Learning Team Inc.

990EZ • Fiscal year 2014 • EIN 13-3522487

Oct 01, 2013 to Sep 30, 2014 • Filed on Aug 17, 2015

Organization Profile N/A

4 Piping Brook LaneBedford, NY 10506

(914) 882-8110

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

62.65x

Higher debt load relative to assets than 100% of similar nonprofits.

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

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2014

Higher top officer pay than 82% of similar nonprofits.

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

-53%

Faster asset growth than 8% of similar nonprofits.

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

-100%

Faster revenue growth than 1% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets100th percentile

Assets

Down

$2,973

Down $3,318 (-53%) from 2013

Net Assets

Down

-$183,277

Down $3,318 (-1.8%) from 2013

Liabilities

Flat

$186,250

Flat from 2013

Revenue And Expenses

Liabilities / RevenueScore unavailable Net MarginScore unavailable

Revenue

Down

Down $22,500 (-100%) from 2013

Expenses

Down

$3,318

Down $15,735 (-83%) from 2013

Net Income

Down

-$3,318

Down $6,765 (-196%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2014

Assets$2,973

Liabilities$186,250

Net Assets-$183,277

Open 2014 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2014

Revenue$0

Expenses$3,318

Net Income-$3,318

Open 2014 Filing

Jump To

Filing Snapshot

Filing Period: Oct 1, 2013 to Sep 30, 2014
Signed: Aug 17, 2015
Return Version: 2013v4.0
Gross Receipts: $0

Mission and Program Overview

Mission

The learning team, inc. Is dedicated to the improvement in the quality of math & science education of children throughout the english speaking world. It creates and disseminates advanced educational software in conjunction with educators and institutions.

Program Services

Description	Grants	Expenses
TO PRODUCE AND MARKET CD ROMS WITH VARIOUS SIMULATION PROGRAMS WHICH ALLOW TEACHERS TO EQUIP EACH STUDENT WITH VARIOUS EXPERIMENTAL TECHNIQUES, INTEGRATE THE STUDY OF BIOLOGY, CHEMISTRY AND PHYSICS, VISUALIZE MATH PROBLEMS AND IDENTIFY REMEDIAL NEEDS OF THE STUDENTS.	$0	$0

Compensation and Service Providers

Top Officer Pay82nd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
THOMAS LASTER	Exec. Director	-	$0	-	-
LAURIE KREINDLER	VP	-	$0	-	-
JIM FIRMAN	Director	-	$0	-	-

Filing and Contact Details

Filer

EIN: 13-3522487
Phone: 9148828110

Signing Officer

Name: Laurie Kreindler
Title: Vice President
Phone: 9148828110
Signed: 2015-08-17
Discuss with paid preparer: Yes

Preparer

Preparer: Timothy Desmond
Phone: 9143818900

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

“Description: depreciation. Amount: 638.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank/credit card fees. Amount: 180.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: trademark net of amortization. Beg. Of year amount: 62. End of year amount: 62. Description: other depreciable assets. Beg. Of year amount: 807. End of year amount: 169.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: loans payable. Beg. Of year amount: 182,756. End of year amount: 182,756. Description: accounts payable. Beg. Of year amount: 3,494. End of year amount: 3,494.”

Raw XML Appendix169 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.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1	0	LAURIE KREINDLER
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	9148828110
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	4 PIPING BROOK LANE
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	BEDFORD
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	10506
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	5422
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	2742
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-3318
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	2500
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	6291
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	2973
IRS990EZ/GrossReceiptsAmt	0	0
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LoansToFromOfficersAmt	0	182756
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	1
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	-179959
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	-183277
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	-179959
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	-183277
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	638
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	THOMAS LASTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	LAURIE KREINDLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	JIM FIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	EXEC. DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	869
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	231
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	180
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	THE LEARNING TEAM, INC. IS DEDICATED TO THE IMPROVEMENT IN THE QUALITY OF MATH & SCIENCE EDUCATION OF CHILDREN THROUGHOUT THE ENGLISH SPEAKING WORLD. IT CREATES AND DISSEMINATES ADVANCED EDUCATIONAL SOFTWARE IN CONJUNCTION WITH EDUCATORS AND INSTITUTIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TO PRODUCE AND MARKET CD ROMS WITH VARIOUS SIMULATION PROGRAMS WHICH ALLOW TEACHERS TO EQUIP EACH STUDENT WITH VARIOUS EXPERIMENTAL TECHNIQUES, INTEGRATE THE STUDY OF BIOLOGY, CHEMISTRY AND PHYSICS, VISUALIZE MATH PROBLEMS AND IDENTIFY REMEDIAL NEEDS OF THE STUDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	NY
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	186250
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	186250
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	3318
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	0
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt	0	22500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt	0	22200
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt	0	15000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt	0	21000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	80700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	22500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	22200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	17417
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	21000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	83117
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	18545
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	25029
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	43574
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.36300
IRS990ScheduleA/PublicSupportPY509Pct	0	0.38400
IRS990ScheduleA/PublicSupportTotal509Amt	0	45991
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt	0	22500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt	0	22200
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt	0	15000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt	0	21000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	80700
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	22500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	22200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	35962
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	46029
IRS990ScheduleA/Total509Grp/TotalAmt	0	126691
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	22500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	22200
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	35962
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	46029
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	126691
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt	0	182756
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd	0	1
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd	0	0
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt	0	FOR EXPENSES OF THE ENTITY INCURRED IN PERFORMANCE OF ITS PRIMARY PURPOSE.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd	0	X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt	0	182756
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm	0	THOMAS LASTER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd	0	0
IRS990ScheduleL/TotalBalanceDueAmt	0	182756
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: DEPRECIATION. AMOUNT: 638.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: BANK/CREDIT CARD FEES. AMOUNT: 180.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: TRADEMARK NET OF AMORTIZATION. BEG. OF YEAR AMOUNT: 62. END OF YEAR AMOUNT: 62. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 807. END OF YEAR AMOUNT: 169.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	DESCRIPTION: LOANS PAYABLE. BEG. OF YEAR AMOUNT: 182,756. END OF YEAR AMOUNT: 182,756. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 3,494. END OF YEAR AMOUNT: 3,494.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS	0	2016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	LAURIE KREINDLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9148828110
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2015-08-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	THE LEARNING TEAM
ReturnHeader/Filer/BusinessNameControlTxt	0	LEAR
ReturnHeader/Filer/EIN	0	133522487
ReturnHeader/Filer/PhoneNum	0	9148828110
ReturnHeader/Filer/USAddress/AddressLine1	0	4 PIPING BROOK LANE
ReturnHeader/Filer/USAddress/City	0	BEDFORD
ReturnHeader/Filer/USAddress/State	0	NY
ReturnHeader/Filer/USAddress/ZIPCode	0	10506
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	271728945
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	O'CONNOR DAVIES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	500 MAMARONECK AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	HARRISON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	105281633
ReturnHeader/PreparerPersonGrp/PhoneNum	0	9143818900
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2015-07-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	TIMOTHY DESMOND
ReturnHeader/ReturnTs	0	2015-08-17T12:20:09-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-10-01
ReturnHeader/TaxPeriodEndDt	0	2014-09-30
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing

Assets: $2,973
Liabilities: $186,250
Net assets: -$183,277
Revenue: $0
Expenses: $3,318
Net income: -$3,318

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.23	$1.13	$0.91	$0.20	$0.00	$0.20
2023Detailed filing. Detailed filing data is available for this year.	$0.03	$1.13	$1.10	$0.00	$0.00	$0.00
2022Detailed filing. Detailed filing data is available for this year.	$0.18	$1.28	$1.10	$0.00	$0.00	$0.00
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.	$0.72	$1.83	$1.10	$0.50	$0.02	$0.48
2014Detailed filing. Detailed filing data is available for this year.	$0.03	$1.86	$1.83	$0.00	$0.03	$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.06	$1.86	$1.80	$0.23	$0.19	$0.03
2012Summary only. Only limited summary data is available for this year.	$0.03	$1.86		$0.22	$0.14	$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.05	$1.97	$1.92	$0.14	$0.54	$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.11	$1.64	$1.53	$0.37	$0.52	$0.15