ONE BOOK ONE WORLD

EIN: 863586729 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$11,830
Total Expenses
$25,095
Total Assets
$52,947
Net Assets
$52,894
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
IL
Principal Officer
JUNYUN BI
Phone
7143232668
Tax Period
2023-01-01 to 2023-12-31

ONE BOOK ONE WORLD, founded in 2021, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $12K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $25K exceeded revenue, resulting in a 112% operating deficit.

Mission

A GROUP OF DEDICATED VOLUNTEERS WHO SEE A NEED IN RAISING AWARENESS OF DIVERSE CULTURES FOR CHILDREN AT A YOUNGER AGE. ACTIVITIES INCLUDE DONATING BOOKS TO K-12 SCHOOLS AND PROMOTING VARIOUS CULTURAL ACTIVITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $11,830
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $11,830

Expense Breakdown

Grants Paid $23,940
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $23,940
Other Expenses $1,155
TOTAL EXPENSES $25,095

Year-over-Year Comparison

2023 2022 Change
Revenue $11,830 $15,894 -0.3%
Expenses $25,095 $1,729 +13.5%
Net Income $-13,265 $14,165 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZHOULI XIE PRESIDENT 010.00
Officer
$0 $0 $0
JUNYUN BI TREASURER 010.00
Officer
$0 $0 $0
SHARON SHI CHAIR OF BOARD 010.00
Officer
$0 $0 $0
YUE WANG SECRETARY 010.00
Officer
$0 $0 $0
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
2024 No data No data No data No data
2023 $11,830 $25,095 $52,947 $-13,265
2022 $15,894 $1,729 $66,208 $14,165
2021 $59,160 $7,166 $51,994 $51,994
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