Learn & Play Enrichment Academy
EIN: 815118564 · Hot Springs, AR · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $2.0M |
| Net Assets | $761K |
Is Learn & Play Enrichment Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Learn & Play Enrichment Academy
Learn & Play Enrichment Academy (EIN: 815118564) is a nonprofit organization based in Hot Springs, AR, classified under NTEE code P33. The organization reported total revenue of $1.8M and total assets of $485K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learn & Play Enrichment Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Learn & Play Enrichment Academy is a mid-size nonprofit that has been operating for 8 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 27.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-280,674 |
| Total Assets | $777K |
| Total Liabilities | $15K |
| Net Assets | $761K |
| Operating Margin | -16.5% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2023, Learn & Play Enrichment Academy reported a deficit of $281K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Learn & Play Enrichment Academy's revenue has grown at a compound annual growth rate (CAGR) of 27.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.9% | +8.4% | -25.8% |
| 2022 | +32.5% | +17.6% | +69.8% |
| 2021 | +20.5% | +10.0% | -6.2% |
| 2020 | +3.3% | +23.2% | +41.7% |
| 2019 | +48.7% | +36.7% | +102.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Learn & Play Enrichment Academy 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 Learn & Play Enrichment Academy 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 $281K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Frequently Asked Questions about Learn & Play Enrichment Academy
Is Learn & Play Enrichment Academy a legitimate charity?
Learn & Play Enrichment Academy (EIN: 815118564) is a registered tax-exempt nonprofit based in Arkansas. It has 7 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: B.
How does Learn & Play Enrichment Academy spend its money?
Learn & Play Enrichment Academy reported $1.8M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Learn & Play Enrichment Academy tax-deductible?
Learn & Play Enrichment Academy is registered as a tax-exempt nonprofit (EIN: 815118564). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Learn & Play Enrichment Academy located?
Learn & Play Enrichment Academy is headquartered in Hot Springs, Arkansas and files with the IRS under EIN 815118564. It is classified under NTEE code P33.
How many years of IRS 990 filings does Learn & Play Enrichment Academy have?
Learn & Play Enrichment Academy 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Learn & Play Enrichment Academy showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Learn & Play Enrichment Academy's revenue has grown by 337.2%, moving from $389K to $1.7M. Total assets increased by 261.9% over the same period, from $215K to $777K. Total functional expenses rose by 686.8%, from $252K to $2.0M. In its most recent filing year (2023), Learn & Play Enrichment Academy reported a deficit of $281K, with expenses exceeding revenue. The organization holds $15K in liabilities against $777K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $761K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.0M | $777K | $15K | — | — |
| 2022 | $2.3M | $1.8M | $1.0M | $5K | — | View 990 |
| 2021 | $1.7M | $1.6M | $617K | $12K | — | View 990 |
| 2020 | $1.4M | $1.4M | $658K | $207K | — | — |
| 2019 | $1.4M | $1.1M | $464K | $15K | — | View 990 |
| 2018 | $923K | $838K | $229K | $7K | — | View 990 |
| 2017 | $389K | $252K | $215K | $78K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.0M, and assets of $777K (revenue -24.9% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.8M, and assets of $1.0M (revenue +32.5% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.6M, and assets of $617K (revenue +20.5% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $658K (revenue +3.3% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.1M, and assets of $464K (revenue +48.7% year-over-year).
- 2018: Revenue of $923K, expenses of $838K, and assets of $229K (revenue +137.6% year-over-year).
- 2017: Revenue of $389K, expenses of $252K, and assets of $215K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Learn & Play Enrichment Academy:
Data Sources and Methodology
This transparency report for Learn & Play Enrichment Academy 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.