Learning About Business Inc
- Assets
- $208.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Painesville, OH
- Founding
- 03/1983
- Data as of
- 08/2024
- EIN
- 34-1381822
Organization Overview
Learning About Business Inc is located in Painesville, OH. The organization was established in 1983. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learning About Business 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 08/2024, Learning About Business Inc generated $109.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $74.0k during the year ending 08/2024. While expenses have increased by 3.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE PROGRAM SPONSORS ONE WEEK INTENSIVE SUMMER CAMP FOR HIGHSCHOOL STUDENTS TO LEARN ABOUT THE ROLE OF BUSINESS IN SOCIETY AND TO LEARN ABOUT BUSINESS IN GENERAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Lamphier Board Chair | 2 | $0 | |
Paul Pahoresky Finance Chair | 1 | $0 | |
Peter Derooy Fund Development Chair | 1 | $0 | |
Ellia DE La Garza Director | 1 | $0 | |
Anna Dey Director | 1 | $0 | |
Emily Dizer Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,442 |
| Total Program Service Revenue | $11,375 |
| Membership dues | $0 |
| Investment income | $6,106 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $34 |
| Total Revenue | $108,957 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,400 |
| Professional fees and other payments to independent contractors | $13,685 |
| Occupancy, rent, utilities, and maintenance | $29 |
| Printing, publications, postage, and shipping | $2,219 |
| Other expenses | $31,672 |
| Total expenses | $74,005 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $208,773 |
| Other assets | $0 |
| Total assets | $208,773 |
| Total liabilities | $0 |
| Net assets or fund balances | $208,773 |