Learning Company FY2020 filing

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The Learning Company is a group of local centers that make living and learning without school an option for teens. We provide academic and non-academic support as well as a supportive community for teens to pursue their education. We operate centers in various communities in

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-3328809) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$79K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $76K a year · 7% of revenue · last 6 filings
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
80% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$79K
to officers and key staff · 11% of spending
Pay to officers and key staff is 11% of spending.
Part VII, Section A
1.0 mo
of spending, in cash
Plus $83K in investments, Pt X · Ln 11–13
1.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $92
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$83K
45% of total assets
Liabilities are 45% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$683K
Spent
$744K
To programs
80%
Net assets
$100K
By yearFY2020–FY2025
Revenue
$683K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$683K
FY2021$837K
FY2022$1.1M
FY2023$1.3M
FY2024$1.4M
FY2025$1.1M
Expenses
$744K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$744K
FY2021$721K
FY2022$930K
FY2023$1.2M
FY2024$1.3M
FY2025$1.1M
Net assets
$100K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$100K
FY2021$240K
FY2022$374K
FY2023$509K
FY2024$642K
FY2025$651K

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2011.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $597K Management & general 18% · $131K Fundraising 2% · $16K

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

10 people listed on the 990; $79K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Co-Director
$53,682Pt VII · Sec A
Co-Director
$25,283Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Joel Hammon’s $67K as Director is at the 12th percentile of top reported officer pay among 3394 $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

NameFY2025FY2024FY2022FY2021FY2020
Joel Hammon$67,089$79,066$54,601$53,682$53,682
Paul V Scutt————$25,283

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 Company 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

Programs and updates

Empower teens to learn and live outside traditional school through community centers and support.

Questions for Learning Company

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Your first name shows with your question. Learning Company answers here, for everyone.

1 program · $597K · in their own filed words · FY2019
01

The Learning Company offers classes, tutoring, mentoring, help finding volunteer and work opportunities, help with college admissions, and a safe and welcoming spaces for teens to work and socialize.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-3328809) · Dispute this line
$597Kprogram 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$92

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$683K
Ln 12
Fees for servicesLn 2g$643K
Gifts and grantsLn 1h$33K
Investment incomeLn 3$4K
Money outPt IX
$744K
Ln 25
Programscol B$597K
Managementcol C$131K
Fundraisingcol D$16K
Owns and owesPt X
$100K
net assets · Ln 32
Cash and savingsLn 1–2$61K
Total assetsLn 16$183K
LiabilitiesLn 26$83K
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$33K
Fees for servicesLn 2g$643K
Investment incomeLn 3$4K
Other incomeLn 4–11$3K
Total revenueLn 12$683K
Assets in detailPt X, end of year
CashLn 1$61K
Cash and savings togetherLn 1–2$61K
Accounts receivableLn 4$29K
InvestmentsLn 11–13$83K
Other assetsLn 15$10K
Total assetsLn 16$183K
LiabilitiesLn 26$83K
Net assetsLn 32$100K
OperationsPt I, VI
EmployeesI 59
VolunteersI 645
Fiscal year endsHeaderJune
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$73K$61K
InvestmentsLn 11–13$77K$83K
Total assetsLn 16$177K$183K
LiabilitiesLn 26$18K$83K
Net assetsLn 32$160K$100K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$241K$241K
Pay of officers and key staff (Part IX, line 5)Ln 5$104K$73K$26K$5K
Other salaries and wagesLn 7$242K$158K$75K$10K
Pension plan contributionsLn 8$4K$2K$1K$180
Payroll taxesLn 10$29K$20K$8K$1K
Accounting feesLn 11c$11K$6K$6K
Advertising and promotionLn 12$60$30$30
Office expensesLn 13$9K$7K$2K$43
OccupancyLn 16$76K$68K$8K
InsuranceLn 23$17K$15K$2K
Other expenses (24a–d)Ln 24$12K$8K$4K
Total functional expensesLn 25$744K$597K$131K$16K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Nov 12, 2025 $1.1M$1.1M$18K$651K 990 PDF
FY2024Filed with the IRS Oct 26, 2024 $1.4M$1.3M$102K$642K 990 PDF
FY2023Filed with the IRS Feb 14, 2024 $1.3M$1.2M$127K$509K 990 PDF
FY2022Filed with the IRS Oct 12, 2022 $1.1M$930K$153K$374K 990 PDF
FY2021Filed with the IRS Nov 11, 2021 $837K$721K$117K$240K 990 PDF
FY2020 ViewingFiled with the IRS May 12, 2021 $683K$744K−$61K$100K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $683,193 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $39,633$33,455
I-9 Program service revenuePrior year $817,818$643,326
I-10 Investment incomePrior year $6,406$3,862
I-11 Other revenuePrior year $2,620$2,550
I-12 Total revenuePrior year $866,477$683,193
I-13 Grants and similar amounts paidPrior year $364,080$241,118
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $366,042$378,433
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $115,644$124,706
I-18 Total expensesPrior year $845,766$744,257
I-19 Revenue less expensesPrior year $20,711−$61,064
Part VI · Governance 8 of 8 board members independent, 2 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
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 $683,193 across 6 lines filed
VIII-1f All other contributions, gifts and grants$33,455
VIII-1h Total contributions, gifts and grants$33,455
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $643,326$643,326
VIII-3 Investment incomeExcluded from tax $3,862$3,862
VIII-6 Net rental income or lossExcluded from tax $2,550$2,550
VIII-12 Total revenueRelated to mission $643,326 · Unrelated business $0 · Excluded from tax $6,412$683,193
Part IX · Statement of functional expenses $744,257 across 11 lines filed
IX-2 Grants to domestic individualsPrograms $241,118$241,118
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $72,659 · Management $26,373 · Fundraising $5,212$104,244
IX-7 Other salaries and wagesPrograms $157,521 · Management $74,504 · Fundraising $9,596$241,621
IX-8 Pension plan contributionsPrograms $2,160 · Management $1,260 · Fundraising $180$3,600
IX-10 Payroll taxesPrograms $19,660 · Management $8,079 · Fundraising $1,229$28,968
IX-11c Accounting feesPrograms $5,523 · Management $5,523$11,046
IX-12 Advertising and promotionPrograms $30 · Management $30$60
IX-13 Office expensesPrograms $7,341 · Management $1,534 · Fundraising $43$8,918
IX-16 OccupancyPrograms $68,008 · Management $7,556$75,564
IX-23 InsurancePrograms $15,123 · Management $1,680$16,803
IX-24 Other expenses (24a–d)Programs $8,301 · Management $4,014$12,315
IX-25 Total functional expensesPrograms $597,444 · Management $130,553 · Fundraising $16,260$744,257
Part X · Balance sheet $183,114 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $73,038$61,428
X-4 Accounts receivableStart of year $19,858$28,882
X-11 Publicly traded securitiesStart of year $77,419$83,285
X-15 Other assetsStart of year $6,912$9,519
X-16 Total assetsStart of year $177,227$183,114
X-17 Accounts payable and accrued expensesStart of year $2,198$4,218
X-19 Deferred revenueStart of year $15,525$11,825
X-24 Unsecured notes and loans payable$66,575
X-26 Total liabilitiesStart of year $17,723$82,618
X-27 Net assets without donor restrictionsStart of year $159,504$100,496
X-32 Total net assets or fund balancesStart of year $159,504$100,496
X-33 Total liabilities and net assetsStart of year $177,227$183,114
Part XI · Reconciliation of net assets $100,496 net assets at year end
XI-1 Total revenue$683,193
XI-2 Total expenses$744,257
XI-3 Revenue less expenses−$61,064
XI-4 Net assets at start of year$159,504
XI-5 Net unrealized gains (losses) on investments$2,056
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$100,496

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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