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Lifelong Learning Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371494071 ✦ Weatogue, CT ✦ Designated as a 501(c)(3)

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Overview

What is Lifelong Learning Corporation?

Lifelong Learning Corporation is a nonprofit organization situated in Weatogue, Connecticut. Its primary focus is creating and managing community-based learning centers within affordable housing communities. These centers offer after-school enrichment programs and various services aimed at enhancing education, health, and economic outcomes for low-income individuals. The organization provides computer access, educational and vocational training opportunities, and child-centered learning for low-income families and children, thereby supporting learning opportunities for both children and adults residing in affordable housing communities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

Lifelong Learning Corporation has achieved an impressive score of 94%, reflecting its strong commitment to accountability and financial management. This rating is based entirely on its accountability and finance score, indicating that the organization operates with a high level of transparency and responsibility in its financial practices.

Key strengths of Lifelong Learning Corporation include its fully independent board, which consists of eight members, and the absence of any material diversion of assets. The organization also maintains comprehensive policies regarding conflict of interest and whistleblower protections, showcasing its dedication to ethical governance and integrity in its operations.

While the organization demonstrates excellent financial ratios, including a program expense ratio of 94.01%, there are no noted limitations in the current data. Overall, Lifelong Learning Corporation stands out as a well-managed nonprofit, committed to effectively utilizing its resources for its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Lifelong Learning Corporation legitimate?

Lifelong Learning Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifelong Learning Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lifelong Learning Corporation?

The Lifelong Learning Corporation focuses on providing learning opportunities for children and adults residing in affordable housing communities. Their mission encompasses offering computer access, educational and vocational training, and child-centered learning for low-income families and children. They establish community-based learning centers within these communities, offering after-school enrichment programs and other services aimed at improving education, health, and economic outcomes for low-income individuals.

Who is the CEO of Lifelong Learning Corporation?

Margo Kelleher is the President of Lifelong Learning Corporation.

What is the revenue of Lifelong Learning Corporation?

Lifelong Learning Corporation's revenue in 2022 was $614,807.

Who are the executives of Lifelong Learning Corporation and what are their salaries?


Here are 3 key members and their salaries:


Margo Kelleher (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Courtney (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Cohen (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lifelong Learning Corporation?

Lifelong Learning Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lifelong Learning Corporation

Lifelong Learning Corporation is committed to providing learning opportunities for both children and adults residing in affordable housing communities. Their mission is twofold: firstly, they offer computer access and vocational training opportunities to adults, empowering them with essential skills for personal growth and employment. Secondly, they provide child-centered learning programs for low-income families and children, ensuring that they have access to enriching after-school activities and services designed to enhance their education, health, and economic outcomes. This nonprofit organization operates community-based learning centers within affordable housing communities, thereby bringing education and vocational training directly to those in need.

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Impact




July, 2024

Lifelong Learning Corporation has a profound impact on low-income families and children by supporting their learning opportunities through the creation and operation of community-based learning centers. By providing after-school enrichment programming, computer access, educational and vocational training opportunities, they contribute to improving education, health, and economic outcomes for individuals residing in affordable housing communities. Their focus on child-centered learning not only enriches the lives of children but also empowers adults to pursue personal and professional growth. Through their tireless efforts, Lifelong Learning Corporation plays a crucial role in bridging the educational gap and fostering a brighter future for those in need.




This information is meant to be a general summary of Lifelong Learning Corporation. 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.

Revenue
$614,807 (2022)
Expenses
$433,133 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $28,531
  • Program Service Revenue: $574,703
  • Gross Receipts: $614,807

Assets and Liabilities:

  • Total Assets: $2,193,832
  • Total Liabilities: $365,509
  • Net Assets: $1,828,323

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INVESTMENT IN AFFORDAB

Revenue

$474,703

SERVICE FEE INCOME

Revenue

$100,000

Organization Details

Founding Year

2014

Principal Officer

Margo Kelleher

Main Address

175 POWDER FOREST DRIVE, WEATOGUE, CT, 06089

NTEE Category

Code: B60 - Education

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