Journeys In Education Inc
Journeys In Education Inc maintains stable operations but faces high liabilities relative to assets in recent years.
EIN: 20527431 · Peterborough, NH · NTEE: A51 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $327K |
| Total Expenses | $312K |
| Program Spending | 80% |
| Net Assets | $-102,341 |
| Transparency Score | 75/100 |
Is Journeys In Education Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Journeys In Education Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Journeys In Education Inc
Journeys In Education Inc (EIN: 20527431) is a nonprofit organization based in Peterborough, NH, classified under NTEE code A51. The organization reported total revenue of $327K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Journeys In Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Journeys In Education Inc is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $319K |
| Total Expenses | $312K |
| Surplus / Deficit | +$6K |
| Total Assets | $78K |
| Total Liabilities | $181K |
| Net Assets | $-102,341 |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 230.7% |
| Months of Reserves | 3.0 months |
Financial Health Grade: A
In 2023, Journeys In Education Inc reported a surplus of $6K with revenue exceeding expenses, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 230.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Journeys In Education Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.7% | -14.0% | +31.5% |
| 2022 | -12.9% | +16.1% | -15.7% |
| 2021 | +20.2% | -3.3% | +1.7% |
| 2020 | -14.8% | +4.2% | +46.7% |
| 2019 | +5.2% | +12.2% | -12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
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 Journeys In Education Inc 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, Journeys In Education Inc 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 230.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is a strong positive for resource allocation.
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 Journeys In Education Inc's IRS 990 filings:
- High liabilities relative to assets, particularly in 2022 and 2023 ($180,671 liabilities vs. $78,330 assets in 2023).
- Inconsistent asset growth, with assets fluctuating and not keeping pace with liabilities.
Strengths
The following positive indicators were identified for Journeys In Education Inc:
- Consistent revenue generation over the past decade, indicating stable donor support or program income.
- Zero officer compensation reported across all filings, suggesting efficient use of funds for mission-related activities.
- Expenses generally align closely with revenues, indicating responsible spending and operational management.
Frequently Asked Questions about Journeys In Education Inc
Is Journeys In Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Journeys In Education Inc (EIN: 20527431) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Journeys In Education Inc spend its money?
Journeys In Education Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Journeys In Education Inc tax-deductible?
Journeys In Education Inc is registered as a tax-exempt nonprofit (EIN: 20527431). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Journeys In Education Inc's spending goes to programs?
Journeys In Education Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Journeys In Education Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Journeys In Education Inc is above average for NTEE category A51 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Journeys In Education Inc located?
Journeys In Education Inc is headquartered in Peterborough, New Hampshire and files with the IRS under EIN 20527431. It is classified under NTEE code A51.
How many years of IRS 990 filings does Journeys In Education Inc have?
Journeys In Education Inc 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 $327K in total revenue.
Is Journeys In Education Inc a good charity?
Journeys In Education Inc appears to be a reasonably good charity, especially given its consistent operations and zero officer compensation. However, the high liabilities in recent years relative to assets warrant further investigation to understand their nature and sustainability.
What are the primary financial risks for Journeys In Education Inc?
The primary financial risk for Journeys In Education Inc is its high liabilities, which reached $180,671 in 2023 against assets of only $78,330. This significant imbalance could indicate liquidity challenges or a reliance on debt/deferred obligations.
How has Journeys In Education Inc's financial health changed over time?
While revenues and expenses have remained relatively stable, the organization's liabilities have significantly increased in recent years, particularly from 2021 to 2023, moving from $99,255 to $180,671, which is a notable shift in its financial structure.
Filing History
IRS 990 filing history for Journeys In Education Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Journeys In Education Inc's revenue has grown by 18.4%, moving from $269K to $319K. Total assets increased by 19.8% over the same period, from $65K to $78K. Total functional expenses rose by 27.9%, from $244K to $312K. In its most recent filing year (2023), Journeys In Education Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $181K in liabilities against $78K in assets (debt-to-asset ratio: 230.7%), resulting in net assets of $-102,341.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $319K | $312K | $78K | $181K | — | — |
| 2022 | $273K | $363K | $60K | $178K | — | View 990 |
| 2021 | $314K | $313K | $71K | $99K | — | View 990 |
| 2020 | $261K | $324K | $69K | $104K | — | View 990 |
| 2019 | $306K | $311K | $47K | $19K | — | View 990 |
| 2018 | $291K | $277K | $54K | $21K | — | View 990 |
| 2017 | $285K | $272K | $58K | $39K | — | — |
| 2016 | $245K | $273K | $42K | $37K | — | View 990 |
| 2015 | $271K | $275K | $56K | $22K | — | View 990 |
| 2014 | $281K | $304K | $64K | $26K | — | View 990 |
| 2013 | $356K | $340K | $76K | $15K | — | View 990 |
| 2012 | $292K | $310K | $65K | $20K | — | View 990 |
| 2011 | $269K | $244K | $65K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $319K, expenses of $312K, and assets of $78K (revenue +16.7% year-over-year).
- 2022: Revenue of $273K, expenses of $363K, and assets of $60K (revenue -12.9% year-over-year).
- 2021: Revenue of $314K, expenses of $313K, and assets of $71K (revenue +20.2% year-over-year).
- 2020: Revenue of $261K, expenses of $324K, and assets of $69K (revenue -14.8% year-over-year).
- 2019: Revenue of $306K, expenses of $311K, and assets of $47K (revenue +5.2% year-over-year).
- 2018: Revenue of $291K, expenses of $277K, and assets of $54K (revenue +2.0% year-over-year).
- 2017: Revenue of $285K, expenses of $272K, and assets of $58K (revenue +16.4% year-over-year).
- 2016: Revenue of $245K, expenses of $273K, and assets of $42K (revenue -9.5% year-over-year).
- 2015: Revenue of $271K, expenses of $275K, and assets of $56K (revenue -3.7% year-over-year).
- 2014: Revenue of $281K, expenses of $304K, and assets of $64K (revenue -21.1% year-over-year).
- 2013: Revenue of $356K, expenses of $340K, and assets of $76K (revenue +21.9% year-over-year).
- 2012: Revenue of $292K, expenses of $310K, and assets of $65K (revenue +8.5% year-over-year).
- 2011: Revenue of $269K, expenses of $244K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Journeys In Education Inc:
Data Sources and Methodology
This transparency report for Journeys In Education 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.