Start The Adventure In Reading Stair Annapolis
EIN: 464769978 · Annapolis, MD · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $511K |
| Total Expenses | $305K |
| Net Assets | $322K |
Is Start The Adventure In Reading Stair Annapolis Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Start The Adventure In Reading Stair Annapolis
Start The Adventure In Reading Stair Annapolis (EIN: 464769978) is a nonprofit organization based in Annapolis, MD, classified under NTEE code B90. The organization reported total revenue of $511K and total assets of $432K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Start The Adventure In Reading Stair Annapolis's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Start The Adventure In Reading Stair Annapolis is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 29.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $371K |
| Total Expenses | $305K |
| Surplus / Deficit | +$66K |
| Total Assets | $327K |
| Total Liabilities | $5K |
| Net Assets | $322K |
| Operating Margin | 17.9% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2023, Start The Adventure In Reading Stair Annapolis reported a surplus of $66K with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Start The Adventure In Reading Stair Annapolis's revenue has grown at a compound annual growth rate (CAGR) of 29.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.0% | +52.8% | +15.9% |
| 2022 | +24.6% | +0.1% | +54.6% |
| 2021 | +2.4% | +36.4% | +12.0% |
| 2020 | +75.7% | +32.2% | +70.9% |
| 2019 | +7.4% | +34.0% | +13.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Start The Adventure In Reading Stair Annapolis 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 Start The Adventure In Reading Stair Annapolis 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 $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Start The Adventure In Reading Stair Annapolis
Is Start The Adventure In Reading Stair Annapolis a legitimate charity?
Start The Adventure In Reading Stair Annapolis (EIN: 464769978) is a registered tax-exempt nonprofit based in Maryland. It has 8 years of IRS 990 filings on record. Total revenue: $511K. No red flags identified. Financial health grade: A.
How does Start The Adventure In Reading Stair Annapolis spend its money?
Start The Adventure In Reading Stair Annapolis reported $511K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Start The Adventure In Reading Stair Annapolis tax-deductible?
Start The Adventure In Reading Stair Annapolis is registered as a tax-exempt nonprofit (EIN: 464769978). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Start The Adventure In Reading Stair Annapolis located?
Start The Adventure In Reading Stair Annapolis is headquartered in Annapolis, Maryland and files with the IRS under EIN 464769978. It is classified under NTEE code B90.
How many years of IRS 990 filings does Start The Adventure In Reading Stair Annapolis have?
Start The Adventure In Reading Stair Annapolis has 8 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 $511K in total revenue.
Filing History
IRS 990 filing history for Start The Adventure In Reading Stair Annapolis showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Start The Adventure In Reading Stair Annapolis's revenue has grown by 498.6%, moving from $62K to $371K. Total assets increased by 559% over the same period, from $50K to $327K. Total functional expenses rose by 613.1%, from $43K to $305K. In its most recent filing year (2023), Start The Adventure In Reading Stair Annapolis reported a surplus of $66K, with revenue exceeding expenses. The organization holds $5K in liabilities against $327K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $322K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $371K | $305K | $327K | $5K | — | View 990 |
| 2022 | $273K | $199K | $283K | $26K | — | View 990 |
| 2021 | $219K | $199K | $183K | $0 | — | — |
| 2020 | $214K | $146K | $163K | $0 | — | View 990 |
| 2019 | $122K | $110K | $95K | $0 | — | View 990 |
| 2018 | $113K | $82K | $84K | $0 | — | View 990 |
| 2017 | $87K | $83K | $53K | $0 | — | View 990 |
| 2016 | $62K | $43K | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $371K, expenses of $305K, and assets of $327K (revenue +36.0% year-over-year).
- 2022: Revenue of $273K, expenses of $199K, and assets of $283K (revenue +24.6% year-over-year).
- 2021: Revenue of $219K, expenses of $199K, and assets of $183K (revenue +2.4% year-over-year).
- 2020: Revenue of $214K, expenses of $146K, and assets of $163K (revenue +75.7% year-over-year).
- 2019: Revenue of $122K, expenses of $110K, and assets of $95K (revenue +7.4% year-over-year).
- 2018: Revenue of $113K, expenses of $82K, and assets of $84K (revenue +29.9% year-over-year).
- 2017: Revenue of $87K, expenses of $83K, and assets of $53K (revenue +40.7% year-over-year).
- 2016: Revenue of $62K, expenses of $43K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Start The Adventure In Reading Stair Annapolis:
Data Sources and Methodology
This transparency report for Start The Adventure In Reading Stair Annapolis 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.