Learning Experience School Inc
- Assets
- $8.1m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 46
- Location
- Miami, FL
- Founding
- 03/1980
- Data as of
- 07/2020
- EIN
- 59-1913861
Organization Overview
Learning Experience School Inc, operating under the name Miami Learning Experience School, is located in Miami, FL. The organization was established in 1980. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 07/2022, Miami Learning Experience School employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miami Learning Experience School 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 07/2020, Miami Learning Experience School generated $2.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $2.5m during the year ending 07/2020. While expenses have increased by 4.3% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATION TO CHILDREN AND ADULTS WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL SERVES STUDENTS AGE 5 TO ADULTS. IN 2021-22, THE SCHOOL'S ENROLLMENT GREW TO 130 STUDENTS, AND IT IS RECOGNIZED AS A SPECIALIZED PRIVATE "SCHOOL OF CHOICE" WITH THE STATE OF FLORIDA AND MIAMI DADE COUNTY'S DEPARTMENT OF EDUCATION. A SUMMER CAMP PROGRAM HELPED EXTEND SUMMER LEARNING FOR ALL STUDENTS FROM THE SCHOOL. THE SCHOOL'S ANNUAL FASHION SHOW CONTINUES TO BE OUR MOST SUCCESSFUL FUNDRAISING EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Grace Executive Director | Officer | 40 | $118,571 |
Honorable Vance Salter Director | Trustee | 4 | $0 |
Terry Blumer Vice Chairman | Trustee | 4 | $0 |
Patricia Sanchez-Abril Secretary | Trustee | 4 | $0 |
Robin Lukacs ESQ Director | Trustee | 4 | $0 |
Paul Arango Chairman | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,641 |
| Investment income | $64,668 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$13,089 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $210,755 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,826,954 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $100,962 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $122,333 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,442,462 |
| Pension plan accruals and contributions | $29,693 |
| Other employee benefits | $126,059 |
| Payroll taxes | $117,589 |
| 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 | $74,511 |
| Advertising and promotion | $0 |
| Office expenses | $78,651 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $132,192 |
| Travel | $0 |
| 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 | $118,071 |
| Insurance | $41,146 |
| All other expenses | $0 |
| Total functional expenses | $2,522,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,824,813 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,744 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,129,117 |
| Accounts payable and accrued expenses | $4,247 |
| Grants payable | $0 |
| Deferred revenue | $247,361 |
| 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 | $999,259 |
| Unsecured mortgages and notes payable | $328,200 |
| Other liabilities | $2,300 |
| Total liabilities | $1,581,367 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $6,547,750 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Learning Experience School Inc has recieved totaling $51,574.
| Awarding Organization | Amount |
|---|---|
The Batchelor Foundation Inc Miami Beach, FL PURPOSE: GENERAL OPERATIONS | $30,000 |
United Way Miami Inc Miami, FL PURPOSE: GENERAL FUNDS | $10,963 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $405 |
Laurence And Bernice Kaperst Foundation New York, NY PURPOSE: GENERAL | $206 |
Endowment Analysis
| Beg. Balance | $1,412,803 |
| Earnings | -$125,560 |
| Admin Expense | $70,000 |
| Ending Balance | $1,217,243 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Howard School Inc Atlanta, GA | $46,587,964 | $14,630,236 |
Schenck School Inc Atlanta, GA | $49,204,547 | $13,089,821 |
Baconton Parents And Citizens For Better Education Inc Baconton, GA | $6,989,998 | $13,118,266 |
Mill Springs Academy Inc Alpharetta, GA | $16,639,612 | $7,597,542 |
Brookhaven Innovation Academy Norcross, GA | $15,037,187 | $6,615,354 |
Jacobs Ladder Neurodevelopmental Learning Center Inc Roswell, GA | $19,026,689 | $7,969,292 |
Pepin Academies Of Pasco County Inc Riverview, FL | $12,543,463 | $5,585,503 |
North Florida School Of Special Education Jacksonville, FL | $11,766,235 | $6,180,165 |
Liberty Tech Charter School Inc Brooks, GA | $5,341,334 | $5,035,134 |
Greater Etowah Mental Retardation 310 Board Inc Gadsden, AL | $7,555,250 | $4,979,622 |
Livingstone Schools Inc Seffner, FL | $3,314,595 | $4,105,227 |
Achievement Academy Inc Lakeland, FL | $3,141,951 | $4,281,030 |