Johnson County Learning Center Inc
Johnson County Learning Center Inc shows consistent asset growth and no reported officer compensation, despite a recent operating deficit.
EIN: 10970299 · Whiteland, IN · NTEE: P33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $485K |
| Total Expenses | $285K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $700,000. |
| Net Assets | $548K |
| Transparency Score | 90/100 |
Is Johnson County Learning Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Johnson County Learning Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Johnson County Learning Center Inc
Johnson County Learning Center Inc (EIN: 10970299) is a nonprofit organization based in Whiteland, IN, classified under NTEE code P33. The organization reported total revenue of $485K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Johnson County Learning Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Johnson County Learning Center Inc is a small nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $222K |
| Total Expenses | $285K |
| Surplus / Deficit | $-62,916 |
| Total Assets | $735K |
| Total Liabilities | $187K |
| Net Assets | $548K |
| Operating Margin | -28.3% |
| Debt-to-Asset Ratio | 25.5% |
| Months of Reserves | 30.9 months |
Financial Health Grade: B
In 2023, Johnson County Learning Center Inc reported a deficit of $63K with expenses exceeding revenue, holds 30.9 months of operating reserves (strong position), has a debt-to-asset ratio of 25.5% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Johnson County Learning Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.4% | +4.3% | -8.4% |
| 2022 | +25.3% | -9.9% | +26.6% |
| 2021 | -25.7% | -12.7% | +5.5% |
| 2020 | +32.6% | +9.1% | +264.5% |
| 2019 | +29.4% | +14.9% | +70.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Johnson County Learning Center Inc with a Mission Score of 90 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, Johnson County Learning Center 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $63K, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size with assets reaching over $700,000.
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 Johnson County Learning Center Inc's IRS 990 filings:
- Operating deficit in the most recent fiscal period (202306), with expenses exceeding revenue by $62,916.
Strengths
The following positive indicators were identified for Johnson County Learning Center Inc:
- Consistent 0% officer compensation across all reported periods, indicating high efficiency in directing funds to programs.
- Significant asset growth over the past decade, from $45,643 in 2014 to $735,454 in 2023.
- Consistent filing of IRS 990s for 14 periods, demonstrating strong transparency.
- Generally healthy revenue streams supporting operations over many years.
Frequently Asked Questions about Johnson County Learning Center Inc
Is Johnson County Learning Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Johnson County Learning Center Inc (EIN: 10970299) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Johnson County Learning Center Inc spend its money?
Johnson County Learning Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Johnson County Learning Center Inc tax-deductible?
Johnson County Learning Center Inc is registered as a tax-exempt nonprofit (EIN: 10970299). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Johnson County Learning Center Inc CEO make?
Johnson County Learning Center Inc's highest-compensated officer earns $700,000. annually. The organization reported $485K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Johnson County Learning Center Inc's spending goes to programs?
Johnson County Learning Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Johnson County Learning Center Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Johnson County Learning Center Inc is above average for NTEE category P33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Johnson County Learning Center Inc located?
Johnson County Learning Center Inc is headquartered in Whiteland, Indiana and files with the IRS under EIN 10970299. It is classified under NTEE code P33.
How many years of IRS 990 filings does Johnson County Learning Center Inc have?
Johnson County Learning Center 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 $485K in total revenue.
Is Johnson County Learning Center Inc a good charity?
Based on the available data, Johnson County Learning Center Inc appears to be a good charity. It demonstrates strong financial transparency through consistent 990 filings, has shown significant asset growth over time, and notably reports 0% officer compensation, indicating a strong commitment to its mission.
What caused the deficit in 2023?
In 2023, the organization reported revenue of $222,290 and expenses of $285,206, resulting in a deficit of $62,916. The specific causes are not detailed in the summary data, but it represents a decrease in revenue compared to previous years ($477,199 in 2022) while expenses remained relatively stable or slightly increased.
How has the organization's financial stability changed over the past decade?
The organization's financial stability has significantly improved over the past decade. Assets grew from $45,643 in 2014 to $735,454 in 2023, demonstrating substantial growth and accumulation of resources. While liabilities have appeared in recent years, the overall asset base has expanded considerably.
Filing History
IRS 990 filing history for Johnson County Learning Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Johnson County Learning Center Inc's revenue has grown by 196.9%, moving from $75K to $222K. Total assets increased by 3862.8% over the same period, from $19K to $735K. Total functional expenses rose by 405.6%, from $56K to $285K. In its most recent filing year (2023), Johnson County Learning Center Inc reported a deficit of $63K, with expenses exceeding revenue. The organization holds $187K in liabilities against $735K in assets (debt-to-asset ratio: 25.5%), resulting in net assets of $548K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $222K | $285K | $735K | $187K | — | — |
| 2022 | $477K | $273K | $803K | $192K | — | View 990 |
| 2021 | $381K | $303K | $634K | $227K | — | View 990 |
| 2020 | $513K | $348K | $601K | $271K | — | View 990 |
| 2019 | $387K | $319K | $165K | $0 | — | View 990 |
| 2018 | $299K | $277K | $97K | $0 | — | View 990 |
| 2017 | $268K | $262K | $75K | $0 | — | View 990 |
| 2016 | $245K | $276K | $69K | $0 | — | View 990 |
| 2015 | $304K | $250K | $100K | $0 | — | View 990 |
| 2014 | $182K | $162K | $46K | $0 | — | View 990 |
| 2013 | $112K | $103K | $26K | $203 | — | View 990 |
| 2012 | $170K | $175K | $17K | $203 | — | View 990 |
| 2011 | $114K | $109K | $24K | $499 | — | View 990 |
| 2010 | $75K | $56K | $19K | $100 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $222K, expenses of $285K, and assets of $735K (revenue -53.4% year-over-year).
- 2022: Revenue of $477K, expenses of $273K, and assets of $803K (revenue +25.3% year-over-year).
- 2021: Revenue of $381K, expenses of $303K, and assets of $634K (revenue -25.7% year-over-year).
- 2020: Revenue of $513K, expenses of $348K, and assets of $601K (revenue +32.6% year-over-year).
- 2019: Revenue of $387K, expenses of $319K, and assets of $165K (revenue +29.4% year-over-year).
- 2018: Revenue of $299K, expenses of $277K, and assets of $97K (revenue +11.5% year-over-year).
- 2017: Revenue of $268K, expenses of $262K, and assets of $75K (revenue +9.5% year-over-year).
- 2016: Revenue of $245K, expenses of $276K, and assets of $69K (revenue -19.6% year-over-year).
- 2015: Revenue of $304K, expenses of $250K, and assets of $100K (revenue +67.4% year-over-year).
- 2014: Revenue of $182K, expenses of $162K, and assets of $46K (revenue +62.8% year-over-year).
- 2013: Revenue of $112K, expenses of $103K, and assets of $26K (revenue -34.1% year-over-year).
- 2012: Revenue of $170K, expenses of $175K, and assets of $17K (revenue +48.7% year-over-year).
- 2011: Revenue of $114K, expenses of $109K, and assets of $24K (revenue +52.3% year-over-year).
- 2010: Revenue of $75K, expenses of $56K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Johnson County Learning Center Inc:
Data Sources and Methodology
This transparency report for Johnson County Learning Center 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.