Rising Star Learning Center Inc
Rising Star Learning Center Inc. operates on thin margins with no reported officer compensation, facing recent increases in liabilities.
EIN: 20776965 · Bay Village, OH · NTEE: P82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $444K |
| Total Expenses | $385K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $300k |
| Net Assets | $-27,535 |
| Transparency Score | 75/100 |
Is Rising Star Learning Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rising Star Learning Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rising Star Learning Center Inc
Rising Star Learning Center Inc (EIN: 20776965) is a nonprofit organization based in Bay Village, OH, classified under NTEE code P82. The organization reported total revenue of $444K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rising Star Learning Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rising Star Learning Center Inc is a small nonprofit that has been operating for 6 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $389K |
| Total Expenses | $385K |
| Surplus / Deficit | +$5K |
| Total Assets | $34K |
| Total Liabilities | $61K |
| Net Assets | $-27,535 |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 181.8% |
| Months of Reserves | 1.1 months |
Financial Health Grade: B
In 2023, Rising Star Learning Center Inc reported a surplus of $5K with revenue exceeding expenses, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 181.8% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Rising Star Learning Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.6% | -2.3% | -47.2% |
| 2022 | +9.5% | +2.6% | +31.2% |
| 2021 | -7.9% | +16.8% | -54.8% |
| 2020 | -10.3% | -10.7% | +51.2% |
| 2019 | -5.5% | -18.7% | +45.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
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 Rising Star Learning Center Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Rising Star Learning Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 181.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer or compensated through non-officer categories, which is highly favorable for a nonprofit of its size with annual revenues around $300k-$400k.
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 Rising Star Learning Center Inc's IRS 990 filings:
- Increasing liabilities in recent years, reaching $96,101 in 202206 and $61,200 in 202306.
- Operating deficits in multiple years (e.g., 202206, 202106, 201606), indicating periods where expenses exceeded revenue.
- Relatively low asset base ($26,043 latest) compared to annual revenue, suggesting limited financial reserves.
Strengths
The following positive indicators were identified for Rising Star Learning Center Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong dedication to mission and efficient use of funds.
- Long history of IRS 990 filings (11 filings), demonstrating transparency and compliance.
- Generally stable revenue streams over the past decade, typically ranging from $300k to $400k annually.
- Positive operating margin in the most recent fiscal period (202306), with revenue exceeding expenses.
Frequently Asked Questions about Rising Star Learning Center Inc
Is Rising Star Learning Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rising Star Learning Center Inc (EIN: 20776965) some concerns. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
How does Rising Star Learning Center Inc spend its money?
Rising Star Learning Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rising Star Learning Center Inc tax-deductible?
Rising Star Learning Center Inc is registered as a tax-exempt nonprofit (EIN: 20776965). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rising Star Learning Center Inc CEO make?
Rising Star Learning Center Inc's highest-compensated officer earns $300k annually. The organization reported $444K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rising Star Learning Center Inc's spending goes to programs?
Rising Star Learning Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rising Star Learning Center Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Rising Star Learning Center Inc is above average for NTEE category P82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rising Star Learning Center Inc located?
Rising Star Learning Center Inc is headquartered in Bay Village, Ohio and files with the IRS under EIN 20776965. It is classified under NTEE code P82.
How many years of IRS 990 filings does Rising Star Learning Center Inc have?
Rising Star Learning Center Inc has 11 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 $444K in total revenue.
What is the detailed breakdown of expenses (program, administrative, fundraising)?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to precisely assess spending efficiency beyond the overall revenue and expense figures.
Why have liabilities increased significantly in recent years?
Liabilities increased from $43,102 in 202006 to $96,101 in 202206 and $61,200 in 202306. The specific reasons for this increase are not detailed in the provided summary data and would require reviewing the full IRS Form 990 filings.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong indicator of dedication to its mission and efficient use of funds.
What is the nature of the organization's assets, which are relatively low compared to revenue?
With assets of $26,043 in the latest period and $33,665 in 202306 against annual revenues of over $300,000, the organization appears to operate with minimal fixed assets or significant financial reserves. The nature of these assets (e.g., cash, equipment) is not specified in the provided data.
What caused the deficit in the 202206 fiscal period?
In the 202206 period, expenses ($393,599) exceeded revenue ($358,615) by $34,984. The specific reasons for this deficit are not detailed in the provided summary and would require a deeper dive into the full financial statements for that year.
Filing History
IRS 990 filing history for Rising Star Learning Center Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Rising Star Learning Center Inc's revenue has grown by 42%, moving from $274K to $389K. Total assets decreased by 42.6% over the same period, from $59K to $34K. Total functional expenses rose by 65.5%, from $233K to $385K. In its most recent filing year (2023), Rising Star Learning Center Inc reported a surplus of $5K, with revenue exceeding expenses. The organization holds $61K in liabilities against $34K in assets (debt-to-asset ratio: 181.8%), resulting in net assets of $-27,535.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $389K | $385K | $34K | $61K | — | — |
| 2022 | $359K | $394K | $64K | $96K | — | View 990 |
| 2021 | $328K | $384K | $49K | $46K | — | View 990 |
| 2020 | $356K | $329K | $108K | $43K | — | View 990 |
| 2019 | $397K | $368K | $71K | $46K | — | — |
| 2016 | $420K | $453K | $49K | $28K | — | View 990 |
| 2015 | $327K | $334K | $66K | $12K | — | View 990 |
| 2014 | $275K | $315K | $90K | $29K | — | View 990 |
| 2013 | $319K | $319K | $107K | $5K | — | View 990 |
| 2012 | $317K | $266K | $109K | $7K | — | View 990 |
| 2011 | $274K | $233K | $59K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $389K, expenses of $385K, and assets of $34K (revenue +8.6% year-over-year).
- 2022: Revenue of $359K, expenses of $394K, and assets of $64K (revenue +9.5% year-over-year).
- 2021: Revenue of $328K, expenses of $384K, and assets of $49K (revenue -7.9% year-over-year).
- 2020: Revenue of $356K, expenses of $329K, and assets of $108K (revenue -10.3% year-over-year).
- 2019: Revenue of $397K, expenses of $368K, and assets of $71K (revenue -5.5% year-over-year).
- 2016: Revenue of $420K, expenses of $453K, and assets of $49K (revenue +28.2% year-over-year).
- 2015: Revenue of $327K, expenses of $334K, and assets of $66K (revenue +19.0% year-over-year).
- 2014: Revenue of $275K, expenses of $315K, and assets of $90K (revenue -13.7% year-over-year).
- 2013: Revenue of $319K, expenses of $319K, and assets of $107K (revenue +0.7% year-over-year).
- 2012: Revenue of $317K, expenses of $266K, and assets of $109K (revenue +15.4% year-over-year).
- 2011: Revenue of $274K, expenses of $233K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rising Star Learning Center Inc:
Data Sources and Methodology
This transparency report for Rising Star 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.