Julies Family Learning Program Inc
Julies Family Learning Program Inc shows recent financial stability and no reported executive compensation.
EIN: 113692512 · South Boston, MA · NTEE: P20 · Updated: 2026-03-28
About Julies Family Learning Program Inc
Julies Family Learning Program Inc (EIN: 113692512) is a nonprofit organization based in South Boston, MA, classified under NTEE code P20. The organization reported total revenue of $2.0M and total assets of $881K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Julies Family Learning Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Julies Family Learning Program 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, Julies Family Learning Program 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is exceptional for an organization of its size with recent revenues exceeding $2 million, indicating a strong dedication to program delivery.
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 Julies Family Learning Program Inc's IRS 990 filings:
- Periods of deficit spending where expenses exceeded revenue, such as in 202206 and 202306.
Strengths
The following positive indicators were identified for Julies Family Learning Program Inc:
- Consistent 0% officer compensation, indicating high efficiency in directing funds to programs.
- Recent positive operating margin in 202406, with revenue of $1,785,707 exceeding expenses of $1,600,727.
- Consistent filing of IRS 990 forms, demonstrating good transparency.
- Growth in revenue from $932,141 in 201906 to $1,785,707 in 202406.
Frequently Asked Questions about Julies Family Learning Program Inc
Is Julies Family Learning Program Inc a good charity?
Based on the available data, Julies Family Learning Program Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong focus on its mission. While there have been periods of deficit spending, the most recent filing shows a healthy operating surplus, and the organization maintains a reasonable asset base.
How has the organization's financial health changed over time?
The organization has experienced fluctuations in its financial health. For instance, in 202206, expenses ($1,552,772) significantly outpaced revenue ($1,352,900). However, the latest filing for 202406 shows a positive trend with revenue ($1,785,707) exceeding expenses ($1,600,727), suggesting improved financial management and growth.
What is the trend in the organization's assets?
Assets have fluctuated over the years, peaking at $1,122,051 in 201506 and dipping to $387,678 in 202206. The most recent filing for 202406 shows assets at $618,335, indicating a recovery and stabilization in its asset base.
Filing History
IRS 990 filing history for Julies Family Learning Program Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Julies Family Learning Program Inc's revenue has grown by 5.3%, moving from $1.7M to $1.8M. Total assets decreased by 65.6% over the same period, from $1.8M to $618K. Total functional expenses rose by 21.7%, from $1.3M to $1.6M. In its most recent filing year (2024), Julies Family Learning Program Inc reported a surplus of $185K, with revenue exceeding expenses. The organization holds $89K in liabilities against $618K in assets (debt-to-asset ratio: 14.4%), resulting in net assets of $529K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.8M | $1.6M | $618K | $89K | — | View 990 |
| 2023 | $1.5M | $1.5M | $500K | $156K | — | — |
| 2022 | $1.4M | $1.6M | $388K | $60K | — | View 990 |
| 2021 | $1.2M | $1.2M | $571K | $43K | — | — |
| 2020 | $1.4M | $1.3M | $689K | $172K | — | View 990 |
| 2019 | $932K | $1.1M | $499K | $77K | — | View 990 |
| 2018 | $1.1M | $1.2M | $678K | $48K | — | View 990 |
| 2017 | $1.2M | $1.3M | $818K | $44K | — | View 990 |
| 2016 | $1.1M | $1.3M | $907K | $41K | — | View 990 |
| 2015 | $1.3M | $1.3M | $1.1M | $40K | — | View 990 |
| 2014 | $1.2M | $1.4M | $1.1M | $25K | — | View 990 |
| 2013 | $1.2M | $1.4M | $1.3M | $36K | — | View 990 |
| 2012 | $964K | $1.3M | $1.5M | $38K | — | View 990 |
| 2011 | $1.7M | $1.3M | $1.8M | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.8M, expenses of $1.6M, and assets of $618K (revenue +18.5% year-over-year).
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $500K (revenue +11.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.6M, and assets of $388K (revenue +10.6% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $571K (revenue -15.2% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $689K (revenue +54.7% year-over-year).
- 2019: Revenue of $932K, expenses of $1.1M, and assets of $499K (revenue -15.5% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $678K (revenue -8.6% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $818K (revenue +10.7% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.3M, and assets of $907K (revenue -17.6% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $1.1M (revenue +9.6% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.4M, and assets of $1.1M (revenue +4.8% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.4M, and assets of $1.3M (revenue +19.4% year-over-year).
- 2012: Revenue of $964K, expenses of $1.3M, and assets of $1.5M (revenue -43.1% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.3M, and assets of $1.8M.
Data Sources and Methodology
This transparency report for Julies Family Learning Program 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.