2026-05-14T17:12:09-05:00 2025-06-30 480573184 REGIER CARR & MONROE LLP CPAS 4801 E BROADWAY BLVD SUITE 501 TUCSON AZ 85711 990 2024-07-01 261151754 LIVE THE SOLUTION DBA EARN TO LEARN LIVE 5202607379 6336 N ORACLE ROAD STE 326 106 TUCSON AZ 85704 KATHERINE L HOFFMAN CEO 5202607379 2026-05-14 1 0 SUSAN M VOS CPACFE P01709931 5206248229 2024 2025-03-06 01:10:19Z EARN TO LEARN ARTURO PEREZ 6336 N ORACLE ROAD STE 326 106 TUCSON AZ 85704 2775650 0 X EARNTOLEARN.ORG X 2008 AZ OUR MISSION IS EMPOWERING STUDENTS TO ACHIEVE THEIR GOALS AND BE WORKFORCE READY WITH LITTLE TO NO STUDENT DEBT. WE ACCOMPLISH THIS MISSION THROUGH AN INNOVATIVE, FOUR-PILLAR APPROACH TO FINANCIAL PREPARATION INCLUDING:- MATCHED SAVINGS SCHOLARSHIPS: STUDENT SAVINGS ARE MATCHED 8:1 THROUGH A PUBLIC-PRIVATE FUNDING MODEL PROVIDING UP TO $4,500 IN FUNDING PER ACADEMIC YEAR.- SUCCESS COACHING & ADVISING: ASSIST IN COMPLETING APPLICATIONS FOR ADMISSIONS AND FINANCIAL AID, TROUBLESHOOTING OBSTACLES, AND NAVIGATING UNIVERSITY SERVICES.- FINANCIAL EDUCATION: PERSONAL FINANCE TRAINING INTRODUCES STUDENTS TO BEST PRACTICES IN PERSONAL FINANCE, FINANCIAL LITERACY, AND COMMITTING TO A LIFETIME OF SAVING HELPING REDUCE STUDENT LOAN DEBT AND PREPARE FOR A HEALTHY FINANCIAL LIFE. - WORKFORCE READINESS: STUDENTS DEVELOP THE SKILLS EMPLOYERS SEEK WHEN HIRING, INCLUDING CRITICAL THINKING, PLANNING, LEADERSHIP, AND TEAMWORK. WE ALSO PROVIDE TRAINING SUCH AS RESUME WRITING AND INTERVIEWING. 8 8 82 62 0 0 3475285 2713277 0 0 28792 60810 2142 1563 3506219 2775650 1248172 1778192 0 0 2406108 2807286 0 0 388082 610066 670522 4264346 5256000 -758127 -2480350 4244955 1343214 1313519 892128 2931436 451086 X EARN TO LEARN'S MISSION IS "EMPOWERING STUDENTS TO ACHIEVE THEIR GOALS AND BE WORKFORCE READY WITH LITTLE TO NO STUDENT DEBT". 0 0 4554322 1778192 FIRST ACCOMPLISHMENT OVERVIEW: EARN TO LEARN WAS ESTABLISHED IN 2013 TO FOSTER UPWARD ECONOMIC MOBILITY FOR DIVERSE POPULATIONS. THE MODEL, ANCHORED BY A MATCHED SAVINGS SCHOLARSHIP PROGRAM, MAKES POST-SECONDARY PATHWAYS MORE FINANCIALLY AFFORDABLE FOR STUDENTS WHO MAY NOT OTHERWISE FEEL THEY CAN AFFORD THE COST OF EDUCATION. EARN TO LEARN EMPOWERS STUDENTS AND FAMILIES TO BE FINANCIALLY AND ACADEMICALLY SUCCESSFUL, THEREBY DISRUPTING THE CYCLE OF POVERTY FOR HARDWORKING FAMILIES.OVER THE PAST DECADE, EARN TO LEARN HAS PROVIDED A MATCHED-SAVINGS SCHOLARSHIP THAT INCREASES POSTSECONDARY ENROLLMENT AND ATTAINMENT WHILE ENSURING STUDENTS GRADUATE WORKFORCE-READY WITH LITTLE TO NO DEBT. EARN TO LEARN PROVIDES THESE SCHOLARSHIP OPPORTUNITIES TO PELL-ELIGIBLE STUDENTS OF ALL AGES ENROLLED IN MULTIPLE POST-SECONDARY PATHWAYS WITH PARTNERED HIGHER EDUCATION INSTITUTIONS. THE PROGRAM COMPLEMENTS FORMS OF TRADITIONAL FINANCIAL AID THAT HAVE PROVED INSUFFICIENT TO COVER THE TOTAL COST OF ATTENDANCE. STUDENTS DEPOSIT $500 INTO A SAVINGS ACCOUNT ANNUALLY AND RECEIVE AN 8:1 MATCH FOR $4,500 PER YEAR FOR TUITION, ROOM AND BOARD, CHILDCARE, AND OTHER APPROVED EDUCATIONAL-RELATED EXPENSES. THE SUCCESS COACHING MODEL, WHICH INCLUDES FINANCIAL WELLNESS TRAINING, COLLEGE READINESS, AND WORKFORCE READINESS TRAINING IS INTENDED TO ENHANCE THE MATCHED SAVINGS SCHOLARSHIP OPPORTUNITY.BACKGROUND:ARIZONA IS THE FIRST STATE IN THE COUNTRY TO IMPLEMENT A PROGRAM LIKE EARN TO LEARN TO SUPPORT STUDENTS WITH MATCHED COLLEGE SAVINGS.DURING THE LAST SCHOOL YEAR EARN TO LEARN EXPANDED TO 4 ADDITIONAL STATES INCLUDING: MICHIGAN, NEVADA, UTAH, GEORGIA, COLORADO, VIRGINIA, AND OKLAHOMA. BETWEEN THE 7 STATES EARN TO LEARN SUPPORTS STUDENTS AT 19 DIFFERENT INSTITUTIONS.EARN TO LEARN IS BASED ON A PUBLIC PRIVATE FUNDING MODEL WITH A 50/50 SPLIT WHICH LAUNCHED IN THE 2019/2020 ACADEMIC YEAR. EARN TO LEARN MAY BE CONSIDERED A SUPPLEMENT TO THE FEDERAL PELL GRANT PROGRAM - HELPING STUDENTS TO FURTHER OFFSET EDUCATIONAL RELATED EXPENSES, EFFECTIVELY PICKING UP WHERE PELL IS FALLING SHORT. THE PURCHASING POWER OF FEDERAL PELL GRANTS HAS FALLEN PRECIPITOUSLY OVER THE YEARS.PROGRAM SUCCESS:EARN TO LEARN HAS A PROVEN TRACK RECORD OF SUCCESS, OPERATING FOR OVER A DECADE IN ARIZONA TO PROVIDE STUDENTS WITH MATCHED-SAVINGS SCHOLARSHIPS AND COMPREHENSIVE SUPPORT SERVICES. OUR PROGRAM CONSISTENTLY OUTPERFORMS NATIONAL AVERAGES FOR PELL-ELIGIBLE STUDENTS. FOR INSTANCE, EARN TO LEARN BOASTS A SIX-YEAR GRADUATION RATE OF 80%, COMPARED TO THE NATIONAL AVERAGE OF 62%. ADDITIONALLY, THE FIRST-YEAR RETENTION RATE STANDS AT 90%, WELL ABOVE THE NATIONAL AVERAGE OF 77%. THIS SUCCESS HAS NOT GONE UNNOTICED; IT HAS LED TO THE INTRODUCTION OF THE EARN TO LEARN ACT IN CONGRESS, WHICH, IF PASSED, COULD PROVIDE A LONG-TERM FUNDING SOLUTION FOR THE PROGRAM.SUCCESS METRICS:EARN TO LEARN USES AN ELECTRONIC MANAGEMENT SYSTEM TO TRACK, MONITOR, AND REPORT STUDENT OUTCOMES. THIS CENTRALIZED DATA MANAGEMENT SYSTEM ENABLES US TO MEASURE AND EVALUATE FUNDING SOURCES, MONITOR PARTICIPANT ACTIVITY AND SAVINGS, TRACK SERVICES AND REFERRALS PROVIDED TO PARTICIPANTS, AND IDENTIFY CHARACTERISTICS OF PARTICIPANTS WHO SUCCESSFULLY COMPLETE THE PROGRAM. EARN TO LEARN TRACKS AND MONITORS PARTICIPANT DEMOGRAPHIC DATA, NUMBER OF HOURS OF PERSONAL FINANCE TRAINING, RECRUITMENT AND RETENTION RATES, ACADEMIC PERFORMANCE, ENCOUNTERS WITH PROGRAM STAFF, SERVICES/REFERRALS RECEIVED, AND COMPLIANCE WITH PROGRAM REQUIREMENTS. EARN TO LEARN UTILIZES NATIONAL STUDENT CLEARINGHOUSE DATA TO VERIFY STUDENT ENROLLMENT, RETENTION AND COMPLETION DATA. EARN TO LEARN MEASURES OUR IMPACT THROUGH SEVERAL KEY METRICS, INCLUDING BUT NOT LIMITED TO: TOTAL STUDENT SAVINGS (MATCH 8:1): SINCE INCEPTION, PARTICIPANTS HAVE INVESTED NEARLY $3.8M IN THEIR EDUCATION EARNING OVER $40M IN ADDITIONAL GRANT AID. THIS IS MONEY THAT THE STUDENTS DID NOT BORROW AND DO NOT HAVE TO PAY BACK. HOURS OF PERSONAL FINANCE TRAINING: 58,000 HOURS FOR APPROXIMATELY 7,556 STUDENTS FIRST-YEAR RETENTION RATES: RETENTION RATE FOR EARN TO LEARN STUDENTS IS NEARLY 87%, A KEY INDICATOR OF A STUDENT'S LIKELIHOOD TO GRADUATE. 6-YR GRADUATION RATES: THE SIX-YEAR GRADUATION RATE FOR EARN TO LEARN STUDENTS IS NEARLY 80% COMPARED TO THE NATIONAL PELL COMPLETION RATES OF LESS THAN 40% (DEPARTMENT OF EDUCATION). STUDENT DEMOGRAPHICS: 63% OF EARN TO LEARN STUDENTS ARE FIRST GENERATION COLLEGE STUDENTS; 72% PURSUE STEM MAJORS; 84% ARE MINORITY STUDENTS. NATIONAL INTEREST:EARN TO LEARN HAS SUCCESSFULLY EXPANDED ITS PROGRAM INTO VIRGINIA, MICHIGAN, OKLAHOMA, NEVADA, GEORGIA, UTAH AND COLORADO. THE ORGANIZATION HAS ESTABLISHED OFFICIAL PARTNERSHIPS, FORMALIZED THROUGH SIGNED MOUS, WITH FOUR EDUCATIONAL INSTITUTIONS IN THESE STATES: WESTERN COLORADO UNIVERSITY, WESTERN GOVERNORS UNIVERSITY, FRONT RANGE COMMUNITY COLLEGE FOUNDATION, AND NEVADA STATE UNIVERSITY.LONG-TERM, EARN TO LEARN SUPPORTS THE EARN TO LEARN ACT TO CREATE A FEDERALLY FUNDED PROGRAM HOUSED IN THE U.S. DEPARTMENT OF EDUCATION TO SUPPORT UP TO 250,000 SCHOLARSHIP OPPORTUNITIES NATIONWIDE. A BIPARTISAN COALITION OF SENATE SPONSORS AND CO-SPONSORS INTRODUCED THE EARN TO LEARN ACT, WHICH WILL HELP TACKLE THREE OF THE MOST SIGNIFICANT PROBLEMS CONFRONTING THE COUNTRY: THE STUDENT LOAN DEBT CRISIS, COLLEGE AFFORDABILITY, AND THE LABOR SHORTAGE. THE U.S. HOUSE WILL INTRODUCE MIRROR LEGISLATION, WITH BIPARTISAN SPONSORS INCLUDING REPS. DAVID SCHWEIKERT (R-ARIZ.), SUSIE LEE (D-NEV.), GREG STANTON (D-ARIZ.) AND JUAN CISCOMANI (R-ARIZ.).KEY DEFINITION:EARN TO LEARN'S FIRST-YEAR RETENTION RATE - A KEY FIRST YEAR RETENTION RATE: IS THE PERCENTAGE OF AWARDED SAVERS WHO STARTED AT THE EDUCATIONAL INSTITUTION IN ONE ACADEMIC YEAR AND LIVE THE SOLUTION 26-1151754 RETURNED TO ENROLL IN COURSES AT THE SAME EDUCATIONAL INSTITUTION IN THE NEXT CONSECUTIVE ACADEMIC YEAR. 4554322 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 82 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X X KATHERINE L HOFFMAN 5202607369 6336 NORTH ORACLE RD SUITE 326 106 TUCSON AZ 85704 ELIZABETH PARSONS DIRECTOR 2.00 X 0 0 0 KARLA MORALES DIRECTOR 2.00 X 0 0 0 STEPHANIE COUSER DIRECTOR 2.00 X 0 0 0 SHAREE HURTS DIRECTOR 2.00 X 0 0 0 ARTURO PEREZ CHAIR 2.00 X X 0 0 0 KELLIE TERHUNE NEELY VICE CHAIR 2.00 X X 0 0 0 TERRY NAY TREASURER 2.00 X X 0 0 0 BALU NATARAJAN SECRETARY 2.00 X X 0 0 0 KATHERINE L HOFFMAN CHIEF EXECUTIVE OFFICER 50.00 X 222417 0 14998 222417 0 14998 1 0 1 0 BELAY SOLUTIONS 885 WOODSTOCK ROAD STE 430-365 ROSEWELL GA 300752274 CONTRACTED EMPLOYMENT SERVICE 127088 1 15000 894530 1803747 2713277 60810 60810 0 15000 0 0 MISCELLANEOUS 901101 1563 1563 1563 2775650 1563 0 60810 1778192 1778192 250546 200863 18215 31468 2264720 1815627 164644 284449 126184 105226 7250 13708 165836 138292 9528 18016 4500 1843 2598 59 63525 26022 36673 830 314475 287444 9424 17607 6099 5274 549 276 76686 49568 16682 10436 73681 45803 24598 3280 61750 56596 5154 20417 18379 2038 EMPLOYEE RELATED 30412 7154 15305 7953 PROGRAM SUPPLIES 18039 18039 BAD DEBT 938 938 5256000 4554322 313596 388082 2181862 929061 262894 1800199 414153 4244955 1343214 1313519 892128 1313519 892128 X 88089 -1073384 2843347 1524470 2931436 451086 4244955 1343214 -2480350 0 X 0 1 X 1 1 1 X 2450806 3206265 6157826 3475285 2713277 18003459 2450806 3206265 6157826 3475285 2713277 18003459 4659300 13344159 72 25615 11301 30934 62373 130295 18133754 0.73590 0.74040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2775650 0 2775650 0 2775650 5256000 0 5256000 0 5256000 PART X, LINE 2: EARN TO LEARN IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). HOWEVER, NET INCOME FROM ADVERTISING ACTIVITIES NOT DIRECTLY RELATED TO EARN TO LEARN'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THERE WAS NO INCOME TAX EXPENSE FOR SUCH UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. EARN TO LEARN IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE IRC. EARN TO LEARN'S POLICY IS TO DISCLOSE OR RECOGNIZE INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE, RESPECTIVELY, THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAX POSITIONS. AS OF JUNE 30, 2025, THERE WERE NO UNCERTAIN TAX POSITIONS THAT ARE POTENTIALLY MATERIAL. IN ADDITION, MANAGEMENT IS NOT AWARE OF ANY MATTERS WHICH WOULD CAUSE EARN TO LEARN TO LOSE ITS TAX-EXEMPT STATUS. 1 MATCHING GRANT SCHOLARSHIPS 789 1778192 990 SCH I, LINE 2 THE ORGANIZATION MAINTAINS LISTS OF ELIGIBLE STUDENTS WHICH ARE SHARED WITH ITS EDUCATIONAL PARTNERS. EARN TO LEARN CONFIRMS EILIBIBILITY BASED ON STUDENT SAVINGS ACCOUNT BALANCES AND COMPLETION OF PROGRAM REQUIREMENTS WHILE THE EDUCATIONAL PARTNER CONFIRMS ELIGIBILITY BASED ON ADMISSION AND FINANCIAL AID REQUIREMENTS. A RECONCILIATION IS PERFORMED AFTER GRANTS ARE MADE TO CONFIRM ALL RECEPIENTS WERE ELIGIBILE. X 0 0 X X X X X 0 0 0 0 0 0 0 0 0 KATHERINE L HOFFMAN CHIEF EXECUTIVE OFFICER 194577 0 27840 0 0 0 0 0 14998 0 237415 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY RECEIVES A COMPLETED 990 FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EVERY BOARD MEMBER IS ASKED TO SIGN A CONFLICT OF INTEREST POLICY STATEMENT AS WELL AS COMPLETE A FORM WHICH DISCLOSES CERTAIN PERSONAL AND BUSINESS RELATIONSHIPS. PERIODICALLY, BOARD MEMBERS ARE ALSO VERBALLY REMINDED TO DISCLOSE ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR TOP OFFICIALS, INCLUDING THE CHIEF EXECUTIVE OFFICER, IS APPROVED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS COMPARES COMPENSATION TO COMPARABLE POSITIONS IN THE AREA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.