Learnup Centers EIN 47-2262474

Learnup Centers FY2020 filing

EIN  47-2262474 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF)
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Size
$1–10M
What they do
Teaches all learners to read, from beginners to advanced.
Leadership
Steve Hagler · Executive Dir. · $120K
Money in and out
$563K revenue, $524K expenses
Bottom line
96% program efficiency

Teaches all learners to read, from beginners to advanced. For fiscal year 2020 it reported $563K in revenue, $524K in expenses, and $122K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$563K
Pt VIII · Ln 12
Total expenses
$524K
Pt IX · Ln 25
Net assets
$122K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $40K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs
Operating runway
2.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$563K
FY2020
Expenses
$524K
FY2020
Total assets
$122K
FY2020
Total liabilities
$213
FY2020
Total revenue
$563K
Pt VIII · Ln 12
Total expenses
$524K
Pt IX · Ln 25
Net assets
$122K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$40K
Total assetsPt X · Ln 16$122K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $505K of program spending, described in the organization's own filed words · FY2020.
01

We successfully pivoted all of our in-person tutoring to remote tutoring, with the same incredible results. And continued to offer financial aid and full scholarships to over ? of our students.

$505Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLearnup Centers
EINHdr · item D47-2262474
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jwww.learnupcenters.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K30)
Ruling yearIRS BMFDec 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$120,000Pt VII · Sec A
President
$0Pt VII · Sec A
Sec/Treasurer
$0Pt VII · Sec A

Steve Hagler’s $130K as Executive Dir. is at the 74th percentile of top reported officer pay among 819 $1–10M food & agriculture 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

NameFY2024FY2023FY2022FY2021FY2020
Steve Hagler$130,000$130,000$130,000$120,000$120,000

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 revenue$401K · 71%
Contributions & grants$162K · 29%
Program service revenue71%$401K
Contributions & grants29%$162K
Total revenueLn 12$563K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$505K
Management & general4%$18K
Total functional expensesLn 25$524K

Balance Sheet

Part X · end of year
CashLn 1$115K
Total assetsLn 16$122K
Total liabilitiesLn 26$213
Total net assetsLn 32$122K
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $115K · Operating expenses/yr $524K
2.6 months
Where the money goes
Program services
Program services $505K · Total expenses $524K
96%
Management & General
Management & general $18K · Total expenses $524K
4%
Fundraising
Fundraising $0 · Total expenses $524K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $162K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $162K · Total revenue $563K
29%
Government reliance
Government grants — · Total revenue $563K
Earned-income share
Program service revenue $401K · Total revenue $563K
71%
Investment reliance
Investment income $0 · Total revenue $563K
0%
Program self-sufficiency
Program service revenue $401K · Total expenses $524K
77%
Growth & trend
Revenue growth (YoY)
This year $563K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $122K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $563K · Expenses $524K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $122K
Net-asset ratio
Net assets $122K · Total assets $122K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $122K
0%
People & payroll
Highest Reported Total Compensation
Individual Steve Hagler · Reported title Executive Dir. · Highest reported compensation $120K · Total expenses $524K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $120K · Total expenses $524K
23%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

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 · FY2024
Total grants receivedfrom 4 funders$165K
See all 4 funders →

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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
FY2024 (Latest)$1.5M revenue · ⤓ 990 PDF
FY2023$1.5M revenue · ⤓ 990 PDF
FY2022$989K revenue · ⤓ 990 PDF
FY2021$682K revenue · ⤓ 990 PDF
FY2020$563K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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