Luster Learning Institute Nfp
EIN: 364604965 · Highland Park, IL · NTEE: B90
Is Luster Learning Institute Nfp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Luster Learning Institute Nfp
Luster Learning Institute Nfp (EIN: 364604965) is a nonprofit organization based in Highland Park, IL, classified under NTEE code B90. The organization reported total revenue of $510K and total assets of $669K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Luster Learning Institute Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Luster Learning Institute Nfp 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 Luster Learning Institute Nfp 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 Luster Learning Institute Nfp
Is Luster Learning Institute Nfp a legitimate charity?
Based on AI analysis of IRS 990 filings, Luster Learning Institute Nfp (EIN: 364604965) insufficient data. 0 red flags identified, 0 strengths noted.
How does Luster Learning Institute Nfp spend its money?
Detailed spending breakdown data is not yet available for Luster Learning Institute Nfp. Check back for updated IRS 990 analysis.
Are donations to Luster Learning Institute Nfp tax-deductible?
Luster Learning Institute Nfp is registered as a tax-exempt nonprofit (EIN: 364604965). 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 Luster Learning Institute Nfp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Luster Learning Institute Nfp's revenue has grown by 291.9%, moving from $217K to $849K. Total assets increased by 1529.7% over the same period, from $79K to $1.3M. Total functional expenses rose by 565.5%, from $159K to $1.1M. In its most recent filing year (2023), Luster Learning Institute Nfp reported a deficit of $208K, with expenses exceeding revenue. The organization holds $24K in liabilities against $1.3M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $849K | $1.1M | $1.3M | $24K | — | View 990 |
| 2022 | $1.2M | $1.1M | $1.5M | $47K | — | — |
| 2021 | $1.1M | $789K | $1.4M | $53K | — | View 990 |
| 2020 | $669K | $590K | $1.1M | $25K | — | View 990 |
| 2019 | $1.1M | $633K | $1.0M | $54K | — | View 990 |
| 2018 | $880K | $730K | $500K | $24K | — | View 990 |
| 2017 | $683K | $574K | $332K | $5K | — | View 990 |
| 2016 | $426K | $428K | $232K | $14K | — | View 990 |
| 2015 | $418K | $385K | $224K | $4K | — | View 990 |
| 2014 | $334K | $294K | $187K | $299 | — | View 990 |
| 2013 | $277K | $209K | $148K | $2K | — | View 990 |
| 2012 | $176K | $177K | $78K | $0 | — | View 990 |
| 2011 | $217K | $159K | $79K | $205 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $849K, expenses of $1.1M, and assets of $1.3M (revenue -28.3% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $1.5M (revenue +5.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $789K, and assets of $1.4M (revenue +67.2% year-over-year).
- 2020: Revenue of $669K, expenses of $590K, and assets of $1.1M (revenue -40.6% year-over-year).
- 2019: Revenue of $1.1M, expenses of $633K, and assets of $1.0M (revenue +28.1% year-over-year).
- 2018: Revenue of $880K, expenses of $730K, and assets of $500K (revenue +28.9% year-over-year).
- 2017: Revenue of $683K, expenses of $574K, and assets of $332K (revenue +60.3% year-over-year).
- 2016: Revenue of $426K, expenses of $428K, and assets of $232K (revenue +1.8% year-over-year).
- 2015: Revenue of $418K, expenses of $385K, and assets of $224K (revenue +25.1% year-over-year).
- 2014: Revenue of $334K, expenses of $294K, and assets of $187K (revenue +20.6% year-over-year).
- 2013: Revenue of $277K, expenses of $209K, and assets of $148K (revenue +57.7% year-over-year).
- 2012: Revenue of $176K, expenses of $177K, and assets of $78K (revenue -18.9% year-over-year).
- 2011: Revenue of $217K, expenses of $159K, and assets of $79K.
Data Sources and Methodology
This transparency report for Luster Learning Institute Nfp 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.