Overview
What is The Learning Company?
The Learning Company is a nonprofit organization, established in three communities – Princeton, New Jersey, Langhorne, Pennsylvania, and Flemington, New Jersey. Their mission is to offer an alternative to traditional schooling for teenagers, providing them with a nurturing environment for learning and socializing. They offer a variety of resources, including academic assistance, tutoring, mentoring, volunteer and job opportunities, and help with college admissions. Additionally, The Learning Company provides safe spaces for teens to work and engage in activities, fostering a supportive community for their educational pursuits. With a team of eight dedicated individuals, The Learning Company strives to empower teenagers in their learning journeys.
Official website here: www.learningcooperatives.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Learning Company has earned a strong Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial management. With an overall score of 96%, the organization showcases a commitment to transparency and effective governance, which is evident from its perfect score in various accountability metrics.
One of the organization's notable strengths is its fully independent board, composed entirely of independent members. This structure enhances its oversight capabilities, contributing to sound decision-making and financial integrity. The organization also maintains a robust audit and oversight committee, ensuring thorough financial reporting and compliance with regulatory standards.
While there are no significant limitations noted in the available data, the organization’s emphasis on maintaining a low liability-to-assets ratio and a high program expense ratio of 81.16% indicates a strong focus on utilizing funds efficiently for its mission. Overall, The Learning Company demonstrates a solid commitment to ethical practices and effective financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is The Learning Company legitimate?
The Learning Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Learning Company submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $79,188
Professional Fundraising Fees: $0
Other Salaries and Wages: $640,476
For more financial information, click here
Official website here: www.learningcooperatives.org
What is the mission statement of The Learning Company?
The Learning Company serves as a network of local centers, providing an alternative educational environment for teenagers. Their mission is to offer both academic and non-academic support, alongside a nurturing community, enabling these teens to continue their education outside of a traditional school setting. The company operates in three different communities, offering classes, tutoring, mentoring, and volunteer opportunities, among other resources. Additionally, they assist with college admissions, provide a safe and welcoming space for socialization, and help teenagers secure work opportunities.
Official website here: www.learningcooperatives.org
What is the revenue of The Learning Company?
The Learning Company's revenue in 2024 was $1,412,047.
Official website here: www.learningcooperatives.org
Who are the executives of The Learning Company and what are their salaries?
The average compensation at The Learning Company during 2024 was $55,359. There are 13 employees and 60 volunteers at The Learning Company.
Here are 10 key members and their salaries:
- Compensation: $79,066
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Official website here: www.learningcooperatives.org
Where can I find the form 990 for The Learning Company?
The Learning Company's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.learningcooperatives.org
Learn more at the official website: www.learningcooperatives.org
Mission Statement of The Learning Company
The Learning Company is a nonprofit organization that provides an alternative educational path for teenagers. Its mission is to offer a supportive environment where teens can continue their education without the conventional school setting. The organization provides both academic and non-academic support, fostering a community that encourages self-directed learning. The Learning Company operates centers in multiple communities, offering classes, tutoring, mentoring opportunities, assistance with finding volunteer and work experiences, help with college applications, and safe and welcoming spaces for socializing and working.
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Impact
October, 2024
The Learning Company significantly impacts the lives of teens by providing a safe and supportive environment for those who opt out of traditional schooling. Through its centers in Princeton, Langhorne, and Flemington, the organization offers a diverse range of resources that cater to both academic and non-academic needs.
Teens benefit from personalized classes, tutoring, and mentoring, ensuring they receive tailored support that fits their unique educational journeys. Moreover, The Learning Company fosters community engagement by helping students discover volunteer and work opportunities, which are crucial for building experience and confidence.
In addition to academic guidance, the organization assists with college admissions, equipping young people with the tools and knowledge necessary to navigate higher education. The inclusive and welcoming atmosphere encourages social interaction, allowing teens to build meaningful connections while pursuing their educational goals. Overall, The Learning Company's holistic approach empowers teens to take charge of their learning and prepares them for future success.
This information is meant to be a general summary of The Learning Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $14,132
- Program Service Revenue: $1,355,024
- Gross Receipts: $1,412,047
Assets and Liabilities:
- Total Assets: $389,865
- Total Liabilities: $15,987
- Net Assets: $373,878
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$1,355,024
Organization Details
Founding Year
2010
Principal Officer
Joel Hammon
Website
www.learningcooperatives.orgNTEE Category
Code: B90 - Education
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