Overview
What is The Learning Alliance Inc?
The Learning Alliance Inc, located in Vero Beach, Florida, is a nonprofit organization dedicated to boosting student literacy rates. Serving approximately 5,115 students and educators, their mission is to equip frontline educators with the necessary knowledge, skills, and resources to effectively teach reading to all children. Their efforts are in line with Indian River County's Moonshot Moment goal, aiming for 90% of third-graders to read at their grade level. With a team of 15 individuals, The Learning Alliance Inc actively works to connect, support, and celebrate those contributing to this significant literacy initiative.
Official website here: www.thelearningalliance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% - Four-Star out of Four Star Rating from Charity Navigator.
The Learning Alliance Inc has achieved a high rating of 97% from Charity Navigator, indicating a strong commitment to accountability and financial management. The organization excels in various aspects such as having a fully independent board, robust financial oversight, and a solid program expense ratio of 90.77%, which suggests that the majority of funds are directed towards its programs rather than administrative costs.
Key strengths include the presence of comprehensive policies like conflict of interest, whistleblower, and document retention policies, all of which are critical for maintaining transparency and ethical governance. The organization also boasts a low liabilities to assets ratio and exceptional fundraising efficiency, demonstrating effective resource management and minimal financial risk.
While the data reflects a strong financial health and governance structure, a thorough impact assessment based on program outcomes could provide a more complete picture of its effectiveness. Overall, the Learning Alliance Inc stands out as a highly accountable and efficiently run nonprofit organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Learning Alliance Inc legitimate?
The Learning Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Learning Alliance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $236,201
Professional Fundraising Fees: $0
Other Salaries and Wages: $577,762
For more financial information, click here
Official website here: www.thelearningalliance.org
What is the mission statement of The Learning Alliance Inc?
The Learning Alliance Inc's mission is centered around significantly enhancing student literacy. They accomplish this by equipping frontline educators with the necessary knowledge, skills, and resources, enabling them to effectively teach reading to all children. By doing so, The Learning Alliance aims to contribute to improving literacy levels across various student populations. They serve approximately 5,115 students and teachers, actively supporting and celebrating individuals who are part of the initiative to meet Indian River County's Moonshot Moment goal – ensuring that 90% of third-graders read at their grade level.
Official website here: www.thelearningalliance.org
Who is the CEO of The Learning Alliance Inc?
Barbara R Hammond is the Chief Executive Officer of The Learning Alliance Inc. The CEO's salary of The Learning Alliance Inc is $139,183 and their total compensation is $139,183.
Official website here: www.thelearningalliance.org
What is the revenue of The Learning Alliance Inc?
The Learning Alliance Inc's revenue in 2022 was $4,708,738.
Official website here: www.thelearningalliance.org
Who are the executives of The Learning Alliance Inc and what are their salaries?
The average compensation at The Learning Alliance Inc during 2022 was $54,264. There are 15 employees and 50 volunteers at The Learning Alliance Inc.
Here are 19 key members and their salaries (The Learning Alliance Inc's CEO's salary is $139,183 and their total compensation is $139,183):
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Official website here: www.thelearningalliance.org
Where can I find the form 990 for The Learning Alliance Inc?
The Learning Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thelearningalliance.org
Learn more at the official website: www.thelearningalliance.org
Mission Statement of The Learning Alliance Inc
The Learning Alliance Inc is committed to significantly enhancing student literacy by equipping frontline educators with the necessary knowledge, skills, and resources to effectively teach reading to all children. Their mission is centered around empowering educators to make a profound impact on literacy rates, with the ultimate goal of seeing 90% of third-graders in Indian River County reading at their grade level. The organization plays a pivotal role in connecting, supporting, and celebrating individuals who are dedicated to this cause, working towards a moonshot moment for literacy in the area.
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Impact
October, 2024
The Learning Alliance Inc. dramatically enhances student literacy by equipping educators with essential knowledge, skills, and tools to effectively teach children how to read. By serving approximately 5,115 students and teachers, the organization plays a pivotal role in advancing literacy outcomes in Indian River County. Its commitment to connecting, supporting, and celebrating those involved in this mission is integral to achieving the ambitious goal of ensuring that 90% of all third graders are reading at grade level. This collective effort not only uplifts individual learners but also strengthens the educational landscape of the community as a whole.
This information is meant to be a general summary of The Learning Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $68,653
- Program Service Revenue: $9,707
- Gross Receipts: $4,957,705
Assets and Liabilities:
- Total Assets: $8,176,329
- Total Liabilities: $768,381
- Net Assets: $7,407,948
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IN SCHOOL IMPACT DEVEL
Revenue
$9,707
Organization Details
Founding Year
2009
Phone
(772) 231-1100Principal Officer
Barbara R Hammond
Main Address
PO BOX 2647, VERO BEACH, FL, 32961
Website
www.thelearningalliance.orgNTEE Category
Code: B80 - Education
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