Learning In Retirement In The Desert Corporation
- Assets
- $163.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Desert, CA
- Founding
- 04/2008
- EIN
- 02-0791028
Organization Overview
Learning In Retirement In The Desert Corporation is located in Palm Desert, CA. The organization was established in 2008. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learning In Retirement In The Desert Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending undefined, Learning In Retirement In The Desert Corporation generated $38.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $16.4k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
SINCE OUR START 20 YEARS AGO, WITH TWO CLASSES, WE HAVE GROWN TO MORE THAN TWENTY-SIX CLASSES IN OUR LAST SPRING SESSION THAT WERE ATTENDED BY NEARLY 200 STUDENTS. BY PROVIDING THE IMPORTANT SERVICE OF CLASSES TO SENIORS IN OUR AREA, WE MAKE A MAJOR CONTRIBUTION TO THE GREATER COACHELLA VALLEY COMMUNITY. WHEN THE PANDEMIC STRUCK THE CLASSES WERE MOVED TO ONLINE. CLASSES WILL MOVE BACK TO THE CLASSROOMS OR CONTINUE ONLINE POST-COVID. OVER THE YEARS, WE HAVE DEVELOPED A MUTUALLY-BENEFICIAL RELATIONSHIP WITH THE COLLEGE OF THE DESERT THAT WILL SERVE US WELL IN THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald Blatt President | 10 | $0 | |
John Considine Vice President | 3 | $0 | |
John Curran Director | 5 | $0 | |
Marc Rosen Director | 10 | $0 | |
Joyce Whitacre Director | 3 | $0 | |
Fran Cuilla Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,625 |
| Total Program Service Revenue | $34,685 |
| Membership dues | $0 |
| Investment income | $85 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,395 |
| Statement of Expenses | |
|---|---|
| Total expenses | $16,378 |
| Balance Sheet | |
|---|---|
| Total assets | $163,743 |
| Total liabilities | $0 |
| Net assets or fund balances | $163,743 |