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The Maryland Book Bank Inc

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

EIN: 462714742 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is The Maryland Book Bank Inc?

The Maryland Book Bank Inc, located in Baltimore, Maryland, is a nonprofit organization dedicated to bridging the literacy gap by enhancing access to high-quality, age-appropriate books. Their primary mission is to equip low-income elementary school students, specifically from kindergarten to second grade, with the power to build their personal libraries. This is achieved through their Home Library Program, which provides 10 self-selected books for each student. The organization's activities are centered around increasing literacy levels by making books more accessible in homes, classrooms, and community settings. With a team of 11 dedicated individuals, The Maryland Book Bank Inc continues to empower children with the joy of reading.


Is The Maryland Book Bank Inc legitimate?

The Maryland Book Bank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Maryland 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.

Here are some key statistics you may want to consider:

Executive Compensation: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,419

For more financial information, click here


What is the mission statement of The Maryland Book Bank Inc?
Who is the CEO of The Maryland Book Bank Inc?
What is the revenue of The Maryland Book Bank Inc?
Who are the executives of The Maryland Book Bank Inc and what are their salaries?

The average compensation at The Maryland Book Bank Inc during 2022 was $20,038. There are 11 employees and 1,500 volunteers at The Maryland Book Bank Inc.

Here are 16 key members and their salaries:


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

Mission Statement of The Maryland Book Bank Inc

The Maryland Book Bank Inc, an organization dedicated to bridging the literacy gap, aims to enhance access to high-quality, age-appropriate books in various settings, such as homes, classrooms, and communities. They achieve this by empowering the individuals they serve to select and accumulate their personal libraries. By doing so, the Maryland Book Bank Inc strives to bridge the literacy gap, thereby providing a solid foundation for learning and personal growth for those they assist.

Impact

This information is meant to be a general summary of The Maryland Book Bank Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The Maryland Book Bank Inc's impact lies in bridging the literacy gap by providing increased access to quality age-appropriate books in homes, classrooms, and community settings. Through programs like the Home Library Program, The Maryland Book Bank Inc targets elementary low-income students in Baltimore, specifically focusing on K-2nd grade students and providing them with 10 self-selected, age-appropriate books to build their own libraries. This initiative empowers individuals to choose books that resonate with them, fostering a love for reading and promoting literacy among disadvantaged youth.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $5,994,145

    • Assets and Liabilities:
  • Total Assets: $370,105
  • Total Liabilities: $9,506
  • Net Assets: $360,599
  • Organization Details

    Founding Year

    2013

    Principal Officer

    Mark Feiring

    Main Address

    1794 UNION AVE, BALTIMORE, MD, 21211

    NTEE Category

    Code: A52 - Arts

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