Civic Intelligence

Open Books Foundation Co

990 • Fiscal year 2023 • EIN 80-0251597

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

Organization ProfileWWW.OPENBOOKSFOUNDATION.ORG
11 Stonegate RoadHopkinton, MA 01748

(508) 596-1406

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

13th percentile

-36%

Higher net margin than 13% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

30th percentile

-12%

Faster asset growth than 30% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

124%

Faster revenue growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$99,061

Down $12,977 (-12%) from 2022

Net Assets

Down

$99,061

Down $12,977 (-12%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin13th percentile

Revenue

Up

$25,143

Up $13,935 (+124%) from 2022

Expenses

Down

$34,120

Down $1,184 (-3.4%) from 2022

Net Income

Up

-$8,977

Up $15,119 (+63%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2010: $5,870Liabilities 2010: $0Net Assets 2010: $5,8702010Assets 2011: $12,143Liabilities 2011: $0Net Assets 2011: $12,1432011Assets 2012: $11,081Liabilities 2012: $0Net Assets 2012: $11,0812012Assets 2013: $11,089Liabilities 2013: $0Net Assets 2013: $11,0892013Assets 2014: $18,400Liabilities 2014: $0Net Assets 2014: $18,4002014Assets 2015: $25,701Liabilities 2015: $0Net Assets 2015: $25,7012015Assets 2016: $105,487Liabilities 2016: $0Net Assets 2016: $105,4872016Assets 2017: $90,724Liabilities 2017: $0Net Assets 2017: $90,7242017Assets 2018: $86,958Liabilities 2018: $0Net Assets 2018: $86,9582018Assets 2019: $122,463Liabilities 2019: $0Net Assets 2019: $122,4632019Assets 2020: $123,246Liabilities 2020: $0Net Assets 2020: $123,2462020Assets 2021: $140,136Liabilities 2021: $0Net Assets 2021: $140,1362021Assets 2022: $112,038Liabilities 2022: $0Net Assets 2022: $112,0382022Assets 2023: $99,061Liabilities 2023: $0Net Assets 2023: $99,0612023Assets 2024: $90,851Liabilities 2024: $0Net Assets 2024: $90,8512024

Highlighted filing

2023

Assets$99,061
Liabilities$0
Net Assets$99,061
Open 2023 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2010: $12,065Expenses 2010: $8,238Net Income 2010: $3,8272010Revenue 2011: $29,675Expenses 2011: $23,402Net Income 2011: $6,2732011Revenue 2012: $23,200Expenses 2012: $24,262Net Income 2012: -$1,0622012Revenue 2013: $20,430Expenses 2013: $20,422Net Income 2013: $82013Revenue 2014: $20,660Expenses 2014: $13,349Net Income 2014: $7,3112014Revenue 2015: $31,157Expenses 2015: $23,856Net Income 2015: $7,3012015Revenue 2016: $99,218Expenses 2016: $19,432Net Income 2016: $79,7862016Revenue 2017: $13,843Expenses 2017: $29,356Net Income 2017: -$15,5132017Revenue 2018: $26,814Expenses 2018: $25,231Net Income 2018: $1,5832018Revenue 2019: $50,698Expenses 2019: $31,193Net Income 2019: $19,5052019Revenue 2020: $20,923Expenses 2020: $16,140Net Income 2020: $4,7832020Revenue 2021: $39,948Expenses 2021: $19,058Net Income 2021: $20,8902021Revenue 2022: $11,208Expenses 2022: $35,304Net Income 2022: -$24,0962022Revenue 2023: $25,143Expenses 2023: $34,120Net Income 2023: -$8,9772023Revenue 2024: $28,954Expenses 2024: $33,164Net Income 2024: -$4,2102024

Highlighted filing

2023

Revenue$25,143
Expenses$34,120
Net Income-$8,977
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$27,350
Mission and Program Overview

Mission

To aid children in the attendance of reading and other educational programs

Provide assistance to children in the attendance of reading and other educational programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$90,345$85,686▼ $4,659
Cash and Non-Interest-Bearing Accounts$3,975$13,238▲ $9,263
Savings and Temporary Cash Investments$17,718$137▼ $17,581
Total Assets$112,038$99,061▼ $12,977
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$89,350$85,350▼ $4,000
Net Assets Without Donor Restrictions$22,688$13,711▼ $8,977
Total Net Assets Fund Balance$112,038$99,061▼ $12,977
Total Liabilities and Net Assets / Fund Balance$112,038$99,061▼ $12,977

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$80,166-▼ $1,834-$60,813
2022$96,886-▼ $30-$80,166
2021$90,408-▲ $11,273-$96,886
2020$85,684-▲ $8,724-$90,408
2019$84,000-▲ $5,684-$85,684
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Michelle TeitelmanPresident
Barry WatermanDirector
Ellen Ward ScarboroughDirector
Ilan StavansDirector
Noah RosenblumDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$25,920
Program Service Revenue
$0
Investment Income
$-777
Other Revenue
$0
All Other Contributions
$25,920
Change in Net Assets
$-8,977
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$32,267
Other Expenses$1,853
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$32,267--$32,267
Fees for Services Other-$1,853-$1,853
Total Functional Expenses$32,267$1,853$0$34,120
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“QUESTION IS N/A”

Form 990, Part VI, Section B, Line 11B

“A draft was circulated among all board members and was reviewed, commented on, and approved by the board.”

Form 990, Part VI, Section B, Line 12C

“The board of directors reviews compliance with the conflict of interest policy at its annual meeting and requires a report from each director about possible conflicts of interest.”

Form 990, Part VI, Section B, Line 15

“Form 990, part vi, section b, item 15: question is not applicable.”

Form 990, Part VI, Section C, Line 19

“The documents are made available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Open Books Foundation Co
EIN
80-0251597
Phone
5085961406
Address
11 STONEGATE ROAD, HOPKINTON, MA 01748

Signing Officer

Name
Michelle Teitelman
Title
President
Phone
5085961406
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Teitelman
Formed
2009
Legal Domicile
Ct
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Cbiz Advisors LLC
Address
35 MASON STREET, GREENWICH, CT 06830
Preparer
John Mezzanotte
Phone
2036813100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in temporarily restricted net assets -4,000.”

Financial Statement Notes

Part V, Line 4

“Korner endowment $80,000 - interest earned on this endowment will be used to provide one or two scholarships per year. Preference will be given to chicago area students. Sebring endowment $4,000 - to provide two scholarships to college bound minority students per year for the next year.”

Raw XML Appendix340 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE ASSISTANCE TO CHILDREN IN THE ATTENDANCE OF READING AND OTHER EDUCATIONAL PROGRAMS
IRS990/AllOtherContributionsAmt025920
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/PersonNm0MICHELLE TEITELMAN
IRS990/BooksInCareOfDetail/PhoneNum05082592491
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011 STONEGATE ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOPKINTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001747
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt03975
IRS990/CashNonInterestBearingGrp/EOYAmt013238
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt025920
IRS990/CYGrantsAndSimilarPaidAmt032267
IRS990/CYInvestmentIncomeAmt0-777
IRS990/CYOtherExpensesAmt01853
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-8977
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt034120
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt025143
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDE ASSISTANCE TO CHILDREN IN THE ATTENDANCE OF READING AND OTHER EDUCATIONAL PROGRAMS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt089350
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt085350
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt032267
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01853
IRS990/FeesForServicesOtherGrp/TotalAmt01853
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHELLE TEITELMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1ILAN STAVANS
IRS990/Form990PartVIISectionAGrp/PersonNm2ELLEN WARD SCARBOROUGH
IRS990/Form990PartVIISectionAGrp/PersonNm3NOAH ROSENBLUM
IRS990/Form990PartVIISectionAGrp/PersonNm4BARRY WATERMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-2207
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt032267
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt032267
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt032267
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt027350
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01430
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01430
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt090345
IRS990/InvestmentsPubTradedSecGrp/EOYAmt085686
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02207
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO AID CHILDREN IN THE ATTENDANCE OF READING AND OTHER EDUCATIONAL PROGRAMS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0112038
IRS990/NetAssetsOrFundBalancesEOYAmt099061
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-2207
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2207
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt022688
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt013711
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-4000
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHELLE TEITELMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010138
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt034143
IRS990/PYInvestmentIncomeAmt01070
IRS990/PYOtherExpensesAmt01161
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-24096
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt035304
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011208
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-8977
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt017718
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0137
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt025920
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010137
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt027573
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt011300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt044140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0119070
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0119070
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt025920
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt010137
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt027573
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt011300
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt044140
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0119070
IRS990ScheduleA/TotalSupportAmt0119070
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt080166
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt060813
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt017519
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1834
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt096886
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt080166
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt016690
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-30
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt090408
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt096886
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt04795
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011273
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt085684
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt090408
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt04000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08724
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt084000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt085684
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt04000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05684
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.81790
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0KORNER ENDOWMENT $80,000 - INTEREST EARNED ON THIS ENDOWMENT WILL BE USED TO PROVIDE ONE OR TWO SCHOLARSHIPS PER YEAR. PREFERENCE WILL BE GIVEN TO CHICAGO AREA STUDENTS. SEBRING ENDOWMENT $4,000 - TO PROVIDE TWO SCHOLARSHIPS TO COLLEGE BOUND MINORITY STUDENTS PER YEAR FOR THE NEXT YEAR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.18210
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt032267
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO GREAT BOOKS SUMMER READING PROGRAM
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt013
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIP FUNDING WAS GIVEN FOR THE FOLLOWING STUDENTS ATTENDING SESSION OF CAMP: JIAMING LOU OF ILLINOIS, NOAH RODRIGUEZ OF ILLINOIS, ALEXANDRA ALVAREZ OF ILLINOIS, DANILEA SALINAS OF ILLINOIS, LUCA SPASIC OF ILLINOIS, ANASTASIA ESPINOSA GRUNINA OF CALIFORNIA, MORGAN MCLEAN OF MICHIGAN, THEA LOWE OF FLORIDA, ALEXANDRA ARCHULETA OF NEW MEXICO, ANABELLA SOLDEVILLA OF FLORIDA, SYDNEY LIN OF CALIFORNIA, CHARLISE LIN OF CALIFORNIA, AND SHERI LIN OF CALIFORNIA.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE I, PART I, LINE 2
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0QUESTION IS N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT WAS CIRCULATED AMONG ALL BOARD MEMBERS AND WAS REVIEWED, COMMENTED ON, AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AT ITS ANNUAL MEETING AND REQUIRES A REPORT FROM EACH DIRECTOR ABOUT POSSIBLE CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART VI, SECTION B, ITEM 15: QUESTION IS NOT APPLICABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN TEMPORARILY RESTRICTED NET ASSETS -4,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0112038
IRS990/TotalAssetsEOYAmt099061
IRS990/TotalAssetsGrp/BOYAmt0112038
IRS990/TotalAssetsGrp/EOYAmt099061
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt025920
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01853
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt032267
IRS990/TotalFunctionalExpensesGrp/TotalAmt034120
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0112038
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt099061
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt032267
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-777
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt025143
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0112038
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt099061
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011 STONEGATE ROAD
IRS990/USAddress/CityNm0HOPKINTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001748
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.OPENBOOKSFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE TEITELMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05085961406
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPEN BOOKS FOUNDATION CO
ReturnHeader/Filer/BusinessNameControlTxt0OPEN
ReturnHeader/Filer/EIN0800251597
ReturnHeader/Filer/PhoneNum05085961406
ReturnHeader/Filer/USAddress/AddressLine1Txt011 STONEGATE ROAD
ReturnHeader/Filer/USAddress/CityNm0HOPKINTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001748
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0881478669
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CBIZ ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt035 MASON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENWICH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006830
ReturnHeader/PreparerPersonGrp/PhoneNum02036813100
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN MEZZANOTTE
ReturnHeader/ReturnTs02024-11-14T16:24:18-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$99,061
Liabilities
$0
Net assets
$99,061
Revenue
$25,143
Expenses
$34,120
Net income
-$8,977
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.00$0.91$0.29$0.33$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.25$0.34$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.11$0.35$0.24
2021Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.40$0.19$0.21
2020Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.21$0.16$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.22$0.00$1.22$0.51$0.31$0.20
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.27$0.25$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.14$0.29$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.99$0.19$0.80
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.31$0.24$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.21$0.13$0.07
2013Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.20$0.20$0.00
2012Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.23$0.24$0.01
2011Summary only. Only limited summary data is available for this year.$0.12$0.00$0.12$0.30$0.23$0.06
2010Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.12$0.08$0.04