The Learning Collaborative
- Assets
- $2.3m
- Revenue
- $891.0k
- Investments
- $0.0
- Employees
- 25
- Location
- Charlotte, NC
- Founding
- 12/1990
- Data as of
- 06/2021
- EIN
- 56-1668333
Organization Overview
The Learning Collaborative is located in Charlotte, NC. The organization was established in 1990. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Learning Collaborative employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learning Collaborative 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 06/2021, Learning Collaborative generated $891.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2021. 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 LEARNING COLLABORATIVE CREATES A PARTNERSHIP AMONG PARENTS, CHILDREN, STAFF AND VOLUNTEERS ADDRESSING THE EDUCATION AND SOCIAL NEEDS OF PRESCHOOL CHILDREN AND THEIR PARENTS IN CHARLOTTE, NC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LEARNING COLLABORATIVE CREATES A PARTNERSHIP AMONG PARENTS, CHILDREN, STAFF AND VOLUNTEERS ADDRESSING THE EDUCATION AND SOCIAL NEEDS OF PRESCHOOL CHILDREN AND THEIR PARENTS IN CHARLOTTE, NC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Carter Executive Dir. | Officer | 40 | $62,000 |
Gretchen Cawley Co-Chair | OfficerTrustee | 1 | $0 |
Clayton Williams Vice Chair | OfficerTrustee | 1 | $0 |
Claudia Dodgen Past Chair | OfficerTrustee | 2 | $0 |
Dan Ripp Co Chair | OfficerTrustee | 1 | $0 |
Katherine Hunter Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $54,000 |
| Related organizations | $0 |
| Government grants | $386,641 |
| All other contributions, gifts, grants, and similar amounts not included above | $424,776 |
| Noncash contributions included in lines 1a–1f | $8,113 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $865,417 |
| Total Program Service Revenue | $0 |
| Investment income | $203 |
| 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 | $890,964 |
| 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. | $62,000 |
| Compensation of current officers, directors, key employees. | $1,240 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $503,408 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $49,075 |
| Payroll taxes | $52,693 |
| 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 | $500 |
| Fees for services: Other | $85,852 |
| Advertising and promotion | $0 |
| Office expenses | $49,090 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $78,655 |
| Travel | $921 |
| 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 | $49,313 |
| Insurance | $15,554 |
| All other expenses | $0 |
| Total functional expenses | $1,012,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $877,033 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $46,056 |
| Accounts receivable, net | $2,062 |
| 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 | $1,520 |
| Net Land, buildings, and equipment | $1,323,917 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $477 |
| Other assets | $56,820 |
| Total assets | $2,307,885 |
| Accounts payable and accrued expenses | $60,098 |
| Grants payable | $0 |
| Deferred revenue | $129,512 |
| 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 | $189,610 |
| Net assets without donor restrictions | $1,713,802 |
| Net assets with donor restrictions | $404,473 |
| 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 | $2,307,885 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that The Learning Collaborative has recieved totaling $288,458.
| Awarding Organization | Amount |
|---|---|
Mecklenburg Partnership For Children Charlotte, NC PURPOSE: PRESCHOOL | $132,100 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $65,358 |
Charlotte Wine & Food Weekend Inc Charlotte, NC | | $43,360 |
Crossroads Corp For Affordable Housing And Community Dev Inc Charlotte, NC PURPOSE: To Support Education | $20,000 |
United Way Of Greater Charlotte Charlotte, NC PURPOSE: PROGRAM OPERATING COSTS | $12,640 |
Speedway Childrens Charities Concord, NC PURPOSE: EDUCATIONAL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Langley School Inc Mclean, VA | $63,128,940 | $18,629,240 |
Wake County Smartstart Raleigh, NC | $3,415,796 | $19,658,248 |
Livingston Byrdstown Jamestown And Cookeville Development Corporation Cookeville, TN | $2,043,241 | $13,554,742 |
Columbia Academy School Columbia, TN | $17,513,853 | $13,288,512 |
Montessori School Of Raleigh Inc Raleigh, NC | $11,662,431 | $8,380,387 |
Smart Start Of Forsyth County Winston Salem, NC | $369,779 | $8,124,286 |
Caldwell Academy Greensboro, NC | $20,742,733 | $8,088,099 |
The Augusta Preparatory Day School Martinez, GA | $25,344,401 | $14,944,838 |
High Meadows School Inc Roswell, GA | $15,794,704 | $8,144,978 |
Niswonger Foundation Greeneville, TN | $22,434,674 | $9,108,493 |
Richmond Montessori School Inc Richmond, VA | $10,937,942 | $7,480,859 |
Clarksville Academy Clarksville, TN | $6,723,954 | $6,391,160 |