Mal Learning Center Inc
EIN: 471176916 · Memphis, TN · NTEE: P81
| Metric | Value |
|---|---|
| Total Revenue | $106K |
| Total Expenses | $103K |
| Net Assets | $285K |
Is Mal Learning Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mal Learning Center Inc
Mal Learning Center Inc (EIN: 471176916) is a nonprofit organization based in Memphis, TN, classified under NTEE code P81. The organization reported total revenue of $106K and total assets of $226K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mal Learning Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mal Learning Center Inc is a small nonprofit that has been operating for 1 years, with 6 years of IRS 990 filings on record (2015–2020). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $103K |
| Surplus / Deficit | $-14,194 |
| Total Assets | $286K |
| Total Liabilities | $1K |
| Net Assets | $285K |
| Operating Margin | -16.0% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 33.4 months |
Financial Health Grade: B
In 2020, Mal Learning Center Inc reported a deficit of $14K with expenses exceeding revenue, holds 33.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 6 years of filings (2015–2020), Mal Learning Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -67.8% | +30.5% | -5.1% |
| 2019 | +299.1% | +4.5% | +172.4% |
| 2018 | -11.4% | -5.0% | -1.2% |
| 2017 | +9.2% | -7.8% | -1.3% |
| 2016 | +8.2% | +3.3% | -11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mal Learning Center Inc 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 Mal Learning Center Inc 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Mal Learning Center Inc
Is Mal Learning Center Inc a legitimate charity?
Mal Learning Center Inc (EIN: 471176916) is a registered tax-exempt nonprofit based in Tennessee. It has 6 years of IRS 990 filings on record. Total revenue: $106K. No red flags identified. Financial health grade: B.
How does Mal Learning Center Inc spend its money?
Mal Learning Center Inc reported $106K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mal Learning Center Inc tax-deductible?
Mal Learning Center Inc is registered as a tax-exempt nonprofit (EIN: 471176916). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mal Learning Center Inc located?
Mal Learning Center Inc is headquartered in Memphis, Tennessee and files with the IRS under EIN 471176916. It is classified under NTEE code P81.
How many years of IRS 990 filings does Mal Learning Center Inc have?
Mal Learning Center Inc has 6 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 $106K in total revenue.
Filing History
IRS 990 filing history for Mal Learning Center Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2020), Mal Learning Center Inc's revenue has grown by 34.5%, moving from $66K to $89K. Total assets increased by 123.3% over the same period, from $128K to $286K. Total functional expenses rose by 23.3%, from $83K to $103K. In its most recent filing year (2020), Mal Learning Center Inc reported a deficit of $14K, with expenses exceeding revenue. The organization holds $1K in liabilities against $286K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $285K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $89K | $103K | $286K | $1K | — | View 990 |
| 2019 | $275K | $79K | $302K | $2K | — | View 990 |
| 2018 | $69K | $75K | $111K | $699 | — | View 990 |
| 2017 | $78K | $79K | $112K | $699 | — | View 990 |
| 2016 | $71K | $86K | $114K | $699 | — | View 990 |
| 2015 | $66K | $83K | $128K | $459 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $89K, expenses of $103K, and assets of $286K (revenue -67.8% year-over-year).
- 2019: Revenue of $275K, expenses of $79K, and assets of $302K (revenue +299.1% year-over-year).
- 2018: Revenue of $69K, expenses of $75K, and assets of $111K (revenue -11.4% year-over-year).
- 2017: Revenue of $78K, expenses of $79K, and assets of $112K (revenue +9.2% year-over-year).
- 2016: Revenue of $71K, expenses of $86K, and assets of $114K (revenue +8.2% year-over-year).
- 2015: Revenue of $66K, expenses of $83K, and assets of $128K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mal Learning Center Inc:
Data Sources and Methodology
This transparency report for Mal Learning Center 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.