Lara Educational Opportunities Inc
- Assets
- $75.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, IN
- Founding
- 05/2009
- Data as of
- 12/2023
- EIN
- 26-3611565
Organization Overview
Lara Educational Opportunities Inc is located in Lafayette, IN. The organization was established in 2009. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lara Educational Opportunities 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, Lara Educational Opportunities Inc generated $125.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $157.5k during the year ending 12/2023. While expenses have increased by 22.7% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
WORK TO HELP PROVIDE YOUTH AND ADULT INSTRUCTION IN ACADEMIC, LIFE, AND WORKFORCE SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Hackerd CFO | 2.5 | $0 | |
Amy Wood CEO | 2.5 | $71,140 | |
Steve Bultinck President | 2.5 | $0 | |
Manuel Vela Treasurer | 2.5 | $0 | |
Corie Shaner Secretary | 2.5 | $0 | |
Julia Snipes Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,652 |
| Total Program Service Revenue | $11,621 |
| Membership dues | $0 |
| Investment income | $143 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$6,117 |
| Other Revenue | $4,103 |
| Total Revenue | $125,402 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,168 |
| Occupancy, rent, utilities, and maintenance | $71,490 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $81,812 |
| Total expenses | $157,470 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,082 |
| Other assets | $0 |
| Total assets | $75,082 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,082 |