Literacy Council Of Greater Waukesha
EIN: 391649950 · Waukesha, WI
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $100K |
| Net Assets | $25K |
Is Literacy Council Of Greater Waukesha 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 Greater Waukesha
Literacy Council Of Greater Waukesha (EIN: 391649950) is a nonprofit organization based in Waukesha, WI. The organization reported total revenue of $110K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Literacy Council Of Greater Waukesha's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Literacy Council Of Greater Waukesha is a small nonprofit that has been operating for 35 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $100K |
| Surplus / Deficit | +$502 |
| Total Assets | $25K |
| Total Liabilities | $362 |
| Net Assets | $25K |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 3.0 months |
Financial Health Grade: A
In 2018, Literacy Council Of Greater Waukesha reported a surplus of $502 with revenue exceeding expenses, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2018), Literacy Council Of Greater Waukesha's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -5.6% | +3.8% | -0.5% |
| 2017 | +7.6% | -9.7% | +32.7% |
| 2016 | +5.3% | +1.8% | -59.8% |
| 2015 | -26.1% | -24.6% | -22.6% |
| 2014 | -14.1% | +1.2% | -13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Literacy Council Of Greater Waukesha 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 Greater Waukesha 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $502, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Literacy Council Of Greater Waukesha
Is Literacy Council Of Greater Waukesha a legitimate charity?
Literacy Council Of Greater Waukesha (EIN: 391649950) is a registered tax-exempt nonprofit based in Wisconsin. It has 8 years of IRS 990 filings on record. Total revenue: $110K. No red flags identified. Financial health grade: A.
How does Literacy Council Of Greater Waukesha spend its money?
Literacy Council Of Greater Waukesha reported $110K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Literacy Council Of Greater Waukesha tax-deductible?
Literacy Council Of Greater Waukesha is registered as a tax-exempt nonprofit (EIN: 391649950). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Literacy Council Of Greater Waukesha located?
Literacy Council Of Greater Waukesha is headquartered in Waukesha, Wisconsin and files with the IRS under EIN 391649950.
How many years of IRS 990 filings does Literacy Council Of Greater Waukesha have?
Literacy Council Of Greater Waukesha has 8 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 $110K in total revenue.
Filing History
IRS 990 filing history for Literacy Council Of Greater Waukesha showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Literacy Council Of Greater Waukesha's revenue has declined by 13%, moving from $115K to $100K. Total assets decreased by 60.9% over the same period, from $65K to $25K. Total functional expenses fell by 6.1%, from $106K to $100K. In its most recent filing year (2018), Literacy Council Of Greater Waukesha reported a surplus of $502, with revenue exceeding expenses. The organization holds $362 in liabilities against $25K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $25K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $100K | $100K | $25K | $362 | — | View 990 |
| 2017 | $106K | $96K | $25K | $980 | — | View 990 |
| 2016 | $99K | $106K | $19K | $3K | — | View 990 |
| 2015 | $94K | $105K | $47K | $5K | — | View 990 |
| 2014 | $127K | $139K | $61K | $8K | — | View 990 |
| 2013 | $148K | $137K | $71K | $6K | — | View 990 |
| 2012 | $112K | $117K | $61K | $7K | — | View 990 |
| 2011 | $115K | $106K | $65K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $100K, expenses of $100K, and assets of $25K (revenue -5.6% year-over-year).
- 2017: Revenue of $106K, expenses of $96K, and assets of $25K (revenue +7.6% year-over-year).
- 2016: Revenue of $99K, expenses of $106K, and assets of $19K (revenue +5.3% year-over-year).
- 2015: Revenue of $94K, expenses of $105K, and assets of $47K (revenue -26.1% year-over-year).
- 2014: Revenue of $127K, expenses of $139K, and assets of $61K (revenue -14.1% year-over-year).
- 2013: Revenue of $148K, expenses of $137K, and assets of $71K (revenue +31.9% year-over-year).
- 2012: Revenue of $112K, expenses of $117K, and assets of $61K (revenue -2.9% year-over-year).
- 2011: Revenue of $115K, expenses of $106K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Literacy Council Of Greater Waukesha:
Data Sources and Methodology
This transparency report for Literacy Council Of Greater Waukesha 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.