Earn To Learn Fl Inc is located in Fort Myers, FL. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Earn To Learn FL Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Earn To Learn FL 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, Earn To Learn FL Inc generated $987.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 29.9% per year over the past 8 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
THE ORGANIZATION ENVISIONS A WORLD WITHOUT BARRIERS TO HIGHER EDUCATION TO ENSURE THAT FLORIDA'S STUDENTS GRADUATE ON TIME, CAREER READY, AND WITH MINIMAL STUDENT LOAN DEBT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MATCHED SAVINGS FOR EDUCATION: STUDENTS AND THEIR FAMILIES WHO INCOME- QUALIFY ARE ELIGIBLE TO APPLY FOR A 1,3,OR 4-YEAR TUITION SCHOLARSHIP UPON COMPLETING PERSONAL FINANCE TRAINING AND OPENING A FLORIDA 529 SAVINGS ACCOUNT. THE FUNDS - ETLFL MATCHED SAVINGS FOR EDUCATION SCHOLARSHIP PLUS FLORIDA 529 SAVINGS ACCOUNT - ARE USED FOR TUITION, BOOKS, FEES, AND OTHER APPROVED EDUCATIONAL RELATED EXPENSES AT A FLORIDA STATE UNIVERSITY, COLLEGE, OR CAREER AND TECHNICAL EDUCATION CENTER. EARN TO LEARN FL LEVERAGED A MODEST 100,000 U.S. DEPARTMENT OF HEALTH & HUMAN RESOURCES (ASSETS FOR INDEPENDENCE) GRANT IN 2016 INTO A VIABLE AND SCALABLE PROGRAM. SINCE THEN, ETLFL HAS RAISED OVER 1.8 MILLION IN INDIVIDUAL CORPORATE, AND ACADEMIC INSTITUTION PHILANTHROPY IN FLORIDA TO PROVIDE ANNUALLY RENEWABLE MATCHED SAVINGS FOR EDUCATION SCHOLARSHIPS TO 125+ ELIGIBLE STUDENTS, WITH ADDITIONAL FUTURE STUDENT SCHOLARSHIPS IN INVENTORY PURCHASED AND LEVERAGED THROUGH PARTNERSHIP WITH THE FLORIDA PREPAID COLLEGE FOUNDATION. IN ADDITION TO SCHOLARSHIP FUNDING, THE ELIGIBLE ETLFL STUDENTS WILL AIM TO SAVE OVER 250,000 TO INVEST IN THEIR EDUCATION THROUGH FL 529 ACCOUNTS, WITH ADDITIONAL 529 SAVINGS INCREASING WITH FUTURE SCHOLARSHIP RECIPIENTS. ADDITIONAL FUNDING ALLOWS ETLFL TO FURTHER CONTINUE ITS STRONG SUCCESS IN LEVERAGING FUNDS, SUPPORTING SUSTAINABILITY AND BROADENING THE CURRENT PROGRAM'S SCOPE TO FLORIDA'S OTHER UNIVERSITIES, COLLEGES AND CAREER AND TECHNICAL EDUCATION CENTERS.
NEAR PEER COACHING FOR POSTSECONDARY SUCCESS: ETLFL TRAINS AND DEPLOYS NEAR PEER COACHES TO SUPPORT INCOME CHALLENGED STUDENTS IN THE AREAS OF POSTSECONDARY ACCESS, PERSONAL FINANCE TRAINING, AND CAREER PLANNING. NEAR PEER COACHES SUPPORT STUDENT PREPARATION AND SUCCESS STRATEGIES TO SUCCESSFULLY PURSUE THEIR HIGHER EDUCATION. ETLFL RECRUITS, TRAINS, AND DEPLOYS NEAR PEER SUCCESS COACHES (AMERICORPS MEMBERS) TO PROVIDE NEAR-PEER INTERVENTIONS TO DISADVANTAGED HIGH SCHOOL STUDENTS AND FIRST-GENERATION COLLEGE STUDENTS. BY THE END OF EACH PROGRAM YEAR (AUGUST 1 - JULY 31), THE NEAR PEER SUCCESS COACHES ARE RESPONSIBLE FOR PROVIDING INDIVIDUAL HIGHER EDUCATION ADVISORY INTERVENTIONS TO STUDENTS TO SUCCESSFULLY COMPLETE 1) PERSONAL FINANCE TRAINING, 2) CAREER PLAN DEVELOPMENT, 3) COLLEGE AND MAJORS LIST DEVELOPMENT, 4) POSTSECONDARY APPLICATION STRATEGY, AND 5) SCHOLARSHIP AND FINANCIAL AID STRATEGY. THE NEAR PEER SUCCESS COACHES ALSO LEVERAGE CAREER GUIDANCE COUNSELORS ENGAGED IN IMPLEMENTING COLLEGE AND CAREER FAIRS, CONDUCTING GROUP WORKSHOPS, AND FACILITATING COLLEGE VISITS TO A BROADER POPULATION OF STUDENTS AT EACH PARTNER SERVICE SITE. EACH YEAR, OPPORTUNITIES TO EARN ETLFL MATCHED SAVINGS FOR EDUCATION SCHOLARSHIPS ARE OFFERED TO HIGH SCHOOL SENIORS WITH PRIORITY GIVEN TO STUDENTS WHO HAVE BEEN NEAR PEER SUCCESS COACHED. ALL SCHOLARSHIP RECIPIENTS ARE REQUIRED TO COMPLETE PERSONAL FINANCE TRAINING AND OPEN A FL 529 SAVINGS ACCOUNT PRIOR TO THEIR SCHOLARSHIP AWARD AND TO CONTINUE WORKING WITH A NEAR PEER SUCCESS COACH AFTER THEIR SCHOLARSHIP AWARD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kimberly Dye Director | Trustee | 2 | $0 |
Nancy Merolla Treasurer | OfficerTrustee | 5 | $0 |
Lori Monserrat Secretary | OfficerTrustee | 2 | $0 |
Lisa Simington Chair | OfficerTrustee | 10 | $0 |
John Slavik Director | Trustee | 2 | $0 |
Brenda Tate CEO | OfficerTrustee | 40 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $63,053 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $841,460 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $904,513 |
Total Program Service Revenue | $0 |
Investment income | $13,794 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $69,037 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $987,376 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,135,068 |
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 | $34,908 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,640 |
Payroll taxes | $9,178 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,783 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $7,060 |
Fees for services: Other | $161,328 |
Advertising and promotion | $0 |
Office expenses | $6,243 |
Information technology | $2,723 |
Royalties | $0 |
Occupancy | $4,122 |
Travel | $1,340 |
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 | $2,683 |
All other expenses | $5,698 |
Total functional expenses | $1,492,653 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
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 | $0 |
Over the last fiscal year, Earn To Learn Fl Inc has awarded $40,978 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
GIRL SCOUTS OF GULFCOAST FLORIDA PURPOSE: SPARK GRANT | $10,000 |
PACE CENTER FOR GIRLS COLLIER PURPOSE: SPARK GRANT | $15,675 |
NEW HORIZONS OF SW FL PURPOSE: FALL 2016 ELEVATE HER MATCHING GRANTS | $5,000 |
HUMAN TRAFFICKING PARTNERSHIP PURPOSE: GRANT AGAINST HUMAN TRAFFICKING | $5,003 |
OUR MOTHERS HOME PURPOSE: GRANT FOR ORGANIZATION PROGRAM | $5,300 |