Learning Through An Expanded Arts Program Inc
Learning Through An Expanded Arts Program Inc consistently dedicates 0% of expenses to officer compensation, demonstrating strong program focus.
EIN: 132925233 · New York, NY · NTEE: B900 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.7M |
| Total Expenses | $10.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $1.8M |
| Transparency Score | 90/100 |
Is Learning Through An Expanded Arts Program Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Learning Through An Expanded Arts Program Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Learning Through An Expanded Arts Program Inc
Learning Through An Expanded Arts Program Inc (EIN: 132925233) is a nonprofit organization based in New York, NY, classified under NTEE code B900. The organization reported total revenue of $9.7M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learning Through An Expanded Arts Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Learning Through An Expanded Arts Program Inc is a mid-size nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.3M |
| Total Expenses | $10.3M |
| Surplus / Deficit | +$973K |
| Total Assets | $4.4M |
| Total Liabilities | $2.5M |
| Net Assets | $1.8M |
| Operating Margin | 8.6% |
| Debt-to-Asset Ratio | 58.1% |
| Months of Reserves | 5.1 months |
Financial Health Grade: A
In 2023, Learning Through An Expanded Arts Program Inc reported a surplus of $973K with revenue exceeding expenses, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 58.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Learning Through An Expanded Arts Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.8% | +4.7% | +46.5% |
| 2022 | +34.2% | +39.3% | -0.1% |
| 2021 | -8.3% | -17.2% | -0.8% |
| 2020 | -12.8% | -18.4% | +22.7% |
| 2019 | +10.3% | +18.9% | -16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Through An Expanded Arts Program 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 Through An Expanded Arts Program 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 surplus of $973K, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization of this size with over $11 million in annual revenue. This suggests a strong volunteer leadership model or that compensation is structured differently and not reported under officer compensation.
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 Through An Expanded Arts Program Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated or structured, as it could indicate a lack of transparency if compensation is simply reported under other categories.
Strengths
The following positive indicators were identified for Learning Through An Expanded Arts Program Inc:
- Strong program spending, with a significant portion of expenses dedicated to mission-related activities.
- Consistent revenue growth, from $9.3 million in 2019 to $11.2 million in 2023, indicating increasing support and operational capacity.
- Growing asset base, reaching $4.38 million in 2023, providing financial stability.
- Consistent filing of IRS 990s, demonstrating transparency and accountability.
- Positive net income in most recent years (e.g., $972,878 in 2023), indicating sound financial management.
Frequently Asked Questions about Learning Through An Expanded Arts Program Inc
Is Learning Through An Expanded Arts Program Inc a legitimate charity?
Learning Through An Expanded Arts Program Inc (EIN: 132925233) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.7M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Learning Through An Expanded Arts Program Inc spend its money?
Learning Through An Expanded Arts Program Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Learning Through An Expanded Arts Program Inc tax-deductible?
Learning Through An Expanded Arts Program Inc is registered as a tax-exempt nonprofit (EIN: 132925233). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Learning Through An Expanded Arts Program Inc CEO make?
Learning Through An Expanded Arts Program Inc's highest-compensated officer earns $11 annually. The organization reported $9.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Learning Through An Expanded Arts Program Inc's spending goes to programs?
Learning Through An Expanded Arts Program Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Learning Through An Expanded Arts Program Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Learning Through An Expanded Arts Program Inc is above average for NTEE category B900 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Learning Through An Expanded Arts Program Inc located?
Learning Through An Expanded Arts Program Inc is headquartered in New York, New York and files with the IRS under EIN 132925233. It is classified under NTEE code B900.
How many years of IRS 990 filings does Learning Through An Expanded Arts Program Inc have?
Learning Through An Expanded Arts Program 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 $9.7M in total revenue.
Is Learning Through An Expanded Arts Program Inc a good charity?
Based on its financial data, LEAP appears to be a good charity. It consistently dedicates a high percentage of its budget to programs, reports 0% officer compensation, and has shown consistent revenue growth, indicating effective operations and a strong commitment to its mission.
How has LEAP's revenue changed over the past five years?
LEAP's revenue has generally increased over the past five years, from $9,304,532 in 2019 to $11,264,179 in 2023, demonstrating growth and financial stability.
What is LEAP's approach to executive compensation?
LEAP reports 0% officer compensation in all available IRS 990 filings, suggesting a unique compensation structure or a reliance on volunteer leadership for its executive roles.
Are LEAP's assets growing?
Yes, LEAP's assets have shown growth, increasing from $2,460,640 in 2019 to $4,383,398 in 2023, indicating a strengthening financial position.
Filing History
IRS 990 filing history for Learning Through An Expanded Arts Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Learning Through An Expanded Arts Program Inc's revenue has grown by 141.1%, moving from $4.7M to $11.3M. Total assets increased by 14.8% over the same period, from $3.8M to $4.4M. Total functional expenses rose by 116.7%, from $4.7M to $10.3M. In its most recent filing year (2023), Learning Through An Expanded Arts Program Inc reported a surplus of $973K, with revenue exceeding expenses. The organization holds $2.5M in liabilities against $4.4M in assets (debt-to-asset ratio: 58.1%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.3M | $10.3M | $4.4M | $2.5M | — | — |
| 2022 | $10.0M | $9.8M | $3.0M | $2.1M | — | View 990 |
| 2021 | $7.4M | $7.1M | $3.0M | $2.3M | — | View 990 |
| 2020 | $8.1M | $8.5M | $3.0M | $2.7M | — | View 990 |
| 2019 | $9.3M | $10.5M | $2.5M | $1.7M | — | View 990 |
| 2018 | $8.4M | $8.8M | $2.9M | $1.0M | — | View 990 |
| 2017 | $5.3M | $6.3M | $2.9M | $654K | — | View 990 |
| 2016 | $4.1M | $4.6M | $3.4M | $173K | — | View 990 |
| 2015 | $4.6M | $4.3M | $3.8M | $126K | — | View 990 |
| 2014 | $3.2M | $3.2M | $3.6M | $156K | — | View 990 |
| 2013 | $3.5M | $3.7M | $3.8M | $336K | — | View 990 |
| 2012 | $4.1M | $4.1M | $3.6M | $100K | — | View 990 |
| 2011 | $4.7M | $4.7M | $3.8M | $275K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.3M, expenses of $10.3M, and assets of $4.4M (revenue +12.8% year-over-year).
- 2022: Revenue of $10.0M, expenses of $9.8M, and assets of $3.0M (revenue +34.2% year-over-year).
- 2021: Revenue of $7.4M, expenses of $7.1M, and assets of $3.0M (revenue -8.3% year-over-year).
- 2020: Revenue of $8.1M, expenses of $8.5M, and assets of $3.0M (revenue -12.8% year-over-year).
- 2019: Revenue of $9.3M, expenses of $10.5M, and assets of $2.5M (revenue +10.3% year-over-year).
- 2018: Revenue of $8.4M, expenses of $8.8M, and assets of $2.9M (revenue +59.0% year-over-year).
- 2017: Revenue of $5.3M, expenses of $6.3M, and assets of $2.9M (revenue +27.8% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.6M, and assets of $3.4M (revenue -9.3% year-over-year).
- 2015: Revenue of $4.6M, expenses of $4.3M, and assets of $3.8M (revenue +44.3% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.2M, and assets of $3.6M (revenue -10.1% year-over-year).
- 2013: Revenue of $3.5M, expenses of $3.7M, and assets of $3.8M (revenue -14.2% year-over-year).
- 2012: Revenue of $4.1M, expenses of $4.1M, and assets of $3.6M (revenue -12.0% year-over-year).
- 2011: Revenue of $4.7M, expenses of $4.7M, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Learning Through An Expanded Arts Program Inc:
Data Sources and Methodology
This transparency report for Learning Through An Expanded Arts Program 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.