Learning In Color Corporation
EIN: 471299723 · Atlanta, GA · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $262K |
| Total Expenses | $122K |
| Net Assets | $1 |
Is Learning In Color Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Learning In Color Corporation
Learning In Color Corporation (EIN: 471299723) is a nonprofit organization based in Atlanta, GA, classified under NTEE code B12. The organization reported total revenue of $262K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learning In Color Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Learning In Color Corporation is a small nonprofit that has been operating for 11 years.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $122K |
| Surplus / Deficit | $-7,500 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | -6.6% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2022, Learning In Color Corporation reported a deficit of $8K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Learning In Color Corporation 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 In Color Corporation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Learning In Color Corporation
Is Learning In Color Corporation a legitimate charity?
Learning In Color Corporation (EIN: 471299723) is a registered tax-exempt nonprofit based in Georgia. Total revenue: $262K. No red flags identified. Financial health grade: C.
How does Learning In Color Corporation spend its money?
Learning In Color Corporation reported $262K in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Learning In Color Corporation tax-deductible?
Learning In Color Corporation is registered as a tax-exempt nonprofit (EIN: 471299723). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Learning In Color Corporation located?
Learning In Color Corporation is headquartered in Atlanta, Georgia and files with the IRS under EIN 471299723. It is classified under NTEE code B12.
Filing History
IRS 990 filing history for Learning In Color Corporation showing financial trends over 1 year of public records:
In its most recent filing year (2022), Learning In Color Corporation reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $115K | $122K | $1 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Learning In Color Corporation:
Data Sources and Methodology
This transparency report for Learning In Color Corporation 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.