2012-08-15T07:57:33-05:00 2011-09-30 O'CONNOR DAVIES MUNNS & DOBBINS LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990EZ 2010-10-01 133522487 LEARNING TEAM INC LEAR 9148828110 4 PIPING BROOK LANE BEDFORD NY 10506 THOMAS LASTER 9148828110 2012-08-16 1 TIMOTHY DESMOND 9143818900 2012-08-15 2010 2016-02-24 21:20:13Z X N/A X 35962 X 17417 18545 21865 -3320 14097 16015 5104 32516 53635 -39538 -152504 0 -192042 X 4738 969 6383 4021 11121 4990 163625 197032 -152504 -192042 X THE LEARNING TEAM, INC. IS DEDICATED TO THE IMPROVEMENT IN THE QUALITY OF MATH & SCIENCE EDUCATION OF CHILDREN THROUGHOUT THE ENGLISH SPEAKING WORLD. IT CREATES AND DISSEMINATES ADVANCED EDUCATIONAL SOFTWARE IN CONJUNCTION WITH EDUCATORS AND INSTITUTIONS. TO PRODUCE AND MARKET CD ROMS WITH VARIOUS SIMULATION PROGRAMS WHICH ALLOW TEACHERS TO EQUIP EACH STUDENT WITH VARIOUS EXPERIMENTAL TECHNIQUES, INTEGRATE THE STUDY OF BIOLOGY, CHEMISTRY AND PHYSICS, VISUALIZE MATH PROBLEMS AND IDENTIFY REMEDIAL NEEDS OF THE STUDENTS. 0 53635 53635 THOMAS LASTER 4 PIPING BROOK LANE BEDFORD NY 10506 2.00 0 0 0 LAURIE KREINDLER 4 PIPING BROOK LANE BEDFORD NY 10506 2.00 0 0 0 JIM FIRMAN 4 PIPING BROOK LANE BEDFORD NY 10506 1.00 0 0 0 X 0 0 0 0 0 1 182756 0 0 0 0 0 0 0 NY LAURIE KREINDLER 4 PIPING BROOK LANE BEDFORD NY 10506 9148828110 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 65000 21000 17417 103417 110084 27662 23582 25029 18545 204902 110084 27662 88582 46029 35962 308319 60000 21000 15000 96000 0 60000 21000 15000 96000 212319 37 51 41 129 37 51 41 129 12654 12654 1390 1390 122775 27713 90013 46029 35962 322492 0.65840 0.87790 0.00040 0.00080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED THOMAS LASTER FOR EXPENSES OF THE ENTITY INCURRED IN PERFORMANCE OF ITS PRIMARY PURPOSE. X 163625 182756 0 1 0 182756 INCOME FROM SALES OF INVENTORY FORM 990-EZ, PART I, LINE 7 INCOME: GROSS RECEIPTS: 18,545. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 21,865. GROSS PROFIT: -3,320. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 21,865. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 21,865. OCCUPANCY, RENT, UTILITIES AND MAINTENENCE FORM 990-EZ, PART I, LINE 14 DESCRIPTION: DEPRECIATION. AMOUNT: 1,973. DESCRIPTION: OTHER EXPENSES. AMOUNT: 3,131. TOTAL TO FORM 990-EZ, LINE 14: 5,104. OTHER EXPENSES FORM 990-EZ, PART I, LINE 16 DESCRIPTION: TRAVEL EXPENSES. AMOUNT: 11,876. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 16,933. DESCRIPTION: BANK/CREDIT CARD FEES. AMOUNT: 1,038. DESCRIPTION: MISCELLANEOUS. AMOUNT: 2,245. DESCRIPTION: FILING FEES. AMOUNT: 35. DESCRIPTION: AMORTIZATION OF TRADEMARK. AMOUNT: 389. TOTAL TO FORM 990-EZ, LINE 16: 32,516. OTHER ASSETS FORM 990-EZ, PART II, LINE 24 DESCRIPTION: TRADEMARK NET OF AMORTIZATION. BEG. OF YEAR AMOUNT: 1,229. END OF YEAR AMOUNT: 840. DESCRIPTION: PREPAID ROYALTY. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 0. DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 0. DESCRIPTION: UNDEPOSITED FUNDS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 5,154. END OF YEAR AMOUNT: 3,181. OTHER LIABILITIES FORM 990-EZ, PART II, LINE 26 DESCRIPTION: LOANS PAYABLE. BEG. OF YEAR AMOUNT: 163,625. END OF YEAR AMOUNT: 182,756. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 14,276. DESCRIPTION: ACCRUED EXPENSE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 0. DESCRIPTION: ROYALTIES PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 0. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.