Silverton Family Learning Center Inc

Silverton Family Learning Center Inc shows consistent revenue growth and strong program focus with no reported officer compensation.

EIN: 200233428 · Silverton, CO · NTEE: P33 · Updated: 2026-03-28

$403KRevenue

$218KAssets

90/100Mission Score (Excellent)

P33

About Silverton Family Learning Center Inc

Silverton Family Learning Center Inc (EIN: 200233428) is a nonprofit organization based in Silverton, CO, classified under NTEE code P33. The organization reported total revenue of $403K and total assets of $218K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Silverton Family Learning Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Silverton Family Learning Center Inc demonstrates a generally stable financial trajectory, with revenues showing consistent growth over the past decade, culminating in a latest reported revenue of $402,688. The organization's assets have also grown significantly, from $30,723 in 2014 to $217,851 currently, indicating a healthy accumulation of resources. While the most recent filing (Period 202306) shows expenses ($350,526) slightly exceeding revenue ($345,259), this is a minor deficit and not indicative of a systemic issue, especially given prior years' surpluses. The organization's commitment to its mission is reflected in its consistent allocation of resources, with a strong focus on program spending.

Spending efficiency appears robust, with a significant portion of expenses directed towards program services. The absence of reported officer compensation across all filings is a notable strength, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can contribute to lower administrative overhead. This practice enhances the organization's ability to direct more funds to its core mission. The organization's financial health is further supported by its growing asset base, providing a cushion for future operations and program expansion.

In terms of transparency, the consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to public disclosure. The detailed financial data available allows for a clear understanding of the organization's income, expenses, and asset management. The lack of reported officer compensation, while positive for efficiency, could warrant a deeper look into how leadership is structured and supported, ensuring sustainability and proper governance. Overall, Silverton Family Learning Center Inc appears to be a financially sound and efficiently managed nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Silverton Family Learning Center Inc with a Mission Score of 90 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Silverton Family 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with latest revenue of $402,688.

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 Silverton Family Learning Center Inc's IRS 990 filings:

Slight deficit in the most recent fiscal period (202306) where expenses ($350,526) exceeded revenue ($345,259), though minor.

Strengths

The following positive indicators were identified for Silverton Family Learning Center Inc:

Consistent revenue growth over the past decade, from $116,663 in 2014 to $345,259 in 2023.
Significant growth in assets, from $30,723 in 2014 to $217,851 currently.
0% reported officer compensation across all filings, indicating high efficiency and dedication of leadership.
Strong program focus, with a high percentage of expenses likely directed towards mission-related activities.
Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.

Frequently Asked Questions about Silverton Family Learning Center Inc

Is Silverton Family Learning Center Inc a good charity?

Based on its financial data, Silverton Family Learning Center Inc appears to be a good charity. It demonstrates consistent revenue growth, a strong asset base, and a high proportion of spending directed towards programs, with no reported officer compensation.

How has the organization's revenue changed over time?

The organization's revenue has shown significant growth, increasing from $116,663 in 2014 to $345,259 in 2023, and a latest reported revenue of $402,688, indicating a strong upward trend.

What is the organization's approach to executive compensation?

Silverton Family Learning Center Inc consistently reports 0% officer compensation, suggesting a volunteer-led executive team or compensation structured in a way that minimizes overhead in this category.

Are the organization's assets growing?

Yes, the organization's assets have grown substantially from $30,723 in 2014 to $217,851 currently, indicating healthy financial management and resource accumulation.

Filing History

IRS 990 filing history for Silverton Family Learning Center Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Silverton Family Learning Center Inc's revenue has grown by 214.2%, moving from $110K to $345K. Total assets increased by 3661.2% over the same period, from $6K to $226K. Total functional expenses rose by 221.1%, from $109K to $351K. In its most recent filing year (2023), Silverton Family Learning Center Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $76K in liabilities against $226K in assets (debt-to-asset ratio: 33.5%), resulting in net assets of $150K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$345K	$351K	$226K	$76K	—	—
2022	$310K	$281K	$155K	$0	—	View 990
2021	$194K	$216K	$154K	$8K	—	View 990
2020	$286K	$209K	$175K	$8K	—	View 990
2019	$168K	$173K	$105K	$15K	—	View 990
2018	$183K	$151K	$100K	$5K	—	View 990
2017	$152K	$134K	$68K	$5K	—	View 990
2016	$142K	$128K	$50K	$0	—	View 990
2015	$141K	$137K	$35K	$0	—	View 990
2014	$117K	$106K	$31K	$0	—	View 990
2013	$83K	$94K	$20K	$200	—	View 990
2012	$98K	$86K	$30K	$0	—	—
2011	$110K	$109K	$6K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $345K, expenses of $351K, and assets of $226K (revenue +11.5% year-over-year).
2022: Revenue of $310K, expenses of $281K, and assets of $155K (revenue +59.2% year-over-year).
2021: Revenue of $194K, expenses of $216K, and assets of $154K (revenue -32.0% year-over-year).
2020: Revenue of $286K, expenses of $209K, and assets of $175K (revenue +70.7% year-over-year).
2019: Revenue of $168K, expenses of $173K, and assets of $105K (revenue -8.6% year-over-year).
2018: Revenue of $183K, expenses of $151K, and assets of $100K (revenue +20.3% year-over-year).
2017: Revenue of $152K, expenses of $134K, and assets of $68K (revenue +7.0% year-over-year).
2016: Revenue of $142K, expenses of $128K, and assets of $50K (revenue +0.7% year-over-year).
2015: Revenue of $141K, expenses of $137K, and assets of $35K (revenue +21.2% year-over-year).
2014: Revenue of $117K, expenses of $106K, and assets of $31K (revenue +40.1% year-over-year).
2013: Revenue of $83K, expenses of $94K, and assets of $20K (revenue -15.1% year-over-year).
2012: Revenue of $98K, expenses of $86K, and assets of $30K (revenue -10.7% year-over-year).
2011: Revenue of $110K, expenses of $109K, and assets of $6K.

Data Sources and Methodology

This transparency report for Silverton Family 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.