The Learning Collaborative
- Assets
- $2.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 16
- Location
- Charlotte, NC
- Founding
- 12/1990
- Data as of
- 06/2022
- 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 06/2022, Learning Collaborative employed 16 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 06/2022, Learning Collaborative generated $1.1m 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 (8.3%) each year. All expenses for the organization totaled $1.1m 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
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
PRESCHOOL AND FAMILY SUPPORT & INVOLVEMENT PROGRAMSIN 2021-22, 68 CHILDREN AND 82 PARENTS WERE SERVED BY TLC PROGRAMS. ALL CHILDREN WERE ASSESSED AND SHOWED DEVELOPMENTAL PROGRESS PRE- TO POST-SCHOOL YEAR. PARENTS ATTENDED WEEKLY WORKSHOPS AND PARTICIPATED IN SPECIAL EDUCATIONAL OFFERINGS SUCH AS TRIPLE P AND AN 8-WEEK TRAUMA SERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Carson Executive Dir. | Officer | 40 | $57,216 |
Inez Alexander Director | Trustee | 1 | $0 |
Amy Mcdonald Director | Trustee | 1 | $0 |
Julie Wentz Director | Trustee | 1 | $0 |
Gretchen Cawley Director | Trustee | 1 | $0 |
Kathryn Bauknight Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,955 |
| Membership dues | $0 |
| Fundraising events | $51,000 |
| Related organizations | $0 |
| Government grants | $617,817 |
| All other contributions, gifts, grants, and similar amounts not included above | $332,522 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,003,294 |
| Total Program Service Revenue | $0 |
| Investment income | $552 |
| 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 | $1,133,522 |
| 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. | $64,504 |
| Compensation of current officers, directors, key employees. | $1,290 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $567,204 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,786 |
| Payroll taxes | $54,747 |
| 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 | $101,974 |
| Advertising and promotion | $0 |
| Office expenses | $40,819 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $57,697 |
| Travel | $9,598 |
| 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 | $48,582 |
| Insurance | $16,456 |
| All other expenses | $0 |
| Total functional expenses | $1,145,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $764,565 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $27,076 |
| Accounts receivable, net | $8,218 |
| 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 | $1,315,792 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $48,977 |
| Total assets | $2,166,148 |
| Accounts payable and accrued expenses | $65,242 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $65,242 |
| Net assets without donor restrictions | $1,808,667 |
| Net assets with donor restrictions | $292,239 |
| 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 | $2,166,148 |