Patrick Beaver Learning Resource Center Incorporated
- Assets
- $164.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hickory, NC
- Founding
- 12/1999
- Data as of
- 06/2022
- EIN
- 56-2160295
Organization Overview
Patrick Beaver Learning Resource Center Incorporated is located in Hickory, NC. The organization was established in 1999. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, 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. Patrick Beaver Learning Resource Center Incorporated 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, Patrick Beaver Learning Resource Center Incorporated generated $169.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $143.3k during the year ending 06/2022. While expenses have increased by 19.1% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EMPOWERS STRUGGLING READERS, EDUCATES THEIR PARENTS, AND TRAINS THEIR TEACHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Anderson Ex-Officio | 0.25 | $0 | |
Monica Campbell Board Member | 0.25 | $0 | |
Randy Fisher Board Member | 0.25 | $0 | |
Kim Frankel Past Chair | 0.25 | $0 | |
Michele Hewitt Board Member | 0.25 | $0 | |
Michael Lemke Vice Chair | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,948 |
| Total Program Service Revenue | $3,102 |
| Membership dues | $0 |
| Investment income | $1,105 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $169,155 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,140 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $9,713 |
| Printing, publications, postage, and shipping | $6,990 |
| Other expenses | $76,476 |
| Total expenses | $143,319 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $155,780 |
| Other assets | $0 |
| Total assets | $164,074 |
| Total liabilities | $2,760 |
| Net assets or fund balances | $161,314 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Patrick Beaver Learning Resource Center Incorporated has recieved totaling $58,950.
| Awarding Organization | Amount |
|---|---|
Tsh Charitable Foundation Hickory, NC PURPOSE: GENERAL AND UNRESTRICTED | $30,000 |
North Carolina Community Foundation Inc Raleigh, NC PURPOSE: EDUCATION | $18,000 |
Catawba County United Way Inc Hickory, NC PURPOSE: TUTORING PRORAM TO IMPROVE LITERACY FOR CHILDREN GRADES K-3 | $10,950 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dollar General Literacy Foundation Goodlettsville, TN | $59,000,845 | $19,656,631 |
Governors Early Literacy Foundation Nashville, TN | $11,541,764 | $13,046,158 |
Book Harvest Durham, NC | $2,671,436 | $2,224,285 |
Preston Taylor Ministries Nashville, TN | $1,787,100 | $1,982,481 |
The Washington Commanders Charitable Foundation Inc Ashburn, VA | $1,361,978 | $1,048,751 |
Literacy Action Inc Atlanta, GA | $1,276,569 | $1,539,429 |
The Global Village Project Inc Decatur, GA | $2,051,230 | $1,459,701 |
Durham Literacy Center Inc Durham, NC | $1,363,688 | $948,350 |
Care House Of The Pee Dee Inc Florence, SC | $649,541 | $1,102,021 |
Book Em Nashville, TN | $633,279 | $1,103,877 |
Team Up Mentoring Inc Monroe, GA | $139,641 | $683,392 |
Greenville Literacy Association Inc Greenville, SC | $1,469,123 | $843,116 |