A Plus Reading Inc
EIN: 731545058 · Ardmore, OK · NTEE: B28
| Metric | Value |
|---|---|
| Total Revenue | $349K |
| Total Expenses | $361K |
| Net Assets | $3K |
Is A Plus Reading Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About A Plus Reading Inc
A Plus Reading Inc (EIN: 731545058) is a nonprofit organization based in Ardmore, OK, classified under NTEE code B28. The organization reported total revenue of $349K and total assets of $93K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Plus Reading Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A Plus Reading Inc is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $355K |
| Total Expenses | $361K |
| Surplus / Deficit | $-6,377 |
| Total Assets | $29K |
| Total Liabilities | $25K |
| Net Assets | $3K |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 88.2% |
| Months of Reserves | 1.0 months |
Financial Health Grade: D
In 2024, A Plus Reading Inc reported a deficit of $6K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 88.2% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), A Plus Reading Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +18.4% | +21.6% | -78.8% |
| 2023 | +16.5% | +2.3% | +37.7% |
| 2022 | +26.5% | +33.6% | +7.4% |
| 2021 | -22.7% | +3.0% | -20.7% |
| 2020 | +18.7% | -7.1% | +14.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for A Plus Reading Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A Plus Reading Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 88.2%.
Frequently Asked Questions about A Plus Reading Inc
Is A Plus Reading Inc a legitimate charity?
A Plus Reading Inc (EIN: 731545058) is a registered tax-exempt nonprofit based in Oklahoma. It has 13 years of IRS 990 filings on record. Total revenue: $349K. No red flags identified. Financial health grade: D.
How does A Plus Reading Inc spend its money?
A Plus Reading Inc reported $349K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to A Plus Reading Inc tax-deductible?
A Plus Reading Inc is registered as a tax-exempt nonprofit (EIN: 731545058). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is A Plus Reading Inc located?
A Plus Reading Inc is headquartered in Ardmore, Oklahoma and files with the IRS under EIN 731545058. It is classified under NTEE code B28.
How many years of IRS 990 filings does A Plus Reading Inc have?
A Plus Reading Inc has 13 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 $349K in total revenue.
Filing History
IRS 990 filing history for A Plus Reading Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), A Plus Reading Inc's revenue has grown by 63.7%, moving from $217K to $355K. Total assets increased by 75.6% over the same period, from $16K to $29K. Total functional expenses rose by 65.4%, from $218K to $361K. In its most recent filing year (2024), A Plus Reading Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $25K in liabilities against $29K in assets (debt-to-asset ratio: 88.2%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $355K | $361K | $29K | $25K | — | — |
| 2023 | $299K | $297K | $135K | $125K | — | View 990 |
| 2022 | $257K | $290K | $98K | $91K | — | View 990 |
| 2021 | $203K | $217K | $91K | $51K | — | View 990 |
| 2020 | $263K | $211K | $115K | $61K | — | View 990 |
| 2019 | $221K | $227K | $101K | $98K | — | View 990 |
| 2018 | $217K | $210K | $74K | $65K | — | View 990 |
| 2017 | $197K | $204K | $67K | $65K | — | View 990 |
| 2016 | $223K | $206K | $12K | $3K | — | View 990 |
| 2015 | $142K | $216K | $3K | $11K | — | View 990 |
| 2014 | $211K | $167K | $68K | $2K | — | View 990 |
| 2013 | $184K | $174K | $25K | $3K | — | View 990 |
| 2012 | $217K | $218K | $16K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $355K, expenses of $361K, and assets of $29K (revenue +18.4% year-over-year).
- 2023: Revenue of $299K, expenses of $297K, and assets of $135K (revenue +16.5% year-over-year).
- 2022: Revenue of $257K, expenses of $290K, and assets of $98K (revenue +26.5% year-over-year).
- 2021: Revenue of $203K, expenses of $217K, and assets of $91K (revenue -22.7% year-over-year).
- 2020: Revenue of $263K, expenses of $211K, and assets of $115K (revenue +18.7% year-over-year).
- 2019: Revenue of $221K, expenses of $227K, and assets of $101K (revenue +2.1% year-over-year).
- 2018: Revenue of $217K, expenses of $210K, and assets of $74K (revenue +9.9% year-over-year).
- 2017: Revenue of $197K, expenses of $204K, and assets of $67K (revenue -11.5% year-over-year).
- 2016: Revenue of $223K, expenses of $206K, and assets of $12K (revenue +56.2% year-over-year).
- 2015: Revenue of $142K, expenses of $216K, and assets of $3K (revenue -32.3% year-over-year).
- 2014: Revenue of $211K, expenses of $167K, and assets of $68K (revenue +14.3% year-over-year).
- 2013: Revenue of $184K, expenses of $174K, and assets of $25K (revenue -15.0% year-over-year).
- 2012: Revenue of $217K, expenses of $218K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A Plus Reading Inc:
Data Sources and Methodology
This transparency report for A Plus Reading Inc 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.