Increase Learning Center Inc is located in Reidsville, NC. The organization was established in 2003. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Increase 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 12/2021, Increase Learning Center Inc generated $139.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $108.9k during the year ending 12/2021. While expenses have increased by 12.1% per year over the past 3 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.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $139,320 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $139,320 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $101,944 |
Professional fees and other payments to independent contractors | $350 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,594 |
Total expenses | $108,888 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $40,314 |
Other assets | $0 |
Total assets | $41,270 |
Total liabilities | $5,450 |
Net assets or fund balances | $35,820 |
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