The Learning Tree INC EIN 23-7087042

The Learning Tree INC

EIN  23-7087042 Public charity (501(c)(3)) Brunswick, MD
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
a human services nonprofit
Leadership
David Winant · President
Money in and out
$381K revenue, $407K expenses
Bottom line
82% program efficiency

The Learning Tree INC is a human services nonprofit based in Brunswick, MD. For fiscal year 2025 it reported $381K in revenue, $407K in expenses, and $66K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$381K
Pt VIII · Ln 12
Total expenses
$407K
Pt IX · Ln 25
Net assets
$66K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$26K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.18
Program efficiency
82%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
5.3mo
months of highly liquid reserves at operating expense rate▲ +6% vs prior filing year
Surplus margin
-7%
revenue over expenses, this year▲ +67% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$381K
FY2025▲ +12%
Expenses
$407K
FY2025▼ -1%
Total assets
$182K
FY2025▲ +5%
Total liabilities
$116K
FY2025▲ +42%
Total revenue
$381K
Pt VIII · Ln 12
Total expenses
$407K
Pt IX · Ln 25
Net assets
$66K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$26K
Total assetsPt X · Ln 16$182K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $334K of program spending, described in the organization's own filed words · FY2024.
01

Preschool child care center providing full day service. A significant portion of the population are social service recipients. Before and after school and summer camp child care programs designed to provide services for economically disadvantaged students.

$334Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Learning Tree INC
EINHdr · item D23-7087042
Principal addressHdr · item CBrunswick, MD
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P33Z)
Ruling yearIRS BMFNov 1970

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Dir
$0Pt VII · Sec A

Alfred Opack’s $52K as Executive Dir is at the 40th percentile of top reported officer pay among 2165 $100K–1M human services 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 · 1 named individual · Part VII

NameFY2022FY2021FY2020FY2019
Alfred Opack$52,000$72,000$44,000$47,000

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

Part VIII
Program service revenue100%$381K
Total revenueLn 12$381K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$334K
Management & general18%$73K
Total functional expensesLn 25$407K

Balance Sheet

Part X · end of year
CashLn 1$180K
Total assetsLn 16$182K
Total liabilitiesLn 26$116K
Total net assetsLn 32$66K
Months of cash on handcomputed5.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $180K · Operating expenses/yr $407K
5.3 months
Where the money goes
Program services
Program services $334K · Total expenses $407K
82%
Management & General
Management & general $73K · Total expenses $407K
18%
Fundraising
Fundraising $0 · Total expenses $407K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $25K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $381K
0%
Government reliance
Government grants — · Total revenue $381K
Earned-income share
Program service revenue $381K · Total revenue $381K
100%
Investment reliance
Investment income $0 · Total revenue $381K
0%
Program self-sufficiency
Program service revenue $381K · Total expenses $407K
94%
Growth & trend
Revenue growth (YoY)
This year $381K · Prior year $341K
+12%
Revenue CAGR
FY2018 $428K · FY2024 $381K
-2%
Net-asset trend (YoY)
End of year $66K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $381K · Expenses $407K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $182K
Net-asset ratio
Net assets $66K · Total assets $182K
36%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $182K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Winant · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $407K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $314K · Total expenses $407K
77%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 18%
Revenue growth 12%

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.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$381K revenue · viewing · ⤓ 990 PDF
FY2024$341K revenue · ⤓ 990 PDF
FY2023$476K revenue · ⤓ 990 PDF
FY2022$506K revenue · ⤓ 990 PDF
FY2021$279K revenue · ⤓ 990 PDF
FY2020$323K revenue · ⤓ 990 PDF
FY2019$428K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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