LAPTOPS 4 LEARNING

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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

2018

Legal Domicile

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

Help close the digital technology divide that exists for low to moderate-income families by providing high quality laptop computers to low to moderate-income students and US Military Veterans at an affordable cost or free when circumstance requires.

Program Service Accomplishments

Program 1

Expenses: $105,677 Revenue: $48,735

Laptops 4 Learning L4L is a nonprofit organization dedicated to bridging the digital divide by distributing laptops to individuals from low to moderate-income households. Through partnerships with...

Laptops 4 Learning L4L is a nonprofit organization dedicated to bridging the digital divide by distributing laptops to individuals from low to moderate-income households. Through partnerships with community service organizations schools churches and its online platform L4L successfully reached students in 47 states. In 2025 85% of recipients benefited from financial aid enabling them to acquire laptops at below market prices. Furthermore L4Ls innovative Match-Fund Revenue initiative focused on raising funds specifically to provide laptops to K-12 students in Title-1 schools who lacked essential digital resources at home.

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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 (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

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

Total Directors

Key Employees

$24,600

Highest Compensated

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