Education : Youth Education Programs and Services

Open Books

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

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.

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.
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

Charts

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

Mission

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) 84.17 three stars
Readworks (NY) 93.91 four stars
'Aha Pūnana Leo (HI) 86.46 three stars
Read Alliance (NY) 86.82 three stars
Literacy Coalition of Palm Beach County (FL) 91.91 four stars

Compare These Charities (Highly Rated)

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