Is Born To Read Inc Legit?

Strengths

Consistent 0% officer compensation, maximizing mission-related spending.
Healthy asset base relative to revenue, indicating financial stability (e.g., $73,573 assets vs. $65,209 revenue in 202312).
Minimal liabilities across all reported periods, demonstrating sound financial management.
Consistent IRS 990 filing history over 13 periods, indicating strong transparency and compliance.
Expenses generally managed within revenue, preventing significant deficits (e.g., $54,708 expenses vs. $65,209 revenue in 202312).

Spending Breakdown

How Born To Read Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Born To Read Inc

Is Born To Read Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Born To Read Inc (EIN: 208599185) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Born To Read Inc a good charity to donate to?

Born To Read Inc has a Mission Score of 92/100. Revenue: $47K. Assets: $68K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Born To Read Inc?

The Employer Identification Number (EIN) for Born To Read Inc is 208599185. 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 Born To Read Inc spend its money?

Born To Read Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Born To Read Inc's tax-exempt status?

You can verify Born To Read Inc's tax-exempt status using EIN 208599185 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

Born To Read Inc. demonstrates consistent financial activity, with revenues fluctuating but generally in the range of $40,000 to $80,000 annually, as seen in the 202312 period with $65,209 in revenue. The organization maintains a healthy asset base, reported at $73,573 in the latest filing, with negligible liabilities, indicating good financial stability. A notable strength is the consistent reporting of 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries.

Spending efficiency appears strong, particularly given the absence of officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall expense levels are generally in line with or slightly below revenue, preventing significant deficits. For instance, in 202312, expenses were $54,708 against $65,209 in revenue, showing a surplus. The organization's consistent filing history over 13 periods also points to a commitment to transparency and compliance with IRS regulations.

However, the 202212 filing showing $0 revenue and $0 expenses with only $1 in assets is an anomaly that could raise questions about reporting consistency for that specific period, though subsequent filings show a return to normal operations. Overall, Born To Read Inc. appears to be a financially stable and transparent organization, effectively managing its resources to support its mission, especially given its small scale and volunteer-driven nature implied by the lack of officer compensation.

Verdict: Born To Read Inc appears trustworthy

Red Flags