Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Free Ebook Foundation Inc.
990EZ • Fiscal year 2016 • EIN 61-1767266
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
6.64x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
100th percentile
Faster revenue growth than 100% of similar nonprofits.
Balance Sheet
Assets
Down$13,163
Down $19,253 (-59%) from 2015
Net Assets
-$74,231
No earlier filing loaded for comparison.
Liabilities
Up$87,394
Up $32,908 (+60%) from 2015
Revenue And Expenses
Revenue
Up$21,468
Up $21,461 (+306586%) from 2015
Expenses
Up$73,629
Up $51,552 (+234%) from 2015
Net Income
Down-$52,161
Down $30,091 (-136%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Aug 2, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $21,468
Mission and Program Overview
Mission
The Free Ebook Foundation envisions a world where ebooks will be funded, distributed and maintained for the benefit of all, by coordinating the efforts and resources of many. We are working towards sustainable ecosystem for free ebooks by making them easier to produce, more available, widely discoverable and by building systems that preserve them.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| In 2016, The Foundation's Unglue.it program served 56,930 users and delivered 225,000 free ebooks. In collaboration with the New York Public Library, ebooks catalogued and served by the Foundation were made available to students and library patrons across the country. In collaboration with the University of Michigan Press, the Foundation studied the supply chain for free ebooks. | $55,734 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Eric Hellman | President & CEO | FT | $0 | - | - |
| Karen Liu | Secretary/Treas | - | $0 | - | - |
| Seth Woodworth | Vice President | - | $0 | - | - |
| Todd Carpenter | Trustee | - | $0 | - | - |
| Rupert Gatti | Trustee | - | $0 | - | - |
| Victoria Reich | Trustee | - | $0 | - | - |
| Michael Wolfe | Trustee | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Free Ebook Foundation
- EIN
- 61-1767266
- Phone
- 9738424974
- Address
- 10 Columbus Avenue, Montclair, NJ 07042
Signing Officer
- Name
- Eric Hellman
- Title
- President & CEO
- Signed
- 2017-08-02
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Hans J Taenzer CPA LLC
- Address
- 101 Eisenhower Parkway Suite 300, Roseland, NJ 07068
- Preparer
- Hans J Taenzer
- Phone
- 9737951226
Supplemental Narrative
Additional Explanations
Other Expenses.1002
“Office Expenses $83”
Other Expenses.1003
“Information Technology $55810”
Other Expenses.1005
“Travel $5391”
Other Expenses.1
“Dues and subscriptions $2098”
Other Expenses.2
“Seminars and conferences $1584”
Other Expenses.3
“IRS application fee $850”
Other Expenses.4
“Rightsholder payments $165”
Other Expenses.5
“Annual reports $31”
Other Assets.1005
“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $9137”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $4486 Accounts Payable and Accrued Expenses - Ending $4150”
Total Liabilities.1003
“Deferred Revenue - Beginning $0 Deferred Revenue - Ending $3244”
Total Liabilities.1006
“Payable to Officers, Directors, Etc. - Beginning $50000 Payable to Officers, Directors, Etc. - Ending $80000”
Raw XML Appendix185 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Eric Hellman |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9738424974 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 10 Columbus Avenue |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Montclair |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 070429999 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 32416 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 4026 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 7453 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -52161 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 7617 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 32416 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 13163 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 21468 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 8 |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 80000 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -22070 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -74231 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -22070 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -74231 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Eric Hellman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Karen Liu |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Seth Woodworth |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Todd Carpenter |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Rupert Gatti |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Victoria Reich |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | Michael Wolfe |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President & CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary/Treas |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Trustee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Trustee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Trustee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Trustee |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 9137 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 66012 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The Free Ebook Foundation envisions a world where ebooks will be funded, distributed and maintained for the benefit of all, by coordinating the efforts and resources of many. We are working towards sustainable ecosystem for free ebooks by making them easier to produce, more available, widely discoverable and by building systems that preserve them. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 14007 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | In 2016, The Foundation's Unglue.it program served 56,930 users and delivered 225,000 free ebooks. In collaboration with the New York Public Library, ebooks catalogued and served by the Foundation were made available to students and library patrons across the country. In collaboration with the University of Michigan Press, the Foundation studied the supply chain for free ebooks. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 55734 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NJ |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 54486 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 87394 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 73629 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 55734 |
| IRS990EZ/TotalRevenueAmt | 0 | 21468 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | ebookfoundation.org |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 7453 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 7453 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 8 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 8 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 7453 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 7453 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 7453 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 7461 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 50000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 1 | 30000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 1 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 1 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | Working Capital |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 1 | Working Capital |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 1 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 50000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 1 | 30000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | Eric Hellman |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 1 | Eric Hellman |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | President |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 1 | President |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 1 | true |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 80000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Office Expenses $83 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Information Technology $55810 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Travel $5391 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Dues and subscriptions $2098 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Seminars and conferences $1584 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | IRS application fee $850 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Rightsholder payments $165 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Annual reports $31 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Accounts Receivable - Beginning $0 Accounts Receivable - Ending $9137 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Accounts Payable and Accrued Expenses - Beginning $4486 Accounts Payable and Accrued Expenses - Ending $4150 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Deferred Revenue - Beginning $0 Deferred Revenue - Ending $3244 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Payable to Officers, Directors, Etc. - Beginning $50000 Payable to Officers, Directors, Etc. - Ending $80000 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1006 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Eric Hellman |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President & CEO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-08-02 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Free Ebook Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FREE |
| ReturnHeader/Filer/EIN | 0 | 611767266 |
| ReturnHeader/Filer/PhoneNum | 0 | 9738424974 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 10 Columbus Avenue |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Montclair |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 07042 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Hans J Taenzer CPA LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 101 Eisenhower Parkway Suite 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Roseland |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 07068 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9737951226 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | HANS J TAENZER |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2017-08-02T15:22:50-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $13,163
- Liabilities
- $87,394
- Net assets
- -$74,231
- Revenue
- $21,468
- Expenses
- $73,629
- Net income
- -$52,161