Higher Learning Advocates Inc
- Assets
- $391.5k
- Revenue
- $801.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Washington, DC
- Founding
- 02/2017
- Data as of
- 03/2023
- EIN
- 81-4690411
Organization Overview
Higher Learning Advocates Inc is located in Washington, DC. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 03/2023, Higher Learning Advocates Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Higher Learning Advocates 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 03/2023, Higher Learning Advocates Inc generated $801.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.7m during the year ending 03/2023. While expenses have increased by 11.9% per year over the past 6 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATIONS: THROUGH MEDIA AND PUBLIC ENGAGEMENT, HIGHER LEARNING ADVOCATES WORKS TO BUILD SUPPORT FOR REFORMING THE NATION'S POSTSECONDARY EDUCATION POLICIES AND ELEVATE NEW PERSPECTIVES THROUGH ELEVATING A DIVERSE SET OF VOICES.
GOVERNMENT RELATIONS: HIGHER LEARNING ADVOCATES EDUCATES AND INFORMS BIPARTISAN POLICYMAKERS ON ISSUES RELATED TO THE ORGANIZATION'S MISSION, INCLUDING WHO TODAY'S STUDENTS ARE.
POLICY AND ADVOCACY: HIGHER LEARNING ADVOCATES CONDUCTS RIGOROUS POLICY ANALYSIS, PROVIDES EXPERT TESTIMONY, AND EDUCATES POLICYMAKERS ON KEY ISSUES RELATED TO ITS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Bustamante Chair | OfficerTrustee | 1 | $0 |
Dewayne Matthews Treasurer | OfficerTrustee | 1 | $0 |
George Miller Secretary | OfficerTrustee | 1 | $0 |
Michael D'ausilio Director | Trustee | 1 | $0 |
Teresa Lubbers Director | Trustee | 1 | $0 |
Luke Messer Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Penn Hill Group Policy & Outreach Consulting Support | 3/30/23 | $121,000 |
Tracy Sefl Strategic Communications | 3/30/23 | $100,723 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $773,941 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $773,941 |
| Total Program Service Revenue | $25,908 |
| Investment income | $1,715 |
| 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 | $801,564 |
| 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. | $282,907 |
| Compensation of current officers, directors, key employees. | $42,436 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $567,184 |
| Pension plan accruals and contributions | $6,988 |
| Other employee benefits | $170,016 |
| Payroll taxes | $61,781 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $51,079 |
| Fees for services: Lobbying | $36,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $264,660 |
| Advertising and promotion | $0 |
| Office expenses | $136,659 |
| Information technology | $6,461 |
| Royalties | $0 |
| Occupancy | $15,311 |
| Travel | $24,602 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,441 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,094 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,723,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $298,332 |
| Pledges and grants receivable | $60,908 |
| 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 | $15,735 |
| Net Land, buildings, and equipment | $13,817 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,690 |
| Other assets | $0 |
| Total assets | $391,482 |
| Accounts payable and accrued expenses | $125,476 |
| 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 | $125,476 |
| Net assets without donor restrictions | -$167,468 |
| Net assets with donor restrictions | $433,474 |
| 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 | $391,482 |