Prison Book Program
Prison Book Program shows strong asset growth and no officer compensation, indicating high program focus.
EIN: 203235673 · Quincy, MA · NTEE: I43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $662K |
| Total Expenses | $285K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $300,000 |
| Net Assets | $728K |
| Transparency Score | 95/100 |
Is Prison Book Program Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Prison Book Program directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Prison Book Program
Prison Book Program (EIN: 203235673) is a nonprofit organization based in Quincy, MA, classified under NTEE code I43. The organization reported total revenue of $662K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prison Book Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prison Book Program is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $324K |
| Total Expenses | $285K |
| Surplus / Deficit | +$39K |
| Total Assets | $735K |
| Total Liabilities | $7K |
| Net Assets | $728K |
| Operating Margin | 12.1% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 30.9 months |
Financial Health Grade: A
In 2023, Prison Book Program reported a surplus of $39K with revenue exceeding expenses, holds 30.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Prison Book Program's revenue has grown at a compound annual growth rate (CAGR) of 20.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.6% | +24.1% | +5.4% |
| 2022 | +3.5% | -0.1% | +5.9% |
| 2021 | -62.4% | +115.9% | +4.7% |
| 2020 | +568.8% | +34.4% | +1349.5% |
| 2019 | +88.7% | +56.9% | +88.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Prison Book Program with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Prison Book Program allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that the organization operates without paid officers or that any compensation is below reporting thresholds, which is highly unusual for an organization with over $300,000 in annual revenue and over $700,000 in assets, suggesting a volunteer-led model.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Prison Book Program's IRS 990 filings:
- Lack of detailed expense breakdown in summary data makes precise spending efficiency difficult to ascertain without full 990 forms.
Strengths
The following positive indicators were identified for Prison Book Program:
- Zero officer compensation reported across all filings, indicating high efficiency and mission focus.
- Significant growth in assets from $43,403 in 2019 to $734,777 in 2023, demonstrating strong financial management.
- Very low liabilities, consistently under $10,000 in recent years, indicating fiscal prudence.
- Consistent revenue growth over the past few years, from $101,598 in 2019 to $324,332 in 2023 (excluding the 2020 anomaly), showing increasing support.
- Long and consistent IRS 990 filing history, indicating strong transparency and accountability.
Frequently Asked Questions about Prison Book Program
Is Prison Book Program a legitimate charity?
Based on AI analysis of IRS 990 filings, Prison Book Program (EIN: 203235673) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Prison Book Program spend its money?
Prison Book Program directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Prison Book Program tax-deductible?
Prison Book Program is registered as a tax-exempt nonprofit (EIN: 203235673). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Prison Book Program CEO make?
Prison Book Program's highest-compensated officer earns $300,000 annually. The organization reported $662K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Prison Book Program's spending goes to programs?
Prison Book Program directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Prison Book Program compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Prison Book Program is above average for NTEE category I43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Prison Book Program located?
Prison Book Program is headquartered in Quincy, Massachusetts and files with the IRS under EIN 203235673. It is classified under NTEE code I43.
How many years of IRS 990 filings does Prison Book Program have?
Prison Book Program has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $662K in total revenue.
Is Prison Book Program a good charity?
Based on the provided IRS 990 data, Prison Book Program appears to be a very good charity. It demonstrates strong financial health with growing assets ($734,777 in 2023), very low liabilities ($7,205 in 2023), and a consistent history of operations. The absence of officer compensation is a significant positive indicator of its commitment to directing resources towards its mission.
How has Prison Book Program's financial health changed over time?
Prison Book Program has shown significant financial growth and stability. Its assets have grown substantially from $43,403 in 2019 to $734,777 in 2023. Revenue has also seen considerable growth, albeit with fluctuations, from $101,598 in 2019 to $324,332 in 2023, indicating an expanding capacity and donor support.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all available filings. This suggests a highly volunteer-driven leadership or that any compensation falls below IRS reporting thresholds, which is a strong indicator of resources being maximized for program delivery rather than administrative salaries.
Filing History
IRS 990 filing history for Prison Book Program showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Prison Book Program's revenue has grown by 827.1%, moving from $35K to $324K. Total assets increased by 4731.2% over the same period, from $15K to $735K. Total functional expenses rose by 725.9%, from $35K to $285K. In its most recent filing year (2023), Prison Book Program reported a surplus of $39K, with revenue exceeding expenses. The organization holds $7K in liabilities against $735K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $728K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $324K | $285K | $735K | $7K | — | View 990 |
| 2022 | $264K | $230K | $697K | $9K | — | View 990 |
| 2021 | $255K | $230K | $658K | $5K | — | View 990 |
| 2020 | $680K | $107K | $629K | $703 | — | View 990 |
| 2019 | $102K | $79K | $43K | $0 | — | View 990 |
| 2018 | $54K | $51K | $23K | $0 | — | View 990 |
| 2017 | $59K | $57K | $19K | $0 | — | View 990 |
| 2016 | $52K | $55K | $21K | $0 | — | View 990 |
| 2012 | $38K | $37K | $16K | $0 | — | View 990 |
| 2011 | $35K | $35K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $324K, expenses of $285K, and assets of $735K (revenue +22.6% year-over-year).
- 2022: Revenue of $264K, expenses of $230K, and assets of $697K (revenue +3.5% year-over-year).
- 2021: Revenue of $255K, expenses of $230K, and assets of $658K (revenue -62.4% year-over-year).
- 2020: Revenue of $680K, expenses of $107K, and assets of $629K (revenue +568.8% year-over-year).
- 2019: Revenue of $102K, expenses of $79K, and assets of $43K (revenue +88.7% year-over-year).
- 2018: Revenue of $54K, expenses of $51K, and assets of $23K (revenue -8.3% year-over-year).
- 2017: Revenue of $59K, expenses of $57K, and assets of $19K (revenue +13.0% year-over-year).
- 2016: Revenue of $52K, expenses of $55K, and assets of $21K (revenue +38.2% year-over-year).
- 2012: Revenue of $38K, expenses of $37K, and assets of $16K (revenue +7.5% year-over-year).
- 2011: Revenue of $35K, expenses of $35K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prison Book Program:
Data Sources and Methodology
This transparency report for Prison Book Program is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.