George Archer Memorial Foundation For Literacy
EIN: 262292839 · Incline Vlg, NV · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $158K |
| Total Expenses | $75K |
| Net Assets | $300K |
Is George Archer Memorial Foundation For Literacy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About George Archer Memorial Foundation For Literacy
George Archer Memorial Foundation For Literacy (EIN: 262292839) is a nonprofit organization based in Incline Vlg, NV, classified under NTEE code T20. The organization reported total revenue of $158K and total assets of $307K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George Archer Memorial Foundation For Literacy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
George Archer Memorial Foundation For Literacy is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $75K |
| Surplus / Deficit | +$28K |
| Total Assets | $300K |
| Net Assets | $300K |
| Operating Margin | 26.8% |
| Months of Reserves | 47.7 months |
Financial Health Grade: A
In 2023, George Archer Memorial Foundation For Literacy reported a surplus of $28K with revenue exceeding expenses, holds 47.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), George Archer Memorial Foundation For Literacy's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.6% | -24.6% | +9.8% |
| 2022 | -17.0% | +15.7% | -3.5% |
| 2021 | +55.7% | +8.8% | +6.9% |
| 2020 | -34.5% | -25.4% | -3.3% |
| 2019 | -17.0% | -3.2% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for George Archer Memorial Foundation For 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 George Archer Memorial Foundation For 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 $28K, with revenue exceeding expenses.
Frequently Asked Questions about George Archer Memorial Foundation For Literacy
Is George Archer Memorial Foundation For Literacy a legitimate charity?
George Archer Memorial Foundation For Literacy (EIN: 262292839) is a registered tax-exempt nonprofit based in Nevada. It has 13 years of IRS 990 filings on record. Total revenue: $158K. No red flags identified. Financial health grade: A.
How does George Archer Memorial Foundation For Literacy spend its money?
George Archer Memorial Foundation For Literacy reported $158K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to George Archer Memorial Foundation For Literacy tax-deductible?
George Archer Memorial Foundation For Literacy is registered as a tax-exempt nonprofit (EIN: 262292839). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is George Archer Memorial Foundation For Literacy located?
George Archer Memorial Foundation For Literacy is headquartered in Incline Vlg, Nevada and files with the IRS under EIN 262292839. It is classified under NTEE code T20.
How many years of IRS 990 filings does George Archer Memorial Foundation For Literacy have?
George Archer Memorial Foundation For Literacy has 13 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 $158K in total revenue.
Filing History
IRS 990 filing history for George Archer Memorial Foundation For Literacy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), George Archer Memorial Foundation For Literacy's revenue has declined by 9.5%, moving from $114K to $103K. Total assets increased by 179.6% over the same period, from $107K to $300K. Total functional expenses fell by 42.9%, from $132K to $75K. In its most recent filing year (2023), George Archer Memorial Foundation For Literacy reported a surplus of $28K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $103K | $75K | $300K | $0 | — | — |
| 2022 | $91K | $100K | $273K | $826 | — | View 990 |
| 2021 | $109K | $86K | $283K | $0 | — | View 990 |
| 2020 | $70K | $79K | $264K | $0 | — | View 990 |
| 2019 | $107K | $106K | $274K | $0 | — | View 990 |
| 2018 | $129K | $110K | $272K | $0 | — | View 990 |
| 2017 | $134K | $110K | $253K | $0 | — | View 990 |
| 2016 | $109K | $102K | $229K | $0 | — | View 990 |
| 2015 | $161K | $55K | $222K | $0 | — | View 990 |
| 2014 | $148K | $117K | $116K | $0 | — | View 990 |
| 2013 | $74K | $92K | $86K | $0 | — | View 990 |
| 2012 | $130K | $133K | $104K | $1 | — | View 990 |
| 2011 | $114K | $132K | $107K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $103K, expenses of $75K, and assets of $300K (revenue +13.6% year-over-year).
- 2022: Revenue of $91K, expenses of $100K, and assets of $273K (revenue -17.0% year-over-year).
- 2021: Revenue of $109K, expenses of $86K, and assets of $283K (revenue +55.7% year-over-year).
- 2020: Revenue of $70K, expenses of $79K, and assets of $264K (revenue -34.5% year-over-year).
- 2019: Revenue of $107K, expenses of $106K, and assets of $274K (revenue -17.0% year-over-year).
- 2018: Revenue of $129K, expenses of $110K, and assets of $272K (revenue -3.5% year-over-year).
- 2017: Revenue of $134K, expenses of $110K, and assets of $253K (revenue +23.3% year-over-year).
- 2016: Revenue of $109K, expenses of $102K, and assets of $229K (revenue -32.8% year-over-year).
- 2015: Revenue of $161K, expenses of $55K, and assets of $222K (revenue +9.4% year-over-year).
- 2014: Revenue of $148K, expenses of $117K, and assets of $116K (revenue +100.2% year-over-year).
- 2013: Revenue of $74K, expenses of $92K, and assets of $86K (revenue -43.1% year-over-year).
- 2012: Revenue of $130K, expenses of $133K, and assets of $104K (revenue +13.9% year-over-year).
- 2011: Revenue of $114K, expenses of $132K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for George Archer Memorial Foundation For Literacy:
Data Sources and Methodology
This transparency report for George Archer Memorial Foundation For 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.