Civic Intelligence

Learning Networks Foundation

EIN 02-0279766 • 501(c)3 • Loudon, NH

Profile

Higher education through the world wide internet process.

56 Whitehouse RdLoudon, NH 03307

www.learningnet.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.67x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

99th percentile

7.10x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

94th percentile

70%

Higher net margin than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

52nd percentile

-0.8%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

74th percentile

24%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$35,146

Down $283 (-0.8%) from 2013

Liabilities

Down

$58,796

Down $6,064 (-9.3%) from 2013

Net Assets

Up

-$23,650

Up $5,781 (+20%) from 2013

Operations
Liabilities / Revenue99th percentileNet Margin94th percentile

Revenue

Up

$8,282

Up $1,599 (+24%) from 2013

Expenses

Down

$2,501

Down $2,716 (-52%) from 2013

Net Income

Up

$5,781

Up $4,315 (+294%) from 2013

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50KAssets 2010: $53,695Liabilities 2010: $12,362Net Assets 2010: $41,3332010Assets 2011: $22,625Liabilities 2011: $50,110Net Assets 2011: -$27,4852011Assets 2012: $34,394Liabilities 2012: $65,291Net Assets 2012: -$30,8972012Assets 2013: $35,429Liabilities 2013: $64,860Net Assets 2013: -$29,4312013Assets 2014: $35,146Liabilities 2014: $58,796Net Assets 2014: -$23,6502014

Highlighted filing

2014

Assets$35,146
Liabilities$58,796
Net Assets-$23,650
Open 2014 Filing

Operations Trend

Revenue Growth74th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2010: $125,065Expenses 2010: $81,537Net Income 2010: $43,5282010Revenue 2011: $96,017Expenses 2011: $164,835Net Income 2011: -$68,8182011Revenue 2012: $60,988Expenses 2012: $64,400Net Income 2012: -$3,4122012Revenue 2013: $6,683Expenses 2013: $5,217Net Income 2013: $1,4662013Revenue 2014: $8,282Expenses 2014: $2,501Net Income 2014: $5,7812014

Highlighted filing

2014

Revenue$8,282
Expenses$2,501
Net Income$5,781
Open 2014 Filing

Filings

Most recent year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,146
Liabilities
$58,796
Net assets
-$23,650
Revenue
$8,282
Expenses
$2,501
Net income
$5,781
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.59$0.24$0.08$0.03$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.65$0.29$0.07$0.05$0.01
2012Summary only. Only limited summary data is available for this year.$0.34$0.65$0.31$0.61$0.64$0.03
2011Summary only. Only limited summary data is available for this year.$0.23$0.50$0.27$0.96$1.65$0.69
2010Summary only. Only limited summary data is available for this year.$0.54$0.12$0.41$1.25$0.82$0.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 16, 2015
Return Version
2013v4.0
Gross Receipts
$8,282
Mission and Program Overview

Mission

Higher education through the world wide internet process.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$33,110$33,110→ $0
Cash and Non-Interest-Bearing Accounts$1,989$1,706▼ $283
Total Assets$35,429$35,146▼ $283
Other Assets Total$330$330→ $0
Liabilities
Other Liabilities$64,313$58,249▼ $6,064
Accounts Payable and Accrued Expenses$547$547→ $0
Total Liabilities$64,860$58,796▼ $6,064
Net Assets / Fund Balance
Unrestricted Net Assets$-29,431$-23,650▲ $5,781
Total Net Assets Fund Balance$-29,431$-23,650▲ $5,781
Total Liabilities and Net Assets / Fund Balance$35,429$35,146▼ $283
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Carole SouleDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$8,282
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$5,781
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,501
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$800--$800
Insurance$518--$518
Other Expenses$70--$70
Total Functional Expenses$2,501$0$0$2,501
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
City Business Credit Card$24,846
Capital One Credit Card$16,875
Payroll Tax Liabilities$16,597
Loan From Officer$-69
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

EIN
02-0279766
Phone
6037838907

Signing Officer

Name
Carole Soule
Title
Member
Phone
6037838907
Signed
2015-02-16

Organization Details

Principal Officer
Carole Soule
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Preparer
Kimberly Hennessey
Phone
6032250941
Raw XML Appendix243 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits