SeeBITDAOklahoma

Funds for Learning, LLC

Educational Support Services
  • 2575 KELLEY POINTE PKWY, Edmond, OK
  • Since 1997
Federal contractor
Estimated valueLow confidence
$6.6M
$3.5Mlikely range$9.1M
About 4.7× its yearly profit, typical for a company this size in its industry.
Revenue
$9.3M
a year
Profit (EBITDA)
$1.4M
15% of revenue
Employees
25
reported in 2020
John Harrington
CEO · source
Some signs of a sale

How we got $6.6M

Based on its 25 employees and its payroll, both reported for PPP in 2020 and brought up to date.

25 employees × $206K each$5.2M
PPP payroll ÷ payroll's usual share of revenue$12.9M
Shown toward the top of its range×1.14
Revenue$9.3M
× 15% profit margin$1.4M
× 4.7 sale multiple = value$6.6M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named
Federal contracts

Signs of a sale Some signs of a sale

  • In business 29 years (since 1997)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Funds For Learning is a consulting firm that helps schools and libraries apply for and keep E-rate funding, handling applications, deadlines, and records. It sells no eligible services and holds no SPIN.

Products & services
E-rate consultingCybersecurity PilotE-rate ManagerAudits and appealsApplication preparation and filingDeadline tracking across the funding yearPIA responses, appeals, and audit support
Markets served
Schools and districtsLibraries and library systems
Certifications
Standard of Conduct

From the company's website. Industry: Educational Support Services.

Estimated value over time

▲ 26% since 2020
$0$3.8M$7.6M2020202120222023202420252026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▲ 0% since 2020
025502020202120222023202420252525
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan25$4.1M$621K
2020Form 550019$3.1M$472K
2021Form 550021$3.4M$522K
2022Form 550025$4.1M$621K
2023Form 550022$3.6M$546K
2024Form 550025$4.1M$621K
2025Form 550025$4.1M$621K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
FUNDS FOR LEARNING, LLC
this business
$9.3M$1.4M—
ANSELM CENTER FOR CONSULTATION AND EVALUATION LLC
Edmond · 3 employees
$918K$191K1.7 mi
MELISSA KRAUSE LPC PLLC
Edmond · 1 employees
$369K$90K1.7 mi
TRAVIS A. LITTLE
Edmond · 1 employees
$364K$89K5.0 mi
SPARTAN FX INVESTING LLC
Oklahoma City · 1 employees
$224K$55K5.2 mi
DATATRAK INC DBA MATHNASIUM OF NORTH OKC/MATHNASIUM OF SOUTH
Oklahoma City · 31 employees
$7.6M$1.3M5.7 mi
6-C LLC
Edmond · 1 employees
$250K$61K5.7 mi

The full calculation

Employees reported to the SBA25
Revenue from headcount (employees × revenue per employee for companies this size)$5.2M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$12.9M
Estimate: the two combined (geometric mean)$9.3M
EBITDA margin (industry, adjusted for size)15%
EBITDA = revenue × margin$1.4M

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$6.6M
Multiple for this size and industry4.7×
Value range$3.5M – $9.1M
Revenue range$6.1M – $10.6M
EBITDA range$927K – $1.6M
Industry (NAICS)Educational Support Services (611710)

Low confidence: the employee-based and payroll-based estimates differ by more than 2×.

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Founded 1997
“We opened in 1997 as the nation’s first dedicated E-rate compliance services firm, and helping schools and libraries with E-rate is still our work.”

Leadership

  • CC
    Cathy Cruzan
    President · Company website · source
  • MR
    Micah Rigdon
    Director, Client Services · Company website · source
  • VJ
    Verlyne Jolley
    Director, Client Services · Company website · source
  • DS
    Dirk Schroeder
    Client Services Manager · Company website · source
  • EJ
    Eric Jester
    Director, Client Services · Company website · source
  • JW
    Jonathan Wilson
    Project Manager, E-rate Manager · Company website · source
  • DM
    David Mead
    Client Services Manager · Company website · source
  • RF
    Rosalind Froehle
    Business and Finance Manager · Company website · source
  • CB
    Cathy Benham
    Product Manager · Company website · source

Advisors

  • BankingNBC OklahomaPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

NBC Oklahoma
PPP 2020
All 526 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/5/2020first$540K$546K25NBC Oklahoma

Public records

Federal contracts
Small business
Total, recent years$99K
FY2026$50K
FY2025$50K

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Funds for Learning, LLC

Funds for Learning, LLC is an educational support services company in Edmond, Oklahoma, in business since 1997. It is owned by John Harrington (CEO). Its estimated annual revenue is about $9.3M, with roughly $1.4M of EBITDA. It has about 25 employees. Its estimated business value is $6.6M (likely range $3.5M–$9.1M).

Common questions

Who owns Funds for Learning, LLC?
Funds for Learning, LLC is owned by John Harrington (CEO), according to public sources such as the company's website or filings.
How much revenue does Funds for Learning, LLC make?
SeeBITDA estimates Funds for Learning, LLC's annual revenue at about $9.3M (likely between $6.1M and $10.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Funds for Learning, LLC worth?
About $6.6M, roughly 4.7× its estimated EBITDA of $1.4M, typical for a educational support services company its size. Likely range: $3.5M–$9.1M.
How many employees does Funds for Learning, LLC have?
About 25, from its 2025 retirement-plan filing.
When was Funds for Learning, LLC founded?
Funds for Learning, LLC has been in business since 1997.