The Attic Learning Community
- Assets
- $4.7m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 35
- Location
- Woodinville, WA
- Founding
- 03/2002
- Data as of
- 07/2022
- EIN
- 91-1995483
Organization Overview
The Attic Learning Community is located in Woodinville, WA. The organization was established in 2002. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 07/2022, Attic Learning Community employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Attic Learning Community 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 07/2022, Attic Learning Community generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.7m during the year ending 07/2022. While expenses have increased by 0.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES DEVELOPMENTAL LEARNING AS AN ALTERNATIVE TO TRADTIONAL SCHOOLING AVAILABLE IN THE COMMUNITY BY FURNISHING EDUCATION WHICH FOSTERS ADAPTABILITY, COMMUNICATION, COLLABORATION, AND PLAY. THE SCHOOL IS EXCLUSIVELY A CHARITABLE AND EDUCATIONAL ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING INNOVATIVE EDUCATION WHICH FOSTERS ADAPTABILITY, COMMUNICATION, COLLABORATION, AND PLAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika M Wright Executive Dir. | Officer | 45 | $93,662 |
Marisa Stone Secretary | OfficerTrustee | 4 | $0 |
Karen Lefohn President | Officer | 4 | $0 |
Rajesh Velji Treasurer | Officer | 4 | $0 |
Greg Jones Director | Trustee | 4 | $0 |
Tony Miller Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $118,826 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $113,896 |
| Noncash contributions included in lines 1a–1f | $23,655 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $232,722 |
| Total Program Service Revenue | $1,533,658 |
| Investment income | $221 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $510,540 |
| Net Income from Fundraising Events | -$20,370 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,256,771 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $195,826 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,896 |
| Compensation of current officers, directors, key employees. | $46,948 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $919,324 |
| Pension plan accruals and contributions | $25,677 |
| Other employee benefits | $121,663 |
| Payroll taxes | $88,614 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,294 |
| Advertising and promotion | $3,288 |
| Office expenses | $26,242 |
| Information technology | $44,025 |
| Royalties | $0 |
| Occupancy | $97,973 |
| Travel | $0 |
| 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 | $81,016 |
| Insurance | $12,108 |
| All other expenses | $0 |
| Total functional expenses | $1,679,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $309,998 |
| Savings and temporary cash investments | $1,130,572 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $701,674 |
| 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 | $37,155 |
| Net Land, buildings, and equipment | $2,210,361 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $268,716 |
| Other assets | $0 |
| Total assets | $4,658,476 |
| Accounts payable and accrued expenses | $19,598 |
| Grants payable | $0 |
| Deferred revenue | $1,177,900 |
| 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 | $984,263 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,181,761 |
| Net assets without donor restrictions | $2,476,715 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $4,658,476 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Attic Learning Community has recieved totaling $58,365.
| Awarding Organization | Amount |
|---|---|
Bny Mellon Charitable Gift Fund Boston, MA PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $30,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $27,568 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $797 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Evergreen School Shoreline, WA | $54,109,732 | $18,688,724 |
University Child Development School Seattle, WA | $35,789,355 | $15,422,217 |
Seattle Country Day School Seattle, WA | $55,770,404 | $17,470,349 |
St Thomas School Medina, WA | $79,286,782 | $15,883,490 |
French American School Of Puget Sound Mercer Island, WA | $16,865,271 | $13,425,838 |
The Open Window School Bellevue, WA | $36,380,827 | $12,092,167 |
Gresham Arthur Academy Public Charter School Portland, OR | $14,718,484 | $9,208,791 |
Kings Way Christian Schools Vancouver, WA | $6,224,718 | $10,439,261 |
The Bertschi School Seattle, WA | $29,979,926 | $9,759,275 |
Northwest Christian Schools Inc Colbert, WA | $28,921,822 | $10,264,854 |
Meridian School Seattle, WA | $11,104,364 | $8,438,770 |
Santiam Christian Schools Adair Village, OR | $11,670,742 | $5,933,883 |