Expenses exceeded revenue in 2023 by $21,951, leading to a deficit for the year.
Strengths
Consistent reporting of 0% officer compensation across all filings.
Significant asset growth from $61,165 in 2015 to $221,426 in 2023.
Low liabilities, consistently under $10,000 in recent years.
Clear alignment between NTEE code (Literacy) and organization name, indicating strong program focus.
Spending Breakdown
How Appalachian Reading Ctr Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Appalachian Reading Ctr Inc
Is Appalachian Reading Ctr Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Appalachian Reading Ctr Inc (EIN: 200630486) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Appalachian Reading Ctr Inc a good charity to donate to?
Appalachian Reading Ctr Inc has a Mission Score of 88/100. Revenue: $322K. Assets: $251K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Appalachian Reading Ctr Inc?
The Employer Identification Number (EIN) for Appalachian Reading Ctr Inc is 200630486. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Appalachian Reading Ctr Inc spend its money?
Appalachian Reading Ctr Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Appalachian Reading Ctr Inc's tax-exempt status?
You can verify Appalachian Reading Ctr Inc's tax-exempt status using EIN 200630486 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Appalachian Reading Ctr Inc demonstrates generally sound financial health, with consistent revenue streams over the past decade, averaging around $260,000 annually. While the organization experienced a deficit in 2023, with expenses exceeding revenue by $21,951, this appears to be an anomaly rather than a trend, as most prior years show a surplus or near break-even. The organization's assets have grown significantly, from $61,165 in 2015 to $221,426 in 2023, indicating good financial management and accumulation of resources. Liabilities remain low, consistently under $10,000 in recent years, which is a positive indicator of financial stability.
The spending efficiency is commendable, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational costs rather than executive salaries. The organization's NTEE code B90 (Literacy) aligns well with its name, suggesting a clear program focus. The absence of reported officer compensation also contributes positively to transparency, as it indicates a volunteer-led or very lean administrative structure at the top.
Overall, Appalachian Reading Ctr Inc appears to be a well-managed nonprofit with a strong commitment to its mission, as evidenced by its financial stability, asset growth, and efficient use of funds. The recent deficit in 2023 warrants monitoring but does not overshadow the overall positive financial trajectory and operational efficiency observed in its filing history.