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Education : Youth Education Programs and Services

Open Books

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

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Impact Information Available From Our Partner: GuideStar

three stars

84.17

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

Board Leadership
Evan Trent
Chair

CEO
Tim O'Brien
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 84.17 three stars
  Financial 79.10 two stars
  Accountability & Transparency 92.00 four stars
This rating was published 08/01/2018 and includes data from FY2017, the most recent 990 received at that time.

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.

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.

Impact Information

data icon GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact. GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.
Reported Results
Total in 2017
Number of students enrolled
3,825
Number of books distributed
133,598
Number of hours of coaching
17,319
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This impact information is current as of November 2018, when it was provided to us by GuideStar. Impact information published on this organization's rating page has no effect on its rating at this time.

Financial

two stars

79.10

Accountability & Transparency

four stars

92.00

This rating was published 08/01/2018 and includes data from FY2017, 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)
86.1%
  Administrative Expenses 6.4%
  Fundraising Expenses 7.3%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 0.13
  Program Expenses Growth 6.6%
  Liabilities to Assets 44.9%
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) 84.17 three stars
Literary Arts (OR) 85.87 three stars
Barbara Bush Foundation for Family Literacy (FL) 93.64 four stars
SMART (OR) 87.37 three stars
Make Way for Books (AZ) 91.91 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,409,367
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $8,054
   Related Organizations $0
   Government Grants $0
Total Contributions $1,417,421
   Program Service Revenue $51,979
Total Primary Revenue $1,469,400
   Other Revenue $571,251
TOTAL REVENUE $2,040,651
   
EXPENSES  
   Program Expenses $1,749,865
   Administrative Expenses $115,356
   Fundraising Expenses $180,589
TOTAL FUNCTIONAL EXPENSES $2,045,810
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-5,159
   
Net Assets $254,636

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
Programming $1,749,865 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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

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).

Compensation % of Expenses Paid to Title
$89,278 4.36% Tim O'Brien Executive Director
Other Salaries of Note
$14,705 0.71% Natalie Weiss Treasurer

Highly Rated

Charity Name & State Overall Score Overall Rating
Open Books (IL) 84.17 three stars
Readworks (NY) 95.87 four stars
Literacy Coalition of Palm Beach County (FL) 91.91 four stars
Developments in Literacy (CA) 91.12 four stars
Make Way for Books (AZ) 91.91 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

Evan Trent
Chair

CEO

Tim O'Brien
Executive Director

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