Literary And Prologue Society Of The Southwest
Literary And Prologue Society Of The Southwest shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 202868229 · Chandler, AZ · NTEE: A25 · Updated: 2026-03-28
Is Literary And Prologue Society Of The Southwest Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Literary And Prologue Society Of The Southwest directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Literary And Prologue Society Of The Southwest
Literary And Prologue Society Of The Southwest (EIN: 202868229) is a nonprofit organization based in Chandler, AZ, classified under NTEE code A25. The organization reported total revenue of $946K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Literary And Prologue Society Of The Southwest's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Literary And Prologue Society Of The Southwest is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $709K |
| Total Expenses | $460K |
| Surplus / Deficit | +$250K |
| Total Assets | $649K |
| Total Liabilities | $1K |
| Net Assets | $648K |
| Operating Margin | 35.2% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 16.9 months |
Financial Health Grade: A
In 2023, Literary And Prologue Society Of The Southwest reported a surplus of $250K with revenue exceeding expenses, holds 16.9 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), Literary And Prologue Society Of The Southwest's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.4% | +6.0% | +63.1% |
| 2022 | +21.6% | +175.6% | -1.0% |
| 2021 | -6.4% | -45.9% | +94.5% |
| 2020 | +4.6% | -16.8% | +71.0% |
| 2019 | +4.4% | +4.1% | +9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Literary And Prologue Society Of The Southwest with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Literary And Prologue Society Of The Southwest allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $250K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly favorable for directing resources to the mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Literary And Prologue Society Of The Southwest's IRS 990 filings:
- Increase in liabilities to $1,204 in 202306 after years of $0 liabilities, though still a small amount.
Strengths
The following positive indicators were identified for Literary And Prologue Society Of The Southwest:
- Consistent revenue growth over the past decade, from $256,532 in 2014 to $709,428 in 2023.
- Significant asset accumulation, growing from $10,549 in 2014 to $1,379,309 currently.
- 0% reported officer compensation across all filings, indicating high efficiency in directing funds to programs.
- Expenses generally kept below revenue, leading to healthy surpluses and asset building.
- Consistent filing of IRS Form 990s for 13 periods, demonstrating transparency and compliance.
Frequently Asked Questions about Literary And Prologue Society Of The Southwest
Is Literary And Prologue Society Of The Southwest a legitimate charity?
Based on AI analysis of IRS 990 filings, Literary And Prologue Society Of The Southwest (EIN: 202868229) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Literary And Prologue Society Of The Southwest spend its money?
Literary And Prologue Society Of The Southwest directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Literary And Prologue Society Of The Southwest tax-deductible?
Literary And Prologue Society Of The Southwest is registered as a tax-exempt nonprofit (EIN: 202868229). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Literary And Prologue Society Of The Southwest a good charity?
Based on the available financial data, the Literary And Prologue Society Of The Southwest appears to be a good charity. It demonstrates strong financial growth, consistent surpluses in most years, significant asset accumulation, and a notable commitment to its mission by reporting 0% officer compensation.
How has the organization's revenue grown over time?
The organization has experienced significant revenue growth, increasing from $256,532 in 2014 to $709,428 in 2023, and a latest reported revenue of $945,714, indicating a strong upward trend.
What is the trend in the organization's assets?
Assets have grown substantially from $10,549 in 2014 to $648,885 in 2023, and a latest reported $1,379,309, reflecting healthy financial management and accumulation of resources.
Are there any concerns regarding liabilities?
While liabilities were mostly $0 in previous years, the 202306 filing shows liabilities of $1,204. Although this is a small amount relative to assets, it's a new development that warrants monitoring.
Filing History
IRS 990 filing history for Literary And Prologue Society Of The Southwest showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Literary And Prologue Society Of The Southwest's revenue has grown by 213%, moving from $227K to $709K. Total assets increased by 7056.6% over the same period, from $9K to $649K. Total functional expenses rose by 102%, from $227K to $460K. In its most recent filing year (2023), Literary And Prologue Society Of The Southwest reported a surplus of $250K, with revenue exceeding expenses. The organization holds $1K in liabilities against $649K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $648K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $709K | $460K | $649K | $1K | — | View 990 |
| 2022 | $429K | $434K | $398K | $0 | — | View 990 |
| 2021 | $353K | $157K | $402K | $0 | — | View 990 |
| 2020 | $377K | $291K | $207K | $0 | — | View 990 |
| 2019 | $360K | $349K | $121K | $0 | — | View 990 |
| 2018 | $345K | $336K | $110K | $0 | — | View 990 |
| 2017 | $340K | $309K | $101K | $0 | — | View 990 |
| 2016 | $332K | $314K | $70K | $0 | — | View 990 |
| 2015 | $294K | $252K | $53K | $0 | — | View 990 |
| 2014 | $257K | $274K | $11K | $1 | — | View 990 |
| 2013 | $254K | $246K | $28K | $0 | — | View 990 |
| 2012 | $219K | $208K | $20K | $0 | — | View 990 |
| 2011 | $227K | $227K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $709K, expenses of $460K, and assets of $649K (revenue +65.4% year-over-year).
- 2022: Revenue of $429K, expenses of $434K, and assets of $398K (revenue +21.6% year-over-year).
- 2021: Revenue of $353K, expenses of $157K, and assets of $402K (revenue -6.4% year-over-year).
- 2020: Revenue of $377K, expenses of $291K, and assets of $207K (revenue +4.6% year-over-year).
- 2019: Revenue of $360K, expenses of $349K, and assets of $121K (revenue +4.4% year-over-year).
- 2018: Revenue of $345K, expenses of $336K, and assets of $110K (revenue +1.5% year-over-year).
- 2017: Revenue of $340K, expenses of $309K, and assets of $101K (revenue +2.4% year-over-year).
- 2016: Revenue of $332K, expenses of $314K, and assets of $70K (revenue +12.7% year-over-year).
- 2015: Revenue of $294K, expenses of $252K, and assets of $53K (revenue +14.7% year-over-year).
- 2014: Revenue of $257K, expenses of $274K, and assets of $11K (revenue +1.0% year-over-year).
- 2013: Revenue of $254K, expenses of $246K, and assets of $28K (revenue +16.3% year-over-year).
- 2012: Revenue of $219K, expenses of $208K, and assets of $20K (revenue -3.6% year-over-year).
- 2011: Revenue of $227K, expenses of $227K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Literary And Prologue Society Of The Southwest:
Data Sources and Methodology
This transparency report for Literary And Prologue Society Of The Southwest 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.