Huntsville Inner City Learningcenter Inc
- Assets
- $3.9m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 20
- Location
- Huntsville, AL
- Founding
- 07/2007
- Data as of
- 12/2023
- EIN
- 20-5583934
Organization Overview
Huntsville Inner City Learningcenter Inc, operating under the name Huntsville Learning Center, is located in Huntsville, AL. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Huntsville Learning Center employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huntsville Learning Center 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 12/2023, Huntsville Learning Center generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $930.1k during the year ending 12/2023. While expenses have increased by 14.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HUNTSVILLE INNER CITY LEARNING CENTER IS COMMITTED TO PROVIDING AT-RISK CHILDREN IN THE HUNTSVILLE AREA WITH THE EXTRACURRICULAR SUPPORT THEY NEED TO SUCCEED IN SCHOOL, BUILD MEANINGFUL LIVES & CAREERS FOR THEMSELVES, & BECOME SOCIALLY RESPONSIBLE MEMBERS OF SOCIETY WHO ARE PRODUCTIVE & COMPETENT LIFELONG LEARNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
SEE SCHEDULE O
THE CENTERS GIVE IT BACK TRACK 5K AND 1-MILE FUN RUN WAS HELD THE FIRST WEEKEND OF MAY WITH MORE THAN 50 RUNNERS FROM THE COMMUNITY JOINING ABOUT 45 OF OUR STUDENTS IN THE TWO RACES. OUR STUDENTS TRAINED ALL YEAR DURING TWICE-A-WEEK PHYSICAL FITNESS CLASSES FOR THE RACES. A PORTION OF THE REGISTRATION PROCEEDS WAS DONATED TO ANOTHER NON-PROFIT THAT WAS SELECTED BY THE STUDENTS. THIS YEARS RECIPIENT WAS SLEEP IN HEAVENLY PEACE, AN ORGANIZATION THAT BUILDS AND DELIVERS BEDS TO CHILDREN WHO DONT HAVE BEDS TO SLEEP IN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Bakken Chair | OfficerTrustee | 5 | $0 |
Janice Johnson Treasurer | OfficerTrustee | 5 | $0 |
Todd White Director | Trustee | 2 | $0 |
Ann Laue Director | Trustee | 2 | $0 |
Steve Clark Director | Trustee | 2 | $0 |
Phyllene Washington Vice Chair/vice President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $901,040 |
| Noncash contributions included in lines 1a–1f | $1,320 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $901,040 |
| Total Program Service Revenue | $0 |
| Investment income | $17,610 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $257,702 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,176,352 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,000 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,389 |
| Compensation of current officers, directors, key employees. | $26,347 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $241,148 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $26,728 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,930 |
| Advertising and promotion | $250 |
| Office expenses | $6,702 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,950 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,963 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,114 |
| Insurance | $21,211 |
| All other expenses | $372,328 |
| Total functional expenses | $930,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $442,449 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,450,256 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,550 |
| Total assets | $3,894,255 |
| Accounts payable and accrued expenses | $12,115 |
| Grants payable | $0 |
| Deferred revenue | $45,592 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $73,253 |
| Other liabilities | $0 |
| Total liabilities | $130,960 |
| Net assets without donor restrictions | $163,432 |
| Net assets with donor restrictions | $3,599,863 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,894,255 |