The Learning Alliance Inc

Organization Overview

The Learning Alliance Inc is located in Vero Beach, FL. The organization was established in 2010. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 06/2022, Learning Alliance Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learning Alliance 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, Learning Alliance Inc generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $3.5m during the year ending 06/2022. While expenses have increased by 10.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO DRAMATICALLY IMPROVE STUDENT LITERACY BY PROVIDING FRONT LINE EDUCATORS WITH THE KNOWLEDGE, SKILLS, AND TOOLS TO EFFECTIVELY TEACH ALL CHILDREN TO READ.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TOTAL STUDENTS AND TEACHERS SERVED APPROXIMATELY 5,115. THE LEARNING ALLIANCE CONNECTS, SUPPORTS, AND CELEBRATES ALL THOSE WHO JOIN THE JOURNEY TO SUPPORT INDIAN RIVER COUNTY'S MOONSHOT MOMENT GOAL: 90% OF ALL THIRD GRADERS READING ON GRADE LEVEL.


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Board, Officers & Key Employees

Name (title)Compensation
Barbara R Hammond
Chief Executive Officer
$139,183
Elizabeth Woody Remington
Secretary
$98,600
Raymond J Oglethorpe
Chairman
$0
David F Dyer
Vice Chairman
$0
Andrew Sowers
Treasurer
$0
Dr Frances J Adams
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$148,750
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $470,242
All other contributions, gifts, grants, and similar amounts not included above$4,008,256
Noncash contributions included in lines 1a–1f $247,311
Total Revenue from Contributions, Gifts, Grants & Similar$4,627,248
Total Program Service Revenue$9,707
Investment income $70,309
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,656
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,708,738

Grants Awarded

Over the last fiscal year, The Learning Alliance Inc has awarded $118,902 in support to 2 organizations.

Grant RecipientAmount

KINDERGARTEN READINESS COLLABORATIVE OF INDIAN RIVER COUNTY

Org PageRecipient Profile

Vero Beach, FL

PURPOSE: TO SUPPORT THE IMPORTANT WORK OF THE KINDERGARTEN READINESS COLLABORATIVE, WHO HAS A SIMILAR MISSION AS THE LEARNING ALLIANCE.

$75,000

SCHOOL DISTRICT OF INDIAN RIVER COUNTY

PURPOSE: PROVIDE FUNDS FOR CLASSROOM AND SCHOOL PROJECTS NOT NORMALLY FUNDED BY THE SCHOOL DISTRICT.

$43,902
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that The Learning Alliance Inc has recieved totaling $13,600.

Awarding OrganizationAmount
James F Bell Foundation

Minneapolis, MN

PURPOSE: GENERAL OPERATIONS

$10,000
Kahle Foundation Inc

Vero Beach, FL

PURPOSE: FURTHERANCE OF CHARITABLE ACTIVITY

$2,000
David And Robin Ryan Family Foundation

Vero Beach, FL

PURPOSE: GENERAL ASSISTANCE

$1,000
Bailey Family Foundation Inc

Vero Beach, FL

PURPOSE: CHARITABLE PURPOSES

$500
The Robert C & Sarah Jane Moore Family Foundation

Williams Bay, WI

PURPOSE: CONTRIBUTION TO OPERATIONS

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,199,077
Earnings-$182,564
Admin Expense$33,665
Net Contributions$1,000,000
Ending Balance$1,982,848

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