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World Book Bank Inc

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

EIN: 463447763 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(3)

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Overview

What is World Book Bank Inc?

World Book Bank Inc is a nonprofit organization located in Oklahoma City, Oklahoma. With a team of three dedicated individuals, their primary mission is to provide free educational books to students, including those in correctional facilities. The organization collects religious, personal development, business, and educational books and distributes them to individuals imprisoned across various jails and prisons. Their goal is to promote learning and personal growth among these individuals, contributing to their rehabilitation and reintegration into society upon release.


Official website here: www.worldbookbank.org

Is World Book Bank Inc legitimate?

World Book Bank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Book Bank 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,132

For more financial information, click here


Official website here: www.worldbookbank.org

What is the mission statement of World Book Bank Inc?

World Book Bank Inc's mission is centered around donating a range of books, including religious, personal development, business, and educational materials, to individuals in jails and prisons. Their primary goal is to provide these resources free of charge, fostering an environment where incarcerated individuals can continue learning and personal growth. The organization's activities extend to students in prison, ensuring they have access to reading materials to aid their academic pursuits.


Official website here: www.worldbookbank.org

Who is the CEO of World Book Bank Inc?

Tom Pace is the Secretary of World Book Bank Inc.


Official website here: www.worldbookbank.org

What is the revenue of World Book Bank Inc?

World Book Bank Inc's revenue in 2022 was $363,306.


Official website here: www.worldbookbank.org

Who are the executives of World Book Bank Inc and what are their salaries?

The average compensation at World Book Bank Inc during 2022 was $15,377. There are 3 employees at World Book Bank Inc.


Here are 2 key members and their salaries:


Leslie Pace (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Pace (President/Ce)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.worldbookbank.org

Where can I find the form 990 for World Book Bank Inc?

World Book Bank Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.worldbookbank.org

Learn more at the official website: www.worldbookbank.org

Mission Statement of World Book Bank Inc

World Book Bank Inc is an organization dedicated to donating religious, personal development, business, and educational books to individuals in jails and prisons. Their mission is to provide these resources free of charge, allowing inmates to access knowledge and literature that can aid in their personal growth and development. By offering these books, World Book Bank Inc aims to contribute to the betterment of prisoners, fostering an environment that encourages education and self-improvement.

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Impact




October, 2024

World Book Bank Inc significantly impacts individuals in jails and prisons by donating a variety of books that promote education, personal development, and spiritual growth. By providing free access to religious, personal development, business, and educational resources, the organization supports inmates in their quest for knowledge and self-improvement. This effort fosters literacy, enhances critical thinking skills, and encourages personal reflection, which can be pivotal for rehabilitation. By facilitating reading among incarcerated individuals, World Book Bank Inc not only nurtures their intellectual curiosity but also contributes to a more informed and empowered population upon their reintegration into society. The initiative advances the cause of education and personal growth, demonstrating a commitment to transforming lives through the power of reading.




This information is meant to be a general summary of World Book Bank 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
$363,306 (2022)
Expenses
$389,584 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $363,306

Assets and Liabilities:

  • Total Assets: $131,793
  • Total Liabilities: $933
  • Net Assets: $130,860

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Organization Details

Founding Year

2013

Principal Officer

Tom Pace

Main Address

5915 NW 23RD STREET, OKLAHOMA CITY, OK, 73127

NTEE Category

Code: N68 - Recreation

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