2024-11-07T11:11:53-06:00 2023-12-31 221478099 COHNREZNICK LLP 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2023-01-01 451059457 LEARN FRESH EDUCATION CO LEAR 8556226284 700 COLORADO BLVD 311 DENVER CO 80206 NICK MONZI CEO 8556226284 2024-11-06 1 1 JOLANTA TUCK CPA P01340068 7813803520 2024-11-06 2023 2024-10-15 13:58:12Z NICK MONZI 700 COLORADO BLVD 311 DENVER CO 80206 6470790 0 X WWW.LEARNFRESH.ORG X 2011 DE THE ORGANIZATION ENVISIONS A WORLD IN WHICH STUDENTS FIND LEARNING SO ENGAGING THAT THEY WANT TO DO IT ALL THE TIME. THROUGH COMMUNITY, PLAY, AND RIGOROUS EXPLORATION, THE ORGANIZATION FOCUSES TO LEVERAGE STUDENTS' PASSION FOR SPORTS AND ENTERTAINMENT TO INSPIRE THEIR STEM AND SOCIAL-EMOTIONAL LEARNING. THE ORGANIZATION'S PROGRAMS ARE EXPLICITLY FOCUSED ON ACHIEVING EQUITABLE REPRESENTATION ACROSS THE STEM PIPELINE FOR GIRLS, STUDENTS OF COLOR, AND THOSE LIVING IN LOW-INCOME COMMUNITIES. THROUGH THEIR CORE VALUES OF ASPIRATION, COMMUNITY, GRIT, INNOVATION AND INTEGRITY, THE ORGANIZATION AIMS TO EMPOWER EDUCATORS AND INSPIRE STUDENTS. 12 12 21 60 0 0 3662329 6458936 0 0 0 6854 0 5000 3662329 6470790 268000 0 0 0 1246962 1758826 0 0 214455 2549479 3487548 4064441 5246374 -402112 1224416 3724275 4879350 176584 95161 3547691 4784189 X THE ORGANIZATION ENVISIONS A WORLD IN WHICH STUDENTS FIND LEARNING SO ENGAGING THAT THEY WANT TO DO IT ALL THE TIME. THROUGH COMMUNITY, PLAY, AND RIGOROUS EXPLORATION, THE ORGANIZATION FOCUSES TO LEVERAGE STUDENTS' PASSION FOR SPORTS AND ENTERTAINMENT TO INSPIRE THEIR STEM AND SOCIAL-EMOTIONAL LEARNING. THE ORGANIZATION'S PROGRAMS ARE EXPLICITLY FOCUSED ON ACHIEVING EQUITABLE REPRESENTATION ACROSS THE STEM PIPELINE FOR GIRLS, STUDENTS OF COLOR, AND THOSE LIVING IN LOW-INCOME COMMUNITIES. THROUGH THEIR CORE VALUES OF ASPIRATION, COMMUNITY, GRIT, INNOVATION AND INTEGRITY, THE ORGANIZATION AIMS TO EMPOWER EDUCATORS AND INSPIRE STUDENTS. 0 0 4771864 5000 THE ORGANIZATION PROVIDES GAMES AND EDUCATIONAL CURRICULUM TO TEACHERS TO USE WITH THE STUDENTS IN THEIR CLASSROOMS. 4771864 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 12 0 1 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 DE MI PA UT NY CA CO X NICK MONZI 8556226284 700 COLORADO BLVD DENVER CO 80206 ADAM MILLER DIRECTOR 5.00 X 0 0 0 BETTY LOW DIRECTOR 5.00 X 0 0 0 CHEKEMMA FULMORE-TOWNSEND DIRECTOR 5.00 X 0 0 0 DAVID MCGHEE BOARD CHAIR 5.00 X X 0 0 0 JAMIE ROSENBERG DIRECTOR 5.00 X 0 0 0 JEFF HALE TREASURER 5.00 X X 0 0 0 KAREN LUCIANO DIRECTOR 5.00 X 0 0 0 KAYLA ALEXANDER DIRECTOR 5.00 X 0 0 0 MIKE SCOTT DIRECTOR 5.00 X 0 0 0 NASIR QADREE OUTGOING DIRECTOR 5.00 X 0 0 0 SETH WEINGER DIRECTOR 5.00 X 0 0 0 ZACH HILL DIRECTOR 5.00 X 0 0 0 NICK MONZI PRESIDENT/ CEO 40.00 X 157304 0 5563 CALVIN SIBERT CHIEF MISSION OFFICER 40.00 X 101417 0 5497 COLLEEN SERAFINI CHIEF PROGRAM OFFICER 40.00 X 118333 0 117 DEJANAE LYNETTE BERRY CHIEF OF STAFF 40.00 X 103595 0 5333 JEFFREY DREXLER CHIEF OPERATING OFFICER 40.00 X 122354 0 7119 603003 0 23629 5 0 1 0 0 241813 6217123 1487584 6458936 6854 6854 5000 5000 5000 6470790 5000 0 6854 162867 135975 7417 19475 1355182 1134823 56317 164042 109857 83904 17387 8566 130920 109670 5430 15820 65064 65064 512 512 211652 162789 48863 3306 3306 504484 492723 5930 5831 298 298 1321 1209 31 81 607621 594208 12773 640 112245 108177 4068 2903 2903 196753 163539 33214 3049 3049 LICENSE AND IMAGES 1052630 1052630 DONATED INVENTORY 711359 711359 LOSS FROM DISPOSAL OF I 14351 14351 5246374 4771864 260055 214455 969553 611111 1123892 2207666 37500 63197 696098 517647 8544 7114 1420978 466787 888688 954191 518424 3724275 4879350 44584 36661 57000 58500 75000 176584 95161 X 2286449 1845690 1261242 2938499 3547691 4784189 3724275 4879350 1224416 12082 0 X 0 1 X 0 0 X 2214803 2406480 5838413 3662329 6458936 20580961 2214803 2406480 5838413 3662329 6458936 20580961 10009014 10571947 6854 6854 5000 5000 20592815 7976 0.51340 0.53950 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2023 AMOUNT: $ 5,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53481 25060 28421 1367497 441727 925770 954191 X 6565202 12082 82842 94924 6470278 512 512 6470790 5328704 82842 82842 5245862 512 512 5246374 PART X, LINE 2: THE AGENCY QUALIFIES AS AN ORGANIZATION FORMED FOR CHARITABLE PURPOSES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND IS GENERALLY NOT SUBJECT TO INCOME TAX. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE AGENCY'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE AGENCY IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) OF THE IRC. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE AGENCY AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURES IN THE FINANCIAL STATEMENTS. GENERALLY, THE AGENCY'S INFORMATION/TAX RETURNS REMAIN OPEN FOR POSSIBLE FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS AFTER THE FILING DATE. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2020 REMAIN OPEN. 0 0 0 0 0 0 0 1 0 NICK MONZI PRESIDENT/ CEO 149990 0 7314 0 0 0 0 0 5563 0 162867 0 0 0 PART I, LINE 7 THE CEO'S BONUSES ARE DETERMINED THROUGH AN ANNUAL BOARD REVIEW PROCESS. COMPENSATION IS SET BY THE EXECUTIVE COMMITTEE AND IS DEPENDENT UPON FULL BOARD APPROVAL EACH YEAR. NICK MONZI PRESIDENT/CEO EDUCATIONAL ASSISTANCE FOR AN APPROVED GRADUATE DEGREE, TO BE FORGIVEN X 75000 63197 0 1 1 63197 SCHEDULE L, PART II: IN DECEMBER 31, 2022, THE BOARD OF DIRECTORS APPROVED A LOAN TO THE CHIEF EXECUTIVE OFFICER ("CEO") IN AN AMOUNT UP TO $75,000, PAYABLE IN TWO EQUAL $37,500 INSTALLMENTS, TO ASSIST WITH PAYING FOR AN APPROVED GRADUATE DEGREE. THE LOAN IS TO BE FORGIVEN IN EQUAL MONTHLY INSTALLMENTS OVER FIVE YEARS IF THE CEO MEETS CERTAIN CRITERIA, INCLUDING REMAINING AN EMPLOYEE OF THE AGENCY. AS OF DECEMBER 31, 2023, $75,000 WAS ADVANCED IN FULL. AS OF DECEMBER 31, 2023, THE OUTSTANDING BALANCE OF THE LOAN RECEIVABLE AMOUNTED TO $63,197 AND IS INCLUDED IN DUE FROM EMPLOYEE ON THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION. DURING 2023, THE AGENCY PROVIDED LOAN FORGIVENESS OF $11,803. X 12 940325 FMV X GAMES 1 547259 FMV 0 0 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER REVIEWS FORM 990. A COPY IS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE REQUIRED TO BE PRESENTED BY THE CONFLICTED PERSON AT THE GOVERNING BOARD OR COMMITTEE MEETING. FORM 990, PART VI, SECTION B, LINE 15B OFFICERS AND KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE CEO BASED ON THE INTENSITY AND BREADTH OF RESPONSIBILITIES WITHIN THE ORGANIZATION, PRIOR PROFESSIONAL EXPERIENCE, AND REGIONAL COMPARABLES FOR POSITIONS WITH SIMILARLY-SIZED ORGANIZATIONS. COMPENSATION IS REVIEWED ANNUALLY BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST.