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The Most Excellent Way Learning Life Center Inc

Jersey City, New Jersey · EIN 27-1005950 · Education · tax-exempt since 2014

D

Charity Clarity grade D (score 42.0 of 100), based on the Form 990 for the year ended December 2023.

Graded against 85,919 education nonprofits with revenue $100K–$500K filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.1.0 months34
GovernanceBoard independence, key policies and audit, per the 990.56% of practices56
Margin stabilityHow steady the surplus or deficit is year to year.59
Revenue spreadHow much revenue rests on one type of income.100% from one source12
Filing recordOn-time, complete filings, year after year.50%50

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20152016201720192020202120222023grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Dec 2023Form 990$265K$270K−$5,366$23K1.01D
Dec 2022Form 990-EZ$136K$125K$11K$20K2.0D
Dec 2021Form 990-EZ$157K$116K$41K$8,9040.9D
Dec 2020Form 990-EZ$101K$102K−$1,099−$45K-5.2F
Dec 2019Form 990-EZ$150K$150K−$107−$43K-3.5F
Dec 2017Form 990-EZ$180K$215K−$35K−$47K-2.6F
Dec 2016Form 990-EZ$83K$84K−$937−$12K-1.7F
Dec 2015Form 990-EZ$152K$163K−$11K−$11K-0.8F

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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