Overview
What is Lifelong Learning Administration Corporation?
Lifelong Learning Administration Corporation (LLAC) is a nonprofit organization based in Lancaster, California, with a US address at 177 Holston Drive, 93535. Their mission is to support and carry out the purposes of the organizations they serve, with a focus on addressing the dropout epidemic across the nation. By providing contracted services, LLAC helps eliminate obstacles to student success and enhances operational and economic efficiencies. Services offered include general operational management, files and records administration, public relations oversight, financial services, strategic planning, policy recommendations, corporate governance administration, and human capital management. Through these functions, LLAC aims to be a strong and positive force, pioneering education delivery to students in need. Their efforts enable supported organizations to save on administrative, educational, and other service expenses, allowing them to solely concentrate on educating students.
Official website here: www.llac.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The Lifelong Learning Administration Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance, along with a perfect score in Culture & Community. The high score of 96% indicates a solid financial standing and commitment to ethical governance, with all board members being independent and strong oversight mechanisms in place.
Strengths of the organization include a robust program expense ratio of 86.40%, which showcases a focus on spending resources directly on its mission. The organization maintains comprehensive policies, including conflict of interest and whistleblower protections, ensuring transparency and accountability. The management of financial liabilities is commendable, with a low liabilities to assets ratio of 43.10%.
While the data highlights significant strengths, it is essential for potential donors and stakeholders to consider the broader impacts of the programs being funded. The organization’s commitment to equity strategies is commendable, but ongoing evaluation of program effectiveness and community impact will be crucial for sustaining its positive reputation.
This AI summary has been generated from information found on Charity Navigator.
Is Lifelong Learning Administration Corporation legitimate?
Lifelong Learning Administration Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifelong Learning Administration 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: $831,524
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,831,688
For more financial information, click here
Official website here: www.llac.org
What is the mission statement of Lifelong Learning Administration Corporation?
The Lifelong Learning Administration Corporation (LLAC) is dedicated to carrying out the purposes of each supported organization and addressing the dropout epidemic across the nation. By helping organizations eliminate obstacles to student success, LLAC acts as a pioneering force in delivering education to those who need it most. The corporation's mission encompasses increasing operational and economic efficiencies for its supported organizations through various contracted services, such as operational management, financial services, strategic planning, and human capital management. LLAC's commitment extends to providing principals, administrative staff, and other essential personnel, ensuring the smooth functioning of these educational institutions.
Official website here: www.llac.org
Who is the CEO of Lifelong Learning Administration Corporation?
Peter Faragia is the Ceo of Lifelong Learning Administration Corporation. The CEO's salary of Lifelong Learning Administration Corporation is $377,795 and their total compensation is $406,135.
Official website here: www.llac.org
What is the revenue of Lifelong Learning Administration Corporation?
Lifelong Learning Administration Corporation's revenue in 2022 was $55,092,930.
Official website here: www.llac.org
Who are the executives of Lifelong Learning Administration Corporation and what are their salaries?
The average compensation at Lifelong Learning Administration Corporation during 2022 was $80,515. There are 356 employees at Lifelong Learning Administration Corporation.
Here are 14 key members and their salaries (Lifelong Learning Administration Corporation's CEO's salary is $377,795 and their total compensation is $406,135):
- Compensation: $528,462
- Related: $0
- Other: $21,510
- Compensation: $355,785
- Related: $0
- Other: $53,341
- Compensation: $377,795
- Related: $0
- Other: $28,340
- Compensation: $324,035
- Related: $0
- Other: $45,847
- Compensation: $309,481
- Related: $0
- Other: $39,039
- Compensation: $297,363
- Related: $0
- Other: $46,171
- Compensation: $229,350
- Related: $0
- Other: $50,106
- Compensation: $235,133
- Related: $0
- Other: $42,424
- Compensation: $240,539
- Related: $0
- Other: $36,488
- Compensation: $247,827
- Related: $0
- Other: $25,497
- Compensation: $243,526
- Related: $0
- Other: $27,127
- Compensation: $6,500
- Related: $0
- Other: $0
- Compensation: $6,500
- Related: $0
- Other: $0
- Compensation: $5,500
- Related: $0
- Other: $0
Official website here: www.llac.org
Where can I find the form 990 for Lifelong Learning Administration Corporation?
Lifelong Learning Administration Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.llac.org
Learn more at the official website: www.llac.org
Mission Statement of Lifelong Learning Administration Corporation
Lifelong Learning Administration Corporation (LLAC) is a dynamic organization dedicated to fulfilling the functions and purposes of each of its supported nonprofits. In doing so, LLAC strives to address the dropout epidemic across the nation, one community at a time. By eliminating the obstacles that hinder student success, LLAC continues to be a powerful and positive influence in education.
LLAC's mission extends beyond mere operational support. It seeks to enhance the operational and economic efficiencies of its nonprofit partners through contracted services. These services include general operational management, files and records administration, public relations oversight, financial services, strategic planning and implementation, and human capital management. LLAC also recommends policies, rules, regulations, and procedures, as well as providing corporate governance administration.
By acting as a robust backbone organization, LLAC empowers its nonprofit partners to focus on their respective missions. It enables them to allocate more resources towards their core objectives, thereby maximizing their impact. In doing so, LLAC continues to be a pioneering force, revolutionizing the way education is delivered to those who need it most.
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Impact
October, 2024
Lifelong Learning Administration Corporation (LLAC) plays a pivotal role in addressing the dropout epidemic across the nation by providing essential support to educational organizations. By eliminating barriers that hinder student success, LLAC enables these organizations to concentrate their efforts on educating students rather than managing extensive administrative burdens.
Through contracted services, LLAC enhances operational efficiency, allowing supported organizations to reduce their administrative, educational, and service expenses. This results in a more focused and effective educational environment where educators can devote their energy to teaching and supporting students.
Core functions provided by LLAC include general operational management, financial services, public relations oversight, and strategic planning. By taking on these responsibilities, LLAC empowers educational institutions to streamline their processes, improve governance, and manage human resources effectively, thereby enhancing the overall quality of education provided.
LLAC’s mission fosters a collaborative approach to education, ensuring that resources are allocated where they are needed most. It acts as a strong force in pioneering innovative delivery methods of education, particularly for communities and students facing significant challenges. The organization is dedicated to making a long-lasting impact in the realm of education, striving to improve outcomes for students and communities one step at a time.
This information is meant to be a general summary of Lifelong Learning Administration 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $290,838
- Program Service Revenue: $53,839,386
- Gross Receipts: $55,092,930
Assets and Liabilities:
- Total Assets: $27,463,847
- Total Liabilities: $7,303,710
- Net Assets: $20,160,137
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTED SERVICES
Revenue
$53,839,386
Organization Details
Founding Year
2015
Phone
(661) 272-1225Principal Officer
Peter Faragia
Main Address
177 HOLSTON DR, LANCASTER, CA, 93535
Website
www.llac.orgNTEE Category
Code: B29 - Education
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