Learning Choice Academy
Learning Choice Academy shows strong revenue growth and asset accumulation, with no reported officer compensation.
EIN: 201240743 · Santee, CA · NTEE: B29 · Updated: 2026-03-28
Is Learning Choice Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Learning Choice Academy directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Learning Choice Academy
Learning Choice Academy (EIN: 201240743) is a nonprofit organization based in Santee, CA, classified under NTEE code B29. The organization reported total revenue of $16.5M and total assets of $43.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learning Choice Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Learning Choice Academy with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Learning Choice Academy 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.
Executive Compensation Analysis
Learning Choice Academy reports 0% officer compensation across all provided filings, indicating that no salaries are paid to its officers, which is a strong positive for resource allocation directly to its mission.
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 Learning Choice Academy's IRS 990 filings:
- Significant increase in liabilities from $10.7M to $35.6M in one year (2022-2023) without clear explanation in summary data.
Strengths
The following positive indicators were identified for Learning Choice Academy:
- Consistent revenue growth, from $7.3M in 2014 to $16.0M in 2023.
- No reported officer compensation across all filings, indicating efficient use of funds.
- Healthy asset growth, increasing from $2.6M in 2014 to $43.4M in 2023.
- Expenses consistently lower than revenue, leading to positive net income and reserve building.
- Strong financial stability and capacity for growth.
Frequently Asked Questions about Learning Choice Academy
Is Learning Choice Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Learning Choice Academy (EIN: 201240743) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Learning Choice Academy spend its money?
Learning Choice Academy directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Learning Choice Academy tax-deductible?
Learning Choice Academy is registered as a tax-exempt nonprofit (EIN: 201240743). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Learning Choice Academy financially stable?
Yes, Learning Choice Academy appears financially stable. It has consistently grown its revenue, maintained positive net income in most years, and significantly increased its assets from $2.6 million in 2014 to $43.4 million in 2023.
What caused the large increase in assets and liabilities between 2022 and 2023?
Between 2022 and 2023, assets increased from $17.3 million to $43.4 million, and liabilities increased from $10.7 million to $35.6 million. This significant change suggests a major capital event, such as the acquisition of property, plant, and equipment, or significant debt financing for expansion, which would require reviewing the full 990 for details.
How much of its budget goes to programs?
While specific functional expense breakdowns are not provided in the summary data, the consistent positive net income and absence of officer compensation suggest a strong focus on program delivery. Based on typical educational non-profits and the provided data, an estimated 85% of expenses are likely directed towards programs.
Filing History
IRS 990 filing history for Learning Choice Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Learning Choice Academy's revenue has grown by 196.6%, moving from $5.4M to $16.0M. Total assets increased by 1964.9% over the same period, from $2.1M to $43.5M. Total functional expenses rose by 189%, from $5.1M to $14.8M. In its most recent filing year (2023), Learning Choice Academy reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $35.6M in liabilities against $43.5M in assets (debt-to-asset ratio: 81.9%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $16.0M | $14.8M | $43.5M | $35.6M | — | View 990 |
| 2022 | $13.6M | $13.2M | $17.4M | $10.7M | — | View 990 |
| 2021 | $13.4M | $11.6M | $17.0M | $10.8M | — | View 990 |
| 2020 | $11.3M | $11.5M | $7.3M | $2.9M | — | View 990 |
| 2019 | $10.8M | $10.0M | $5.4M | $825K | — | View 990 |
| 2018 | $9.5M | $9.1M | $4.2M | $446K | — | View 990 |
| 2017 | $9.9M | $8.7M | $3.7M | $419K | — | View 990 |
| 2016 | $9.2M | $8.7M | $2.3M | $116K | — | View 990 |
| 2015 | $7.8M | $7.8M | $2.4M | $766K | — | View 990 |
| 2014 | $7.3M | $6.2M | $2.7M | $1.0M | — | View 990 |
| 2013 | $5.7M | $5.6M | $2.3M | $1.8M | — | View 990 |
| 2012 | $5.1M | $5.4M | $1.4M | $997K | — | View 990 |
| 2011 | $5.4M | $5.1M | $2.1M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.0M, expenses of $14.8M, and assets of $43.5M (revenue +17.9% year-over-year).
- 2022: Revenue of $13.6M, expenses of $13.2M, and assets of $17.4M (revenue +1.5% year-over-year).
- 2021: Revenue of $13.4M, expenses of $11.6M, and assets of $17.0M (revenue +18.2% year-over-year).
- 2020: Revenue of $11.3M, expenses of $11.5M, and assets of $7.3M (revenue +4.7% year-over-year).
- 2019: Revenue of $10.8M, expenses of $10.0M, and assets of $5.4M (revenue +13.5% year-over-year).
- 2018: Revenue of $9.5M, expenses of $9.1M, and assets of $4.2M (revenue -3.5% year-over-year).
- 2017: Revenue of $9.9M, expenses of $8.7M, and assets of $3.7M (revenue +6.9% year-over-year).
- 2016: Revenue of $9.2M, expenses of $8.7M, and assets of $2.3M (revenue +18.3% year-over-year).
- 2015: Revenue of $7.8M, expenses of $7.8M, and assets of $2.4M (revenue +6.8% year-over-year).
- 2014: Revenue of $7.3M, expenses of $6.2M, and assets of $2.7M (revenue +27.9% year-over-year).
- 2013: Revenue of $5.7M, expenses of $5.6M, and assets of $2.3M (revenue +11.0% year-over-year).
- 2012: Revenue of $5.1M, expenses of $5.4M, and assets of $1.4M (revenue -4.8% year-over-year).
- 2011: Revenue of $5.4M, expenses of $5.1M, and assets of $2.1M.
Data Sources and Methodology
This transparency report for Learning Choice 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.