Earlier Learning Solutions Foundation Inc
EIN: 461013235 · Albuquerque, NM · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $541K |
| Net Assets | $-450,603 |
Is Earlier Learning Solutions Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Earlier Learning Solutions Foundation Inc
Earlier Learning Solutions Foundation Inc (EIN: 461013235) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code B11. The organization reported total revenue of $541K and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Earlier Learning Solutions Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Earlier Learning Solutions Foundation Inc is a small nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2013–2020). Revenue has grown at a compound annual rate of -21.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $0 |
| Surplus / Deficit | +$64K |
| Total Assets | $6.5M |
| Total Liabilities | $6.9M |
| Net Assets | $-450,603 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 107.0% |
Financial Health Grade: B
In 2020, Earlier Learning Solutions Foundation Inc reported a surplus of $64K with revenue exceeding expenses, has a debt-to-asset ratio of 107.0% (high leverage).
Financial Trends
Over 3 years of filings (2013–2020), Earlier Learning Solutions Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -21.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -124.9% | -100.0% | +34189.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Earlier Learning Solutions Foundation Inc 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 Earlier Learning Solutions Foundation Inc 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 (2020)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 107.0%.
Frequently Asked Questions about Earlier Learning Solutions Foundation Inc
Is Earlier Learning Solutions Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Earlier Learning Solutions Foundation Inc (EIN: 461013235) insufficient data. 0 red flags identified, 0 strengths noted.
How does Earlier Learning Solutions Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Earlier Learning Solutions Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Earlier Learning Solutions Foundation Inc tax-deductible?
Earlier Learning Solutions Foundation Inc is registered as a tax-exempt nonprofit (EIN: 461013235). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Earlier Learning Solutions Foundation Inc located?
Earlier Learning Solutions Foundation Inc is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 461013235. It is classified under NTEE code B11.
How many years of IRS 990 filings does Earlier Learning Solutions Foundation Inc have?
Earlier Learning Solutions Foundation Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $541K in total revenue.
Filing History
IRS 990 filing history for Earlier Learning Solutions Foundation Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2013–2020), Earlier Learning Solutions Foundation Inc's revenue has declined by 80.8%, moving from $333K to $64K. Total assets increased by 31945.8% over the same period, from $20K to $6.5M. Total functional expenses fell by 100%, from $313K to $0. The organization holds $6.9M in liabilities against $6.5M in assets (debt-to-asset ratio: 107.0%), resulting in net assets of $-450,603.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $64K | $0 | $6.5M | $6.9M | — | — |
| 2019 | $-82,998 | $0 | $6.9M | $7.4M | — | View 990 |
| 2013 | $333K | $313K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $64K, expenses of $0, and assets of $6.5M.
- 2019: Revenue of $-82,998, expenses of $0, and assets of $6.9M (revenue -124.9% year-over-year).
- 2013: Revenue of $333K, expenses of $313K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Earlier Learning Solutions Foundation Inc:
Data Sources and Methodology
This transparency report for Earlier Learning Solutions Foundation 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.