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THE LEARNING COMMNUNITY CHARTER SCHOOL INC

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Public IRS 990 nonprofit record

THE LEARNING COMMNUNITY CHARTER SCHOOL INC

EIN 47-0942849 · Elementary & Secondary Schools (B20)

What they do

THIS WORK FULFILLS OUR MISSON AT THE LEARNING COMMUNITY, WE BELIEVE THAT LITERACY EMPOWERS EACH INDIVIDUAL to HAVE A VOICE,ASSUME COMMUNITY RESPONSIBILITY and TAKE SOCIAL ACTION. WE EXPECT LEADERSHIP AT EVERY LEVEL. WE GROW TEACHERS, STUDENT LEADERS, and COMMUNITY LEADERS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $83.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

84.08%of revenue went to mission work83.9% of expenses · Program services
1.84%of revenue went to fundraising1.8% of expenses
$100.21spent for every $100 of revenueSpending was higher than revenue this year.
14.28%of revenue went to management and office costs14.3% of expenses
$0.84in assets for every $1 spent this yearSome assets cannot be spent right away.
21.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $27,486 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $175,739 for MARGARET OLEARY (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$13,354,328
Mission workProgram services$11,228,28184.08% of revenue83.9% of expenses
ManagementOffice and general costs$1,907,54914.28% of revenue14.3% of expenses
FundraisingAsking for donations$245,9841.84% of revenue1.8% of expenses
Total expenses$13,381,814100.21% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 83.9% mission · 14.3% management · 1.8% fundraisingTotal expenses: 100.21% of revenue
2023Expense mix: 85.1% mission · 12.9% management · 2.0% fundraisingTotal expenses: 108.09% of revenue
2022Expense mix: 83.4% mission · 14.3% management · 2.3% fundraisingTotal expenses: 101.37% of revenue
2021Expense mix: 83.9% mission · 14.2% management · 1.9% fundraisingTotal expenses: 100.33% of revenue
2020Expense mix: 83.1% mission · 15.0% management · 1.9% fundraisingTotal expenses: 100.05% of revenue
2019Expense mix: 89.0% mission · 9.3% management · 1.7% fundraisingTotal expenses: 107.03% of revenue
2018Expense mix: 90.4% mission · 7.7% management · 1.9% fundraisingTotal expenses: 101.31% of revenue
2017Expense mix: 88.3% mission · 9.6% management · 2.1% fundraisingTotal expenses: 99.47% of revenue

Money in and money out

Revenue$13,354,328
Expenses$13,381,814
Annual shortfall $27,486 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$11,228,281 · 83.9% of expenses
Management and office costs$1,907,549 · 14.3% of expenses
Fundraising$245,984 · 1.8% of expenses
See all reported dollar amounts
Revenue$13,354,328
Expenses$13,381,814
Assets$11,279,614
Income$13,781,636
Contributions$2,855,722
Mission work (program services)$11,228,281
Fundraising$245,984
Management and general$1,907,549
Stocks and bonds$5,274,920
Accounting fees$29,925
Investing fees$26,311
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MARGARET OLEARYEXECUTIVE DIRECTOR · 40 hrs/week $175,739Base $150,469 · Other $25,270

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

MARGARET OLEARYEXECUTIVE DIRECTOR

LAQUANDRA CHARLTONBOARD MEMBER THROUGH 10/24/24

ZELMA MALAVEBOARD MEMBER THROUGH 9/16/24

STERLING CLINTON-SPELLMANBOARD MEMBER

PATRICK COLLINSBOARD MEMBER

OSCAR MEJIASVICE PRESIDENT

MONICA PEREZBOARD MEMBER

MARY-BETH FAFARDSECRETARY

LYNN LOTIERZOBOARD MEMBER

CHRIS LADDSBOARD MEMBER

KIRSTEN SHROUT FERNANDESBOARD MEMBER

KERI CALHOUNBOARD MEMBER

HILLARY SALMONSPRESIDENT

HELENA MORONTABOARD MEMBER THROUGH 9/18/24

GRACE FARMERTREASURER

ELLEN POLANSKYBOARD MEMBER

DONNA GREGSONBOARD MEMBER

DEBORAH DREWBOARD MEMBER

About this charity

Recognized since
January 2005
Location
21 LINCOLN AVE, CENTRAL FALLS, RI 02863-2012
County
Providence
In care of
% MEG OLEARY
Primary officer
HILLARY SALMONS, HEAD OF SCHOOL

How to reach them

WebsiteVisit the charity’s website Phone(401) 722-9998

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
MULLEN SCORPIO & CERILLI
NTEE classification
Elementary & Secondary Schools (B20)
IRS tax category
Elementary & Secondary Schools

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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