AN OPEN BOOK FOUNDATION

EIN: 274234601 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$642,221
Total Expenses
$697,605
Total Assets
$498,182
Net Assets
$489,947
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
DC
Principal Officer
HEIDI POWELL
Phone
2026867115
Tax Period
2022-07-01 to 2023-06-30

AN OPEN BOOK FOUNDATION, founded in 2010, is a small nonprofit in the Education sector that reported $642K in total revenue in fiscal year 2022.

Mission

AN OPEN BOOK FOUNDATION (AOB) CONNECTS WASHINGTON, DC-AREA STUDENTS WITH AUTHORS, ILLUSTRATORS, AND THEIR BOOKS TO NURTURE A LIFELONG LOVE OF READING. WE SUPPORT EDUCATIONAL JUSTICE BY BUILDING EQUITABLE ACCESS TO INTERACTIVE LITERACY ENRICHMENT AND HIGH-QUALITY BOOKS.

Program Service Accomplishments

Program 1
Expenses: $641,350

AN OPEN BOOK FOUNDATION'S MISSION IS TO CONNECT WASHINGTON, DC-AREA STUDENTS WITH AUTHORS, ILLUSTRATORS, AND THEIR BOOKS TO NURTURE A LIFELONG LOVE OF READING. WE SUPPORT EDUCATIONAL JUSTICE BY...

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AN OPEN BOOK FOUNDATION'S MISSION IS TO CONNECT WASHINGTON, DC-AREA STUDENTS WITH AUTHORS, ILLUSTRATORS, AND THEIR BOOKS TO NURTURE A LIFELONG LOVE OF READING. WE SUPPORT EDUCATIONAL JUSTICE BY BUILDING EQUITABLE ACCESS TO INTERACTIVE LITERACY ENRICHMENT AND HIGH-QUALITY BOOKS. OUR VISION IS THAT CHILDREN SEE THEMSELVES AS READERS, WHO USE THEIR WRITTEN AND VISUAL LITERACY SKILLS TO NAVIGATE A COMPLEX WORLD AND DEFINE THEIR OWN FUTURES. AOB PARTNERS WITH TITLE 1 SCHOOLS IN THE DC METRO AREA: WARDS 1,2,4,5,6,7,8 IN DC; MONTGOMERY COUNTY AND PRINCE GEORGE'S COUNTY, MD; AND ALEXANDRIA CITY AND FAIRFAX COUNTY, VA. BECAUSE WE WORK IN MULTIPLE JURISDICTIONS, WE ALSO CONSIDER OTHER DATA POINTS TO DETERMINE ELIGIBILITY. DUE TO A LONG HISTORY OF DISCRIMINATORY POLICIES IN OUR COUNTRY, STUDENTS AT THE SCHOOLS WE SERVE ARE PREDOMINANTLY BLACK, INDIGENOUS, AND PEOPLE OF COLOR. NOT ONLY DO AOB'S LITERACY PROGRAMS ADDRESS THESE DISPARITIES, BUT THEY ALSO INFUSE JOY IN THE STUDENTS, EDUCATORS, AND AUTHORS WHO EXPERIENCE THEM. AUTHORS AND ILLUSTRATORS PRESENT ENGAGING BOOK TALKS AND INTERACTIVE WRITING AND DRAWING DEMONSTRATIONS AND AOB GIVES EVERY STUDENT ATTENDING THE EVENT A COPY OF THE AUTHOR'S BOOK TO ADD TO THEIR HOME LIBRARY. SCHOOL AND CLASSROOM LIBRARIES RECEIVE A SET OF THE AUTHOR'S TITLES. SINCE OUR FIRST EVENT IN 2010, WE HAVE GIVEN OVER 125,000 BOOKS TO STUDENTS AND SCHOOLS AT NEARLY 1,400 SCHOOL VISITS WHERE AUTHORS AND ILLUSTRATORS MADE NEARLY 2,500 PRESENTATIONS. DURING PRESENTATIONS, AUTHORS INTERACT WITH CLASSES; WHILE SIGNING STUDENTS' BOOKS AUTHORS ENGAGE IN ONE-ON-ONE CONVERSATIONS WITH EACH STUDENT. THESE TALENTED AUTHORS AND ILLUSTRATORS DONATE THEIR TIME TO PROVIDE DYNAMIC, INTERACTIVE EXPERIENCES INCLUDING WRITING WORKSHOPS, READ-ALOUDS, AND LITERACY-BASED ART PROJECTS. MEETING PROFESSIONAL BOOK CREATORS CAN INTRODUCE STUDENTS TO A FUTURE CAREER PATH THEY MAY NOT HAVE OTHERWISE CONSIDERED. STUDENTS CAN IMAGINE THEMSELVES AS WRITERS OR ARTISTS WHEN THEY MEET AUTHORS AND ILLUSTRATORS WHO SHARE THEIR LIFE EXPERIENCE OR CULTURE. FURTHERMORE, WITH THE ADDITION OF BOOKS TO HOMES AND SCHOOLS, LIBRARY CIRCULATION INCREASES, HOME LIBRARIES EXPAND, AND STUDENTS' ENTHUSIASM GROWS. IN ADDITION TO OUR FLAGSHIP AUTHOR AND ILLUSTRATOR SCHOOL VISITS PROGRAM, AN OPEN BOOK OFFERS SEVERAL OTHER PROGRAMS: -NEW AND EMERGING ARTISTS OF COLOR - AMPLIFYING THE CREATIVE VOICES OF DEBUT BIPOC AUTHORS/ILLUSTRATORS.-ARTIST-IN-RESIDENCE - MULTI-SESSION VISUAL ART LESSONS.-STEM RESIDENCE - MULTI-SESSION LESSONS EXPLORING STEM-RELATED SKILLS AND CONCEPTS.-EXTENSION ACTIVITIES - FOLLOW-UP EVENTS THAT DEEPEN STUDENTS' EXPERIENCES WITH THE BOOKS THEY RECEIVE.-COHORT INITIATIVE - OFFERS OUR FULL RANGE OF PROGRAMMING ACROSS THE ELEMENTARY SCHOOL CAREER OF AN ENTIRE GRADE AT SELECTED SCHOOLS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $631,140
Program Service Revenue $0
Investment Income $11,081
Other Revenue $0
TOTAL REVENUE $642,221

Expense Breakdown

Grants Paid $13,550
Salaries & Benefits $454,959
Fundraising Expenses $261
Program Expenses $641,350
Other Expenses $229,096
TOTAL EXPENSES $697,605

Year-over-Year Comparison

2022 2021 Change
Revenue $642,221 $625,485 +0.0%
Expenses $697,605 $568,761 +0.2%
Net Income $-55,384 $56,724 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
8
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$75,843
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLYN VINSON BOU BOARD CHAIR 2.00
Officer Director
$0 $0 $0
HOPE HARROD BOARD VICE CHAIR 2.00
Officer Director
$0 $0 $0
DEBORAH LITT SECRETARY 2.00
Officer Director
$0 $0 $0
DEEP MASTER TREASURER 2.00
Officer Director
$0 $0 $0
DREW ADES DIRECTOR 2.00
Director
$0 $0 $0
MICHELLE EDWARDS DIRECTOR 2.00
Director
$0 $0 $0
JEWELL PARKER RHODES DIRECTOR (UNTIL 11/2022) 2.00
Director
$0 $0 $0
DEB SHAPIRO DIRECTOR 2.00
Director
$0 $0 $0
CHRISTOPHER STEWART DIRECTOR 2.00
Director
$0 $0 $0
HEIDI POWELL CO-FOUNDING DIRECTOR 40.00
Officer
$74,510 $0 $74,510
DARA LA PORTE CO-FOUNDING DIRECTOR (UNTIL 06/2023) 40.00
Officer
$1,333 $0 $1,333
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $642,221 $697,605 $498,182 $-55,384
2022 $625,485 $568,761 $612,841 $56,724
2021 $174,684 $253,311 $660,743 $-78,627
2020 $591,268 $439,706 $756,612 $151,562
2019 $432,771 $374,711 $683,363 $58,060
2018 $329,651 $319,910 $666,993 $9,741
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