Ilearn Collaborative EIN 81-1857717 Form 990 (PDF) Claim this org

Ilearn Collaborative FY2023 filing

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Empowering educators to create student-centered learning through professional development and resources. For fiscal year 2023 it reported $2.9M in revenue, $2.9M in expenses, and $742K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Golden, CO
Website
www.ilearncollaborative.org
Filings
5 on file (2021–2023)
Revenue
$2.9MFY2023
Expenses
$2.9M
Net assets
$742K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-1857717 Public charity (501(c)(3)) Golden, CO
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Empowering educators to create student-centered learning through professional development and resources.
Leadership
Judy Perez · President & CEO · $190K
Money in and out
$2.9M revenue, $2.9M expenses
Bottom line
95% program efficiency
Where the money goes · FY2023
Total revenue
$2.9M
Pt VIII · Ln 12
Total expenses
$2.9M
Pt IX · Ln 25
Net assets
$742K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $70K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05
Program efficiency
95%
of spending reaches programs
Operating runway
4.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$2.9M
FY2023▲ +391%
Expenses
$2.9M
FY2023▲ +371%
Total assets
$1.0M
FY2023▲ +36%
Total liabilities
$283K
FY2023▲ +244%
Total revenue
$2.9M
Pt VIII · Ln 12
Total expenses
$2.9M
Pt IX · Ln 25
Net assets
$742K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$70K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIlearn Collaborative
EINHdr · item D81-1857717
Principal addressHdr · item CGolden, CO
WebsiteHdr · item Jwww.ilearncollaborative.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFDec 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President & CEO
$189,844Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Judy Perez’s $176K as President & CEO is at the 97th percentile of top reported officer pay among 1616 $100K–1M education 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Judy Perez$207,351$189,844$134,665$114,548
Judy Perez$176,170

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

3 program services account for $2.7M of program spending, described in the organization's own filed words · FY2022.
01

Consulting program ilearn collaborative experienced an increase of our consulting services supporting education leaders to include comprehensive needs assessments, thought partnership support, leadership coaching and technical support.

$1.3Mprogram expense
02

Professional development programilearn collaborative enrollments numbers in 2022-23 increased significantly with two new contracts for the year. Ilc trained education leaders and teachers in the areas of blended learning , special education, english language learners, and other topics to empower educators with resources and training to…

$1.3Mprogram expense
03

Digital resource libraryour digital content library morphed into a digital resource library where any educator could have access to training resources for the year. We updated this service based on need and demand for continued access to training materials following completion of online training courses and onsite face-to-face trainings.

$163Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$2.5M · 86%
Contributions & grants$414K · 14%
Program service revenue86%$2.5M
Contributions & grants14%$414K
Investment income$118
Other revenue$653
— government grantsLn 1e$414K
Total revenueLn 12$2.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$2.7M
Management & general5%$150K
Total functional expensesLn 25$2.9M

Balance Sheet

Part X · end of year
CashLn 1$963K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$283K
Total net assetsLn 32$742K
Months of cash on handcomputed4.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $963K · Operating expenses/yr $2.9M
4.0 months
Where the money goes
Program services
Program services $2.7M · Total expenses $2.9M
95%
Management & General
Management & general $150K · Total expenses $2.9M
5%
Fundraising
Fundraising $0 · Total expenses $2.9M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $233 · Solicited contributions (3-yr avg) $9K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $414K · Total revenue $2.9M
14%
Government reliance
Government grants $414K · Total revenue $2.9M
14%
Earned-income share
Program service revenue $2.5M · Total revenue $2.9M
86%
Investment reliance
Investment income $118 · Total revenue $2.9M
<0.01%
Program self-sufficiency
Program service revenue $2.5M · Total expenses $2.9M
88%
Growth & trend
Revenue growth (YoY)
This year $2.9M · Prior year $598K
+391%
Net-asset trend (YoY)
End of year $742K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.9M · Expenses $2.9M
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
Net-asset ratio
Net assets $742K · Total assets $1.0M
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Judy Perez · Reported title PRESIDENT & CEO · Highest reported compensation $190K · Total expenses $2.9M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $867K · Total expenses $2.9M
30%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Fundraising cost ratio 0%
Revenue growth 391%
Legal fee ratio 0.05%
Accounting fee ratio 0.7%

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 · FY2020
Total grants receivedfrom 1 funder$25K

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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)$738K revenue · ⤓ 990 PDF
FY2024$1.2M revenue · ⤓ 990 PDF
FY2023$2.9M revenue · viewing · ⤓ 990 PDF
FY2022$598K revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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