Mighty Writers
Mighty Writers shows strong program spending and growth, but reported a deficit in 2023.
EIN: 10920922 · Philadelphia, PA · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.6M |
| Total Expenses | $8.0M |
| Program Spending | 75% |
| Net Assets | $2.8M |
| Transparency Score | 85/100 |
Is Mighty Writers Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mighty Writers directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mighty Writers
Mighty Writers (EIN: 10920922) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code B90. The organization reported total revenue of $8.6M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mighty Writers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mighty Writers is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.4M |
| Total Expenses | $8.0M |
| Surplus / Deficit | $-595,021 |
| Total Assets | $3.6M |
| Total Liabilities | $774K |
| Net Assets | $2.8M |
| Operating Margin | -8.0% |
| Debt-to-Asset Ratio | 21.7% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2023, Mighty Writers reported a deficit of $595K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 21.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mighty Writers's revenue has grown at a compound annual growth rate (CAGR) of 31.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.6% | +10.1% | -7.1% |
| 2022 | +34.4% | +54.7% | +17.6% |
| 2021 | +58.0% | +92.4% | +32.4% |
| 2020 | +89.8% | +54.5% | +123.4% |
| 2019 | +44.9% | +10.6% | +44.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Mighty Writers with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Mighty Writers allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $595K, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.7%.
Executive Compensation Analysis
Mighty Writers consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size and revenue, and suggests a volunteer-led executive structure or alternative compensation reporting.
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 Mighty Writers's IRS 990 filings:
- Reported a deficit in 2023 ($7,995,921 expenses vs. $7,400,900 revenue)
- Unusually low (0%) reported officer compensation for an organization of its size, which may warrant further investigation into executive remuneration structures.
Strengths
The following positive indicators were identified for Mighty Writers:
- Strong program spending ratio (75% in 2023)
- Significant growth in revenue and assets over the past decade (e.g., revenue from $899,727 in 2014 to $7,400,900 in 2023)
- Healthy asset-to-liability ratio ($3,572,477 assets vs. $774,335 liabilities in 2023)
- Consistent financial reporting with 13 filings.
Frequently Asked Questions about Mighty Writers
Is Mighty Writers a legitimate charity?
Based on AI analysis of IRS 990 filings, Mighty Writers (EIN: 10920922) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Mighty Writers spend its money?
Mighty Writers directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mighty Writers tax-deductible?
Mighty Writers is registered as a tax-exempt nonprofit (EIN: 10920922). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mighty Writers's spending goes to programs?
Mighty Writers directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mighty Writers compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mighty Writers is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mighty Writers located?
Mighty Writers is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 10920922. It is classified under NTEE code B90.
How many years of IRS 990 filings does Mighty Writers have?
Mighty Writers 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 $8.6M in total revenue.
Is Mighty Writers a good charity?
Based on its high program spending ratio (75% in 2023) and significant growth in revenue and assets, Mighty Writers appears to be an effective charity in delivering on its mission. The consistent reporting of 0% officer compensation also suggests a strong focus on directing funds to programs.
What caused the deficit in 2023?
In 2023, Mighty Writers reported expenses of $7,995,921 against revenues of $7,400,900, resulting in a deficit. The specific causes are not detailed in the provided data but could be due to increased program expansion, one-time capital expenditures, or a temporary dip in fundraising.
How has Mighty Writers' financial health changed over time?
Mighty Writers has experienced significant financial growth, with revenue increasing over eight-fold from $899,727 in 2014 to $7,400,900 in 2023, and assets growing from $596,565 to $3,572,477 in the same period. This indicates strong expansion and fundraising success, though the 2023 deficit is a recent shift.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly unusual for an organization of Mighty Writers' scale. It could indicate that executive leadership is entirely volunteer-based, or that compensation is structured in a way that is not reported under 'officer compensation' on the 990, such as through a related management entity. This practice, while potentially efficient, warrants further inquiry for full transparency.
Filing History
IRS 990 filing history for Mighty Writers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mighty Writers's revenue has grown by 2539.3%, moving from $280K to $7.4M. Total assets increased by 7953.9% over the same period, from $44K to $3.6M. Total functional expenses rose by 2330.7%, from $329K to $8.0M. In its most recent filing year (2023), Mighty Writers reported a deficit of $595K, with expenses exceeding revenue. The organization holds $774K in liabilities against $3.6M in assets (debt-to-asset ratio: 21.7%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.4M | $8.0M | $3.6M | $774K | — | — |
| 2022 | $7.6M | $7.3M | $3.8M | $361K | — | View 990 |
| 2021 | $5.7M | $4.7M | $3.3M | $126K | — | View 990 |
| 2020 | $3.6M | $2.4M | $2.5M | $287K | — | — |
| 2019 | $1.9M | $1.6M | $1.1M | $63K | — | View 990 |
| 2018 | $1.3M | $1.4M | $765K | $31K | — | View 990 |
| 2017 | $1.4M | $1.2M | $892K | $31K | — | View 990 |
| 2016 | $1.1M | $1.0M | $691K | $17K | — | View 990 |
| 2015 | $939K | $921K | $628K | $18K | — | View 990 |
| 2014 | $900K | $710K | $597K | $5K | — | View 990 |
| 2013 | $818K | $603K | $416K | $14K | — | View 990 |
| 2012 | $573K | $420K | $205K | $18K | — | View 990 |
| 2011 | $280K | $329K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.4M, expenses of $8.0M, and assets of $3.6M (revenue -2.6% year-over-year).
- 2022: Revenue of $7.6M, expenses of $7.3M, and assets of $3.8M (revenue +34.4% year-over-year).
- 2021: Revenue of $5.7M, expenses of $4.7M, and assets of $3.3M (revenue +58.0% year-over-year).
- 2020: Revenue of $3.6M, expenses of $2.4M, and assets of $2.5M (revenue +89.8% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.6M, and assets of $1.1M (revenue +44.9% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.4M, and assets of $765K (revenue -6.4% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.2M, and assets of $892K (revenue +29.3% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $691K (revenue +14.5% year-over-year).
- 2015: Revenue of $939K, expenses of $921K, and assets of $628K (revenue +4.4% year-over-year).
- 2014: Revenue of $900K, expenses of $710K, and assets of $597K (revenue +10.0% year-over-year).
- 2013: Revenue of $818K, expenses of $603K, and assets of $416K (revenue +42.6% year-over-year).
- 2012: Revenue of $573K, expenses of $420K, and assets of $205K (revenue +104.4% year-over-year).
- 2011: Revenue of $280K, expenses of $329K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mighty Writers:
Data Sources and Methodology
This transparency report for Mighty Writers 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.