Austin Learning Academy
- Assets
- $93.4k
- Revenue
- $402.9k
- Investments
- $0.0
- Employees
- 28
- Location
- Austin, TX
- Founding
- 08/1995
- Data as of
- 08/2019
- EIN
- 74-2753507
Organization Overview
Austin Learning Academy is located in Austin, TX. The organization was established in 1995. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 08/2016, Austin Learning Academy employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Learning Academy 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 08/2019, Austin Learning Academy generated $402.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $369.5k during the year ending 08/2019. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE AUSTIN LEARNING ACADEMY IS TO PROVIDE FAMILY-BASED EDUCATIONAL OPPORTUNITIES THAT WILL ALLOW PARENTS AND THEIR CHILDREN TO STRENGTHEN THEMSELVES AND THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT EDUCATION - SERVED ADULTS ENROLLED IN GED AND ADULT BASIC EDUCATION CLASSES HELD AT TWO SITES.CITIZENSHIP - SERVED ADULTS ENROLLED IN PREPARATORY CLASSES FOR THE USCIS TEST.EL CIVICS - SERVED ADULTS ENROLLED IN ENGLISH LANGUAGE AND CIVICS EDUCATION CLASSES HELD AT TWO SITES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Toni Williams Executive Direc | Officer | 40 | $90,919 |
Robin R Mitchell JD Secretary | OfficerTrustee | 2 | $0 |
Dr Lodis Rhodes Chairman | OfficerTrustee | 2 | $0 |
Tab V Fowler Treasurer | OfficerTrustee | 1 | $0 |
Dr Norman Mason DDS Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $402,859 |
| Investment income | $86 |
| 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 | $402,945 |
| Statement of Expenses | |
|---|---|
| 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. | $81,780 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $238,669 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,793 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,077 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,239 |
| 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 | $0 |
| Insurance | $6,956 |
| All other expenses | $809 |
| Total functional expenses | $369,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,795 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,131 |
| Accounts receivable, net | $443 |
| 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 | $5,044 |
| Investments—publicly traded securities | $2,982 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $93,395 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $43,013 |
| 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 | $5,229 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $11,689 |
| 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 | $93,395 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Austin Learning Academy has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Barbara Bush Foundation For Family Literacy Inc Washington, DC PURPOSE: LITERACY | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communities In Schools Of El Paso Inc El Paso, TX | $2,674,803 | $5,342,114 |
Small Steps Nurturing Center Houston, TX | $10,410,748 | $6,522,769 |
Bookspring Austin, TX | $3,307,533 | $2,191,070 |
Austin Explore Inc Austin, TX | $2,025,825 | $1,630,361 |
Catch Up & Read Inc Dallas, TX | $1,980,832 | $917,650 |
Smart Start Central Oklahoma Inc Oklahoma City, OK | $1,312,516 | $1,054,771 |
Literacy Council Of Southwest Louisiana Inc Lake Charles, LA | $245,946 | $785,766 |
Tackle Tomorrow Llc Dallas, TX | $245,428 | $769,944 |
Literacy San Antonio Inc San Antonio, TX | $550,781 | $543,394 |
Rootedgood Kerrville, TX | $704,669 | $179,375 |
Literacy Council Of Williamson County Georgetown, TX | $25,258 | $290,028 |
Adult Learning Alliance Inc Little Rock, AR | $466,955 | $413,741 |