Booktrails Inc
EIN: 472838786 · Steamboat Spr, CO · NTEE: B92
| Metric | Value |
|---|---|
| Total Revenue | $832K |
| Total Expenses | $394K |
| Net Assets | $1.2M |
Is Booktrails Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Booktrails Inc
Booktrails Inc (EIN: 472838786) is a nonprofit organization based in Steamboat Spr, CO, classified under NTEE code B92. The organization reported total revenue of $832K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Booktrails Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Booktrails Inc is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 16.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $456K |
| Total Expenses | $394K |
| Surplus / Deficit | +$63K |
| Total Assets | $1.2M |
| Total Liabilities | $9K |
| Net Assets | $1.2M |
| Operating Margin | 13.8% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 37.1 months |
Financial Health Grade: A
In 2023, Booktrails Inc reported a surplus of $63K with revenue exceeding expenses, holds 37.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Booktrails Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.8% | +15.7% | +6.0% |
| 2022 | +59.3% | +22.2% | +93.0% |
| 2021 | +71.1% | +15.7% | +91.4% |
| 2020 | +7.5% | -2.9% | +38.6% |
| 2019 | +4.2% | +34.5% | +33.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Booktrails 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 Booktrails 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $63K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Booktrails Inc
Is Booktrails Inc a legitimate charity?
Booktrails Inc (EIN: 472838786) is a registered tax-exempt nonprofit based in Colorado. It has 9 years of IRS 990 filings on record. Total revenue: $832K. No red flags identified. Financial health grade: A.
How does Booktrails Inc spend its money?
Booktrails Inc reported $832K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Booktrails Inc tax-deductible?
Booktrails Inc is registered as a tax-exempt nonprofit (EIN: 472838786). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Booktrails Inc located?
Booktrails Inc is headquartered in Steamboat Spr, Colorado and files with the IRS under EIN 472838786. It is classified under NTEE code B92.
How many years of IRS 990 filings does Booktrails Inc have?
Booktrails Inc has 9 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 $832K in total revenue.
Filing History
IRS 990 filing history for Booktrails Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Booktrails Inc's revenue has grown by 241.4%, moving from $134K to $456K. Total assets increased by 2693.5% over the same period, from $44K to $1.2M. Total functional expenses rose by 336.4%, from $90K to $394K. In its most recent filing year (2023), Booktrails Inc reported a surplus of $63K, with revenue exceeding expenses. The organization holds $9K in liabilities against $1.2M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $456K | $394K | $1.2M | $9K | — | — |
| 2022 | $892K | $340K | $1.1M | $4K | — | — |
| 2021 | $560K | $278K | $595K | $3K | — | View 990 |
| 2020 | $327K | $241K | $311K | $73 | — | — |
| 2019 | $304K | $248K | $224K | $0 | — | View 990 |
| 2018 | $292K | $184K | $168K | $0 | — | View 990 |
| 2017 | $157K | $146K | $60K | $0 | — | View 990 |
| 2016 | $127K | $122K | $49K | $0 | — | View 990 |
| 2015 | $134K | $90K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $456K, expenses of $394K, and assets of $1.2M (revenue -48.8% year-over-year).
- 2022: Revenue of $892K, expenses of $340K, and assets of $1.1M (revenue +59.3% year-over-year).
- 2021: Revenue of $560K, expenses of $278K, and assets of $595K (revenue +71.1% year-over-year).
- 2020: Revenue of $327K, expenses of $241K, and assets of $311K (revenue +7.5% year-over-year).
- 2019: Revenue of $304K, expenses of $248K, and assets of $224K (revenue +4.2% year-over-year).
- 2018: Revenue of $292K, expenses of $184K, and assets of $168K (revenue +86.4% year-over-year).
- 2017: Revenue of $157K, expenses of $146K, and assets of $60K (revenue +23.0% year-over-year).
- 2016: Revenue of $127K, expenses of $122K, and assets of $49K (revenue -4.7% year-over-year).
- 2015: Revenue of $134K, expenses of $90K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Booktrails Inc:
Data Sources and Methodology
This transparency report for Booktrails 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.