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Nonprofit · EIN 27-3328809

LEARNING COMPANY

Also known as Princeton Learning Cooperative

Tax-exempt · LANGHORNE, PA 19047

Financials

$1.3M$1.2M2022$1.4M$1.3M2023$1.1M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of LEARNING COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,122,595$1,104,991$17,604$721,762$70,887$650,875
June 30, 2024990$1,412,047$1,309,688$102,359$753,187$111,292$641,895
June 30, 2023990$1,294,745$1,167,724$127,021$611,383$102,364$509,019
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$51,976
Program service revenue
$1,045,586
Investment income
$25,033
Other revenue
$0

Expenses

Grants and similar amounts paid
$286,615
Compensation of officers, directors and key employees
$55,634
Other salaries and wages
$508,374
Salaries, compensation and benefits (total)
$651,555
Professional fundraising fees
$0
Accounting fees
$20,493
Occupancy
$89,475
Travel
$3,426
Program services (functional)
$901,093
Management and general (functional)
$182,560
Fundraising (functional)
$21,338

Balance sheet and other

Total assets, start of year
$753,187
Total assets, end of year
$721,762
Total liabilities, end of year
$70,887
Net assets, end of year
$650,875
Land, buildings and equipment
$6,601
Publicly traded securities
$234,181
Net assets without donor restrictions
$639,429
Net assets with donor restrictions
$11,446
Gross receipts
$1,122,595
Employees
12
Volunteers
50
Year formed
2010
State of legal domicile
PA

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.

NameTitleHours / weekCompensation
Joel HammonDirector
Officer
40$67,089
Joye NagleTreasurer
Trustee or director, Officer
1$0
Christie McDadeTrustee
Trustee or director
1$0
Charles KrugerPresident
Trustee or director, Officer
1$0
Patrick SullivanPresident
Trustee or director, Officer
1$0
David DiMiccoTrustee
Trustee or director
1$0
Clancy AugustSecretary
Trustee or director, Officer
1$0
Marc EpsteinTrustee
Trustee or director
1$0
Mark ShapiroTreasurer
Trustee or director, Officer
1$0
Melissa CabralTrustee
Trustee or director
0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
Joel HammonDirector
Officer
40$79,066
Kate DalyTrustee
Trustee or director
1$0
David DiMiccoTrustee
Trustee or director
1$0
Rob AmbrogiTrustee
Trustee or director
1$0
Marc EpsteinTrustee
Trustee or director
1$0
Christie McDadeTrustee
Trustee or director
1$0
Clancy AugustSecretary
Trustee or director, Officer
1$0
Joye NagleTreasurer
Trustee or director, Officer
1$0
Charles KrugerVice President
Trustee or director, Officer
1$0
Patrick SullivanPresident
Trustee or director, Officer
1$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensation
David DiMiccoTrustee
Trustee or director
1$0
Kate DalyTrustee
Trustee or director
1$0
Christie McDadeTrustee
Trustee or director
1$0
Clancy AugustTrustee
Trustee or director
1$0
Rob AmbrogiTrustee
Trustee or director
1$0
Shelby RobertsSecretary
Trustee or director, Officer
1$0
Joye NagleTreasurer
Trustee or director, Officer
1$0
Charles KrugerPresident
Trustee or director, Officer
1$0
Patrick SullivanVice President
Trustee or director, Officer
1$0
Joel HammonDirector
Officer
40$0

Address and contacts

Address (IRS master file)
315 W MAPLE AVE, LANGHORNE, PA 19047-2132
In care of
% MARK SHAPIRO
Mailing address (990-N for 2010)
PO Box 167, Princeton NJ 08542
Principal officer (990 for 2024)
Joel Hammon, 315 West Maple Avenue, Langhorne, PA 19047
Principal officer (990-N for 2010)
Joel Hammon, 453 Hamilton Blvd, Morrisville PA 19067
Signed the 990
MARK SHAPIRO, Treasurer
Phone
(609) 851-2522
Return prepared by
Jay Aronowitz CPA

Mission

The Learning Company is a group of local centers that make living and learning without school an option for teens. We provide academic and non-academic support as well as a supportive community for teens to pursue their education. We operate centers in three communities.

990 for the year ended June 30, 2025

Program accomplishments

  • The Learning Company offers classes, tutoring, mentoring, help finding volunteer and work opportunities, help with college admissions, and a safe and welcoming spaces for teens to work and socialize. We currently operate Princeton Learning Cooperative in Princeton, New Jersey, Bucks Learning Cooperative in Langhorne, Pennsylvania and Raritan Learning Cooperative in Flemington, New Jersey.
    Expenses $901,093 · grants $286,615 · revenue $1,050,372

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-3328809
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$721,762
Income (IRS master file)
$1,122,595

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,122,595$1,104,991$721,762XML
990June 2024$1,412,047$1,309,688$753,187XML
990June 2023$1,294,745$1,167,724$611,383XML
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990-N for 2010
Officer: Joel Hammon
June 30, 2011≤ $50,000 receipts––e-Postcard

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 27-3328809).

Questions about LEARNING COMPANY

What is the EIN of LEARNING COMPANY?
The employer identification number (EIN) of LEARNING COMPANY is 27-3328809.
Is LEARNING COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to LEARNING COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEARNING COMPANY 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 COMPANY 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 COMPANY 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 COMPANY?
The 990 for the year ended June 30, 2025 names Joel Hammon.
Who are the officers and directors of LEARNING COMPANY?
The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $67,089 (Joel Hammon, Director).
How much revenue does LEARNING COMPANY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,122,595, expenses of $1,104,991 and total assets of $721,762 at year end.

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