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Nonprofiteer
← AN OPEN BOOK FOUNDATION

Form 990 for tax year 2022

Filed by AN OPEN BOOK FOUNDATION.

Totals

Total revenue
$642,221
Total expenses
$697,605
Contributions and grants received
$631,140
Grants paid
$13,550
Program service revenue
$0
Investment income
$11,081
Other revenue
$0
Total assets, end of year
$498,182
Total liabilities, end of year
$8,235
Net assets or fund balances, end of year
$489,947
Program services expenses (Part IX)
$641,350
Management and general expenses
$55,994
Fundraising expenses
$261
Program service expenses (Part III)
$641,350

Program services were 91.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $250,683

  • 1f · All other contributions, gifts and grants

    $380,457

  • 1g · Noncash contributions included above

    $26,638

  • 3 · Investment income

    total $11,081 · excluded $11,081

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $13,550 · program services $13,550

  • 5 · Compensation of officers, directors and key employees

    total $74,510 · program services $72,491 · management and general $2,019

  • 7 · Other salaries and wages

    total $335,911 · program services $334,230 · management and general $1,681

  • 9 · Other employee benefits

    total $10,474 · program services $9,894 · management and general $580

  • 10 · Payroll taxes

    total $34,064 · program services $33,164 · management and general $900

  • 11c · Fees: accounting

    total $6,415 · program services $1,095 · management and general $5,320

  • 11g · Fees: other

    total $23,767 · program services $19,208 · management and general $4,559

  • 12 · Advertising and promotion

    total $1,712 · management and general $1,712

  • 13 · Office expenses

    total $8,917 · program services $5,925 · management and general $2,731 · fundraising $261

  • 14 · Information technology

    total $8,725 · program services $385 · management and general $8,340

  • 16 · Occupancy

    total $33,689 · program services $8,983 · management and general $24,706

  • 17 · Travel

    total $9,391 · program services $9,381 · management and general $10

  • 19 · Conferences, conventions and meetings

    total $11,532 · program services $9,400 · management and general $2,132

  • 23 · Insurance

    total $2,735 · program services $1,431 · management and general $1,304

  • 24a · Other expenses: BOOKS

    total $120,371 · program services $120,371

  • 24b · Other expenses: PURCHASES

    total $1,499 · program services $1,499

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $343 · program services $343

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $248

  • 2 · Savings and temporary cash investments

    beginning of year $68,606 · end of year $76,252

  • 3 · Pledges and grants receivable

    beginning of year $22,040 · end of year $12,460

  • 4 · Accounts receivable

    end of year $2,000

  • 11 · Investments: publicly traded securities

    beginning of year $519,695 · end of year $404,722

  • 15 · Other assets

    beginning of year $2,500 · end of year $2,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,409 · end of year $8,235

  • 27 · Net assets without donor restrictions

    beginning of year $168,553 · end of year $191,179

  • 28 · Net assets with donor restrictions

    beginning of year $426,879 · end of year $298,768

Mission and programs · 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.

Activities or mission (Part I)

AN OPEN BOOK FOUNDATION 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.

  • 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.

    Expenses $641,350 · Grants $13,550

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Carolyn Vinson Bou

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Hope Harrod

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Deborah Litt

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Deep Master

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Drew Ades

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Michelle Edwards

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jewell Parker Rhodes

    DIRECTOR (UNTIL 11/2022)

    Total calculated
    $0
    Hours/week
    2
  • Deb Shapiro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Christopher Stewart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Heidi Powell

    CO-FOUNDING DIRECTOR

    Total calculated
    $74,510
    From this org
    $74,510
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Dara La Porte

    CO-FOUNDING DIRECTOR (UNTIL 06/2023)

    Total calculated
    $1,333
    From this org
    $1,333
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
27 March 2024
IRS schema version
2022v5.0
Source object
202410879349301551

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