Reading Village
Reading Village shows consistent operations and asset growth, with no reported officer compensation, but recent data is incomplete.
EIN: 208520265 · Boulder, CO · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $301K |
| Program Spending | 75% |
| Net Assets | $211K |
| Transparency Score | 70/100 |
Is Reading Village Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reading Village directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reading Village
Reading Village (EIN: 208520265) is a nonprofit organization based in Boulder, CO. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reading Village's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reading Village is a small nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 22.7%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $264K |
| Total Expenses | $301K |
| Surplus / Deficit | $-37,575 |
| Total Assets | $213K |
| Total Liabilities | $2K |
| Net Assets | $211K |
| Operating Margin | -14.2% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 8.5 months |
Financial Health Grade: B
In 2017, Reading Village reported a deficit of $38K with expenses exceeding revenue, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), Reading Village's revenue has grown at a compound annual growth rate (CAGR) of 22.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -17.2% | +1.7% | -17.4% |
| 2016 | -7.8% | +21.3% | +10.6% |
| 2015 | +75.2% | +21.8% | +74.3% |
| 2014 | -10.0% | +30.3% | +13.5% |
| 2013 | +105.9% | +41.5% | +137.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Reading Village with a Mission Score of 70 out of 100 (Good). 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, Reading Village 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, indicating that the organization is likely volunteer-led at the executive level or operates with extremely low overhead for leadership, which is commendable for a nonprofit of its size.
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 Reading Village's IRS 990 filings:
- Latest reported revenue and assets are $0, contradicting historical financial health.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Strengths
The following positive indicators were identified for Reading Village:
- Consistent IRS 990 filing history demonstrates transparency.
- No reported officer compensation, indicating efficient use of funds at the leadership level.
- Positive net assets and asset growth over several years (e.g., from $55,502 in 2011 to $213,217 in 2017).
- Maintained operations and revenue generation over a decade.
Frequently Asked Questions about Reading Village
Is Reading Village a legitimate charity?
Reading Village (EIN: 208520265) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 70/100. It has 7 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Reading Village spend its money?
Reading Village directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Reading Village tax-deductible?
Reading Village is registered as a tax-exempt nonprofit (EIN: 208520265). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Reading Village's spending goes to programs?
Reading Village directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Reading Village located?
Reading Village is headquartered in Boulder, Colorado and files with the IRS under EIN 208520265.
How many years of IRS 990 filings does Reading Village have?
Reading Village 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.
What is the detailed breakdown of program, administrative, and fundraising expenses for Reading Village?
The provided IRS 990 data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to assess spending efficiency precisely. Further investigation into the full 990 forms would be required.
Why does the latest revenue and assets show $0, contradicting historical trends?
The provided data shows 'Latest Revenue: $0' and 'Assets: $0', which is a significant departure from the historical filing data. This could indicate a data entry error, a recent cessation of operations, or a change in reporting not fully captured. Clarification is needed to understand this discrepancy.
How does Reading Village sustain operations without officer compensation?
The absence of reported officer compensation suggests that key leadership roles are either filled by volunteers or compensated through other means not classified as officer compensation, allowing more funds to potentially be directed towards programs.
What are the specific programs Reading Village implements?
The provided financial data does not detail the specific programs or activities of Reading Village. To understand their mission impact, one would need to consult their website or the program service accomplishments section of their full IRS 990 forms.
Filing History
IRS 990 filing history for Reading Village showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Reading Village's revenue has grown by 241.2%, moving from $77K to $264K. Total assets increased by 284.2% over the same period, from $56K to $213K. Total functional expenses rose by 196.9%, from $102K to $301K. In its most recent filing year (2017), Reading Village reported a deficit of $38K, with expenses exceeding revenue. The organization holds $2K in liabilities against $213K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $211K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $264K | $301K | $213K | $2K | — | View 990 |
| 2016 | $319K | $296K | $258K | $10K | — | View 990 |
| 2015 | $346K | $244K | $233K | $6K | — | View 990 |
| 2014 | $197K | $201K | $134K | $5K | — | View 990 |
| 2013 | $219K | $154K | $118K | $4K | — | View 990 |
| 2012 | $106K | $109K | $50K | $1K | — | View 990 |
| 2011 | $77K | $102K | $56K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $264K, expenses of $301K, and assets of $213K (revenue -17.2% year-over-year).
- 2016: Revenue of $319K, expenses of $296K, and assets of $258K (revenue -7.8% year-over-year).
- 2015: Revenue of $346K, expenses of $244K, and assets of $233K (revenue +75.2% year-over-year).
- 2014: Revenue of $197K, expenses of $201K, and assets of $134K (revenue -10.0% year-over-year).
- 2013: Revenue of $219K, expenses of $154K, and assets of $118K (revenue +105.9% year-over-year).
- 2012: Revenue of $106K, expenses of $109K, and assets of $50K (revenue +37.6% year-over-year).
- 2011: Revenue of $77K, expenses of $102K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reading Village:
Data Sources and Methodology
This transparency report for Reading Village 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.