Learn More Center Inc
- Assets
- $175.5k
- Revenue
- $429.4k
- Investments
- $0.0
- Employees
- 12
- Location
- North Manchester, IN
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 26-4153548
Organization Overview
Learn More Center Inc is located in North Manchester, IN. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Learn More Center Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learn More 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 12/2021, Learn More Center Inc generated $429.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $326.5k during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE LEARN MORE CENTER INC.'S MISSION IS TO PROVIDE EDUCATIONAL SERVICES AND A LEARNING COMMUNITY TO MEET THE INSTRUCTIONAL NEEDS OF ADULT LEARNERS RELATED TO WORKFORCE READINESS, ADULT BASIC EDUCATION AND LITERACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT BASIC EDUCATION CENTER DEDICATED TO THE NEEDS OF ADULT LEARNERS IN WABASH COUNTY AND SURROUNDING COMMUNITIES. PROGRAM AREAS INCLUDE BASIC LITERACY INSTRUCTION, HIGH SCHOOL EQUIVALENCY DIPLOMA INSTRUCTION, HIGH SCHOOL EQUIVALENCY EXAM TESTING, WORKFORCE READINESS SKILLS ENHANCEMENT, AND TRANSITION INTO POST-SECONDARY EDUCATION AND TRAINING. IN 2021, LEARN MORE CENTER CONTINUED OUR MISSION OF ASSISTING ADULTS WITH HIGH SCHOOL EQUIVALENCY DIPLOMA ATTAINMENT; WE CONTINUED TO ADVANCE BASIC LITERACY SKILLS IN READING, MATHEMATICS, WRITING, AND DIGITAL LITERACY. WHILE WE SAW LOWER NUMBERS IN OUR PROGRAM THAN THE LAST FEW PREVIOUS YEARS, THOSE STUDENTS THAT ENROLLED SAW SUCCESS IN SPITE OF THE MULTIPLE BARRIERS THAT MANY OF THEM FACED. TRANSPORTATION BARRIERS, LACK OF CHILDCARE, SIGNIFICANT LEARNING DIFFERENCES, AND FAMILY CHALLENGES ALL HAD TO BE ADDRESSED TO ATTAIN SUCCESS. WE HAD 30 STUDENTS ATTAIN THEIR HIGH SCHOOL EQUIVALENCY DIPLOMAS. WE HAD 60 STUDENTS ADVANCE THEIR SKILLS AT LEAST ONE MEASURABLE LEVEL. WE HAD AT LEAST 30 STUDENTS GAIN A CERTIFICATION, TRANSITION INTO COLLEGE, AND/OR SECURE A NEW JOB. OUR STUDENTS ARE EXPERIENCING MORE THAN ONE GAIN AND ARE MOVING INTO BETTER FUTURES. OUR FOCUS FOR THE FUTURE WILL BE TO CONTINUE OUR HIGH QUALITY EDUCATIONAL PROGRAM AND WORK TO INCREASE STUDENT RECRUITMENT. IN WABASH COUNTY AND SURROUNDING AREAS, THERE ARE OVER 2,000 WORKING AGE ADULTS THAT DO NOT YET HAVE THEIR HIGH SCHOOL DIPLOMA OR EQUIVALENCY. WHEN WE ADD THE NUMBERS OF THOSE WHO GRADUATED, BUT DO NOT HAVE THE SKILLS NECESSARY TO SUCCESSFULLY COMPLETE POST-SECONDARY TRAINING AND/OR COLLEGE DEGREES, WE SEE OUR ESTIMATE DOUBLE. OUR COUNTY'S STRATEGIC PLAN INCLUDES THE NEED FOR A SKILLED WORKFORCE AND LEARN MORE CENTER IS AN INTEGRAL AND EFFECTIVE PART OF MEETING OUR AREA'S WORKFORCE AND EDUCATIONAL NEEDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Johnson Director Of Education | OfficerTrustee | 40 | $56,400 |
Jerry Perkins Vice President End 10/2021 | OfficerTrustee | 2 | $0 |
Jennifer Simmers Treasurer | OfficerTrustee | 2 | $0 |
Tenille Zartman President | OfficerTrustee | 2 | $0 |
Julie Garber Secretary | OfficerTrustee | 2 | $0 |
Ryan Baker Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $185,393 |
| All other contributions, gifts, grants, and similar amounts not included above | $241,061 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $426,454 |
| Total Program Service Revenue | $2,967 |
| Investment income | $28 |
| 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 | $429,449 |
| 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. | $55,733 |
| Compensation of current officers, directors, key employees. | $6,487 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $161,777 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,409 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $340 |
| Office expenses | $15,094 |
| Information technology | $12,613 |
| Royalties | $0 |
| Occupancy | $20,250 |
| Travel | $181 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,821 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,959 |
| All other expenses | $0 |
| Total functional expenses | $326,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,127 |
| Savings and temporary cash investments | $172,393 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $175,520 |
| Accounts payable and accrued expenses | $4,565 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $4,565 |
| Net assets without donor restrictions | $115,193 |
| Net assets with donor restrictions | $55,762 |
| 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 | $175,520 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Learn More Center Inc has recieved totaling $107,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $75,000 |
Community Foundation Of Wabash County Inc North Manchester, IN PURPOSE: STRATEGIC INITIATIVE | $32,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Members Credit Union Indianapolis, IN | $2,918,005,380 | $115,174,004 |
Goodwill Industries Of North Central Wisc Inc Menasha, WI | $88,771,633 | $81,283,932 |
Childrens Home & Aid Society Of Illinois Chicago, IL | $55,063,389 | $78,192,284 |
Lutheran Social Services Of Illinois Des Plaines, IL | $62,918,656 | $74,591,812 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Community Advocates Inc Milwaukee, WI | $18,692,383 | $54,333,478 |
Lutheran Social Services Of Wisconsin And Upper Michigan West Allis, WI | $89,212,422 | $59,977,625 |
Ada S Mckinley Community Services Inc Chicago, IL | $17,309,260 | $43,710,701 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
Christian Social Service Of Illinois Belleville, IL | $18,359,176 | $39,517,456 |
Lifeline Youth & Family Services Inc Fort Wayne, IN | $15,628,659 | $38,083,955 |
Chicago Commons Association Chicago, IL | $18,778,773 | $34,368,248 |