Totals
- Total revenue
- $3,795,869
- Total expenses
- $3,061,549
- Contributions and grants received
- $3,793,598
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $2,271
- Other revenue
- $0
- Total assets, end of year
- $3,192,925
- Total liabilities, end of year
- $1,029,619
- Net assets or fund balances, end of year
- $2,163,306
- Program services expenses (Part IX)
- $2,661,779
- Management and general expenses
- $240,463
- Fundraising expenses
- $159,307
- Program service expenses (Part III)
- $2,661,779
Program services were 86.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$3,536,339
-
1f · All other contributions, gifts and grants
$257,259
-
3 · Investment income
total $2,271 · unrelated business $0 · excluded $2,271
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $1,815,367 · program services $1,708,226 · management and general $54,015 · fundraising $53,126
-
9 · Other employee benefits
total $180,841 · program services $173,584 · management and general $3,659 · fundraising $3,598
-
11g · Fees: other
total $250,812 · program services $42,638 · management and general $125,406 · fundraising $82,768
-
16 · Occupancy
total $247,148 · program services $210,076 · management and general $24,715 · fundraising $12,357
-
20 · Interest
total $38,700 · program services $32,509 · management and general $4,127 · fundraising $2,064
-
22 · Depreciation, depletion and amortization
total $188,126 · program services $184,850 · management and general $3,276 · fundraising $0
-
24a · Other expenses: INSTRUCTIONAL MATERIALS
total $223,642 · program services $223,642 · management and general $0 · fundraising $0
-
24b · Other expenses: OTHER OPERATING EXPENSES
total $23,604 · program services $11,643 · management and general $8,373 · fundraising $3,588
-
24c · Other expenses: PROFESSIONAL DEVELOPMENT
total $72,676 · program services $72,676 · management and general $0 · fundraising $0
-
24d · Other expenses: DUES & SUBSCRIPTIONS
total $18,054 · program services $0 · management and general $16,248 · fundraising $1,806
-
24e · All other expenses
total $2,579 · program services $1,935 · management and general $644 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $852,693 · end of year $1,224,683
-
4 · Accounts receivable
beginning of year $536,500 · end of year $581,102
-
9 · Prepaid expenses and deferred charges
beginning of year $7,989 · end of year $38,624
-
10a · Land, buildings and equipment: cost or other basis
$1,594,562
-
10b · Land, buildings and equipment: accumulated depreciation
$272,786
-
10c · Land, buildings and equipment, net
beginning of year $772,935 · end of year $1,321,776
-
15 · Other assets
end of year $26,740
-
17 · Accounts payable and accrued expenses
beginning of year $120,592 · end of year $32,163
-
25 · Other liabilities
beginning of year $620,538 · end of year $997,456
-
27 · Net assets without donor restrictions
beginning of year $1,428,987 · end of year $2,163,306
Mission and programs · 2022
Mission
THE LEARNING SOURCE PROMOTES AND PROVIDES EDUCATIONAL OPPORTUNITIES THROUGH COLLABORATIVE PARTNERSHIPS FOR ADULTS AND FAMILIES TO SUPPORT THEIR FUTURE ACHIEVEMENTS.
-
The Program offers instruction in the core programs of: Family Literacy, Adult Basic Education, English Language Acquisition, Learning Collaboration and Distance Learning. Approximately 2,000 individual students were served during the year.
Expenses $2,661,779
As filed on the 2022 return.
Listed in Part VII
-
Josh EvansJOSH EVANS
EXECUTIVE DIRECTOR
- Total calculated
- $171,876
- From this org
- $171,876
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,876
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $171,876
-
Lisa HidalgoLISA HIDALGO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Anna GallegosANNA GALLEGOS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Nita BrattNITA BRATT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Bentley SmithBENTLEY SMITH
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Amy SavichAMY SAVICH
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
William LampingWILLIAM LAMPING
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
David MontgomeryDAVID MONTGOMERY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jacob VigilJACOB VIGIL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tammy StrattonTAMMY STRATTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400399349301420
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