League For The Handicapped Inc Preschool Learning Center
League For The Handicapped Inc Preschool Learning Center consistently operates with negative net assets, indicating financial reliance on ongoing revenue.
EIN: 160988866 · Springville, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.7M |
| Total Expenses | $5.1M |
| Program Spending | 85% |
| Net Assets | $-771,776 |
| Transparency Score | 65/100 |
Is League For The Handicapped Inc Preschool Learning Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
League For The Handicapped Inc Preschool Learning Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About League For The Handicapped Inc Preschool Learning Center
League For The Handicapped Inc Preschool Learning Center (EIN: 160988866) is a nonprofit organization based in Springville, NY. The organization reported total revenue of $5.7M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of League For The Handicapped Inc Preschool Learning Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
League For The Handicapped Inc Preschool Learning Center is a mid-size nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $5.1M |
| Surplus / Deficit | $-112,744 |
| Total Assets | $989K |
| Total Liabilities | $1.8M |
| Net Assets | $-771,776 |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 178.1% |
| Months of Reserves | 2.3 months |
Financial Health Grade: D
In 2023, League For The Handicapped Inc Preschool Learning Center reported a deficit of $113K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 178.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), League For The Handicapped Inc Preschool Learning Center's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.8% | +5.5% | +1.9% |
| 2022 | +22.2% | +13.3% | -40.7% |
| 2021 | -15.6% | -7.5% | +1.6% |
| 2020 | -0.9% | -0.8% | +60.8% |
| 2019 | +7.4% | +6.0% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1978 |
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 League For The Handicapped Inc Preschool Learning Center with a Mission Score of 65 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, League For The Handicapped Inc Preschool Learning Center 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $113K, with expenses exceeding revenue.
- Debt-to-asset ratio: 178.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting either a fully volunteer leadership or that compensation is categorized differently, which enhances transparency regarding direct officer pay.
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 League For The Handicapped Inc Preschool Learning Center's IRS 990 filings:
- Consistent negative net assets (liabilities exceed assets in all reported periods, e.g., $1,760,343 liabilities vs. $988,567 assets in 2023).
- Frequent deficit spending where expenses exceed revenue (e.g., $5,127,210 expenses vs. $5,014,466 revenue in 2023).
- Lack of financial reserves indicated by the negative net asset position, potentially impacting long-term sustainability.
Strengths
The following positive indicators were identified for League For The Handicapped Inc Preschool Learning Center:
- Consistent revenue generation over the past decade, indicating stable program demand and funding sources.
- No reported officer compensation, suggesting a commitment to minimizing administrative overhead at the executive level.
- Steady operational presence for over a decade, demonstrating resilience and continued service delivery.
Frequently Asked Questions about League For The Handicapped Inc Preschool Learning Center
Is League For The Handicapped Inc Preschool Learning Center a legitimate charity?
League For The Handicapped Inc Preschool Learning Center (EIN: 160988866) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.7M. 3 red flags identified. 3 strengths noted. Financial health grade: D.
How does League For The Handicapped Inc Preschool Learning Center spend its money?
League For The Handicapped Inc Preschool Learning Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to League For The Handicapped Inc Preschool Learning Center tax-deductible?
League For The Handicapped Inc Preschool Learning Center is registered as a tax-exempt nonprofit (EIN: 160988866). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of League For The Handicapped Inc Preschool Learning Center's spending goes to programs?
League For The Handicapped Inc Preschool Learning Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is League For The Handicapped Inc Preschool Learning Center located?
League For The Handicapped Inc Preschool Learning Center is headquartered in Springville, New York and files with the IRS under EIN 160988866.
How many years of IRS 990 filings does League For The Handicapped Inc Preschool Learning Center have?
League For The Handicapped Inc Preschool Learning Center 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 $5.7M in total revenue.
Is League For The Handicapped Inc Preschool Learning Center a good charity?
The organization appears to be dedicated to its mission, as evidenced by consistent operations and no reported officer compensation. However, its persistent negative net assets, with liabilities exceeding assets (e.g., $1,760,343 in liabilities vs. $988,567 in assets in 2023), suggest financial instability and a lack of reserves, which is a concern for long-term viability.
Why does the organization consistently have negative net assets?
The consistent reporting of liabilities exceeding assets (e.g., $1,760,343 in liabilities vs. $988,567 in assets in 2023) indicates that the organization's financial obligations are greater than its owned resources. This could be due to significant debt, deferred revenue, or a lack of accumulated surplus funds over time.
How does the organization manage its financial deficits?
The organization frequently incurs expenses slightly higher than its revenue (e.g., $5,127,210 in expenses vs. $5,014,466 in revenue in 2023). This suggests a reliance on continuous incoming funds to cover operational costs, potentially drawing down any limited reserves or increasing liabilities.
Filing History
IRS 990 filing history for League For The Handicapped Inc Preschool Learning Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), League For The Handicapped Inc Preschool Learning Center's revenue has grown by 7.4%, moving from $4.7M to $5.0M. Total assets decreased by 14.1% over the same period, from $1.2M to $989K. Total functional expenses rose by 9.7%, from $4.7M to $5.1M. In its most recent filing year (2023), League For The Handicapped Inc Preschool Learning Center reported a deficit of $113K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $989K in assets (debt-to-asset ratio: 178.1%), resulting in net assets of $-771,776.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $5.1M | $989K | $1.8M | — | View 990 |
| 2022 | $4.8M | $4.9M | $970K | $1.6M | — | View 990 |
| 2021 | $3.9M | $4.3M | $1.6M | $2.2M | — | View 990 |
| 2020 | $4.6M | $4.6M | $1.6M | $1.8M | — | View 990 |
| 2019 | $4.7M | $4.7M | $1.0M | $1.2M | — | View 990 |
| 2018 | $4.4M | $4.4M | $1.0M | $1.2M | — | View 990 |
| 2017 | $4.1M | $4.3M | $983K | $1.1M | — | View 990 |
| 2016 | $4.1M | $4.3M | $1.1M | $1.1M | — | View 990 |
| 2015 | $4.0M | $4.3M | $1.1M | $896K | — | View 990 |
| 2014 | $4.1M | $4.1M | $1.2M | $743K | — | View 990 |
| 2013 | $4.0M | $4.0M | $1.0M | $517K | — | View 990 |
| 2012 | $4.2M | $4.5M | $824K | $304K | — | View 990 |
| 2011 | $4.7M | $4.7M | $1.2M | $306K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $5.1M, and assets of $989K (revenue +4.8% year-over-year).
- 2022: Revenue of $4.8M, expenses of $4.9M, and assets of $970K (revenue +22.2% year-over-year).
- 2021: Revenue of $3.9M, expenses of $4.3M, and assets of $1.6M (revenue -15.6% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.6M, and assets of $1.6M (revenue -0.9% year-over-year).
- 2019: Revenue of $4.7M, expenses of $4.7M, and assets of $1.0M (revenue +7.4% year-over-year).
- 2018: Revenue of $4.4M, expenses of $4.4M, and assets of $1.0M (revenue +5.5% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.3M, and assets of $983K (revenue -0.6% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.3M, and assets of $1.1M (revenue +4.1% year-over-year).
- 2015: Revenue of $4.0M, expenses of $4.3M, and assets of $1.1M (revenue -1.9% year-over-year).
- 2014: Revenue of $4.1M, expenses of $4.1M, and assets of $1.2M (revenue +0.8% year-over-year).
- 2013: Revenue of $4.0M, expenses of $4.0M, and assets of $1.0M (revenue -3.3% year-over-year).
- 2012: Revenue of $4.2M, expenses of $4.5M, and assets of $824K (revenue -10.7% year-over-year).
- 2011: Revenue of $4.7M, expenses of $4.7M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for League For The Handicapped Inc Preschool Learning Center:
Data Sources and Methodology
This transparency report for League For The Handicapped Inc Preschool Learning Center 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.