Education
(B90)
IRS Verified
DX Registered
990 on File
FIRST HAND LEARNING INC
Financial strength (30%)
82/100
Reliability (20%)
55/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of First Hand Learning, Inc. is to promote the process of scientific investigation as a vehicle for lifelong learning.
Financial Overview — FY 2023
$260K
Total Revenue
$297K
Total Expenses
$131K
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
77.8%
Fundraising Efficiency
N/A
Operating Reserve
5.29x
Liability-to-Asset
33.2%
Revenue Diversification
94.6%
Executive Compensation
$38K
Compared with Peers
FY 2023
Compared with 21,283 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.8% | 88.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
22.2% | 8.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.3 mo | 9.7 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.2% | 0.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.6% | 90.2% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
1.5% | 8.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.8% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-14.3% | 2.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $260K | $297K | $131K | 77.8% | 5 |
| 2022 | $256K | $265K | $168K | 81.3% | 5 |
| 2021 | $278K | $293K | N/A | — | 5 |
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