Learning Source Foundation
EIN: 841513876 · Denver, CO · NTEE: T11
| Metric | Value |
|---|---|
| Total Revenue | $198K |
| Total Expenses | $109K |
| Net Assets | $1.3M |
Is Learning Source Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Learning Source Foundation
Learning Source Foundation (EIN: 841513876) is a nonprofit organization based in Denver, CO, classified under NTEE code T11. The organization reported total revenue of $198K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learning Source Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Learning Source Foundation is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 64.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $143K |
| Total Expenses | $109K |
| Surplus / Deficit | +$34K |
| Total Assets | $2.7M |
| Total Liabilities | $1.4M |
| Net Assets | $1.3M |
| Operating Margin | 23.6% |
| Debt-to-Asset Ratio | 51.3% |
| Months of Reserves | 298.4 months |
Financial Health Grade: A
In 2023, Learning Source Foundation reported a surplus of $34K with revenue exceeding expenses, holds 298.4 months of operating reserves (strong position), has a debt-to-asset ratio of 51.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Learning Source Foundation's revenue has grown at a compound annual growth rate (CAGR) of 64.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +718.4% | +35.9% | +17.8% |
| 2022 | -95.0% | — | +71.5% |
| 2021 | +20143.5% | -100.0% | +35.3% |
| 2020 | -96.5% | -57.3% | -1.6% |
| 2019 | -43.6% | -19.8% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Learning Source Foundation 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 Source Foundation 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 surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 51.3%.
Frequently Asked Questions about Learning Source Foundation
Is Learning Source Foundation a legitimate charity?
Learning Source Foundation (EIN: 841513876) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $198K. No red flags identified. Financial health grade: A.
How does Learning Source Foundation spend its money?
Learning Source Foundation reported $198K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Learning Source Foundation tax-deductible?
Learning Source Foundation is registered as a tax-exempt nonprofit (EIN: 841513876). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Learning Source Foundation located?
Learning Source Foundation is headquartered in Denver, Colorado and files with the IRS under EIN 841513876. It is classified under NTEE code T11.
How many years of IRS 990 filings does Learning Source Foundation have?
Learning Source Foundation 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 $198K in total revenue.
Filing History
IRS 990 filing history for Learning Source Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Learning Source Foundation's revenue has grown by 39642.9%, moving from $359 to $143K. Total assets increased by 262.3% over the same period, from $748K to $2.7M. Total functional expenses rose by 563.7%, from $16K to $109K. In its most recent filing year (2023), Learning Source Foundation reported a surplus of $34K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $2.7M in assets (debt-to-asset ratio: 51.3%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $143K | $109K | $2.7M | $1.4M | — | View 990 |
| 2022 | $17K | $80K | $2.3M | $1.0M | — | — |
| 2021 | $350K | $0 | $1.3M | $0 | — | View 990 |
| 2020 | $2K | $18K | $991K | $0 | — | View 990 |
| 2019 | $50K | $43K | $1.0M | $0 | — | View 990 |
| 2018 | $89K | $53K | $1.0M | $0 | — | View 990 |
| 2017 | $0 | $0 | $0 | $0 | — | View 990 |
| 2016 | $174K | $15K | $877K | $0 | — | View 990 |
| 2015 | $30K | $22K | $727K | $0 | — | View 990 |
| 2014 | $925 | $15K | $717K | $0 | — | View 990 |
| 2013 | $839 | $39K | $704K | $0 | — | View 990 |
| 2012 | $2K | $16K | $742K | $14K | — | View 990 |
| 2011 | $359 | $16K | $748K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $143K, expenses of $109K, and assets of $2.7M (revenue +718.4% year-over-year).
- 2022: Revenue of $17K, expenses of $80K, and assets of $2.3M (revenue -95.0% year-over-year).
- 2021: Revenue of $350K, expenses of $0, and assets of $1.3M (revenue +20143.5% year-over-year).
- 2020: Revenue of $2K, expenses of $18K, and assets of $991K (revenue -96.5% year-over-year).
- 2019: Revenue of $50K, expenses of $43K, and assets of $1.0M (revenue -43.6% year-over-year).
- 2018: Revenue of $89K, expenses of $53K, and assets of $1.0M.
- 2017: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2016: Revenue of $174K, expenses of $15K, and assets of $877K (revenue +476.0% year-over-year).
- 2015: Revenue of $30K, expenses of $22K, and assets of $727K (revenue +3157.1% year-over-year).
- 2014: Revenue of $925, expenses of $15K, and assets of $717K (revenue +10.3% year-over-year).
- 2013: Revenue of $839, expenses of $39K, and assets of $704K (revenue -65.7% year-over-year).
- 2012: Revenue of $2K, expenses of $16K, and assets of $742K (revenue +580.8% year-over-year).
- 2011: Revenue of $359, expenses of $16K, and assets of $748K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Learning Source Foundation:
Data Sources and Methodology
This transparency report for Learning Source Foundation 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.