FORT MYERS, FL
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)EARN TO LEARN FL INC, founded in 2011, is a small nonprofit that reported $987K in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 51% operating deficit.
EARN TO LEARN FL'S MISSION IS TO EMPOWER INCOME CHALLENGED STUDENTS TO SUCCESSFULLY COMPLETE COLLEGE, BASED ON MATCHED SAVINGS FOR EDUCATION, NEAR PEER COACHING, AND PERSONAL FINANCIAL TRAINING.
MATCHED SAVINGS FOR EDUCATION: STUDENTS AND THEIR FAMILIES WHO INCOME- QUALIFY ARE ELIGIBLE TO APPLY FOR A 1,3,OR 4-YEAR TUITION SCHOLARSHIP UPON COMPLETING PERSONAL FINANCE TRAINING AND OPENING A...
MATCHED SAVINGS FOR EDUCATION: STUDENTS AND THEIR FAMILIES WHO INCOME- QUALIFY ARE ELIGIBLE TO APPLY FOR A 1,3,OR 4-YEAR TUITION SCHOLARSHIP UPON COMPLETING PERSONAL FINANCE TRAINING AND OPENING A FLORIDA 529 SAVINGS ACCOUNT. THE FUNDS - ETLFL MATCHED SAVINGS FOR EDUCATION SCHOLARSHIP PLUS FLORIDA 529 SAVINGS ACCOUNT - ARE USED FOR TUITION, BOOKS, FEES, AND OTHER APPROVED EDUCATIONAL RELATED EXPENSES AT A FLORIDA STATE UNIVERSITY, COLLEGE, OR CAREER AND TECHNICAL EDUCATION CENTER. EARN TO LEARN FL LEVERAGED A MODEST 100,000 U.S. DEPARTMENT OF HEALTH & HUMAN RESOURCES (ASSETS FOR INDEPENDENCE) GRANT IN 2016 INTO A VIABLE AND SCALABLE PROGRAM. SINCE THEN, ETLFL HAS RAISED OVER 1.8 MILLION IN INDIVIDUAL CORPORATE, AND ACADEMIC INSTITUTION PHILANTHROPY IN FLORIDA TO PROVIDE ANNUALLY RENEWABLE MATCHED SAVINGS FOR EDUCATION SCHOLARSHIPS TO 125+ ELIGIBLE STUDENTS, WITH ADDITIONAL FUTURE STUDENT SCHOLARSHIPS IN INVENTORY PURCHASED AND LEVERAGED THROUGH PARTNERSHIP WITH THE FLORIDA PREPAID COLLEGE FOUNDATION. IN ADDITION TO SCHOLARSHIP FUNDING, THE ELIGIBLE ETLFL STUDENTS WILL AIM TO SAVE OVER 250,000 TO INVEST IN THEIR EDUCATION THROUGH FL 529 ACCOUNTS, WITH ADDITIONAL 529 SAVINGS INCREASING WITH FUTURE SCHOLARSHIP RECIPIENTS. ADDITIONAL FUNDING ALLOWS ETLFL TO FURTHER CONTINUE ITS STRONG SUCCESS IN LEVERAGING FUNDS, SUPPORTING SUSTAINABILITY AND BROADENING THE CURRENT PROGRAM'S SCOPE TO FLORIDA'S OTHER UNIVERSITIES, COLLEGES AND CAREER AND TECHNICAL EDUCATION CENTERS.
NEAR PEER COACHING FOR POSTSECONDARY SUCCESS: ETLFL TRAINS AND DEPLOYS NEAR PEER COACHES TO SUPPORT INCOME CHALLENGED STUDENTS IN THE AREAS OF POSTSECONDARY ACCESS, PERSONAL FINANCE TRAINING, AND...
NEAR PEER COACHING FOR POSTSECONDARY SUCCESS: ETLFL TRAINS AND DEPLOYS NEAR PEER COACHES TO SUPPORT INCOME CHALLENGED STUDENTS IN THE AREAS OF POSTSECONDARY ACCESS, PERSONAL FINANCE TRAINING, AND CAREER PLANNING. NEAR PEER COACHES SUPPORT STUDENT PREPARATION AND SUCCESS STRATEGIES TO SUCCESSFULLY PURSUE THEIR HIGHER EDUCATION. ETLFL RECRUITS, TRAINS, AND DEPLOYS NEAR PEER SUCCESS COACHES (AMERICORPS MEMBERS) TO PROVIDE NEAR-PEER INTERVENTIONS TO DISADVANTAGED HIGH SCHOOL STUDENTS AND FIRST-GENERATION COLLEGE STUDENTS. BY THE END OF EACH PROGRAM YEAR (AUGUST 1 - JULY 31), THE NEAR PEER SUCCESS COACHES ARE RESPONSIBLE FOR PROVIDING INDIVIDUAL HIGHER EDUCATION ADVISORY INTERVENTIONS TO STUDENTS TO SUCCESSFULLY COMPLETE 1) PERSONAL FINANCE TRAINING, 2) CAREER PLAN DEVELOPMENT, 3) COLLEGE AND MAJORS LIST DEVELOPMENT, 4) POSTSECONDARY APPLICATION STRATEGY, AND 5) SCHOLARSHIP AND FINANCIAL AID STRATEGY. THE NEAR PEER SUCCESS COACHES ALSO LEVERAGE CAREER GUIDANCE COUNSELORS ENGAGED IN IMPLEMENTING COLLEGE AND CAREER FAIRS, CONDUCTING GROUP WORKSHOPS, AND FACILITATING COLLEGE VISITS TO A BROADER POPULATION OF STUDENTS AT EACH PARTNER SERVICE SITE. EACH YEAR, OPPORTUNITIES TO EARN ETLFL MATCHED SAVINGS FOR EDUCATION SCHOLARSHIPS ARE OFFERED TO HIGH SCHOOL SENIORS WITH PRIORITY GIVEN TO STUDENTS WHO HAVE BEEN NEAR PEER SUCCESS COACHED. ALL SCHOLARSHIP RECIPIENTS ARE REQUIRED TO COMPLETE PERSONAL FINANCE TRAINING AND OPEN A FL 529 SAVINGS ACCOUNT PRIOR TO THEIR SCHOLARSHIP AWARD AND TO CONTINUE WORKING WITH A NEAR PEER SUCCESS COACH AFTER THEIR SCHOLARSHIP AWARD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $987,376 | $615,478 | +0.6% |
| Expenses | $1,492,653 | $760,800 | +1.0% |
| Net Income | $-505,277 | $-145,322 | +2.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KIMBERLY DYE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| NANCY MEROLLA | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| LORI MONSERRAT | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LISA SIMINGTON | CHAIR | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN SLAVIK | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BRENDA TATE | CEO | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $987,376 | $1,492,653 | No data | $-505,277 |
| 2022 | $615,478 | $760,800 | $2,073,858 | $-145,322 |
| 2021 | $851,451 | $742,340 | $2,378,000 | $109,111 |
| 2020 | $1,522,169 | $551,711 | $2,035,697 | $970,458 |
| 2018 | $402,503 | $374,019 | $1,223,985 | $28,484 |
Compare EARN TO LEARN FL INC with other nonprofits in Florida and across the country.