Volunteer Instructors Teaching Adults Inc
- Assets
- $1.2m
- Revenue
- $672.5k
- Investments
- $0.0
- Employees
- 14
- Location
- Lafayette, LA
- Founding
- 05/1983
- Data as of
- 06/2024
- EIN
- 72-0954229
Organization Overview
Volunteer Instructors Teaching Adults Inc is located in Lafayette, LA. The organization was established in 1983. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2024, Volunteer Instructors Teaching Adults Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Volunteer Instructors Teaching Adults Inc 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 06/2024, Volunteer Instructors Teaching Adults Inc generated $672.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $642.2k during the year ending 06/2024. While expenses have increased by 0.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF VITA, INC (VOLUNTEER INSTRUCTORS TEACHING ADULTS, INC) IS TO PROVIDE ADULT LEARNERS WITH LITERACY AND OTHER ACADEMIC SKILLS NECESSARY TO SUCCESSFULLY PURSUE EDUCATIONAL, VOCATIONAL AND PERSONAL GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ONE-TO-ONE AND SMALL GROUP EDUCATION FOR UNEDUCATED ADULTS. INDIVIDUAL TUTORING SESSIONS OFFERED AT A TIME AND GEOGRAPHIC LOCATION CONVENIENT TO THE ADULT LEARNERS IN A NEIGHBORHOOD CENTER. SMALL GROUP CLASSES ARE OFFERED AT EITHER OF TWO ADULT EDUCATION CENTERS OPERATED BY VITA AND INCLUDE INSTRUCTION IN FAMILY LITERACY, WORKPLACE LITERACY, AND HISET (HIGH SCHOOL EQUIVALENCY TEST) PREPARATION. DURING THE PROGRAM YEAR, 1,253 ADULT LEARNERS ENROLLED, 240 STUDENTS WITH EMPLOYMENT AS A GOAL WERE RETAINED ON THE JOB, 35 STUDENTS EARNED THEIR HISET DIPLOMA. THE VITA ESL (ENGLISH AS A SECOND LANGUAGE) PROGAM PROVIDES INSTRUCTION IN LANGUAGE, CULTURE, ACADEMIC CONTENT, LIFE SKILLS, CIVIC PARTICIPATION, FAMILY EDUCATION AND CITIZENSHIP TO 523 ESL STUDENTS SERVED DURING THE YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Ackermann Director | Trustee | $0 | |
Donald Aguillard Secretary | OfficerTrustee | $0 | |
Jeanette Barras Director | Trustee | $0 | |
Jerry Caillier Director | Trustee | $0 | |
Larry Gage Director | Trustee | $0 | |
John Hebert Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $23,356 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $610,196 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,322 |
| Noncash contributions included in lines 1a–1f | $3,163 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $646,874 |
| Total Program Service Revenue | $0 |
| Investment income | $25,665 |
| 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 | $672,539 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $346,651 |
| Pension plan accruals and contributions | $8,382 |
| Other employee benefits | $37,485 |
| Payroll taxes | $25,550 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,918 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,637 |
| Office expenses | $34,159 |
| Information technology | $1,282 |
| Royalties | $0 |
| Occupancy | $85,632 |
| Travel | $22,831 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,969 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,492 |
| Insurance | $3,993 |
| All other expenses | $70 |
| Total functional expenses | $642,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,691 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $55,335 |
| 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 | $0 |
| Net Land, buildings, and equipment | $10,976 |
| Investments—publicly traded securities | $723,473 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $247,812 |
| Total assets | $1,201,287 |
| Accounts payable and accrued expenses | $14,677 |
| 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 | $251,169 |
| Total liabilities | $265,846 |
| Net assets without donor restrictions | $935,441 |
| 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 | $1,201,287 |