Immigrant Learning Center Inc
- Assets
- $9.9m
- Revenue
- $2.9m
- Investments
- $7.4m
- Employees
- 49
- Location
- Malden, MA
- Founding
- 05/1992
- Data as of
- 06/2023
- EIN
- 04-3138284
Organization Overview
Immigrant Learning Center Inc is located in Malden, MA. The organization was established in 1992. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 06/2023, Immigrant Learning Center Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Immigrant 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 06/2023, Immigrant Learning Center Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $3.0m during the year ending 06/2023. While expenses have increased by 3.8% per year over the past 7 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
TO CONDUCT A SCHOOL OFFERING ENGLISH AS A SECOND LANGUAGE TO FOREIGN-BORN ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED APPROXIMATELY 9,000 CLASSROOM HOURS TEACHING ENGLISH AS A SECOND LANGUAGE TO APPROXIMATELY 620 INDIVIDUALS FROM 56 COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerard M Martin Director, Trustee, Treasur | OfficerTrustee | 0 | $0 |
Sandra G Bornstein Trustee | Trustee | 0 | $0 |
Mahmud Jafri Trustee | Trustee | 0 | $0 |
Nereyda F Garcia Trustee | Trustee | 0 | $0 |
Frank J Bailey Director, Trustee | Trustee | 0 | $0 |
Fatima Chibane Trustee, Student, Aide | Trustee | 20 | $15,510 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,175,721 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,033,140 |
| Noncash contributions included in lines 1a–1f | $106,425 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,208,861 |
| Total Program Service Revenue | $0 |
| Investment income | $195,934 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$2,520 |
| Net Gain/Loss on Asset Sales | -$112,348 |
| Net Income from Fundraising Events | $598,994 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,888,921 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $201,897 |
| 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. | $400,916 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,563,238 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $90,283 |
| Payroll taxes | $161,494 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,000 |
| Fees for services: Other | $47,245 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $500 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,301 |
| 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 | $93,668 |
| Insurance | $14,604 |
| All other expenses | $61,604 |
| Total functional expenses | $3,013,462 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,355 |
| Savings and temporary cash investments | $91,258 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| 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 | $5,982 |
| Net Land, buildings, and equipment | $2,146,289 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $7,406,661 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,876,545 |
| Accounts payable and accrued expenses | $18,027 |
| 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 | $99,173 |
| Total liabilities | $117,200 |
| Net assets without donor restrictions | $9,759,345 |
| 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 | $9,876,545 |