Banner Day Learning Corp
EIN: 272987531 · Boca Raton, FL
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.5M |
| Net Assets | $92K |
Is Banner Day Learning Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Banner Day Learning Corp
Banner Day Learning Corp (EIN: 272987531) is a nonprofit organization based in Boca Raton, FL. The organization reported total revenue of $2.2M and total assets of $739K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Banner Day Learning Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Banner Day Learning Corp is a mid-size nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 16.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$17K |
| Total Assets | $438K |
| Total Liabilities | $346K |
| Net Assets | $92K |
| Operating Margin | 1.1% |
| Debt-to-Asset Ratio | 79.0% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2023, Banner Day Learning Corp reported a surplus of $17K with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 79.0% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Banner Day Learning Corp's revenue has grown at a compound annual growth rate (CAGR) of 16.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.9% | +7.9% | +34.9% |
| 2022 | -4.0% | +8.3% | -14.7% |
| 2021 | -0.1% | +15.2% | +5.2% |
| 2020 | +8.0% | -15.2% | +367.0% |
| 2019 | +0.8% | +11.1% | -45.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Banner Day Learning Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Banner Day Learning Corp with a Mission Score of 0 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 79.0%.
Frequently Asked Questions about Banner Day Learning Corp
Is Banner Day Learning Corp a legitimate charity?
Banner Day Learning Corp (EIN: 272987531) is a registered tax-exempt nonprofit based in Florida. It has 14 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: A.
How does Banner Day Learning Corp spend its money?
Banner Day Learning Corp reported $2.2M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Banner Day Learning Corp tax-deductible?
Banner Day Learning Corp is registered as a tax-exempt nonprofit (EIN: 272987531). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Banner Day Learning Corp located?
Banner Day Learning Corp is headquartered in Boca Raton, Florida and files with the IRS under EIN 272987531.
How many years of IRS 990 filings does Banner Day Learning Corp have?
Banner Day Learning Corp has 14 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for Banner Day Learning Corp showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Banner Day Learning Corp's revenue has grown by 642.9%, moving from $205K to $1.5M. Total assets increased by 457.6% over the same period, from $78K to $438K. Total functional expenses rose by 231.6%, from $455K to $1.5M. In its most recent filing year (2023), Banner Day Learning Corp reported a surplus of $17K, with revenue exceeding expenses. The organization holds $346K in liabilities against $438K in assets (debt-to-asset ratio: 79.0%), resulting in net assets of $92K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $438K | $346K | — | — |
| 2022 | $1.3M | $1.4M | $324K | $249K | — | View 990 |
| 2021 | $1.3M | $1.3M | $380K | $157K | — | View 990 |
| 2020 | $1.3M | $1.1M | $361K | $150K | — | View 990 |
| 2019 | $1.2M | $1.3M | $77K | $51K | — | View 990 |
| 2018 | $1.2M | $1.2M | $140K | $0 | — | View 990 |
| 2017 | $1.1M | $1.2M | $132K | $0 | — | View 990 |
| 2016 | $1.0M | $1.0M | $282K | $65K | — | — |
| 2015 | $1.1M | $1.1M | $204K | $55 | — | View 990 |
| 2014 | $1.0M | $917K | $276K | $0 | — | View 990 |
| 2013 | $1.1M | $1.1M | $176K | $0 | — | View 990 |
| 2012 | $1.1M | $1.2M | $220K | $0 | — | View 990 |
| 2011 | $1.1M | $897K | $256K | $0 | — | View 990 |
| 2010 | $205K | $455K | $78K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $438K (revenue +21.9% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.4M, and assets of $324K (revenue -4.0% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.3M, and assets of $380K (revenue -0.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $361K (revenue +8.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $77K (revenue +0.8% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $140K (revenue +5.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $132K (revenue +9.2% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.0M, and assets of $282K (revenue -0.8% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $204K (revenue +3.6% year-over-year).
- 2014: Revenue of $1.0M, expenses of $917K, and assets of $276K (revenue -8.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $176K (revenue -2.1% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $220K (revenue +5.1% year-over-year).
- 2011: Revenue of $1.1M, expenses of $897K, and assets of $256K (revenue +423.0% year-over-year).
- 2010: Revenue of $205K, expenses of $455K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Banner Day Learning Corp:
Data Sources and Methodology
This transparency report for Banner Day Learning Corp 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.