LEARNING SOLUTIONS INC (EIN 680627788) - 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

2005

Legal Domicile

Principal Officer

LATOYA JACKSON

Phone

3186513984

Tax Period

2017-07-01 to 2018-06-30

LEARNING SOLUTIONS INC, founded in 2005, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2017. Revenue decreased 16% compared to the prior year. Expenses of $1.8M exceeded revenue, resulting in a 17% operating deficit.

Mission

VISION ACADEMY IS A TYPE 2 - BESE APPROVED PUBLIC CHARTER SCHOOL THAT IS FREE TO ANY STUDENT IN THE STATE OF LOUISIANA AND IS ESTABLISHED TO PROVIDE SOLUTIONS TO EVERDAY 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%)

Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $1,566,659

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,566,659

Expense Breakdown

Grants Paid $0

Salaries & Benefits $675,568

Fundraising Expenses $0

Program Expenses $1,595,472

Other Expenses $1,152,512

TOTAL EXPENSES $1,828,080

Year-over-Year Comparison

	2017	2016	Change
Revenue	$1,566,659	$1,871,929	-0.2%
Expenses	$1,828,080	$2,009,750	-0.1%
Net Income	$-261,421	$-137,821	+0.9%

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

N/A

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

$166,250

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHANDA FORD	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
BRIA SAVAGE	MEMBER	1.00	Director	$0	$0	$0
FRANKIE MILLER	MEMBER	1.00	Director	$0	$0	$0
CHARLES BELTON	MEMBER	1.00	Director	$0	$0	$0
JAKYRANNEE PHILLIPS	MEMBER	1.00	Director	$0	$0	$0
AKIRA BLACK	MEMBER	1.00	Director	$0	$0	$0
STEPHANIE WESLEY	MEMBER	1.00	Director	$0	$0	$0
LATOYA JACKSON	CEO	40.00	Officer	$152,154	$14,096	$166,250

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
2018	$1,566,659	$1,828,080	$362,240	$-261,421

LEARNING SOLUTIONS INC