The Learning Community INC

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EIN 46-2625575 Unknown exempt organization Fort Wayne, IN
Form 990 (PDF)

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Revenue & expenses by yearFY2020–FY2025
Revenue
$449K
FY2025▼ -57%
Expenses
$474K
FY2025▼ -55%

Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).


Offers early education and childcare, serving as an academic lab for related fields. For fiscal year 2025 it reported $449K in revenue, $474K in expenses, and $-200K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Fort Wayne, IN
Website
thelearningcommunityfw.com
Filings
6 on file (2020–2025)
Revenue
$449KFY2025
Expenses
$474K
Net assets
$-200K
People
8
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Provided by the organization

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Size
$100K–1M
What they do
Offers early education and childcare, serving as an academic lab for related fields.
Leadership
Brad Hand · Dir/Administ · $61K
Money in and out
$449K revenue, $474K expenses
Bottom line
-5% surplus margin

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

NEUTRAL

Not on file

IRS deductibility code is not on file for this EIN. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Yes — filed FY2025

Most recent Form 990 on file is for fiscal year 2025 (1 year ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Early Learning Indiana INC

1 distinct foundation funder(s) on file, $18K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

83% to programs

83% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · ↓ -57% vs prior year

Revenue band $100K–1M, -57% versus the prior filing year (down). See detail →

Reported financial activity · FY2025
Total revenue
$449K
Pt VIII · Ln 12
Total expenses
$474K
Pt IX · Ln 25
Net assets
$-200K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$24K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.17
Surplus margin
-5%
revenue over expenses, this year▼ -513% vs prior filing year
Program spending
83%
of expenses reach programs▼ -8% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$0
FY2025▼ -100%
Total liabilities
$200K
FY2025▼ -18%
Revenue less expensesPt I · Ln 19−$24K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CThe Learning Community INC
EINHdr · item D46-2625575
Principal addressHdr · item CFort Wayne, IN
WebsiteHdr · item Jthelearningcommunityfw.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Dir/Administ
$61,285Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Brad Hand$61,285$79,310$93,730$93,730$91,583$90,250

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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Mission & Programs · Part III

Where the work happens

1 program service account for $393K of program spending, described in the organization's own filed words · FY2025.
01

Early education and childcare for children ages 6 weeks through 12 years. Academic laboratory for faculty and students in the fields of early childhood education, psychology and other related fields.

$393Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$331K · 74%
Contributions & grants$78K · 17%
Investment income$40K · 9%
Program service revenue74%$331K
Contributions & grants17%$78K
Investment income9%$40K
— government grantsLn 1e$38K
Total revenueLn 12$449K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17
Program services83%$393K
Management & general17%$81K
Total functional expensesLn 25$474K

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$0
Total liabilitiesLn 26$200K
Total net assetsLn 32$-200K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $474K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $393K · Total expenses $474K
83%
Management & General
Management & general $81K · Total expenses $474K
17%
Fundraising
Fundraising $0 · Total expenses $474K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $42K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $78K · Total revenue $449K
17%
Government reliance
Government grants $38K · Total revenue $449K
8%
Earned-income share
Program service revenue $331K · Total revenue $449K
74%
Investment reliance
Investment income $40K · Total revenue $449K
+9%
Program self-sufficiency
Program service revenue $331K · Total expenses $474K
70%
Growth & trend
Revenue growth (YoY)
This year $449K · Prior year $1.0M
-57%
Revenue CAGR
FY2020 $811K · FY2025 $449K
-11%
Net-asset trend (YoY)
End of year $-200K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $449K · Expenses $474K
-5%
Liabilities-to-Assets
Total liabilities — · Total assets $0
—
Net-asset ratio
Net assets $-200K · Total assets $0
—
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brad Hand · Reported title DIR/ADMINIST · Highest reported compensation $61K · Total expenses $474K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $341K · Total expenses $474K
72%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%——
Overhead ratio 17%——
Fundraising cost ratio 0%——
Revenue growth -57%——
Legal fee ratio 0.5%——
Accounting fee ratio 0.9%——

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.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$18K

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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)$449K revenue · viewing · ⤓ 990 PDF
FY2024$1.0M revenue · ⤓ 990 PDF
FY2023$725K revenue · ⤓ 990 PDF
FY2022$1.0M revenue · ⤓ 990 PDF
FY2021$1.3M revenue · ⤓ 990 PDF
FY2020$811K 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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