Education Center
Education Center's revenue has declined significantly over the past decade, with its latest filing showing $0 revenue and assets.
EIN: 201012059 · Santa Fe, NM · NTEE: B05 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $5K |
| Program Spending | 100% |
| Net Assets | $38K |
| Transparency Score | 30/100 |
Is Education Center Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Education Center directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Education Center
Education Center (EIN: 201012059) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code B05. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Education Center is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -32.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $5K |
| Surplus / Deficit | $-2,307 |
| Total Assets | $38K |
| Net Assets | $38K |
| Operating Margin | -93.8% |
| Months of Reserves | 96.5 months |
Financial Health Grade: B
In 2020, Education Center reported a deficit of $2K with expenses exceeding revenue, holds 96.5 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Education Center's revenue has declined at a compound annual growth rate (CAGR) of -32.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -81.1% | -15.7% | +2.9% |
| 2019 | -39.9% | -38.3% | -8.2% |
| 2018 | +44.9% | -32.8% | +19.8% |
| 2017 | -23.0% | +46.4% | +10.9% |
| 2016 | -28.8% | -45.5% | -9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Education Center with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Education Center allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all filings, indicating that the organization is likely volunteer-run and does not allocate any funds to officer salaries, which is commendable for a small nonprofit.
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 Education Center's IRS 990 filings:
- Significant and consistent decline in annual revenue over the past decade, from $79,025 in 2011 to $2,460 in 2020.
- Latest available data shows $0 revenue and $0 assets, raising concerns about current operational status.
- Expenses exceeded revenue in 2020 ($4,767 vs. $2,460), indicating financial unsustainability in that period.
Strengths
The following positive indicators were identified for Education Center:
- Consistent reporting of $0 officer compensation, indicating a volunteer-run model and efficient use of funds by not paying executives.
- Maintained $0 liabilities across all reported periods, demonstrating good debt management.
Frequently Asked Questions about Education Center
Is Education Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Education Center (EIN: 201012059) significant concerns. Mission Score: 30/100. 3 red flags identified, 2 strengths noted.
How does Education Center spend its money?
Education Center directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Education Center tax-deductible?
Education Center is registered as a tax-exempt nonprofit (EIN: 201012059). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Education Center compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Education Center is below average for NTEE category B05 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Education Center located?
Education Center is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 201012059. It is classified under NTEE code B05.
How many years of IRS 990 filings does Education Center have?
Education Center has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Education Center still operational given its $0 revenue and assets in the latest filing?
The latest available data shows $0 revenue and assets, which strongly suggests the organization may no longer be actively operating or is in a dormant state. Further investigation would be needed to confirm its current status.
What caused the significant decline in revenue from $79,025 in 2011 to $2,460 in 2020?
The IRS 990 filings do not provide specific reasons for revenue fluctuations. This decline could be due to various factors such as loss of funding sources, reduced program activity, or changes in organizational strategy.
How does Education Center cover its expenses if it has $0 revenue and assets?
The latest filing showing $0 revenue and assets makes it unclear how any expenses would be covered. In the 2020 filing, expenses ($4,767) exceeded revenue ($2,460), indicating it was drawing down on prior assets or receiving unrecorded contributions.
Filing History
IRS 990 filing history for Education Center showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Education Center's revenue has declined by 96.9%, moving from $79K to $2K. Total assets decreased by 6.4% over the same period, from $41K to $38K. Total functional expenses fell by 92.2%, from $61K to $5K. In its most recent filing year (2020), Education Center reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $2K | $5K | $38K | $0 | — | View 990 |
| 2019 | $13K | $6K | $37K | $0 | — | — |
| 2018 | $22K | $9K | $41K | $0 | — | — |
| 2017 | $15K | $14K | $34K | $0 | — | View 990 |
| 2016 | $19K | $9K | $31K | $0 | — | View 990 |
| 2015 | $27K | $17K | $34K | $0 | — | View 990 |
| 2014 | $42K | $23K | $42K | $0 | — | View 990 |
| 2013 | $42K | $17K | $35K | $0 | — | View 990 |
| 2012 | $17K | $21K | $27K | $0 | — | View 990 |
| 2011 | $79K | $61K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $2K, expenses of $5K, and assets of $38K (revenue -81.1% year-over-year).
- 2019: Revenue of $13K, expenses of $6K, and assets of $37K (revenue -39.9% year-over-year).
- 2018: Revenue of $22K, expenses of $9K, and assets of $41K (revenue +44.9% year-over-year).
- 2017: Revenue of $15K, expenses of $14K, and assets of $34K (revenue -23.0% year-over-year).
- 2016: Revenue of $19K, expenses of $9K, and assets of $31K (revenue -28.8% year-over-year).
- 2015: Revenue of $27K, expenses of $17K, and assets of $34K (revenue -35.3% year-over-year).
- 2014: Revenue of $42K, expenses of $23K, and assets of $42K (revenue -0.4% year-over-year).
- 2013: Revenue of $42K, expenses of $17K, and assets of $35K (revenue +150.0% year-over-year).
- 2012: Revenue of $17K, expenses of $21K, and assets of $27K (revenue -78.6% year-over-year).
- 2011: Revenue of $79K, expenses of $61K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Education Center:
Data Sources and Methodology
This transparency report for Education Center 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.