Learning Clinic INC FY2022 filing

Tax-deductible

Brooklyn, CT501(c)(3)Since 1980EIN 06-1023016

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The mission of the Learning Clinic is to provide a complete range of services in education and treatment for students and their families. The origanization's aim is to assist students in meeting their academic goals and preparing for future experiences in educational, vocational, and community settings. The programs prepare students to live and work as full participants within their communities. Most important, tlc helps students maintain and improve their relationships with their families and their interactions and relationships within the larger community.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $1.4M a year · 35% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.8M
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 8 voting members
Worth a look: 1 of 8 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.1M
-50% vs prior year
Spent
$5.7M
To programs
78%
Net assets
$16.8M
By yearFY2020–FY2024
Revenue
$2.1M
FY2022▼ -50%
Revenue by fiscal year
FY2020$7.5M
FY2021$4.2M
FY2022$2.1M
FY2023$2.7M
FY2024$3.4M
FY2024$3.4M
Expenses
$5.7M
FY2022▲ +13%
Expenses by fiscal year
FY2020$7.4M
FY2021$5.0M
FY2022$5.7M
FY2023$4.2M
FY2024$4.3M
FY2024$4.1M
Net assets
$16.8M
FY2022▼ -25%
Net assets by fiscal year
FY2020$20.7M
FY2021$22.5M
FY2022$16.8M
FY2023$17.8M
FY2024$19.5M
FY2024$22.6M

From the FY2022 Form 990 (year ending July 2022) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $4.5M Management & general 22% · $1.2M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
VP Exec Director
$0Pt VII · Sec A
Scty Director
$0Pt VII · Sec A
Pres Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023
Raymond Ducharme$125,203$129,856$159,176
Tara Scanlon$119,741$110,610$99,231
Barbara Ducharme$26,926$43,755$43,755

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Provides special education for children with learning disorders and disabilities.

Provided by the organization

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2 program services account for $4.5M of program spending, described in the organization's own filed words · FY2021.
01

Special education programs provided to approximately 57 students for the regular school year and 42 students for the summer school program.

$2.5Mprogram expense
02

Residential program providing housing to approximately 28 students.

$2.0Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Fees for servicesLn 2g$2.7M
Investment incomeLn 3$173K
Gifts and grantsLn 1h$2K
Money outPt IX
$5.7M
Ln 25
Programscol B$4.5M
Managementcol C$1.2M
Owns and owesPt X
$16.8M
net assets · Ln 32
Cash and savingsLn 1–2$488K
Total assetsLn 16$18.7M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2K
Fees for servicesLn 2g$2.7M
Investment incomeLn 3$173K
Gains on assetsLn 7−$808K
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
CashLn 1$110K
SavingsLn 2$379K
Cash and savings togetherLn 1–2$488K
InvestmentsLn 11–13$14.9M
Land, buildings, equipmentLn 10c$2.9M
Total assetsLn 16$18.7M
LiabilitiesLn 26$1.8M
Net assetsLn 32$16.8M
OperationsPt I, VI
EmployeesI 533
VolunteersI 66
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$650K$488K
InvestmentsLn 11–13$19.5M$14.9M
Land, buildings, equipmentLn 10c$3.2M$2.9M
Total assetsLn 16$23.8M$18.7M
LiabilitiesLn 26$1.3M$1.8M
Net assetsLn 32$22.5M$16.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of disqualified personsLn 6$2.0M$2.0M$53K
Payroll taxesLn 10$169K$165K$3K
Legal feesLn 11b$9K$9K
Accounting feesLn 11c$63K$63K
Investment management feesLn 11f$88K$88K
Advertising and promotionLn 12$3K$3K
OccupancyLn 16$570K$552K$18K
TravelLn 17$34K$34K
InterestLn 20$712$712
Depreciation, depletion and amortizationLn 22$272K$272K
InsuranceLn 23$590K$585K$5K
Other expenses (24a–d)Ln 24$1.5M$513K$1.0M
All other expensesLn 24e$326K$290K$35K
Total functional expensesLn 25$5.7M$4.5M$1.2M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $3.4M$4.3M−$844K$19.5M 990 PDF
FY2023 $2.7M$4.2M−$1.6M$17.8M 990 PDF
FY2022 Viewing $2.1M$5.7M−$3.6M$16.8M 990 PDF
FY2021 $4.2M$5.0M−$890K$22.5M 990 PDF
FY2020 $7.5M$7.4M$69K$20.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $2,064,442 across 7 lines filed
VIII-1f All other contributions, gifts and grants$2,461
VIII-1h Total contributions, gifts and grants$2,461
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,688,627$2,688,627
VIII-3 Investment incomeExcluded from tax $173,265$173,265
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$808,181−$808,181
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $8,270$8,270
VIII-12 Total revenueRelated to mission $2,688,627 · Unrelated business $0 · Excluded from tax −$626,646$2,064,442
Part IX · Statement of functional expenses $5,690,846 across 13 lines filed
IX-6 Pay of disqualified personsPrograms $1,975,350 · Management $52,528$2,027,878
IX-10 Payroll taxesPrograms $165,306 · Management $3,374$168,680
IX-11b Legal feesPrograms $9,484$9,484
IX-11c Accounting feesPrograms $62,612$62,612
IX-11f Investment management feesManagement $87,565$87,565
IX-12 Advertising and promotionPrograms $2,862$2,862
IX-16 OccupancyPrograms $551,537 · Management $18,451$569,988
IX-17 TravelPrograms $33,502$33,502
IX-20 InterestPrograms $712$712
IX-22 Depreciation, depletion and amortizationPrograms $271,790$271,790
IX-23 InsurancePrograms $585,051 · Management $4,688$589,739
IX-24 Other expenses (24a–d)Programs $512,790 · Management $1,027,699$1,540,489
IX-24e All other expensesPrograms $290,145 · Management $35,400$325,545
IX-25 Total functional expensesPrograms $4,461,141 · Management $1,229,705 · Fundraising $0$5,690,846
Part X · Balance sheet $18,660,493 assets, 14 lines filed
Asset lines not itemized here account for $8,799; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $131,965$109,551
X-2 Savings and temporary cash investmentsStart of year $517,825$378,710
X-4 Accounts receivableStart of year $487,169$321,245
X-9 Prepaid expenses and deferred chargesStart of year $15,698$15,073
X-10c Land, buildings and equipment, netStart of year $3,152,044$2,892,287
X-11 Publicly traded securitiesStart of year $17,584,437$14,607,858
X-12 Other securitiesStart of year $1,949,190$326,970
X-16 Total assetsStart of year $23,847,127$18,660,493
X-17 Accounts payable and accrued expensesStart of year $1,319,268$1,811,372
X-25 Other liabilitiesStart of year $16,828$18,153
X-26 Total liabilitiesStart of year $1,336,096$1,829,525
X-27 Net assets without donor restrictionsStart of year $22,511,031$16,830,968
X-32 Total net assets or fund balancesStart of year $22,511,031$16,830,968
X-33 Total liabilities and net assetsStart of year $23,847,127$18,660,493
Part XI · Reconciliation of net assets $16,830,968 net assets at year end
XI-1 Total revenue$2,064,442
XI-2 Total expenses$5,690,846
XI-3 Revenue less expenses−$3,626,404
XI-4 Net assets at start of year$22,511,031
XI-5 Net unrealized gains (losses) on investments−$2,044,780
XI-9 Other changes in net assets−$8,879
XI-10 Net assets at end of year$16,830,968

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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