Luminary Learning Network
- Assets
- $656.9k
- Revenue
- $443.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Denver, CO
- Founding
- 05/2017
- Data as of
- 06/2022
- EIN
- 81-2647460
Organization Overview
Luminary Learning Network is located in Denver, CO. The organization was established in 2017. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Luminary Learning Network employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Luminary Learning Network 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 06/2022, Luminary Learning Network generated $443.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $517.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LLN WILL ACCELERATE INNOVATIVE APPROACHES TO ENSURE ALL KIDS SUCCEED IN DENVER. THROUGH AN INNOVATION ZONE, THE LLN BRINGS TOGETHER A DIVERSE GROUP OF SCHOOLS THAT ARE COMMITTED TO PROVIDING UNIQUE AND EXCITING LEARNING ENVIRONMENTS FOR STUDENTS WHILE EMPOWERING TEACHERS AND LEADERS TO DESIGN AND RUN EXCELLENT SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LLN SIGNIFICANTLY INCREASES THE ABILITY OF EACH OF ITS MEMBER SCHOOLS TO ALLOCATE RESOURCES AND TO TAILOR STRATEGIES AND APPROACHES TO MEET THE UNIQUE NEEDS OF THEIR COMMUNITIES. DURING THE 2020 -21 AND 2021-22 SCHOOL YEARS, THE LLN SUPPORTED SIX SCHOOLS SERVING 2,110 STUDENTS. IN PARTNERSHIP WITH DENVER PUBLIC SCHOOLS, THE LLN ENSURES THAT SCHOOLS HAVE THE OPERATIONAL AND FINANCIAL AUTONOMY AND FLEXIBILITY THEY NEED IN ORDER TO EXECUTE THEIR INNOVATION PLANS WITH FIDELITY AND CUSTOMIZE THEIR EDUCATIONAL MODEL IN ORDER TO BEST SERVE STUDENTS. IN ADDITION, THE LLN PROVIDES EXECUTIVE COACHING, SCHOOL REVIEWS, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR ALL MEMBER SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Bailey Holyfield Executive Di | Officer | 40 | $157,863 |
Tyler Mounsey Chair | OfficerTrustee | 2 | $0 |
Frank Coyne Secretary | OfficerTrustee | 2 | $0 |
Sharmila Mann Board Member | Trustee | 1 | $0 |
Brandon Shields Board Member | Trustee | 1 | $0 |
Miguel Gonzalez Board Member | Trustee | 1 | $0 |
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 | $45,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,000 |
| Total Program Service Revenue | $394,354 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $443,337 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $235,263 |
| Compensation of current officers, directors, key employees. | $28,232 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $120,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,277 |
| Payroll taxes | $27,129 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,905 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,926 |
| Information technology | $302 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,313 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $765 |
| All other expenses | $0 |
| Total functional expenses | $517,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $655,994 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $895 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $656,889 |
| Accounts payable and accrued expenses | $42,086 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $42,086 |
| Net assets without donor restrictions | $614,803 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $656,889 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Luminary Learning Network has recieved totaling $232,500.
| Awarding Organization | Amount |
|---|---|
Rooted Denver, CO PURPOSE: School Quality & Equity | $175,000 |
Margulf Foundation Glendale, CO PURPOSE: TALENT HEALTH AND WELLNESS SUSTAINABILITY | $45,000 |
Rose Community Foundation Denver, CO PURPOSE: general operating support | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nebraska Soybean Board Lincoln, NE | $13,439,393 | $30,921,429 |
Naca-Inspired Schools Network Albuquerque, NM | $4,333,179 | $4,644,398 |
Chandler School Boosters Inc Chandler, AZ | $2,971,586 | $4,921,052 |
Denver Early Childhood Council Denver, CO | $1,380,072 | $3,651,532 |
Colorado Digital Learning Solutions Broomfield, CO | $1,575,239 | $3,108,824 |
Pencil Box Inc Tulsa, OK | $4,507,396 | $4,826,837 |
Lsg And Associates Inc Albuquerque, NM | $1,123,056 | $2,626,051 |
Lobo Development Corporation Albuquerque, NM | $30,104,169 | $2,623,304 |
Montbello Organizing Committee Denver, CO | $2,943,100 | $4,649,313 |
Colorado Early Colleges-Fort Collins Building Corporation Fort Collins, CO | $20,278,437 | $1,400,213 |
San Juan College Foundation Farmington, NM | $27,426,683 | $2,731,458 |
University Of Colorado Property Corporation Denver, CO | $48,186 | $0 |