LIVE THE SOLUTION DBA EARN TO LEARN

EIN: 261151754 501(c)(3) Human Services

TUCSON, AZ

Total Revenue
$2,775,650
Total Expenses
$5,256,000
Total Assets
$1,343,214
Net Assets
$451,086
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
AZ
Principal Officer
ARTURO PEREZ
Phone
5202607379
Tax Period
2024-07-01 to 2025-06-30

LIVE THE SOLUTION DBA EARN TO LEARN, founded in 2008, is a community nonprofit in the Human Services sector that reported $2.8M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $5.3M exceeded revenue, resulting in a 89% operating deficit.

Mission

OUR MISSION IS EMPOWERING STUDENTS TO ACHIEVE THEIR GOALS AND BE WORKFORCE READY WITH LITTLE TO NO STUDENT DEBT. WE ACCOMPLISH THIS MISSION THROUGH AN INNOVATIVE, FOUR-PILLAR APPROACH TO FINANCIAL PREPARATION INCLUDING:- MATCHED SAVINGS SCHOLARSHIPS: STUDENT SAVINGS ARE MATCHED 8:1 THROUGH A PUBLIC-PRIVATE FUNDING MODEL PROVIDING UP TO $4,500 IN FUNDING PER ACADEMIC YEAR.- SUCCESS COACHING & ADVISING: ASSIST IN COMPLETING APPLICATIONS FOR ADMISSIONS AND FINANCIAL AID, TROUBLESHOOTING OBSTACLES, AND NAVIGATING UNIVERSITY SERVICES.- FINANCIAL EDUCATION: PERSONAL FINANCE TRAINING INTRODUCES STUDENTS TO BEST PRACTICES IN PERSONAL FINANCE, FINANCIAL LITERACY, AND COMMITTING TO A LIFETIME OF SAVING HELPING REDUCE STUDENT LOAN DEBT AND PREPARE FOR A HEALTHY FINANCIAL LIFE. - WORKFORCE READINESS: STUDENTS DEVELOP THE SKILLS EMPLOYERS SEEK WHEN HIRING, INCLUDING CRITICAL THINKING, PLANNING, LEADERSHIP, AND TEAMWORK. WE ALSO PROVIDE TRAINING SUCH AS RESUME WRITING AND INTERVIEWING.

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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 $2,713,277
Program Service Revenue $0
Investment Income $60,810
Other Revenue $1,563
TOTAL REVENUE $2,775,650

Expense Breakdown

Grants Paid $1,778,192
Salaries & Benefits $2,807,286
Fundraising Expenses $388,082
Program Expenses $4,554,322
Other Expenses $670,522
TOTAL EXPENSES $5,256,000

Year-over-Year Comparison

2024 2023 Change
Revenue $2,775,650 $3,506,219 -0.2%
Expenses $5,256,000 $4,264,346 +0.2%
Net Income $-2,480,350 $-758,127 +2.3%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
82
Volunteers
62

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
5
$237,415
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH PARSONS DIRECTOR 2.00
Director
$0 $0 $0
KARLA MORALES DIRECTOR 2.00
Director
$0 $0 $0
STEPHANIE COUSER DIRECTOR 2.00
Director
$0 $0 $0
SHAREE HURTS DIRECTOR 2.00
Director
$0 $0 $0
ARTURO PEREZ CHAIR 2.00
Officer Director
$0 $0 $0
KELLIE TERHUNE NEELY VICE CHAIR 2.00
Officer Director
$0 $0 $0
TERRY NAY TREASURER 2.00
Officer Director
$0 $0 $0
BALU NATARAJAN SECRETARY 2.00
Officer Director
$0 $0 $0
KATHERINE L HOFFMAN CHIEF EXECUTIVE OFFICER 50.00
Officer
$222,417 $14,998 $237,415
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 $2,775,650 $5,256,000 $1,343,214 $-2,480,350
2024 No data No data No data No data
2023 $6,169,127 $3,500,097 $4,427,813 $2,669,030
2022 $3,231,880 $2,989,697 $1,520,370 $242,183
2021 $2,450,878 $2,388,483 $1,535,362 $62,395
2020 $2,470,557 $1,796,853 $984,133 $673,704
2019 $985,588 $906,941 $215,521 $78,647
2019 $1,542,410 $889,528 $746,941 $652,882
2018 $996,617 $1,078,105 $241,666 $-81,488
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