Ladies Library Association Of Kalamazoo
EIN: 381434048 · Kalamazoo, MI
| Metric | Value |
|---|---|
| Total Revenue | $415K |
| Total Expenses | $162K |
| Net Assets | $4.5M |
Is Ladies Library Association Of Kalamazoo Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ladies Library Association Of Kalamazoo
Ladies Library Association Of Kalamazoo (EIN: 381434048) is a nonprofit organization based in Kalamazoo, MI. The organization reported total revenue of $415K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ladies Library Association Of Kalamazoo's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ladies Library Association Of Kalamazoo is a small nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $162K |
| Surplus / Deficit | $-59,604 |
| Total Assets | $4.6M |
| Total Liabilities | $10K |
| Net Assets | $4.5M |
| Operating Margin | -58.4% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 338.4 months |
Financial Health Grade: B
In 2023, Ladies Library Association Of Kalamazoo reported a deficit of $60K with expenses exceeding revenue, holds 338.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ladies Library Association Of Kalamazoo's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +523.9% | +20.2% | +3.0% |
| 2022 | -85.6% | +11.6% | -9.4% |
| 2021 | -17.4% | -9.3% | +4.8% |
| 2020 | -2.3% | -13.3% | -0.3% |
| 2019 | +25.7% | -1.4% | +7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ladies Library Association Of Kalamazoo 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 Ladies Library Association Of Kalamazoo 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 $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Ladies Library Association Of Kalamazoo
Is Ladies Library Association Of Kalamazoo a legitimate charity?
Ladies Library Association Of Kalamazoo (EIN: 381434048) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $415K. No red flags identified. Financial health grade: B.
How does Ladies Library Association Of Kalamazoo spend its money?
Ladies Library Association Of Kalamazoo reported $415K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ladies Library Association Of Kalamazoo tax-deductible?
Ladies Library Association Of Kalamazoo is registered as a tax-exempt nonprofit (EIN: 381434048). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ladies Library Association Of Kalamazoo located?
Ladies Library Association Of Kalamazoo is headquartered in Kalamazoo, Michigan and files with the IRS under EIN 381434048.
How many years of IRS 990 filings does Ladies Library Association Of Kalamazoo have?
Ladies Library Association Of Kalamazoo 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 $415K in total revenue.
Filing History
IRS 990 filing history for Ladies Library Association Of Kalamazoo showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ladies Library Association Of Kalamazoo's revenue has grown by 23.5%, moving from $83K to $102K. Total assets increased by 616% over the same period, from $637K to $4.6M. Total functional expenses rose by 123.4%, from $72K to $162K. In its most recent filing year (2023), Ladies Library Association Of Kalamazoo reported a deficit of $60K, with expenses exceeding revenue. The organization holds $10K in liabilities against $4.6M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $102K | $162K | $4.6M | $10K | — | — |
| 2022 | $16K | $135K | $4.4M | $9K | — | View 990 |
| 2021 | $114K | $121K | $4.9M | $9K | — | — |
| 2020 | $138K | $133K | $4.7M | $10K | — | View 990 |
| 2019 | $141K | $153K | $4.7M | $10K | — | View 990 |
| 2018 | $112K | $155K | $4.4M | $6K | — | View 990 |
| 2017 | $97K | $141K | $4.6M | $8K | — | View 990 |
| 2016 | $86K | $134K | $4.4M | $398 | — | View 990 |
| 2015 | $126K | $160K | $4.3M | $2K | — | View 990 |
| 2014 | $109K | $175K | $4.4M | $2K | — | View 990 |
| 2013 | $61K | $102K | $2.5M | $3K | — | View 990 |
| 2012 | $37K | $195K | $481K | $4K | — | View 990 |
| 2011 | $83K | $72K | $637K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $102K, expenses of $162K, and assets of $4.6M (revenue +523.9% year-over-year).
- 2022: Revenue of $16K, expenses of $135K, and assets of $4.4M (revenue -85.6% year-over-year).
- 2021: Revenue of $114K, expenses of $121K, and assets of $4.9M (revenue -17.4% year-over-year).
- 2020: Revenue of $138K, expenses of $133K, and assets of $4.7M (revenue -2.3% year-over-year).
- 2019: Revenue of $141K, expenses of $153K, and assets of $4.7M (revenue +25.7% year-over-year).
- 2018: Revenue of $112K, expenses of $155K, and assets of $4.4M (revenue +15.6% year-over-year).
- 2017: Revenue of $97K, expenses of $141K, and assets of $4.6M (revenue +12.2% year-over-year).
- 2016: Revenue of $86K, expenses of $134K, and assets of $4.4M (revenue -31.1% year-over-year).
- 2015: Revenue of $126K, expenses of $160K, and assets of $4.3M (revenue +15.0% year-over-year).
- 2014: Revenue of $109K, expenses of $175K, and assets of $4.4M (revenue +79.0% year-over-year).
- 2013: Revenue of $61K, expenses of $102K, and assets of $2.5M (revenue +63.2% year-over-year).
- 2012: Revenue of $37K, expenses of $195K, and assets of $481K (revenue -54.8% year-over-year).
- 2011: Revenue of $83K, expenses of $72K, and assets of $637K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ladies Library Association Of Kalamazoo:
Data Sources and Methodology
This transparency report for Ladies Library Association Of Kalamazoo 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.