L E A R N
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves
L E A R N is a 501(c)(3) organization based in Lubbock, Texas, registered in 1966, with $1,210,270 in FY2024 revenue. CharityIndex grades it D.
2161 50th Street, Lubbock, TX, 79412 EIN 75-6053899 Since 1966
Revenue (FY2024)
$1.2M
▲ 4.6% vs prior year
Expenses (FY2024)
$1.2M
Net assets
-$8,441
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for L E A R N— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For L E A R N: 0 mo reserves · -1% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for L E A R N— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For L E A R N: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $1.0M (FY2015) to $1.2M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8,678Net assets -$8,441
Operating margin
-1.3%
Spent more than it raised in the latest fiscal year.
Total assets
$237
Total liabilities
$8,678
Net assets
-$8,441
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,210,270▲4.6% | $1,226,222▲6.3% | -$8,441▼222% | $237▼96.6% | 990 |
| 2023 | $1,156,787▼4.1% | $1,153,476▼4.7% | $6,903▲107% | $6,919▲106% | 990 |
| 2022 | $1,206,747▼3.7% | $1,210,997▼3.1% | $3,335▼15.4% | $3,351▼55.9% | 990 |
| 2021 | $1,253,505▲9.9% | $1,249,747▲10.5% | $3,940▲5372% | $7,606▲111% | 990 |
| 2020 | $1,140,408▲2.3% | $1,130,660▲2.5% | $72▲101% | $3,598▼55.0% | 990 |
| 2019 | $1,114,361▲1.7% | $1,103,592▲0.7% | -$7,605▲58.6% | $7,994▼12.1% | 990 |
| 2018 | $1,095,572▲2.9% | $1,095,464▲2.8% | -$18,374▲0.6% | $9,092▼55.9% | 990 |
| 2017 | $1,065,152▲2.7% | $1,065,173▲4.6% | -$18,482▼0.1% | $20,618▼35.9% | 990 |
| 2016 | $1,037,291▲3.3% | $1,018,256▲2.3% | -$18,461▲50.8% | $32,183▲48.8% | 990 |
| 2015 | $1,004,297 | $995,295 | -$37,496 | $21,627 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is L E A R N a legitimate nonprofit?
- Yes. L E A R N is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-6053899, based in Lubbock, Texas. Donations are tax-deductible.
- What is L E A R N's EIN?
- L E A R N's Employer Identification Number (EIN) is 75-6053899.
- How much revenue does L E A R N report?
- L E A R N reported $1,210,270 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does L E A R N have?
- CharityIndex grades L E A R N D, based on financial health (reserves and operating margin).
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Data for L E A R N (EIN 75-6053899) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.