LEARNING ECONOMY INC (EIN 843436651) - 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

2020

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

LEARNING ECONOMY INC, founded in 2020, is a small nonprofit in the Education sector that reported $813K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 66% operating deficit.

Mission

TO PROVIDE A PROGRAM THAT FACILITATES EDUCATION ADVANCEMENT FOR INDIVIDUALS THROUGH THE USE OF AN ONLINE PORTAL THAT WILL ALLOW STUDENTS, PARENTS, TEACHERS, AND EMPLOYERS TO TRACK YOUTHS EDUCATIONAL JOURNEY STARTING FROM PRESCHOOL AND CONTINUING INTO ADULTHOOD.

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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 (2023)

Revenue Breakdown

Contributions & Grants $251,375

Program Service Revenue $561,895

Investment Income $196

Other Revenue $0

TOTAL REVENUE $813,466

Expense Breakdown

Grants Paid $0

Salaries & Benefits $443,381

Fundraising Expenses $40

Program Expenses $707,303

Other Expenses $908,063

TOTAL EXPENSES $1,351,444

Year-over-Year Comparison

	2023	2022	Change
Revenue	$813,466	$1,186,090	-0.3%
Expenses	$1,351,444	$872,518	+0.5%
Net Income	$-537,978	$313,572	-2.7%

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

$109,200

Total Directors

$109,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACKSON SMITH	TREASURER	20.00	Officer Director	$54,600	$0	$54,600
CHRIS PURIFOY	PRESIDENT	20.00	Officer Director	$54,600	$0	$54,600
MANJULA DISSANAYAKE	DIRECTOR	1.00	Director	$0	$0	$0
CARISSA CARTER	DIRECTOR	1.00	Director	$0	$0	$0
ANA C ROLD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GOODWIN	BOARD EXECUTIVE CHAIRMAN	5.00	Officer Director	$0	$0	$0
MARK SIMON	SECRETARY	1.00	Officer 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	$813,466	$1,351,444	$463,676	$-537,978
2022	$1,186,090	$872,518	$441,852	$313,572
2021	$604,080	$500,893	$132,015	$103,187

LEARNING ECONOMY INC