Learning Ladders Incorporated
EIN: 454343177 · Pince Frederick, MD · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $602K |
| Total Expenses | $621K |
Is Learning Ladders Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Learning Ladders Incorporated
Learning Ladders Incorporated (EIN: 454343177) is a nonprofit organization based in Pince Frederick, MD, classified under NTEE code P33. The organization reported total revenue of $602K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learning Ladders Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Learning Ladders Incorporated is a small nonprofit that has been operating for 13 years, with 7 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 41.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $466K |
| Total Expenses | $621K |
| Surplus / Deficit | $-154,907 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -33.2% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Learning Ladders Incorporated reported a deficit of $155K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2012–2023), Learning Ladders Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 41.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.0% | +58.9% | -100.0% |
| 2022 | +48.7% | +44.6% | — |
| 2021 | +14.5% | +14.5% | — |
| 2020 | -18.8% | -18.8% | -100.0% |
| 2019 | +107.3% | +102.8% | -82.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Learning Ladders Incorporated 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 Ladders Incorporated 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 $155K, with expenses exceeding revenue.
Frequently Asked Questions about Learning Ladders Incorporated
Is Learning Ladders Incorporated a legitimate charity?
Learning Ladders Incorporated (EIN: 454343177) is a registered tax-exempt nonprofit based in Maryland. It has 7 years of IRS 990 filings on record. Total revenue: $602K. No red flags identified. Financial health grade: C.
How does Learning Ladders Incorporated spend its money?
Learning Ladders Incorporated reported $602K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Learning Ladders Incorporated tax-deductible?
Learning Ladders Incorporated is registered as a tax-exempt nonprofit (EIN: 454343177). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Learning Ladders Incorporated located?
Learning Ladders Incorporated is headquartered in Pince Frederick, Maryland and files with the IRS under EIN 454343177. It is classified under NTEE code P33.
How many years of IRS 990 filings does Learning Ladders Incorporated have?
Learning Ladders Incorporated has 7 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 $602K in total revenue.
Filing History
IRS 990 filing history for Learning Ladders Incorporated showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2023), Learning Ladders Incorporated's revenue has grown by 4562.9%, moving from $10K to $466K. Total assets decreased by 100% over the same period, from $10 to $0. Total functional expenses rose by 5024%, from $12K to $621K. In its most recent filing year (2023), Learning Ladders Incorporated reported a deficit of $155K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $466K | $621K | $0 | $0 | — | — |
| 2022 | $402K | $391K | $11K | $11K | — | View 990 |
| 2021 | $270K | $270K | $0 | $0 | — | — |
| 2020 | $236K | $236K | $0 | $0 | — | View 990 |
| 2019 | $291K | $291K | $3K | $3K | — | View 990 |
| 2018 | $140K | $143K | $16K | $19K | — | View 990 |
| 2012 | $10K | $12K | $10 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $466K, expenses of $621K, and assets of $0 (revenue +16.0% year-over-year).
- 2022: Revenue of $402K, expenses of $391K, and assets of $11K (revenue +48.7% year-over-year).
- 2021: Revenue of $270K, expenses of $270K, and assets of $0 (revenue +14.5% year-over-year).
- 2020: Revenue of $236K, expenses of $236K, and assets of $0 (revenue -18.8% year-over-year).
- 2019: Revenue of $291K, expenses of $291K, and assets of $3K (revenue +107.3% year-over-year).
- 2018: Revenue of $140K, expenses of $143K, and assets of $16K (revenue +1302.1% year-over-year).
- 2012: Revenue of $10K, expenses of $12K, and assets of $10.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Learning Ladders Incorporated:
Data Sources and Methodology
This transparency report for Learning Ladders Incorporated 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.