South Baltimore Learning Corp Inc
- Assets
- $3.0m
- Revenue
- $985.5k
- Investments
- $0.0
- Employees
- 37
- Location
- Baltimore, MD
- Founding
- 10/1991
- Data as of
- 06/2022
- EIN
- 52-1745263
Organization Overview
South Baltimore Learning Corp Inc is located in Baltimore, MD. The organization was established in 1991. As of 06/2022, South Baltimore Learning Corp Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Baltimore Learning Corp 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, South Baltimore Learning Corp Inc generated $985.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $1.6m 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
IMPROVE THE SELF-SUFFICIENCY OF EDUCATIONALLY DISADVANTAGED ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SBLC OFFERED AN 8-WEEK SUMMER SEMESTER, A 12-WEEK FALL SEMESTER, A 12-WEEK WINTER SEMESTER, A 10-WEEK SPRING SESSION FOR ABE/GED. THE NATIONAL EXTERNAL DIPLOMA PROGRAM AND THE TUTORING PROGRAM ARE YEAR ROUND. ADULT LEARNERS ENROLLED IN ALL PROGRAMS (EXCEPT COMPUTER CLASSES AND WORKFORCE LITERACY CLASS), DID NOT COMPLETE A TRADITIONAL 0-12 DIPLOMA. INTAKE SCREENING AND PRE-TESTING IS CONDUCTED TO DETERMINE THE ACADEMIC LEVEL AT WHICH A LEANER SHOULD BE PLACED. THE PROGRAMS, EXCEPT FOR GED CLASSES NEDP AND CTC CLASSES ARE FREE OF CHARGE, AS OPPOSED TO A PRIVATE TUTORING CENTER. SBLC CONDUCTED CLASSES ON SITE IN ITS HEADQUARTER LOCATION AND ALSO OFF SITE AT THREE PARTNER LOCATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shaina Hernandez Board Member | Trustee | 1 | $0 |
Barry D Blumberg Board Member | Trustee | 1 | $0 |
Vicki Pepper Board Member | Trustee | 1 | $0 |
Sam Johnson Secretary | OfficerTrustee | 1 | $0 |
Jonathan Melnick Board Member | Trustee | 1 | $0 |
James J Palermo CFA Ctfa Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $25,100 |
| Related organizations | $0 |
| Government grants | $718,659 |
| All other contributions, gifts, grants, and similar amounts not included above | $184,293 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $928,052 |
| Total Program Service Revenue | $27,867 |
| Investment income | $85 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $25,435 |
| 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 | $985,541 |
| 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. | $115,884 |
| Compensation of current officers, directors, key employees. | $23,177 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $837,033 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $90,038 |
| Payroll taxes | $91,309 |
| 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 | $0 |
| Fees for services: Other | $83,535 |
| Advertising and promotion | $4,047 |
| Office expenses | $70,306 |
| Information technology | $21,306 |
| Royalties | $0 |
| Occupancy | $6,611 |
| Travel | $97 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $153,116 |
| Insurance | $15,679 |
| All other expenses | $7,821 |
| Total functional expenses | $1,588,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $465,898 |
| Pledges and grants receivable | $129,139 |
| Accounts receivable, net | $4,500 |
| 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 | $2,396 |
| Net Land, buildings, and equipment | $2,378,598 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,980,531 |
| Accounts payable and accrued expenses | $79,278 |
| Grants payable | $0 |
| Deferred revenue | $1,900 |
| 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 | $17,659 |
| Total liabilities | $98,837 |
| Net assets without donor restrictions | $2,881,694 |
| Net assets with donor restrictions | $0 |
| 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 | $2,980,531 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Literacy Pittsburgh Pittsburgh, PA | $10,830,655 | $10,485,271 |
South Baltimore Learning Corp Inc Baltimore, MD | $2,980,531 | $985,541 |
Community Learning Center Philadelphia, PA | $0 | $1,706,278 |
Chester County Opportunities Industrialization Center Coatesville, PA | $973,270 | $1,417,269 |
Classroom 2 Community Inc Rockville, MD | $734,943 | $1,655,904 |
Delaware County Literacy Council Chester, PA | $1,432,451 | $1,839,010 |
Rita Welsh Adult Literacy Program Inc Williamsburg, VA | $1,534,220 | $1,168,916 |
Chester County Night School West Chester, PA | $33,593 | $386,459 |
Adult Literacy Lawrence County New Castle, PA | $55,434 | $217,479 |
The Capital Region Literacy Council Harrisburg, PA | $119,533 | $0 |
Peninsula Literacy Council Inc Newport News, VA | $135,230 | $174,862 |