Learning with Meaning INC FY2024 filing

Missoula, MTUnknown exempt organization EIN 47-2846496Revenue $415K in FY2024Latest return filed Sep 12, 2025

On file with the IRSlearningwithmeaning.orgMissoula, MT

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It is the mission of Learning with Meaning, Inc to create a community-based learning environment, respectful of all individuals and individual learning styles, inclusive of all family compositions, and without any religious affiliation.

92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
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 5
filings with a surplus
Average deficit $37K a year · 8% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $68
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$120K
143% of total assets
Concern: liabilities are 143% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$415K
-35% vs prior year
Spent
$533K
To programs
92%
Net assets
−$36K
By yearFY2021–FY2025
Revenue
$415K
FY2024▼ -35%
Tap a bar for its year
Revenue by fiscal year
FY2021$470K
FY2022$698K
FY2023$634K
FY2024$415K
FY2025$137K
Expenses
$533K
FY2024▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2021$482K
FY2022$749K
FY2023$585K
FY2024$533K
FY2025$190K
Net assets
−$36K
FY2024▼ -151%
Tap a bar for its year
Net assets by fiscal year
FY2021$69K
FY2022−$8K
FY2023$71K
FY2024−$36K
FY2025−$156K

From the FY2024 Form 990 (year ending August 2024) · see the original

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You’re viewing the FY2024 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 Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $488K Management & general 8% · $45K

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

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2022FY2021
Mike Anderson$42,768—
Annie Graham—$25,925

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 with Meaning INC 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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Builds inclusive, community-based learning environments for all.

Questions for Learning with Meaning INC

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1 program · $488K · in their own filed words · FY2023
01

We are a community of learners, offering several experiential learning programs for kids and adults. Aspire is an independent school for grades 6-12 with a focus on experiential and self directed learning. Our summer camps bring deep and exciting learning experiences to Missoula area students.

$488Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$68
Grants paid · 2 grants · $115K · 2023–2024
Unitemized GrantFY2024$43,100
Unitemized GrantFY2023$72,252

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$415K
Ln 12
Fees for servicesLn 2g$390K
Gifts and grantsLn 1h$25K
Money outPt IX
$533K
Ln 25
Programscol B$488K
Managementcol C$45K
Owns and owesPt X
−$36K
net assets · Ln 32
Cash and savingsLn 1–2$1K
Total assetsLn 16$84K
LiabilitiesLn 26$120K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$25K
Government grantsLn 1e$9K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$5K
Fees for servicesLn 2g$390K
Total revenueLn 12$415K
Assets in detailPt X, end of year
CashLn 1$1K
Cash and savings togetherLn 1–2$1K
Accounts receivableLn 4$53K
Land, buildings, equipmentLn 10c$29K
Total assetsLn 16$84K
LiabilitiesLn 26$120K
Net assetsLn 32−$36K
OperationsPt I, VI
EmployeesI 520
VolunteersI 610
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$14K$1K
Land, buildings, equipmentLn 10c$40K$29K
Total assetsLn 16$111K$84K
LiabilitiesLn 26$40K$120K
Net assetsLn 32$71K−$36K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$79K$79K
Other salaries and wagesLn 7$323K$283K$41K$0
Payroll taxesLn 10$29K$24K$4K$0
Legal feesLn 11b$62$62
Accounting feesLn 11c$2K$2K$0$0
Advertising and promotionLn 12$2K$2K
Information technologyLn 14$5K$5K
OccupancyLn 16$38K$38K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$18K$18K
Other expenses (24a–d)Ln 24$21K$21K$0$0
All other expensesLn 24e$9K$9K$0$0
Total functional expensesLn 25$533K$488K$45K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Sep 12, 2025 $137K$190K−$53K−$156K 990 PDF
FY2024 ViewingFiled with the IRS May 20, 2025 $415K$533K−$118K−$36K 990 PDF
FY2023Filed with the IRS Jul 9, 2024 $634K$585K$49K$71K 990 PDF
FY2022Filed with the IRS Aug 25, 2023 $698K$749K−$51K−$8K 990 PDF
FY2021Filed with the IRS Jan 14, 2022 $470K$482K−$12K$69K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $414,927 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $208,682$24,707
I-9 Program service revenuePrior year $406,643$390,220
I-10 Investment incomePrior year $16,435$0
I-11 Other revenuePrior year $1,789$0
I-12 Total revenuePrior year $633,549$414,927
I-13 Grants and similar amounts paidPrior year $78,127$78,769
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $393,745$351,664
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $112,931$102,887
I-18 Total expensesPrior year $584,803$533,320
I-19 Revenue less expensesPrior year $48,746−$118,393
Part VI · Governance 4 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $414,927 across 10 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$4,610
VIII-1d Related organizations$0
VIII-1e Government grants$9,000
VIII-1f All other contributions, gifts and grants$11,097
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$24,707
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $390,220 · Unrelated business $0 · Excluded from tax $0$390,220
VIII-12 Total revenueRelated to mission $390,220 · Unrelated business $0 · Excluded from tax $0$414,927
Part IX · Statement of functional expenses $533,320 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $78,769$78,769
IX-7 Other salaries and wagesPrograms $282,530 · Management $40,600 · Fundraising $0$323,130
IX-10 Payroll taxesPrograms $24,290 · Management $4,244 · Fundraising $0$28,534
IX-11b Legal feesPrograms $62$62
IX-11c Accounting feesPrograms $1,750 · Management $0 · Fundraising $0$1,750
IX-12 Advertising and promotionPrograms $2,056$2,056
IX-14 Information technologyPrograms $5,360$5,360
IX-16 OccupancyPrograms $38,000$38,000
IX-20 InterestPrograms $1,923$1,923
IX-22 Depreciation, depletion and amortizationPrograms $5,000$5,000
IX-23 InsurancePrograms $17,891$17,891
IX-24 Other expenses (24a–d)Programs $21,400 · Management $0 · Fundraising $0$21,400
IX-24e All other expensesPrograms $9,445 · Management $0 · Fundraising $0$9,445
IX-25 Total functional expensesPrograms $488,476 · Management $44,844 · Fundraising $0$533,320
Part X · Balance sheet $83,926 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $14,038$1,291
X-4 Accounts receivableStart of year $57,131$53,485
X-10c Land, buildings and equipment, netStart of year $39,707$29,150
X-16 Total assetsStart of year $110,876$83,926
X-17 Accounts payable and accrued expensesStart of year $3,074$2,050
X-22 Loans from officers and insidersStart of year $0$550
X-23 Secured mortgages and notes payable$24,470
X-24 Unsecured notes and loans payable$24,225
X-25 Other liabilitiesStart of year $36,560$68,908
X-26 Total liabilitiesStart of year $39,634$120,203
X-27 Net assets without donor restrictionsStart of year $71,242−$36,277
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $71,242−$36,277
X-33 Total liabilities and net assetsStart of year $110,876$83,926
Part XI · Reconciliation of net assets −$36,277 net assets at year end
XI-1 Total revenue$414,927
XI-2 Total expenses$533,320
XI-3 Revenue less expenses−$118,393
XI-4 Net assets at start of year$71,242
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$10,874
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$36,277

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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