North American Council For Online Learning
- Assets
- $6.4m
- Revenue
- $602.4k
- Investments
- $0.0
- Employees
- 11
- Location
- Arlington, VA
- Founding
- 03/2004
- Data as of
- 06/2022
- EIN
- 20-0310109
Organization Overview
North American Council For Online Learning, operating under the name Aurora Institute K-12 Online Learning, is located in Arlington, VA. The organization was established in 2004. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, Aurora Institute K-12 Online Learning employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aurora Institute K-12 Online Learning 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 06/2022, Aurora Institute K-12 Online Learning generated $602.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.6%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COUNCIL DRIVES THE TRANSFORMATION OF EDUCATION SYSTEMS AND ACCELERATES THE ADVANCEMENT OF BREAKTHROUGH POLICIES AND PRACTICES TO ENSURE HIGH-QUALITY LEARNING FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCE THE WORK OF TEACHERS, ADMINISTRATORS AND PUBLIC POLICY MAKERS IN THE FIELD OF PERSONALIZED LEARNING AND COMPETENCY-BASED EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Patrick President & CEO | Officer | 40 | $287,194 |
Loretta Goodwin Chief Operating Officer | Officer | 40 | $191,274 |
Fred Jones Director Of Policy | 40 | $159,304 | |
Eliot Levine Director Of Research | 40 | $146,610 | |
Jim Benson Director Of Operations | Officer | 40 | $103,878 |
Virgel Hammonds Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chris Sturgis Consulting | 6/29/18 | $248,373 |
Getting Smart Llc Consulting | 6/29/18 | $102,098 |
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 | $300,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300,000 |
| Total Program Service Revenue | $299,440 |
| Investment income | $2,933 |
| 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 | $602,373 |
| 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. | $555,912 |
| Compensation of current officers, directors, key employees. | $89,131 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $710,934 |
| Pension plan accruals and contributions | $65,478 |
| Other employee benefits | $103,025 |
| Payroll taxes | $86,225 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $509,106 |
| Advertising and promotion | $5,689 |
| Office expenses | $14,903 |
| Information technology | $37,112 |
| Royalties | $0 |
| Occupancy | $38,990 |
| Travel | $24,147 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,193,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $275,523 |
| Savings and temporary cash investments | $5,583,341 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $525,233 |
| 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 | $64,815 |
| 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 | $6,448,912 |
| Accounts payable and accrued expenses | $187,682 |
| Grants payable | $0 |
| Deferred revenue | $1,050 |
| 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 | $0 |
| Total liabilities | $188,732 |
| Net assets without donor restrictions | $5,761,175 |
| Net assets with donor restrictions | $499,005 |
| 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 | $6,448,912 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that North American Council For Online Learning has recieved totaling $160,000.
| Awarding Organization | Amount |
|---|---|
Nellie Mae Education Foundation Inc Quincy, MA PURPOSE: EXAMINE THE IMPLEMENTATION OF EDUCATIONAL POLICIES | $100,000 |
New Profit Inc Boston, MA PURPOSE: PROGRAM EXPANSION | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association Of Community Colleges Washington, DC | $17,692,990 | $18,107,472 |
National Board For Professional Teaching Standards Inc Arlington, VA | $7,108,000 | $15,320,880 |
National Association Of Independent Schools Inc Washington, DC | $58,850,620 | $18,662,235 |
Air Force Association Arlington, VA | $41,846,008 | $19,163,734 |
American Association Of Colleges Of Nursing Washington, DC | $32,242,011 | $15,709,388 |
National Association For The Education Of Young Children Washington, DC | $62,448,452 | $19,211,047 |
National Association Of Student Personnel Administrators Inc Washington, DC | $24,499,016 | $16,009,937 |
National Association Of College And Washington, DC | $30,694,720 | $19,712,645 |
American Association Of Colleges And Universities Washington, DC | $16,161,995 | $12,506,275 |
Virginia Education Association Inc Richmond, VA | $23,884,810 | $14,278,542 |
Tennessee Education Association Inc Nashville, TN | $10,428,351 | $9,646,926 |
American Association Of Collegiate Registrars And Admissions Officers Washington, DC | $20,186,946 | $8,014,604 |