Eat And Read At Melbas Literacy Project Inc

EIN: 873369305 · New Orleans, LA · NTEE: B60

$126KRevenue
$58KAssets
0/100Mission Score (Very Poor)
B60
Eat And Read At Melbas Literacy Project Inc Financial Summary
MetricValue
Total Revenue$126K
Total Expenses$58K
Net Assets$5K

Is Eat And Read At Melbas Literacy Project Inc Legit?

Insufficient Data

LimitedFiling Consistency
UnknownSpending Efficiency
LimitedTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

About Eat And Read At Melbas Literacy Project Inc

Eat And Read At Melbas Literacy Project Inc (EIN: 873369305) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B60. The organization reported total revenue of $126K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eat And Read At Melbas Literacy Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

4Years Operating
SmallSize Classification
2Years of Filings
StableRevenue Trajectory

Eat And Read At Melbas Literacy Project Inc is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2021–2022).

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$63K
Total Expenses$58K
Surplus / Deficit+$5K
Total Assets$5K
Net Assets$5K
Operating Margin7.4%
Months of Reserves1.0 months

Financial Health Grade: A

In 2022, Eat And Read At Melbas Literacy Project Inc reported a surplus of $5K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited).

IRS Tax-Exempt Classification

IRS Classification Codes3000
IRS Ruling Date2022

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Analysis Pending

AI enrichment for Eat And Read At Melbas Literacy Project 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 Eat And Read At Melbas Literacy Project 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 (2022)

From the most recent IRS 990 filing on record:

$63KTotal Revenue
$58KTotal Expenses
$5KTotal Assets
$5KNet Assets

Frequently Asked Questions about Eat And Read At Melbas Literacy Project Inc

Is Eat And Read At Melbas Literacy Project Inc a legitimate charity?

Eat And Read At Melbas Literacy Project Inc (EIN: 873369305) is a registered tax-exempt nonprofit based in Louisiana. It has 2 years of IRS 990 filings on record. Total revenue: $126K. No red flags identified. Financial health grade: A.

How does Eat And Read At Melbas Literacy Project Inc spend its money?

Eat And Read At Melbas Literacy Project Inc reported $126K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.

Are donations to Eat And Read At Melbas Literacy Project Inc tax-deductible?

Eat And Read At Melbas Literacy Project Inc is registered as a tax-exempt nonprofit (EIN: 873369305). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Eat And Read At Melbas Literacy Project Inc located?

Eat And Read At Melbas Literacy Project Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 873369305. It is classified under NTEE code B60.

How many years of IRS 990 filings does Eat And Read At Melbas Literacy Project Inc have?

Eat And Read At Melbas Literacy Project Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $126K in total revenue.

Filing History

IRS 990 filing history for Eat And Read At Melbas Literacy Project Inc showing financial trends over 2 years of public records:

Total assets increased by 468000% over the same period, from $1 to $5K. In its most recent filing year (2022), Eat And Read At Melbas Literacy Project Inc reported a surplus of $5K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $63K $58K $5K $0 View 990
2021 $0 $0 $1 $0 View 990

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Eat And Read At Melbas Literacy Project Inc:

2022 Filing 2021 Filing

Data Sources and Methodology

This transparency report for Eat And Read At Melbas Literacy Project 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.

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