Learning About Business INC

Tax-deductible

Painesville, OH501(c)(3)Youth DevelopmentEIN 34-1381822

Educates high school students on the role of business in our society

501(c)(3) charity; gifts are tax-deductible.
Run by 100 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990-EZIndependent: 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
FY2025
latest Form 990-EZ
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $2K a year · 4% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Named funders
4
named funders · $18K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$83K
-23% vs prior year
Net assets
$215K
By yearFY2020–FY2025
Revenue
$83K
FY2025▼ -23%
Revenue by fiscal year
FY2020$49K
FY2021$65K
FY2022$58K
FY2023$51K
FY2024$109K
FY2025$83K
Expenses
—
FY2025
Expenses by fiscal year
FY2020$44K
FY2021$67K
FY2022$68K
FY2023Not on file
FY2024Not on file
FY2025Not on file
Net assets
$215K
FY2025▲ +3%
Net assets by fiscal year
FY2020$206K
FY2021$204K
FY2022$194K
FY2023$170K
FY2024$209K
FY2025$215K

From the FY2025 Form 990 (year ending August 2025) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1983.

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

Who runs it and what they're paid

12 people listed on the 990-EZ.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Board Chair
$0Pt VII · Sec A
Finance Chair
$0Pt VII · Sec A
Fund Development Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Marie Graf’s $26K as Executive Di is at the 64th percentile of top reported officer pay among 112 <$100K youth development 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

NameFY2023FY2022FY2021FY2020
Marie Graf$26,400$26,400$24,000$24,000

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.

See Learning About Business INC executive salaries →

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Programs and updates

Educates high school students on business's role in society.

Provided by the organization

This section is blank until Learning About Business INC claims this page.

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1 program service account for $58K of program spending, described in the organization's own filed words · FY2021.
01

Summer progam for high school students on the role of business in our society

$58Kprogram expense

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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 · FY2024
See all 4 funders →

By the numbers

The FY2025 990-EZ, line by line.

1The main four
Money in
$83K
Other income$83K
Owns and owes
$215K
net assets
Liabilities$0
People
12
listed
Paid0
2In more detail
Revenue in detail
Other income$83K
Total revenue$83K
Assets in detailEnd of year
Liabilities$0
Net assets$215K
Operations
Employees0
Volunteers100
Fiscal year endsAugust

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $83K$215K 990 PDF
FY2024 $109K$209K 990 PDF
FY2023 $51K$170K 990 PDF
FY2022 $58K$68K−$10K$194K 990 PDF
FY2021 $65K$67K−$1K$204K 990 PDF
FY2020 $49K$44K$5K$206K 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

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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