Childrens Literacy Foundation
Childrens Literacy Foundation shows strong asset growth and 0% reported officer compensation over a decade.
EIN: 20498154 · Waterbury Ctr, VT · NTEE: B92 · Updated: 2026-03-28
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Childrens Literacy Foundation is mapped to EIN 20498154.
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| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $890K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1,378,580, |
| Net Assets | $3.5M |
| Transparency Score | 95/100 |
Search Intent Cockpit
Childrens Literacy Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Childrens Literacy Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Childrens Literacy Foundation in one place.
Form 990 Filing Summary
12 filing years are available, with latest revenue of $949K and expenses of $890K.
Revenue and Expenses
Childrens Literacy Foundation reported $949K in revenue and $890K in expenses, a surplus of $59K.
Executive Compensation
Top officer compensation appears as $1,378,580, in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
95/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Childrens Literacy Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $801K (90%) |
Across stored filings, Childrens Literacy Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
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| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 12 stored filing years |
| Peer context | Compare with Everybody Wins Vermont Inc | Vermont and Education context |
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Childrens Literacy Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Childrens Literacy Foundation
Childrens Literacy Foundation (EIN: 20498154) is a nonprofit organization based in Waterbury Ctr, VT, classified under NTEE code B92. The organization reported total revenue of $1.4M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens Literacy Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Childrens Literacy Foundation is a mid-size nonprofit that has been operating for 28 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $949K |
| Total Expenses | $890K |
| Surplus / Deficit | +$59K |
| Total Assets | $3.6M |
| Total Liabilities | $161K |
| Net Assets | $3.5M |
| Operating Margin | 6.2% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 49.0 months |
Financial Health Grade: A
In 2023, Childrens Literacy Foundation reported a surplus of $59K with revenue exceeding expenses, holds 49.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Childrens Literacy Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -55.2% | +13.6% | +8.2% |
| 2022 | +14.3% | +7.6% | +58.4% |
| 2021 | +137.0% | +1.9% | +58.5% |
| 2020 | +3.7% | +1.6% | +39.8% |
| 2019 | +6.1% | +1.6% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Childrens Literacy Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Childrens Literacy Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $59K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.4%.
Executive Compensation Analysis
The Childrens Literacy Foundation consistently reports 0% officer compensation across all available filings, including the most recent period (202306). This indicates either a volunteer-led executive team or compensation structured in a way that is not categorized as officer compensation, which is highly favorable for a nonprofit of its size (latest revenue $1,378,580, assets $3,719,918).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Childrens Literacy Foundation:
- Strong asset growth, from $956,329 in 2019 to $3,631,642 in 2023, indicating financial stability.
- Consistent reporting of 0% officer compensation, demonstrating a high commitment to program spending and transparency.
- Healthy financial surplus in most years, with expenses generally lower than revenue (e.g., 2023 revenue $949,270 vs. expenses $890,064).
- Low liabilities relative to assets, suggesting minimal financial risk (e.g., 2023 liabilities $161,076 vs. assets $3,631,642).
- Clear focus on program services, with a high estimated percentage of spending directed towards its mission.
Frequently Asked Questions about Childrens Literacy Foundation
Is Childrens Literacy Foundation a legitimate charity?
Childrens Literacy Foundation (EIN: 20498154) is a registered tax-exempt nonprofit based in Vermont. Our AI analysis gives it a Mission Score of 95/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Childrens Literacy Foundation spend its money?
Childrens Literacy Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Childrens Literacy Foundation tax-deductible?
Childrens Literacy Foundation is registered as a tax-exempt nonprofit (EIN: 20498154). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Childrens Literacy Foundation CEO make?
Childrens Literacy Foundation's highest-compensated officer earns $1,378,580, annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Childrens Literacy Foundation's spending goes to programs?
Childrens Literacy Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Childrens Literacy Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Childrens Literacy Foundation is above average for NTEE category B92 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Childrens Literacy Foundation located?
Childrens Literacy Foundation is headquartered in Waterbury Ctr, Vermont and files with the IRS under EIN 20498154. It is classified under NTEE code B92.
How many years of IRS 990 filings does Childrens Literacy Foundation have?
Childrens Literacy Foundation 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 $1.4M in total revenue.
Is Childrens Literacy Foundation a good charity?
Yes, based on the available IRS 990 data, Childrens Literacy Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets (from $956,329 in 2019 to $3,631,642 in 2023), efficient spending with a high percentage dedicated to programs, and excellent transparency with 0% reported officer compensation.
How has the organization's financial health changed over the past five years?
The organization's financial health has significantly improved over the past five years. Assets have grown substantially from $956,329 in 2019 to $3,631,642 in 2023. While revenue has fluctuated, the organization has consistently maintained a positive net income, indicating sound financial management.
What is the Childrens Literacy Foundation's approach to executive compensation?
The Childrens Literacy Foundation reports 0% officer compensation in all available IRS 990 filings. This suggests a highly efficient and mission-focused approach, where executive leadership may be volunteer-based or compensated through non-officer categories, ensuring more funds are directed to programs.
Filing History
IRS 990 filing history for Childrens Literacy Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Childrens Literacy Foundation's revenue has grown by 100%, moving from $475K to $949K. Total assets increased by 427.5% over the same period, from $689K to $3.6M. Total functional expenses rose by 113.8%, from $416K to $890K. In its most recent filing year (2023), Childrens Literacy Foundation reported a surplus of $59K, with revenue exceeding expenses. The organization holds $161K in liabilities against $3.6M in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $949K | $890K | $3.6M | $161K | — | View 990 |
| 2022 | $2.1M | $783K | $3.4M | $5K | — | View 990 |
| 2021 | $1.9M | $728K | $2.1M | $31K | — | View 990 |
| 2020 | $783K | $715K | $1.3M | $379K | — | View 990 |
| 2019 | $755K | $704K | $956K | $66K | — | View 990 |
| 2018 | $712K | $693K | $956K | $117K | — | — |
| 2017 | $696K | $592K | $990K | $170K | — | View 990 |
| 2016 | $571K | $546K | $794K | $79K | — | View 990 |
| 2015 | $542K | $526K | $691K | $905 | — | View 990 |
| 2014 | $531K | $549K | $679K | $5K | — | View 990 |
| 2013 | $493K | $458K | $757K | $64K | — | View 990 |
| 2012 | $475K | $416K | $689K | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $949K, expenses of $890K, and assets of $3.6M (revenue -55.2% year-over-year).
- 2022: Revenue of $2.1M, expenses of $783K, and assets of $3.4M (revenue +14.3% year-over-year).
- 2021: Revenue of $1.9M, expenses of $728K, and assets of $2.1M (revenue +137.0% year-over-year).
- 2020: Revenue of $783K, expenses of $715K, and assets of $1.3M (revenue +3.7% year-over-year).
- 2019: Revenue of $755K, expenses of $704K, and assets of $956K (revenue +6.1% year-over-year).
- 2018: Revenue of $712K, expenses of $693K, and assets of $956K (revenue +2.2% year-over-year).
- 2017: Revenue of $696K, expenses of $592K, and assets of $990K (revenue +22.0% year-over-year).
- 2016: Revenue of $571K, expenses of $546K, and assets of $794K (revenue +5.3% year-over-year).
- 2015: Revenue of $542K, expenses of $526K, and assets of $691K (revenue +2.2% year-over-year).
- 2014: Revenue of $531K, expenses of $549K, and assets of $679K (revenue +7.7% year-over-year).
- 2013: Revenue of $493K, expenses of $458K, and assets of $757K (revenue +3.8% year-over-year).
- 2012: Revenue of $475K, expenses of $416K, and assets of $689K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Childrens Literacy Foundation:
Data Sources and Methodology
This transparency report for Childrens Literacy Foundation 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.