Abc Learning Centre Inc
- Assets
- $916.0k
- Revenue
- $1.6m
- Investments
- $252.3k
- Employees
- 37
- Location
- Columbus, IN
- Founding
- 06/1973
- Data as of
- 05/2023
- EIN
- 35-1178392
Organization Overview
Abc Learning Centre Inc, operating under the name Abc-Stewart School, is located in Columbus, IN. The organization was established in 1973. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 05/2023, Abc-Stewart School employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abc-Stewart School 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 05/2023, Abc-Stewart School generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.5m during the year ending 05/2023. While expenses have increased by 1.7% 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
PRE-SCHOOL AND ELEMENTARY EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED PRE-SCHOOL AND ELEMENTARY EDUCATION TO OVER 200 STUDENTS. NON-DENOMINATIONAL AND EQUAL OPPORTUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Brockhaus Director | Trustee | $0 | |
Thomas Carmichael Director | Trustee | $0 | |
Dominic Glover Director | Trustee | $0 | |
Kevin Johnson Director | Trustee | $0 | |
Polly Kramer Director | Trustee | $0 | |
Roberta Kroot Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $44,539 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,504 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,043 |
| Total Program Service Revenue | $1,490,569 |
| Investment income | $2,434 |
| 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 | $1,551,383 |
| 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 | $1,082,580 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $136,738 |
| Payroll taxes | $84,053 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,087 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,208 |
| Advertising and promotion | $1,824 |
| Office expenses | $37,561 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $119,749 |
| Travel | $2,530 |
| 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 | $6,131 |
| Total functional expenses | $1,535,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,233 |
| Savings and temporary cash investments | $497,265 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $162,168 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $252,343 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $916,009 |
| Accounts payable and accrued expenses | $80,554 |
| 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 | $0 |
| Total liabilities | $80,554 |
| Net assets without donor restrictions | $784,822 |
| Net assets with donor restrictions | $50,633 |
| 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 | $916,009 |