Maverick Learning Center Inc
- Assets
- $130.8k
- Revenue
- $306.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- Data as of
- 12/2023
- EIN
- 88-1292213
Organization Overview
Maverick Learning Center Inc is located in Virginia Beach, VA. According to its NTEE Classification (G84) the organization is classified as: Autism, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maverick 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, Maverick Learning Center Inc generated $306.1k in total revenue. All expenses for the organization totaled $258.0k during the year ending 12/2023. While expenses have increased by 69.4% per year over the past 2 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
PROVIDE A SAFE AND EFFECTIVE LEARNING ENVIRONMENT FOR STUDENTS THAT ARE ON THE AUTISM SPECTRUM OR HAVE A DEVELOPMENTAL DELAY TO PROTECT SELF-ESTEEM AND CONFIDENCE WHILE FOCUSING ON A PERSONALIZED EDUCATIONAL EXPERIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A SAFE AND EFFECTIVE LEARNING ENVIRONMENT AND TEAM WITH COMPASSIONATE EDUCATORS WITHIN A SENSORY FRIENDLY ENVIRONMENT TO SUPPORT THE 13 STUDENTS LEARNING NEEDS WITH A ONE-OF-A-KIND CURRICULUM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Cahoon Secretary | OfficerTrustee | 10 | $0 |
Roy Weisert Treasurer | OfficerTrustee | 20 | $0 |
Maegan Cahoon President | OfficerTrustee | 60 | $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 | $171,179 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,179 |
| Total Program Service Revenue | $136,480 |
| 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 | -$1,529 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $306,130 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,064 |
| Fees for services: Accounting | $850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $119,610 |
| Advertising and promotion | $7,804 |
| Office expenses | $3,382 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $90,235 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $286 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,193 |
| Insurance | $3,328 |
| All other expenses | $19,289 |
| Total functional expenses | $257,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,372 |
| 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 | $104,974 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,474 |
| Total assets | $130,820 |
| 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 | $145,249 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,258 |
| Total liabilities | $151,507 |
| 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 | -$20,687 |
| Total liabilities and net assets/fund balances | $130,820 |