Overview
What is The Learning Community Inc?
The Learning Community Inc, situated in Fort Wayne, Indiana, serves as a prominent nonprofit organization. Its primary mission is to offer early education and childcare services to children ranging from 6 weeks to 12 years old. This community-based center not only caters to the educational needs of young children but also acts as an academic laboratory for faculty and students in the fields of early childhood education, psychology, and related disciplines. With a dedicated team of 41 individuals, The Learning Community Inc strives to provide a nurturing environment that fosters learning and growth for both children and professionals in these fields.
Official website here: www.thelearningcommunityfw.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
The Learning Community Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is based solely on the Accountability & Finance category, where the organization scored 54%. This score reflects a lack of financial transparency, particularly the absence of financial statements, as well as missing key policies such as conflict of interest, whistleblower, and document retention policies.
Despite these shortcomings, The Learning Community Inc has shown some strengths in governance, with a completely independent board and a high program expense ratio of 88.43%. This suggests that a substantial portion of its expenses is directed towards its programs, which is a positive indicator of its commitment to its mission. However, the high liabilities to assets ratio of 293.70% raises concerns about the organization’s financial stability.
Overall, while The Learning Community Inc demonstrates a dedication to programmatic spending, the lack of essential financial policies and transparency could pose risks to its operational integrity. Prospective donors may want to consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is The Learning Community Inc legitimate?
The Learning Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Learning Community Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $755,434
For more financial information, click here
Official website here: www.thelearningcommunityfw.com
What is the mission statement of The Learning Community Inc?
The Learning Community Inc's mission is centered around providing early education and childcare services to children ranging from 6 weeks to 12 years old. This organization serves as a valuable academic laboratory for faculty and students in the fields of early childhood education, psychology, and related disciplines. By offering a nurturing environment for young learners, The Learning Community Inc contributes to the advancement of knowledge in these fields, ultimately benefiting both the children and the educational community.
Official website here: www.thelearningcommunityfw.com
What is the revenue of The Learning Community Inc?
The Learning Community Inc's revenue in 2024 was $1,037,546.
Official website here: www.thelearningcommunityfw.com
Who are the executives of The Learning Community Inc and what are their salaries?
The average compensation at The Learning Community Inc during 2024 was $20,417. There are 37 employees at The Learning Community Inc.
Here are 8 key members and their salaries:
- Compensation: $79,310
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thelearningcommunityfw.com
Where can I find the form 990 for The Learning Community Inc?
The Learning Community Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thelearningcommunityfw.com
Learn more at the official website: www.thelearningcommunityfw.com
Mission Statement of The Learning Community Inc
The Learning Community Inc is committed to providing early education and childcare for children between the ages of 6 weeks and 12 years. Serving as an academic laboratory, this nonprofit organization also plays a significant role in fostering the growth of faculty and students in the fields of early childhood education, psychology, and related disciplines. By offering a nurturing environment for young learners, The Learning Community Inc empowers these future generations while simultaneously contributing to the advancement of academic research in these fields.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Learning Community Inc provides early education and childcare for children aged 6 weeks through 12 years in Fort Wayne, Indiana. In addition to supporting the educational development of children, it also serves as an academic laboratory for faculty and students in the fields of early childhood education, psychology, and related areas. By offering high-quality early education and childcare services, The Learning Community Inc positively impacts the community by nurturing young minds, supporting educational research, and providing hands-on learning opportunities for aspiring educators and psychologists.
This information is meant to be a general summary of The Learning Community Inc. 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: $30
- Program Service Revenue: $955,318
- Gross Receipts: $1,040,536
Assets and Liabilities:
- Total Assets: $376,209
- Total Liabilities: $199,500
- Net Assets: $176,709
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$955,318
Organization Details
Founding Year
2013
Principal Officer
Brad Hand
NTEE Category
Code: B21 - Education
If you are a representative of The Learning Community Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.