LEARNING FOR LIFE

EIN: 752396057 501(c)(3) Youth Development

Irving, TX

Total Revenue
$1,849,023
Total Expenses
$1,481,692
Total Assets
$5,518,043
Net Assets
$4,697,539
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
DC
Principal Officer
Tim Anderson
Phone
9725802000
Tax Period
2023-01-01 to 2023-12-31

LEARNING FOR LIFE, founded in 1991, is a community nonprofit in the Youth Development sector that reported $1.8M in total revenue in fiscal year 2023. The organization ran a surplus of $367K, a strong 20% operating margin.

Mission

The purpose of Learning for Life is to provide through local schools an effective program for youth designed to build desirable qualities of character, citizenship, personal fitness, thus to help in the development of young persons to make ethical choices Continued on Schedule O

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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 $47,479
Program Service Revenue $1,743,552
Investment Income $53,557
Other Revenue $4,435
TOTAL REVENUE $1,849,023

Expense Breakdown

Grants Paid $33,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,441,068
Other Expenses $1,448,192
TOTAL EXPENSES $1,481,692

Year-over-Year Comparison

2023 2022 Change
Revenue $1,849,023 $1,713,946 +0.1%
Expenses $1,481,692 $1,582,027 -0.1%
Net Income $367,331 $131,919 +1.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
10224

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
$520,740
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael A Ashline Former Officer 0
$0 $34,374 $704,360
Cicely Nelson Former Officer 0
$0 $16,279 $280,132
Russ McNamer Former Officer 0
$0 $28,344 $193,846
Steven Hardy Secretary 4
Officer
$0 $15,630 $181,934
Lisa Fritschel Treasurer and CFO 4.00
Officer
$0 $21,377 $174,426
Tim Anderson President 40
Officer
$0 $24,041 $164,380
Bray Barnes Director 1
Director
$0 $0 $0
Richard Davies Director 1
Director
$0 $0 $0
Fred Markham Director 1
Director
$0 $0 $0
Craig Martin Director 1
Director
$0 $0 $0
Kathleen O'Toole Director (Jan-June2023) 1
Director
$0 $0 $0
Jeff Schweiger Director 0
Director
$0 $0 $0
Dr Helen Stiff-Williams Director 1
Director
$0 $0 $0
Dan Walters Director 1
Director
$0 $0 $0
Mark Wiesenhahn Chairman 1
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 $1,849,023 $1,481,692 $5,518,043 $367,331
2022 $1,713,946 $1,582,027 $4,993,615 $131,919
2021 $2,051,482 $2,846,341 $5,016,100 $-794,859
2020 $3,371,126 $3,054,570 $5,811,190 $316,556
2019 $6,843,850 $4,461,624 $6,026,024 $2,382,226
2018 $4,565,017 $5,473,604 $4,468,131 $-908,587
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