Learn Inc

Nonprofit profile at a glance

EIN
812272345
IRS 990-EZ coverage
2018–2019
Forms available
Form 990-EZ 2019, Form 990-N 2017
Location
Missoula, MT, USA
Phone
4065523974
Rating
95
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$156,859
Expenses
$149,085
Assets
$42,231
Liabilities
$2,472

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • TOM BOURGUIGNON (President)

People named in this filing

  • zachary morris (Executive Dir.)
  • JULIE MERRITT (Secretary)
  • KYLE SWANSON (MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Changing education.

What it reported doing in 2019

In 2019 Learn Inc continued to operate as an education platform for an alternative way of being, focusing on human development through the lens of social emotional well-being conscious communication, ecological literacy, whole person learning, and neuro-diversity. In 2019 Learn Inc. continued to offer a whole person learning platform for students who struggled in the other models, educated parents, health care providers, and teachers in the aforementioned subject areas, and supported students in their service to the greater community. In 2019 Learn Inc. grew its student population to 15 students, improved classroom offerings with additional learning resources and additional staff, and also developed additional partnerships in the community helping facilitate learning.

Operating model

Revenue model
Earned-program. 91% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 100
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.1%; rating input score 95
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 5%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 0.28; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 22.1%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 22.3% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 11.8% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 22.9% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 95.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $149K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2018 to 2019
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.