Ladders To Leaders
EIN: 472469738 · Smithsburg, MD · NTEE: P50
| Metric | Value |
|---|---|
| Total Revenue | $561K |
| Total Expenses | $278K |
| Net Assets | $109K |
Is Ladders To Leaders Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ladders To Leaders
Ladders To Leaders (EIN: 472469738) is a nonprofit organization based in Smithsburg, MD, classified under NTEE code P50. The organization reported total revenue of $561K and total assets of $148K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ladders To Leaders's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ladders To Leaders is a small nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 22.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $278K |
| Total Expenses | $278K |
| Surplus / Deficit | $-417 |
| Total Assets | $121K |
| Total Liabilities | $12K |
| Net Assets | $109K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 10.1% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2023, Ladders To Leaders reported a deficit of $417 with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 10.1% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Ladders To Leaders's revenue has grown at a compound annual growth rate (CAGR) of 22.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.3% | +114.3% | +9.0% |
| 2022 | +32.1% | +17.5% | +70.2% |
| 2021 | -5.6% | -11.4% | +30.6% |
| 2020 | -26.9% | -46.7% | — |
| 2019 | +43.2% | +112.4% | -126.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ladders To Leaders 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 Ladders To Leaders 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $417, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.1%.
Frequently Asked Questions about Ladders To Leaders
Is Ladders To Leaders a legitimate charity?
Based on AI analysis of IRS 990 filings, Ladders To Leaders (EIN: 472469738) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ladders To Leaders spend its money?
Detailed spending breakdown data is not yet available for Ladders To Leaders. Check back for updated IRS 990 analysis.
Are donations to Ladders To Leaders tax-deductible?
Ladders To Leaders is registered as a tax-exempt nonprofit (EIN: 472469738). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ladders To Leaders located?
Ladders To Leaders is headquartered in Smithsburg, Maryland and files with the IRS under EIN 472469738. It is classified under NTEE code P50.
How many years of IRS 990 filings does Ladders To Leaders have?
Ladders To Leaders has 7 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 $561K in total revenue.
Filing History
IRS 990 filing history for Ladders To Leaders showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Ladders To Leaders's revenue has grown by 239.1%, moving from $82K to $278K. Total assets increased by 441.9% over the same period, from $22K to $121K. Total functional expenses rose by 328.1%, from $65K to $278K. In its most recent filing year (2023), Ladders To Leaders reported a deficit of $417, with expenses exceeding revenue. The organization holds $12K in liabilities against $121K in assets (debt-to-asset ratio: 10.1%), resulting in net assets of $109K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $278K | $278K | $121K | $12K | — | — |
| 2022 | $175K | $130K | $111K | $2K | — | View 990 |
| 2021 | $133K | $110K | $65K | $26K | — | View 990 |
| 2020 | $141K | $125K | $50K | $34K | — | View 990 |
| 2019 | $192K | $233K | $-9,295 | $2K | — | View 990 |
| 2018 | $134K | $110K | $35K | $5K | — | View 990 |
| 2017 | $82K | $65K | $22K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $278K, expenses of $278K, and assets of $121K (revenue +58.3% year-over-year).
- 2022: Revenue of $175K, expenses of $130K, and assets of $111K (revenue +32.1% year-over-year).
- 2021: Revenue of $133K, expenses of $110K, and assets of $65K (revenue -5.6% year-over-year).
- 2020: Revenue of $141K, expenses of $125K, and assets of $50K (revenue -26.9% year-over-year).
- 2019: Revenue of $192K, expenses of $233K, and assets of $-9,295 (revenue +43.2% year-over-year).
- 2018: Revenue of $134K, expenses of $110K, and assets of $35K (revenue +64.1% year-over-year).
- 2017: Revenue of $82K, expenses of $65K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ladders To Leaders:
Data Sources and Methodology
This transparency report for Ladders To Leaders 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.