Encore Education Corporation
Encore Education Corporation shows volatile assets but consistent revenue generation with no reported officer compensation.
EIN: 208603402 · Hesperia, CA · NTEE: B29 · Updated: 2026-03-28
Is Encore Education Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Encore Education Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Encore Education Corporation
Encore Education Corporation (EIN: 208603402) is a nonprofit organization based in Hesperia, CA, classified under NTEE code B29. The organization reported total revenue of $9.6M and total assets of $20.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Encore Education Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Encore Education Corporation is a mid-size nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.3M |
| Total Expenses | $10.2M |
| Surplus / Deficit | +$2.0M |
| Total Assets | $21.8M |
| Total Liabilities | $17.2M |
| Net Assets | $4.5M |
| Operating Margin | 16.6% |
| Debt-to-Asset Ratio | 79.2% |
| Months of Reserves | 25.6 months |
Financial Health Grade: A
In 2023, Encore Education Corporation reported a surplus of $2.0M with revenue exceeding expenses, holds 25.6 months of operating reserves (strong position), has a debt-to-asset ratio of 79.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Encore Education Corporation's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.0% | -20.2% | +307.4% |
| 2022 | +9.5% | +6.4% | -78.6% |
| 2021 | -33.2% | -42.6% | +194.8% |
| 2020 | -2.1% | +0.0% | -5.0% |
| 2019 | +8.9% | -0.9% | +6.2% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Encore Education Corporation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Encore Education Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 79.2%.
Executive Compensation Analysis
Encore Education Corporation consistently reports 0% for officer compensation across all available filings, which is highly unusual for an organization of its size with revenues often exceeding $10 million. This suggests either that executive compensation is not being paid, or it is being reported under a different category, which could impact transparency.
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 Encore Education Corporation's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and revenue.
- Significant year-over-year volatility in total assets (e.g., $24.9M in 2021 to $5.3M in 2022), warranting further explanation.
- Large fluctuations in liabilities, indicating potential financial instability or significant debt management activities.
Strengths
The following positive indicators were identified for Encore Education Corporation:
- Consistent ability to generate substantial revenue, often exceeding $10 million annually.
- Generally manages expenses to align with revenue, indicating operational sustainability.
- Substantial asset base, reaching over $20 million in recent years, providing financial capacity.
Frequently Asked Questions about Encore Education Corporation
Is Encore Education Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Encore Education Corporation (EIN: 208603402) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Encore Education Corporation spend its money?
Encore Education Corporation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Encore Education Corporation tax-deductible?
Encore Education Corporation is registered as a tax-exempt nonprofit (EIN: 208603402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does Encore Education Corporation consistently report 0% for officer compensation?
The consistent reporting of 0% for officer compensation across all 13 filings, despite revenues often exceeding $10 million, is highly unusual. This could mean that executives are truly unpaid, compensated through a related entity, or their compensation is categorized differently within the financial statements, which would require further investigation to understand fully.
What caused the significant fluctuation in assets, particularly the drop from $24.9M in 2021 to $5.3M in 2022 and subsequent recovery to $21.7M in 2023?
The dramatic fluctuation in assets suggests significant capital events, such as the sale or acquisition of major properties, large investments, or substantial changes in liabilities. A detailed review of the balance sheet and cash flow statements for those periods would be necessary to identify the specific causes.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of functional expenses. To assess spending efficiency accurately, it would be crucial to see how the total expenses (e.g., $10,218,651 in 2023) are allocated among program services, management and general, and fundraising activities.
How does Encore Education Corporation manage its liabilities, which have shown significant variation?
Liabilities have varied significantly, from $2.2 million in 2022 to $22.8 million in 2021 and $17.2 million in 2023. Understanding the nature of these liabilities (e.g., mortgages, bonds, program-related liabilities) and the strategies for managing them is important for assessing financial risk.
Filing History
IRS 990 filing history for Encore Education Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Encore Education Corporation's revenue has grown by 126.8%, moving from $5.4M to $12.3M. Total assets increased by 383.3% over the same period, from $4.5M to $21.8M. Total functional expenses rose by 80.5%, from $5.7M to $10.2M. In its most recent filing year (2023), Encore Education Corporation reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $17.2M in liabilities against $21.8M in assets (debt-to-asset ratio: 79.2%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.3M | $10.2M | $21.8M | $17.2M | — | — |
| 2022 | $15.3M | $12.8M | $5.3M | $2.2M | — | View 990 |
| 2021 | $14.0M | $12.0M | $24.9M | $22.8M | — | — |
| 2020 | $20.9M | $21.0M | $8.5M | $8.4M | — | — |
| 2019 | $21.4M | $21.0M | $8.9M | $10.1M | — | View 990 |
| 2018 | $19.6M | $21.2M | $8.4M | $9.9M | — | View 990 |
| 2017 | $18.8M | $19.3M | $5.8M | $5.8M | — | View 990 |
| 2016 | $16.6M | $15.8M | $6.5M | $6.0M | — | View 990 |
| 2015 | $10.1M | $10.7M | $4.0M | $4.3M | — | View 990 |
| 2014 | $9.9M | $9.4M | $8.2M | $7.9M | — | View 990 |
| 2013 | $8.7M | $8.3M | $8.3M | $8.5M | — | View 990 |
| 2012 | $7.3M | $7.3M | $6.4M | $6.9M | — | View 990 |
| 2011 | $5.4M | $5.7M | $4.5M | $5.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.3M, expenses of $10.2M, and assets of $21.8M (revenue -20.0% year-over-year).
- 2022: Revenue of $15.3M, expenses of $12.8M, and assets of $5.3M (revenue +9.5% year-over-year).
- 2021: Revenue of $14.0M, expenses of $12.0M, and assets of $24.9M (revenue -33.2% year-over-year).
- 2020: Revenue of $20.9M, expenses of $21.0M, and assets of $8.5M (revenue -2.1% year-over-year).
- 2019: Revenue of $21.4M, expenses of $21.0M, and assets of $8.9M (revenue +8.9% year-over-year).
- 2018: Revenue of $19.6M, expenses of $21.2M, and assets of $8.4M (revenue +4.4% year-over-year).
- 2017: Revenue of $18.8M, expenses of $19.3M, and assets of $5.8M (revenue +13.5% year-over-year).
- 2016: Revenue of $16.6M, expenses of $15.8M, and assets of $6.5M (revenue +63.2% year-over-year).
- 2015: Revenue of $10.1M, expenses of $10.7M, and assets of $4.0M (revenue +3.0% year-over-year).
- 2014: Revenue of $9.9M, expenses of $9.4M, and assets of $8.2M (revenue +13.1% year-over-year).
- 2013: Revenue of $8.7M, expenses of $8.3M, and assets of $8.3M (revenue +19.4% year-over-year).
- 2012: Revenue of $7.3M, expenses of $7.3M, and assets of $6.4M (revenue +35.1% year-over-year).
- 2011: Revenue of $5.4M, expenses of $5.7M, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Encore Education Corporation:
Data Sources and Methodology
This transparency report for Encore Education Corporation 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.