50 Free Books Inc

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

EIN: 873295231 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is 50 Free Books Inc?

50 Free Books Inc is a nonprofit organization committed to distributing free literature authored by individuals historically underrepresented in the American literary scene. They acquire these books from independent bookstores and facilitate their donation as a means of promoting diverse voices in literature. This initiative aims to provide access to these works, thereby encouraging reading and broadening perspectives.

Is 50 Free Books Inc legitimate?

50 Free Books Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 50 Free Books Inc submitted a form 990EZ, 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.

What is the mission statement of 50 Free Books Inc?

50 Free Books Inc's mission is centered around distributing free books, primarily authored by individuals who have historically faced marginalization in the United States. The organization sources its books from independent bookstores and facilitates the donation of these literary works. The primary goal is to make these books accessible to a wider audience, contributing to the promotion of diverse voices in literature.

Who is the CEO of 50 Free Books Inc?

Teresa Canfield is the Ceo of 50 Free Books Inc. The CEO's salary of 50 Free Books Inc is $0 and their total compensation is $0.

What is the revenue of 50 Free Books Inc?

50 Free Books Inc's revenue in 2022 was $11,601.

Who are the executives of 50 Free Books Inc and what are their salaries?


Here are 3 key members and their salaries (50 Free Books Inc's CEO's salary is $0 and their total compensation is $0):


Teresa Canfield (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Canfield (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Canfield (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for 50 Free Books Inc?

50 Free Books Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of 50 Free Books Inc

50 Free Books Inc is committed to a noble mission. This nonprofit organization aims to distribute free books written by authors who have historically faced marginalization in America. They source their books from independent bookstores and facilitate donations of literary works. In essence, 50 Free Books Inc serves as a platform for promoting underrepresented voices through the medium of literature, making these books accessible to readers for free.

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Impact




August, 2024

50 Free Books Inc is making a significant impact by providing free books written by marginalized authors to individuals in America. They support independent bookstores by purchasing all the books they give away. Through their donations of literary works, they are contributing to the education and empowerment of individuals in Los Angeles and beyond. This initiative not only promotes diverse voices and perspectives but also fosters a culture of reading and learning within communities, ultimately promoting inclusivity and awareness of underrepresented authors.




This information is meant to be a general summary of 50 Free Books 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
$11,601 (2022)
Expenses
$11,601 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $11,601

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Principal Officer

Teresa Canfield

Main Address

3317 GARDEN AVE, LOS ANGELES, CA, 90039

NTEE Category

Code: B99 - Education

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