The Source for Learning INC
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Empowers children, teachers, and parents with technology-based learning content and services. For fiscal year 2024 it reported $11.3M in revenue, $5.0M in expenses, and $86.6M in net assets.Pt I
Summary of the Filing
Where the work happens
On-Line Educational Activities
TEACHERSFIRST.COM is a free website created for the easy access to and retrieval of quality k-12 educational resources for use in classrooms and for teacher professional development. SFLECE.ORG is a free website providing early childhood educators access to professional learning content, including an online credential program and free…
Sfl Broadband
A service providing teachers, staff AND/OR students with access to free wireless internet devices and service.
Assistance to Affiliates
Professional development, royalty sharing, grants, and equipment to schools and their communities.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Lynn M Rejniak’s $239K as President/CEO is at the 27th percentile of top reported officer pay among 749 $10–100M arts & culture 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 · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Lynn M Rejniak | $239,220 | $254,009 | $232,122 | $220,284 | $220,283 |
| Thomas King | $182,480 | — | — | — | — |
| Andrea Vanin | $163,980 | — | — | — | — |
| Kamna Seth | $159,481 | $152,484 | $148,514 | $132,914 | $130,203 |
| Judit Slezak | — | — | — | $155,420 | $120,263 |
| A Ruth Okoye | $148,980 | $147,593 | $144,016 | $127,300 | — |
| Mary a Murphy | — | — | $135,615 | $131,276 | $127,071 |
| Bridget Anderson | $128,480 | $130,420 | $126,310 | $122,010 | $119,163 |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 72% | — | — |
| Overhead ratio | 25% | — | — |
| Fundraising cost ratio | 8% | — | — |
| Revenue growth | 12% | — | — |
| Legal fee ratio | 2% | — | — |
| Accounting fee ratio | 2% | — | — |
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
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Filings & Schedule Manifest
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