Graceland College Center For Prof Dev & Lifelong Learning Inc
- Assets
- $19.5m
- Revenue
- $23.5m
- Investments
- $0.0
- Employees
- 126
- Location
- Mission, KS
- Founding
- 11/1994
- Data as of
- 05/2022
- EIN
- 43-1685651
Organization Overview
Graceland College Center For Prof Dev & Lifelong Learning Inc is located in Mission, KS. The organization was established in 1994. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 05/2022, Graceland College Center For Prof Dev & Lifelong Learning Inc employed 126 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Graceland College Center For Prof Dev & Lifelong Learning 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 05/2022, Graceland College Center For Prof Dev & Lifelong Learning Inc generated $23.5m 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 (14.1%) each year. All expenses for the organization totaled $17.9m during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (17.3%) per year over the past 7 years. 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
LIFELONG PROFESSIONAL DEVELOPMENT AND CONTINUING EDUCATION FOR ADULTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PRESENTED APPROXIMATELY 8,902 SEMINARS TO PARTICIPANTS FOR CONTINUING EDUCATION AND PROFESSIONAL AND PERSONAL DEVELOPMENT.THE FEDERALLY MANDATED COVID-19 RESTRICTIONS CONTINUED TO ADVERSELY AFFECT REVENUE. CHANGES MADE IN THE PRIOR YEAR TO THE BUSINESS MODEL AND DELIVERY SYSTEM ALLOW THE CENTER TO CONTINUE PROVIDING TRAINING IN A SAFE, VIRTUAL ENVIRONMENT. THE CENTER HAS BEGUN TO HOLD SOME LIVE SEMINARS, BUT THE VAST MAJORITY ARE STILL VIRTUAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Markey CEO | Officer | 50 | $339,550 |
Cameron Bishop Former CEO - Until 4/20/20 | 0 | $233,331 | |
Abby Sitzmann CFO | Officer | 50 | $220,001 |
Kortney Clark VP - Training Operations | Officer | 50 | $201,631 |
Kenneth Baltzell VP - Information Technology | Officer | 40 | $183,935 |
Jennifer Barrington VP - Digital Marketing | Officer | 50 | $173,664 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
David Roby Training | 5/30/20 | $122,251 |
Summit Leadership Team Llc Training | 5/30/20 | $126,362 |
Summit Leadership Team Llc Training | 5/30/20 | $126,362 |
David Roby Training | 5/30/20 | $122,251 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,233,730 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,233,730 |
| Total Program Service Revenue | $18,110,002 |
| Investment income | $608 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $98,102 |
| 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 | $1,069,399 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,513,546 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000,000 |
| 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. | $1,418,522 |
| Compensation of current officers, directors, key employees. | $1,071,279 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,708,957 |
| Pension plan accruals and contributions | $99,648 |
| Other employee benefits | $1,544,860 |
| Payroll taxes | $630,331 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,921 |
| Fees for services: Accounting | $92,648 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $118,809 |
| Advertising and promotion | $794,181 |
| Office expenses | $56,166 |
| Information technology | $1,021,151 |
| Royalties | $0 |
| Occupancy | $300,182 |
| Travel | $27,069 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,320,913 |
| Interest | $87,068 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $792,611 |
| Insurance | $87,009 |
| All other expenses | $0 |
| Total functional expenses | $17,946,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,222,401 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,135,216 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $175,513 |
| Prepaid expenses and deferred charges | $552,751 |
| Net Land, buildings, and equipment | $9,525,805 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $911,283 |
| Other assets | $1,954,425 |
| Total assets | $19,477,394 |
| Accounts payable and accrued expenses | $2,884,557 |
| Grants payable | $0 |
| Deferred revenue | $3,254,350 |
| 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 | $643,687 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,000,000 |
| Total liabilities | $8,782,594 |
| Net assets without donor restrictions | $10,694,800 |
| 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 | $19,477,394 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pryor Learning Inc Mission, KS | $40,300,211 | $32,670,383 |
Educause Boulder, CO | $45,912,990 | $23,875,929 |
Graceland College Center For Prof Dev & Lifelong Learning Inc Mission, KS | $19,477,394 | $23,513,546 |
International School Of Denver Inc Denver, CO | $37,011,628 | $17,937,302 |
Aspen Global Change Institute Inc Basalt, CO | $40,273,287 | $16,176,198 |
Literacy Kansas City Kansas City, MO | $1,783,046 | $2,841,106 |
In His Image International Inc Tulsa, OK | $3,455,358 | $3,136,702 |
Street Business School Niwot, CO | $2,508,197 | $1,732,251 |
Bicycle Colorado Denver, CO | $923,055 | $2,339,915 |
Learning Resources Network Inc Manhattan, KS | $1,529,261 | $2,126,100 |
Hi-Tech Charities Saint Louis, MO | $4,192,026 | $2,946,711 |
Compassion & Choices Action Network Littleton, CO | $14,650,551 | $2,030,368 |