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Education : Youth Education Programs and Services

Open Books

Transforming lives through reading, writing, and the unlimited power of used books

three stars

86.65

651 West Lake Street Chicago, IL 60661
tel: (312) 475-1355   Web Site
EIN: 20-4830666

Board Leadership
Catherine Emig
Chair

CEO
Eric B. Johnson
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 86.65 three stars
  Financial 81.13 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Open Books transforms lives through reading, writing, and the unlimited power of books. Over the past 13 years, Open Books has grown into an award-winning organization that operates two bookstores located in West Loop and Pilsen. It also provides six literacy programs to birth-12th grade students and rewarding volunteer experiences for 800 adults every year.

Each year, Open Books engages over 6,000 youth in its literacy programs that boost students' skills and confidence and help them see themselves as readers and writers. Students who participate in the writing programs also become published authors. Through its book granting programs, Open Books donates over 160,000 books to children and under-resourced Chicago communities.

Open Books transforms lives through reading, writing, and the unlimited power of books. Over the past 13 years, Open Books has grown into an award-winning organization that operates two bookstores located in West Loop and Pilsen. It also provides six literacy programs to birth-12th grade students and rewarding volunteer experiences for 800 adults every year.

Each year, Open Books engages over 6,000 youth in its literacy programs that boost students' skills and confidence and help them see themselves as readers and writers. Students who participate in the writing programs also become published authors. Through its book granting programs, Open Books donates over 160,000 books to children and under-resourced Chicago communities.

Impact Information

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Reported Results
Total in 2017
Number of students enrolled
3,825
Number of books distributed
133,598
Number of hours of coaching
17,319
This impact information is current as of January 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

81.13

Accountability & Transparency

four stars

100.00

This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
85.7%
  Administrative Expenses 6.3%
  Fundraising Expenses 7.9%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.12
  Program Expenses Growth 7.6%
  Liabilities to Assets 50.1%
All data for Financial Performance Metrics calculations was provided by Open Books on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Open Books on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Open Books (IL) 86.65 three stars
Page Ahead Children's Literacy Program (WA) 97.98 four stars
Ekal Vidyalaya Foundation of USA (TX) 86.31 three stars
National Center for Families Learning (KY) 89.75 three stars
Read Alliance (NY) 88.11 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,477,134
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $33,403
   Related Organizations $0
   Government Grants $0
Total Contributions $1,510,537
   Program Service Revenue $51,843
Total Primary Revenue $1,562,380
   Other Revenue $673,076
TOTAL REVENUE $2,235,456
   
EXPENSES  
   Program Expenses $1,924,958
   Administrative Expenses $136,791
   Fundraising Expenses $176,894
TOTAL FUNCTIONAL EXPENSES $2,238,643
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-3,187
   
Net Assets $251,449

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
School Programming $1,924,958 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 04/01/2020 86.65 three stars
2017-06 08/01/2018 84.17 three stars
2016-06 09/01/2017 89.02 three stars
2016-06 08/01/2017 89.02 three stars
2015-06 03/01/2017 90.71 four stars
2015-06 12/21/2016 89.50 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 20-4830666
Name in IRS Master File OPEN BOOKS LTD
NTEE Code B60
NTEE Classification Adult, Continuing Education
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 2007
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$81,158 3.62% Tim O'Brien Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Open Books (IL) 86.65 three stars
Literary Arts (OR) 86.10 three stars
First Book (DC) 87.62 three stars
Developments in Literacy (CA) 86.24 three stars
Ferst Readers (GA) 100.00 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Open Books
651 West Lake Street
Chicago, IL 60661
tel: (312) 475-1355
EIN: 20-4830666

Visit Web Site

Board Leadership

Catherine Emig
Chair

CEO

Eric B. Johnson
Executive Director

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