Learning Courage
EIN: 842757690 · Portsmouth, NH · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $614K |
| Total Expenses | $527K |
| Net Assets | $183K |
Is Learning Courage Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Learning Courage
Learning Courage (EIN: 842757690) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code P20. The organization reported total revenue of $614K and total assets of $140K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learning Courage's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Learning Courage is a small nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 59.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $368K |
| Total Expenses | $527K |
| Surplus / Deficit | $-158,982 |
| Total Assets | $192K |
| Total Liabilities | $9K |
| Net Assets | $183K |
| Operating Margin | -43.2% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2023, Learning Courage reported a deficit of $159K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Learning Courage's revenue has grown at a compound annual growth rate (CAGR) of 59.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.7% | +26.7% | -44.3% |
| 2022 | +13.5% | +33.3% | +4.0% |
| 2021 | +54.1% | +1315.3% | +23.8% |
| 2020 | +330.5% | +110.5% | +475.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Learning Courage 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 Learning Courage 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 $159K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.7%.
Frequently Asked Questions about Learning Courage
Is Learning Courage a legitimate charity?
Based on AI analysis of IRS 990 filings, Learning Courage (EIN: 842757690) insufficient data. 0 red flags identified, 0 strengths noted.
How does Learning Courage spend its money?
Detailed spending breakdown data is not yet available for Learning Courage. Check back for updated IRS 990 analysis.
Are donations to Learning Courage tax-deductible?
Learning Courage is registered as a tax-exempt nonprofit (EIN: 842757690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Learning Courage located?
Learning Courage is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 842757690. It is classified under NTEE code P20.
How many years of IRS 990 filings does Learning Courage have?
Learning Courage has 5 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 $614K in total revenue.
Filing History
IRS 990 filing history for Learning Courage showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Learning Courage's revenue has grown by 550.2%, moving from $57K to $368K. Total assets increased by 312.7% over the same period, from $47K to $192K. Total functional expenses rose by 4932.1%, from $10K to $527K. In its most recent filing year (2023), Learning Courage reported a deficit of $159K, with expenses exceeding revenue. The organization holds $9K in liabilities against $192K in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $183K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $368K | $527K | $192K | $9K | — | View 990 |
| 2022 | $427K | $416K | $345K | $3K | — | View 990 |
| 2021 | $376K | $312K | $332K | $204 | — | View 990 |
| 2020 | $244K | $22K | $268K | $202 | — | View 990 |
| 2019 | $57K | $10K | $47K | $448 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $368K, expenses of $527K, and assets of $192K (revenue -13.7% year-over-year).
- 2022: Revenue of $427K, expenses of $416K, and assets of $345K (revenue +13.5% year-over-year).
- 2021: Revenue of $376K, expenses of $312K, and assets of $332K (revenue +54.1% year-over-year).
- 2020: Revenue of $244K, expenses of $22K, and assets of $268K (revenue +330.5% year-over-year).
- 2019: Revenue of $57K, expenses of $10K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Learning Courage:
Data Sources and Methodology
This transparency report for Learning Courage 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.