Quick charity verification for Applewood Learning Center Inc (EIN: 20433124)
Verdict: Applewood Learning Center Inc appears trustworthy
92/100Mission Score
$940KRevenue
$1.1MAssets
1Red Flags
4Strengths
Red Flags
NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
Consistent 0% officer compensation, indicating high efficiency in resource allocation.
Healthy and growing asset base, currently at $1,117,242.
Generally positive net income, with revenues often exceeding expenses.
Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How Applewood Learning Center Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Applewood Learning Center Inc
Is Applewood Learning Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Applewood Learning Center Inc (EIN: 20433124) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Applewood Learning Center Inc a good charity to donate to?
Applewood Learning Center Inc has a Mission Score of 92/100. Revenue: $940K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Applewood Learning Center Inc?
The Employer Identification Number (EIN) for Applewood Learning Center Inc is 20433124. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Applewood Learning Center Inc spend its money?
Applewood Learning Center Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Applewood Learning Center Inc's tax-exempt status?
You can verify Applewood Learning Center Inc's tax-exempt status using EIN 20433124 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Applewood Learning Center Inc demonstrates consistent financial activity, with revenues generally exceeding expenses over the past decade, contributing to a steady growth in assets. For instance, in 2022, revenue was $1,072,174 against expenses of $818,495, leading to an increase in assets to $1,115,663. The organization's liabilities have fluctuated but appear manageable relative to its asset base. A notable aspect of its financial management is the reported 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. This practice significantly enhances its transparency and efficiency profile.
While the specific breakdown of program, administrative, and fundraising expenses is not explicitly detailed in the provided summary, the absence of officer compensation is a strong indicator of efficient resource allocation. The organization has shown resilience, navigating periods where expenses briefly exceeded revenue (e.g., 2023 and 2020) without significant long-term financial distress, maintaining a healthy asset base. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to regulatory compliance and transparency.