Skip to main content

Nonprofit · EIN 80-0251597

OPEN BOOKS FOUNDATION CO

Tax-exempt · HOPKINTON, MA 01748

Financials

$25K$34K2023$29K$33K2024
Revenue Expenses · by fiscal year end
Financials of OPEN BOOKS FOUNDATION CO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$28,954$33,164-$4,210$90,851$0$90,851
December 31, 2023990$25,143$34,120-$8,977$99,061$0$99,061
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$23,206
Program service revenue
$0
Investment income
$5,748
Net gain from sales of assets
$4,304
Other revenue
$0

Expenses

Grants and similar amounts paid
$32,018
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$32,018
Management and general (functional)
$1,146

Balance sheet and other

Total assets, start of year
$99,061
Total assets, end of year
$90,851
Total liabilities, end of year
$0
Net assets, end of year
$90,851
Publicly traded securities
$68,942
Net assets without donor restrictions
$9,501
Net assets with donor restrictions
$81,350
Gross receipts
$28,954
Employees
0
Volunteers
0
Year formed
2009
State of legal domicile
CT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHELLE TEITELMANPRESIDENT
Trustee or director, Officer
1$0
ILAN STAVANSDIRECTOR
Trustee or director
2$0
ELLEN WARD SCARBOROUGHDIRECTOR
Trustee or director
2$0
NOAH ROSENBLUMDIRECTOR
Trustee or director
2$0
BARRY WATERMANDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
MICHELLE TEITELMANPRESIDENT
Trustee or director, Officer
1$0
ILAN STAVANSDIRECTOR
Trustee or director
2$0
ELLEN WARD SCARBOROUGHDIRECTOR
Trustee or director
2$0
NOAH ROSENBLUMDIRECTOR
Trustee or director
2$0
BARRY WATERMANDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
11 STONEGATE RD, HOPKINTON, MA 01748-2024
In care of
% MARCUM LLP
Principal officer (990 for 2024)
MICHELLE TEITELMAN, 11 STONEGATE ROAD, HOPKINTON, MA 01748
Signed the 990
MICHELLE TEITELMAN, PRESIDENT
Phone
(508) 596-1406
Return prepared by
CBIZ ADVISORS LLC

Mission

TO AID CHILDREN IN THE ATTENDANCE OF READING AND OTHER EDUCATIONAL PROGRAMS

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE ASSISTANCE TO CHILDREN IN THE ATTENDANCE OF READING AND OTHER EDUCATIONAL PROGRAMS
    Expenses $32,018 · grants $32,018

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
80-0251597
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$90,851
Income (IRS master file)
$28,954

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$28,954$33,164$90,851XML
990December 2023$25,143$34,120$99,061XML
990December 2022$11,208$35,304$112,038IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 80-0251597).

Questions about OPEN BOOKS FOUNDATION CO

What is the EIN of OPEN BOOKS FOUNDATION CO?
The employer identification number (EIN) of OPEN BOOKS FOUNDATION CO is 80-0251597.
Is OPEN BOOKS FOUNDATION CO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to OPEN BOOKS FOUNDATION CO tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OPEN BOOKS FOUNDATION CO file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of OPEN BOOKS FOUNDATION CO due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OPEN BOOKS FOUNDATION CO last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OPEN BOOKS FOUNDATION CO?
The 990 for the year ended December 31, 2024 names MICHELLE TEITELMAN.
Who are the officers and directors of OPEN BOOKS FOUNDATION CO?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does OPEN BOOKS FOUNDATION CO have?
On its 990 for the year ended December 31, 2024 it reported revenue of $28,954, expenses of $33,164 and total assets of $90,851 at year end.

Other nonprofits in HOPKINTON

All nonprofits in HOPKINTON · Massachusetts · Education