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Education : Youth Education Programs and Services

Open Books

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

87.04

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

Board Leadership
Evan Trent
Chair

CEO
Eric B. Johnson
Executive Director

Charity Navigator

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  Score
(out of 100)
Rating
Overall Score & Rating 87.04
  Financial 81.68
  Accountability & Transparency 100.00
This rating was published 02/01/2022 and includes data from FY2020, 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.

Financial

81.68

Accountability & Transparency

100.00

This rating was published 02/01/2022 and includes data from FY2020, 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)
81.4%
  Administrative Expenses 9.6%
  Fundraising Expenses 8.9%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.35
  Program Expenses Growth 3.2%
  Liabilities to Assets 25.5%
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) 87.04
Ekal Vidyalaya Foundation of USA (TX) 90.81
First Book (DC) 87.62
Reading Is Fundamental (DC) 88.82
Readworks (NY) 93.43

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,290,551
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $52,293
   Related Organizations $0
   Government Grants $0
Total Contributions $2,342,844
   Program Service Revenue $30,876
Total Primary Revenue $2,373,720
   Other Revenue $585,889
TOTAL REVENUE $2,959,609
   
EXPENSES  
   Program Expenses $1,924,279
   Administrative Expenses $254,467
   Fundraising Expenses $223,436
TOTAL FUNCTIONAL EXPENSES $2,402,182
   
Payments to Affiliates $0
Excess (or Deficit) for the year $557,427
   
Net Assets $826,957

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 $1,924,279 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2020-06 02/01/2022 87.04
2019-06 03/01/2021 84.11
2019-06 02/01/2021 83.97
2018-06 04/01/2020 86.65
2017-06 08/01/2018 84.17
2016-06 09/01/2017 89.02
2016-06 08/01/2017 89.02
2015-06 03/01/2017 90.71
2015-06 12/21/2016 89.50

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
$126,673 5.27% Eric Johnson Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Open Books (IL) 87.04
Better Basics (AL) 90.95
Make Way for Books (AZ) 94.70
Spread the Word Nevada (NV) 95.54
Readworks (NY) 93.43

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

Eric B. Johnson
Executive Director

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