Primary Source Learning Inc
Nonprofit profile at a glance
- EIN
- 260237128
- IRS 990 coverage
- 2010–2020
- Forms available
- Form 990 2020
- Location
- Falls Church, VA, USA
- Phone
- 7032946270
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Nonmonetary Support N.E.C.
Reported finances
- Revenue
- $281,974
- Expenses
- $267,279
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Sherry Levitt (Executive Director)
Highest reported compensation
- Sherry Levitt (Executive Director): $122,457 total reported compensation
- Cynthia Szwajkowski (Assistant Director): $97,211 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Primary Source Learning (TPSNVA) implemented the Teaching with Primary Sources program of the Library of Congress for Virginia until September 30, 2021, when the organization dissolved. The participants of this program were Pre-K through college educators and administrators throughout the states who attended free professional development workshops, presentations, and courses utilizing the extensive digital primary sources of the Library of Congress. In connecting teachers to the Library of Congress, TPSVA supported its programs and mission by instructing teachers in accessing the online instructional resources of the Nation's library.
What it reported doing in 2020
Primary Source Learning (TPSNVA) implemented the Teaching with Primary Sources program of the Library of Congress for Virginia until September 30, 2021, when the organization dissolved. The participants of this program were Pre-K through college educators and administrators throughout the states who attended free professional development workshops, presentations, and courses utilizing the extensive digital primary sources of the Library of Congress. In connecting teachers to the Library of Congress, TPSVA supported its programs and mission by instructing teachers in accessing the online instructional resources of the Nation's library.Primary Source Learning completed its programs and legally dissolved effective September 30, 2021. The organization donated it's remaining funds to a public school in Virginia that was active in using the online programs supported by TNSNVA.
Operating model
- Revenue model
- Grant-funded. 100% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 99% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 92
- Accountability: 91
- Sustainability: 21
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.3%; rating input score 85
- Program expense ratio: 90%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 5.2%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 82.2%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: -3% per year; rating input score 0; 34th percentile among comparable filings
- Revenue growth: -0.3% per year; rating input score 0; 34th percentile among comparable filings
- Asset growth: -13.6% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 85.3% of revenue deployed · 90% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $241K in reported program spending
- Leadership: top reported pay $122K · 13 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 11 filing years from 2010 to 2020
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 1/100.