Learning Express Academy INC FY2020 filing

IRS exemption revoked

Newark, DEUnknown exempt organization EIN 20-3987670Revenue $561K in FY2020Latest filing we have: 2021. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSlearningexpressschool.orgNewark, DE

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Education-elementary age school

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-3987670) · Dispute this line
100¢ of each $1 spent went to programs.
$5K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
The IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2021
latest Form 990
The latest return is for FY2021, 5 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $39K a year · 7% of revenue · last 2 filings
A surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$5K
to officers and key staff · 0.9% of spending
Pay to officers and key staff is 0.9% of spending.
Part VII, Section A
0.6 mo
of spending, in cash
0.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $136
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$230K
345% of total assets
Liabilities are 345% of assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$561K
Spent
$621K
To programs
100%
Net assets
−$163K
By yearFY2020–FY2021
Revenue
$561K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$561K
FY2021$631K
Expenses
$621K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$621K
FY2021$650K
Net assets
−$163K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$163K
FY2021−$182K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

IRS revoked this organization's tax-exempt status on May 15, 2025
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing we have: FY2021.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $621K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $5K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$5,462Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Jennifer Valentine$8,650$5,462

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.

See Learning Express Academy INC executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Provides elementary education to children.

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1 program · $621K · in their own filed words · FY2020
01

Education-elementary age school

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-3987670) · Dispute this line
$621Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$136

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$561K
Ln 12
Fees for servicesLn 2g$477K
Gifts and grantsLn 1h$84K
Other incomeLn 4–11$3
Money outPt IX
$621K
Ln 25
Programscol B$621K
Owns and owesPt X
−$163K
net assets · Ln 32
Cash and savingsLn 1–2$29K
Total assetsLn 16$67K
LiabilitiesLn 26$230K
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$84K
Government grantsLn 1e$79K
Fees for servicesLn 2g$477K
Other incomeLn 4–11$3
Total revenueLn 12$561K
Assets in detailPt X, end of year
CashLn 1$29K
Cash and savings togetherLn 1–2$29K
Land, buildings, equipmentLn 10c$38K
Total assetsLn 16$67K
LiabilitiesLn 26$230K
Net assetsLn 32−$163K
OperationsPt I, VI
EmployeesI 520
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$3K$29K
Land, buildings, equipmentLn 10c$39K$38K
Total assetsLn 16$42K$67K
LiabilitiesLn 26$145K$230K
Net assetsLn 32−$103K−$163K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$5K$5K
Other salaries and wagesLn 7$261K$261K
Other employee benefitsLn 9$31K$31K
Payroll taxesLn 10$21K$21K
Accounting feesLn 11c$5K$5K
Office expensesLn 13$27K$27K
OccupancyLn 16$150K$150K
InterestLn 20$4K$4K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$14K$14K
All other expensesLn 24e$99K$99K
Total functional expensesLn 25$621K$621K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 LatestFiled with the IRS Mar 10, 2022 $631K$650K−$19K−$182K 990 PDF
FY2020 ViewingFiled with the IRS Sep 1, 2021 $561K$621K−$60K−$163K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $561,060 revenue, 12 lines filed
I-8 Contributions and grants$84,255
I-9 Program service revenue$476,802
I-10 Investment income$0
I-11 Other revenue$3
I-12 Total revenue$561,060
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$318,965
I-16a Professional fundraising fees$0
I-17 Other expenses$301,906
I-18 Total expenses$620,871
I-19 Revenue less expenses−$59,811
Part VI · Governance 4 of 4 board members independent, 2 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $561,060 across 6 lines filed
VIII-1e Government grants$79,255
VIII-1f All other contributions, gifts and grants$5,000
VIII-1h Total contributions, gifts and grants$84,255
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $476,802$476,802
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3$3
VIII-12 Total revenueRelated to mission $476,805 · Unrelated business $0 · Excluded from tax $0$561,060
Part IX · Statement of functional expenses $620,871 across 12 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $5,463$5,463
IX-7 Other salaries and wagesPrograms $261,136$261,136
IX-9 Other employee benefitsPrograms $31,260$31,260
IX-10 Payroll taxesPrograms $21,106$21,106
IX-11c Accounting feesPrograms $4,680$4,680
IX-13 Office expensesPrograms $26,733$26,733
IX-16 OccupancyPrograms $150,267$150,267
IX-20 InterestPrograms $4,013$4,013
IX-22 Depreciation, depletion and amortizationPrograms $1,355$1,355
IX-23 InsurancePrograms $1,320$1,320
IX-24 Other expenses (24a–d)Programs $14,349$14,349
IX-24e All other expensesPrograms $99,189$99,189
IX-25 Total functional expensesPrograms $620,871 · Management $0 · Fundraising $0$620,871
Part X · Balance sheet $66,515 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $2,720$28,975
X-10c Land, buildings and equipment, netStart of year $38,895$37,540
X-16 Total assetsStart of year $41,615$66,515
X-22 Loans from officers and insidersStart of year $97,013$96,232
X-23 Secured mortgages and notes payable$112,500
X-24 Unsecured notes and loans payableStart of year $44,164$20,985
X-26 Total liabilitiesStart of year $145,006$229,717
X-31 Retained earnings or endowmentStart of year −$103,391−$163,202
X-32 Total net assets or fund balancesStart of year −$103,391−$163,202
X-33 Total liabilities and net assetsStart of year $41,615$66,515
Part XI · Reconciliation of net assets −$163,202 net assets at year end
XI-1 Total revenue$561,060
XI-2 Total expenses$620,871
XI-3 Revenue less expenses−$59,811
XI-4 Net assets at start of year−$103,391
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$163,202

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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