Learning Community Business & Networking Inc

Nonprofit profile at a glance

EIN
881212926
IRS 990-EZ coverage
2022–2022
Forms available
Form 990-EZ 2022
Location
Cape Coral, FL, USA
Phone
2395424400
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$20,112
Expenses
$7,058
Assets
$13,054

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • BRIAN SAULS (PRESIDENT)

People named in this filing

  • BRIAN SAULS (PRESIDENT)
  • JEFF CLAPP (VICE PRESIDE)
  • CRYSTAL REYES (SEC)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Learning we believe that life-long learning is critical to supporting business owners in the community. Our commitment is to create outstanding business educational opportunities for members and business owners alike to grow, evolve, and succeed. Community we believe that freely giving to our local communities and the organizations that support those in need is at the core of who we are. We will accomplish this through philanthropic events throughout the year. Business every business needs support as they grow, whether its operations, goal setting, initiatives, planning, or guidance. By leveraging the experience, talents, and resources of our members we create powerful relationships and new business opportunities allowing us to share in each others success. Networking we believe that developing meaningful relationships with other like-minded business owners and creating an abundance of generosity and appreciation for doing business with one another creates a win-win for everyone involv

What it reported doing in 2022

Learning, community, business & networking brings together business owners and solopreneurs who are interested in new business opportunities, new relationships and discovering new and exciting possibilities for their business. We offer educational events, brainstorming/problem solving sessions with members, after hour network opportunities and much more. Learning, community, business & networking members partner to create a significant impact on the local community through philanthropic events and endeavors. Learning, community, business & networking builds stronger business leaders and supports local organizations and the communities they serve this corporation is organized exclusively for charitable, religious, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(6) of the internal revenue code, or the corresponding section of any future federal tax code.

Operating model

Revenue model
Earned-program. 90% 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

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 82
  • Sustainability: 68
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.1%; rating input score 35
  • 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: Limited

Sustainability

  • Operating margin: 64.9%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 1.85; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 35.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $7K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.