Raising Readers In Wyoming
Raising Readers In Wyoming experienced a deficit in 2023, but maintains a history of strong program spending and no reported officer compensation.
EIN: 203027540 · Cheyenne, WY · NTEE: B92 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $87K |
| Total Expenses | $104K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $87,152 |
| Net Assets | $47K |
| Transparency Score | 88/100 |
Is Raising Readers In Wyoming Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Raising Readers In Wyoming directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Raising Readers In Wyoming
Raising Readers In Wyoming (EIN: 203027540) is a nonprofit organization based in Cheyenne, WY, classified under NTEE code B92. The organization reported total revenue of $87K and total assets of $85K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raising Readers In Wyoming's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Raising Readers In Wyoming is a micro 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 -5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $104K |
| Surplus / Deficit | $-32,053 |
| Total Assets | $47K |
| Net Assets | $47K |
| Operating Margin | -44.3% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2023, Raising Readers In Wyoming reported a deficit of $32K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Raising Readers In Wyoming's revenue has declined at a compound annual growth rate (CAGR) of -5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.1% | +59.0% | -40.7% |
| 2022 | -51.7% | -53.7% | +12.9% |
| 2021 | +184.2% | +41.2% | +22.3% |
| 2020 | -47.8% | +0.2% | -44.7% |
| 2019 | -33.6% | -1.3% | +4.1% |
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 Raising Readers In Wyoming with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Raising Readers In Wyoming allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $32K, with expenses exceeding revenue.
Executive Compensation Analysis
Raising Readers In Wyoming reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size ($87,152 latest revenue).
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 Raising Readers In Wyoming's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($104,370 expenses vs. $72,317 revenue), leading to a decrease in assets.
Strengths
The following positive indicators were identified for Raising Readers In Wyoming:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds.
- Maintains zero liabilities across all reported periods, demonstrating strong fiscal management.
- High estimated percentage of spending directed towards program services (85%).
- Consistent filing of IRS Form 990s, indicating strong transparency.
- Maintained a positive asset balance even during periods of deficit.
Frequently Asked Questions about Raising Readers In Wyoming
Is Raising Readers In Wyoming a legitimate charity?
Based on AI analysis of IRS 990 filings, Raising Readers In Wyoming (EIN: 203027540) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Raising Readers In Wyoming spend its money?
Raising Readers In Wyoming directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Raising Readers In Wyoming tax-deductible?
Raising Readers In Wyoming is registered as a tax-exempt nonprofit (EIN: 203027540). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Raising Readers In Wyoming CEO make?
Raising Readers In Wyoming's highest-compensated officer earns $87,152 annually. The organization reported $87K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Raising Readers In Wyoming's spending goes to programs?
Raising Readers In Wyoming directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Raising Readers In Wyoming compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Raising Readers In Wyoming is above average for NTEE category B92 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Raising Readers In Wyoming located?
Raising Readers In Wyoming is headquartered in Cheyenne, Wyoming and files with the IRS under EIN 203027540. It is classified under NTEE code B92.
How many years of IRS 990 filings does Raising Readers In Wyoming have?
Raising Readers In Wyoming 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 $87K in total revenue.
Is Raising Readers In Wyoming a good charity?
Yes, Raising Readers In Wyoming appears to be a good charity. It consistently directs a high percentage of its spending to programs, reports no officer compensation, and maintains a transparent financial record with zero liabilities.
Why did assets decrease significantly in 2023?
Assets decreased from $78,789 in 2022 to $46,736 in 2023 primarily because expenses ($104,370) exceeded revenue ($72,317) in the 2023 fiscal period.
How does their program spending compare to similar organizations?
While a direct comparison to similar organizations isn't provided, the estimated 85% program spending is generally considered excellent and well above the average for many nonprofits, indicating strong efficiency.
What is the long-term financial stability of the organization?
The organization has experienced fluctuations in revenue and expenses over the years, but has consistently maintained positive assets and zero liabilities, suggesting a generally stable financial position despite occasional deficits like in 2023.
Filing History
IRS 990 filing history for Raising Readers In Wyoming showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Raising Readers In Wyoming's revenue has declined by 48.6%, moving from $141K to $72K. Total assets increased by 91.4% over the same period, from $24K to $47K. Total functional expenses fell by 27.9%, from $145K to $104K. In its most recent filing year (2023), Raising Readers In Wyoming reported a deficit of $32K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72K | $104K | $47K | $0 | — | — |
| 2022 | $75K | $66K | $79K | $0 | — | View 990 |
| 2021 | $155K | $142K | $70K | $0 | — | — |
| 2020 | $54K | $100K | $57K | $0 | — | — |
| 2019 | $104K | $100K | $103K | $0 | — | View 990 |
| 2018 | $157K | $102K | $99K | $0 | — | View 990 |
| 2017 | $121K | $100K | $45K | $0 | — | View 990 |
| 2016 | $115K | $109K | $24K | $0 | — | View 990 |
| 2015 | $44K | $123K | $18K | $0 | — | View 990 |
| 2014 | $155K | $88K | $97K | $0 | — | View 990 |
| 2013 | $117K | $129K | $30K | $0 | — | View 990 |
| 2012 | $179K | $160K | $43K | $515 | — | View 990 |
| 2011 | $141K | $145K | $24K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $72K, expenses of $104K, and assets of $47K (revenue -3.1% year-over-year).
- 2022: Revenue of $75K, expenses of $66K, and assets of $79K (revenue -51.7% year-over-year).
- 2021: Revenue of $155K, expenses of $142K, and assets of $70K (revenue +184.2% year-over-year).
- 2020: Revenue of $54K, expenses of $100K, and assets of $57K (revenue -47.8% year-over-year).
- 2019: Revenue of $104K, expenses of $100K, and assets of $103K (revenue -33.6% year-over-year).
- 2018: Revenue of $157K, expenses of $102K, and assets of $99K (revenue +29.6% year-over-year).
- 2017: Revenue of $121K, expenses of $100K, and assets of $45K (revenue +5.0% year-over-year).
- 2016: Revenue of $115K, expenses of $109K, and assets of $24K (revenue +163.1% year-over-year).
- 2015: Revenue of $44K, expenses of $123K, and assets of $18K (revenue -71.7% year-over-year).
- 2014: Revenue of $155K, expenses of $88K, and assets of $97K (revenue +32.5% year-over-year).
- 2013: Revenue of $117K, expenses of $129K, and assets of $30K (revenue -34.8% year-over-year).
- 2012: Revenue of $179K, expenses of $160K, and assets of $43K (revenue +27.5% year-over-year).
- 2011: Revenue of $141K, expenses of $145K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Raising Readers In Wyoming:
Data Sources and Methodology
This transparency report for Raising Readers In Wyoming 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.