Northeast Kingdom Learning Services
- Assets
- $697.7k
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 57
- Location
- Newport, VT
- Founding
- 09/1991
- Data as of
- 06/2022
- EIN
- 22-3113459
Organization Overview
Northeast Kingdom Learning Services is located in Newport, VT. The organization was established in 1991. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2022, Northeast Kingdom Learning Services employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Kingdom Learning Services 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, Northeast Kingdom Learning Services generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $2.6m during the year ending 06/2022. While expenses have increased by 0.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NEKLS OFFERS COMPREHENSIVE EDUCATIONAL PROGRAMS AND SERVICES TO COMMUNITY MEMBERS WHO LIKE TO ADVANCE THEIR EDUCATION/WORKPLACE SKILLS ORATTAIN A HIGH SCHOOL DIPLOMA/EQUIVALENCY. IN ADDITION, WE PROVIDE EARLY EDUCATION AND CHILDCARE SERVICE FOR CHILDREN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPREHENSIVE EDUCATIONAL PROGRAMS AND SERVICES TO COMMUNITY MEMBERS WHO WOULD LIKE TO ADVANCE THEIR EDUCATION, WORKPLACE SKILLS, OR ATTAIN A HIGH SCHOOL DIPLOMA/EQUIVALENCY. WE PROVIDE SERVICE TO COMMUNITY CHILDREN AND FAMILIES THROUGH A WIDE ARRAY OF SUPPORT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Faust Executive Director | Officer | 40 | $80,142 |
Andy Berley Vice Chair | OfficerTrustee | 1 | $0 |
Jodi Woodard Chair | OfficerTrustee | 1 | $0 |
Laura Bennett Secretary | OfficerTrustee | 1 | $0 |
Linda Michniewicz Director | Trustee | 1 | $0 |
Marie Paquin Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $712,612 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,105,455 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,818,067 |
| Total Program Service Revenue | $746,067 |
| Investment income | $91 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $53,655 |
| 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 | $2,624,718 |
| 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 | $1,569,878 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $214,120 |
| Payroll taxes | $115,576 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,789 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $194,339 |
| Travel | $19,665 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,680 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80,461 |
| Insurance | $14,967 |
| All other expenses | $288,372 |
| Total functional expenses | $2,576,777 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,518 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $218,249 |
| 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 | $17,705 |
| Net Land, buildings, and equipment | $394,192 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $697,664 |
| Accounts payable and accrued expenses | $138,870 |
| 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 | $1,036,115 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,174,985 |
| Net assets without donor restrictions | -$490,596 |
| Net assets with donor restrictions | $13,275 |
| 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 | $697,664 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Northeast Kingdom Learning Services has recieved totaling $8,184.
| Awarding Organization | Amount |
|---|---|
Lets Grow Kids Inc Middlebury, VT PURPOSE: PROGRAM DEVELOPMENT | $8,099 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $85 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bellwether Education Partners Inc Sudbury, MA | $12,819,060 | $18,147,451 |
Workforce Development Institute Inc Albany, NY | $2,796,326 | $10,204,057 |
Vhs Inc Maynard, MA | $2,159,485 | $7,029,751 |
United For Respect Education Fund Brooklyn, NY | $7,552,270 | $7,410,651 |
1st Street Foundation Inc Brooklyn, NY | $4,623,074 | $8,726,760 |
More Than Words Inc Boston, MA | $15,091,779 | $6,459,719 |
Leading Edge Alliance Inc New York, NY | $10,397,327 | $8,264,467 |
Nashua Adult Learning Center Inc Nashua, NH | $5,002,850 | $5,676,963 |
Vermont Adult Learning Inc Waitsfield, VT | $1,289,780 | $4,391,996 |
Read To Lead Inc New York, NY | $3,901,385 | $3,177,958 |
Foundation For Civic Leadership Inc Cambridge, MA | $2,419,879 | $3,718,020 |
Resource Training Center Inc Staten Island, NY | $1,509,183 | $2,732,050 |