Family Learning Center Inc
- Assets
- $1.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 22
- Location
- Boulder, CO
- Founding
- 12/1982
- Data as of
- 12/2023
- EIN
- 74-2240341
Organization Overview
Family Learning Center Inc is located in Boulder, CO. The organization was established in 1982. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Family Learning Center Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Learning Center 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 12/2023, Family Learning Center Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 3.2% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ALTERNATIVE EDUCATIONAL PROGRAMMING FOR LOW-INCOME FAMILIES, ESPECIALLY THOSE WHOSE FIRST LANGUAGE IS NOT ENGLISH
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY EDUCATION PROGRAM FOR MINIMUM OF 83 CHILDREN, SUPPORT SERVICES FOR A MINIMUM OF 100 LOW INCOME PARENTS AND OTHER ADULTS, SCHOOL SUCCESS PROGRAM FOR MINIMUM OF 100 SCHOOL AGE CHILDREN, TRANSPORTATION SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Lyle Executive Dir. | Officer | 40 | $82,000 |
Wes Wright Director | Trustee | 1 | $0 |
Louisa Mathias Director | Trustee | 1 | $0 |
Adrian Wisniewski Director | Trustee | 1 | $0 |
Brandon Reed President | OfficerTrustee | 1 | $0 |
Demetria Ross Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $111,748 |
| Related organizations | $0 |
| Government grants | $522,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $606,886 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,240,934 |
| Total Program Service Revenue | $0 |
| Investment income | $11,621 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,880 |
| 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 | $1,259,182 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $48,842 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,999 |
| Compensation of current officers, directors, key employees. | $8,201 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $538,210 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $92,468 |
| Payroll taxes | $53,960 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $24,205 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,408 |
| Advertising and promotion | $8,806 |
| Office expenses | $11,223 |
| Information technology | $14,786 |
| Royalties | $0 |
| Occupancy | $16,378 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $206 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,584 |
| Insurance | $25,969 |
| All other expenses | $27,809 |
| Total functional expenses | $1,106,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $659,629 |
| Savings and temporary cash investments | $276,692 |
| 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 | $5,042 |
| Net Land, buildings, and equipment | $534,777 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,084 |
| Total assets | $1,487,224 |
| Accounts payable and accrued expenses | $5,500 |
| 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 | $11,176 |
| Total liabilities | $16,676 |
| Net assets without donor restrictions | $1,400,702 |
| Net assets with donor restrictions | $69,846 |
| 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 | $1,487,224 |