Commission On Adult Basic Education Inc
- Assets
- $1.1m
- Revenue
- $950.4k
- Investments
- $100.0k
- Employees
- 1
- Location
- Bradenton, FL
- Founding
- 03/2001
- Data as of
- 12/2020
- EIN
- 59-3164580
Organization Overview
Commission On Adult Basic Education Inc, operating under the name Coalition On Adult Basic Education, is located in Bradenton, FL. The organization was established in 2001. According to its NTEE Classification (B60) the organization is classified as: Adult Education, 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. Coalition On Adult Basic Education 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 12/2020, Coalition On Adult Basic Education generated $950.4k 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 (5.8%) each year. All expenses for the organization totaled $647.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 6 years. 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
COABE'S MISSION IS TO INSPIRE EDUCATORS SO ADULTS SUCCEED AND COMMUNITIES THRIVE. WE PROVIDE LEADERSHIP, PROFESSIONAL DEVELOPMENT, ADVOCACY, AND COMMUNICATION SERVICES THAT ENCOURAGE GREATER CONSCIOUSNESS AND CULTURAL COMPETENCY IN OUR INTERACTIONS WITH TEACHERS, ADMINISTRATORS, ADULT LEARNERS, AND OUR PARTNERS. WE ARE COMMITTED TO USING OUR PLATFORM AND INFLUENCE TO CELEBRATE, ENGAGE WITH, AND LISTEN TO ALL ADULT EDUCATION COMMUNITIES AND DIVERSE VOICES OF OUR FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL & STATE CONFERENCES - ADULT BASIC EDUCATION PROGRAMS ENGAGES IN INTENSIVE PLANNING AND CONDUCTS ANNUAL & MONTHLY WEBINARS AND SYMPOSIUMS FOR PRACTITIONERS WHO WISH TO UPGRADE THEIR SKILLS FOR TEACHING LITERACY TO ADULT STUDENTS. THIS IS A NATIONAL CONFERENCE WITH ATTENDANCE OF APROXIMATELY 2,500 - 3,500.
JOURNAL - ADULT BASIC EDUCATION PROGRAMS PUBLISHES TRIANNUALLY A SCHOLARLY JOURNAL WITH A PRACTICAL INTENT DEVOTED TO IMPROVING THE EFFORTS OF ADULT EDUCATORS WORKING WITH LOW LITERATE, EDUCATIONALLY DISADVANTAGED AND OPPRESSED ADULTS. ESTABLISHES AND MAINTAINS A COMPREHENSIVE WEBSITE TO PROVIDE INFORMATION AND TO COMMUNICATE MORE EFFICIENTLY WITH THE MEMBERSHIP. NATIONAL MEMBERSHIP HOLDS APPROXIMATELY 36,000 MEMBERS.
PARTNERSHIP BETWEEN GOOGLE AND COABE PROVIDING THE GOOGLE SCHOLARS PROGRAM TO ENABLE ADULT LEARNERS TO WORK THEIR WAY THROUGH ONE OF FIVE INDUSTRY DRIVEN CERTIFICATES. WE ALSO PROVIDED TWO SYMPOSIUMS WITH OVER 2,000 IN ATTENDANCE.
COABE NATIONAL AWARDS PROVIDED TO VARIOUS WINNERS SPONSORED BY DOLLAR GENERAL LITERACY FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Bonney Chief Executive Officer | Officer | 1 | $126,000 |
Jody Angelone President | OfficerTrustee | 1 | $0 |
Don Finn Immediate Past President | OfficerTrustee | 1 | $0 |
Shaketta Thomas Vice President | OfficerTrustee | 1 | $0 |
Regina Suitt President Elect | OfficerTrustee | 1 | $0 |
Michael Matos Rep Region 3 | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $49,261 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $128,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,761 |
| Total Program Service Revenue | $766,821 |
| Investment income | $22 |
| 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 | $950,445 |
| 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. | $62,500 |
| Compensation of current officers, directors, key employees. | $15,625 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $260,025 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,348 |
| Office expenses | $2,718 |
| Information technology | $33,424 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $14 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $130,193 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $873 |
| All other expenses | $0 |
| Total functional expenses | $647,708 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $750,373 |
| Savings and temporary cash investments | $227,618 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $58,568 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $100,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,136,559 |
| Accounts payable and accrued expenses | $34,194 |
| Grants payable | $0 |
| Deferred revenue | $208,039 |
| 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 | $242,233 |
| Net assets without donor restrictions | $894,326 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,136,559 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Commission On Adult Basic Education Inc has recieved totaling $25,022.
| Awarding Organization | Amount |
|---|---|
The Institute For Educational Leadership Inc Washington, DC PURPOSE: ADULT CAREER PATHWAY | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Medical Learning Institute Inc Tarpon Springs, FL | $9,314,882 | $36,728,738 |
Athens Regional Physician Services Inc Athens, GA | $5,832,166 | $29,787,030 |
American Maritime Officers Safety & Education Plan Dania Beach, FL | $9,015,305 | $20,171,131 |
John Marshall Online Inc Atlanta, GA | $11,713,924 | $9,257,448 |
Abraham J & Phyllis Katz Foundation Ua 060794 Newnan, GA | $48,678,737 | $4,412,136 |
Alabama Partnership For Children Montgomery, AL | $2,774,532 | $6,902,612 |
Continuing Education Company Palm Coast, FL | $2,142,823 | $4,620,080 |
Spanish American Basic Education And Rehabilitation Inc Saber Miami, FL | $1,202,159 | $3,782,505 |
I E C Social Educational & Humanitarian Aid Inc Orlando, FL | $3,778,105 | $3,335,745 |
Tampa Bay Innovation Hub Inc Tampa, FL | $14,630,343 | $4,568,115 |
Progressive Abilities Support Services Inc Savannah, GA | $457,648 | $2,076,851 |
East Central Georgia Consortium Thomson, GA | $497,694 | $1,856,381 |