LEARN FRESH EDUCATION CO

EIN: 451059457 501(c)(3) Youth Development

DENVER, CO

Total Revenue
$6,470,790
Total Expenses
$5,246,374
Total Assets
$4,879,350
Net Assets
$4,784,189
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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
2011
Legal Domicile
DE
Principal Officer
NICK MONZI
Phone
8556226284
Tax Period
2023-01-01 to 2023-12-31

LEARN FRESH EDUCATION CO, founded in 2011, is a community nonprofit in the Youth Development sector that reported $6.5M in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 19% operating margin.

Mission

THE ORGANIZATION ENVISIONS A WORLD IN WHICH STUDENTS FIND LEARNING SO ENGAGING THAT THEY WANT TO DO IT ALL THE TIME. THROUGH COMMUNITY, PLAY, AND RIGOROUS EXPLORATION, THE ORGANIZATION FOCUSES TO LEVERAGE STUDENTS' PASSION FOR SPORTS AND ENTERTAINMENT TO INSPIRE THEIR STEM AND SOCIAL-EMOTIONAL LEARNING. THE ORGANIZATION'S PROGRAMS ARE EXPLICITLY FOCUSED ON ACHIEVING EQUITABLE REPRESENTATION ACROSS THE STEM PIPELINE FOR GIRLS, STUDENTS OF COLOR, AND THOSE LIVING IN LOW-INCOME COMMUNITIES. THROUGH THEIR CORE VALUES OF ASPIRATION, COMMUNITY, GRIT, INNOVATION AND INTEGRITY, THE ORGANIZATION AIMS TO EMPOWER EDUCATORS AND INSPIRE 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 (2023)

Revenue Breakdown

Contributions & Grants $6,458,936
Program Service Revenue $0
Investment Income $6,854
Other Revenue $5,000
TOTAL REVENUE $6,470,790

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,758,826
Fundraising Expenses $214,455
Program Expenses $4,771,864
Other Expenses $3,487,548
TOTAL EXPENSES $5,246,374

Year-over-Year Comparison

2023 2022 Change
Revenue $6,470,790 $3,662,329 +0.8%
Expenses $5,246,374 $4,064,441 +0.3%
Net Income $1,224,416 $-402,112 -4.0%
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
12
Independent Members
12
Employees
21
Volunteers
60

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
$162,867
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM MILLER DIRECTOR 5.00
Director
$0 $0 $0
BETTY LOW DIRECTOR 5.00
Director
$0 $0 $0
CHEKEMMA FULMORE-TOWNSEND DIRECTOR 5.00
Director
$0 $0 $0
DAVID MCGHEE BOARD CHAIR 5.00
Officer Director
$0 $0 $0
JAMIE ROSENBERG DIRECTOR 5.00
Director
$0 $0 $0
JEFF HALE TREASURER 5.00
Officer Director
$0 $0 $0
KAREN LUCIANO DIRECTOR 5.00
Director
$0 $0 $0
KAYLA ALEXANDER DIRECTOR 5.00
Director
$0 $0 $0
MIKE SCOTT DIRECTOR 5.00
Director
$0 $0 $0
NASIR QADREE OUTGOING DIRECTOR 5.00
Director
$0 $0 $0
SETH WEINGER DIRECTOR 5.00
Director
$0 $0 $0
ZACH HILL DIRECTOR 5.00
Director
$0 $0 $0
NICK MONZI PRESIDENT/ CEO 40.00
Officer
$157,304 $5,563 $162,867
CALVIN SIBERT CHIEF MISSION OFFICER 40.00
Highest
$101,417 $5,497 $106,914
COLLEEN SERAFINI CHIEF PROGRAM OFFICER 40.00
Highest
$118,333 $117 $118,450
DEJANAE LYNETTE BERRY CHIEF OF STAFF 40.00
Highest
$103,595 $5,333 $108,928
JEFFREY DREXLER CHIEF OPERATING OFFICER 40.00
Highest
$122,354 $7,119 $129,473
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 No data No data No data No data
2023 $6,470,790 $5,246,374 $4,879,350 $1,224,416
2022 $3,662,329 $4,064,441 $3,724,275 $-402,112
2021 $5,838,413 $2,721,748 $4,040,428 $3,116,665
2020 $2,171,363 $1,957,594 $1,172,949 $213,769
2019 $2,222,779 $1,879,204 $869,991 $343,575
2018 $1,053,853 $1,199,449 $547,393 $-145,596
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