Learning Resource Ctr Of Polk Co
EIN: 510182646 · Lakeland, FL · NTEE: B28Z
Is Learning Resource Ctr Of Polk Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Learning Resource Ctr Of Polk Co
Learning Resource Ctr Of Polk Co (EIN: 510182646) is a nonprofit organization based in Lakeland, FL, classified under NTEE code B28Z. The organization reported total revenue of $1.1M and total assets of $780K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learning Resource Ctr Of Polk Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Learning Resource Ctr Of Polk Co 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 Resource Ctr Of Polk Co 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.
Frequently Asked Questions about Learning Resource Ctr Of Polk Co
Is Learning Resource Ctr Of Polk Co a legitimate charity?
Based on AI analysis of IRS 990 filings, Learning Resource Ctr Of Polk Co (EIN: 510182646) insufficient data. 0 red flags identified, 0 strengths noted.
How does Learning Resource Ctr Of Polk Co spend its money?
Detailed spending breakdown data is not yet available for Learning Resource Ctr Of Polk Co. Check back for updated IRS 990 analysis.
Are donations to Learning Resource Ctr Of Polk Co tax-deductible?
Learning Resource Ctr Of Polk Co is registered as a tax-exempt nonprofit (EIN: 510182646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Learning Resource Ctr Of Polk Co showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Learning Resource Ctr Of Polk Co's revenue has declined by 33.9%, moving from $1.7M to $1.1M. Total assets decreased by 47.3% over the same period, from $1.7M to $902K. Total functional expenses fell by 22.1%, from $1.6M to $1.2M. In its most recent filing year (2023), Learning Resource Ctr Of Polk Co reported a deficit of $99K, with expenses exceeding revenue. The organization holds $396K in liabilities against $902K in assets (debt-to-asset ratio: 43.9%), resulting in net assets of $506K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.2M | $902K | $396K | — | — |
| 2022 | $1.1M | $1.2M | $948K | $343K | — | View 990 |
| 2021 | $1.1M | $1.1M | $967K | $337K | — | — |
| 2020 | $1.0M | $938K | $905K | $354K | — | View 990 |
| 2019 | $1.3M | $1.2M | $969K | $491K | — | View 990 |
| 2018 | $948K | $933K | $900K | $531K | — | View 990 |
| 2017 | $1.2M | $1.3M | $814K | $460K | — | View 990 |
| 2016 | $1.1M | $1.3M | $894K | $363K | — | View 990 |
| 2015 | $1.5M | $1.4M | $1.0M | $301K | — | View 990 |
| 2014 | $1.3M | $1.5M | $1.0M | $380K | — | View 990 |
| 2013 | $1.3M | $1.5M | $1.2M | $334K | — | View 990 |
| 2012 | $1.2M | $1.4M | $1.3M | $311K | — | View 990 |
| 2011 | $1.7M | $1.6M | $1.7M | $518K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $902K (revenue -1.5% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.2M, and assets of $948K (revenue +0.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $967K (revenue +12.3% year-over-year).
- 2020: Revenue of $1.0M, expenses of $938K, and assets of $905K (revenue -21.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $969K (revenue +36.2% year-over-year).
- 2018: Revenue of $948K, expenses of $933K, and assets of $900K (revenue -17.7% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $814K (revenue +4.4% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.3M, and assets of $894K (revenue -24.3% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $1.0M (revenue +9.0% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.5M, and assets of $1.0M (revenue -0.5% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.5M, and assets of $1.2M (revenue +11.2% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.4M, and assets of $1.3M (revenue -29.1% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $1.7M.
Data Sources and Methodology
This transparency report for Learning Resource Ctr Of Polk Co 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.