The Woman's Literary Union
The Woman's Literary Union reports $0 in latest revenue and assets, indicating potential cessation of operations after years of deficit spending.
EIN: 10220139 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $347K |
| Net Assets | $145K |
| Transparency Score | 10/100 |
Is The Woman's Literary Union Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Woman's Literary Union
The Woman's Literary Union (EIN: 10220139) is a nonprofit organization based in Portland, ME. 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 The Woman's Literary Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Woman's Literary Union is a small nonprofit, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $134K |
| Total Expenses | $347K |
| Surplus / Deficit | $-212,788 |
| Total Assets | $145K |
| Total Liabilities | $1 |
| Net Assets | $145K |
| Operating Margin | -158.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2015, The Woman's Literary Union reported a deficit of $213K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2012–2015), The Woman's Literary Union's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -46.9% | -21.7% | -64.7% |
| 2014 | +151.9% | +313.7% | -42.8% |
| 2013 | -0.6% | +10.4% | +10.0% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Woman's Literary Union with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, The Woman's Literary Union allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $213K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation was reported as 0% across all available filings, suggesting that the organization's leadership was entirely volunteer-based and did not receive salaries from the organization.
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 The Woman's Literary Union's IRS 990 filings:
- Reported $0 in latest revenue and assets, indicating potential insolvency or cessation of operations.
- Consistent deficit spending in recent active years (e.g., 2015 expenses of $346,858 far exceeded revenue of $134,070).
- Significant decline in assets from $717,987 in 2013 to $0 currently.
Strengths
The following positive indicators were identified for The Woman's Literary Union:
- No officer compensation reported, indicating volunteer leadership.
Frequently Asked Questions about The Woman's Literary Union
Is The Woman's Literary Union a legitimate charity?
The Woman's Literary Union (EIN: 10220139) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 10/100. It has 4 years of IRS 990 filings on record. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does The Woman's Literary Union spend its money?
The Woman's Literary Union reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Woman's Literary Union tax-deductible?
The Woman's Literary Union is registered as a tax-exempt nonprofit (EIN: 10220139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Woman's Literary Union located?
The Woman's Literary Union is headquartered in Portland, Maine and files with the IRS under EIN 10220139.
How many years of IRS 990 filings does The Woman's Literary Union have?
The Woman's Literary Union has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is The Woman's Literary Union still operational?
The latest IRS 990 data showing $0 in revenue and assets strongly suggests the organization is no longer actively operational or has ceased significant financial activity.
What caused the significant decline in assets from $717,987 in 2013 to $0 currently?
The decline in assets is primarily due to expenses consistently exceeding revenue in the years leading up to the current $0 status. For example, in 2015, expenses were $346,858 against revenue of $134,070, and in 2014, expenses were $443,125 against revenue of $252,453.
Did the organization have a sustainable financial model?
Based on the historical data, the organization did not have a sustainable financial model, as evidenced by significant deficit spending in its later active years (2014-2015) which led to a depletion of assets.
Filing History
IRS 990 filing history for The Woman's Literary Union showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), The Woman's Literary Union's revenue has grown by 33%, moving from $101K to $134K. Total assets decreased by 77.8% over the same period, from $653K to $145K. Total functional expenses rose by 257.4%, from $97K to $347K. In its most recent filing year (2015), The Woman's Literary Union reported a deficit of $213K, with expenses exceeding revenue. The organization holds $1 in liabilities against $145K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $145K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $134K | $347K | $145K | $1 | — | View 990 |
| 2014 | $252K | $443K | $410K | $1K | — | View 990 |
| 2013 | $100K | $107K | $718K | $1 | — | View 990 |
| 2012 | $101K | $97K | $653K | $528 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $134K, expenses of $347K, and assets of $145K (revenue -46.9% year-over-year).
- 2014: Revenue of $252K, expenses of $443K, and assets of $410K (revenue +151.9% year-over-year).
- 2013: Revenue of $100K, expenses of $107K, and assets of $718K (revenue -0.6% year-over-year).
- 2012: Revenue of $101K, expenses of $97K, and assets of $653K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Woman's Literary Union:
Data Sources and Methodology
This transparency report for The Woman's Literary Union 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.