Phase 4 Learning Center Inc
Phase 4 Learning Center Inc shows consistent revenue growth and no reported officer compensation over 13 years.
EIN: 161680512 · Pittsburgh, PA · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $3.9M |
| Program Spending | 90% |
| Net Assets | $2.8M |
| Transparency Score | 92/100 |
Is Phase 4 Learning Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Phase 4 Learning Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Phase 4 Learning Center Inc
Phase 4 Learning Center Inc (EIN: 161680512) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code B90. The organization reported total revenue of $4.0M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phase 4 Learning Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phase 4 Learning Center Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$474K |
| Total Assets | $2.8M |
| Total Liabilities | $50K |
| Net Assets | $2.8M |
| Operating Margin | 10.9% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 8.7 months |
Financial Health Grade: A
In 2023, Phase 4 Learning Center Inc reported a surplus of $474K with revenue exceeding expenses, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Phase 4 Learning Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.6% | +11.9% | +18.9% |
| 2022 | +41.0% | +17.2% | +18.3% |
| 2021 | -6.1% | -5.2% | +0.7% |
| 2020 | +31.6% | +18.7% | +22.5% |
| 2019 | -21.9% | -2.6% | -12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Phase 4 Learning Center Inc with a Mission Score of 92 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, Phase 4 Learning Center 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $474K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 available filings, indicating that no executive salaries are drawn from the organization's funds, which is highly unusual and suggests a strong dedication of resources directly to programs.
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.
Strengths
The following positive indicators were identified for Phase 4 Learning Center Inc:
- Consistent revenue growth, from $2,374,130 in 201906 to $4,328,391 in 202306.
- Zero reported officer compensation across all 13 filings, indicating strong program focus.
- Healthy asset accumulation, reaching $2,806,182 in 202306.
- Low and well-managed liabilities, with only $49,990 in 202306.
- Positive operating margins in most recent years, e.g., $4,328,391 revenue vs. $3,854,672 expenses in 202306.
Frequently Asked Questions about Phase 4 Learning Center Inc
Is Phase 4 Learning Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Phase 4 Learning Center Inc (EIN: 161680512) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Phase 4 Learning Center Inc spend its money?
Phase 4 Learning Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Phase 4 Learning Center Inc tax-deductible?
Phase 4 Learning Center Inc is registered as a tax-exempt nonprofit (EIN: 161680512). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Phase 4 Learning Center Inc's spending goes to programs?
Phase 4 Learning Center Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Phase 4 Learning Center Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Phase 4 Learning Center Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Phase 4 Learning Center Inc located?
Phase 4 Learning Center Inc is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 161680512. It is classified under NTEE code B90.
How many years of IRS 990 filings does Phase 4 Learning Center Inc have?
Phase 4 Learning Center 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 $4.0M in total revenue.
Is Phase 4 Learning Center Inc financially stable?
Yes, the organization appears financially stable, demonstrating consistent revenue growth from $2,374,130 in 201906 to $4,328,391 in 202306, and a healthy accumulation of assets, reaching $2,806,182 in 202306, while maintaining low liabilities.
How does Phase 4 Learning Center Inc manage executive compensation?
Phase 4 Learning Center Inc reports 0% officer compensation across all 13 available IRS 990 filings, indicating that no salaries are paid to officers from the organization's funds, which is a significant strength in terms of resource allocation to its mission.
Has the organization experienced growth in recent years?
Yes, the organization has shown significant growth, with revenue increasing from $2,934,273 in 202106 to $4,328,391 in 202306, and assets growing from $1,994,938 to $2,806,182 over the same period.
Filing History
IRS 990 filing history for Phase 4 Learning Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Phase 4 Learning Center Inc's revenue has grown by 133.4%, moving from $1.9M to $4.3M. Total assets increased by 423% over the same period, from $537K to $2.8M. Total functional expenses rose by 70.9%, from $2.3M to $3.9M. In its most recent filing year (2023), Phase 4 Learning Center Inc reported a surplus of $474K, with revenue exceeding expenses. The organization holds $50K in liabilities against $2.8M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $3.9M | $2.8M | $50K | — | — |
| 2022 | $4.1M | $3.4M | $2.4M | $77K | — | View 990 |
| 2021 | $2.9M | $2.9M | $2.0M | $407K | — | — |
| 2020 | $3.1M | $3.1M | $2.0M | $390K | — | View 990 |
| 2019 | $2.4M | $2.6M | $1.6M | $53K | — | View 990 |
| 2018 | $3.0M | $2.7M | $1.8M | $45K | — | View 990 |
| 2017 | $3.1M | $2.5M | $1.5M | $67K | — | View 990 |
| 2016 | $2.6M | $3.0M | $964K | $88K | — | View 990 |
| 2015 | $3.0M | $2.6M | $1.4M | $136K | — | View 990 |
| 2014 | $3.0M | $2.6M | $1.1M | $217K | — | View 990 |
| 2013 | $2.3M | $2.0M | $658K | $282K | — | View 990 |
| 2012 | $2.2M | $2.2M | $465K | $339K | — | View 990 |
| 2011 | $1.9M | $2.3M | $537K | $401K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $3.9M, and assets of $2.8M (revenue +4.6% year-over-year).
- 2022: Revenue of $4.1M, expenses of $3.4M, and assets of $2.4M (revenue +41.0% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.9M, and assets of $2.0M (revenue -6.1% year-over-year).
- 2020: Revenue of $3.1M, expenses of $3.1M, and assets of $2.0M (revenue +31.6% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.6M, and assets of $1.6M (revenue -21.9% year-over-year).
- 2018: Revenue of $3.0M, expenses of $2.7M, and assets of $1.8M (revenue -1.2% year-over-year).
- 2017: Revenue of $3.1M, expenses of $2.5M, and assets of $1.5M (revenue +18.3% year-over-year).
- 2016: Revenue of $2.6M, expenses of $3.0M, and assets of $964K (revenue -13.5% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.6M, and assets of $1.4M (revenue -1.1% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.6M, and assets of $1.1M (revenue +32.7% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.0M, and assets of $658K (revenue +2.5% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.2M, and assets of $465K (revenue +20.5% year-over-year).
- 2011: Revenue of $1.9M, expenses of $2.3M, and assets of $537K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phase 4 Learning Center Inc:
Data Sources and Methodology
This transparency report for Phase 4 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.