Catch Up & Read Inc
EIN: 453533496 · Dallas, TX · NTEE: B92
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $1.5M |
| Net Assets | $2.0M |
Is Catch Up & Read Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Catch Up & Read Inc
Catch Up & Read Inc (EIN: 453533496) is a nonprofit organization based in Dallas, TX, classified under NTEE code B92. The organization reported total revenue of $3.0M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catch Up & Read Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catch Up & Read Inc is a mid-size nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 33.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-35,241 |
| Total Assets | $2.1M |
| Total Liabilities | $50K |
| Net Assets | $2.0M |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 16.5 months |
Financial Health Grade: B
In 2023, Catch Up & Read Inc reported a deficit of $35K with expenses exceeding revenue, holds 16.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Catch Up & Read Inc's revenue has grown at a compound annual growth rate (CAGR) of 33.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | +23.5% | -2.1% |
| 2022 | +56.2% | +12.7% | +7.7% |
| 2021 | -24.3% | +205.7% | -2.4% |
| 2020 | -11.9% | -49.8% | +71.7% |
| 2019 | +90.4% | +48.6% | +128.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Catch Up & Read 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 Catch Up & Read 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 deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Catch Up & Read Inc
Is Catch Up & Read Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Catch Up & Read Inc (EIN: 453533496) insufficient data. 0 red flags identified, 0 strengths noted.
How does Catch Up & Read Inc spend its money?
Detailed spending breakdown data is not yet available for Catch Up & Read Inc. Check back for updated IRS 990 analysis.
Are donations to Catch Up & Read Inc tax-deductible?
Catch Up & Read Inc is registered as a tax-exempt nonprofit (EIN: 453533496). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Catch Up & Read Inc located?
Catch Up & Read Inc is headquartered in Dallas, Texas and files with the IRS under EIN 453533496. It is classified under NTEE code B92.
How many years of IRS 990 filings does Catch Up & Read Inc have?
Catch Up & Read Inc has 12 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 $3.0M in total revenue.
Filing History
IRS 990 filing history for Catch Up & Read Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Catch Up & Read Inc's revenue has grown by 2207.2%, moving from $64K to $1.5M. Total assets increased by 9680.9% over the same period, from $21K to $2.1M. Total functional expenses rose by 3393.5%, from $43K to $1.5M. In its most recent filing year (2023), Catch Up & Read Inc reported a deficit of $35K, with expenses exceeding revenue. The organization holds $50K in liabilities against $2.1M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $2.1M | $50K | — | View 990 |
| 2022 | $1.4M | $1.2M | $2.1M | $49K | — | View 990 |
| 2021 | $918K | $1.1M | $2.0M | $93K | — | View 990 |
| 2020 | $1.2M | $356K | $2.0M | $6K | — | View 990 |
| 2019 | $1.4M | $710K | $1.2M | $14K | — | View 990 |
| 2018 | $723K | $478K | $518K | $18K | — | View 990 |
| 2017 | $458K | $316K | $267K | $11K | — | View 990 |
| 2016 | $171K | $222K | $113K | $0 | — | View 990 |
| 2015 | $216K | $173K | $163K | $0 | — | View 990 |
| 2014 | $233K | $118K | $120K | $0 | — | View 990 |
| 2013 | $36K | $52K | $5K | $0 | — | View 990 |
| 2012 | $64K | $43K | $21K | $565 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $2.1M (revenue +3.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.2M, and assets of $2.1M (revenue +56.2% year-over-year).
- 2021: Revenue of $918K, expenses of $1.1M, and assets of $2.0M (revenue -24.3% year-over-year).
- 2020: Revenue of $1.2M, expenses of $356K, and assets of $2.0M (revenue -11.9% year-over-year).
- 2019: Revenue of $1.4M, expenses of $710K, and assets of $1.2M (revenue +90.4% year-over-year).
- 2018: Revenue of $723K, expenses of $478K, and assets of $518K (revenue +57.9% year-over-year).
- 2017: Revenue of $458K, expenses of $316K, and assets of $267K (revenue +167.7% year-over-year).
- 2016: Revenue of $171K, expenses of $222K, and assets of $113K (revenue -21.0% year-over-year).
- 2015: Revenue of $216K, expenses of $173K, and assets of $163K (revenue -7.3% year-over-year).
- 2014: Revenue of $233K, expenses of $118K, and assets of $120K (revenue +551.4% year-over-year).
- 2013: Revenue of $36K, expenses of $52K, and assets of $5K (revenue -44.2% year-over-year).
- 2012: Revenue of $64K, expenses of $43K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catch Up & Read Inc:
Data Sources and Methodology
This transparency report for Catch Up & Read 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.