LEARNING IS FOR TOMORROW INC

EIN: 208861631 501(c)(3) Education

BALTIMORE, MD

Total Revenue
$305,217
Total Expenses
$370,842
Total Assets
$56,235
Net Assets
$51,313
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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
2007
Legal Domicile
MD
Principal Officer
MARK PETTIS
Phone
4105221705
Tax Period
2024-07-01 to 2025-06-30

LEARNING IS FOR TOMORROW INC, founded in 2007, is a small nonprofit in the Education sector that reported $305K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $371K exceeded revenue, resulting in a 22% operating deficit.

Mission

ADULT LITERACY

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $302,517
Program Service Revenue $2,700
Investment Income $0
Other Revenue $0
TOTAL REVENUE $305,217

Expense Breakdown

Grants Paid $0
Salaries & Benefits $294,294
Fundraising Expenses $16,980
Program Expenses $291,237
Other Expenses $76,548
TOTAL EXPENSES $370,842

Year-over-Year Comparison

2024 2023 Change
Revenue $305,217 $448,931 -0.3%
Expenses $370,842 $381,546 0.0%
Net Income $-65,625 $67,385 -2.0%
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

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Governance

Voting Members
4
Independent Members
4
Employees
7
Volunteers
N/A

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
3
$90,066
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK PETTIS EXECUTIVE DI 40.00
Officer
$77,280 $12,786 $90,066
JIM SHETLER PRESIDENT 2.00
Officer Director
$0 $0 $0
JOEL SELEDEE SECRETARY 2.00
Officer Director
$0 $0 $0
AMY BOPP DIRECTOR 2.00
Director
$0 $0 $0
DEZMOND JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
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 $305,217 $370,842 $56,235 $-65,625
2024 $448,931 $381,546 $129,084 $67,385
2023 $369,205 $311,098 $71,201 $58,107
2023 $369,205 $311,094 $51,202 $58,111
2022 $302,573 $316,873 $13,094 $-14,300
2021 $285,882 $260,311 $72,394 $25,571
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