Hillside Learning Center
Hillside Learning Center shows consistent revenue growth and strong program spending with no reported officer compensation.
EIN: 202590264 · Longmont, CO · NTEE: B28 · Updated: 2026-03-28
Is Hillside Learning Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hillside Learning Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hillside Learning Center
Hillside Learning Center (EIN: 202590264) is a nonprofit organization based in Longmont, CO, classified under NTEE code B28. The organization reported total revenue of $2.3M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hillside Learning Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hillside Learning Center is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$127K |
| Total Assets | $3.0M |
| Total Liabilities | $1.7M |
| Net Assets | $1.3M |
| Operating Margin | 6.7% |
| Debt-to-Asset Ratio | 55.8% |
| Months of Reserves | 20.3 months |
Financial Health Grade: A
In 2023, Hillside Learning Center reported a surplus of $127K with revenue exceeding expenses, holds 20.3 months of operating reserves (strong position), has a debt-to-asset ratio of 55.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hillside Learning Center's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.7% | +7.9% | +4.6% |
| 2022 | +11.1% | +17.3% | +9.1% |
| 2021 | +10.3% | +23.9% | +7.6% |
| 2020 | +101.3% | +50.5% | +21.2% |
| 2019 | -52.4% | -27.1% | -3.8% |
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 Hillside Learning Center with a Mission Score of 92 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, Hillside Learning Center 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $127K, with revenue exceeding expenses.
- Debt-to-asset ratio: 55.8%.
Executive Compensation Analysis
Hillside Learning Center consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which contributes to a very lean administrative overhead.
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 Hillside Learning Center's IRS 990 filings:
- Increase in liabilities in recent years, from $0 in 2017 to $1,672,974 in 2023, warrants further investigation into their nature.
Strengths
The following positive indicators were identified for Hillside Learning Center:
- Strong program spending ratio (85% of expenses in 2023).
- Consistent revenue growth over the past decade.
- No reported officer compensation, indicating low administrative overhead.
- Healthy asset growth, from $392,334 in 2014 to $2,997,900 in 2023.
- Positive net income in most recent filing ($1,899,267 revenue vs. $1,772,577 expenses in 2023).
Frequently Asked Questions about Hillside Learning Center
Is Hillside Learning Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Hillside Learning Center (EIN: 202590264) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Hillside Learning Center spend its money?
Hillside Learning Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hillside Learning Center tax-deductible?
Hillside Learning Center is registered as a tax-exempt nonprofit (EIN: 202590264). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Hillside Learning Center a good charity?
Based on its financial data, Hillside Learning Center appears to be a very good charity. It consistently dedicates a high percentage of its expenses to program services (85% in 2023), has shown strong revenue and asset growth, and reports no officer compensation, all of which are positive indicators of efficiency and mission focus.
How has Hillside Learning Center's revenue grown over time?
Hillside Learning Center has experienced significant revenue growth, increasing from $699,206 in 2014 to $1,899,267 in 2023, demonstrating a consistent upward trend in financial support.
What is Hillside Learning Center's financial health?
The organization's financial health appears strong. Its assets ($2,997,900 in 2023) significantly exceed its liabilities ($1,672,974 in 2023), and it has a history of consistent revenue growth and efficient program spending.
Filing History
IRS 990 filing history for Hillside Learning Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hillside Learning Center's revenue has grown by 303%, moving from $471K to $1.9M. Total assets increased by 1203.4% over the same period, from $230K to $3.0M. Total functional expenses rose by 295.2%, from $449K to $1.8M. In its most recent filing year (2023), Hillside Learning Center reported a surplus of $127K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $3.0M in assets (debt-to-asset ratio: 55.8%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.8M | $3.0M | $1.7M | — | View 990 |
| 2022 | $1.8M | $1.6M | $2.9M | $1.7M | — | View 990 |
| 2021 | $1.6M | $1.4M | $2.6M | $774K | — | View 990 |
| 2020 | $1.5M | $1.1M | $2.4M | $872K | — | View 990 |
| 2019 | $721K | $751K | $2.0M | $763K | — | View 990 |
| 2018 | $1.5M | $1.0M | $2.1M | $813K | — | View 990 |
| 2017 | $1.5M | $941K | $794K | $0 | — | View 990 |
| 2016 | $864K | $790K | $547K | $0 | — | View 990 |
| 2015 | $749K | $668K | $473K | $0 | — | View 990 |
| 2014 | $699K | $573K | $392K | $0 | — | View 990 |
| 2013 | $542K | $527K | $266K | $0 | — | View 990 |
| 2012 | $502K | $481K | $251K | $0 | — | View 990 |
| 2011 | $471K | $449K | $230K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.8M, and assets of $3.0M (revenue +6.7% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.6M, and assets of $2.9M (revenue +11.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $2.6M (revenue +10.3% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.1M, and assets of $2.4M (revenue +101.3% year-over-year).
- 2019: Revenue of $721K, expenses of $751K, and assets of $2.0M (revenue -52.4% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.0M, and assets of $2.1M (revenue +2.3% year-over-year).
- 2017: Revenue of $1.5M, expenses of $941K, and assets of $794K (revenue +71.4% year-over-year).
- 2016: Revenue of $864K, expenses of $790K, and assets of $547K (revenue +15.4% year-over-year).
- 2015: Revenue of $749K, expenses of $668K, and assets of $473K (revenue +7.1% year-over-year).
- 2014: Revenue of $699K, expenses of $573K, and assets of $392K (revenue +28.9% year-over-year).
- 2013: Revenue of $542K, expenses of $527K, and assets of $266K (revenue +8.1% year-over-year).
- 2012: Revenue of $502K, expenses of $481K, and assets of $251K (revenue +6.5% year-over-year).
- 2011: Revenue of $471K, expenses of $449K, and assets of $230K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hillside Learning Center:
Data Sources and Methodology
This transparency report for Hillside Learning 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.