Is Learning Through An Expanded Arts Program Inc Legit?
Quick charity verification for Learning Through An Expanded Arts Program Inc (EIN: 132925233)
Verdict: Learning Through An Expanded Arts Program Inc appears trustworthy
90/100Mission Score
$9.7MRevenue
$3.6MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated or structured, as it could indicate a lack of transparency if compensation is simply reported under other categories.
Strengths
Strong program spending, with a significant portion of expenses dedicated to mission-related activities.
Consistent revenue growth, from $9.3 million in 2019 to $11.2 million in 2023, indicating increasing support and operational capacity.
Growing asset base, reaching $4.38 million in 2023, providing financial stability.
Consistent filing of IRS 990s, demonstrating transparency and accountability.
Positive net income in most recent years (e.g., $972,878 in 2023), indicating sound financial management.
Spending Breakdown
How Learning Through An Expanded Arts Program 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 Through An Expanded Arts Program Inc
Is Learning Through An Expanded Arts Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Learning Through An Expanded Arts Program Inc (EIN: 132925233) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Learning Through An Expanded Arts Program Inc a good charity to donate to?
Learning Through An Expanded Arts Program Inc has a Mission Score of 90/100. Revenue: $9.7M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Learning Through An Expanded Arts Program Inc?
The Employer Identification Number (EIN) for Learning Through An Expanded Arts Program Inc is 132925233. 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 Through An Expanded Arts Program Inc spend its money?
Learning Through An Expanded Arts Program Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Learning Through An Expanded Arts Program Inc's tax-exempt status?
You can verify Learning Through An Expanded Arts Program Inc's tax-exempt status using EIN 132925233 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 Through An Expanded Arts Program Inc (LEAP) demonstrates consistent financial growth and strong program spending, indicating a healthy operational model. Over the past five years, revenue has generally trended upwards, from $9.3 million in 2019 to $11.2 million in 2023, with expenses closely aligned, suggesting efficient resource utilization. The organization's assets have also shown growth, reaching $4.38 million in 2023, providing a solid financial foundation.
LEAP's financial health is further bolstered by its commitment to program delivery, with a significant portion of its expenses dedicated to its core mission. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a focus on directing funds towards programmatic activities rather than executive salaries. This practice, combined with regular IRS 990 filings, reflects a high degree of financial transparency.
While the organization generally operates with a positive net income, there have been periods, such as 2019 and 2020, where expenses slightly exceeded revenue. However, these instances appear to be managed effectively, as evidenced by the subsequent return to positive net income in recent years. Overall, LEAP appears to be a financially sound and transparent organization, effectively managing its resources to achieve its mission.