Making Books Sing Inc
Making Books Sing Inc. shows consistent revenue growth and zero officer compensation over a decade.
EIN: 134201577 · New York, NY · NTEE: A25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $7K |
| Transparency Score | 92/100 |
Is Making Books Sing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Making Books Sing Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Making Books Sing Inc
Making Books Sing Inc (EIN: 134201577) is a nonprofit organization based in New York, NY, classified under NTEE code A25. The organization reported total revenue of $2.2M and total assets of $336K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Making Books Sing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Making Books Sing Inc is a mid-size nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-111,893 |
| Total Assets | $317K |
| Total Liabilities | $309K |
| Net Assets | $7K |
| Operating Margin | -6.2% |
| Debt-to-Asset Ratio | 97.7% |
| Months of Reserves | 2.0 months |
Financial Health Grade: D
In 2023, Making Books Sing Inc reported a deficit of $112K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 97.7% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Making Books Sing Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.1% | +34.1% | +6.5% |
| 2022 | +20.4% | +28.0% | -39.1% |
| 2021 | -5.6% | -8.0% | +2.3% |
| 2020 | +7.2% | +6.6% | +60.1% |
| 2019 | +1.5% | +10.2% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
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 Making Books Sing Inc 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, Making Books Sing Inc 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 deficit of $112K, with expenses exceeding revenue.
- Debt-to-asset ratio: 97.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly unusual for an organization with over $1 million in annual revenue and suggests a strong commitment to program spending.
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 Making Books Sing Inc's IRS 990 filings:
- Liabilities occasionally exceed assets (e.g., 2017: Assets=$203,047, Liabilities=$359,464; 2018: Assets=$286,142, Liabilities=$320,152), which could indicate short-term liquidity challenges.
Strengths
The following positive indicators were identified for Making Books Sing Inc:
- Consistent revenue growth over a decade, from $611,721 in 2014 to $1,798,417 in 2023.
- Zero officer compensation reported across all 12 filings, indicating high efficiency and dedication of funds to mission.
- Expenses generally align closely with revenue, suggesting prudent financial management.
- Positive asset growth over the long term, from $135,987 in 2014 to $316,578 in 2023.
Frequently Asked Questions about Making Books Sing Inc
Is Making Books Sing Inc a legitimate charity?
Making Books Sing Inc (EIN: 134201577) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.2M. 1 red flag identified. 4 strengths noted. Financial health grade: D.
How does Making Books Sing Inc spend its money?
Making Books Sing Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Making Books Sing Inc tax-deductible?
Making Books Sing Inc is registered as a tax-exempt nonprofit (EIN: 134201577). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Making Books Sing Inc CEO make?
Making Books Sing Inc's highest-compensated officer earns $1 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Making Books Sing Inc's spending goes to programs?
Making Books Sing Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Making Books Sing Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Making Books Sing Inc is above average for NTEE category A25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Making Books Sing Inc located?
Making Books Sing Inc is headquartered in New York, New York and files with the IRS under EIN 134201577. It is classified under NTEE code A25.
How many years of IRS 990 filings does Making Books Sing Inc have?
Making Books Sing Inc has 12 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 $2.2M in total revenue.
Is Making Books Sing Inc. a good charity?
Based on the available IRS 990 data, Making Books Sing Inc. appears to be a very good charity. It demonstrates consistent revenue growth, operates efficiently with expenses closely matching revenue, and most notably, reports 0% officer compensation across all filings, indicating a strong dedication of funds to its mission.
How has Making Books Sing Inc.'s revenue grown over time?
Making Books Sing Inc. has shown significant revenue growth, increasing from $611,721 in 2014 to $1,798,417 in 2023, representing an almost threefold increase over the decade.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, which is an exceptional level of transparency and suggests that leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, allowing more funds to be directed to programs.
Filing History
IRS 990 filing history for Making Books Sing Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Making Books Sing Inc's revenue has grown by 169%, moving from $669K to $1.8M. Total assets increased by 141.2% over the same period, from $131K to $317K. Total functional expenses rose by 190.4%, from $658K to $1.9M. In its most recent filing year (2023), Making Books Sing Inc reported a deficit of $112K, with expenses exceeding revenue. The organization holds $309K in liabilities against $317K in assets (debt-to-asset ratio: 97.7%), resulting in net assets of $7K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $317K | $309K | — | — |
| 2022 | $1.4M | $1.4M | $297K | $178K | — | View 990 |
| 2021 | $1.2M | $1.1M | $488K | $371K | — | View 990 |
| 2020 | $1.3M | $1.2M | $477K | $432K | — | View 990 |
| 2019 | $1.2M | $1.1M | $298K | $297K | — | View 990 |
| 2018 | $1.2M | $1.0M | $286K | $320K | — | View 990 |
| 2017 | $875K | $947K | $203K | $359K | — | View 990 |
| 2016 | $927K | $908K | $243K | $328K | — | View 990 |
| 2015 | $830K | $827K | $230K | $334K | — | View 990 |
| 2014 | $612K | $598K | $136K | $244K | — | View 990 |
| 2013 | $695K | $783K | $96K | $218K | — | View 990 |
| 2012 | $669K | $658K | $131K | $165K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $317K (revenue +26.1% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $297K (revenue +20.4% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $488K (revenue -5.6% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $477K (revenue +7.2% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $298K (revenue +1.5% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.0M, and assets of $286K (revenue +31.7% year-over-year).
- 2017: Revenue of $875K, expenses of $947K, and assets of $203K (revenue -5.6% year-over-year).
- 2016: Revenue of $927K, expenses of $908K, and assets of $243K (revenue +11.7% year-over-year).
- 2015: Revenue of $830K, expenses of $827K, and assets of $230K (revenue +35.7% year-over-year).
- 2014: Revenue of $612K, expenses of $598K, and assets of $136K (revenue -11.9% year-over-year).
- 2013: Revenue of $695K, expenses of $783K, and assets of $96K (revenue +3.9% year-over-year).
- 2012: Revenue of $669K, expenses of $658K, and assets of $131K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Making Books Sing Inc:
Data Sources and Methodology
This transparency report for Making Books Sing Inc 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.