Books Are Wings
EIN: 270045877 · Pawtucket, RI · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $233K |
| Total Expenses | $287K |
| Net Assets | $106K |
Is Books Are Wings Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Books Are Wings
Books Are Wings (EIN: 270045877) is a nonprofit organization based in Pawtucket, RI, classified under NTEE code B99. The organization reported total revenue of $233K and total assets of $80K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Books Are Wings's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Books Are Wings is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $242K |
| Total Expenses | $287K |
| Surplus / Deficit | $-45,111 |
| Total Assets | $106K |
| Net Assets | $106K |
| Operating Margin | -18.6% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2023, Books Are Wings reported a deficit of $45K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Books Are Wings's revenue has grown at a compound annual growth rate (CAGR) of 13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.9% | -1.7% | -29.8% |
| 2022 | +13.6% | +41.9% | -8.4% |
| 2021 | +7.1% | -9.2% | +47.9% |
| 2020 | +20.8% | +15.6% | +40.1% |
| 2019 | +13.8% | +15.2% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Books Are Wings 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 Books Are Wings 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $45K, with expenses exceeding revenue.
Frequently Asked Questions about Books Are Wings
Is Books Are Wings a legitimate charity?
Based on AI analysis of IRS 990 filings, Books Are Wings (EIN: 270045877) insufficient data. 0 red flags identified, 0 strengths noted.
How does Books Are Wings spend its money?
Detailed spending breakdown data is not yet available for Books Are Wings. Check back for updated IRS 990 analysis.
Are donations to Books Are Wings tax-deductible?
Books Are Wings is registered as a tax-exempt nonprofit (EIN: 270045877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Books Are Wings located?
Books Are Wings is headquartered in Pawtucket, Rhode Island and files with the IRS under EIN 270045877. It is classified under NTEE code B99.
How many years of IRS 990 filings does Books Are Wings have?
Books Are Wings 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 $233K in total revenue.
Filing History
IRS 990 filing history for Books Are Wings showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Books Are Wings's revenue has grown by 377.9%, moving from $51K to $242K. Total assets increased by 260.5% over the same period, from $29K to $106K. Total functional expenses rose by 802.3%, from $32K to $287K. In its most recent filing year (2023), Books Are Wings reported a deficit of $45K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $242K | $287K | $106K | $0 | — | — |
| 2022 | $295K | $292K | $151K | $0 | — | View 990 |
| 2021 | $259K | $206K | $165K | $16K | — | View 990 |
| 2020 | $242K | $227K | $112K | $16K | — | — |
| 2019 | $201K | $196K | $80K | $0 | — | View 990 |
| 2018 | $176K | $170K | $75K | $0 | — | View 990 |
| 2017 | $167K | $144K | $69K | $0 | — | View 990 |
| 2016 | $73K | $56K | $46K | $0 | — | View 990 |
| 2015 | $122K | $115K | $38K | $10K | — | View 990 |
| 2014 | $65K | $75K | $24K | $2K | — | View 990 |
| 2013 | $84K | $90K | $34K | $2K | — | View 990 |
| 2012 | $63K | $69K | $38K | $0 | — | View 990 |
| 2011 | $51K | $32K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $242K, expenses of $287K, and assets of $106K (revenue -17.9% year-over-year).
- 2022: Revenue of $295K, expenses of $292K, and assets of $151K (revenue +13.6% year-over-year).
- 2021: Revenue of $259K, expenses of $206K, and assets of $165K (revenue +7.1% year-over-year).
- 2020: Revenue of $242K, expenses of $227K, and assets of $112K (revenue +20.8% year-over-year).
- 2019: Revenue of $201K, expenses of $196K, and assets of $80K (revenue +13.8% year-over-year).
- 2018: Revenue of $176K, expenses of $170K, and assets of $75K (revenue +5.4% year-over-year).
- 2017: Revenue of $167K, expenses of $144K, and assets of $69K (revenue +127.7% year-over-year).
- 2016: Revenue of $73K, expenses of $56K, and assets of $46K (revenue -39.6% year-over-year).
- 2015: Revenue of $122K, expenses of $115K, and assets of $38K (revenue +87.0% year-over-year).
- 2014: Revenue of $65K, expenses of $75K, and assets of $24K (revenue -22.4% year-over-year).
- 2013: Revenue of $84K, expenses of $90K, and assets of $34K (revenue +33.9% year-over-year).
- 2012: Revenue of $63K, expenses of $69K, and assets of $38K (revenue +23.4% year-over-year).
- 2011: Revenue of $51K, expenses of $32K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Books Are Wings:
Data Sources and Methodology
This transparency report for Books Are Wings 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.