A & K Family Learning Place Inc
A & K Family Learning Place Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 208731366 · Bowie, MD · NTEE: O20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $607K |
| Total Expenses | $511K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $697,038 |
| Net Assets | $647K |
| Transparency Score | 85/100 |
Is A & K Family Learning Place Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
A & K Family Learning Place Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About A & K Family Learning Place Inc
A & K Family Learning Place Inc (EIN: 208731366) is a nonprofit organization based in Bowie, MD, classified under NTEE code O20. The organization reported total revenue of $607K and total assets of $944K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A & K Family Learning Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A & K Family Learning Place Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $697K |
| Total Expenses | $511K |
| Surplus / Deficit | +$187K |
| Total Assets | $735K |
| Total Liabilities | $87K |
| Net Assets | $647K |
| Operating Margin | 26.8% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 17.3 months |
Financial Health Grade: A
In 2023, A & K Family Learning Place Inc reported a surplus of $187K with revenue exceeding expenses, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), A & K Family Learning Place Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.9% | +18.3% | +38.7% |
| 2022 | +192.2% | +127.7% | +107.6% |
| 2021 | +52.2% | +34.6% | +16.4% |
| 2020 | -48.9% | -39.5% | +38.8% |
| 2018 | +55.6% | +43.4% | +55.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A & K Family Learning Place Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, A & K Family Learning Place Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $187K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership may be entirely volunteer-based or compensated through non-officer categories, which is highly unusual for an organization of its growing size and revenue (reaching $697,038 in 2023).
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 A & K Family Learning Place Inc's IRS 990 filings:
- Lack of detailed breakdown for program vs. administrative vs. fundraising expenses in provided data
- Unusual 0% officer compensation for an organization with growing revenue, potentially obscuring leadership compensation if paid through other means.
Strengths
The following positive indicators were identified for A & K Family Learning Place Inc:
- Consistent and substantial revenue growth, from $108,775 in 2013 to $697,038 in 2023.
- Strong asset accumulation, growing from $34,361 in 2013 to $734,738 in 2023.
- Consistent operating surplus, with revenues exceeding expenses in all reported periods (e.g., $697,038 revenue vs. $510,525 expenses in 2023).
- 0% reported officer compensation across all filings, indicating potential high efficiency in leadership costs.
- Healthy balance sheet with assets significantly exceeding liabilities (e.g., $734,738 assets vs. $87,478 liabilities in 2023).
Frequently Asked Questions about A & K Family Learning Place Inc
Is A & K Family Learning Place Inc a legitimate charity?
A & K Family Learning Place Inc (EIN: 208731366) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $607K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does A & K Family Learning Place Inc spend its money?
A & K Family Learning Place Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to A & K Family Learning Place Inc tax-deductible?
A & K Family Learning Place Inc is registered as a tax-exempt nonprofit (EIN: 208731366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the A & K Family Learning Place Inc CEO make?
A & K Family Learning Place Inc's highest-compensated officer earns $697,038 annually. The organization reported $607K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of A & K Family Learning Place Inc's spending goes to programs?
A & K Family Learning Place Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does A & K Family Learning Place Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), A & K Family Learning Place Inc is above average for NTEE category O20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is A & K Family Learning Place Inc located?
A & K Family Learning Place Inc is headquartered in Bowie, Maryland and files with the IRS under EIN 208731366. It is classified under NTEE code O20.
How many years of IRS 990 filings does A & K Family Learning Place Inc have?
A & K Family Learning Place Inc has 12 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 $607K in total revenue.
Is A & K Family Learning Place Inc a good charity?
Based on its consistent financial growth, healthy asset accumulation, and 0% reported officer compensation, A & K Family Learning Place Inc appears to be a well-managed and financially sound organization. Its ability to grow revenue from $108,775 in 2013 to $697,038 in 2023 while maintaining a surplus suggests effective operations and a strong commitment to its mission.
How has the organization's financial health changed over time?
The organization has experienced significant financial growth, with revenue increasing over six-fold from $108,775 in 2013 to $697,038 in 2023. Assets have also grown substantially from $34,361 to $734,738 in the same period, indicating strong financial health and increasing capacity.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It suggests that the organization's top leadership may be unpaid volunteers, or their compensation is categorized differently, which could allow a greater proportion of funds to be directed towards program services. This is a strong indicator of financial efficiency and dedication.
Filing History
IRS 990 filing history for A & K Family Learning Place Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), A & K Family Learning Place Inc's revenue has grown by 475.3%, moving from $121K to $697K. Total assets increased by 10327.7% over the same period, from $7K to $735K. Total functional expenses rose by 271.6%, from $137K to $511K. In its most recent filing year (2023), A & K Family Learning Place Inc reported a surplus of $187K, with revenue exceeding expenses. The organization holds $87K in liabilities against $735K in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $647K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $697K | $511K | $735K | $87K | — | View 990 |
| 2022 | $665K | $431K | $530K | $69K | — | View 990 |
| 2021 | $228K | $190K | $255K | $28K | — | View 990 |
| 2020 | $149K | $141K | $219K | $30K | — | View 990 |
| 2018 | $292K | $233K | $158K | $71K | — | View 990 |
| 2017 | $188K | $162K | $101K | $1K | — | View 990 |
| 2016 | $173K | $138K | $77K | $2K | — | View 990 |
| 2015 | $113K | $106K | $55K | $8K | — | View 990 |
| 2014 | $111K | $106K | $54K | $15K | — | View 990 |
| 2013 | $109K | $87K | $34K | $0 | — | View 990 |
| 2012 | $100K | $78K | $12K | $0 | — | View 990 |
| 2011 | $121K | $137K | $7K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $697K, expenses of $511K, and assets of $735K (revenue +4.9% year-over-year).
- 2022: Revenue of $665K, expenses of $431K, and assets of $530K (revenue +192.2% year-over-year).
- 2021: Revenue of $228K, expenses of $190K, and assets of $255K (revenue +52.2% year-over-year).
- 2020: Revenue of $149K, expenses of $141K, and assets of $219K (revenue -48.9% year-over-year).
- 2018: Revenue of $292K, expenses of $233K, and assets of $158K (revenue +55.6% year-over-year).
- 2017: Revenue of $188K, expenses of $162K, and assets of $101K (revenue +8.5% year-over-year).
- 2016: Revenue of $173K, expenses of $138K, and assets of $77K (revenue +53.2% year-over-year).
- 2015: Revenue of $113K, expenses of $106K, and assets of $55K (revenue +2.1% year-over-year).
- 2014: Revenue of $111K, expenses of $106K, and assets of $54K (revenue +1.8% year-over-year).
- 2013: Revenue of $109K, expenses of $87K, and assets of $34K (revenue +8.7% year-over-year).
- 2012: Revenue of $100K, expenses of $78K, and assets of $12K (revenue -17.4% year-over-year).
- 2011: Revenue of $121K, expenses of $137K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A & K Family Learning Place Inc:
Data Sources and Methodology
This transparency report for A & K Family Learning Place Inc 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.