Civic Intelligence

The Learning Community Charter School Inc.

990 • Fiscal year 2020 • EIN 22-3510465

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 30, 2021

2495 John F Kennedy BlvdJersey City, NJ 07304-2007

(201) 332-0900

Siviq Scores

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

Liabilities / Assets

59th percentile

0.51x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

29th percentile

0.11x

Higher debt load relative to revenue than 29% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Net Margin

30th percentile

-1.2%

Higher net margin than 30% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

58th percentile

$155,600

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Asset Growth

88th percentile

75%

Faster asset growth than 88% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

51st percentile

2.4%

Faster revenue growth than 51% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,859,372

Up $794,852 (+75%) from 2019

Net Assets

Down

$919,554

Down $105,544 (-10%) from 2019

Liabilities

Up

$939,818

Up $900,396 (+2284%) from 2019

Revenue

Up

$8,687,382

Up $207,177 (+2.4%) from 2019

Expenses

Up

$8,792,926

Up $555,110 (+6.7%) from 2019

Net Income

Down

-$105,544

Down $347,933 (-144%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,064,281Liabilities 2010: $425,908Net Assets 2010: $638,3732010Assets 2011: $1,027,896Liabilities 2011: $417,283Net Assets 2011: $610,6132011Assets 2012: $1,087,998Liabilities 2012: $469,127Net Assets 2012: $618,8712012Assets 2013: $922,241Liabilities 2013: $195,583Net Assets 2013: $726,6582013Assets 2014: $1,012,574Liabilities 2014: $65,678Net Assets 2014: $946,8962014Assets 2015: $1,235,232Liabilities 2015: $325,012Net Assets 2015: $910,2202015Assets 2016: $833,466Liabilities 2016: $30,160Net Assets 2016: $803,3062016Assets 2017: $1,066,732Liabilities 2017: $217,498Net Assets 2017: $849,2342017Assets 2018: $817,287Liabilities 2018: $34,578Net Assets 2018: $782,7092018Assets 2019: $1,064,520Liabilities 2019: $39,422Net Assets 2019: $1,025,0982019Assets 2020: $1,859,372Liabilities 2020: $939,818Net Assets 2020: $919,5542020Assets 2021: $2,196,199Liabilities 2021: $941,296Net Assets 2021: $1,254,9032021Assets 2022: $3,337,647Liabilities 2022: $190,824Net Assets 2022: $3,146,8232022Assets 2023: $5,081,638Liabilities 2023: $158,531Net Assets 2023: $4,923,1072023Assets 2024: $6,276,151Liabilities 2024: $379,982Net Assets 2024: $5,896,1692024

Highlighted filing

2020

Assets$1,859,372
Liabilities$939,818
Net Assets$919,554

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,557,6082010Expenses 2011: $5,597,6742011Expenses 2012: $6,541,1092012Revenue 2013: $6,884,139Expenses 2013: $6,776,353Net Income 2013: $107,7862013Revenue 2014: $7,484,019Expenses 2014: $7,263,781Net Income 2014: $220,2382014Revenue 2015: $7,650,712Expenses 2015: $7,687,388Net Income 2015: -$36,6762015Revenue 2016: $8,019,089Expenses 2016: $8,126,003Net Income 2016: -$106,9142016Revenue 2017: $7,989,598Expenses 2017: $7,943,670Net Income 2017: $45,9282017Revenue 2018: $7,831,687Expenses 2018: $7,898,212Net Income 2018: -$66,5252018Revenue 2019: $8,480,205Expenses 2019: $8,237,816Net Income 2019: $242,3892019Revenue 2020: $8,687,382Expenses 2020: $8,792,926Net Income 2020: -$105,5442020Revenue 2021: $9,571,005Expenses 2021: $9,235,656Net Income 2021: $335,3492021Revenue 2022: $12,946,307Expenses 2022: $11,054,387Net Income 2022: $1,891,9202022Revenue 2023: $15,128,619Expenses 2023: $13,352,335Net Income 2023: $1,776,2842023Revenue 2024: $16,194,616Expenses 2024: $15,221,554Net Income 2024: $973,0622024

Highlighted filing

2020

Revenue$8,687,382
Expenses$8,792,926
Net Income-$105,544
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 30, 2021
Return Version
2019v5.1
Gross Receipts
$8,687,382
Mission and Program Overview

Mission

The Learning Community Charter School is a Public School that is overseen by the NJ Department Of Education. The School offers an alternative academic program to assist children to discover their talents and provides a community resource and a means to unite parents, teachers and students

The Learning Community Charter School is a Public School overseen by the NJ Department Of Education. The School offers an alternative academic program to assist children to discover their talents and provides a community resource and a means to unite parents, teachers and students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$944,860$1,759,574▲ $814,714
Accounts Receivable$119,660$99,798▼ $19,862
Total Assets$1,064,520$1,859,372▲ $794,852
Liabilities
Other Liabilities-$815,422-
Deferred Revenue$34,359$104,358▲ $69,999
Accounts Payable and Accrued Expenses$5,063$20,038▲ $14,975
Total Liabilities$39,422$939,818▲ $900,396
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$951,098$845,554▼ $105,544
Net Assets With Donor Restrictions$74,000$74,000→ $0
Total Net Assets Fund Balance$1,025,098$919,554▼ $105,544
Total Liabilities and Net Assets / Fund Balance$1,064,520$1,859,372▲ $794,852
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Colin HoganHead of SchoolFT$155,600$155,600$155,600

Board Members and Trustees

NameTitle
Angela Bennett-glockPresident
Keith DonathVice President
Michael FalkowskiBoard Secretary
Adam IrvingTrustee
Bertram OkpokwasiliTrustee
Elizabeth CainTrustee
Marisa GerkeTrustee
Nikhil PuriTrustee
Paula MahayosnandTrustee
Tara TymanTrustee
Colin DunnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,559,701
Program Service Revenue
$127,681
Investment Income
$0
Other Revenue
$0
All Other Contributions
$177,718
Change in Net Assets
$-105,544

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,687,382
Total Revenue per Audited Statements
$8,687,382
Total Revenue per Form 990
$8,687,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,566,949
Other Expenses$2,225,977
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,618,401$689,219-$4,307,620
Other Employee Benefits$1,897,836$361,493-$2,259,329
Interest$305,189$58,131-$363,320
Other Expenses$217,767$41,480-$259,247
Insurance$90,655$17,268-$107,923
All Other Expenses$50,136--$50,136
Total Functional Expenses$7,463,303$1,329,623$0$8,792,926

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,792,926
Total Expenses per Audited Statements$8,792,926
Total Expenses per Form 990$8,792,926
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
Federal income taxes$815,422
Paycheck Protection Program - CARES ACT-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 12C

The Board follows the conflict of interest prescribed by the NJ Department of Education.

Form 990, Part VI, Section B, Line 15B

The Board reviews and approves all salaries.

Form 990, Part VI, Section B, Line 11A

Board reviews the Form 990 with the outside auditor before submittal.

Form 990, Part VI, Section C, Line 19

All governing documents, conflict of interest policies and financial statements are available to the public by contacting the administration at the school.

Filing and Contact Details

Filer

Filer Name
The Learning Community Charter School
EIN
22-3510465
Phone
2013320900
Address
2495 JOHN F KENNEDY BLVD, JERSEY CITY, NJ 07304-2007

Signing Officer

Name
Colin Hogan
Title
Head of School
Signed
2021-03-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Colin Hogan
Formed
1997
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
9
Employees
120

Preparer

Firm
Scott J Loefflercpa
Address
12 MERRY LANE, EAST HANOVER, NJ 07936
Preparer
Scott J Loefflercpa
Phone
9735854989
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IRS990/OtherSalariesAndWagesGrp/TotalAmt04307620
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0COLIN HOGAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Meal and child care program fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0127681
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0127681
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt08353812
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02059251
IRS990/PYProgramServiceRevenueAmt0126393
IRS990/PYRevenuesLessExpensesAmt0242389
IRS990/PYSalariesCompEmpBnftPaidAmt06178565
IRS990/PYTotalExpensesAmt08237816
IRS990/PYTotalRevenueAmt08480205
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-105544
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt08687382
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt08792926
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0815422
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Paycheck Protection Program - CARES ACT
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt08687382
IRS990ScheduleD/TotalExpensesPerForm990Amt08792926
IRS990ScheduleD/TotalLiabilityAmt0815422
IRS990ScheduleD/TotalRevenuePerForm990Amt08687382
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08687382
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08792926
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The school is a Public Charter School that receives ESEA and IDEA Grants for education of students within the school.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc06a
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0155600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0COLIN HOGAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0HEAD OF SCHOOL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0155600
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board follows the conflict of interest prescribed by the NJ Department of Education.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board reviews and approves all salaries.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board reviews the Form 990 with the outside auditor before submittal.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All governing documents, conflict of interest policies and financial statements are available to the public by contacting the administration at the school.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01064520
IRS990/TotalAssetsEOYAmt01859372
IRS990/TotalAssetsGrp/BOYAmt01064520
IRS990/TotalAssetsGrp/EOYAmt01859372
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt08559701
IRS990/TotalEmployeeCnt0120
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01329623
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07463303
IRS990/TotalFunctionalExpensesGrp/TotalAmt08792926
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt039422
IRS990/TotalLiabilitiesEOYAmt0939818
IRS990/TotalLiabilitiesGrp/BOYAmt039422
IRS990/TotalLiabilitiesGrp/EOYAmt0939818
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01025098
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0919554
IRS990/TotalProgramServiceExpensesAmt07463303
IRS990/TotalProgramServiceRevenueAmt0127681
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0127681
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08687382
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01064520
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01859372
IRS990/TotReportableCompRltdOrgAmt0155600
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02495 JOHN F KENNEDY BLVD
IRS990/USAddress/CityNm0JERSEY CITY
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007304
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.lccsnj.org

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.28$0.38$5.90$16.2$15.2$0.97
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.08$0.16$4.92$15.1$13.4$1.78
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.34$0.19$3.15$12.9$11.1$1.89
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.94$1.25$9.57$9.24$0.34
2020Detailed filing. Detailed filing data is available for this year.$1.86$0.94$0.92$8.69$8.79$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.04$1.03$8.48$8.24$0.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.03$0.78$7.83$7.90$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.22$0.85$7.99$7.94$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.83$0.03$0.80$8.02$8.13$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.33$0.91$7.65$7.69$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.01$0.07$0.95$7.48$7.26$0.22
2013Summary only. Only limited summary data is available for this year.$0.92$0.20$0.73$6.88$6.78$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.47$0.62$6.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.42$0.61$5.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.43$0.64$5.56