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Nonprofit · EIN 56-2380561

BOOKS ARE GEMS

Tax-exempt · EL PASO, TX 79915

Financials

$96K$45K2021$76K$43K2023$157K$91K2024
Revenue Expenses · by fiscal year end
Financials of BOOKS ARE GEMS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$156,507$91,318$65,189$178,588$15,680$162,908
December 31, 2023990-EZ$75,723$42,662$33,061$33,061$0$33,061
December 31, 2021990-EZ$96,277$44,733$51,544$134,285–$134,285
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$148,479
Net income from fundraising events
$8,028

Expenses

Compensation of officers, directors and key employees
$22,589
Salaries, compensation and benefits (total)
$26,864
Professional fees and payments to contractors
$4,000
Occupancy
$5,790
Printing, publications and postage
$1,991
Other expenses
$52,673
Program services (functional)
$80,000

Balance sheet and other

Total assets, start of year
$139,121
Total assets, end of year
$178,588
Total liabilities, end of year
$15,680
Net assets, end of year
$162,908
Cash, savings and investments
$178,588
Gross receipts
$156,507

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Susan PattersonBookstore Manager25$11,746
Emma AcostaExecutive Director25$10,843
Louie GonzalezPresident10$0
Tomas Porras AcostaVice President10$0
Sofia VegaSecretary10$0
Alexis GonzalezTreasurer10$0
Lizeth ArredondoDirector5$0
Ivan ChavarriaDirector10$0
Paula MadrillesFounder & Board Director Emeritus2$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Louie GonzalezPresident10$0
Tomas Porras AcostaVice President10$0
Sofia Vegasecretary12$0
Alexis GonzalezTreasurer15$0
Ivan ChavarriaDirector10$0
Jackie DeanDirector10$0
990-EZ for the year ended December 31, 2021: 7 people
NameTitleHours / weekCompensation
Louie GonzalezPresident10$0
Liz ZamarripaVice President10$0
Sofia VegaSecretary10$0
Paul HauptTreasurer10$0
Jackie DeanBoard Member5$0
Chuck FernandezEmeritus Board Member5$0
Paula MadriilesEmeritus Board Member5$0

Address and contacts

Address (IRS master file)
7744 NORTH LOOP SUITE B, EL PASO, TX 79915-2907
In care of
% CHARLOTTE WHITFIELD
Mailing address (990-N for 2024)
7744 NORTH LOOP SUITE B, EL PASO TX 799152907
Principal officer (990-N for 2024)
Emma Acosta, 7744 NORTH LOOP SUITE B, EL PASO TX 79915
Signed the 990-EZ
Emma Acosta, Executive Director

Mission

Books Are Gems GEMS established in 2003 is a nonprofit bookstore with a 501c3 status devoted to fostering a love for reading among children and strengthening families through the power of literacy. Situated in El Paso Texas our impact extends across El Paso County Southern New Mexico and the Ft. Bliss communities. Our overarching vision centers on placing a book into the hands of every child effecting transformative change one book at a time. Our objective revolves around enhancing accessibility to books for all families thereby advancing literacy language proficiency and comprehension skills in both children and their caregivers. The context in which we operate is critical: El Pasos youth confront an illiteracy rate of around 18% and nearly a quarter of households lack access to Wi-Fi. Additionally the poverty rate for children in this region stands at 26% and the absence of public libraries in rural areas compounds the challenge.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • 1. Free Book Distribution Program Books Are Gems provides free new and gently used books to children and educators in the El Paso region. In 2024 over 24,000 children and 820 teachers benefited from this program. Children visiting the bookstore were able to choose up to eight books of their own increasing their interest in reading and supporting literacy development at home. Educators received free classroom resources to enhance their students learning experience. The program targets underserved families in a border community with high poverty and low literacy rates.
    Expenses $65,000 · grants $65,000
  • 2. Saturday Storytime and Family Literacy Program Our weekly Saturday Storytime sessions held in-person and streamed live on Facebook reached more than 3,000 children and families in 2024. Each session includes a read-aloud experience arts and crafts tied to the books theme and free take-home books. This bilingual program encourages early literacy promotes family reading and supports non-English-speaking parents who use storytime to improve their English skills while bonding with their children.
    Expenses $12,000 · grants $12,000
  • 3. Teacher and Community Partnership Outreach Books Are Gems collaborates with schools community organizations and childcare centers to host literacy events and deliver bulk book donations. In 2024 we distributed over 45,000 books to schools daycares and nonprofits across the El Paso region. We also hosted pop-up literacy events and participated in community fairs ensuring equitable access to books in underserved neighborhoods. This program helps create a culture of reading and supports educators in closing the literacy gap among at-risk youth.
    Expenses $3,000 · grants $3,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026Not on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
56-2380561
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
2004
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B94)
Assets (IRS master file)
$178,588
Income (IRS master file)
$156,507

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Emma Acosta
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$156,507$91,318$178,588XML
990-EZDecember 2023$75,723$42,662$33,061XML
990-N for 2021
Officer: Paul Haupt
December 31, 2021≤ $50,000 receipts––e-Postcard
990-EZDecember 2021$96,277$44,733$134,285XML

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 56-2380561).

Questions about BOOKS ARE GEMS

What is the EIN of BOOKS ARE GEMS?
The employer identification number (EIN) of BOOKS ARE GEMS is 56-2380561.
Is BOOKS ARE GEMS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to BOOKS ARE GEMS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BOOKS ARE GEMS file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of BOOKS ARE GEMS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BOOKS ARE GEMS last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of BOOKS ARE GEMS?
The 990-N for 2024 names Emma Acosta.
Who are the officers and directors of BOOKS ARE GEMS?
The 990-EZ for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $11,746 (Susan Patterson, Bookstore Manager).
How much revenue does BOOKS ARE GEMS have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $156,507, expenses of $91,318 and total assets of $178,588 at year end.

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