The Learning Community Charter School Foundation
The Learning Community Charter School Foundation reports zero revenue and assets in its latest filing, indicating potential inactivity after years of moderate financial activity.
EIN: 203390705 · Albuquerque, NM · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $76K |
| Program Spending | 80% |
| Net Assets | $47K |
| Transparency Score | 65/100 |
Is The Learning Community Charter School Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Learning Community Charter School Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Learning Community Charter School Foundation
The Learning Community Charter School Foundation (EIN: 203390705) is a nonprofit organization based in Albuquerque, NM. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Learning Community Charter School Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Learning Community Charter School Foundation is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -25.8%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $75K |
| Total Expenses | $76K |
| Surplus / Deficit | $-840 |
| Total Assets | $47K |
| Net Assets | $47K |
| Operating Margin | -1.1% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2014, The Learning Community Charter School Foundation reported a deficit of $840 with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2014), The Learning Community Charter School Foundation's revenue has declined at a compound annual growth rate (CAGR) of -25.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -63.5% | -55.6% | -96.5% |
| 2013 | +0.0% | +2.3% | -2.4% |
| 2012 | +6.5% | -1.1% | -1.9% |
| 2011 | +4.9% | -2.0% | -0.9% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Learning Community Charter School Foundation with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Learning Community Charter School Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $840, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reported 0% officer compensation across all provided filings, indicating that no salaries were paid to its officers, which is a positive sign for directing resources to its mission.
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 Learning Community Charter School Foundation's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, suggesting potential inactivity or dissolution without clear explanation.
- Significant fluctuations in assets and liabilities over the years, culminating in zero balances.
Strengths
The following positive indicators were identified for The Learning Community Charter School Foundation:
- Consistently reported 0% officer compensation, indicating efficient use of funds by not paying executive salaries.
- History of moderate revenue generation and asset management in prior periods.
Frequently Asked Questions about The Learning Community Charter School Foundation
Is The Learning Community Charter School Foundation a legitimate charity?
The Learning Community Charter School Foundation (EIN: 203390705) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 65/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does The Learning Community Charter School Foundation spend its money?
The Learning Community Charter School Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Learning Community Charter School Foundation tax-deductible?
The Learning Community Charter School Foundation is registered as a tax-exempt nonprofit (EIN: 203390705). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Learning Community Charter School Foundation's spending goes to programs?
The Learning Community Charter School Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Learning Community Charter School Foundation located?
The Learning Community Charter School Foundation is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 203390705.
How many years of IRS 990 filings does The Learning Community Charter School Foundation have?
The Learning Community Charter School Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is The Learning Community Charter School Foundation still operational?
Based on the latest filing showing $0 revenue and $0 assets, it appears the organization may no longer be actively operating or has undergone a significant change in its financial structure.
What caused the significant decrease in assets and liabilities from 2013 to the latest filing?
The provided data does not specify the reason for the dramatic reduction from assets of $1,371,565 and liabilities of $1,323,347 in 2013 to $0 in the latest filing. This would require reviewing the full 990 forms for explanations.
How were funds allocated between programs, administration, and fundraising when the organization was active?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to assess specific spending efficiency during its active periods.
Filing History
IRS 990 filing history for The Learning Community Charter School Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2014), The Learning Community Charter School Foundation's revenue has declined by 59.2%, moving from $184K to $75K. Total assets decreased by 96.7% over the same period, from $1.4M to $47K. Total functional expenses fell by 55.9%, from $172K to $76K. In its most recent filing year (2014), The Learning Community Charter School Foundation reported a deficit of $840, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $75K | $76K | $47K | $0 | — | View 990 |
| 2013 | $205K | $171K | $1.4M | $1.3M | — | View 990 |
| 2012 | $205K | $167K | $1.4M | $1.4M | — | View 990 |
| 2011 | $193K | $169K | $1.4M | $1.5M | — | View 990 |
| 2011 | $184K | $172K | $1.4M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $75K, expenses of $76K, and assets of $47K (revenue -63.5% year-over-year).
- 2013: Revenue of $205K, expenses of $171K, and assets of $1.4M (revenue +0.0% year-over-year).
- 2012: Revenue of $205K, expenses of $167K, and assets of $1.4M (revenue +6.5% year-over-year).
- 2011: Revenue of $193K, expenses of $169K, and assets of $1.4M (revenue +4.9% year-over-year).
- 2011: Revenue of $184K, expenses of $172K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Learning Community Charter School Foundation:
Data Sources and Methodology
This transparency report for The Learning Community Charter School Foundation 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.