AI Transparency Report
Learning Works demonstrates generally stable financial health, with revenues and expenses fluctuating but remaining within a consistent range over the past decade. For instance, in the 202306 period, the organization reported revenues of $3,188,418 against expenses of $2,656,420, indicating a surplus. While there have been periods of deficit spending, such as in 202206 where expenses ($2,361,454) exceeded revenue ($2,036,254), the overall trend suggests a capacity to manage its financial operations. The organization's assets have shown growth, increasing from $965,421 in 202206 to $1,551,859 in 202306, which is a positive indicator of financial stability.
The spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards programmatic activities and operational costs rather than executive salaries. The absence of reported officer compensation is a significant positive for transparency and donor confidence, indicating a commitment to maximizing direct impact. The organization's liabilities have also remained manageable relative to its assets, further supporting its financial prudence.
Overall, Learning Works exhibits a commendable level of financial transparency through its consistent IRS 990 filings and the clear allocation of resources. The lack of executive compensation is a standout feature, reinforcing its dedication to its mission. While revenue can fluctuate, the organization has demonstrated resilience and a growing asset base, suggesting a well-managed and financially responsible operation.