Learning For Leadership Charter School
Learning For Leadership Charter School experiences sharp revenue decline and significant negative net assets in latest filing.
EIN: 10859568 · Minneapolis, MN · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $480K |
| Total Expenses | $364K |
| Program Spending | 80% |
| Net Assets | $-2,403,427 |
| Transparency Score | 45/100 |
Is Learning For Leadership Charter School Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Learning For Leadership Charter School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Learning For Leadership Charter School
Learning For Leadership Charter School (EIN: 10859568) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code B29. The organization reported total revenue of $480K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learning For Leadership Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Learning For Leadership Charter School is a small nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2014–2019). Revenue has grown at a compound annual rate of -32.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $480K |
| Total Expenses | $364K |
| Surplus / Deficit | +$116K |
| Total Assets | $2.2M |
| Total Liabilities | $4.6M |
| Net Assets | $-2,403,427 |
| Operating Margin | 24.1% |
| Debt-to-Asset Ratio | 209.2% |
| Months of Reserves | 72.5 months |
Financial Health Grade: A
In 2019, Learning For Leadership Charter School reported a surplus of $116K with revenue exceeding expenses, holds 72.5 months of operating reserves (strong position), has a debt-to-asset ratio of 209.2% (high leverage).
Financial Trends
Over 6 years of filings (2014–2019), Learning For Leadership Charter School's revenue has declined at a compound annual growth rate (CAGR) of -32.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -88.5% | -93.0% | -37.2% |
| 2018 | -0.1% | +13.4% | -21.3% |
| 2017 | +5.4% | +13.3% | +237.0% |
| 2016 | +10.5% | +13.9% | +64.1% |
| 2015 | +8.8% | +11.3% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
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 Learning For Leadership Charter School with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Learning For Leadership Charter School allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $116K, with revenue exceeding expenses.
- Debt-to-asset ratio: 209.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly favorable and indicates that leadership is not drawing a salary from the organization's funds.
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 For Leadership Charter School's IRS 990 filings:
- Dramatic 88% revenue decline from $4.17 million in 2018 to $480,193 in 2019.
- Consistent and significant negative net assets, with liabilities ($4,604,156 in 2019) far exceeding assets ($2,200,729 in 2019).
- Lack of detailed expense breakdown to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Learning For Leadership Charter School:
- Consistent reporting of 0% officer compensation across all filings, indicating a commitment to minimizing overhead in this area.
- Historically managed expenses close to revenue in prior years (e.g., $4.17M revenue vs $5.2M expenses in 2018, but with a significant deficit).
Frequently Asked Questions about Learning For Leadership Charter School
Is Learning For Leadership Charter School a legitimate charity?
Based on AI analysis of IRS 990 filings, Learning For Leadership Charter School (EIN: 10859568) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Learning For Leadership Charter School spend its money?
Learning For Leadership Charter School directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Learning For Leadership Charter School tax-deductible?
Learning For Leadership Charter School is registered as a tax-exempt nonprofit (EIN: 10859568). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Learning For Leadership Charter School's spending goes to programs?
Learning For Leadership Charter School directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Learning For Leadership Charter School compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Learning For Leadership Charter School is near average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Learning For Leadership Charter School located?
Learning For Leadership Charter School is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 10859568. It is classified under NTEE code B29.
How many years of IRS 990 filings does Learning For Leadership Charter School have?
Learning For Leadership Charter School has 6 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 $480K in total revenue.
What caused the dramatic drop in revenue from $4.1 million in 2018 to $480,193 in 2019?
The provided data does not specify the reason for this significant decline, but it is a critical factor impacting the organization's financial health.
How does Learning For Leadership Charter School plan to address its substantial negative net asset position, with liabilities consistently exceeding assets?
The organization has consistently reported liabilities significantly higher than its assets, reaching $4,604,156 in liabilities against $2,200,729 in assets in 2019. This indicates a structural financial challenge that needs to be addressed.
What are the specific categories of expenses, beyond the total, to understand spending efficiency?
The provided data only gives total expenses. A detailed breakdown of program, administrative, and fundraising expenses would be necessary for a more thorough efficiency analysis.
Filing History
IRS 990 filing history for Learning For Leadership Charter School showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2014–2019), Learning For Leadership Charter School's revenue has declined by 85.4%, moving from $3.3M to $480K. Total assets increased by 182.1% over the same period, from $780K to $2.2M. Total functional expenses fell by 88.6%, from $3.2M to $364K. In its most recent filing year (2019), Learning For Leadership Charter School reported a surplus of $116K, with revenue exceeding expenses. The organization holds $4.6M in liabilities against $2.2M in assets (debt-to-asset ratio: 209.2%), resulting in net assets of $-2,403,427.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $480K | $364K | $2.2M | $4.6M | — | View 990 |
| 2018 | $4.2M | $5.2M | $3.5M | $6.0M | — | View 990 |
| 2017 | $4.2M | $4.6M | $4.5M | $5.9M | — | — |
| 2016 | $4.0M | $4.1M | $1.3M | $2.4M | — | View 990 |
| 2015 | $3.6M | $3.6M | $805K | $1.8M | — | View 990 |
| 2014 | $3.3M | $3.2M | $780K | $450K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $480K, expenses of $364K, and assets of $2.2M (revenue -88.5% year-over-year).
- 2018: Revenue of $4.2M, expenses of $5.2M, and assets of $3.5M (revenue -0.1% year-over-year).
- 2017: Revenue of $4.2M, expenses of $4.6M, and assets of $4.5M (revenue +5.4% year-over-year).
- 2016: Revenue of $4.0M, expenses of $4.1M, and assets of $1.3M (revenue +10.5% year-over-year).
- 2015: Revenue of $3.6M, expenses of $3.6M, and assets of $805K (revenue +8.8% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.2M, and assets of $780K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Learning For Leadership Charter School:
Data Sources and Methodology
This transparency report for Learning For Leadership Charter School 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.