THE LEARNING CLINIC - TAX (EIN 061023016) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

TARA SCANLON

Phone

8607747471

Tax Period

2023-08-01 to 2024-07-31

THE LEARNING CLINIC - TAX, founded in 1980, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $4.3M exceeded revenue, resulting in a 24% operating deficit.

Mission

THE SCHOOL PROVIDES SPECIAL EDUCATION SERVICES FOR CHILDREN WITH LEARNING DISORDERS AND DIABILITIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,600

Program Service Revenue $2,924,089

Investment Income $449,351

Other Revenue $72,033

TOTAL REVENUE $3,447,073

Expense Breakdown

Grants Paid $500

Salaries & Benefits $2,569,278

Fundraising Expenses $0

Program Expenses $3,368,791

Other Expenses $1,721,689

TOTAL EXPENSES $4,291,467

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,447,073	$2,664,591	+0.3%
Expenses	$4,291,467	$4,229,573	+0.0%
Net Income	$-844,394	$-1,564,982	-0.5%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$306,773

Total Directors

$165,197

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TARA SCANLON	DIRECTOR OF OPERATIONS	40.00	Officer Director	$110,610	$10,832	$121,442
SETH DUCHARME	CHAIR OF BOARD	5.00	Officer Director	$0	$0	$0
BARBARA DUCHARME	TREASURER	40.00	Officer Director	$43,755	$0	$43,755
DYAN FINGUERRA	DIRECTOR	2.00	Director	$0	$0	$0
DON O'HEARN	DIRECTOR	2.00	Director	$0	$0	$0
JOHN ANDERSON	DIRECTOR	2.00	Director	$0	$0	$0
JOHN FRANCHI	DIRECTOR	2.00	Director	$0	$0	$0
ROBIN PASTORE	DIRECTOR	2.00	Director	$0	$0	$0
RAYMOND DUCHARME	CONSULTANT IN RESIDENCE	40.00	Officer	$129,856	$11,720	$141,576

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
2024	$3,447,073	$4,291,467	$23,285,715	$-844,394
2023	$2,664,591	$4,229,573	$21,047,710	$-1,564,982
2022	$2,064,442	$5,690,846	$18,660,493	$-3,626,404
2021	$4,150,694	$5,040,248	$23,847,127	$-889,554
2020	$7,511,911	$7,442,697	$22,090,984	$69,214
2019	$6,131,096	$6,839,637	$23,547,827	$-708,541
2018	$5,925,324	$6,149,163	$23,869,908	$-223,839

THE LEARNING CLINIC - TAX