Family Learning Solutions Inc
EIN: 311508709 · Silver Spring, MD · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $216K |
| Total Expenses | $164K |
| Net Assets | $-48,416 |
Is Family Learning Solutions Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Family Learning Solutions Inc
Family Learning Solutions Inc (EIN: 311508709) is a nonprofit organization based in Silver Spring, MD, classified under NTEE code B90. The organization reported total revenue of $216K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Learning Solutions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Learning Solutions Inc is a small nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $165K |
| Total Expenses | $164K |
| Surplus / Deficit | +$323 |
| Total Assets | $18K |
| Total Liabilities | $67K |
| Net Assets | $-48,416 |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 367.7% |
| Months of Reserves | 1.3 months |
Financial Health Grade: B
In 2024, Family Learning Solutions Inc reported a surplus of $323 with revenue exceeding expenses, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 367.7% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Family Learning Solutions Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +21.7% | -12.7% | +130.6% |
| 2023 | -0.9% | -7.4% | -87.1% |
| 2022 | -34.2% | +154.2% | -52.4% |
| 2021 | +78.8% | -27.9% | +705.1% |
| 2020 | -27.7% | -20.5% | -25.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Family Learning Solutions 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 Family Learning Solutions 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $323, with revenue exceeding expenses.
- Debt-to-asset ratio: 367.7%.
Frequently Asked Questions about Family Learning Solutions Inc
Is Family Learning Solutions Inc a legitimate charity?
Family Learning Solutions Inc (EIN: 311508709) is a registered tax-exempt nonprofit based in Maryland. It has 14 years of IRS 990 filings on record. Total revenue: $216K. No red flags identified. Financial health grade: B.
How does Family Learning Solutions Inc spend its money?
Family Learning Solutions Inc reported $216K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Family Learning Solutions Inc tax-deductible?
Family Learning Solutions Inc is registered as a tax-exempt nonprofit (EIN: 311508709). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Family Learning Solutions Inc located?
Family Learning Solutions Inc is headquartered in Silver Spring, Maryland and files with the IRS under EIN 311508709. It is classified under NTEE code B90.
How many years of IRS 990 filings does Family Learning Solutions Inc have?
Family Learning Solutions Inc has 14 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 $216K in total revenue.
Filing History
IRS 990 filing history for Family Learning Solutions Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Family Learning Solutions Inc's revenue has grown by 17%, moving from $141K to $165K. Total assets decreased by 13.8% over the same period, from $21K to $18K. Total functional expenses rose by 36%, from $121K to $164K. In its most recent filing year (2024), Family Learning Solutions Inc reported a surplus of $323, with revenue exceeding expenses. The organization holds $67K in liabilities against $18K in assets (debt-to-asset ratio: 367.7%), resulting in net assets of $-48,416.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $165K | $164K | $18K | $67K | — | — |
| 2023 | $135K | $188K | $8K | $67K | — | — |
| 2022 | $136K | $203K | $61K | $67K | — | View 990 |
| 2021 | $207K | $80K | $128K | $67K | — | — |
| 2020 | $116K | $111K | $16K | $0 | — | View 990 |
| 2019 | $160K | $140K | $21K | $0 | — | View 990 |
| 2018 | $126K | $130K | $325 | $0 | — | View 990 |
| 2017 | $115K | $113K | $8K | $0 | — | — |
| 2016 | $122K | $116K | $6K | $0 | — | View 990 |
| 2015 | $121K | $123K | $1K | $0 | — | View 990 |
| 2014 | $100K | $104K | $2K | $0 | — | View 990 |
| 2013 | $86K | $83K | $6K | $0 | — | View 990 |
| 2012 | $111K | $99K | $26K | $0 | — | View 990 |
| 2011 | $141K | $121K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $165K, expenses of $164K, and assets of $18K (revenue +21.7% year-over-year).
- 2023: Revenue of $135K, expenses of $188K, and assets of $8K (revenue -0.9% year-over-year).
- 2022: Revenue of $136K, expenses of $203K, and assets of $61K (revenue -34.2% year-over-year).
- 2021: Revenue of $207K, expenses of $80K, and assets of $128K (revenue +78.8% year-over-year).
- 2020: Revenue of $116K, expenses of $111K, and assets of $16K (revenue -27.7% year-over-year).
- 2019: Revenue of $160K, expenses of $140K, and assets of $21K (revenue +27.2% year-over-year).
- 2018: Revenue of $126K, expenses of $130K, and assets of $325 (revenue +10.0% year-over-year).
- 2017: Revenue of $115K, expenses of $113K, and assets of $8K (revenue -6.0% year-over-year).
- 2016: Revenue of $122K, expenses of $116K, and assets of $6K (revenue +0.5% year-over-year).
- 2015: Revenue of $121K, expenses of $123K, and assets of $1K (revenue +21.1% year-over-year).
- 2014: Revenue of $100K, expenses of $104K, and assets of $2K (revenue +16.3% year-over-year).
- 2013: Revenue of $86K, expenses of $83K, and assets of $6K (revenue -22.6% year-over-year).
- 2012: Revenue of $111K, expenses of $99K, and assets of $26K (revenue -20.9% year-over-year).
- 2011: Revenue of $141K, expenses of $121K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Learning Solutions Inc:
Data Sources and Methodology
This transparency report for Family Learning Solutions 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.