The Center For Inquiry Based Learning Inc
The Center For Inquiry Based Learning Inc maintains strong financial health with growing assets and no reported officer compensation.
EIN: 141923044 · Durham, NC · NTEE: O50 · Updated: 2026-03-28
Is The Center For Inquiry Based Learning Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Center For Inquiry Based Learning Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Center For Inquiry Based Learning Inc
The Center For Inquiry Based Learning Inc (EIN: 141923044) is a nonprofit organization based in Durham, NC, classified under NTEE code O50. The organization reported total revenue of $1.3M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Center For Inquiry Based Learning Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Center For Inquiry Based Learning Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $880K |
| Total Expenses | $854K |
| Surplus / Deficit | +$26K |
| Total Assets | $3.5M |
| Total Liabilities | $103K |
| Net Assets | $3.4M |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 49.6 months |
Financial Health Grade: A
In 2024, The Center For Inquiry Based Learning Inc reported a surplus of $26K with revenue exceeding expenses, holds 49.6 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), The Center For Inquiry Based Learning Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.8% | +8.4% | +5.5% |
| 2023 | -2.0% | +11.8% | +9.7% |
| 2022 | +44.5% | +16.5% | -9.4% |
| 2021 | +22.9% | -7.2% | +8.7% |
| 2020 | -35.8% | -5.5% | +5.6% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Center For Inquiry Based Learning 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, The Center For Inquiry Based Learning 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with annual revenues consistently above $500,000. This suggests either a volunteer leadership structure or that compensation is reported under other expense categories, warranting further investigation for complete transparency.
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 The Center For Inquiry Based Learning Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may warrant further inquiry into how leadership is compensated or if it's entirely volunteer-based.
Strengths
The following positive indicators were identified for The Center For Inquiry Based Learning Inc:
- Consistent asset growth, increasing from $2,415,459 in 2015 to $3,529,228 in 2024, indicating strong financial management.
- Consistent operational surpluses, with revenues generally exceeding expenses (e.g., $880,085 revenue vs. $853,847 expenses in 2024).
- No reported officer compensation across all filings, suggesting a high dedication of funds to the mission.
- Low liabilities relative to assets, indicating financial stability and low debt burden (e.g., $103,184 liabilities vs. $3,529,228 assets in 2024).
- Long history of IRS 990 filings (14 filings), demonstrating commitment to transparency and compliance.
Frequently Asked Questions about The Center For Inquiry Based Learning Inc
Is The Center For Inquiry Based Learning Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Center For Inquiry Based Learning Inc (EIN: 141923044) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does The Center For Inquiry Based Learning Inc spend its money?
The Center For Inquiry Based Learning Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Center For Inquiry Based Learning Inc tax-deductible?
The Center For Inquiry Based Learning Inc is registered as a tax-exempt nonprofit (EIN: 141923044). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Center For Inquiry Based Learning Inc a good charity?
Based on the available data, the organization appears to be a good charity. It demonstrates strong financial health with growing assets, consistently operates with a surplus, and reports 0% officer compensation, suggesting a high dedication of resources to its mission. However, a detailed breakdown of program, administrative, and fundraising expenses would provide a more complete picture of spending efficiency.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved. Assets have grown from $2,415,459 in 2015 to $3,529,228 in 2024. Revenue has also shown a positive trend, increasing from $578,238 in 2015 to $880,085 in 2024, indicating sustained growth and stability.
What is the significance of 0% officer compensation?
0% officer compensation is highly significant as it implies that no salaries or other forms of compensation are paid to the organization's officers. This could mean that leadership is entirely volunteer-based, or that compensation is categorized differently in the filings. It generally indicates a very high proportion of funds are available for programmatic activities.
Filing History
IRS 990 filing history for The Center For Inquiry Based Learning Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), The Center For Inquiry Based Learning Inc's revenue has grown by 25.6%, moving from $701K to $880K. Total assets increased by 57% over the same period, from $2.2M to $3.5M. Total functional expenses rose by 36.6%, from $625K to $854K. In its most recent filing year (2024), The Center For Inquiry Based Learning Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $103K in liabilities against $3.5M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $880K | $854K | $3.5M | $103K | — | View 990 |
| 2023 | $873K | $788K | $3.3M | $167K | — | View 990 |
| 2022 | $891K | $705K | $3.0M | $99K | — | View 990 |
| 2021 | $617K | $605K | $3.4M | $131K | — | — |
| 2020 | $502K | $652K | $3.1M | $122K | — | — |
| 2019 | $782K | $690K | $2.9M | $33K | — | View 990 |
| 2018 | $787K | $605K | $2.8M | $53K | — | View 990 |
| 2017 | $666K | $649K | $2.6M | $21K | — | View 990 |
| 2016 | $753K | $595K | $2.6M | $23K | — | View 990 |
| 2015 | $578K | $567K | $2.4M | $26K | — | View 990 |
| 2014 | $650K | $618K | $2.5M | $27K | — | View 990 |
| 2013 | $832K | $741K | $2.3M | $27K | — | View 990 |
| 2012 | $714K | $687K | $2.4M | $196K | — | View 990 |
| 2011 | $701K | $625K | $2.2M | $124K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $880K, expenses of $854K, and assets of $3.5M (revenue +0.8% year-over-year).
- 2023: Revenue of $873K, expenses of $788K, and assets of $3.3M (revenue -2.0% year-over-year).
- 2022: Revenue of $891K, expenses of $705K, and assets of $3.0M (revenue +44.5% year-over-year).
- 2021: Revenue of $617K, expenses of $605K, and assets of $3.4M (revenue +22.9% year-over-year).
- 2020: Revenue of $502K, expenses of $652K, and assets of $3.1M (revenue -35.8% year-over-year).
- 2019: Revenue of $782K, expenses of $690K, and assets of $2.9M (revenue -0.6% year-over-year).
- 2018: Revenue of $787K, expenses of $605K, and assets of $2.8M (revenue +18.1% year-over-year).
- 2017: Revenue of $666K, expenses of $649K, and assets of $2.6M (revenue -11.5% year-over-year).
- 2016: Revenue of $753K, expenses of $595K, and assets of $2.6M (revenue +30.1% year-over-year).
- 2015: Revenue of $578K, expenses of $567K, and assets of $2.4M (revenue -11.1% year-over-year).
- 2014: Revenue of $650K, expenses of $618K, and assets of $2.5M (revenue -21.8% year-over-year).
- 2013: Revenue of $832K, expenses of $741K, and assets of $2.3M (revenue +16.5% year-over-year).
- 2012: Revenue of $714K, expenses of $687K, and assets of $2.4M (revenue +1.9% year-over-year).
- 2011: Revenue of $701K, expenses of $625K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Center For Inquiry Based Learning Inc:
Data Sources and Methodology
This transparency report for The Center For Inquiry Based Learning 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.