Promising Pages Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 452540702 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Promising Pages Inc?

Promising Pages Inc, situated in Charlotte, North Carolina, is a dedicated nonprofit organization that aims to bridge the literacy gap in the local area known as the Book Desert. This term refers to communities where access to books is limited, affecting children who often have few or no books at home. Promising Pages collects both new and donated books and distributes them to these children through various partnerships with 226 schools and community organizations, serving a total of 54,364 students during the 2021-2022 fiscal year. Their mission is to foster a culture of book sharing and ownership, envisioning a world where all children have personal libraries of chosen books to read, allowing them to see themselves represented in the stories and develop a lifelong love for reading. With a small team of 10 dedicated individuals, Promising Pages Inc is dedicated to making a significant impact on literacy in the Charlotte community.


Official website here: www.promising-pages.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85%, Three-Star out of Four Star rating.

Promising Pages Inc has received a solid Three-Star rating from Charity Navigator, reflecting its overall performance and impact in the nonprofit sector. The charity scored particularly well in Accountability & Finance with an impressive 83%, indicating effective management of resources and transparency in financial practices. Additionally, its Culture & Community score of 90 shows a strong commitment to fostering an inclusive environment and engaging with the community.

The charity's Equity Strategies Score of 85 highlights its dedication to equitable practices within its operations. This suggests that Promising Pages Inc places importance on addressing disparities and promoting fair opportunities in its mission. However, while the scores are commendable, the lower weight in the Culture & Community category (17%) indicates that there might be room for growth in community engagement and support initiatives.

Overall, Promising Pages Inc demonstrates a strong foundation in responsible financial practices and community engagement, contributing positively to its mission of promoting literacy and improving access to books. Continued focus on enhancing community outreach could further strengthen its impact and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Promising Pages Inc legitimate?

Promising Pages Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promising Pages Inc 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: $55,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,644

For more financial information, click here


Official website here: www.promising-pages.org

What is the mission statement of Promising Pages Inc?

Promising Pages Inc, as a book bank, aims to collect and distribute new and donated books to children residing in areas with limited book access, often referred to as 'Book Deserts'. Their mission is multifaceted, including the establishment of a culture of book sharing and ownership. They envision a world where every child has a personal library of chosen books, sees themselves represented in the literature they read, and develops a lifelong joy for reading. By doing so, they strive to bridge the gap in literacy and foster a love for books.


Official website here: www.promising-pages.org

Who is the CEO of Promising Pages Inc?

Matthew Susong is the Chairman of Promising Pages Inc.


Official website here: www.promising-pages.org

What is the revenue of Promising Pages Inc?

Promising Pages Inc's revenue in 2022 was $1,031,595.


Official website here: www.promising-pages.org

Who are the executives of Promising Pages Inc and what are their salaries?

The average compensation at Promising Pages Inc during 2022 was $21,394. There are 10 employees and 2107 volunteers at Promising Pages Inc.


Here are 14 key members and their salaries:


Eric Law (Executive Dir.)
  • Compensation: $55,300
  • Related: $0
  • Other: $0
Marcy Neale (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Prentice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Susong (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Hurd (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtnie Coble Mcintosh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Kocaj (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Theodore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyra Pearson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara West (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Murphy Curlis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Arcodia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Taylor (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.promising-pages.org

Where can I find the form 990 for Promising Pages Inc?

Promising Pages Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.promising-pages.org

Learn more at the official website: www.promising-pages.org

Mission Statement of Promising Pages Inc

Promising Pages, an organization dedicated to making a difference in children's lives, operates as The Charlotte Area Book Bank. Its primary mission is to collect and distribute new and donated books to children residing in areas with limited book access, often referred to as Book Deserts. This mission is driven by the belief that every child should have a personal library of self-selected books at home. Promising Pages aims to foster a culture of book sharing and ownership, envisioning a world where every child can see themselves reflected in the books they read and develop a lifelong joy of reading. By providing children with an ample supply of books, the organization hopes to instill a love for reading and help them develop essential literacy skills.

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Impact




July, 2024

Promising Pages Inc's impact can be seen in the significant contribution it makes towards addressing the issue of book scarcity among children living in the Charlotte Area Book Desert. By collecting and distributing new and donated books, Promising Pages ensures that children who lack access to books at home are provided with opportunities to build their own home libraries. This initiative not only promotes literacy but also encourages a culture of book sharing and ownership, empowering children to develop a lifelong love for reading. During the past fiscal year, Promising Pages collected over 270,000 books and shared them with more than 54,000 students through various schools and community partners. By reaching out to these children and providing them with books, Promising Pages is actively working towards creating a future where all children have the resources they need to become enthusiastic readers and lifelong learners.




This information is meant to be a general summary of Promising Pages Inc. 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.

Revenue
$1,031,595 (2022)
Expenses
$954,574 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5
  • Gross Receipts: $1,031,595

Assets and Liabilities:

  • Total Assets: $302,065
  • Total Liabilities: $0
  • Net Assets: $302,065

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Organization Details

Founding Year

2011

Principal Officer

Matthew Susong

Main Address

4020 Yancey Road, Charlotte, NC, 28217

NTEE Category

Code: B92 - Education

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