Education Leads To Success Foundation
EIN: 270768307 · Bartonville, TX · NTEE: B111
| Metric | Value |
|---|---|
| Total Revenue | $865K |
| Total Expenses | $3.1M |
| Net Assets | $-5,385,445 |
Is Education Leads To Success Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Education Leads To Success Foundation
Education Leads To Success Foundation (EIN: 270768307) is a nonprofit organization based in Bartonville, TX, classified under NTEE code B111. The organization reported total revenue of $865K and total assets of $19.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education Leads To Success Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Education Leads To Success Foundation is a small nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2008–2022).
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $865K |
| Total Expenses | $3.1M |
| Surplus / Deficit | $-2,244,804 |
| Total Assets | $19.8M |
| Total Liabilities | $25.2M |
| Net Assets | $-5,385,445 |
| Operating Margin | -259.6% |
| Debt-to-Asset Ratio | 127.2% |
| Months of Reserves | 76.4 months |
Financial Health Grade: C
In 2022, Education Leads To Success Foundation reported a deficit of $2.2M with expenses exceeding revenue, holds 76.4 months of operating reserves (strong position), has a debt-to-asset ratio of 127.2% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +113.6% | -11.4% | -11.3% |
| 2021 | +22.3% | +89.2% | -11.0% |
| 2020 | -67.0% | +112.4% | +986.2% |
| 2018 | -148.7% | +67.4% | +32.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Education Leads To Success Foundation 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 Education Leads To Success Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 127.2%.
Frequently Asked Questions about Education Leads To Success Foundation
Is Education Leads To Success Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Education Leads To Success Foundation (EIN: 270768307) insufficient data. 0 red flags identified, 0 strengths noted.
How does Education Leads To Success Foundation spend its money?
Detailed spending breakdown data is not yet available for Education Leads To Success Foundation. Check back for updated IRS 990 analysis.
Are donations to Education Leads To Success Foundation tax-deductible?
Education Leads To Success Foundation is registered as a tax-exempt nonprofit (EIN: 270768307). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Education Leads To Success Foundation located?
Education Leads To Success Foundation is headquartered in Bartonville, Texas and files with the IRS under EIN 270768307. It is classified under NTEE code B111.
How many years of IRS 990 filings does Education Leads To Success Foundation have?
Education Leads To Success Foundation has 13 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 $865K in total revenue.
Filing History
IRS 990 filing history for Education Leads To Success Foundation showing financial trends over 13 years of public records:
Total assets increased by 1980027000% over the same period, from $1 to $19.8M. In its most recent filing year (2022), Education Leads To Success Foundation reported a deficit of $2.2M, with expenses exceeding revenue. The organization holds $25.2M in liabilities against $19.8M in assets (debt-to-asset ratio: 127.2%), resulting in net assets of $-5,385,445.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $865K | $3.1M | $19.8M | $25.2M | — | View 990 |
| 2021 | $405K | $3.5M | $22.3M | $25.3M | — | View 990 |
| 2020 | $331K | $1.9M | $25.1M | $24.3M | — | View 990 |
| 2019 | $1.0M | $873K | $2.3M | $0 | — | View 990 |
| 2018 | $-300,433 | $1.0M | $7.8M | $6.5M | — | View 990 |
| 2017 | $616K | $614K | $5.9M | $4.3M | — | View 990 |
| 2016 | $616K | $617K | $5.2M | $3.9M | — | View 990 |
| 2015 | $616K | $616K | $5.2M | $4.2M | — | View 990 |
| 2014 | $616K | $616K | $5.2M | $4.2M | — | View 990 |
| 2011 | $616K | $572K | $5.2M | $5.1M | — | View 990 |
| 2010 | $616K | $608K | $5.1M | $5.1M | — | View 990 |
| 2009 | $8K | $0 | $8K | $0 | — | View 990 |
| 2008 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $865K, expenses of $3.1M, and assets of $19.8M (revenue +113.6% year-over-year).
- 2021: Revenue of $405K, expenses of $3.5M, and assets of $22.3M (revenue +22.3% year-over-year).
- 2020: Revenue of $331K, expenses of $1.9M, and assets of $25.1M (revenue -67.0% year-over-year).
- 2019: Revenue of $1.0M, expenses of $873K, and assets of $2.3M.
- 2018: Revenue of $-300,433, expenses of $1.0M, and assets of $7.8M (revenue -148.7% year-over-year).
- 2017: Revenue of $616K, expenses of $614K, and assets of $5.9M (revenue +0.0% year-over-year).
- 2016: Revenue of $616K, expenses of $617K, and assets of $5.2M (revenue +0.0% year-over-year).
- 2015: Revenue of $616K, expenses of $616K, and assets of $5.2M (revenue +0.0% year-over-year).
- 2014: Revenue of $616K, expenses of $616K, and assets of $5.2M (revenue +0.0% year-over-year).
- 2011: Revenue of $616K, expenses of $572K, and assets of $5.2M (revenue +-0.0% year-over-year).
- 2010: Revenue of $616K, expenses of $608K, and assets of $5.1M (revenue +7667.0% year-over-year).
- 2009: Revenue of $8K, expenses of $0, and assets of $8K.
- 2008: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Education Leads To Success Foundation:
Data Sources and Methodology
This transparency report for Education Leads To Success Foundation 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.