Lifelong Learners An Independent Collaborative Inc is located in Wayland, MA. The organization was established in 2014. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifelong Learners An Independent Collaborative 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, Lifelong Learners An Independent Collaborative Inc generated $62.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $66.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTE & PROVIDE CLASSROOM LIFELONG LEARNING OPPORTUNTIES FOR SENIORS. THESE OPPORTUNITIES ARE DESIGNED TO SOCIALLY ENGAGE INDIVIDUALS IN STIMULATING, FUN AND REWARDING ACTIVITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Mansfield Director | 2 | $0 | |
Joel Shwimer Treasurer | 5 | $0 | |
Shelly Levine President | 15 | $0 | |
Mary Mansfield Clerk | 3 | $0 | |
Maryann Wyner Director | 2 | $0 | |
Alice Freedman Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,235 |
| Total Program Service Revenue | $34,955 |
| Membership dues | $20,525 |
| Investment income | $2,664 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,379 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $45,984 |
| Occupancy, rent, utilities, and maintenance | $6,378 |
| Printing, publications, postage, and shipping | $14 |
| Other expenses | $13,756 |
| Total expenses | $66,132 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,501 |
| Other assets | $0 |
| Total assets | $112,501 |
| Total liabilities | $10,150 |
| Net assets or fund balances | $102,351 |