THE LEARNING COMMUNITY CHARTER SCHOOL

EIN: 223510465 501(c)(3) Education

JERSEY CITY, NJ

Total Revenue
$15,128,619
Total Expenses
$13,352,335
Total Assets
$5,081,638
Net Assets
$4,923,107
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NJ
Principal Officer
BRIAN FALKOWSKI
Tax Period
2022-07-01 to 2023-06-30

THE LEARNING COMMUNITY CHARTER SCHOOL, founded in 1997, is a mid-sized nonprofit in the Education sector that reported $15.1M in total revenue in fiscal year 2022. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $13.4M left a modest 12% surplus.

Mission

The Learning Community Charter School is a Public School overseen by the NJ Department Of Education. The School offers an alternative academic program to assist children to discover their talents and provides a community resource and a means to unite parents, teachers and students.

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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 (2022)

Revenue Breakdown

Contributions & Grants $15,011,559
Program Service Revenue $117,060
Investment Income $0
Other Revenue $0
TOTAL REVENUE $15,128,619

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,391,967
Fundraising Expenses $0
Program Expenses $11,504,954
Other Expenses $4,960,368
TOTAL EXPENSES $13,352,335

Year-over-Year Comparison

2022 2021 Change
Revenue $15,128,619 $12,946,307 +0.2%
Expenses $13,352,335 $11,054,387 +0.2%
Net Income $1,776,284 $1,891,920 -0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
166
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
0
$0
Total Directors
13
$0
Key Employees
1
$177,181
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COLIN HOGAN NON-VOTING HEAD OF SCHOOL 040.00
Key Emp Highest
$177,181 $0 $177,181
CATHY AGLE TRUSTEE 005.00
Director
$0 $0 $0
COLIN DUNN TREASURER 005.00
Director
$0 $0 $0
ELIZABETH CAIN TRUSTEE 005.00
Director
$0 $0 $0
MARISA GERKE TRUSTEE 005.00
Director
$0 $0 $0
PAULA MAHAYOSNAND TRUSTEE 005.00
Director
$0 $0 $0
ANGELA BENNETT-GLOCK PRESIDENT 005.00
Director
$0 $0 $0
NIKHIL PURI TRUSTEE 005.00
Director
$0 $0 $0
BERTRAM OKPOKWASILI TRUSTEE 005.00
Director
$0 $0 $0
NEIL ABADIE TRUSTEE 005.00
Director
$0 $0 $0
BRIAN FALKOWSKI NON-VOTING BOARD SECRETARY 010.00
Director
$0 $0 $0
GASPAR CABRERA TRUSTEE 005.00
Director
$0 $0 $0
KATE GRATTO TRUSTEE 005.00
Director
$0 $0 $0
JACLYN MOORE TRUSTEE 005.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $15,128,619 $13,352,335 $5,081,638 $1,776,284
2022 $12,946,307 $11,054,387 $3,337,647 $1,891,920
2021 $9,571,005 $9,235,656 $2,196,199 $335,349
2020 $8,687,382 $8,792,926 $1,859,372 $-105,544
2019 $8,480,205 $8,237,816 $1,064,520 $242,389
2018 $7,831,687 $7,898,212 $817,287 $-66,525
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