Learn To Earn Dayton
- Assets
- $1.7m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Dayton, OH
- Founding
- 06/2016
- Data as of
- 06/2021
- EIN
- 81-0823777
Organization Overview
Learn To Earn Dayton is located in Dayton, OH. The organization was established in 2016. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Learn To Earn Dayton 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 06/2021, Learn To Earn Dayton generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $2.6m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 5 years. 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
OUR MISSION IS TO ENSURE THAT CHILDREN IN THE DAYTON, OHIO REGION ARE SUCCESSFUL STUDENTS AND ULTIMATELY SUCCESSFUL IN THE WORLD OF WORK. OUR COMMUNITY'S VITALITY AND ITS ATTRACTIVENESS TO EMPLOYERS DEPEND ON HAVING EDUCATED CITIZENS AND A KNOWLEDGEABLE AND SKILLED WORKFORCE. OUR VISION IS THAT, TOGETHER WITH OUR PARTNERS, LEARN TO EARN DAYTON WILL WORK TO ENSURE THAT EVERY YOUNG PERSON IN THE DAYTON REGION IS READY TO LEARN BY KINDERGARTEN AND READY TO EARN UPON GRADUATION FROM COLLEGE OR AFTER EARNING A HIGH QUALITY CREDENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EQUITY WORK. ENSURE ALL STUDENTS IN THE DAYTON, OHIO AREA HAVE EQUAL OPPORTUNITIES IN EDUCATION.
COLLEGE AND CAREER READINESS. MONTGOMERY COUNTY SET A GOAL THAT BY 2025, 60% OF WORKING-AGE ADULTS WILL HAVE A POSTSECONDARY CREDENTIAL. IN PARTNERSHIP WITH MONTGOMERY COUNTY'S PUBLIC SCHOOLS AND THE REGION'S 2- AND 4-YEAR COLLEGES, LEARN TO EARN DAYTON ALIGNS PARTNERS AROUND COMMUNITY GOALS AND CENTERS ITS WORK TO BUILD EQUITY. THEY IDENTIFY EVIDENCE-BASED SUPPORTS, WORK WITH STAKEHOLDERS, AND BRING BEST PRACTICES TO STUDENTS AND FAMILIES.
KINDERGARTEN READINESS. LEARN TO EARN DAYTON PARTNERS WITH EARLY CHILDHOOD PROVIDERS AND COMMUNITY PARTNERS TO ENSURE CHILDREN BIRTH TO AGE 5 HAVE ACCESS TO THE HIGH-QUALITY SERVICES AND RESOURCES THEY NEED TO BE FULLY READY FOR KINDERGARTEN. PARTICULAR ATTENTION IS GIVEN TO CLOSING OPPORTUNITY GAPS FOR BLACK AND LATINO STUDENTS AND STUDENTS EXPERIENCING POVERTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Lasley Chief Executive Officer | Officer | 40 | $124,152 |
Marie Giffen Director Of Finance | Officer | 12 | $27,201 |
Colleen Ryan Chair | OfficerTrustee | 2.5 | $0 |
Rusty Clifford Treasurer | OfficerTrustee | 1.25 | $0 |
Ron Budzik Past Chair | OfficerTrustee | 1.25 | $0 |
Kippy Ungerleider Vice Chair | OfficerTrustee | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $151,953 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,416,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,567,953 |
| Total Program Service Revenue | $0 |
| Investment income | $687 |
| 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 | $2,568,640 |
| 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. | $151,353 |
| Compensation of current officers, directors, key employees. | $41,384 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $474,341 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,114 |
| Fees for services: Accounting | $13,385 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,071 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $315,775 |
| Advertising and promotion | $10,035 |
| Office expenses | $21,702 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,901 |
| 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 | $1,150 |
| Insurance | $6,256 |
| All other expenses | $59,007 |
| Total functional expenses | $2,554,840 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,297,333 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $185,779 |
| 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 | $60,086 |
| Net Land, buildings, and equipment | $1,662 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $200,000 |
| Total assets | $1,744,860 |
| Accounts payable and accrued expenses | $89,121 |
| Grants payable | $0 |
| Deferred revenue | $620,069 |
| 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 | $709,190 |
| Net assets without donor restrictions | $592,633 |
| Net assets with donor restrictions | $443,037 |
| 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 | $1,744,860 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Learn To Earn Dayton has recieved totaling $365,616.
| Awarding Organization | Amount |
|---|---|
Strivetogether Inc Cincinnati, OH PURPOSE: Challenge Fund | $250,000 |
The Spurlino Foundation Odessa, FL PURPOSE: GENERAL OPERATING | $75,000 |
Strivetogether Inc Cincinnati, OH PURPOSE: Together For Students Year 3 Learning Youth Engagement Initiative | $25,610 |
Cleveland Foundation Cleveland, OH PURPOSE: TO SUPPORT THE HUBER HEIGHTS HOMEWORK ASSISTANCE PROGRAM | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youngstown State University Foundation Youngstown, OH | $318,269,128 | $38,933,738 |
Michigan State University Foundation East Lansing, MI | $535,425,307 | $55,850,938 |
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Kent State University Foundation Kent, OH | $245,939,628 | $27,886,498 |
University Of Akron Foundation Akron, OH | $205,506,114 | $14,662,521 |
School Employees Benefit Trust Cincinnati, OH | $16,584,284 | $19,989,967 |
Marshall University Foundation Incorporated Huntington, WV | $365,151,220 | $39,444,191 |
Friends Of Breakthrough Schools Cleveland, OH | $75,617,435 | $14,315,646 |
Eastern Michigan University Foundation Ypsilanti, MI | $82,145,619 | $14,420,618 |
Michigan Tech Fund Houghton, MI | $217,061,508 | $42,674,434 |
Ers Strategic Properties Inc Rootstown, OH | $122,229,530 | $11,683,070 |
Employee Benefit Trust Of Northampton Co Area Community Coll Bethlehem, PA | $1,194,772 | $10,407,527 |