Academic Learning Center
- Assets
- $308.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, NC
- Founding
- 10/1998
- Data as of
- 06/2021
- EIN
- 56-1963975
Organization Overview
Academic Learning Center is located in Concord, NC. The organization was established in 1998. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Academic Learning Center 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, Academic Learning Center generated $145.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $98.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PARTNERS WITH THE EDUCATIONAL SYSTEM TO IMPROVE ACADEMIC PERFORMANCE AND CONFIDENCE THROUGH A QUALITY AFTERSCHOOL TUTORING PROGRAM AND SUMMER SCHOOL READING ENRICHMENT PROGRAM.
THE ORGANIZATION PARTNERS WITH THE EDUCATIONAL SYSTEM TO IMPROVE ACADEMIC PERFORMANCE AND CONFIDENCE THROUGH A QUALITY AFTERSCHOOL TUTORING PROGRAM AND SUMMER SCHOOL READING ENRICHMENT PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hunter Morrison Chairperson | 0 | $0 | |
Jeanette Trexler Secretary | 0 | $0 | |
Laura M Baker Director | 0 | $0 | |
Contisha Barnes Director | 0 | $0 | |
W Brian Hiatt Chairperson | 0 | $0 | |
Rob Johnson Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,704 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $145,733 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,312 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,029 |
| Printing, publications, postage, and shipping | $233 |
| Other expenses | $70,301 |
| Total expenses | $98,875 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $306,430 |
| Other assets | $0 |
| Total assets | $308,430 |
| Total liabilities | $130 |
| Net assets or fund balances | $308,300 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Academic Learning Center has recieved totaling $29,755.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater Charlotte Charlotte, NC PURPOSE: PROGRAM OPERATING COSTS; DONOR DESIGNATED 3RD PARTY FOR PROGRAM OPERATING COSTS | $24,755 |
Truist Foundation Inc Orlando, FL PURPOSE: GENERAL OPERATING | $5,000 |
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|---|---|---|
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American School Counselor Association Alexandria, VA | $7,066,172 | $7,522,290 |
Grace Christian Academy Of Leipers Fork Franklin, TN | $10,280,279 | $8,867,909 |
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Manna Cafe Ministries Clarksville, TN | $2,290,772 | $5,669,916 |
Innovative Education Partnership Corporation Maryville, TN | $1,869,912 | $5,283,927 |
Association For The Advancement Of Education Inc Saxapahaw, NC | $14,393,237 | $5,390,894 |
Ready For School Ready For Life Greensboro, NC | $5,692,106 | $6,572,581 |
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