Nonprofit · EIN 80-0251597
OPEN BOOKS FOUNDATION CO
Tax-exempt · HOPKINTON, MA 01748
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $28,954 | $33,164 | -$4,210 | $90,851 | $0 | $90,851 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHELLE TEITELMAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ILAN STAVANS | DIRECTOR Trustee or director | 2 | $0 |
| ELLEN WARD SCARBOROUGH | DIRECTOR Trustee or director | 2 | $0 |
| NOAH ROSENBLUM | DIRECTOR Trustee or director | 2 | $0 |
| BARRY WATERMAN | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHELLE TEITELMAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ILAN STAVANS | DIRECTOR Trustee or director | 2 | $0 |
| ELLEN WARD SCARBOROUGH | DIRECTOR Trustee or director | 2 | $0 |
| NOAH ROSENBLUM | DIRECTOR Trustee or director | 2 | $0 |
| BARRY WATERMAN | DIRECTOR 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
- Website
- WWW.OPENBOOKSFOUNDATION.ORG
- Return prepared by
- CBIZ ADVISORS LLC
Mission
TO AID CHILDREN IN THE ATTENDANCE OF READING AND OTHER EDUCATIONAL PROGRAMS
Program accomplishments
- PROVIDE ASSISTANCE TO CHILDREN IN THE ATTENDANCE OF READING AND OTHER EDUCATIONAL PROGRAMSExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $28,954 | $33,164 | $90,851 | XML |
| 990 | December 2023 | $25,143 | $34,120 | $99,061 | XML |
| 990 | December 2022 | $11,208 | $35,304 | $112,038 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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.
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