Literacy Council Of Alaska
EIN: 926010100 · Fairbanks, AK · NTEE: B92Z
Is Literacy Council Of Alaska Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Literacy Council Of Alaska
Literacy Council Of Alaska (EIN: 926010100) is a nonprofit organization based in Fairbanks, AK, classified under NTEE code B92Z. The organization reported total revenue of $912K and total assets of $327K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Literacy Council Of Alaska's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Literacy Council Of Alaska 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 Literacy Council Of Alaska 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.
Frequently Asked Questions about Literacy Council Of Alaska
Is Literacy Council Of Alaska a legitimate charity?
Based on AI analysis of IRS 990 filings, Literacy Council Of Alaska (EIN: 926010100) insufficient data. 0 red flags identified, 0 strengths noted.
How does Literacy Council Of Alaska spend its money?
Detailed spending breakdown data is not yet available for Literacy Council Of Alaska. Check back for updated IRS 990 analysis.
Are donations to Literacy Council Of Alaska tax-deductible?
Literacy Council Of Alaska is registered as a tax-exempt nonprofit (EIN: 926010100). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Literacy Council Of Alaska showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Literacy Council Of Alaska's revenue has grown by 58.7%, moving from $640K to $1.0M. Total assets increased by 18.9% over the same period, from $319K to $379K. Total functional expenses rose by 69.8%, from $646K to $1.1M. In its most recent filing year (2024), Literacy Council Of Alaska reported a deficit of $83K, with expenses exceeding revenue. The organization holds $66K in liabilities against $379K in assets (debt-to-asset ratio: 17.4%), resulting in net assets of $313K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.0M | $1.1M | $379K | $66K | — | View 990 |
| 2023 | $1.1M | $1.1M | $450K | $58K | — | View 990 |
| 2022 | $946K | $948K | $444K | $29K | — | View 990 |
| 2021 | $1.0M | $1.0M | $460K | $23K | — | View 990 |
| 2020 | $907K | $914K | $439K | $49K | — | View 990 |
| 2019 | $839K | $837K | $419K | $22K | — | View 990 |
| 2018 | $631K | $619K | $356K | $16K | — | View 990 |
| 2017 | $489K | $505K | $351K | $13K | — | View 990 |
| 2016 | $477K | $524K | $367K | $13K | — | View 990 |
| 2015 | $532K | $547K | $392K | $22K | — | View 990 |
| 2014 | $516K | $482K | $398K | $13K | — | View 990 |
| 2013 | $523K | $509K | $379K | $29K | — | View 990 |
| 2012 | $508K | $515K | $308K | $13K | — | View 990 |
| 2011 | $640K | $646K | $319K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.0M, expenses of $1.1M, and assets of $379K (revenue -7.2% year-over-year).
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $450K (revenue +15.6% year-over-year).
- 2022: Revenue of $946K, expenses of $948K, and assets of $444K (revenue -9.6% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.0M, and assets of $460K (revenue +15.4% year-over-year).
- 2020: Revenue of $907K, expenses of $914K, and assets of $439K (revenue +8.1% year-over-year).
- 2019: Revenue of $839K, expenses of $837K, and assets of $419K (revenue +33.0% year-over-year).
- 2018: Revenue of $631K, expenses of $619K, and assets of $356K (revenue +29.0% year-over-year).
- 2017: Revenue of $489K, expenses of $505K, and assets of $351K (revenue +2.5% year-over-year).
- 2016: Revenue of $477K, expenses of $524K, and assets of $367K (revenue -10.3% year-over-year).
- 2015: Revenue of $532K, expenses of $547K, and assets of $392K (revenue +3.1% year-over-year).
- 2014: Revenue of $516K, expenses of $482K, and assets of $398K (revenue -1.4% year-over-year).
- 2013: Revenue of $523K, expenses of $509K, and assets of $379K (revenue +2.9% year-over-year).
- 2012: Revenue of $508K, expenses of $515K, and assets of $308K (revenue -20.5% year-over-year).
- 2011: Revenue of $640K, expenses of $646K, and assets of $319K.
Data Sources and Methodology
This transparency report for Literacy Council Of Alaska 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.