Life Skills Home Training Tutorial Program For Pre Schoolers Inc
Life Skills Home Training Tutorial Program For Pre Schoolers Inc shows consistent revenue growth and zero reported officer compensation.
EIN: 112715180 · Flushing, NY · NTEE: E50Z · Updated: 2026-03-28
About Life Skills Home Training Tutorial Program For Pre Schoolers Inc
Life Skills Home Training Tutorial Program For Pre Schoolers Inc (EIN: 112715180) is a nonprofit organization based in Flushing, NY, classified under NTEE code E50Z. The organization reported total revenue of $11.7M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Life Skills Home Training Tutorial Program For Pre Schoolers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Life Skills Home Training Tutorial Program For Pre Schoolers Inc with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Life Skills Home Training Tutorial Program For Pre Schoolers Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size ($11.8 million in revenue) and suggests a volunteer-led or very lean leadership structure.
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 Life Skills Home Training Tutorial Program For Pre Schoolers Inc's IRS 990 filings:
- Operating with very thin margins, as expenses often closely match or exceed revenue (e.g., 202206: Expenses $9,430,107 vs. Revenue $9,204,634), which could pose financial risk during unexpected challenges.
Strengths
The following positive indicators were identified for Life Skills Home Training Tutorial Program For Pre Schoolers Inc:
- Strong and consistent revenue growth over the past decade, from $5,065,597 in 201508 to $11,847,585 in 202306.
- Consistently reports 0% officer compensation across all filings, indicating a strong commitment to directing funds to programs.
- Assets have grown significantly, from $1,088,918 in 201708 to $3,432,099 in 202306, enhancing financial stability.
- Expenses consistently align closely with revenue, suggesting efficient utilization of incoming funds for operations and programs.
Frequently Asked Questions about Life Skills Home Training Tutorial Program For Pre Schoolers Inc
Is Life Skills Home Training Tutorial Program For Pre Schoolers Inc a good charity?
Based on the available IRS 990 data, the organization appears to be a good charity. It demonstrates strong program spending, consistent revenue growth, and notably reports 0% officer compensation, suggesting a high dedication to its mission.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $5,065,597 in 201508 to $11,847,585 in 202306, more than doubling its income in less than a decade.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that no salaries are paid to its officers, which is a highly transparent and mission-focused approach.
Filing History
IRS 990 filing history for Life Skills Home Training Tutorial Program For Pre Schoolers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Life Skills Home Training Tutorial Program For Pre Schoolers Inc's revenue has grown by 119.7%, moving from $5.4M to $11.8M. Total assets increased by 405.5% over the same period, from $679K to $3.4M. Total functional expenses rose by 106.9%, from $5.5M to $11.5M. In its most recent filing year (2023), Life Skills Home Training Tutorial Program For Pre Schoolers Inc reported a surplus of $397K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $3.4M in assets (debt-to-asset ratio: 40.6%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $11.8M | $11.5M | $3.4M | $1.4M | — | — |
| 2022 | $9.2M | $9.4M | $2.9M | $1.3M | — | View 990 |
| 2021 | $6.3M | $6.2M | $2.5M | $1.3M | — | View 990 |
| 2020 | $7.1M | $7.5M | $2.3M | $1.3M | — | View 990 |
| 2019 | $7.2M | $7.4M | $1.8M | $300K | — | View 990 |
| 2018 | $7.6M | $7.3M | $2.1M | $433K | — | View 990 |
| 2017 | $6.8M | $6.7M | $1.1M | $65K | — | View 990 |
| 2016 | $5.8M | $5.9M | $980K | $93K | — | View 990 |
| 2015 | $5.1M | $5.4M | $1.2M | $162K | — | View 990 |
| 2014 | $5.5M | $5.3M | $1.4M | $151K | — | View 990 |
| 2013 | $5.5M | $5.1M | $1.3M | $244K | — | View 990 |
| 2012 | $5.7M | $5.6M | $850K | $138K | — | View 990 |
| 2011 | $5.4M | $5.5M | $679K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.8M, expenses of $11.5M, and assets of $3.4M (revenue +28.7% year-over-year).
- 2022: Revenue of $9.2M, expenses of $9.4M, and assets of $2.9M (revenue +45.8% year-over-year).
- 2021: Revenue of $6.3M, expenses of $6.2M, and assets of $2.5M (revenue -11.4% year-over-year).
- 2020: Revenue of $7.1M, expenses of $7.5M, and assets of $2.3M (revenue -1.0% year-over-year).
- 2019: Revenue of $7.2M, expenses of $7.4M, and assets of $1.8M (revenue -5.4% year-over-year).
- 2018: Revenue of $7.6M, expenses of $7.3M, and assets of $2.1M (revenue +12.0% year-over-year).
- 2017: Revenue of $6.8M, expenses of $6.7M, and assets of $1.1M (revenue +17.5% year-over-year).
- 2016: Revenue of $5.8M, expenses of $5.9M, and assets of $980K (revenue +14.2% year-over-year).
- 2015: Revenue of $5.1M, expenses of $5.4M, and assets of $1.2M (revenue -7.1% year-over-year).
- 2014: Revenue of $5.5M, expenses of $5.3M, and assets of $1.4M (revenue -0.6% year-over-year).
- 2013: Revenue of $5.5M, expenses of $5.1M, and assets of $1.3M (revenue -3.3% year-over-year).
- 2012: Revenue of $5.7M, expenses of $5.6M, and assets of $850K (revenue +5.2% year-over-year).
- 2011: Revenue of $5.4M, expenses of $5.5M, and assets of $679K.
Data Sources and Methodology
This transparency report for Life Skills Home Training Tutorial Program For Pre Schoolers 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.