The Adult Learning Center
EIN: 61768396 · Milwaukee, WI · NTEE: B60
| Metric | Value |
|---|---|
| Total Revenue | $189K |
| Total Expenses | $214K |
| Net Assets | $59K |
Is The Adult Learning Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Adult Learning Center
The Adult Learning Center (EIN: 61768396) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code B60. The organization reported total revenue of $189K and total assets of $62K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Adult Learning Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Adult Learning Center is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $214K |
| Surplus / Deficit | $-25,010 |
| Total Assets | $62K |
| Total Liabilities | $3K |
| Net Assets | $59K |
| Operating Margin | -13.2% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 3.5 months |
Financial Health Grade: B
In 2023, The Adult Learning Center reported a deficit of $25K with expenses exceeding revenue, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Adult Learning Center's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.9% | -5.9% | -28.5% |
| 2022 | -12.4% | -25.4% | -25.9% |
| 2021 | +58.5% | -3.9% | -4.4% |
| 2020 | -14.8% | -3.7% | -51.0% |
| 2019 | -39.8% | -6.6% | -36.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Adult Learning Center 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 The Adult Learning Center 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.5%.
Frequently Asked Questions about The Adult Learning Center
Is The Adult Learning Center a legitimate charity?
Based on AI analysis of IRS 990 filings, The Adult Learning Center (EIN: 61768396) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Adult Learning Center spend its money?
Detailed spending breakdown data is not yet available for The Adult Learning Center. Check back for updated IRS 990 analysis.
Are donations to The Adult Learning Center tax-deductible?
The Adult Learning Center is registered as a tax-exempt nonprofit (EIN: 61768396). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Adult Learning Center located?
The Adult Learning Center is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 61768396. It is classified under NTEE code B60.
How many years of IRS 990 filings does The Adult Learning Center have?
The Adult Learning Center 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 $189K in total revenue.
Filing History
IRS 990 filing history for The Adult Learning Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Adult Learning Center's revenue has declined by 41.7%, moving from $324K to $189K. Total assets decreased by 92% over the same period, from $775K to $62K. Total functional expenses fell by 44.1%, from $383K to $214K. In its most recent filing year (2023), The Adult Learning Center reported a deficit of $25K, with expenses exceeding revenue. The organization holds $3K in liabilities against $62K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $59K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $189K | $214K | $62K | $3K | — | — |
| 2022 | $233K | $228K | $87K | $2K | — | View 990 |
| 2021 | $266K | $305K | $117K | $29K | — | View 990 |
| 2020 | $168K | $317K | $122K | $31K | — | View 990 |
| 2019 | $197K | $330K | $250K | $8K | — | View 990 |
| 2018 | $328K | $353K | $393K | $7K | — | View 990 |
| 2017 | $264K | $368K | $410K | $5K | — | View 990 |
| 2016 | $211K | $340K | $490K | $8K | — | View 990 |
| 2015 | $316K | $357K | $652K | $3K | — | View 990 |
| 2014 | $393K | $362K | $718K | $3K | — | View 990 |
| 2013 | $265K | $326K | $665K | $13K | — | View 990 |
| 2012 | $277K | $359K | $688K | $10K | — | View 990 |
| 2011 | $324K | $383K | $775K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $189K, expenses of $214K, and assets of $62K (revenue -18.9% year-over-year).
- 2022: Revenue of $233K, expenses of $228K, and assets of $87K (revenue -12.4% year-over-year).
- 2021: Revenue of $266K, expenses of $305K, and assets of $117K (revenue +58.5% year-over-year).
- 2020: Revenue of $168K, expenses of $317K, and assets of $122K (revenue -14.8% year-over-year).
- 2019: Revenue of $197K, expenses of $330K, and assets of $250K (revenue -39.8% year-over-year).
- 2018: Revenue of $328K, expenses of $353K, and assets of $393K (revenue +23.9% year-over-year).
- 2017: Revenue of $264K, expenses of $368K, and assets of $410K (revenue +25.3% year-over-year).
- 2016: Revenue of $211K, expenses of $340K, and assets of $490K (revenue -33.3% year-over-year).
- 2015: Revenue of $316K, expenses of $357K, and assets of $652K (revenue -19.5% year-over-year).
- 2014: Revenue of $393K, expenses of $362K, and assets of $718K (revenue +48.0% year-over-year).
- 2013: Revenue of $265K, expenses of $326K, and assets of $665K (revenue -4.3% year-over-year).
- 2012: Revenue of $277K, expenses of $359K, and assets of $688K (revenue -14.4% year-over-year).
- 2011: Revenue of $324K, expenses of $383K, and assets of $775K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Adult Learning Center:
Data Sources and Methodology
This transparency report for The Adult Learning Center 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.