Ethos Literacy
EIN: 412235848 · Albuquerque, NM · NTEE: B60
| Metric | Value |
|---|---|
| Total Revenue | $197K |
| Total Expenses | $234K |
| Net Assets | $83K |
Is Ethos Literacy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ethos Literacy
Ethos Literacy (EIN: 412235848) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code B60. The organization reported total revenue of $197K and total assets of $65K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ethos Literacy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ethos Literacy is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 17.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $234K |
| Total Expenses | $234K |
| Surplus / Deficit | +$446 |
| Total Assets | $85K |
| Total Liabilities | $2K |
| Net Assets | $83K |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 4.4 months |
Financial Health Grade: A
In 2023, Ethos Literacy reported a surplus of $446 with revenue exceeding expenses, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Ethos Literacy's revenue has grown at a compound annual growth rate (CAGR) of 17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.8% | -10.0% | +0.2% |
| 2022 | -19.6% | +6.5% | -14.0% |
| 2021 | +105.2% | +41.7% | +72.8% |
| 2020 | +18.4% | +46.2% | -3.9% |
| 2019 | +9.9% | -0.6% | +19.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ethos Literacy 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 Ethos Literacy 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 surplus of $446, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Frequently Asked Questions about Ethos Literacy
Is Ethos Literacy a legitimate charity?
Based on AI analysis of IRS 990 filings, Ethos Literacy (EIN: 412235848) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ethos Literacy spend its money?
Detailed spending breakdown data is not yet available for Ethos Literacy. Check back for updated IRS 990 analysis.
Are donations to Ethos Literacy tax-deductible?
Ethos Literacy is registered as a tax-exempt nonprofit (EIN: 412235848). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ethos Literacy located?
Ethos Literacy is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 412235848. It is classified under NTEE code B60.
How many years of IRS 990 filings does Ethos Literacy have?
Ethos Literacy 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 $197K in total revenue.
Filing History
IRS 990 filing history for Ethos Literacy showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Ethos Literacy's revenue has grown by 464.4%, moving from $42K to $234K. Total assets increased by 780.7% over the same period, from $10K to $85K. Total functional expenses rose by 468.3%, from $41K to $234K. In its most recent filing year (2023), Ethos Literacy reported a surplus of $446, with revenue exceeding expenses. The organization holds $2K in liabilities against $85K in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $83K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $234K | $234K | $85K | $2K | — | View 990 |
| 2022 | $246K | $260K | $85K | $3K | — | View 990 |
| 2021 | $306K | $244K | $99K | $3K | — | — |
| 2020 | $149K | $172K | $57K | $23K | — | View 990 |
| 2019 | $126K | $118K | $60K | $3K | — | View 990 |
| 2018 | $115K | $118K | $50K | $699 | — | View 990 |
| 2017 | $97K | $116K | $54K | $606 | — | View 990 |
| 2016 | $162K | $122K | $78K | $4K | — | View 990 |
| 2015 | $123K | $105K | $36K | $2K | — | View 990 |
| 2014 | $84K | $91K | $27K | $11K | — | View 990 |
| 2013 | $58K | $46K | $23K | $504 | — | View 990 |
| 2012 | $42K | $41K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $234K, expenses of $234K, and assets of $85K (revenue -4.8% year-over-year).
- 2022: Revenue of $246K, expenses of $260K, and assets of $85K (revenue -19.6% year-over-year).
- 2021: Revenue of $306K, expenses of $244K, and assets of $99K (revenue +105.2% year-over-year).
- 2020: Revenue of $149K, expenses of $172K, and assets of $57K (revenue +18.4% year-over-year).
- 2019: Revenue of $126K, expenses of $118K, and assets of $60K (revenue +9.9% year-over-year).
- 2018: Revenue of $115K, expenses of $118K, and assets of $50K (revenue +18.0% year-over-year).
- 2017: Revenue of $97K, expenses of $116K, and assets of $54K (revenue -40.2% year-over-year).
- 2016: Revenue of $162K, expenses of $122K, and assets of $78K (revenue +31.6% year-over-year).
- 2015: Revenue of $123K, expenses of $105K, and assets of $36K (revenue +46.8% year-over-year).
- 2014: Revenue of $84K, expenses of $91K, and assets of $27K (revenue +44.8% year-over-year).
- 2013: Revenue of $58K, expenses of $46K, and assets of $23K (revenue +39.9% year-over-year).
- 2012: Revenue of $42K, expenses of $41K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ethos Literacy:
Data Sources and Methodology
This transparency report for Ethos Literacy 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.