LEARNINGWORKS (EIN 010353682) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

Tom McLaughlin

Phone

2077750105

Tax Period

2024-07-01 to 2025-06-30

LEARNINGWORKS, founded in 1977, is a community nonprofit in the Human Services sector that reported $2.8M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

Equipping Maine learners with the confidence and skills to realize their full potential.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,703,530

Program Service Revenue $0

Investment Income $21,231

Other Revenue $28,806

TOTAL REVENUE $2,753,567

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,905,150

Fundraising Expenses $123,315

Program Expenses $2,204,432

Other Expenses $846,163

TOTAL EXPENSES $2,751,313

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,753,567	$2,539,282	+0.1%
Expenses	$2,751,313	$2,461,432	+0.1%
Net Income	$2,254	$77,850	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

108

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$202,183

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sarah Oliver	Board Chair	5.00	Officer Director	$0	$0	$0
Tara Walker	Vice Board Chair	5.00	Officer Director	$0	$0	$0
Jessamyn Norton	Treasurer	5.00	Officer Director	$0	$0	$0
Richard Price	Secretary	5.00	Officer Director	$0	$0	$0
Dr Nirupama Aggarwal	Board Member	5.00	Director	$0	$0	$0
Lynn Alexander	Board Member	5.00	Director	$0	$0	$0
Thomas Doyle	Board Member	5.00	Director	$0	$0	$0
Camilo Echanique	Board Member	5.00	Director	$0	$0	$0
Dr John Griffin	Board Member	5.00	Director	$0	$0	$0
Eben Jose	Board Member	5.00	Director	$0	$0	$0
Karen Littlefield	Board Member	5.00	Director	$0	$0	$0
Jamie Allison Beals	Board Member	5.00	Director	$0	$0	$0
Tom McLaughlin	Executive Director	40.00	Officer	$111,092	$11,366	$122,458
Gregory Lyons	Senior Accountant	40.00	Officer	$71,727	$7,998	$79,725

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$2,753,567	$2,751,313	$1,828,436	$2,254
2024	No data	No data	No data	No data
2023	$3,188,418	$2,656,420	$1,551,859	$531,998
2022	$2,036,254	$2,361,454	$965,421	$-325,200
2021	$2,609,537	$2,599,033	$1,411,435	$10,504
2020	$2,496,475	$2,568,544	$1,522,243	$-72,069
2019	$2,699,044	$2,729,227	$1,339,234	$-30,183
2018	$2,729,861	$2,525,562	$1,353,325	$204,299

LEARNINGWORKS