Lead Education Group Inc
EIN: 272456254 · Wheaton, IL · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $547K |
| Total Expenses | $332K |
| Net Assets | $208K |
Is Lead Education Group Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lead Education Group Inc
Lead Education Group Inc (EIN: 272456254) is a nonprofit organization based in Wheaton, IL, classified under NTEE code B99. The organization reported total revenue of $547K and total assets of $352K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lead Education Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lead Education Group Inc is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $363K |
| Total Expenses | $332K |
| Surplus / Deficit | +$30K |
| Total Assets | $214K |
| Total Liabilities | $5K |
| Net Assets | $208K |
| Operating Margin | 8.3% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Lead Education Group Inc reported a surplus of $30K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), Lead Education Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.4% | -12.0% | +16.6% |
| 2022 | +6.2% | -15.3% | +24.0% |
| 2021 | -0.6% | +24.5% | -30.2% |
| 2020 | -19.3% | -31.6% | +15.7% |
| 2019 | +3.1% | +4.9% | -15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lead Education Group Inc 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 Lead Education Group Inc 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 surplus of $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Frequently Asked Questions about Lead Education Group Inc
Is Lead Education Group Inc a legitimate charity?
Lead Education Group Inc (EIN: 272456254) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $547K. No red flags identified. Financial health grade: A.
How does Lead Education Group Inc spend its money?
Lead Education Group Inc reported $547K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lead Education Group Inc tax-deductible?
Lead Education Group Inc is registered as a tax-exempt nonprofit (EIN: 272456254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lead Education Group Inc located?
Lead Education Group Inc is headquartered in Wheaton, Illinois and files with the IRS under EIN 272456254. It is classified under NTEE code B99.
How many years of IRS 990 filings does Lead Education Group Inc have?
Lead Education Group 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 $547K in total revenue.
Filing History
IRS 990 filing history for Lead Education Group Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Lead Education Group Inc's revenue has grown by 229.3%, moving from $110K to $363K. Total assets increased by 223.1% over the same period, from $66K to $214K. Total functional expenses rose by 529.9%, from $53K to $332K. In its most recent filing year (2023), Lead Education Group Inc reported a surplus of $30K, with revenue exceeding expenses. The organization holds $5K in liabilities against $214K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $208K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $363K | $332K | $214K | $5K | — | View 990 |
| 2022 | $414K | $378K | $183K | $5K | — | View 990 |
| 2021 | $390K | $446K | $148K | $6K | — | View 990 |
| 2020 | $392K | $358K | $212K | $13K | — | — |
| 2019 | $486K | $524K | $183K | $18K | — | View 990 |
| 2018 | $471K | $499K | $216K | $13K | — | View 990 |
| 2017 | $363K | $348K | $239K | $8K | — | View 990 |
| 2016 | $205K | $239K | $226K | $10K | — | View 990 |
| 2015 | $306K | $177K | $285K | $35K | — | View 990 |
| 2014 | $252K | $224K | $126K | $4K | — | View 990 |
| 2013 | $219K | $198K | $93K | $-1,357 | — | View 990 |
| 2012 | $186K | $171K | $73K | $1K | — | View 990 |
| 2012 | $110K | $53K | $66K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $363K, expenses of $332K, and assets of $214K (revenue -12.4% year-over-year).
- 2022: Revenue of $414K, expenses of $378K, and assets of $183K (revenue +6.2% year-over-year).
- 2021: Revenue of $390K, expenses of $446K, and assets of $148K (revenue -0.6% year-over-year).
- 2020: Revenue of $392K, expenses of $358K, and assets of $212K (revenue -19.3% year-over-year).
- 2019: Revenue of $486K, expenses of $524K, and assets of $183K (revenue +3.1% year-over-year).
- 2018: Revenue of $471K, expenses of $499K, and assets of $216K (revenue +29.8% year-over-year).
- 2017: Revenue of $363K, expenses of $348K, and assets of $239K (revenue +77.1% year-over-year).
- 2016: Revenue of $205K, expenses of $239K, and assets of $226K (revenue -33.0% year-over-year).
- 2015: Revenue of $306K, expenses of $177K, and assets of $285K (revenue +21.3% year-over-year).
- 2014: Revenue of $252K, expenses of $224K, and assets of $126K (revenue +15.0% year-over-year).
- 2013: Revenue of $219K, expenses of $198K, and assets of $93K (revenue +18.0% year-over-year).
- 2012: Revenue of $186K, expenses of $171K, and assets of $73K (revenue +68.7% year-over-year).
- 2012: Revenue of $110K, expenses of $53K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lead Education Group Inc:
Data Sources and Methodology
This transparency report for Lead Education Group 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.