Patrick Beaver Learning Resource Center Incorporated is located in Hickory, NC. The organization was established in 1999. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, 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. Patrick Beaver Learning Resource Center Incorporated 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 06/2023, Patrick Beaver Learning Resource Center Incorporated generated $119.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $134.8k during the year ending 06/2023. 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
EMPOWERS STRUGGLING READERS, EDUCATES THEIR PARENTS, AND TRAINS THEIR TEACHERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Fisher Vice Chair | 0.25 | $0 | |
Kim Frankel Board Member | 0.25 | $0 | |
Michele Hewitt Board Member | 0.25 | $0 | |
Michael Lemke Chair | 0.25 | $0 | |
Nancy Bledsoe Board Member | 0.25 | $0 | |
Thomas Griffis Board Member | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,374 |
| Total Program Service Revenue | $2,750 |
| Membership dues | $0 |
| Investment income | $12,548 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $119,672 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,899 |
| Professional fees and other payments to independent contractors | $1,150 |
| Occupancy, rent, utilities, and maintenance | $9,958 |
| Printing, publications, postage, and shipping | $5,060 |
| Other expenses | $65,751 |
| Total expenses | $134,818 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,698 |
| Other assets | $0 |
| Total assets | $147,220 |
| Total liabilities | $1,052 |
| Net assets or fund balances | $146,168 |