Learning First Foundation INC FY2023 filing
Supports public education by funding, managing facilities, and engaging the community for students, families, and teachers. For fiscal year 2023 it reported $1.1M in revenue, $583K in expenses, and $3.9M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Worcester, MA
- Website
- learningfirstfoundation.org
- Filings
- 5 on file (2021–2023)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Owned, operated, maintained and improved real estate for the operation and maintenance of the learning first charter public school. We also stimulated the development of innovative programs at the learning first charter public school.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Cynthia Krackovic’s $10K as Director of Finance is at the 2nd percentile of top reported officer pay among 3392 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Rosie Fayard | — | — | — | — | $88,569 |
| Cynthia Krackovic | $10,387 | $16,915 | $16,107 | $14,471 | $14,770 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 67% | — | — |
| Overhead ratio | 33% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 20% | — | — |
| Accounting fee ratio | 5% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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