Prison Book Program EIN 20-3235673

Prison Book Program FY2023 filing

EIN  20-3235673 Public charity (501(c)(3)) Quincy, MA Founded 2006
Form 990 (PDF)
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Size
$100K–1M
What they do
Sends free books and reading materials to incarcerated people, connecting them with volunteers.
Leadership
Pam Boiros · Director
Money in and out
$324K revenue, $285K expenses
Bottom line
85% program efficiency

Sends free books and reading materials to incarcerated people, connecting them with volunteers. For fiscal year 2023 it reported $324K in revenue, $285K in expenses, and $728K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$324K
Pt VIII · Ln 12
Total expenses
$285K
Pt IX · Ln 25
Net assets
$728K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $39K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.12 Fundraising $0.03
Program efficiency
85%
of spending reaches programs
Operating runway
30.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$324K
FY2023▲ +23%
Expenses
$285K
FY2023▲ +24%
Total assets
$735K
FY2023▲ +5%
Total liabilities
$7K
FY2023▼ -18%
Total revenue
$324K
Pt VIII · Ln 12
Total expenses
$285K
Pt IX · Ln 25
Net assets
$728K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$39K
Total assetsPt X · Ln 16$735K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

2 program services account for $486K of program spending, described in the organization's own filed words · FY2022.
01

Mailed packages of books to approximately 15,000 prisoners throughout the united states.

$243Kprogram expense
02

Mailed packages of books to approximately 15,000 prisoners throughout the united states.

$243Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPrison Book Program
EINHdr · item D20-3235673
Principal addressHdr · item CQuincy, MA
WebsiteHdr · item Jwww.prisonbookprogram.org
Year of formationHdr · item L2006
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I43)
Ruling yearIRS BMFFeb 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Prison Book Program executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$292K · 90%
Investment income$30K · 9%
Program service revenue$2K · 1%
Contributions & grants90%$292K
Investment income9%$30K
Program service revenue1%$2K
Total revenueLn 12$324K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.12 Fundraising $0.03
Program services85%$243K
Management & general12%$34K
Fundraising3%$8K
Total functional expensesLn 25$285K

Balance Sheet

Part X · end of year
CashLn 1$720K
Total assetsLn 16$735K
Total liabilitiesLn 26$7K
Total net assetsLn 32$728K
Months of cash on handcomputed30.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $720K · Operating expenses/yr $285K
30.3 months
Where the money goes
Program services
Program services $243K · Total expenses $285K
85%
Management & General
Management & general $34K · Total expenses $285K
12%
Fundraising
Fundraising $8K · Total expenses $285K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $270K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $292K · Total revenue $324K
90%
Government reliance
Government grants — · Total revenue $324K
Earned-income share
Program service revenue $2K · Total revenue $324K
1%
Investment reliance
Investment income $30K · Total revenue $324K
+9%
Program self-sufficiency
Program service revenue $2K · Total expenses $285K
1%
Growth & trend
Revenue growth (YoY)
This year $324K · Prior year $264K
+23%
Net-asset trend (YoY)
End of year $728K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $324K · Expenses $285K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $735K
Net-asset ratio
Net assets $728K · Total assets $735K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $735K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Pam Boiros · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $285K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $136K · Total expenses $285K
48%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 12%
Fundraising cost ratio 3%
Revenue growth 23%
Legal fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$39K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025$662K revenue · ⤓ 990 PDF
FY2024$438K revenue · ⤓ 990 PDF
FY2023$324K revenue · viewing · ⤓ 990 PDF
FY2022$264K revenue · ⤓ 990 PDF
FY2021$255K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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