Capital Area Literacy Coalition
EIN: 382625057 · Lansing, MI · NTEE: B92
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $292K |
| Net Assets | $574K |
Is Capital Area Literacy Coalition Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Capital Area Literacy Coalition
Capital Area Literacy Coalition (EIN: 382625057) is a nonprofit organization based in Lansing, MI, classified under NTEE code B92. The organization reported total revenue of $191K and total assets of $498K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital Area Literacy Coalition's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capital Area Literacy Coalition is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $292K |
| Surplus / Deficit | $-92,882 |
| Total Assets | $595K |
| Total Liabilities | $21K |
| Net Assets | $574K |
| Operating Margin | -46.7% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 24.5 months |
Financial Health Grade: B
In 2023, Capital Area Literacy Coalition reported a deficit of $93K with expenses exceeding revenue, holds 24.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Capital Area Literacy Coalition's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.9% | +35.9% | -12.9% |
| 2022 | +40.2% | +9.0% | +3.7% |
| 2021 | -32.2% | -40.6% | -65.4% |
| 2020 | +28.2% | +11.2% | -2.8% |
| 2019 | -11.3% | +1.8% | +10.2% |
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 Capital Area Literacy Coalition 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 Capital Area Literacy Coalition 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 $93K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.5%.
Frequently Asked Questions about Capital Area Literacy Coalition
Is Capital Area Literacy Coalition a legitimate charity?
Capital Area Literacy Coalition (EIN: 382625057) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $191K. No red flags identified. Financial health grade: B.
How does Capital Area Literacy Coalition spend its money?
Capital Area Literacy Coalition reported $191K 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 Capital Area Literacy Coalition tax-deductible?
Capital Area Literacy Coalition is registered as a tax-exempt nonprofit (EIN: 382625057). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Capital Area Literacy Coalition located?
Capital Area Literacy Coalition is headquartered in Lansing, Michigan and files with the IRS under EIN 382625057. It is classified under NTEE code B92.
How many years of IRS 990 filings does Capital Area Literacy Coalition have?
Capital Area Literacy Coalition 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 $191K in total revenue.
Filing History
IRS 990 filing history for Capital Area Literacy Coalition showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Capital Area Literacy Coalition's revenue has declined by 11.2%, moving from $224K to $199K. Total assets increased by 19.7% over the same period, from $497K to $595K. Total functional expenses rose by 35.7%, from $215K to $292K. In its most recent filing year (2023), Capital Area Literacy Coalition reported a deficit of $93K, with expenses exceeding revenue. The organization holds $21K in liabilities against $595K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $574K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $292K | $595K | $21K | — | — |
| 2022 | $252K | $215K | $683K | $16K | — | — |
| 2021 | $180K | $197K | $659K | $29K | — | View 990 |
| 2020 | $265K | $332K | $1.9M | $19K | — | — |
| 2019 | $207K | $298K | $2.0M | $46K | — | View 990 |
| 2018 | $233K | $293K | $1.8M | $27K | — | View 990 |
| 2017 | $620K | $298K | $1.9M | $33K | — | View 990 |
| 2016 | $1.4M | $296K | $1.7M | $87K | — | View 990 |
| 2015 | $259K | $309K | $540K | $69K | — | View 990 |
| 2014 | $306K | $287K | $600K | $79K | — | View 990 |
| 2013 | $306K | $271K | $590K | $88K | — | View 990 |
| 2012 | $272K | $229K | $558K | $91K | — | View 990 |
| 2011 | $224K | $215K | $497K | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199K, expenses of $292K, and assets of $595K (revenue -20.9% year-over-year).
- 2022: Revenue of $252K, expenses of $215K, and assets of $683K (revenue +40.2% year-over-year).
- 2021: Revenue of $180K, expenses of $197K, and assets of $659K (revenue -32.2% year-over-year).
- 2020: Revenue of $265K, expenses of $332K, and assets of $1.9M (revenue +28.2% year-over-year).
- 2019: Revenue of $207K, expenses of $298K, and assets of $2.0M (revenue -11.3% year-over-year).
- 2018: Revenue of $233K, expenses of $293K, and assets of $1.8M (revenue -62.4% year-over-year).
- 2017: Revenue of $620K, expenses of $298K, and assets of $1.9M (revenue -55.9% year-over-year).
- 2016: Revenue of $1.4M, expenses of $296K, and assets of $1.7M (revenue +443.6% year-over-year).
- 2015: Revenue of $259K, expenses of $309K, and assets of $540K (revenue -15.5% year-over-year).
- 2014: Revenue of $306K, expenses of $287K, and assets of $600K (revenue +0.0% year-over-year).
- 2013: Revenue of $306K, expenses of $271K, and assets of $590K (revenue +12.8% year-over-year).
- 2012: Revenue of $272K, expenses of $229K, and assets of $558K (revenue +21.2% year-over-year).
- 2011: Revenue of $224K, expenses of $215K, and assets of $497K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capital Area Literacy Coalition:
Data Sources and Methodology
This transparency report for Capital Area Literacy Coalition 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.