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Education : Youth Education Programs and Services

Open Books

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

three stars

89.02

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

Board Leadership
J. Dirk Vos
Chair

CEO
Tim O'Brien
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.02 three stars
  Financial 85.00 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 09/01/2017 and includes data from FY2016, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

three stars

85.00

Accountability & Transparency

four stars

96.00

This rating was published 09/01/2017 and includes data from FY2016, 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)
86.4%
  Administrative Expenses 6.9%
  Fundraising Expenses 6.6%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 0.14
  Program Expenses Growth 10.6%
  Liabilities to Assets 42.9%
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) 89.02 three stars
Ferst Foundation for Childhood Literacy (GA) 91.36 four stars
Reading In Motion (IL) 87.37 three stars
Developments in Literacy (CA) 94.74 four stars
'Aha Pūnana Leo (HI) 85.95 three stars

Compare These Charities (Highly Rated)

Open Books transforms lives through reading, writing, and the GIVING power of used books. Through our nonprofit social venture model, we operate two retail bookstores in the West Loop and Pilsen that help to fund our literacy and book granting programs. Each year, Open Books brings the joy of literacy to 4,500 youth through experienced educators and volunteers, safe learning environments, and access to tailored curricula and books. Our literacy programs ignite a passion for the written word and introduce students to new ways of expressing themselves. Through our book granting programs, we donate more than 130,000 books to youth and under-resourced communities across Chicago.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,320,897
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $6,679
   Related Organizations $0
   Government Grants $0
Total Contributions $1,327,576
   Program Service Revenue $51,302
Total Primary Revenue $1,378,878
   Other Revenue $439,534
TOTAL REVENUE $1,818,412
   
EXPENSES  
   Program Expenses $1,641,276
   Administrative Expenses $138,886
   Fundraising Expenses $133,389
TOTAL FUNCTIONAL EXPENSES $1,913,551
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-95,139
   
Net Assets $259,795

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.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

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

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Compensation % of Expenses Paid to Title
$79,643 4.16% Tim O'Brien Executive Director
Other Salaries of Note
$62,293 3.25% Natalie Weiss Former Executive Director

Open Books transforms lives through reading, writing, and the GIVING power of used books. Through our nonprofit social venture model, we operate two retail bookstores in the West Loop and Pilsen that help to fund our literacy and book granting programs. Each year, Open Books brings the joy of literacy to 4,500 youth through experienced educators and volunteers, safe learning environments, and access to tailored curricula and books. Our literacy programs ignite a passion for the written word and introduce students to new ways of expressing themselves. Through our book granting programs, we donate more than 130,000 books to youth and under-resourced communities across Chicago.

Highly Rated

Charity Name & State Overall Score Overall Rating
Open Books (IL) 89.02 three stars
Spread the Word Nevada (NV) 97.82 four stars
First Book (DC) 94.59 four stars
Barbara Bush Foundation for Family Literacy (FL) 90.21 four stars
Page Ahead Children's Literacy Program (WA) 89.90 three 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

J. Dirk Vos
Chair

CEO

Tim O'Brien
Executive Director

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