The Center for Learner Equity

EIN: 463576125 501(c)(3) Education

New York, NY

Total Revenue
$709,224
Total Expenses
$2,243,039
Total Assets
$4,442,096
Net Assets
$4,257,945
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NY
Principal Officer
Lauren Morando Rhim
Phone
6032779730
Tax Period
2023-01-01 to 2023-12-31

The Center for Learner Equity, founded in 2013, is a small nonprofit in the Education sector that reported $709K in total revenue in fiscal year 2023. Revenue fell 86% from the prior year — a significant decline worth monitoring. Expenses of $2.2M exceeded revenue, resulting in a 216% operating deficit.

Mission

To improve students with disabilities access to charter schools and to build charter schools capacity to offer high quaility special education programs.

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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 $357,472
Program Service Revenue $208,268
Investment Income $143,278
Other Revenue $206
TOTAL REVENUE $709,224

Expense Breakdown

Grants Paid $37,750
Salaries & Benefits $981,388
Fundraising Expenses $71,919
Program Expenses $1,716,509
Other Expenses $1,223,901
TOTAL EXPENSES $2,243,039

Year-over-Year Comparison

2023 2022 Change
Revenue $709,224 $5,242,270 -0.9%
Expenses $2,243,039 $2,118,692 +0.1%
Net Income $-1,533,815 $3,123,578 -1.5%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
14
Volunteers
9

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
1
$250,516
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lauren Morando Rhim Executive Director Co-Founder 040.00
Officer
$241,975 $8,541 $250,516
Jennifer Coco Local Policy Manager 001.00
Highest
$152,875 $6,541 $159,416
Sam Drazin Board Member 001.00
Director
$0 $0 $0
Mashea Ashton Board Member 001.00
Director
$0 $0 $0
Charisse Gulisano Board Member 001.00
Director
$0 $0 $0
Robin Lake Board Member 001.00
Director
$0 $0 $0
Robert Garda Chair 001.00
Director
$0 $0 $0
Shannon Hodge Board Vice Chair 001.00
Director
$0 $0 $0
Renita Thukral Board Secretary 001.00
Director
$0 $0 $0
Cliff Chuang Treasurer Through June 2024 001.00
Director
$0 $0 $0
Alex Medler Board Member 001.00
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
2024 No data No data No data No data
2023 $709,224 $2,243,039 $4,442,096 $-1,533,815
2022 $5,242,270 $2,118,692 $5,865,865 $3,123,578
2021 $2,768,797 $2,190,543 $2,761,501 $578,254
2020 $2,437,723 $2,065,392 $2,359,846 $372,331
2019 $1,510,481 $1,863,885 $1,760,674 $-353,404
2018 $3,102,058 $1,300,429 $2,207,272 $1,801,629
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