Read And Write Kalamazoo
EIN: 475372831 · Kalamazoo, MI · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $488K |
| Total Expenses | $382K |
| Net Assets | $1.9M |
Is Read And Write Kalamazoo Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Read And Write Kalamazoo
Read And Write Kalamazoo (EIN: 475372831) is a nonprofit organization based in Kalamazoo, MI, classified under NTEE code B90. The organization reported total revenue of $488K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Read And Write Kalamazoo's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Read And Write Kalamazoo is a small nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 45.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $382K |
| Surplus / Deficit | +$1.2M |
| Total Assets | $2.0M |
| Total Liabilities | $85K |
| Net Assets | $1.9M |
| Operating Margin | 76.2% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 63.7 months |
Financial Health Grade: A
In 2023, Read And Write Kalamazoo reported a surplus of $1.2M with revenue exceeding expenses, holds 63.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Read And Write Kalamazoo's revenue has grown at a compound annual growth rate (CAGR) of 45.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +382.2% | +65.1% | +363.8% |
| 2022 | +1.9% | +25.5% | +30.7% |
| 2021 | +24.7% | +2.2% | +55.1% |
| 2020 | +62.6% | +46.3% | +87.8% |
| 2019 | -34.2% | -35.2% | +58.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Read And Write Kalamazoo 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 Read And Write Kalamazoo 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.2%.
Frequently Asked Questions about Read And Write Kalamazoo
Is Read And Write Kalamazoo a legitimate charity?
Read And Write Kalamazoo (EIN: 475372831) is a registered tax-exempt nonprofit based in Michigan. It has 6 years of IRS 990 filings on record. Total revenue: $488K. No red flags identified. Financial health grade: A.
How does Read And Write Kalamazoo spend its money?
Read And Write Kalamazoo reported $488K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Read And Write Kalamazoo tax-deductible?
Read And Write Kalamazoo is registered as a tax-exempt nonprofit (EIN: 475372831). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Read And Write Kalamazoo located?
Read And Write Kalamazoo is headquartered in Kalamazoo, Michigan and files with the IRS under EIN 475372831. It is classified under NTEE code B90.
How many years of IRS 990 filings does Read And Write Kalamazoo have?
Read And Write Kalamazoo has 6 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 $488K in total revenue.
Filing History
IRS 990 filing history for Read And Write Kalamazoo showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Read And Write Kalamazoo's revenue has grown by 555.5%, moving from $245K to $1.6M. Total assets increased by 2705.1% over the same period, from $72K to $2.0M. Total functional expenses rose by 100.8%, from $190K to $382K. In its most recent filing year (2023), Read And Write Kalamazoo reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $85K in liabilities against $2.0M in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $382K | $2.0M | $85K | — | View 990 |
| 2022 | $333K | $231K | $437K | $1K | — | View 990 |
| 2021 | $327K | $184K | $335K | $165 | — | — |
| 2020 | $262K | $180K | $216K | $24K | — | View 990 |
| 2019 | $161K | $123K | $115K | $5K | — | View 990 |
| 2018 | $245K | $190K | $72K | $327 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $382K, and assets of $2.0M (revenue +382.2% year-over-year).
- 2022: Revenue of $333K, expenses of $231K, and assets of $437K (revenue +1.9% year-over-year).
- 2021: Revenue of $327K, expenses of $184K, and assets of $335K (revenue +24.7% year-over-year).
- 2020: Revenue of $262K, expenses of $180K, and assets of $216K (revenue +62.6% year-over-year).
- 2019: Revenue of $161K, expenses of $123K, and assets of $115K (revenue -34.2% year-over-year).
- 2018: Revenue of $245K, expenses of $190K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Read And Write Kalamazoo:
Data Sources and Methodology
This transparency report for Read And Write Kalamazoo 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.