Choice Books Midwest Inc
EIN: 364196308 · Metamora, IL · NTEE: X21
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $495K |
| Net Assets | $634K |
Is Choice Books Midwest Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Choice Books Midwest Inc
Choice Books Midwest Inc (EIN: 364196308) is a nonprofit organization based in Metamora, IL, classified under NTEE code X21. The organization reported total revenue of $1.2M and total assets of $588K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Choice Books Midwest Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Choice Books Midwest Inc is a mid-size nonprofit that has been operating for 28 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $505K |
| Total Expenses | $495K |
| Surplus / Deficit | +$10K |
| Total Assets | $662K |
| Total Liabilities | $27K |
| Net Assets | $634K |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 16.0 months |
Financial Health Grade: A
In 2015, Choice Books Midwest Inc reported a surplus of $10K with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Choice Books Midwest Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +13.0% | -1.2% | +4.7% |
| 2014 | -4.3% | +1.5% | -7.5% |
| 2013 | +24.8% | +7.9% | -3.8% |
| 2012 | -23.2% | -10.4% | -12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Choice Books Midwest 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 Choice Books Midwest 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.1%.
Frequently Asked Questions about Choice Books Midwest Inc
Is Choice Books Midwest Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Choice Books Midwest Inc (EIN: 364196308) insufficient data. 0 red flags identified, 0 strengths noted.
How does Choice Books Midwest Inc spend its money?
Detailed spending breakdown data is not yet available for Choice Books Midwest Inc. Check back for updated IRS 990 analysis.
Are donations to Choice Books Midwest Inc tax-deductible?
Choice Books Midwest Inc is registered as a tax-exempt nonprofit (EIN: 364196308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Choice Books Midwest Inc located?
Choice Books Midwest Inc is headquartered in Metamora, Illinois and files with the IRS under EIN 364196308. It is classified under NTEE code X21.
How many years of IRS 990 filings does Choice Books Midwest Inc have?
Choice Books Midwest Inc has 5 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Choice Books Midwest Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Choice Books Midwest Inc's revenue has grown by 3.7%, moving from $487K to $505K. Total assets decreased by 18.1% over the same period, from $807K to $662K. Total functional expenses fell by 3.1%, from $511K to $495K. In its most recent filing year (2015), Choice Books Midwest Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $27K in liabilities against $662K in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $634K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $505K | $495K | $662K | $27K | — | View 990 |
| 2014 | $447K | $501K | $632K | $7K | — | View 990 |
| 2013 | $467K | $494K | $683K | $4K | — | View 990 |
| 2012 | $374K | $458K | $711K | $5K | — | View 990 |
| 2011 | $487K | $511K | $807K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $505K, expenses of $495K, and assets of $662K (revenue +13.0% year-over-year).
- 2014: Revenue of $447K, expenses of $501K, and assets of $632K (revenue -4.3% year-over-year).
- 2013: Revenue of $467K, expenses of $494K, and assets of $683K (revenue +24.8% year-over-year).
- 2012: Revenue of $374K, expenses of $458K, and assets of $711K (revenue -23.2% year-over-year).
- 2011: Revenue of $487K, expenses of $511K, and assets of $807K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Choice Books Midwest Inc:
Data Sources and Methodology
This transparency report for Choice Books Midwest 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.