Nashua Adult Learning Center Inc
- Assets
- $5.0m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 161
- Location
- Nashua, NH
- Founding
- 04/1973
- Data as of
- 06/2022
- EIN
- 23-7204973
Organization Overview
Nashua Adult Learning Center Inc is located in Nashua, NH. The organization was established in 1973. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2022, Nashua Adult Learning Center Inc employed 161 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashua Adult Learning Center Inc 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, Nashua Adult Learning Center Inc generated $5.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $4.6m during the year ending 06/2022. 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
TO PROVIDE ACADEMIC SKILLS, JOB TRAINING AND SUPPORT SERVICES FOR ADULTS AND YOUNG ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR SCHOOL AGE ADVENTURES PROGRAM PROVIDES BEFORE AND AFTER SCHOOL CARE TO ELEMENTARY SCHOOLS IN NASHUA, MERRIMACK, LITCHFIELD, MONT VERNON, WILTON, AND HOLLIS. WE PROMOTE THE HEALTHY SOCIAL AND ACADEMIC DEVELOPMENT OF CHILDREN; AND HELP FAMILES BY ALLOWING PARENTS TO WORK KNOWING THEIR CHILDREN ARE SAFE AND HAPPY. OUR STEM TRAVELING ENRICHMENT PROGRAM BRINGS INTERACTIVE WORKSHOPS TO CHILDREN, DESIGNED TO ENCOURAGE PROBLEM-SOLVING SKILLS USING CRITICAL THINKING AND TEAM WORK.
THE ORGANIZATION OFFERS PROGRAM SERVICES DIRECTED TO MEET THE NEEDS OF ADULTS IN LEARNING ENGLISH, EARNING THEIR HISET DEGREE (FORMERLY THE GED OR HIGH SCHOOL EQUIVALENCY CERTIFICATE) AND COMPUTER SKILL CLASSES. WE SERVED 1,261 STUDENTS IN FISCAL YEAR 2022.
CLEARWAY HIGH SCHOOL WAS ESTABLISHED BY THE ADULT LEARNING CENTER IN 1977 AS AN ALTERNANTIVE HIGH SCHOOL PROGRAM FOR TEENAGERS WHO NEED A SPECIALIZED SETTING TO SUCCESSFULLY EARN A HIGH SCHOOL DIPLOMA OR EQUIVALENCY DIPLOMA. CLEARWAY IS APPROVED BY THE NEW HAMPSHIRE DEPARTMENT OF EDUCATION FOR THE EDUCATION OF BOTH IDENTIFIED AND NON-IDENTIFIED STUDENTS. CLEARWAY'S MISSION IS TO EDUCATE TEENAGERS SO THAT THEY LEARN TO FUNCTION EFFECTIVELY AS ADULTS. WE DO THIS BY HELPING THEM IMPROVE THEIR ACADEMIC AND WORK SKILLS, THEIR DECISION-MAKING SKILLS, AND DAILY LIFE SKILLS. CLEARWAY'S CAPACITY IS APPROXIMATELY SEVENTY STUDENTS, INCLUDING EIGHTEEN WHO RECEIVE SPECIAL EDUCATION SERVICES.
OUR ADDITIONAL PROGRAM SERVICES INCLUDE OUR EARLY ADVENTURES CHILDCARE PROGRAM WHICH PROVIDES HIGH QUALITY CARE TO CHILDREN FROM SIX WEEKS TO PRE-KINDERGARTEN. WE ARE ACCREDITED BY THE HIGHEST CREDENTIAL AWARDED TO CHILD CARE CENTERS. WE FOCUS ON DEVELOPMENT OF LITERACY, CREATIVITY, SOCIAL AND PHYSICAL SKILLS THROUGH RESEARCH-BASED CURRICULUM. WE OFFER THE FAMILY CONNECTION PROGRAM TO ALL OF OUR PARENTS, WHICH IS A MONTHLY DINNER AND FAMILY SUPPORT GROUP FACILITATED BY A CLINICAL CHILD PSYCHOLOGIST AND PARENTING EXPERT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Baldwin Executive Director | Officer | 40 | $110,927 |
Lisa Shadroui CPA Director Of Finance | Officer | 40 | $73,127 |
Sharon Cowen Ms Med President | OfficerTrustee | 1 | $0 |
Heather Booth CPA Treasurer | OfficerTrustee | 1 | $0 |
Chad Theroux Past President | OfficerTrustee | 1 | $0 |
Barry Garside Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,275,885 |
| All other contributions, gifts, grants, and similar amounts not included above | $153,512 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,429,397 |
| Total Program Service Revenue | $2,049,007 |
| Investment income | $77,940 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $45,151 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,676,963 |
| 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. | $184,054 |
| Compensation of current officers, directors, key employees. | $85,518 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,770,772 |
| Pension plan accruals and contributions | $53,233 |
| Other employee benefits | $203,759 |
| Payroll taxes | $219,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,493 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,332 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $440,443 |
| Travel | $9,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,446 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,211 |
| Insurance | $31,034 |
| All other expenses | $231,743 |
| Total functional expenses | $4,616,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $400 |
| Savings and temporary cash investments | $2,007,679 |
| Pledges and grants receivable | $164,318 |
| Accounts receivable, net | $185,879 |
| 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 | $27,882 |
| Net Land, buildings, and equipment | $1,286,367 |
| Investments—publicly traded securities | $1,080,882 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $249,443 |
| Total assets | $5,002,850 |
| Accounts payable and accrued expenses | $273,903 |
| Grants payable | $0 |
| Deferred revenue | $52,242 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $326,145 |
| Net assets without donor restrictions | $4,432,194 |
| Net assets with donor restrictions | $244,511 |
| 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 | $5,002,850 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Nashua Adult Learning Center Inc has recieved totaling $70,942.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater Nashua Inc Nashua, NH PURPOSE: PROGRAM SERVICES AND DONOR DESIGNATIONS | $33,433 |
New Hampshire Charitable Foundation Concord, NH PURPOSE: For operating support, Kreick Scholarship Fund, security system | $24,638 |
Barker Foundation Inc Nashua, NH PURPOSE: GENERAL PURPOSE | $7,142 |
Parker-Nelson Foundation Johnston, RI PURPOSE: UNRESTRICTED GIFT | $3,479 |
Bobs Discount Furniture Charitable Foundation Inc Oakdale, CT PURPOSE: FOR EXEMPT PURPOSE | $1,000 |
We Share A Common Thread Foundation Inc Lowell, MA PURPOSE: EXEMPT PURPOSES | $500 |
Endowment Analysis
| Beg. Balance | $281,154 |
| Earnings | -$31,711 |
| Ending Balance | $249,443 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bellwether Education Partners Inc Sudbury, MA | $12,819,060 | $18,147,451 |
Vhs Inc Maynard, MA | $2,159,485 | $7,029,751 |
More Than Words Inc Boston, MA | $15,091,779 | $6,459,719 |
Nashua Adult Learning Center Inc Nashua, NH | $5,002,850 | $5,676,963 |
Vermont Adult Learning Inc Waitsfield, VT | $1,289,780 | $4,391,996 |
Foundation For Civic Leadership Inc Cambridge, MA | $2,419,879 | $3,718,020 |
Northeast Kingdom Learning Services Newport, VT | $697,664 | $2,624,718 |
Eastern Millwright Regional Council Apprenticeship & Training Fund Framingham, MA | $8,198,256 | $2,598,641 |
Southeastern Massachusetts Ser-Jobs For Progress Inc Fall River, MA | $976,887 | $2,626,536 |
Massachusetts Biotechnology Education Foundation Inc Cambridge, MA | $2,372,031 | $2,337,731 |
Pbs Learning Institute Inc Braintree, MA | $1,893,398 | $2,161,588 |
Cambridge Center For Adult Education Inc Cambridge, MA | $2,957,384 | $1,801,441 |