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The Learning Source

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 840585638 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is The Learning Source?

The Learning Source is a nonprofit organization based in Denver, Colorado, specifically at 8790 W Colfax Ave. Their primary focus lies in providing educational opportunities for adults and families through collaborative partnerships. They specialize in Family Literacy, Adult Basic Education, English Language Acquisition, Learning Collaboration, and Distance Learning. During the year, they served approximately 2,000 students, demonstrating their commitment to supporting future achievements of their learners. The Learning Source's mission is to promote and facilitate educational growth for adults and families, aiming to empower them with new skills and knowledge.

What are the reviews and ratings of this charity?

Charity Navigator Rating 94% - Four-Star out of Four Star Rating

The Learning Source has achieved a notable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and financial management. The rating is based entirely on a single beacon score, showcasing the organization's commitment to transparency and responsible stewardship of funds. The high score reflects excellent practices in governance, with a board composed entirely of independent members and robust policies in place.

The charity demonstrates financial integrity through various metrics, including a low liabilities-to-assets ratio of 32.24% and a program expense ratio of 85.50%, indicating that a significant majority of its expenses are dedicated to its programs. The organization has developed effective oversight mechanisms, such as an Audit and Oversight Committee, and has established policies addressing conflicts of interest and whistleblower protections.

While the data points highlight strengths in financial practices and governance, no specific limitations or concerns are noted in the evaluation. This suggests that The Learning Source operates at a high standard, making it a reliable choice for potential donors looking to support a nonprofit with a proven track record.


This AI summary has been generated from information found on Charity Navigator.

Is The Learning Source legitimate?

The Learning Source is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Learning Source 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: $129,642
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Learning Source?

The Learning Source's mission is centered around promoting and providing educational opportunities for adults and families. Through collaborative partnerships, they aim to support the future achievements of these individuals. Their activities encompass various educational programs such as Family Literacy, Adult Basic Education, English Language Acquisition, Learning Collaboration, and Distance Learning. During the year, they serve around 2,000 students, demonstrating their commitment to lifelong learning and personal development.

Who is the CEO of The Learning Source?

Joshua Evans is the Executive Director of The Learning Source.

What is the revenue of The Learning Source?

The Learning Source's revenue in 2022 was $3,367,695.

Who are the executives of The Learning Source and what are their salaries?

The average compensation at The Learning Source during 2022 was $1,379. There are 94 employees and 125 volunteers at The Learning Source.


Here are 8 key members and their salaries:


Josh Evans (Executive Director)
  • Compensation: $129,461
  • Related: $0
  • Other: $4,004
Lisa Hidalgo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Gallegos (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nita Bratt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bentley Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Savich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Lamping (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Montgomery (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Learning Source?

The Learning Source's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Learning Source

The Learning Source, as an organization, is committed to fostering educational opportunities for adults and families through collaborative partnerships. Their mission is to support the future achievements of these individuals by providing a range of educational programs. Specifically, they offer instruction in core areas such as Family Literacy, Adult Basic Education, English Language Acquisition, Learning Collaboration, and Distance Learning. During the year, they served around 2,000 individual students, demonstrating their commitment to making a meaningful impact in the lives of their learners.

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Impact




July, 2024

The Learning Source's impact is significant in promoting educational opportunities for adults and families in Denver, CO. Through collaborative partnerships, The Learning Source provides instruction in Family Literacy, Adult Basic Education, English Language Acquisition, Learning Collaboration, and Distance Learning. With approximately 2,000 individual students served annually, this organization plays a crucial role in supporting the future achievements of its learners.




This information is meant to be a general summary of The Learning Source. 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.

Revenue
$3,367,695 (2022)
Expenses
$3,115,342 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $53
  • Gross Receipts: $3,367,695

Assets and Liabilities:

  • Total Assets: $2,170,117
  • Total Liabilities: $741,130
  • Net Assets: $1,428,987

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADULT EDUCATION/FAMILIY LITERACY

Revenue

$53

Organization Details

Founding Year

1968

Principal Officer

Joshua Evans

Main Address

8790 W COLFAX AVE, DENVER, CO, 80215

NTEE Category

Code: B61Z - Education

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