Literacy Volunteers At Centenary
EIN: 721124343 · Shreveport, LA · NTEE: B60
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $89K |
| Net Assets | $83K |
Is Literacy Volunteers At Centenary Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Literacy Volunteers At Centenary
Literacy Volunteers At Centenary (EIN: 721124343) is a nonprofit organization based in Shreveport, LA, classified under NTEE code B60. The organization reported total revenue of $79K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Literacy Volunteers At Centenary's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Literacy Volunteers At Centenary is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $78K |
| Total Expenses | $89K |
| Surplus / Deficit | $-10,767 |
| Total Assets | $83K |
| Net Assets | $83K |
| Operating Margin | -13.8% |
| Months of Reserves | 11.2 months |
Financial Health Grade: B
In 2024, Literacy Volunteers At Centenary reported a deficit of $11K with expenses exceeding revenue, holds 11.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Literacy Volunteers At Centenary's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.8% | +29.7% | -11.6% |
| 2023 | -6.8% | -20.6% | +3.1% |
| 2022 | -4.5% | -1.9% | -10.6% |
| 2021 | -24.8% | +1.2% | -8.3% |
| 2020 | +19.9% | +12.8% | +21.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Literacy Volunteers At Centenary 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 Volunteers At Centenary 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 $11K, with expenses exceeding revenue.
Frequently Asked Questions about Literacy Volunteers At Centenary
Is Literacy Volunteers At Centenary a legitimate charity?
Literacy Volunteers At Centenary (EIN: 721124343) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $79K. No red flags identified. Financial health grade: B.
How does Literacy Volunteers At Centenary spend its money?
Literacy Volunteers At Centenary reported $79K 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 Literacy Volunteers At Centenary tax-deductible?
Literacy Volunteers At Centenary is registered as a tax-exempt nonprofit (EIN: 721124343). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Literacy Volunteers At Centenary located?
Literacy Volunteers At Centenary is headquartered in Shreveport, Louisiana and files with the IRS under EIN 721124343. It is classified under NTEE code B60.
How many years of IRS 990 filings does Literacy Volunteers At Centenary have?
Literacy Volunteers At Centenary 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 $79K in total revenue.
Filing History
IRS 990 filing history for Literacy Volunteers At Centenary showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Literacy Volunteers At Centenary's revenue has grown by 16.6%, moving from $67K to $78K. Total assets increased by 144% over the same period, from $34K to $83K. Total functional expenses rose by 1.5%, from $87K to $89K. In its most recent filing year (2024), Literacy Volunteers At Centenary reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $78K | $89K | $83K | $0 | — | — |
| 2023 | $70K | $68K | $94K | $0 | — | View 990 |
| 2022 | $75K | $86K | $91K | $0 | — | — |
| 2021 | $79K | $88K | $102K | $0 | — | — |
| 2020 | $105K | $87K | $111K | $0 | — | View 990 |
| 2019 | $87K | $77K | $91K | $0 | — | View 990 |
| 2018 | $86K | $80K | $85K | $5K | — | — |
| 2017 | $114K | $82K | $78K | $3K | — | View 990 |
| 2016 | $56K | $80K | $48K | $5K | — | View 990 |
| 2015 | $67K | $71K | $68K | $1K | — | View 990 |
| 2014 | $93K | $73K | $72K | $1K | — | View 990 |
| 2013 | $93K | $77K | $50K | $0 | — | View 990 |
| 2012 | $67K | $87K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $78K, expenses of $89K, and assets of $83K (revenue +10.8% year-over-year).
- 2023: Revenue of $70K, expenses of $68K, and assets of $94K (revenue -6.8% year-over-year).
- 2022: Revenue of $75K, expenses of $86K, and assets of $91K (revenue -4.5% year-over-year).
- 2021: Revenue of $79K, expenses of $88K, and assets of $102K (revenue -24.8% year-over-year).
- 2020: Revenue of $105K, expenses of $87K, and assets of $111K (revenue +19.9% year-over-year).
- 2019: Revenue of $87K, expenses of $77K, and assets of $91K (revenue +1.7% year-over-year).
- 2018: Revenue of $86K, expenses of $80K, and assets of $85K (revenue -24.4% year-over-year).
- 2017: Revenue of $114K, expenses of $82K, and assets of $78K (revenue +103.6% year-over-year).
- 2016: Revenue of $56K, expenses of $80K, and assets of $48K (revenue -17.2% year-over-year).
- 2015: Revenue of $67K, expenses of $71K, and assets of $68K (revenue -27.9% year-over-year).
- 2014: Revenue of $93K, expenses of $73K, and assets of $72K (revenue +0.4% year-over-year).
- 2013: Revenue of $93K, expenses of $77K, and assets of $50K (revenue +39.7% year-over-year).
- 2012: Revenue of $67K, expenses of $87K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Literacy Volunteers At Centenary:
Data Sources and Methodology
This transparency report for Literacy Volunteers At Centenary 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.