International Association Of Colearning Communities Inc
- Assets
- $59.6k
- Revenue
- $161.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Mcleod, MT
- Founding
- 01/2020
- Data as of
- 07/2021
- EIN
- 83-4709919
Organization Overview
International Association Of Colearning Communities Inc is located in Mcleod, MT. The organization was established in 2020. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 07/2021, International Association Of Colearning Communities Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Association Of Colearning Communities 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 07/2021, International Association Of Colearning Communities Inc generated $161.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (28.2%) each year. All expenses for the organization totaled $182.1k during the year ending 07/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION OPERATES EXCLUSIVELY TO MAKE A COMMUNITY FOR PARENTS, FAMILIES, AND FOUNDERS TO LEARN MORE ABOUT THE RESEARCH-BASED EFFECTIVENESS OF COLEARNING AND MICROSCHOOLS, AND TO ORGANICALLY DRIVE THE CREATION OF COLEARNING COMMUNITIES SO AS TO PROVIDE LOW-COST PRIVATE K-12 EDUCATION OPTIONS FOR FAMILIES, AND TO MAINTAIN A DATABASE OF RESEARCH AND RESOURCES, TRAINING AND GUIDANCE FOR THAT PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING SERVICES FOR PARENTS, FAMILIES, AND FOUNDERS TO LEARN MORE ABOUT THE RESEARCH-BASED EFFECTIVENESS OF COLEARNING AND MICROSCHOOLS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Steele-Maley Director | Trustee | 5 | $90,000 |
Elaine Lipp Secretary | OfficerTrustee | 5 | $0 |
George Fraise Treasurer | OfficerTrustee | 5 | $0 |
Catherine Fraise President | OfficerTrustee | 40 | $0 |
Jenai Fitzpatrick Director | Trustee | 5 | $0 |
Lindsay Portnoy Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $155,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,000 |
| Total Program Service Revenue | $5,986 |
| Investment income | $0 |
| 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 | $160,986 |
| 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 | $83,420 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,179 |
| Fees for services: Management | $56,137 |
| Fees for services: Legal | $235 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,795 |
| Office expenses | $0 |
| Information technology | $5,466 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,494 |
| 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 | $1,189 |
| All other expenses | $0 |
| Total functional expenses | $182,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,649 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $59,649 |
| Accounts payable and accrued expenses | $0 |
| 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 | $5,918 |
| Total liabilities | $5,918 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $53,731 |
| Total liabilities and net assets/fund balances | $59,649 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Association Of Colearning Communities Inc has recieved totaling $53,690.
| Awarding Organization | Amount |
|---|---|
Workspace Education Incorporated Wilton, CT PURPOSE: DONATION TO ASSIST IN FURTHERING THE ORGANIZATION'S CHARITABLE MISSION. | $53,690 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Salmon Public School Foundation Inc Salmon, ID | $1,849,221 | $774,057 |
Morrison-Maierie Inc Group Health Plan Tr Helena, MT | $2,319,499 | $3,680,881 |
West River Foundation Sturgis, SD | $7,568,333 | $3,921,124 |
Idaho Virtual Education Partners Incorporated Star, ID | $2,036,199 | $3,090,250 |
Sicangu Owayawa Oti-Rosebud Dormitory Mission, SD | $5,924,789 | $2,325,210 |
Archie Bray Foundation Helena, MT | $9,824,434 | $1,808,986 |
Ndsu Research Foundation Fargo, ND | $10,759,749 | $1,725,085 |
Impact Campus Ministries Inc Moscow, ID | $1,195,070 | $1,679,805 |
Bismarck State College Innovations Foundation Bismarck, ND | $1,239,026 | $1,085,125 |
Age Of Montessori Bozeman, MT | $147,221 | $617,123 |
David A Hindson Md Education Foundation Inc Boise, ID | $2,752,081 | $1,525,627 |
Innovate Academy & Preparatory School Corp Eagle, ID | $439,845 | $461,809 |