Oklahoma City Metro Literacy Coalition
EIN: 640951813 · Oklahoma City, OK · NTEE: B60
| Metric | Value |
|---|---|
| Total Revenue | $58K |
| Total Expenses | $55K |
| Net Assets | $61K |
Is Oklahoma City Metro Literacy Coalition Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oklahoma City Metro Literacy Coalition
Oklahoma City Metro Literacy Coalition (EIN: 640951813) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code B60. The organization reported total revenue of $58K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oklahoma City Metro Literacy Coalition's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oklahoma City Metro Literacy Coalition is a micro nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2018–2024). Revenue has grown at a compound annual rate of -9.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $55K |
| Surplus / Deficit | $-14,012 |
| Total Assets | $61K |
| Net Assets | $61K |
| Operating Margin | -34.3% |
| Months of Reserves | 13.4 months |
Financial Health Grade: B
In 2024, Oklahoma City Metro Literacy Coalition reported a deficit of $14K with expenses exceeding revenue, holds 13.4 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2018–2024), Oklahoma City Metro Literacy Coalition's revenue has declined at a compound annual growth rate (CAGR) of -9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -14.3% | +35.8% | -18.6% |
| 2023 | +49.2% | -19.6% | +10.7% |
| 2022 | -17.8% | +6.3% | -21.2% |
| 2021 | -22.6% | -4.8% | -8.9% |
| 2020 | -39.6% | -19.5% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oklahoma City Metro Literacy Coalition 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 Oklahoma City Metro Literacy Coalition 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 $14K, with expenses exceeding revenue.
Frequently Asked Questions about Oklahoma City Metro Literacy Coalition
Is Oklahoma City Metro Literacy Coalition a legitimate charity?
Based on AI analysis of IRS 990 filings, Oklahoma City Metro Literacy Coalition (EIN: 640951813) insufficient data. 0 red flags identified, 0 strengths noted.
How does Oklahoma City Metro Literacy Coalition spend its money?
Detailed spending breakdown data is not yet available for Oklahoma City Metro Literacy Coalition. Check back for updated IRS 990 analysis.
Are donations to Oklahoma City Metro Literacy Coalition tax-deductible?
Oklahoma City Metro Literacy Coalition is registered as a tax-exempt nonprofit (EIN: 640951813). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oklahoma City Metro Literacy Coalition located?
Oklahoma City Metro Literacy Coalition is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 640951813. It is classified under NTEE code B60.
How many years of IRS 990 filings does Oklahoma City Metro Literacy Coalition have?
Oklahoma City Metro Literacy Coalition has 7 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 $58K in total revenue.
Filing History
IRS 990 filing history for Oklahoma City Metro Literacy Coalition showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2018–2024), Oklahoma City Metro Literacy Coalition's revenue has declined by 43.1%, moving from $72K to $41K. Total assets decreased by 15.1% over the same period, from $72K to $61K. Total functional expenses fell by 6.1%, from $58K to $55K. In its most recent filing year (2024), Oklahoma City Metro Literacy Coalition reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $41K | $55K | $61K | $0 | — | — |
| 2023 | $48K | $40K | $75K | $0 | — | View 990 |
| 2022 | $32K | $50K | $68K | $0 | — | — |
| 2021 | $39K | $47K | $86K | $0 | — | — |
| 2020 | $50K | $50K | $95K | $0 | — | — |
| 2019 | $83K | $62K | $94K | $0 | — | View 990 |
| 2018 | $72K | $58K | $72K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $41K, expenses of $55K, and assets of $61K (revenue -14.3% year-over-year).
- 2023: Revenue of $48K, expenses of $40K, and assets of $75K (revenue +49.2% year-over-year).
- 2022: Revenue of $32K, expenses of $50K, and assets of $68K (revenue -17.8% year-over-year).
- 2021: Revenue of $39K, expenses of $47K, and assets of $86K (revenue -22.6% year-over-year).
- 2020: Revenue of $50K, expenses of $50K, and assets of $95K (revenue -39.6% year-over-year).
- 2019: Revenue of $83K, expenses of $62K, and assets of $94K (revenue +15.8% year-over-year).
- 2018: Revenue of $72K, expenses of $58K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oklahoma City Metro Literacy Coalition:
Data Sources and Methodology
This transparency report for Oklahoma City Metro Literacy Coalition 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.