Learning Skills Academy is located in Rye, NH. The organization was established in 1985. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Learning Skills Academy employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learning Skills Academy 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 06/2022, Learning Skills Academy generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $3.7m during the year ending 06/2022. While expenses have increased by 5.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION FOR CHILDREN GRADES 3 THROUGH 12 WHO HAVE SPEECH AND LANGUAGE DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL FOR CHILDREN WITH SPEECH AND LANGUAGE DISABILITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karen Staines Executive Director | OfficerTrustee | 40 | $120,239 |
Carolyn Beaulieu Treasurer | OfficerTrustee | 1 | $0 |
Rosemary Zurawel Vice President / Secretary | OfficerTrustee | 1 | $0 |
Colleen Meader President | OfficerTrustee | 1 | $0 |
Gary Rohr Board Member | Trustee | 1 | $0 |
James C Baker Board Member | Trustee | 1 | $0 |
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 | $19,420 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $19,420 |
Total Program Service Revenue | $3,716,646 |
Investment income | $793 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,737,999 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $134,097 |
Compensation of current officers, directors, key employees. | $134,097 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,555,989 |
Pension plan accruals and contributions | $71,235 |
Other employee benefits | $284,548 |
Payroll taxes | $206,359 |
Fees for services: Management | $0 |
Fees for services: Legal | $14,764 |
Fees for services: Accounting | $9,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $12,666 |
Advertising and promotion | $2,805 |
Office expenses | $16,997 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $136,525 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,678 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $36,412 |
Insurance | $38,335 |
All other expenses | $29,989 |
Total functional expenses | $3,747,661 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,724,484 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $103,471 |
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 | $8,223 |
Net Land, buildings, and equipment | $746,901 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,583,079 |
Accounts payable and accrued expenses | $335,043 |
Grants payable | $0 |
Deferred revenue | $9,000 |
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 | $66,932 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $53 |
Total liabilities | $411,028 |
Net assets without donor restrictions | $2,138,633 |
Net assets with donor restrictions | $33,418 |
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 | $2,583,079 |
Over the last fiscal year, we have identified 1 grants that Learning Skills Academy has recieved totaling $181.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $181 |
Organization Name | Assets | Revenue |
---|---|---|
Pike School Inc Andover, MA | $31,746,911 | $18,230,890 |
North Atlantic States Carpenters Labor Management Program Boston, MA | $29,841,142 | $12,688,057 |
German International School Boston Inc Allston, MA | $14,706,954 | $10,594,981 |
Whitinsville Christian School Whitinsville, MA | $27,818,325 | $8,582,823 |
Population Media Center Inc South Burlington, VT | $17,476,959 | $10,610,118 |
Up Education Network Inc Dorchester, MA | $3,246,935 | $4,839,856 |
Be The Change Inc Brookline, MA | $1,007,559 | $5,361,183 |
Barrington Stage Co Inc Pittsfield, MA | $11,360,632 | $6,989,508 |
Bpe Inc Roxbury, MA | $4,070,890 | $4,376,888 |
Education Pioneers Inc Boston, MA | $3,852,911 | $7,241,689 |
Clark School For Creative Learning Inc Rowley, MA | $470,330 | $3,157,918 |
Nantucket Partnership For Children Inc Nantucket, MA | $10,096,457 | $5,066,447 |