Laurens Institute For Education
Laurens Institute For Education shows consistent revenue growth and high program spending, with no reported officer compensation.
EIN: 205959213 · Gilbert, AZ · NTEE: E30 · Updated: 2026-03-28
Is Laurens Institute For Education Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Laurens Institute For Education directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Laurens Institute For Education
Laurens Institute For Education (EIN: 205959213) is a nonprofit organization based in Gilbert, AZ, classified under NTEE code E30. The organization reported total revenue of $16.7M and total assets of $15.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laurens Institute For Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laurens Institute For Education is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.7M |
| Total Expenses | $14.3M |
| Surplus / Deficit | +$394K |
| Total Assets | $9.4M |
| Total Liabilities | $2.8M |
| Net Assets | $6.6M |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 30.0% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2023, Laurens Institute For Education reported a surplus of $394K with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 30.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Laurens Institute For Education's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.3% | +20.6% | -6.6% |
| 2022 | -5.6% | +8.4% | +50.1% |
| 2021 | +25.5% | +8.2% | +6.6% |
| 2020 | -5.4% | +-0.0% | +39.9% |
| 2019 | -8.0% | -12.9% | +18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Laurens Institute For Education with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Laurens Institute For Education allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $394K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.0%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with annual revenues exceeding $14 million. This could indicate that executive leadership is entirely volunteer-based or compensated through a different classification, which might obscure the true cost of leadership.
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 Laurens Institute For Education's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further inquiry into leadership compensation structures.
Strengths
The following positive indicators were identified for Laurens Institute For Education:
- Strong program spending ratio (90% of expenses in 2023), indicating efficient use of funds for its mission.
- Consistent and significant revenue growth over the past decade, from $7.5 million in 2014 to $14.6 million in 2023.
- Healthy growth in assets, from $726,099 in 2014 to $9.4 million in 2023, providing financial stability.
- Low administrative spending ratio (approximately 7% in 2023), suggesting efficient operational management.
Frequently Asked Questions about Laurens Institute For Education
Is Laurens Institute For Education a legitimate charity?
Based on AI analysis of IRS 990 filings, Laurens Institute For Education (EIN: 205959213) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Laurens Institute For Education spend its money?
Laurens Institute For Education directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Laurens Institute For Education tax-deductible?
Laurens Institute For Education is registered as a tax-exempt nonprofit (EIN: 205959213). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Laurens Institute For Education a good charity?
Based on its financial data, Laurens Institute For Education appears to be a good charity, demonstrating strong program spending (90% of expenses in 2023) and consistent revenue growth, indicating effective use of funds towards its mission.
How does Laurens Institute For Education manage its administrative costs?
In 2023, administrative costs accounted for approximately 7% of total expenses, which is a healthy ratio, suggesting efficient operational management relative to its program delivery.
What is the trend in Laurens Institute For Education's financial health?
The organization shows a positive financial trend with consistent revenue growth from $7.5 million in 2014 to $14.6 million in 2023, and a significant increase in assets from $726,099 to $9.4 million over the same period, indicating robust financial health.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation is unusual for an organization of this size and revenue. It suggests that either key leadership roles are entirely volunteer, or compensation is categorized differently, which could impact transparency regarding leadership costs.
Filing History
IRS 990 filing history for Laurens Institute For Education showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Laurens Institute For Education's revenue has grown by 277.4%, moving from $3.9M to $14.7M. Total assets increased by 3527.4% over the same period, from $260K to $9.4M. Total functional expenses rose by 247.7%, from $4.1M to $14.3M. In its most recent filing year (2023), Laurens Institute For Education reported a surplus of $394K, with revenue exceeding expenses. The organization holds $2.8M in liabilities against $9.4M in assets (debt-to-asset ratio: 30.0%), resulting in net assets of $6.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.7M | $14.3M | $9.4M | $2.8M | — | — |
| 2022 | $12.3M | $11.8M | $10.1M | $3.9M | — | — |
| 2021 | $13.0M | $10.9M | $6.7M | $965K | — | View 990 |
| 2020 | $10.4M | $10.1M | $6.3M | $2.6M | — | — |
| 2019 | $11.0M | $10.1M | $4.5M | $1.1M | — | View 990 |
| 2018 | $11.9M | $11.6M | $3.8M | $1.3M | — | View 990 |
| 2017 | $11.4M | $11.1M | $3.3M | $1.1M | — | — |
| 2016 | $10.8M | $10.2M | $2.9M | $1.0M | — | View 990 |
| 2015 | $9.0M | $8.1M | $2.0M | $767K | — | View 990 |
| 2014 | $7.6M | $7.1M | $726K | $390K | — | View 990 |
| 2013 | $4.0M | $4.0M | $306K | $286K | — | View 990 |
| 2012 | $4.4M | $3.9M | $233K | $213K | — | View 990 |
| 2011 | $3.9M | $4.1M | $260K | $712K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.7M, expenses of $14.3M, and assets of $9.4M (revenue +19.3% year-over-year).
- 2022: Revenue of $12.3M, expenses of $11.8M, and assets of $10.1M (revenue -5.6% year-over-year).
- 2021: Revenue of $13.0M, expenses of $10.9M, and assets of $6.7M (revenue +25.5% year-over-year).
- 2020: Revenue of $10.4M, expenses of $10.1M, and assets of $6.3M (revenue -5.4% year-over-year).
- 2019: Revenue of $11.0M, expenses of $10.1M, and assets of $4.5M (revenue -8.0% year-over-year).
- 2018: Revenue of $11.9M, expenses of $11.6M, and assets of $3.8M (revenue +4.6% year-over-year).
- 2017: Revenue of $11.4M, expenses of $11.1M, and assets of $3.3M (revenue +5.2% year-over-year).
- 2016: Revenue of $10.8M, expenses of $10.2M, and assets of $2.9M (revenue +20.3% year-over-year).
- 2015: Revenue of $9.0M, expenses of $8.1M, and assets of $2.0M (revenue +18.9% year-over-year).
- 2014: Revenue of $7.6M, expenses of $7.1M, and assets of $726K (revenue +90.0% year-over-year).
- 2013: Revenue of $4.0M, expenses of $4.0M, and assets of $306K (revenue -9.3% year-over-year).
- 2012: Revenue of $4.4M, expenses of $3.9M, and assets of $233K (revenue +13.1% year-over-year).
- 2011: Revenue of $3.9M, expenses of $4.1M, and assets of $260K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laurens Institute For Education:
Data Sources and Methodology
This transparency report for Laurens Institute For Education 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.