LEARN MORE CENTER INC

EIN: 264153548 501(c)(3) Human Services

North Manchester, IN

Total Revenue
$708,934
Total Expenses
$394,833
Total Assets
$468,890
Net Assets
$464,597
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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
2008
Legal Domicile
IN
Principal Officer
Tenille Zartman
Phone
2603301461
Tax Period
2024-01-01 to 2024-12-31

LEARN MORE CENTER INC, founded in 2008, is a small nonprofit in the Human Services sector that reported $709K in total revenue in fiscal year 2024. Revenue surged 142% from the prior year, signaling strong growth momentum. The organization ran a surplus of $314K, a strong 44% operating margin.

Mission

The Learn More Center Inc.'s mission is to provide educational services and a learning community to meet the instructional needs of adult learners related to workforce readiness, adult basic education and 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 $704,542
Program Service Revenue $3,723
Investment Income $157
Other Revenue $512
TOTAL REVENUE $708,934

Expense Breakdown

Grants Paid $0
Salaries & Benefits $283,586
Fundraising Expenses $40,625
Program Expenses $270,183
Other Expenses $111,247
TOTAL EXPENSES $394,833

Year-over-Year Comparison

2024 2023 Change
Revenue $708,934 $293,366 +1.4%
Expenses $394,833 $340,288 +0.2%
Net Income $314,101 $-46,922 -7.7%
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
12
Independent Members
11
Employees
13
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
$58,011
Total Directors
15
$58,011
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cynthia Johnson Director of Education 40
Officer Director
$58,011 $0 $58,011
Tim Adams Board member 1
Director
$0 $0 $0
Ryan Baker Board Member 0
Director
$0 $0 $0
Terri Camp Board Member 1
Director
$0 $0 $0
Kathy Carney Board member 1
Director
$0 $0 $0
Tyler Guenin Board member 1
Director
$0 $0 $0
Michael Hensley Board Member 1
Director
$0 $0 $0
Whitney Millspaugh Board member 1
Director
$0 $0 $0
Jennifer Simmers Board member 1
Director
$0 $0 $0
Jennie Terrell Board Member 1
Director
$0 $0 $0
Heather Vance Board member 1
Director
$0 $0 $0
Karen Bechtold Vice President 2
Officer Director
$0 $0 $0
Alex Corn Treasurer 2
Officer Director
$0 $0 $0
Julie Garber Secretary 2
Director
$0 $0 $0
Tenille Zartman President 2
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
2024 $708,934 $394,833 $468,890 $314,101
2023 $293,366 $340,288 $153,712 $-46,922
2022 $353,261 $326,798 $200,798 $26,463
2021 $429,449 $326,503 $175,520 $102,946
2020 $227,431 $301,627 $74,818 $-74,196
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