US Learning Corporation FY2022 filing

Tax-deductible

Lancaster, CA501(c)(3)EducationEIN 83-1045105Revenue $2.8M in FY2022

On file with the IRS177 Holston Dr, 93535-4570 · Lancaster, CATax-exempt since Aug 2020Supporting org, Type III (functionally integrated) — 509(a)(3)

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U.s. Learning corporations mission is to solve the dropout epidemic across the nation, one community at a time. We help our partners eliminate the obstacles that get in the way of student success. We will continue to be a strong, positive force, pioneering the way education is delivered to students who need IT the most.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
$3K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $183K a year · 6% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3K
to officers and key staff · 0.1% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.1M
170% of total assets
Concern: liabilities are 170% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.8M
+28% vs prior year
Spent
$2.6M
To programs
99%
Net assets
−$1.3M
By yearFY2020–FY2024
Revenue
$2.8M
FY2022▲ +28%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$2.2M
FY2022$2.8M
FY2023$4.0M
FY2024$4.9M
Expenses
$2.6M
FY2022▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$2.4M
FY2022$2.6M
FY2023$4.3M
FY2024$4.9M
Net assets
−$1.3M
FY2022▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020−$1.3M
FY2021−$1.5M
FY2022−$1.3M
FY2023−$1.6M
FY2024−$1.6M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $2.6M Management & general 1% · $28K

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

5 people listed on the 990; $3K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Board President
$900Pt VII · Sec A
Board Secretary
$900Pt VII · Sec A
Board Member
$900Pt VII · Sec A
$0Pt VII · Sec A
CFO/Secretary
$0Pt VII · Sec A

Michael Adams’s $2K as Board President is at the 1st percentile of top reported officer pay among 3395 $1–10M 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Michael Adams$1,800$1,350$900$1,350$450
Ruth Newell$1,800$1,350$900$1,350$450
Claudette Beck$1,800$1,350$900$1,350$450

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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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 15aNo

Programs and updates

Combats the dropout epidemic by removing student success obstacles.

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Provided by the organization

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1 program · $2.6M · in their own filed words · FY2021
01

The partner organizations we support have reduced administrative, educational andother service expenses. They are able to increase the focus on educating students,since they no longer need to provide such services internally. Employees responsiblefor educating students are relieved of administrative functions.

$2.6Mprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.8M
Ln 12
Fees for servicesLn 2g$2.8M
Money outPt IX
$2.6M
Ln 25
Programscol B$2.6M
Managementcol C$28K
Owns and owesPt X
−$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$206K
Total assetsLn 16$1.8M
LiabilitiesLn 26$3.1M
PeoplePt VI, VII
5
listed · VII A
PaidVII A3
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.8M
Gains on assetsLn 7$0
Total revenueLn 12$2.8M
Assets in detailPt X, end of year
CashLn 1$206K
SavingsLn 2$0
Cash and savings togetherLn 1–2$206K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$749K
Other assetsLn 15$0
Total assetsLn 16$1.8M
LiabilitiesLn 26$3.1M
Net assetsLn 32−$1.3M
OperationsPt I, VI
EmployeesI 510
Fiscal year endsHeaderJune
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 FY22End FY22
Cash and savingsLn 1–2$127K$206K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.1M$749K
Total assetsLn 16$1.8M$1.8M
LiabilitiesLn 26$3.3M$3.1M
Net assetsLn 32−$1.5M−$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$3K$3K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$765K$765K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$161K$161K
Payroll taxesLn 10$71K$71K
Management feesLn 11a$0
Legal feesLn 11b$17K$17K
Accounting feesLn 11c$11K$11K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$604K$604K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$617$617
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$373K$373K
TravelLn 17$316$316
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$673$673
InterestLn 20$104K$104K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$345K$345K
InsuranceLn 23$43K$43K
Other expenses (24a–d)Ln 24$77K$77K
All other expensesLn 24e$0
Total functional expensesLn 25$2.6M$2.6M$28K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.9M$4.9M$2K−$1.6M 990 PDF
FY2023 $4.0M$4.3M−$349K−$1.6M 990 PDF
FY2022 Viewing $2.8M$2.6M$216K−$1.3M 990 PDF
FY2021 $2.2M$2.4M−$193K−$1.5M 990 PDF
FY2020 $1.3M$1.9M−$589K−$1.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $2,797,041 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $2,184,331$2,797,041
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $2,184,331$2,797,041
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $842,440$999,237
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,535,090$1,582,113
I-18 Total expensesPrior year $2,377,530$2,581,350
I-19 Revenue less expensesPrior year −$193,199$215,691
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $2,797,041 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,797,041$2,797,041
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $2,797,041$2,797,041
Part IX · Statement of functional expenses $2,581,350 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $2,700$2,700
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $765,391$765,391
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $160,554$160,554
IX-10 Payroll taxesPrograms $70,592$70,592
IX-11a Management fees$0
IX-11b Legal feesManagement $17,307$17,307
IX-11c Accounting feesManagement $11,033$11,033
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $604,287$604,287
IX-12 Advertising and promotionPrograms $4,426$4,426
IX-13 Office expensesPrograms $617$617
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $373,336$373,336
IX-17 TravelPrograms $316$316
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $673$673
IX-20 InterestPrograms $104,425$104,425
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $345,127$345,127
IX-23 InsurancePrograms $43,309$43,309
IX-24 Other expenses (24a–d)Programs $77,257$77,257
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $2,553,010 · Management $28,340 · Fundraising $0$2,581,350
Part X · Balance sheet $1,819,392 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $127,111$205,988
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $563,472$840,932
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $23,582$23,582
X-10c Land, buildings and equipment, netStart of year $1,094,017$748,890
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,808,182$1,819,392
X-17 Accounts payable and accrued expensesStart of year $156,205$300,624
X-24 Unsecured notes and loans payableStart of year $3,000,000$2,700,000
X-25 Other liabilitiesStart of year $136,498$87,598
X-26 Total liabilitiesStart of year $3,292,703$3,088,222
X-27 Net assets without donor restrictionsStart of year −$1,484,521−$1,268,830
X-32 Total net assets or fund balancesStart of year −$1,484,521−$1,268,830
X-33 Total liabilities and net assetsStart of year $1,808,182$1,819,392
Part XI · Reconciliation of net assets −$1,268,830 net assets at year end
XI-1 Total revenue$2,797,041
XI-2 Total expenses$2,581,350
XI-3 Revenue less expenses$215,691
XI-4 Net assets at start of year−$1,484,521
XI-10 Net assets at end of year−$1,268,830

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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