Learning Resources Network Inc

Organization Overview

Learning Resources Network Inc, operating under the name Lern, is located in Manhattan, KS. The organization was established in 1978. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2023, Lern employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lern is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Lern generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

LERN IS AN INTERNATIONAL ASSOCIATION OF LIFELONG LEARNING ORGANIZATIONS, OFFERING TECHNICAL ASSISTANCE EXPERTISE AND SERVICES TO PROVIDERS OF LIFELONE LEARNING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

UGOTCLASS: ONLINE COURSES AND CERTIFICATIONS LERN DEVELOPS/PROVIDES THAT LERN MEMBERS AND CUSTOMERS PROMOTE.


ANNUAL CONFERENCE: EACH YEAR LERN HOLDS AN ANNUAL CONFERENCE. THE 2022 ANNUAL CONFERENCE WAS VIRTUAL WITH OVER 2,200 ATTENDEES. THE FOCUS OF THE ANNUAL CONFERENCE IS HOW TO, PRACTICAL SESSIONS.


MEMBERSHIP: LERN'S MEMBERSHIP IS COMPRISED OF APPROXIMATELY 400 MEMBER ORGANIZATIONS WHICH TOTALS 4,000 INDIVIDUALS. ORGANIZATIONS CAN HAVE UP TO 12 PEOPLE AS PART OF THEIR ORGANIZATION MEMBERSHIP.


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Board, Officers & Key Employees

Name (title)Compensation
William Draves
President
$83,152
Julia Coates Draves
Senior Vice President
$45,000
Scott Cashman
Chair
$0
Daniel Thorpe
Treasurer
$0
Jill Korsok
Director
$0
Amy Lasack
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
George Washington University
Contract Presenter
$331,365
Cuadvantage Inc
Printing
$145,542
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,854,252
Investment income $23,980
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,110
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,883,719

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