Madonna Learning Center Incorporated
EIN: 620858169 · Germantown, TN · NTEE: B28Z
Is Madonna Learning Center Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Madonna Learning Center Incorporated
Madonna Learning Center Incorporated (EIN: 620858169) is a nonprofit organization based in Germantown, TN, classified under NTEE code B28Z. The organization reported total revenue of $4.4M and total assets of $17.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madonna Learning Center Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Madonna Learning Center Incorporated 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 Madonna Learning Center Incorporated 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 Madonna Learning Center Incorporated
Is Madonna Learning Center Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Madonna Learning Center Incorporated (EIN: 620858169) insufficient data. 0 red flags identified, 0 strengths noted.
How does Madonna Learning Center Incorporated spend its money?
Detailed spending breakdown data is not yet available for Madonna Learning Center Incorporated. Check back for updated IRS 990 analysis.
Are donations to Madonna Learning Center Incorporated tax-deductible?
Madonna Learning Center Incorporated is registered as a tax-exempt nonprofit (EIN: 620858169). 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 Madonna Learning Center Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Madonna Learning Center Incorporated's revenue has grown by 192.5%, moving from $1.5M to $4.3M. Total assets increased by 562.3% over the same period, from $2.4M to $16.1M. Total functional expenses rose by 169.6%, from $1.2M to $3.1M. In its most recent filing year (2023), Madonna Learning Center Incorporated reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $442K in liabilities against $16.1M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $15.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $3.1M | $16.1M | $442K | — | — |
| 2022 | $3.8M | $2.6M | $14.1M | $345K | — | View 990 |
| 2021 | $4.4M | $2.3M | $13.9M | $591K | — | View 990 |
| 2020 | $1.9M | $2.1M | $11.1M | $583K | — | View 990 |
| 2019 | $2.0M | $2.0M | $10.7M | $285K | — | View 990 |
| 2018 | $1.8M | $1.9M | $10.8M | $246K | — | View 990 |
| 2017 | $1.8M | $1.9M | $10.9M | $211K | — | View 990 |
| 2016 | $2.0M | $2.0M | $10.9M | $223K | — | View 990 |
| 2015 | $3.0M | $1.4M | $11.5M | $753K | — | View 990 |
| 2014 | $8.3M | $1.3M | $9.5M | $273K | — | View 990 |
| 2013 | $1.2M | $1.3M | $2.4M | $183K | — | View 990 |
| 2012 | $1.5M | $1.2M | $2.4M | $164K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $3.1M, and assets of $16.1M (revenue +13.7% year-over-year).
- 2022: Revenue of $3.8M, expenses of $2.6M, and assets of $14.1M (revenue -14.1% year-over-year).
- 2021: Revenue of $4.4M, expenses of $2.3M, and assets of $13.9M (revenue +130.3% year-over-year).
- 2020: Revenue of $1.9M, expenses of $2.1M, and assets of $11.1M (revenue -2.0% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.0M, and assets of $10.7M (revenue +9.0% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.9M, and assets of $10.8M (revenue -1.6% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.9M, and assets of $10.9M (revenue -6.0% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.0M, and assets of $10.9M (revenue -35.7% year-over-year).
- 2015: Revenue of $3.0M, expenses of $1.4M, and assets of $11.5M (revenue -63.5% year-over-year).
- 2014: Revenue of $8.3M, expenses of $1.3M, and assets of $9.5M (revenue +606.2% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.3M, and assets of $2.4M (revenue -20.7% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.2M, and assets of $2.4M.
Data Sources and Methodology
This transparency report for Madonna Learning Center Incorporated 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.