Chicago, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE LEARNING CENTER HOUSE OF CONNECTIONS, founded in 1980, is a small nonprofit that reported $271K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $307K exceeded revenue, resulting in a 13% operating deficit.
The Learning Center supports adults in their pursuit of an educational path to more confident and effective living. For 42 years, TLC has empowered adults for effective personal lives, productive employment, and positive contribution to the community. We fulfill this mission by providing free adult education classes to students 18 years and older. We offer students opportunities to improve their reading, writing, math and English language skills; connect those skills to their personal lives; and find employment.
The Learning Center provides four core classes: Adult Basic Education (ABE), English as a Second Language (ESL), Spanish Literacy and Intensive High School Equivalency (HSE) preparation classes...
The Learning Center provides four core classes: Adult Basic Education (ABE), English as a Second Language (ESL), Spanish Literacy and Intensive High School Equivalency (HSE) preparation classes. Instruction is provided by Malcom X College instructors, TLC instructors, AmeriCorps members, and volunteer tutors. The Malcolm X instructor salaries totaling $35,631 were provided at no cost to TLC. TLC served 164 adult learners during FY 2024-2025. Included in our core programming were: a. Special reading/writing workshops b. Health Literacy Project c. Academic textbooks and workbooks d. School supplies e. Computer devices and internet access
In addition to our core programming, TLC provides a Computer Literacy Program using computer-assisted instruction and broadband service. Many educational computer programs are available online, such...
In addition to our core programming, TLC provides a Computer Literacy Program using computer-assisted instruction and broadband service. Many educational computer programs are available online, such as Burlington English, MyOpenMath and Learning Upgrade. 100% of our students participated in our computer literacy program which helped them improve in areas of: a. fluency b. comprehension c. critical thinking d. writing proficiency e. basic computer skills
To further support our literacy program and adult learners, TLC offered support services which included: a. GED and HISET test fees - Six (6) students received their High School Equivalency...
To further support our literacy program and adult learners, TLC offered support services which included: a. GED and HISET test fees - Six (6) students received their High School Equivalency Certificate. b. Educational and cultural trips throughout the City of Chicago - 40% of the students we served attended these field trips. c. Public transportation assistance - TLC distributed 300 emergency transit cards to our students. d. Daily nutritious breakfasts and lunches - We served about 155 meals per week during FY 2024-2025. e. One-on-one or small group tutoring - Twenty-two (22) dedicated volunteer tutors provided 1,335.95 hours of supplemental instruction. At $30.97 per volunteer hour for Illinois, the total dollar value contributed by TLC literacy volunteers was $41,374.37. f. Food assistance program - 52 students received monthly produce boxes from Forty Acres Fresh Market. g. Digital Literacy program - 10 English as a Second Language students successfully completed this program.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $271,045 | $507,516 | -0.5% |
| Expenses | $306,756 | $315,994 | 0.0% |
| Net Income | $-35,711 | $191,522 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Angelica Saucedo | Executive Director | 50 |
Director
Key Emp
Highest
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$75,500 | $0 | $75,500 |
| Gay McDonald | Director | 4 |
Director
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$0 | $0 | $0 |
| Barbara Carberry | Director | 4 |
Director
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$0 | $0 | $0 |
| Delores Smith | Director | 4 |
Director
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$0 | $0 | $0 |
| Thomas Vonderhaar | Treasurer | 4 |
Officer
Director
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$0 | $0 | $0 |
| William Howard | Director | 4 |
Director
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$0 | $0 | $0 |
| Anne Gallagher | Secretary | 4 |
Officer
Director
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$0 | $0 | $0 |
| Anthony Graefe | President | 4 |
Officer
Director
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$0 | $0 | $0 |
| Mary Ann Tuerk | Director | 4 |
Director
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$0 | $0 | $0 |
| Rosa Isela Rodriguez | Director | 4 |
Director
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$0 | $0 | $0 |
| Bridget Norton | Director | 4 |
Director
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$0 | $0 | $0 |
| Marilyn Derr | Director | 4 |
Director
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$0 | $0 | $0 |
| Teresa Blomquist | Director | 4 |
Director
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$0 | $0 | $0 |
| Robert Tuerk | Vice President | 4 |
Officer
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $271,045 | $306,756 | $366,825 | $-35,711 |
| 2024 | $507,516 | $315,994 | $402,820 | $191,522 |
| 2023 | $253,698 | $273,537 | $211,307 | $-19,839 |
| 2022 | $244,596 | $256,385 | $230,500 | $-11,789 |
| 2021 | $266,566 | $210,499 | $244,967 | $56,067 |
| 2020 | $219,407 | $201,448 | $199,976 | $17,959 |
Compare THE LEARNING CENTER HOUSE OF CONNECTIONS with other nonprofits in Illinois and across the country.