Education Explosion Inc

Education Explosion Inc. shows consistent revenue growth but recent expenses exceeded revenue, with zero reported officer compensation.

EIN: 211323630 · Baker, LA · NTEE: B90 · Updated: 2026-03-28

$7.5MRevenue

$27.7MAssets

80/100Mission Score (Excellent)

B90

About Education Explosion Inc

Education Explosion Inc (EIN: 211323630) is a nonprofit organization based in Baker, LA, classified under NTEE code B90. The organization reported total revenue of $7.5M and total assets of $27.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education Explosion Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Education Explosion Inc. demonstrates a strong and consistent growth trajectory in revenue, increasing from $180,587 in 2011 to over $7.3 million in 2023. This growth is generally matched by expenses, indicating active program delivery. The organization's assets have also seen significant growth, reaching $27.7 million, which is a substantial increase from previous years, though the latest filing shows assets at $3.2 million. This discrepancy between the provided 'Latest Assets' and the 2023 filing's assets warrants further investigation to understand the full financial picture. The consistent reporting of 0% officer compensation across all filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs.

Spending efficiency appears to be reasonable, with expenses generally tracking closely with revenue, indicating that most funds are being utilized for operations rather than accumulating excessive surpluses or deficits, though the 2023 period shows expenses ($7,622,745) exceeding revenue ($7,322,706). The absence of reported officer compensation is a notable point for transparency, as it could either be a strength (low overhead) or a potential area for deeper inquiry if executive functions are being performed without clear compensation reporting. The significant jump in 'Latest Assets' compared to the 2023 filing's reported assets is a key area for clarification to fully assess financial health and asset management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Education Explosion Inc with a Mission Score of 80 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Education Explosion Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size and revenue, suggesting either a fully volunteer executive team or that executive compensation is categorized differently within expenses.

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 Explosion Inc's IRS 990 filings:

Discrepancy between 'Latest Assets' provided and 2023 filing's reported assets ($27.7M vs $3.2M)
Expenses ($7,622,745) exceeded revenue ($7,322,706) in the 2023 filing period
Consistent 0% reported officer compensation, which is unusual for an organization of this scale and could obscure true leadership costs.

Strengths

The following positive indicators were identified for Education Explosion Inc:

Consistent and significant revenue growth over the past decade, from $180,587 in 2011 to over $7.3 million in 2023.
Strong asset growth over time, indicating increasing financial capacity (though the latest asset figure needs clarification).
Expenses generally track revenue, suggesting active program delivery and utilization of funds for mission-related activities.

Frequently Asked Questions about Education Explosion Inc

Why is officer compensation consistently reported as 0% across all filings, despite significant revenue and operations?

This could indicate a volunteer-led executive team, or that executive compensation is included in other expense categories, which would require further detail for full transparency.

What accounts for the discrepancy between the 'Latest Assets' of $27,733,673 and the 2023 filing's reported assets of $3,230,849?

This significant difference needs clarification to understand the organization's true asset base and financial position. It could be due to different reporting periods or asset types.

How does Education Explosion Inc. manage its liabilities, which have fluctuated significantly, reaching $365,123 in 2019 and $316,994 in 2023?

While liabilities are generally a small percentage of assets, understanding the nature and management of these fluctuations is important for long-term financial stability.

Filing History

IRS 990 filing history for Education Explosion Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Education Explosion Inc's revenue has grown by 3954.9%, moving from $181K to $7.3M. Total assets increased by 3523.3% over the same period, from $89K to $3.2M. Total functional expenses rose by 8238.3%, from $91K to $7.6M. In its most recent filing year (2023), Education Explosion Inc reported a deficit of $300K, with expenses exceeding revenue. The organization holds $317K in liabilities against $3.2M in assets (debt-to-asset ratio: 9.8%), resulting in net assets of $2.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$7.3M	$7.6M	$3.2M	$317K	—	View 990
2022	$6.2M	$6.0M	$3.4M	$172K	—	View 990
2021	$5.4M	$5.1M	$3.3M	$244K	—	View 990
2020	$5.2M	$4.8M	$2.9M	$171K	—	View 990
2019	$4.7M	$4.5M	$2.7M	$365K	—	View 990
2018	$4.8M	$3.9M	$2.3M	$212K	—	View 990
2017	$4.0M	$3.4M	$0	$0	—	View 990
2016	$3.4M	$3.1M	$0	$0	—	View 990
2015	$2.2M	$1.9M	$347K	$12K	—	View 990
2011	$181K	$91K	$89K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $7.3M, expenses of $7.6M, and assets of $3.2M (revenue +17.9% year-over-year).
2022: Revenue of $6.2M, expenses of $6.0M, and assets of $3.4M (revenue +15.5% year-over-year).
2021: Revenue of $5.4M, expenses of $5.1M, and assets of $3.3M (revenue +4.1% year-over-year).
2020: Revenue of $5.2M, expenses of $4.8M, and assets of $2.9M (revenue +10.8% year-over-year).
2019: Revenue of $4.7M, expenses of $4.5M, and assets of $2.7M (revenue -2.8% year-over-year).
2018: Revenue of $4.8M, expenses of $3.9M, and assets of $2.3M (revenue +19.2% year-over-year).
2017: Revenue of $4.0M, expenses of $3.4M, and assets of $0 (revenue +16.8% year-over-year).
2016: Revenue of $3.4M, expenses of $3.1M, and assets of $0 (revenue +55.9% year-over-year).
2015: Revenue of $2.2M, expenses of $1.9M, and assets of $347K (revenue +1123.9% year-over-year).
2011: Revenue of $181K, expenses of $91K, and assets of $89K.

Data Sources and Methodology

This transparency report for Education Explosion 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.