Quick charity verification for Learning In Retirement Inc (EIN: 20553205)
Verdict: Learning In Retirement Inc appears trustworthy
90/100Mission Score
$200KRevenue
$147KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the last two reported periods (202306 and 202206), indicating deficit spending.
Strengths
Consistent 0% officer compensation across all filings, indicating efficient use of funds.
Strong program focus, with a high estimated percentage of spending directed to programs.
Healthy asset base relative to annual revenue, providing some financial cushion.
Consistent IRS 990 filing history, demonstrating transparency and compliance.
Spending Breakdown
How Learning In Retirement Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Learning In Retirement Inc
Is Learning In Retirement Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Learning In Retirement Inc (EIN: 20553205) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Learning In Retirement Inc a good charity to donate to?
Learning In Retirement Inc has a Mission Score of 90/100. Revenue: $200K. Assets: $147K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Learning In Retirement Inc?
The Employer Identification Number (EIN) for Learning In Retirement Inc is 20553205. 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 Learning In Retirement Inc spend its money?
Learning In Retirement Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Learning In Retirement Inc's tax-exempt status?
You can verify Learning In Retirement Inc's tax-exempt status using EIN 20553205 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
Learning In Retirement Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. Over the past several years, the organization has maintained a healthy asset base relative to its annual revenue, with assets of $146,604 against latest revenue of $200,151. The organization's financial health appears stable, though it has experienced some fluctuations in revenue and expenses, with expenses exceeding revenue in the last two reported periods (e.g., $203,821 expenses vs. $191,539 revenue in 202306). This indicates a slight deficit spending in recent years, which could draw down reserves if it continues.
Spending efficiency is strong, with a significant majority of expenses directed towards programs. The consistent reporting of 0% officer compensation across all filings is a notable strength, indicating that leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which enhances donor confidence. The organization's transparency is high, given its consistent filing of IRS Form 990s and the clear indication of no paid executive compensation.
While the organization's liabilities have fluctuated, they remain manageable relative to its assets (e.g., $39,292 liabilities vs. $148,963 assets in 202306). The overall financial picture suggests a well-managed, mission-focused organization, albeit one that should monitor its recent trend of expenses slightly exceeding revenue to ensure long-term sustainability.