Learning Networks Foundation
Learning Networks Foundation reports $0 revenue and assets in its latest filing, indicating dormancy or closure after years of declining finances.
EIN: 20279766 · Loudon, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $3K |
| Program Spending | 75% |
| Net Assets | $-23,650 |
| Transparency Score | 20/100 |
Is Learning Networks Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Learning Networks Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Learning Networks Foundation
Learning Networks Foundation (EIN: 20279766) is a nonprofit organization based in Loudon, NH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learning Networks Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Learning Networks Foundation is a micro nonprofit that has been operating for 55 years, with 5 years of IRS 990 filings on record (2010–2014). Revenue has grown at a compound annual rate of -49.3%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $3K |
| Surplus / Deficit | +$6K |
| Total Assets | $35K |
| Total Liabilities | $59K |
| Net Assets | $-23,650 |
| Operating Margin | 69.8% |
| Debt-to-Asset Ratio | 167.3% |
| Months of Reserves | 168.6 months |
Financial Health Grade: A
In 2014, Learning Networks Foundation reported a surplus of $6K with revenue exceeding expenses, holds 168.6 months of operating reserves (strong position), has a debt-to-asset ratio of 167.3% (high leverage).
Financial Trends
Over 5 years of filings (2010–2014), Learning Networks Foundation's revenue has declined at a compound annual growth rate (CAGR) of -49.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +23.9% | -52.1% | -0.8% |
| 2013 | -89.0% | -91.9% | +3.0% |
| 2012 | -36.5% | -60.9% | +52.0% |
| 2011 | -23.2% | +102.2% | -57.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Learning Networks Foundation with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Learning Networks Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 167.3%.
Executive Compensation Analysis
Officer compensation was consistently reported as 0% across all available filings, suggesting that the organization did not pay its officers or key employees, which is common for very small or volunteer-run entities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Learning Networks Foundation's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential inactivity or closure.
- Consistent negative net asset position, with liabilities often exceeding assets.
- Expenses frequently outpaced revenue in operational years, leading to financial instability.
- Significant decline in revenue from $125,065 in 2010 to $0 in the latest period.
Strengths
The following positive indicators were identified for Learning Networks Foundation:
- Reported 0% officer compensation across all filings, indicating volunteer leadership or unpaid executive roles.
Frequently Asked Questions about Learning Networks Foundation
Is Learning Networks Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Learning Networks Foundation (EIN: 20279766) significant concerns. Mission Score: 20/100. 4 red flags identified, 1 strength noted.
How does Learning Networks Foundation spend its money?
Learning Networks Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Learning Networks Foundation tax-deductible?
Learning Networks Foundation is registered as a tax-exempt nonprofit (EIN: 20279766). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Learning Networks Foundation's spending goes to programs?
Learning Networks Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Learning Networks Foundation located?
Learning Networks Foundation is headquartered in Loudon, New Hampshire and files with the IRS under EIN 20279766.
How many years of IRS 990 filings does Learning Networks Foundation have?
Learning Networks Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Learning Networks Foundation still operational?
Based on the latest filing showing $0 revenue and assets, it is highly probable that Learning Networks Foundation is no longer operational or is completely dormant.
What caused the significant decline in revenue and assets?
The provided data does not specify the exact causes, but a consistent trend of expenses exceeding revenue, particularly in 2011 ($164,835 expenses vs. $96,017 revenue) and 2012 ($64,400 expenses vs. $60,988 revenue), likely contributed to the financial decline and eventual cessation of activities.
Did the organization have significant debt?
Yes, the organization consistently carried significant liabilities, which often exceeded its assets. For example, in 2014, liabilities were $58,796 against assets of $35,146, indicating a negative net asset position.
Filing History
IRS 990 filing history for Learning Networks Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2010–2014), Learning Networks Foundation's revenue has declined by 93.4%, moving from $125K to $8K. Total assets decreased by 34.5% over the same period, from $54K to $35K. Total functional expenses fell by 96.9%, from $82K to $3K. In its most recent filing year (2014), Learning Networks Foundation reported a surplus of $6K, with revenue exceeding expenses. The organization holds $59K in liabilities against $35K in assets (debt-to-asset ratio: 167.3%), resulting in net assets of $-23,650.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $8K | $3K | $35K | $59K | — | View 990 |
| 2013 | $7K | $5K | $35K | $65K | — | View 990 |
| 2012 | $61K | $64K | $34K | $65K | — | View 990 |
| 2011 | $96K | $165K | $23K | $50K | — | View 990 |
| 2010 | $125K | $82K | $54K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $8K, expenses of $3K, and assets of $35K (revenue +23.9% year-over-year).
- 2013: Revenue of $7K, expenses of $5K, and assets of $35K (revenue -89.0% year-over-year).
- 2012: Revenue of $61K, expenses of $64K, and assets of $34K (revenue -36.5% year-over-year).
- 2011: Revenue of $96K, expenses of $165K, and assets of $23K (revenue -23.2% year-over-year).
- 2010: Revenue of $125K, expenses of $82K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Learning Networks Foundation:
Data Sources and Methodology
This transparency report for Learning Networks Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.