An Open Book Foundation
Connects students with authors and books to foster a love of reading and ensure equitable access to literacy. For fiscal year 2024 it reported $689K in revenue, $769K in expenses, and $276K in net assets.Pt I
- Founded
- 2010
- Type
- Public charity (501(c)(3)) · Education
- Location
- Washington, DC
- Website
- www.anopenbookfound.org
- Filings
- 4 on file (2020–2024)
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Summary of the Filing
Where the work happens
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.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Heidi Powell’s $76K as Executive Director is at the 68th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2020 |
|---|---|---|---|---|
| Heidi Powell | $76,328 | $76,327 | $74,510 | — |
| Heidi Powell | — | — | — | $70,327 |
| Dara La Porte | — | — | — | $1,350 |
| Dara La Porte | — | — | $1,333 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 71% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 19% | — | — |
| Revenue growth | 38% | — | — |
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
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Filings & Schedule Manifest
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Sources
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