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Nonprofiteer
← LEARN TO EARN DAYTON

Form 990 for tax year 2022

Filed by LEARN TO EARN DAYTON.

Totals

Total revenue
$5,837,590
Total expenses
$5,307,907
Contributions and grants received
$5,826,760
Grants paid
$0
Program service revenue
$0
Investment income
$1,052
Other revenue
$9,778
Total assets, end of year
$3,062,963
Total liabilities, end of year
$1,942,277
Net assets or fund balances, end of year
$1,120,686
Program services expenses (Part IX)
$4,976,499
Management and general expenses
$269,826
Fundraising expenses
$61,582
Program service expenses (Part III)
$4,976,499

Program services were 93.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $364,600

  • 1f · All other contributions, gifts and grants

    $5,462,160

  • 3 · Investment income

    total $1,052 · excluded $1,052

  • 11a · Other revenue: MISCELLANEOUS

    total $9,778 · related or exempt $9,778

  • 11e · Other revenue, total

    $9,778

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $368,812 · program services $257,500 · management and general $84,287 · fundraising $27,025

  • 7 · Other salaries and wages

    total $656,658 · program services $585,296 · management and general $46,278 · fundraising $25,084

  • 11b · Fees: legal

    total $4,327 · management and general $4,327

  • 11c · Fees: accounting

    total $17,500 · management and general $17,500

  • 11g · Fees: other

    total $290,953 · program services $267,401 · management and general $23,552

  • 12 · Advertising and promotion

    total $7,520 · program services $5,270 · management and general $2,250

  • 13 · Office expenses

    total $44,997 · program services $31,043 · management and general $11,667 · fundraising $2,287

  • 17 · Travel

    total $69,218 · program services $60,077 · management and general $9,141

  • 22 · Depreciation, depletion and amortization

    total $9,630 · management and general $9,141 · fundraising $489

  • 23 · Insurance

    total $5,078 · management and general $4,820 · fundraising $258

  • 24a · Other expenses: OTHER OPERATIONS

    total $3,452,091 · program services $3,434,037 · management and general $18,054

  • 24b · Other expenses: CONTRACT SERVICES

    total $289,911 · program services $260,244 · management and general $29,667

  • 24c · Other expenses: BOOKS, SUBSCRIPTIONS &

    total $49,309 · program services $39,349 · management and general $7,454 · fundraising $2,506

  • 24d · Other expenses: DONATIONS

    total $21,690 · program services $21,190 · management and general $500

  • 24e · All other expenses

    total $20,213 · program services $15,092 · management and general $1,188 · fundraising $3,933

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,514,038 · end of year $162,436

  • 2 · Savings and temporary cash investments

    beginning of year $2,822,133 · end of year $2,373,005

  • 4 · Accounts receivable

    beginning of year $214,092 · end of year $333,503

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,000 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $213,217

  • 10b · Land, buildings and equipment: accumulated depreciation

    $19,198

  • 10c · Land, buildings and equipment, net

    beginning of year $3,359 · end of year $194,019

  • 15 · Other assets

    beginning of year $100,000 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $659,228 · end of year $358,697

  • 19 · Deferred revenue

    beginning of year $5,404,391 · end of year $1,583,580

  • 27 · Net assets without donor restrictions

    beginning of year $342,957 · end of year $657,640

  • 28 · Net assets with donor restrictions

    beginning of year $248,046 · end of year $463,046

Mission and programs · 2022

Mission

OPPORTUNITY IN MONTGOMERY COUNTY, OHIO, SHOULD NOT DEPEND ON WHAT YOU LOOK LIKE OR WHERE YOU GREW UP. LEARN TO EARN DAYTON FOSTERS THE SUCCESS OF ALL MONTGOMERY COUNTY CHILDREN FROM BIRTH UNTIL THEY GRADUATE FROM COLLEGE OR EARN A HIGH-QUALITY CREDENTIAL.

Activities or mission (Part I)

OUR MISSION IS TO ENSURE THAT CHILDREN IN THE DAYTON, OHIO REGION ARE SUCCESSFUL STUDENTS AND ULTIMATELY SUCCESSFUL IN THE WORLD OF WORK. OUR COMMUNITY'S VITALITY AND ITS ATTRACTIVENESS TO EMPLOYERS DEPEND ON HAVING EDUCATED CITIZENS AND A KNOWLEDGEABLE AND SKILLED WORKFORCE. OUR VISION IS THAT, TOGETHER WITH OUR PARTNERS, LEARN TO EARN DAYTON WILL WORK TO ENSURE THAT EVERY YOUNG PERSON IN THE DAYTON REGION IS READY TO LEARN BY KINDERGARTEN AND READY TO EARN UPON GRADUATION FROM COLLEGE OR AFTER EARNING A HIGH QUALITY CREDENTIAL.

  • ENSURE ALL STUDENTS IN THE DAYTON, OHIO AREA HAVE EQUAL OPPORTUNITIES IN EDUCATION. A SIGNIFICANT PART OF THAT EQUITY WORK IS OCCURRING THROUGH A PLACE-BASED INITIATIVE THAT IS OCCURRING IN A DEFINED SECTION OF THE CITY OF DAYTON. L2ED, WORKING WITH A WIDE VARIETY OF COMMUNITY STAKEHOLDERS AND PARTNERS, IS ENDEAVORING TO IMPLEMENT A SET OF STRATEGIES AND COMMUNITY ENGAGEMENT PRACTICES THAT WILL IMPACT THE SOCIAL AND ECONOMIC VITALITY OF THE NORTHWEST AREA OF DAYTON

    Expenses $4,050,020

  • COLLEGE AND CAREER READINESS. MONTGOMERY COUNTY SET A GOAL THAT BY 2025, 60% OF WORKING-AGE ADULTS WILL HAVE A POSTSECONDARY CREDENTIAL. IN PARTNERSHIP WITH MONTGOMERY COUNTY'S PUBLIC SCHOOLS AND THE REGION'S 2- AND 4-YEAR COLLEGES, LEARN TO EARN DAYTON ALIGNS PARTNERS AROUND COMMUNITY GOALS AND CENTERS ITS WORK TO BUILD EQUITY. THEY IDENTIFY EVIDENCE-BASED SUPPORTS, WORK WITH STAKEHOLDERS, AND BRING BEST PRACTICES TO STUDENTS AND FAMILIES.

    Expenses $893,284

  • ENSURE ALL STUDENTS IN THE DAYTON, OHIO AREA HAVE EQUAL OPPORTUNITIES IN EDUCATION.

    Expenses $30,547

  • KINDERGARTEN READINESS. LEARN TO EARN DAYTON PARTNERS WITH EARLY CHILDHOOD PROVIDERS AND COMMUNITY PARTNERS TO ENSURE CHILDREN BIRTH TO AGE 5 HAVE ACCESS TO THE HIGH-QUALITY SERVICES AND RESOURCES THEY NEED TO BE FULLY READY FOR KINDERGARTEN. PARTICULAR ATTENTION IS GIVEN TO CLOSING OPPORTUNITY GAPS FOR BLACK AND LATINO STUDENTS AND STUDENTS EXPERIENCING POVERTY.

    Expenses $2,648

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Stacy Schweikhart

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $69,884
    From this org
    $62,846
    From related orgs
    $0
    Other
    $7,038
    Hours/week
    40

  • Andrew Dibert

    DIRECTOR OF FINANCE & OPERATIONS

    Total calculated
    $5,375
    From this org
    $2,798
    From related orgs
    $0
    Other
    $2,577
    Hours/week
    40

  • Kippy Ungerleider

    CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • Kristina Kean

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1.25

  • Colleen Ryan

    PAST-CHAIR

    Total calculated
    $0
    Hours/week
    1.25

  • Vanessa Ward

    SECRETARY

    Total calculated
    $0
    Hours/week
    1.25

  • John Haley

    TRESURER

    Total calculated
    $0
    Hours/week
    1.25

  • Nate Brandstater

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Dale Brunner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Bob Curry

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Tim Kambitsch

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Art Harlan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michelle Lovely

    TRUSTEE

    Total calculated
    $211,290
    From this org
    $0
    From related orgs
    $192,276
    Other
    $19,014
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $192,276 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $19,014 related
    Filer's total
    $0 + $211,290 related

  • Melissa Tolle

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michelle Kaye

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Shannon Cox

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1.25

  • Thomas Lasley

    FORMER ACTING CEO

    Total calculated
    $111,385
    From this org
    $111,138
    From related orgs
    $0
    Other
    $247
    Hours/week
    40

  • Marie Giffen

    FORMER DIRECTOR OF FINANCE

    Total calculated
    $33,916
    From this org
    $33,911
    From related orgs
    $0
    Other
    $5
    Hours/week
    12

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART II, B
THOMAS LASLEY, STACY SCHWEIKHART, ANDREW DIBERT & MARIE GIFFEN ARE PAID BY MONTGOMERY COUNTY EDUCATIONAL SERVICE CENTER, AN UNRELATED THIRD PARTY, THUS THERE ARE NO W2S ISSUED BY THE ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
10 May 2024
IRS schema version
2022v5.0
Source object
202431349349306773

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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