Eagle Learning Center INC FY2023 filing

Tax-deductible

Fairlawn, OH501(c)(3)Since 2006EducationEIN 83-1233024Revenue $619K in FY2023

On file with the IRSoregonelc.org3320 W Market St Ste 300, 44333-3300 · Fairlawn, OHTax-exempt since May 2024School — 170(b)(1)(A)(ii)

This page gets seen. Tell your story. Claim this org.

The Learning Center is designed to meet the academic needs of high school students, grades 9 through 12, ages 16 through 22 who are unsuccessful in the traditional educational setting.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$7K 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

FY2023 · 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
0 of 2
filings with a surplus
Average deficit $109K a year · 16% of revenue · last 2 filings
Concern: a surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$7K
to officers and key staff · 0.9% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$798K
112% of total assets
Concern: liabilities are 112% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$619K
Spent
$758K
To programs
85%
Net assets
−$88K
By yearFY2023–FY2024
Revenue
$619K
FY2023
Tap a bar for its year
Revenue by fiscal year
FY2023$619K
FY2024$726K
FY2024$788K
Expenses
$758K
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2023$758K
FY2024$804K
FY2024$740K
Net assets
−$88K
FY2023
Tap a bar for its year
Net assets by fiscal year
FY2023−$88K
FY2024−$206K
FY2024−$158K

From the FY2023 Form 990 (year ending June 2023) · see the original

Give Claim
You’re viewing the FY2023 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 May 2024.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $647K Management & general 15% · $111K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

8 people listed on the 990; $7K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Director
$1,375Pt VII · Sec A
Director
$1,375Pt VII · Sec A
Director
$1,375Pt VII · Sec A
$1,375Pt VII · Sec A
$1,250Pt VII · Sec A
$0Pt VII · Sec A
Fiscal Officer
$0Pt VII · Sec A
Fiscal Officer
$0Pt VII · Sec A

Joseph Wasserman’s $55K as School Director is at the 47th percentile of top reported officer pay among 1613 $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 · 7 named individuals · Part VII

NameFY2024FY2024FY2023
Joseph Wasserman$55,473$55,473—
Gary Breier$1,125$1,375$1,375
Yvonne Thomas-Patton$1,250$1,375—
Gerry Wilson$1,125$1,375$1,375
Irwin Young$1,125$1,375$1,375
Yvonne Thoma-Patton——$1,375
Suzanne Brewer$1,250$1,250$1,250

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 Eagle Learning Center INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Helps struggling high school students succeed academically outside traditional schools.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $647K · in their own filed words · FY2022
01

Provided educational services to 53 students.

$647Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$619K
Ln 12
Gifts and grantsLn 1h$543K
Other incomeLn 4–11$76K
Investment incomeLn 3$20
Money outPt IX
$758K
Ln 25
Programscol B$647K
Managementcol C$111K
Owns and owesPt X
−$88K
net assets · Ln 32
Cash and savingsLn 1–2$187K
Total assetsLn 16$711K
LiabilitiesLn 26$798K
PeoplePt VI, VII
8
listed · VII A
PaidVII A5
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$543K
Government grantsLn 1e$543K
Investment incomeLn 3$20
Other incomeLn 4–11$76K
Total revenueLn 12$619K
Assets in detailPt X, end of year
CashLn 1$187K
Cash and savings togetherLn 1–2$187K
Land, buildings, equipmentLn 10c$200K
Other assetsLn 15$48K
Total assetsLn 16$711K
LiabilitiesLn 26$798K
Net assetsLn 32−$88K
OperationsPt I, VI
EmployeesI 516
VolunteersI 60
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 FY23End FY23
Cash and savingsLn 1–2$271K$187K
Land, buildings, equipmentLn 10c$45K$200K
Total assetsLn 16$685K$711K
LiabilitiesLn 26$634K$798K
Net assetsLn 32$51K−$88K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$7K$7K
Other salaries and wagesLn 7$343K$343K
Other employee benefitsLn 9$140K$140K
Management feesLn 11a$154K$154K
Legal feesLn 11b$3K$3K
Office expensesLn 13$53K$53K
InterestLn 20$8K$8K
Depreciation, depletion and amortizationLn 22$39K$39K
Other expenses (24a–d)Ln 24$12K$12K
Total functional expensesLn 25$758K$647K$111K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $726K$804K−$79K−$206K 990 PDF
FY2023 Viewing $619K$758K−$139K−$88K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2023 990 (6 parts)
Part I · Summary $619,435 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $431,940$543,068
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $51$20
I-11 Other revenuePrior year $153,987$76,347
I-12 Total revenuePrior year $585,978$619,435
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $402,165$489,870
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $229,725$268,548
I-18 Total expensesPrior year $631,890$758,418
I-19 Revenue less expensesPrior year −$45,912−$138,983
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
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 $619,435 across 5 lines filed
VIII-1e Government grants$543,068
VIII-1h Total contributions, gifts and grants$543,068
VIII-3 Investment incomeExcluded from tax $20$20
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $76,347$76,347
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $76,367$619,435
Part IX · Statement of functional expenses $758,418 across 9 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $6,750$6,750
IX-7 Other salaries and wagesPrograms $342,688$342,688
IX-9 Other employee benefitsPrograms $140,432$140,432
IX-11a Management feesPrograms $154,124$154,124
IX-11b Legal feesPrograms $3,224$3,224
IX-13 Office expensesManagement $53,070$53,070
IX-20 InterestManagement $8,042$8,042
IX-22 Depreciation, depletion and amortizationManagement $38,588$38,588
IX-24 Other expenses (24a–d)Management $11,500$11,500
IX-25 Total functional expensesPrograms $647,218 · Management $111,200 · Fundraising $0$758,418
Part X · Balance sheet $710,634 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $271,459$187,058
X-3 Pledges and grants receivable$30,730
X-9 Prepaid expenses and deferred chargesStart of year $330,744$245,493
X-10c Land, buildings and equipment, netStart of year $44,813$199,641
X-15 Other assetsStart of year $38,366$47,712
X-16 Total assetsStart of year $685,382$710,634
X-17 Accounts payable and accrued expensesStart of year $8,495$55,877
X-19 Deferred revenueStart of year $323,818$125,274
X-25 Other liabilitiesStart of year $301,745$617,142
X-26 Total liabilitiesStart of year $634,058$798,293
X-27 Net assets without donor restrictionsStart of year $51,324−$87,659
X-32 Total net assets or fund balancesStart of year $51,324−$87,659
X-33 Total liabilities and net assetsStart of year $685,382$710,634
Part XI · Reconciliation of net assets −$87,659 net assets at year end
XI-1 Total revenue$619,435
XI-2 Total expenses$758,418
XI-3 Revenue less expenses−$138,983
XI-4 Net assets at start of year$51,324
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$87,659

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.