Overview
What is Catholic Book Store?
Catholic Book Store is a nonprofit organization situated in New Orleans, Louisiana, specifically at 3003 S Carrollton Ave. Their primary mission revolves around selling religious books, articles, and music to various entities such as religious orders, theological students, Church parishes, and the general public. With a modest workforce of three employees, this organization plays a crucial role in supplying spiritual literature to those in need, contributing to the religious and educational community.
Official website here: www.cbstorenola.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (61%)
Catholic Book Store has received a "Needs Improvement" rating, indicating some strengths and significant areas for improvement. The organization excels in accountability and finance, achieving a perfect score of 100% in this category. Notably, it has a majority of independent board members and has shown no material diversion of assets, reflecting good governance practices overall.
However, several critical policies are missing from their operations. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction protocols negatively impacts their overall score. Additionally, while the organization does keep minutes from board meetings, it has not posted its tax forms on its website, which could enhance transparency.
The organization's high program expense ratio of 100% indicates that all of its expenses are directed towards program activities, suggesting a strong commitment to its mission. Nonetheless, the liabilities to assets ratio of 87.44% raises concerns about financial stability, highlighting the need for improved financial management strategies going forward.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Book Store legitimate?
Catholic Book Store is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Book Store 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: $58,318
For more financial information, click here
Official website here: www.cbstorenola.com
What is the mission statement of Catholic Book Store?
The Catholic Book Store's mission is centered around selling religious books, articles, and music. It caters to various audiences, including religious orders, theological students, Church parishes, and the general public. The store's mission is to provide these religious materials, contributing to the spiritual needs and education of its customers.
Official website here: www.cbstorenola.com
Who is the CEO of Catholic Book Store?
Robert Hopkins is the President of Catholic Book Store.
Official website here: www.cbstorenola.com
What is the revenue of Catholic Book Store?
Catholic Book Store's revenue in 2023 was $52,387.
Official website here: www.cbstorenola.com
Who are the executives of Catholic Book Store and what are their salaries?
The average compensation at Catholic Book Store during 2023 was $19,439. There are 3 employees at Catholic Book Store.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cbstorenola.com
Where can I find the form 990 for Catholic Book Store?
Catholic Book Store's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cbstorenola.com
Learn more at the official website: www.cbstorenola.com
Mission Statement of Catholic Book Store
Catholic Book Store, a nonprofit entity, is dedicated to serving religious orders, theological students, Church parishes, and the general public by selling religious books, articles, and music. The organization's mission is to provide a wide range of religious materials that cater to the spiritual needs of various religious communities and individuals. By selling these items, Catholic Book Store contributes to the religious education and devotion of its clientele, ensuring that they have access to essential resources for their faith. The nonprofit's activities are not limited to religious institutions; it also extends its services to the general public, offering a diverse selection of religious materials for personal use and reflection.
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Impact
August, 2024
The impact of Catholic Book Store lies in its provision of religious books, articles, and music to religious orders, theological students, church parishes, and the general public. By offering these resources, the bookstore helps individuals deepen their spiritual life, enhance their religious education, and strengthen their connection to their faith. This impact extends beyond just providing goods for purchase; it contributes to the enrichment of religious communities and the personal growth of individuals seeking to deepen their relationship with their faith. Ultimately, Catholic Book Store's impact is felt in the spiritual development and enrichment of those who engage with its offerings.
This information is meant to be a general summary of Catholic Book Store. 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: $2
- Gross Receipts: $112,739
Assets and Liabilities:
- Total Assets: $194,240
- Total Liabilities: $169,853
- Net Assets: $24,387
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Organization Details
Founding Year
1939
Phone
(504) 861-7504Principal Officer
Robert Hopkins
Main Address
3003 S CARROLLTON AVE, NEW ORLEANS, LA, 701184303
Website
www.cbstorenola.comNTEE Category
Code: X22Z - Religion related
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