Learning Unlimited Inc

Nonprofit profile at a glance

EIN
900513935
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Fiskdale, MA, USA
Phone
6173790178
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$6,748
Expenses
$9,997
Assets
$50,920
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Benjamin Horowitz (Chief Executive Officer, non-voting Director)

People named in this filing

  • Benjamin Horowitz (Chief Executive Officer, non-voting Director)
  • Jordan Hines (Chairperson, Director)
  • Tiffany Hu (Director)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary exempt purpose of Learning Unlimited is the advancement of education. Learning Unlimited's goal is to energize and revitalize education on a national scale. LU accomplishes this goal by organizing and supporting groups of university students that run educational programs for pre-college students. The programs LU supports teach middle and high school students about "everything and anything."

What it reported doing in 2024

Learning Unlimited supported the work of about XX student groups, some newly formed and some existing, running on-campus educational enrichment programs for middle and high school students. A list of current programs can be found at https://www.learningu.org/current-programs/ . In the 2024-25 academic year, these programs served about XXX students. These programs were taught by approximately XXX volunteer teachers. Learning Unlimited expenses also included maintaining a web server for student registration (and numerous volunteer hours to support the codebase), on-site visits to support program operation, maintaining guides and best practices for local leaders, a conference for program leaders, and program mentoring.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.8%; rating input score 93

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -48.1%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 5.09; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -5.6% per year; rating input score 0; 34th percentile among comparable filings
  • Revenue growth: -15.3% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $9K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • High — Sustainability: Operating margin scored 13/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.