Literacy Kansas City
EIN: 431435729 · Kansas City, MO
| Metric | Value |
|---|---|
| Total Revenue | $4.6M |
| Total Expenses | $3.7M |
| Net Assets | $1.9M |
Is Literacy Kansas City Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Literacy Kansas City
Literacy Kansas City (EIN: 431435729) is a nonprofit organization based in Kansas City, MO. The organization reported total revenue of $4.6M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Literacy Kansas City's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Literacy Kansas City is a mid-size nonprofit that has been operating for 39 years, with 15 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $3.7M |
| Surplus / Deficit | $-805,253 |
| Total Assets | $2.2M |
| Total Liabilities | $308K |
| Net Assets | $1.9M |
| Operating Margin | -28.0% |
| Debt-to-Asset Ratio | 14.1% |
| Months of Reserves | 7.1 months |
Financial Health Grade: B
In 2024, Literacy Kansas City reported a deficit of $805K with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 14.1% (very low leverage).
Financial Trends
Over 15 years of filings (2011–2024), Literacy Kansas City's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -31.4% | +9.1% | -28.5% |
| 2023 | +27.1% | +10.5% | +52.0% |
| 2022 | +15.9% | +8.8% | +12.6% |
| 2021 | +93.5% | +99.3% | -1.5% |
| 2020 | -18.8% | +0.9% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Literacy Kansas City 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 Kansas City 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $805K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.1%.
Frequently Asked Questions about Literacy Kansas City
Is Literacy Kansas City a legitimate charity?
Literacy Kansas City (EIN: 431435729) is a registered tax-exempt nonprofit based in Missouri. It has 15 years of IRS 990 filings on record. Total revenue: $4.6M. No red flags identified. Financial health grade: B.
How does Literacy Kansas City spend its money?
Literacy Kansas City reported $4.6M in total revenue in IRS 990 filings. 15 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Literacy Kansas City tax-deductible?
Literacy Kansas City is registered as a tax-exempt nonprofit (EIN: 431435729). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Literacy Kansas City located?
Literacy Kansas City is headquartered in Kansas City, Missouri and files with the IRS under EIN 431435729.
How many years of IRS 990 filings does Literacy Kansas City have?
Literacy Kansas City has 15 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 $4.6M in total revenue.
Filing History
IRS 990 filing history for Literacy Kansas City showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2011–2024), Literacy Kansas City's revenue has grown by 526.7%, moving from $458K to $2.9M. Total assets increased by 1745.5% over the same period, from $118K to $2.2M. Total functional expenses rose by 634.6%, from $501K to $3.7M. In its most recent filing year (2024), Literacy Kansas City reported a deficit of $805K, with expenses exceeding revenue. The organization holds $308K in liabilities against $2.2M in assets (debt-to-asset ratio: 14.1%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.9M | $3.7M | $2.2M | $308K | — | View 990 |
| 2023 | $4.2M | $3.4M | $3.1M | $384K | — | View 990 |
| 2022 | $3.3M | $3.0M | $2.0M | $161K | — | View 990 |
| 2021 | $2.8M | $2.8M | $1.8M | $182K | — | — |
| 2020 | $1.5M | $1.4M | $1.8M | $248K | — | View 990 |
| 2019 | $1.8M | $1.4M | $1.7M | $247K | — | View 990 |
| 2018 | $1.7M | $1.0M | $1.3M | $242K | — | View 990 |
| 2017 | $0 | $0 | $38K | $0 | — | View 990 |
| 2016 | $766K | $823K | $331K | $74K | — | View 990 |
| 2015 | $696K | $706K | $371K | $57K | — | View 990 |
| 2014 | $671K | $531K | $367K | $44K | — | View 990 |
| 2013 | $79K | $38K | $233K | $49K | — | View 990 |
| 2013 | $523K | $395K | $207K | $64K | — | View 990 |
| 2012 | $404K | $440K | $94K | $78K | — | View 990 |
| 2011 | $458K | $501K | $118K | $67K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.9M, expenses of $3.7M, and assets of $2.2M (revenue -31.4% year-over-year).
- 2023: Revenue of $4.2M, expenses of $3.4M, and assets of $3.1M (revenue +27.1% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.0M, and assets of $2.0M (revenue +15.9% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.8M, and assets of $1.8M (revenue +93.5% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.4M, and assets of $1.8M (revenue -18.8% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.4M, and assets of $1.7M (revenue +5.3% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.0M, and assets of $1.3M.
- 2017: Revenue of $0, expenses of $0, and assets of $38K (revenue -100.0% year-over-year).
- 2016: Revenue of $766K, expenses of $823K, and assets of $331K (revenue +10.0% year-over-year).
- 2015: Revenue of $696K, expenses of $706K, and assets of $371K (revenue +3.7% year-over-year).
- 2014: Revenue of $671K, expenses of $531K, and assets of $367K (revenue +750.5% year-over-year).
- 2013: Revenue of $79K, expenses of $38K, and assets of $233K (revenue -84.9% year-over-year).
- 2013: Revenue of $523K, expenses of $395K, and assets of $207K (revenue +29.3% year-over-year).
- 2012: Revenue of $404K, expenses of $440K, and assets of $94K (revenue -11.8% year-over-year).
- 2011: Revenue of $458K, expenses of $501K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Literacy Kansas City:
Data Sources and Methodology
This transparency report for Literacy Kansas City 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.