Illuminations Center For Dyslexia Inc
- Assets
- $43.7k
- Revenue
- $238.0k
- Investments
- $0.0
- Employees
- 10
- Location
- Meridian, MS
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-3165332
Organization Overview
Illuminations Center For Dyslexia Inc is located in Meridian, MS. The organization was established in 2014. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2021, Illuminations Center For Dyslexia Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illuminations Center For Dyslexia 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 12/2021, Illuminations Center For Dyslexia Inc generated $238.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $216.2k during the year ending 12/2021. While expenses have increased by 11.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES ONE-ON-ONE AND SMALL GROUP INSTRUCTION FOR STUDENTS WITH READING DIFFICULTIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF ILLUMINATIONS CENTER FOR DYSLEXIA IS TO MAIXIMIZE THE POTENTIAL OF CHILDREN WITH LANGUAGE-BASED LEARNING DIFFERENCES USING HIGHLY INDIVIDUALIZED, MULTI-SENSORY, RESEARCH-BASED INSTRUCTION; EMPOWERING STUDENTS TO UTILIZE THEIR STRENGTHS TO THINK, IMAGINE, AND CREATE IN A STIMULATING AND SUPPORTIVE ENVIRONMENT THAT CULTIVATES INTELLECTUAL, SOCIAL, AND EMOTIONAL GROWTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Mccarty Vice President | OfficerTrustee | 0 | $0 |
Carol Hailey Secretary | OfficerTrustee | 0 | $0 |
Cade Carson President | OfficerTrustee | 0 | $0 |
Andrea Germany Treasurer | OfficerTrustee | 0 | $0 |
Leta Palmiter Executive Director | Officer | 40 | $0 |
Jennifer Coleman Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,501 |
| Related organizations | $0 |
| Government grants | $12,785 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,988 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,274 |
| Total Program Service Revenue | $173,767 |
| 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 | $238,041 |
| 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. | $67,999 |
| Compensation of current officers, directors, key employees. | $20,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,741 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,569 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,621 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,876 |
| Advertising and promotion | $777 |
| Office expenses | $5,982 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,471 |
| Travel | $480 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,386 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $350 |
| All other expenses | $4,311 |
| Total functional expenses | $216,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,729 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,994 |
| 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 | $43,723 |
| Accounts payable and accrued expenses | $3,716 |
| 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 | $3,716 |
| 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 | $40,007 |
| Total liabilities and net assets/fund balances | $43,723 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Illuminations Center For Dyslexia Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Phil Hardin Foundation Meridian, MS PURPOSE: DYSLEXIA THERAPY CHARITY AID | $15,000 |
Peer Organizations
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|---|---|---|
Learning Tree Inc Mobile, AL | $13,575,591 | $30,944,121 |
Currey Ingram Academy Brentwood, TN | $68,664,811 | $19,766,895 |
Magnolia Community Services Inc Jefferson, LA | $29,222,261 | $19,467,265 |
Cares Center Inc Jackson, MS | $2,449,159 | $17,114,688 |
The Elizabeth Richardson Center Inc Fayetteville, AR | $5,939,188 | $10,158,731 |
Kings Daughters School Of Maury County Tennessee Columbia, TN | $22,315,744 | $10,828,649 |
Civitan Center Benton, AR | $7,426,072 | $8,172,929 |
Democracy Prep Louisiana Charter School Baton Rouge, LA | $3,691,538 | $8,557,999 |
C B King Memorial School Inc Mcgehee, AR | $4,468,962 | $8,314,228 |
Building Bridges Developmental And Community Services Inc Lonoke, AR | $6,531,650 | $8,766,866 |
Sunshine School & Development Center Rogers, AR | $4,897,076 | $5,947,490 |
Learning Center Of Northeast Arkansas Inc Jonesboro, AR | $6,502,084 | $6,749,904 |