Learning In Retirement Inc
Learning In Retirement Inc. consistently directs funds to programs with no reported officer compensation, but has experienced recent deficit spending.
EIN: 20553205 · Athens, GA · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $204K |
| Program Spending | 85% |
| Net Assets | $110K |
| Transparency Score | 90/100 |
Is Learning In Retirement Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Learning In Retirement Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Learning In Retirement Inc
Learning In Retirement Inc (EIN: 20553205) is a nonprofit organization based in Athens, GA, classified under NTEE code B60. The organization reported total revenue of $200K and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learning In Retirement Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Learning In Retirement Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $192K |
| Total Expenses | $204K |
| Surplus / Deficit | $-12,282 |
| Total Assets | $149K |
| Total Liabilities | $39K |
| Net Assets | $110K |
| Operating Margin | -6.4% |
| Debt-to-Asset Ratio | 26.4% |
| Months of Reserves | 8.8 months |
Financial Health Grade: B
In 2023, Learning In Retirement Inc reported a deficit of $12K with expenses exceeding revenue, holds 8.8 months of operating reserves (strong position), has a debt-to-asset ratio of 26.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Learning In Retirement Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.3% | +1.1% | +2.5% |
| 2022 | -30.7% | +19.9% | -33.3% |
| 2021 | -30.4% | -46.2% | +9.1% |
| 2020 | +0.0% | +9.2% | +3.2% |
| 2019 | -22.9% | -19.9% | +7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 In Retirement Inc with a Mission Score of 90 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 In Retirement Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for donor perception and resource allocation.
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 In Retirement Inc's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (202306 and 202206), indicating deficit spending.
Strengths
The following positive indicators were identified for Learning In Retirement Inc:
- Consistent 0% officer compensation across all filings, indicating efficient use of funds.
- Strong program focus, with a high estimated percentage of spending directed to programs.
- Healthy asset base relative to annual revenue, providing some financial cushion.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Learning In Retirement Inc
Is Learning In Retirement Inc a legitimate charity?
Learning In Retirement Inc (EIN: 20553205) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $200K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Learning In Retirement Inc spend its money?
Learning In Retirement Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Learning In Retirement Inc tax-deductible?
Learning In Retirement Inc is registered as a tax-exempt nonprofit (EIN: 20553205). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Learning In Retirement Inc's spending goes to programs?
Learning In Retirement Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Learning In Retirement Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Learning In Retirement Inc is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Learning In Retirement Inc located?
Learning In Retirement Inc is headquartered in Athens, Georgia and files with the IRS under EIN 20553205. It is classified under NTEE code B60.
How many years of IRS 990 filings does Learning In Retirement Inc have?
Learning In Retirement Inc has 13 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 $200K in total revenue.
Is Learning In Retirement Inc. financially stable?
The organization appears generally stable, maintaining a healthy asset base ($146,604) relative to its revenue ($200,151). However, it has experienced deficit spending in the last two periods (e.g., $203,821 expenses vs. $191,539 revenue in 202306), which warrants monitoring.
How much of its budget goes to programs?
Based on typical nonprofit operations with 0% officer compensation, a significant majority, estimated around 85%, of its budget likely goes directly to programs, indicating strong program efficiency.
Does the organization pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, suggesting that executive leadership is not paid or compensated in a way that falls under this category.
Has the organization's revenue been consistent?
Revenue has fluctuated over the years, ranging from a high of $395,113 in 201806 to a low of $147,050 in 202206, indicating some variability in funding.
Filing History
IRS 990 filing history for Learning In Retirement Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Learning In Retirement Inc's revenue has grown by 20.5%, moving from $159K to $192K. Total assets increased by 150.4% over the same period, from $59K to $149K. Total functional expenses rose by 29.4%, from $158K to $204K. In its most recent filing year (2023), Learning In Retirement Inc reported a deficit of $12K, with expenses exceeding revenue. The organization holds $39K in liabilities against $149K in assets (debt-to-asset ratio: 26.4%), resulting in net assets of $110K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $192K | $204K | $149K | $39K | — | View 990 |
| 2022 | $147K | $202K | $145K | $35K | — | View 990 |
| 2021 | $212K | $168K | $218K | $31K | — | View 990 |
| 2020 | $305K | $313K | $200K | $47K | — | View 990 |
| 2019 | $305K | $286K | $194K | $43K | — | View 990 |
| 2018 | $395K | $357K | $181K | $56K | — | View 990 |
| 2017 | $304K | $333K | $121K | $47K | — | View 990 |
| 2016 | $262K | $267K | $169K | $80K | — | View 990 |
| 2015 | $274K | $272K | $136K | $44K | — | View 990 |
| 2014 | $293K | $300K | $128K | $37K | — | View 990 |
| 2013 | $188K | $169K | $149K | $51K | — | View 990 |
| 2012 | $176K | $135K | $116K | $15K | — | View 990 |
| 2011 | $159K | $158K | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $192K, expenses of $204K, and assets of $149K (revenue +30.3% year-over-year).
- 2022: Revenue of $147K, expenses of $202K, and assets of $145K (revenue -30.7% year-over-year).
- 2021: Revenue of $212K, expenses of $168K, and assets of $218K (revenue -30.4% year-over-year).
- 2020: Revenue of $305K, expenses of $313K, and assets of $200K (revenue +0.0% year-over-year).
- 2019: Revenue of $305K, expenses of $286K, and assets of $194K (revenue -22.9% year-over-year).
- 2018: Revenue of $395K, expenses of $357K, and assets of $181K (revenue +29.8% year-over-year).
- 2017: Revenue of $304K, expenses of $333K, and assets of $121K (revenue +16.3% year-over-year).
- 2016: Revenue of $262K, expenses of $267K, and assets of $169K (revenue -4.6% year-over-year).
- 2015: Revenue of $274K, expenses of $272K, and assets of $136K (revenue -6.5% year-over-year).
- 2014: Revenue of $293K, expenses of $300K, and assets of $128K (revenue +56.2% year-over-year).
- 2013: Revenue of $188K, expenses of $169K, and assets of $149K (revenue +6.8% year-over-year).
- 2012: Revenue of $176K, expenses of $135K, and assets of $116K (revenue +10.5% year-over-year).
- 2011: Revenue of $159K, expenses of $158K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Learning In Retirement Inc:
Data Sources and Methodology
This transparency report for Learning In Retirement Inc 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.