The Attic Learning Community
- Assets
- $4.4m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 34
- Location
- Woodinville, WA
- Founding
- 03/2002
- Data as of
- 07/2023
- EIN
- 91-1995483
Organization Overview
The Attic Learning Community is located in Woodinville, WA. The organization was established in 2002. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 07/2023, Attic Learning Community employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Attic Learning Community 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 07/2023, Attic Learning Community generated $1.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $1.8m during the year ending 07/2023. While expenses have increased by 1.4% per year over the past 8 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
THE ORGANIZATION PROVIDES DEVELOPMENTAL LEARNING AS AN ALTERNATIVE TO TRADTIONAL SCHOOLING AVAILABLE IN THE COMMUNITY BY FURNISHING EDUCATION WHICH FOSTERS ADAPTABILITY, COMMUNICATION, COLLABORATION, AND PLAY. THE SCHOOL IS EXCLUSIVELY A CHARITABLE AND EDUCATIONAL ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING INNOVATIVE EDUCATION WHICH FOSTERS ADAPTABILITY, COMMUNICATION, COLLABORATION, AND PLAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika M Wright Executive Dir. | Officer | 45 | $112,523 |
Emma Hodgson Director | Trustee | 4 | $0 |
Karen Lefohn President | OfficerTrustee | 4 | $0 |
Rajesh Velji Treasurer | OfficerTrustee | 4 | $0 |
Caitlin Mclane Director | Trustee | 4 | $0 |
Laura Latta Secretary | OfficerTrustee | 4 | $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 | $120,757 |
| Noncash contributions included in lines 1a–1f | $38,469 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,757 |
| Total Program Service Revenue | $1,521,685 |
| Investment income | $234 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$13,808 |
| Net Income from Fundraising Events | $14,692 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,643,560 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $162,487 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $112,523 |
| Compensation of current officers, directors, key employees. | $56,262 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $801,671 |
| Pension plan accruals and contributions | $21,135 |
| Other employee benefits | $117,121 |
| Payroll taxes | $79,762 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,870 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,979 |
| Advertising and promotion | $4,351 |
| Office expenses | $23,839 |
| Information technology | $34,325 |
| Royalties | $0 |
| Occupancy | $113,009 |
| 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 | $80,697 |
| Insurance | $19,730 |
| All other expenses | $0 |
| Total functional expenses | $1,757,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,938 |
| Savings and temporary cash investments | $1,038,018 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $732,009 |
| 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 | $29,078 |
| Net Land, buildings, and equipment | $2,156,333 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $259,028 |
| Other assets | $0 |
| Total assets | $4,433,404 |
| Accounts payable and accrued expenses | $10,387 |
| Grants payable | $0 |
| Deferred revenue | $1,164,616 |
| 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 | $896,006 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,071,009 |
| Net assets without donor restrictions | $2,362,395 |
| 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 | $4,433,404 |