LEARNING FOUNDATIONS OF METRO WASHINGTON INC

EIN: 541745920 501(c)(3) Education

ALEXANDRIA, VA

Total Revenue
$7,324,187
Total Expenses
$6,881,952
Total Assets
$14,995,626
Net Assets
$10,927,107
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
VA
Principal Officer
ANABELLE MORGAN
Phone
7035486912
Tax Period
2024-07-01 to 2025-06-30

LEARNING FOUNDATIONS OF METRO WASHINGTON INC, founded in 1997, is a community nonprofit in the Education sector that reported $7.3M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $6.9M left a modest 6% surplus.

Mission

TO OFFER GRADES 3-12 COLLEGE PREPARATORY SCHOOL THAT EMBRACES STUDENTS OF AVERAGE TO GIFTED ABILITY WHO HAVE ADHD, EXECUTIVE FUNCTIONING CHALLENGES, AND MILD LEARNING DIFFERENCES. IN AN INCLUSIVE COMMUNITY, WE EMPOWER OUR STUDENTS TO THRIVE AND DISCOVER THEIR PATH TO EXCELLENCE WITH SMALL CLASS SIZE AND DIFFERENTIATED INSTRUCTION.

Program Service Accomplishments

Program 1
Expenses: $6,104,819 Revenue: $6,700,182

EDUCATIONAL PROGRAM FOR ELEMENTARY,MIDDLE AND HIGH SCHOOL STUDENTS BENEFITING FROM SMALL CLASS SIZE AND CLOSE INSTRUCTIONAL SUPERVISION TO ACCOMODATE LEARNING DIFFERENCES AND ATTENTION DEFICITS...

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EDUCATIONAL PROGRAM FOR ELEMENTARY,MIDDLE AND HIGH SCHOOL STUDENTS BENEFITING FROM SMALL CLASS SIZE AND CLOSE INSTRUCTIONAL SUPERVISION TO ACCOMODATE LEARNING DIFFERENCES AND ATTENTION DEFICITS. ENROLLMENT FOR THE SCHOOL YEAR 24-25 WAS 146 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 (2024)

Revenue Breakdown

Contributions & Grants $38,081
Program Service Revenue $6,620,585
Investment Income $585,924
Other Revenue $79,597
TOTAL REVENUE $7,324,187

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,562,458
Fundraising Expenses $8,832
Program Expenses $6,104,819
Other Expenses $2,319,494
TOTAL EXPENSES $6,881,952

Year-over-Year Comparison

2024 2023 Change
Revenue $7,324,187 $8,023,858 -0.1%
Expenses $6,881,952 $6,857,745 +0.0%
Net Income $442,235 $1,166,113 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
52
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
4
$285,796
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JODIE KELLEY CHAIRMAN 1.00
Officer Director
$0 $0 $0
REBECCA MCDONALD TREASURER 1.00
Officer Director
$0 $0 $0
RICK RATH SECRETARY 1.00
Officer Director
$0 $0 $0
GENA FITZGERALD DIRECTOR 1.00
Director
$0 $0 $0
KAREN FOLEY DIRECTOR 1.00
Director
$0 $0 $0
DAWN GOLDSTEIN DIRECTOR 1.00
Director
$0 $0 $0
DIANA HORVAT DIRECTOR 1.00
Director
$0 $0 $0
ANTEBI KAREN DIRECTOR 1.00
Director
$0 $0 $0
CONNIE YOUNG DIRECTOR 1.00
Director
$0 $0 $0
ANABELLE MORGAN HEAD OF SCHOOL 40.00
Officer
$268,813 $16,983 $285,796
BRIAN M KILGALLON DIR. OF FINANCE & OPS. 40.00
Highest
$159,976 $11,193 $171,169
ELLEN EDWARDS DIR. OF STUDENT SUPPORT SERVICES 40.00
Highest
$107,863 $4,634 $112,497
MARCUS MORENO EDUCATIONAL TECHNOLOGY TEACHER 40.00
Highest
$102,060 $6,419 $108,479
GEOFF STANTON DIR. OF ADMISSIONS 40.00
Highest
$118,381 $7,417 $125,798
KATHERINE THEOBALD HEAD OF UPPER SCHOOL 40.00
Highest
$110,034 $8,353 $118,387
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
2025 $7,324,187 $6,881,952 $14,995,626 $442,235
2024 $8,023,858 $6,857,745 $12,751,060 $1,166,113
2023 $7,106,051 $6,613,732 $14,339,998 $492,319
2022 $6,795,329 $6,521,184 $10,131,196 $274,145
2021 $7,290,756 $6,391,837 $11,385,449 $898,919
2020 $6,621,210 $6,475,688 $10,026,334 $145,522
2019 $6,587,242 $6,188,589 $9,269,306 $398,653
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