LIFELONG LEARNING ADMINISTRATION CORPORATION Charity Report

Public IRS 990 nonprofit record

LIFELONG LEARNING ADMINISTRATION CORPORATION

EIN 47-5307489 · Charter Schools (B29)

What they do

LLACS MISSION is to ASSIST IN THE FULFILMENT of THE PURPOSE OF, EACH of ITS SUPPORTED ORGANIZATIONS, and WITHIN SUCH PURPOSES to SOLVE THE DROPOUT EPIDEMIC ACROSS THE NATION, ONE COMMUNITY AT A TIME. LLAC HELPS SUPPORTED ORGANIZATIONS ELIMINATE THE OBSTACLES THAT GET IN THE WAY of STUDENT SUCCESS. LLAC WILL CONTINUE to BE A STRONG, POSITIVE FORCE, PIONEERING THE WAY EDUCATION is DELIVERED to STUDENTS WHO NEED IT THE MOST. LLAC STRIVES to HELP INCREASE THE OPERATIONAL and ECONOMIC EFFICIENCIES of OUR SUPPORTED ORGANIZATIONS THROUGH CONTRACTED SERVICES, INCLUDING, BUT NOT LIMITED TO: PROVIDING GENERAL OPERATIONAL ASSISTANCE, FILES and RECORDS ADMINISTRATION, PUBLIC RELATIONS OVERSIGHT, FINANCIAL SERVICES INCLUDING ACCOUNTING, BOOKKEEPING, PAYROLL, and PROCUREMENT FUNCTIONS, STRATEGIC PLANNING and ASSISTANCE IN IMPLEMENTATION, RECOMMENDING POLICIES, RULES, REGULATIONS and PROCEDURES, CORPORATE GOVERNANCE ADMINISTRATION, HUMAN CAPITAL ASSISTANCE E.G. ASSISTING IN EMPLOYING PRINCIPALS, ADM

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

82.05%of revenue went to mission work84.3% of expenses · Program services

$97.33spent for every $100 of revenueRevenue covered expenses this year.

15.29%of revenue went to management and office costs15.7% of expenses

$0.86in assets for every $1 spent this yearSome assets cannot be spent right away.

0.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $504,076 for PETER FARAGIA (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$75,470,892

Mission workProgram services$61,920,41882.05% of revenue84.3% of expenses

ManagementOffice and general costs$11,537,45815.29% of revenue15.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$2,013,0162.67% of revenueShown in gray on the chart

Total expenses$73,457,87697.33% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.3% mission · 15.7% management · 0.0% fundraisingTotal expenses: 97.33% of revenue

2023Expense mix: 87.3% mission · 12.7% management · 0.0% fundraisingTotal expenses: 92.11% of revenue

2022Expense mix: 84.4% mission · 15.6% management · 0.0% fundraisingTotal expenses: 90.69% of revenue

2021Expense mix: 85.2% mission · 14.8% management · 0.0% fundraisingTotal expenses: 96.78% of revenue

2020Expense mix: 90.3% mission · 9.7% management · 0.0% fundraisingTotal expenses: 90.59% of revenue

2019Expense mix: 83.9% mission · 16.1% management · 0.0% fundraisingTotal expenses: 95.47% of revenue

2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 98.01% of revenue

2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 82.86% of revenue

Money in and money out

Revenue$75,470,892

Expenses$73,457,876

Annual surplus $2,013,016 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$61,920,418 · 84.3% of expenses

Management and office costs$11,537,458 · 15.7% of expenses

See all reported dollar amounts

Revenue$75,470,892

Expenses$73,457,876

Assets$63,395,531

Income$75,641,542

Contributions$271,707

Mission work (program services)$61,920,418

Management and general$11,537,458

Accounting fees$442,456

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PETER FARAGIACEO · 40 hrs/week $504,076Base $454,733 · Other $49,343

SKIP HANSENPRESIDENT · 40 hrs/week $479,400Base $397,989 · Other $81,411

CHAD GRAYCOO · 40 hrs/week $468,126Base $379,215 · Other $88,911

GUITA SHARIFICFO · 40 hrs/week $422,239Base $359,704 · Other $62,535

CHRISTOPHER HODGECHIEF ACADEMIC & PRODUCTION OFFICER · 40 hrs/week $389,957Base $301,046 · Other $88,911

ROBERT MORALESCHIEF EXTERNAL AFFAIRS OFFICER · 40 hrs/week $373,272Base $329,606 · Other $43,666

NICOLE PERKINSCHIEF HR OFFICER · 40 hrs/week $346,031Base $290,055 · Other $55,976

CLAUDIO WOHLSENIOR VP FINANCE · 40 hrs/week $336,004Base $266,592 · Other $69,412

DANTE M SIMISR VP FACILITIES · 40 hrs/week $334,534Base $272,560 · Other $61,974

PATRICK D HILLVP OPPORTUNITY · 40 hrs/week $328,537Base $259,063 · Other $69,474

MICHELLE LOPEZVP LEGAL COUNSEL · 40 hrs/week $315,955Base $265,296 · Other $50,659

VALERIE CHASESR VP BUSINESS · 40 hrs/week $313,350Base $255,691 · Other $57,659

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

PETER FARAGIACEO

SKIP HANSENPRESIDENT

CHAD GRAYCOO

GUITA SHARIFICFO

CHRISTOPHER HODGECHIEF ACADEMIC & PRODUCTION OFFICER

ROBERT MORALESCHIEF EXTERNAL AFFAIRS OFFICER

NICOLE PERKINSCHIEF HR OFFICER

CLAUDIO WOHLSENIOR VP FINANCE

DANTE M SIMISR VP FACILITIES

PATRICK D HILLVP OPPORTUNITY

MICHELLE LOPEZVP LEGAL COUNSEL

VALERIE CHASESR VP BUSINESS

ETHAN JOHNSONDIRECTOR

RAWLEIGH SMITHDIRECTOR

DAVID MAHAFFYPRESIDENT

About this charity

Recognized since: January 2017
Location: 177 HOLSTON DR, LANCASTER, CA 93535
County: Los Angeles
In care of: GUITA SHARIFFI
Primary officer: GUITA SHARIFFI, CFO

How to reach them

WebsiteVisit the charity’s website Phone(661) 272-1225

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: WILKINSON HADLEY KING & CO LLP
NTEE classification: Charter Schools (B29)
IRS tax category: Charter Schools