LAPTOPS 4 LEARNING

EIN: 812833038 501(c)(3) Education

PHOENIX, AZ

Total Revenue
$40,047
Total Expenses
$114,411
Total Assets
$56,939
Net Assets
$56,939
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
AZ
Principal Officer
Gregory A Powell
Phone
4804559545
Tax Period
2025-01-01 to 2025-12-31

LAPTOPS 4 LEARNING, founded in 2018, is a micro nonprofit in the Education sector that reported $40K in total revenue in fiscal year 2025. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $114K exceeded revenue, resulting in a 186% operating deficit.

Mission

L4Ls Mission is to help close the digital technology divide by providing laptop computers to students from low to moderate- income families at an affordable cost or free when circumstance requires. L4L Purchases newly refurbished laptops in bulk then make laptops available to program participants at below market pricing. Discounts of 50% to 90% is made available to program participants based on financial need. Free laptops are provide in hardship cases. L4L provides match funding to low to moderate income students attending Title-1 schools adult program participants who are low to moderate income US Military Veterans and family members needing financial assistance.

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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 (2025)

Revenue Breakdown

Contributions & Grants $108,108
Program Service Revenue $0
Investment Income $0
Other Revenue $-68,061
TOTAL REVENUE $40,047

Expense Breakdown

Grants Paid $0
Salaries & Benefits $64,710
Fundraising Expenses $535
Program Expenses $105,677
Other Expenses $49,701
TOTAL EXPENSES $114,411

Year-over-Year Comparison

2025 2024 Change
Revenue $40,047 $199,889 -0.8%
Expenses $114,411 $131,582 -0.1%
Net Income $-74,364 $68,307 -2.1%
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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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
4
Volunteers
20

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
0
$0
Total Directors
0
$0
Key Employees
2
$24,600
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gregory Powell Executive Director 50.00
Highest
$24,000 $0 $24,000
Trina Curry Outreach Director 40.00
Key Emp
$13,500 $0 $13,500
Brenda Powell Mgr LogisticShippinp 25.00
Key Emp
$11,100 $0 $11,100
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 $40,047 $114,411 $56,939 $-74,364
2024 No data No data No data No data
2023 $192,571 $121,348 $59,881 $71,223
2022 $125,695 $87,421 $37,750 $38,274
2021 $235,173 $218,636 $45,142 $16,537
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