Learning Institute Of Philadelphia Inc
- Assets
- $74.9k
- Revenue
- $230.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Philadelphia, PA
- Founding
- 11/2013
- Data as of
- 12/2023
- EIN
- 45-2279605
Organization Overview
Learning Institute Of Philadelphia Inc is located in Philadelphia, PA. The organization was established in 2013. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Learning Institute Of Philadelphia Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learning Institute Of Philadelphia 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, Learning Institute Of Philadelphia Inc generated $230.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $213.5k during the year ending 12/2023. While expenses have increased by 1.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BEFORE CARE,DAY CARE, AFTER CARE, TRANSPORTATION, MEALS, SUMMER CAMP PROGRAMS, EDUCATIONAL AND SCIENTIFIC FIELD TRIPS AND RECREATIONAL PROGRAMS ENCOURAGING GOOD CITIZENSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUBSIDIZED CHILD CARE FOR SCHOOL AGE CHILDREN LIVING IN UNDERSERVED AREAS OF PHILADELPHIA, PA. PROVIDED A SAFE AND NUTURING, STRUCTURED EDUCATIONAL ENVIRONMENT FOR SEVERAL HUNDRED CHILDREN DURING THE YEAR. BUILT TRUST AND GOOD CITIZENSHIP IN THE COMMUNITIES SERVED STARTING WITH THE CHILDREN AND PARENTAL/GUARDIAN INVOLVEMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tonia Covington Treasurer | Officer | 10 | $0 |
Dollyne Wayman-Brody X Secretary | Officer | 10 | $0 |
Dewetta Logan President | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $230,570 |
| 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 | $230,570 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $230,593 |
| 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 | $77,849 |
| Pension plan accruals and contributions | $1,066 |
| Other employee benefits | $4,427 |
| Payroll taxes | $6,230 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,970 |
| Advertising and promotion | $4,489 |
| Office expenses | $13,358 |
| Information technology | $2,261 |
| Royalties | $0 |
| Occupancy | $50,800 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,515 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,293 |
| Insurance | $6,224 |
| All other expenses | $12,788 |
| Total functional expenses | $213,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,626 |
| Savings and temporary cash investments | $0 |
| 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 | $51,292 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $74,918 |
| Accounts payable and accrued expenses | $10,000 |
| 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 | $92,759 |
| Total liabilities | $102,759 |
| Net assets without donor restrictions | -$27,841 |
| 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 | $74,918 |