Learning Institute Of Texas
EIN: 760682232 · Houston, TX · NTEE: B30
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.1M |
| Net Assets | $729K |
Is Learning Institute Of Texas Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Learning Institute Of Texas
Learning Institute Of Texas (EIN: 760682232) is a nonprofit organization based in Houston, TX, classified under NTEE code B30. The organization reported total revenue of $1.8M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learning Institute Of Texas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Learning Institute Of Texas is a mid-size nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-3,556 |
| Total Assets | $735K |
| Total Liabilities | $6K |
| Net Assets | $729K |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 7.8 months |
Financial Health Grade: B
In 2022, Learning Institute Of Texas reported a deficit of $4K with expenses exceeding revenue, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Learning Institute Of Texas's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -0.4% | +9.3% | -0.6% |
| 2021 | +6.7% | -12.7% | -3.3% |
| 2020 | -25.5% | -10.6% | -0.5% |
| 2019 | +11.2% | +9.7% | +14.6% |
| 2018 | -6.6% | +1.7% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Learning Institute Of Texas 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 Institute Of Texas 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 $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Learning Institute Of Texas
Is Learning Institute Of Texas a legitimate charity?
Learning Institute Of Texas (EIN: 760682232) is a registered tax-exempt nonprofit based in Texas. It has 12 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: B.
How does Learning Institute Of Texas spend its money?
Learning Institute Of Texas reported $1.8M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Learning Institute Of Texas tax-deductible?
Learning Institute Of Texas is registered as a tax-exempt nonprofit (EIN: 760682232). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Learning Institute Of Texas located?
Learning Institute Of Texas is headquartered in Houston, Texas and files with the IRS under EIN 760682232. It is classified under NTEE code B30.
How many years of IRS 990 filings does Learning Institute Of Texas have?
Learning Institute Of Texas has 12 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Learning Institute Of Texas showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Learning Institute Of Texas's revenue has grown by 190.1%, moving from $388K to $1.1M. Total assets increased by 371.9% over the same period, from $156K to $735K. Total functional expenses rose by 181.5%, from $401K to $1.1M. In its most recent filing year (2022), Learning Institute Of Texas reported a deficit of $4K, with expenses exceeding revenue. The organization holds $6K in liabilities against $735K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $729K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.1M | $1.1M | $735K | $6K | — | View 990 |
| 2021 | $1.1M | $1.0M | $740K | $7K | — | View 990 |
| 2020 | $1.1M | $1.2M | $765K | $130K | — | — |
| 2019 | $1.4M | $1.3M | $770K | $8K | — | View 990 |
| 2018 | $1.3M | $1.2M | $671K | $9K | — | View 990 |
| 2017 | $1.4M | $1.2M | $600K | $9K | — | View 990 |
| 2016 | $954K | $995K | $414K | $3K | — | View 990 |
| 2015 | $1.3M | $1.4M | $484K | $2K | — | View 990 |
| 2014 | $1.1M | $862K | $525K | $6K | — | View 990 |
| 2013 | $615K | $552K | $252K | $5K | — | View 990 |
| 2012 | $475K | $464K | $186K | $3K | — | View 990 |
| 2011 | $388K | $401K | $156K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $735K (revenue -0.4% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.0M, and assets of $740K (revenue +6.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $765K (revenue -25.5% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $770K (revenue +11.2% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $671K (revenue -6.6% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.2M, and assets of $600K (revenue +43.4% year-over-year).
- 2016: Revenue of $954K, expenses of $995K, and assets of $414K (revenue -28.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.4M, and assets of $484K (revenue +18.0% year-over-year).
- 2014: Revenue of $1.1M, expenses of $862K, and assets of $525K (revenue +83.9% year-over-year).
- 2013: Revenue of $615K, expenses of $552K, and assets of $252K (revenue +29.5% year-over-year).
- 2012: Revenue of $475K, expenses of $464K, and assets of $186K (revenue +22.4% year-over-year).
- 2011: Revenue of $388K, expenses of $401K, and assets of $156K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Learning Institute Of Texas:
Data Sources and Methodology
This transparency report for Learning Institute Of Texas 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.