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Nonprofit · EIN 61-6039627

INTERNATIONAL BOOK PROJECT INC

Also known as IBP

Tax-exempt · LEXINGTON, KY 40505

Financials

$3.3M$3.4M2023$1.5M$1.4M2024$917K$1M2025
Revenue Expenses · by fiscal year end
Financials of INTERNATIONAL BOOK PROJECT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$916,825$1,024,125-$107,300$1,083,450$0$1,083,450
December 31, 2024990$1,508,116$1,409,895$98,221$1,160,163$0$1,160,163
December 31, 2023990$3,314,362$3,369,488-$55,126$1,009,251$0$1,009,251
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$890,171
Program service revenue
$6,426
Investment income
$17,291
Net income from fundraising events
-$1,888
Net income from sales of inventory
$4,369
Other revenue
$2,937

Expenses

Grants and similar amounts paid
$618,420
Compensation of officers, directors and key employees
$71,795
Other salaries and wages
$103,849
Salaries, compensation and benefits (total)
$219,503
Professional fundraising fees
$0
Occupancy
$9,517
Depreciation
$41,831
Program services (functional)
$908,482
Management and general (functional)
$64,972
Fundraising (functional)
$50,671

Balance sheet and other

Total assets, start of year
$1,160,163
Total assets, end of year
$1,083,450
Total liabilities, end of year
$0
Net assets, end of year
$1,083,450
Land, buildings and equipment
$495,822
Net assets without donor restrictions
$942,300
Net assets with donor restrictions
$141,150
Gross receipts
$930,566
Employees
7
Volunteers
337
Year formed
1966
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
RACHEL RAYEXECUTIVE DIRECTOR
Trustee or director, Officer
40$71,795
ALICE BOWENPRESIDENT
Trustee or director, Officer
1$0
WADE LITTRELLTREASURER
Trustee or director, Officer
1$0
JORDAN PARKERSECRETARY
Trustee or director, Officer
0.3$0
DANIEL SPRAGUEAT-LARGE
Trustee or director, Officer
0.3$0
KENDALL ANDERSONBOARD MEMBER
Trustee or director
0.3$0
LASAHWN BARBERBOARD MEMBER
Trustee or director
0.3$0
DAVID COBBBOARD MEMBER
Trustee or director
0.3$0
JOSH DOUGLASBOARD MEMBER
Trustee or director
0.3$0
WILL GLASSCOCKBOARD MEMBER
Trustee or director
0.3$0
SARAH LANGERBOARD MEMBER
Trustee or director
0.3$0
HANNAH LEGRISBOARD MEMBER
Trustee or director
0.3$0
STEPHANIE MELVINBOARD MEMBER
Trustee or director
0.3$0
JUSTIN MORGANBOARD MEMBER
Trustee or director
0.3$0
LORNA PATCHESBOARD MEMBER
Trustee or director
0.3$0
2 more people on this return
NameTitleHours / weekCompensation
KRISTEN PERRYBOARD MEMBER
Trustee or director
0.3$0
JOHN E SALSMAN IIIBOARD MEMBER
Trustee or director
0.3$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensation
LISA FRYMANEXECUTIVE DIRECTOR
Trustee or director, Officer
40$59,593
ALICE BOWENPRESIDENT
Trustee or director, Officer
1$0
DANIEL SPRAGUEAT-LARGE
Trustee or director, Officer
0.3$0
JORDAN PARKERSECRETARY
Trustee or director, Officer
0.3$0
WADE LITTRELLTREASURER
Trustee or director, Officer
1$0
HANNAH LEGRISBOARD MEMBER
Trustee or director
0.3$0
DAVID COBBBOARD MEMBER
Trustee or director
0.3$0
JOSH DOUGLASBOARD MEMBER
Trustee or director
0.3$0
ALEX GARDNERBOARD MEMBER
Trustee or director
0.3$0
KENDALL ANDERSONBOARD MEMBER
Trustee or director
0.3$0
WILL GLASSCOCKBOARD MEMBER
Trustee or director
0.3$0
JUSTIN MORGANBOARD MEMBER
Trustee or director
0.3$0
LORNA PATCHESBOARD MEMBER
Trustee or director
0.3$0
KRISTEN PERRYBOARD MEMBER
Trustee or director
0.3$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
LISA FRYMANEXECUTIVE DIRECTOR
Trustee or director, Officer
40$69,267
SUSANNAH STITZERPRESIDENT
Trustee or director, Officer
1$0
DANIEL SPRAGUEBOARD MEMBER
Trustee or director
0.3$0
ALICE BOWENVICE PRESIDENT
Trustee or director, Officer
1$0
WADE LITTRELLTREASURER
Trustee or director, Officer
1$0
DABNEY PARKERBOARD MEMBER
Trustee or director
0.3$0
GREGORY HALLBOARD MEMBER
Trustee or director
0.3$0
HANNAH LEGRISBOARD MEMBER
Trustee or director
0.3$0
KELLY BROADBENTBOARD MEMBER
Trustee or director
0.3$0
DAVID COBBBOARD MEMBER
Trustee or director
0.3$0
SARAH OLIVEBOARD MEMBER
Trustee or director
0.3$0
JOSH DOUGLASBOARD MEMBER
Trustee or director
0.3$0
ALEX GARDNERBOARD MEMBER
Trustee or director
0.3$0
JORDAN PARKERBOARD MEMBER
Trustee or director
0.3$0
DANIEL FULTONBOARD MEMBER
Trustee or director
0.3$0
LORNA PATCHESBOARD MEMBER
Trustee or director
0.3$0

Address and contacts

Address (IRS master file)
1440 DELAWARE AVE, LEXINGTON, KY 40505-4010
Principal officer (990 for 2025)
RACHEL RAY, 1440 DELAWARE AVENUE, LEXINGTON, KY 40505
Signed the 990
RACHEL RAY, EXECUTIVE DIRECTOR
Phone
(859) 254-6771
Return prepared by
BESTEN & DIERUF PLLC

Mission

INTERNATIONAL BOOK PROJECT DEVELOPS LASTING PARTNERSHIPS WITH EDUCATORS IN UNDERSERVED COMMUNITIES TO PROVIDE BOOKS, PROMOTE LITERACY, AND ADVANCE OPPORTUNITY.

990 for the year ended December 31, 2025

Program accomplishments

  • INTERNATIONAL BOOK PROJECT, INC. DISTRIBUTED 101,040 BOOKS TO VARIOUS COUNTRIES.
    Expenses $908,482 · grants $618,420 · revenue $11,251

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-6039627
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1967
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,083,450
Income (IRS master file)
$930,566

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$916,825$1,024,125$1,083,450XML
990December 2024$1,508,116$1,409,895$1,160,163XML
990December 2023$3,314,362$3,369,488$1,009,251XML
990December 2022$2,389,161$2,385,231$1,015,924IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-6039627).

Questions about INTERNATIONAL BOOK PROJECT INC

What is the EIN of INTERNATIONAL BOOK PROJECT INC?
The employer identification number (EIN) of INTERNATIONAL BOOK PROJECT INC is 61-6039627.
Is INTERNATIONAL BOOK PROJECT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
Are donations to INTERNATIONAL BOOK PROJECT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INTERNATIONAL BOOK PROJECT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INTERNATIONAL BOOK PROJECT INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INTERNATIONAL BOOK PROJECT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of INTERNATIONAL BOOK PROJECT INC?
The 990 for the year ended December 31, 2025 names RACHEL RAY.
Who are the officers and directors of INTERNATIONAL BOOK PROJECT INC?
The 990 for the year ended December 31, 2025 lists 17 people; 1 received compensation from the organization, the highest $71,795 (RACHEL RAY, EXECUTIVE DIRECTOR).
How much revenue does INTERNATIONAL BOOK PROJECT INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $916,825, expenses of $1,024,125 and total assets of $1,083,450 at year end.

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