Learnup Centers (EIN 472262474) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Principal Officer

Steve Hagler

Phone

4159447323

Tax Period

2024-01-01 to 2024-12-31

Learnup Centers, founded in 2014, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.7M exceeded revenue, resulting in a 15% operating deficit.

Mission

LearnUp is on a mission to reach and teach struggling readers in every community to read with confidence using our fast and proven structured literacy program.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $133,256

Program Service Revenue $1,363,613

Investment Income $0

Other Revenue $757

TOTAL REVENUE $1,497,626

Expense Breakdown

Grants Paid $0

Salaries & Benefits $998,811

Fundraising Expenses $0

Program Expenses $1,095,959

Other Expenses $725,408

TOTAL EXPENSES $1,724,219

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,497,626	$1,548,095	0.0%
Expenses	$1,724,219	$1,619,518	+0.1%
Net Income	$-226,593	$-71,423	+2.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$130,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Hagler	Executive Dir.	40.00	Officer	$130,000	$0	$130,000
Carolyn Connor	Director	2.00	Director	$0	$0	$0
Hal Cranston	Director	2.00	Director	$0	$0	$0
Devin Hunter	Director	2.00	Director	$0	$0	$0
Lisa Lyon	Director	2.00	Director	$0	$0	$0
Michele Ramos Walker	Director	2.00	Director	$0	$0	$0
Pascal Rigo	President	5.00	Officer	$0	$0	$0
Virginie Rigo	Sec./CFO	5.00	Officer	$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	$1,497,626	$1,724,219	$214,137	$-226,593
2023	$1,548,095	$1,619,518	$238,979	$-71,423
2022	$989,231	$905,953	$276,963	$83,278
2021	$682,307	$616,134	$191,451	$66,173
2020	$563,320	$523,733	$121,836	$39,587
2019	$416,595	$389,672	$82,036	$26,923
2018	$277,533	$257,508	$55,113	$20,025

Learnup Centers