Overview
What is Learn Lonestar Education And Research Network?
Learn Lonestar Education and Research Network is a nonprofit organization based in Lubbock, Texas. With a focus on collaboration, they aim to support the research, education, healthcare, and public service missions of Texas' higher education institutions. They achieve this by developing and utilizing an advanced statewide fiber optic network, enabling innovation and access to global resources. The organization's workforce consists of 21 individuals, committed to enhancing the capabilities of Texas' educational institutions.
Official website here: www.tx-learn.net
What are the reviews and ratings of this charity?
Charity Navigator rates Learn Lonestar Education And Research Network with an 81%, granting it a Three-Star out of Four Star rating. This score is specifically derived from the Accountability & Finance beacon, reflecting the organization's financial health and governance. While it demonstrates strong accountability with 100% independent board members and high program expense ratios, it falls short in transparency, as it lacks published financial statements on its website.
The organization showcases a solid commitment to good governance with policies in place for conflict of interest and whistleblowing, and a commendable low liabilities to assets ratio of 12.58%. The high program expense ratio of 84.41% suggests that a significant portion of its resources are allocated directly to its programs. However, the absence of complete financial transparency could raise concerns among potential donors regarding the organization's overall operational transparency.
There were no available user reviews from GreatNonprofits to provide additional insights into community feedback. Overall, Learn Lonestar Education And Research Network exhibits strengths in governance and financial management but could improve transparency to enhance donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Learn Lonestar Education And Research Network legitimate?
Learn Lonestar Education And Research Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Learn Lonestar Education And Research Network 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: $954,724
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tx-learn.net
What is the mission statement of Learn Lonestar Education And Research Network?
The Learn Lonestar Education and Research Network is a collaborative initiative among Texas higher education institutions. Its mission is to support their research, education, healthcare, and public service missions in an innovative manner. This is achieved through the development, operation, and utilization of an advanced statewide networking system. The network provides access to global resources and related services, thereby enhancing the capabilities of these institutions. The organization's primary focus is on creating and developing the necessary infrastructure for a statewide fiber optic network.
Official website here: www.tx-learn.net
Who is the CEO of Learn Lonestar Education And Research Network?
Kerry Mobley is the Director of Learn Lonestar Education And Research Network. The CEO's salary of Learn Lonestar Education And Research Network is $286,200 and their total compensation is $313,200.
Official website here: www.tx-learn.net
What is the revenue of Learn Lonestar Education And Research Network?
Learn Lonestar Education And Research Network's revenue in 2022 was $8,008,115.
Official website here: www.tx-learn.net
Who are the executives of Learn Lonestar Education And Research Network and what are their salaries?
The average compensation at Learn Lonestar Education And Research Network during 2022 was $45,463. There are 21 employees at Learn Lonestar Education And Research Network.
Here are 49 key members and their salaries (Learn Lonestar Education And Research Network's CEO's salary is $286,200 and their total compensation is $313,200):
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- Compensation: $1,668
- Related: $108,854
- Other: $10,781
Official website here: www.tx-learn.net
Where can I find the form 990 for Learn Lonestar Education And Research Network?
Learn Lonestar Education And Research Network's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tx-learn.net
Learn more at the official website: www.tx-learn.net
Mission Statement of Learn Lonestar Education And Research Network
Learn Lonestar Education and Research Network, a non-profit collaboration, is dedicated to supporting the research, education, healthcare, and public service missions of Texas higher education institutions. It achieves this goal through the innovative development, operation, and utilization of advanced statewide networking. By doing so, the organization provides its partners with access to global resources and related services, thereby enhancing their capabilities and impact. The network's creation and development involve the construction of a statewide fiber optic infrastructure, which serves as a backbone for the exchange of information and collaboration among the participating institutions. This infrastructure allows for the seamless integration of resources and expertise, fostering a collaborative environment that benefits all involved. In essence, Learn Lonestar Education and Research Network serves as a catalyst for innovation and collaboration among Texas' higher education institutions, enabling them to collectively advance their missions and contribute to the broader community.
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Impact
October, 2024
Learn Lonestar Education and Research Network significantly enhances the landscape of education and research across Texas. By fostering collaboration among higher education institutions, it amplifies their missions in research, education, health care, and public service.
The network’s innovative development and operation of a statewide fiber optic infrastructure is pivotal in providing robust connectivity. This advanced networking facilitates seamless access to global resources, empowering institutions to share knowledge, resources, and best practices. As a result, researchers and educators can collaborate more effectively, leading to enhanced academic programs, improved healthcare services, and greater public engagement.
The impact is evident in the enrichment of educational opportunities, the promotion of cutting-edge research initiatives, and the overall advancement of community health and welfare. Through its strategic initiatives, Learn Lonestar fortifies the region’s educational and research capabilities, ultimately contributing to the growth and prosperity of the state.
This information is meant to be a general summary of Learn Lonestar Education And Research Network. 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 2022.
- Investment Income: $235,466
- Program Service Revenue: $6,514,346
- Gross Receipts: $9,612,974
Assets and Liabilities:
- Total Assets: $28,296,047
- Total Liabilities: $2,940,909
- Net Assets: $25,355,138
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NETWORK SERVICES
Revenue
$6,514,346
Organization Details
Founding Year
2005
Phone
(806) 743-7878Principal Officer
Kerry Mobley
Main Address
PO BOX 16920, LUBBOCK, TX, 79490
Website
www.tx-learn.netNTEE Category
Code: B02 - Education
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