100% (Four-Star out of Four Star rating)
Book Trust demonstrates exceptional accountability and financial health, achieving a perfect score of 100%, which reflects its strong governance and sound financial practices. The organization is governed by a wholly independent board, which is crucial for maintaining integrity and transparency. The presence of an Audit and Oversight Committee, coupled with a thorough conflict of interest policy, further enhances its credibility.
Financially, Book Trust shows a robust dedication to its programs, with 73.06% of its expenses directed toward its mission. The charity maintains a favorable liabilities-to-assets ratio of 20.16%, indicating a stable financial position. Additionally, the fundraising efficiency is commendable, requiring only $0.20 to raise a dollar, which suggests effective resource management and a strong commitment to maximizing donor contributions.
While the data points to strong organizational strengths, potential supporters can have confidence in Book Trust's operational practices and its commitment to transparency. The absence of material asset diversions and a clear demonstration of financial responsibilities affirm its reliability as a nonprofit. Overall, Book Trust ranks highly among charitable organizations, making it a solid choice for donors interested in supporting educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Book Trust?
94% of the 12 reviewers on Facebook recommend Book Trust. Here’s a look at what they had to say:
The general sentiment towards Book Trust is positive, with users appreciating the program's mission and impact in promoting literacy for children. Many noted the importance of access to books and how the organization effectively encourages reading among young learners.
Overall, supporters express satisfaction with the services provided, highlighting the positive influence of Book Trust's initiatives on children's education and development.
This AI summary has been generated from reviews found on Facebook.
Is Book Trust legitimate?
Book Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Book Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $203,674
Professional Fundraising Fees: $560,866
Other Salaries and Wages: $683,017
For more financial information, click here
Official website here: www.booktrust.org
What is the mission statement of Book Trust?
Book Trust's mission aims to provide all children with equal access to books of their choice, fostering reading motivation and engagement. This organization believes that every child should experience the joy and power of reading, cultivating a lifelong love of learning. Since its inception in 2001, Book Trust has expanded its reach, serving 47,527 elementary students across 13 states during the 2022-2023 academic year. During this period, Book Trust collaborated with 198 Book Trust managers, 2,371 teachers, and 198 schools, engaging students in the process of book choice, ownership, and celebration of over 706,000 new Scholastic books.
Official website here: www.booktrust.org
Who is the CEO of Book Trust?
Stacey Kirkland is the President & of Book Trust.
Official website here: www.booktrust.org
What is the revenue of Book Trust?
Book Trust's revenue in 2023 was $3,572,630.
Official website here: www.booktrust.org
Who are the executives of Book Trust and what are their salaries?
The average compensation at Book Trust during 2023 was $88,669. There are 10 employees and 216 volunteers at Book Trust.
Here are 12 key members and their salaries:
- Compensation: $175,554
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- Other: $23,545
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Official website here: www.booktrust.org
Where can I find the form 990 for Book Trust?
Book Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.booktrust.org
Learn more at the official website: www.booktrust.org
Mission Statement of Book Trust
Book Trust, an organization established in 2001, is committed to providing equitable access to books of choice for all children. Its mission is to foster reading motivation and engagement among young learners by making reading an enjoyable and empowering experience. The organization believes that every child should discover the joy and power of reading, which can cultivate a lifelong love of learning. Over the years, Book Trust has expanded its reach, serving 47,527 elementary students across 13 states during the 2022-2023 academic year. The organization partners with teachers, book managers, and schools to engage students in book choice, ownership, and celebration, distributing over 706,000 new Scholastic books during this time. Book Trust's initiatives aim to promote reading as a cherished activity, instilling a sense of pride and excitement in the act of reading among children.
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Impact
October, 2024
Book Trust has significantly impacted the literacy landscape by ensuring that children have equitable access to books of their choice, which fosters reading motivation and engagement. In the 2022-2023 school year alone, over 47,500 elementary students across 198 schools in 13 states selected and received 706,725 new books through this initiative.
Through a teacher-led, student-driven approach, Book Trust supports a process that allows students to discover the joy and power of reading. This not only helps in cultivating a lifelong love of learning but also enables students to build personal home libraries, enhancing their reading experiences. Since its inception in 2001, the program has expanded from serving just 170 students in Colorado to impacting tens of thousands nationwide, demonstrating its growing influence on early literacy and education. By engaging both educators and students, Book Trust champions the importance of choice and ownership in reading, ultimately nurturing a culture that celebrates books and literacy.
This information is meant to be a general summary of Book Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $109,640
- Program Service Revenue: $920,990
- Gross Receipts: $3,636,539
Assets and Liabilities:
- Total Assets: $4,383,991
- Total Liabilities: $884,168
- Net Assets: $3,499,823
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOOK TRUST PROGRAM
Revenue
$920,990
Organization Details
Founding Year
2006
Phone
(720) 458-9889Principal Officer
Stacey Kirkland
Main Address
191 UNIVERSITY BLVD STE 527, DENVER, CO, 80206
Website
www.booktrust.orgNTEE Category
Code: B24 - Education
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