Childrens Literacy Project
EIN: 464119141 · Lake Oswego, OR · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $2.1M |
| Net Assets | $321K |
Is Childrens Literacy Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Childrens Literacy Project
Childrens Literacy Project (EIN: 464119141) is a nonprofit organization based in Lake Oswego, OR, classified under NTEE code B90. The organization reported total revenue of $3.6M and total assets of $853K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens Literacy Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Childrens Literacy Project is a mid-size 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 56.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-143,460 |
| Total Assets | $321K |
| Net Assets | $321K |
| Operating Margin | -7.4% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2023, Childrens Literacy Project reported a deficit of $143K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2015–2023), Childrens Literacy Project's revenue has grown at a compound annual growth rate (CAGR) of 56.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +214.9% | +394.2% | -30.9% |
| 2022 | +21.9% | +42.4% | +71.4% |
| 2021 | +22.0% | -20.3% | +227.6% |
| 2020 | +25.4% | +11.3% | +309.0% |
| 2019 | +135.3% | +92.0% | -14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Childrens Literacy Project 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 Childrens Literacy Project 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 $143K, with expenses exceeding revenue.
Frequently Asked Questions about Childrens Literacy Project
Is Childrens Literacy Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Childrens Literacy Project (EIN: 464119141) insufficient data. 0 red flags identified, 0 strengths noted.
How does Childrens Literacy Project spend its money?
Detailed spending breakdown data is not yet available for Childrens Literacy Project. Check back for updated IRS 990 analysis.
Are donations to Childrens Literacy Project tax-deductible?
Childrens Literacy Project is registered as a tax-exempt nonprofit (EIN: 464119141). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Childrens Literacy Project located?
Childrens Literacy Project is headquartered in Lake Oswego, Oregon and files with the IRS under EIN 464119141. It is classified under NTEE code B90.
How many years of IRS 990 filings does Childrens Literacy Project have?
Childrens Literacy Project 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 $3.6M in total revenue.
Filing History
IRS 990 filing history for Childrens Literacy Project showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Childrens Literacy Project's revenue has grown by 3502.6%, moving from $54K to $1.9M. Total assets increased by 3124.2% over the same period, from $10K to $321K. Total functional expenses rose by 4651.9%, from $44K to $2.1M. In its most recent filing year (2023), Childrens Literacy Project reported a deficit of $143K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.1M | $321K | $0 | — | — |
| 2022 | $613K | $420K | $464K | $0 | — | View 990 |
| 2021 | $503K | $295K | $271K | $0 | — | View 990 |
| 2020 | $412K | $370K | $83K | $20K | — | View 990 |
| 2019 | $329K | $332K | $20K | $0 | — | View 990 |
| 2018 | $140K | $173K | $24K | $0 | — | View 990 |
| 2017 | $175K | $144K | $82K | $25K | — | View 990 |
| 2016 | $213K | $197K | $38K | $11K | — | View 990 |
| 2015 | $54K | $44K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.1M, and assets of $321K (revenue +214.9% year-over-year).
- 2022: Revenue of $613K, expenses of $420K, and assets of $464K (revenue +21.9% year-over-year).
- 2021: Revenue of $503K, expenses of $295K, and assets of $271K (revenue +22.0% year-over-year).
- 2020: Revenue of $412K, expenses of $370K, and assets of $83K (revenue +25.4% year-over-year).
- 2019: Revenue of $329K, expenses of $332K, and assets of $20K (revenue +135.3% year-over-year).
- 2018: Revenue of $140K, expenses of $173K, and assets of $24K (revenue -20.0% year-over-year).
- 2017: Revenue of $175K, expenses of $144K, and assets of $82K (revenue -18.0% year-over-year).
- 2016: Revenue of $213K, expenses of $197K, and assets of $38K (revenue +297.7% year-over-year).
- 2015: Revenue of $54K, expenses of $44K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Childrens Literacy Project:
Data Sources and Methodology
This transparency report for Childrens Literacy Project 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.