Nonprofit · EIN 47-0942849
LEARNING COMMUNITY CHARTER SCHOOL INC
Tax-exempt · CENTRAL FALLS, RI 02863
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $13,354,328 | $13,381,814 | -$27,486 | $11,279,614 | $3,253,701 | $8,025,913 |
| June 30, 2024 | 990 | $13,568,743 | $14,667,051 | -$1,098,308 | $11,460,083 | $3,464,541 | $7,995,542 |
| June 30, 2023 | 990 | $13,204,972 | $13,385,461 | -$180,489 | $12,052,709 | $3,338,176 | $8,714,533 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,855,722
- of which government grants
- $1,884,302
- Program service revenue
- $10,136,995
- Investment income
- $386,302
- Net gain from sales of assets
- $244,426
- Net income from fundraising events
- -$25,257
- Other revenue
- -$24,691
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $150,469
- Other salaries and wages
- $7,434,988
- Salaries, compensation and benefits (total)
- $10,352,325
- Professional fundraising fees
- $0
- Legal fees
- $111,534
- Accounting fees
- $29,925
- Occupancy
- $77,057
- Travel
- $275
- Depreciation
- $370,368
- Program services (functional)
- $11,228,281
- Management and general (functional)
- $1,907,549
- Fundraising (functional)
- $245,984
Balance sheet and other
- Total assets, start of year
- $11,460,083
- Total assets, end of year
- $11,279,614
- Total liabilities, end of year
- $3,253,701
- Net assets, end of year
- $8,025,913
- Land, buildings and equipment
- $4,346,012
- Publicly traded securities
- $5,274,920
- Net assets without donor restrictions
- $8,008,088
- Net assets with donor restrictions
- $17,825
- Gross receipts
- $13,781,636
- Employees
- 182
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- RI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARGARET O'LEARY | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $150,469 | $25,270 |
| HILLARY SALMONS | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| GRACE FARMER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PATRICK COLLINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARY-BETH FAFARD | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DEBORAH DREW | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS LADDS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DONNA GREGSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KERI CALHOUN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STERLING CLINTON-SPELLMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LYNN LOTIERZO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| OSCAR MEJIAS | VICE PRESIDENT Trustee or director | 1 | $0 | $0 |
| MONICA PEREZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELLEN POLANSKY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KIRSTEN SHROUT FERNANDES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HELENA MORONTA | BOARD MEMBER THROUGH 9/18/24 Trustee or director | 1 | $0 |
| LAQUANDRA CHARLTON | BOARD MEMBER THROUGH 10/24/24 Trustee or director | 1 | $0 |
| ZELMA MALAVE | BOARD MEMBER THROUGH 9/16/24 Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARGARET O'LEARY | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $146,202 |
| HILLARY SALMONS | BOARD MEMBER Trustee or director | 1 | $0 |
| GRACE FARMER | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| PATRICK COLLINS | BOARD MEMBER Trustee or director | 1 | $0 |
| HELENA MORONTA | BOARD MEMBER Trustee or director | 1 | $0 |
| MARY-BETH FAFARD | BOARD MEMBER Trustee or director | 1 | $0 |
| AYANA MELVAN | BOARD MEMBER Trustee or director | 1 | $0 |
| DEBORAH DREW | BOARD MEMBER Trustee or director | 1 | $0 |
| MARIA DUQUE | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS LADDS | BOARD MEMBER Trustee or director | 1 | $0 |
| DONNA GREGSON | BOARD MEMBER Trustee or director | 1 | $0 |
| LAUREN BALBUENA | BOARD MEMBER Trustee or director | 1 | $0 |
| RELE ABIADE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARGARET O'LEARY | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $141,065 | $21,501 |
| MARC GREENFIELD | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| HILLARY SALMONS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GRACE FARMER | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PATRICK COLLINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HELENA MORONTA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MIRIAM WEIZENBAUM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARY-BETH FAFARD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AYANA MELVAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DEBORAH DREW | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| EMMANUEL CONTE-KROMA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARIA DUQUE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS LADDS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DONNA GREGSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LAUREN BALBUENA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RELE ABIADE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 21 LINCOLN AVE, CENTRAL FALLS, RI 02863-2012
- In care of
- % MEG OLEARY
- Principal officer (990 for 2024)
- MARGARET O'LEARY, 21 LINCOLN AVENUE, CENTRAL FALLS, RI 02863
- Signed the 990
- HILLARY SALMONS, HEAD OF SCHOOL
- Phone
- (401) 722-9998
- Website
- WWW.THELEARNINGCOMMUNITY.COM
- Return prepared by
- MULLEN SCORPIO & CERILLI
Mission
THE SCHOOL PROVIDES EDUCATIONAL SERVICES TO STUDENTS K-8TH GRADE.
Program accomplishments
- THE LEARNING COMMUNITY IS AN INNOVATIVE URBAN PUBLIC SCHOOL SERVING CENTRAL FALLS, PROVIDENCE, AND PAWTUCKET TI IN GRADES K-8. THE LEARNING COMMUNITY IS A HIGH POVERTY, HIGH ACHIEVING SCHOOL THAT BELIEVES DEEPLY IN THE VOICES OF TEACHERS, STUDENTS, AND FAMILIES. WE ARE COMMITTED TO HIGH STANDARDS, CRITICAL THINKING, AND STRONG FAMILY ENGAGEMENT. WE CURRENTLY SERVE ALMOST 600 STUDENTS IN OUR SCHOOL. WE ARE COMMITTED TO STRENGTHENING OUR NATION'S PUBLIC EDUCATION SYSTEM BY SHARING WHAT WORKS THROUGH TARGETED WORK WITH DISTRICTS, SCHOOLS, AND CLASSROOM TEACHERS. THIS WORK FULFILLS OUR OLD MISSION: AT THE LEARNING COMMUNITY, WE BELIEVE THAT LITERACY EMPOWERS.Expenses $11,228,281 · revenue $10,136,995
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-0942849
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $11,279,614
- Income (IRS master file)
- $13,781,636
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $13,354,328 | $13,381,814 | $11,279,614 | XML |
| 990 | June 2024 | $13,568,743 | $14,667,051 | $11,460,083 | IRS |
| 990 | June 2023 | $13,204,972 | $13,385,461 | $12,052,709 | XML |
| 990 | June 2022 | $12,774,350 | $12,816,576 | $12,048,811 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-0942849).
Questions about LEARNING COMMUNITY CHARTER SCHOOL INC
- What is the EIN of LEARNING COMMUNITY CHARTER SCHOOL INC?
- The employer identification number (EIN) of LEARNING COMMUNITY CHARTER SCHOOL INC is 47-0942849.
- Is LEARNING COMMUNITY CHARTER SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to LEARNING COMMUNITY CHARTER SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEARNING COMMUNITY CHARTER SCHOOL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LEARNING COMMUNITY CHARTER SCHOOL INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEARNING COMMUNITY CHARTER SCHOOL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LEARNING COMMUNITY CHARTER SCHOOL INC?
- The 990 for the year ended June 30, 2025 names MARGARET O'LEARY.
- Who are the officers and directors of LEARNING COMMUNITY CHARTER SCHOOL INC?
- The 990 for the year ended June 30, 2025 lists 18 people; 1 received compensation from the organization, the highest $150,469 (MARGARET O'LEARY, EXECUTIVE DIRECTOR).
- How much revenue does LEARNING COMMUNITY CHARTER SCHOOL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $13,354,328, expenses of $13,381,814 and total assets of $11,279,614 at year end.
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