THE COMMUNITY LEARNING CENTER INC

EIN: 834223782 501(c)(3) Community Improvement

KENDALLVILLE, IN

Total Revenue
$5,970,508
Total Expenses
$3,150,531
Total Assets
$9,910,687
Net Assets
$7,152,258
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
IN
Principal Officer
ROBERT C PROBST
Phone
2605443455
Tax Period
2023-07-01 to 2024-06-30

THE COMMUNITY LEARNING CENTER INC, founded in 2019, is a community nonprofit in the Community Improvement sector that reported $6.0M in total revenue in fiscal year 2023. Revenue surged 165% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.8M, a strong 47% operating margin.

Mission

(A) TO FOSTER AND ENHANCE ECONOMIC AND COMMUNITY DEVELOPMENT IN THE CITY OF KENDALLVILLE, INDIANA (THE "CITY") AND SURROUNDING COMMUNITY; (B) TO DEVELOP AND OPERATE A COMMUNITY LEARNING CENTER (THE "CENTER") THAT WILL SERVE AS A MULTI-DISCIPLINARY EDUCATION, HEALTH AND WELLNESS HUB IN THE CITY; (C) TO SUPPORT EDUCATIONAL AND WORKFORCE PROGRAMS THAT STRENGTHEN THE CITY AND SURROUNDING COMMUNITY; (D) TO FACILITATE COORDINATION AND COLLABORATION AMONG NONPROFIT ORGANIZATIONS AND GOVERNMENT AGENCIES THAT UTILIZE THE CENTER'S SPACE TO PROMOTE EFFICIENCY AND GREATER CHARITABLE OUTCOMES FOR THE COMMUNITY; (E) TO SERVE AS A CENTRALIZED CONNECTION POINT FOR THE SUPPORTED ORGANIZATIONS (AS DEFINED BELOW) IN THEIR STRATEGIC AND COORDINATED EFFORTS TO COMBAT COMMUNITY DETERIORATION AND PROMOTE CIVIC REVITALIZATION; AND (F) IN FURTHERANCE OF THE AFORESAID PURPOSES, TO TRANSACT ANY AND ALL LAWFUL BUSINESS FOR WHICH CORPORATIONS MAY BE INCORPORATED UNDER THE ACT, PROVIDED SUCH BUSINESS IS NOT INCONSI

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,532,851
Program Service Revenue $334,861
Investment Income $102,796
Other Revenue $0
TOTAL REVENUE $5,970,508

Expense Breakdown

Grants Paid $0
Salaries & Benefits $394,265
Fundraising Expenses $0
Program Expenses $676,270
Other Expenses $2,756,266
TOTAL EXPENSES $3,150,531

Year-over-Year Comparison

2023 2022 Change
Revenue $5,970,508 $2,249,510 +1.7%
Expenses $3,150,531 $2,085,253 +0.5%
Net Income $2,819,977 $164,257 +16.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
17
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELISSA CARPENTER DIRECTOR 0.39
Director
$0 $0 $0
JORDI DISLER DIRECTOR 0.42
Director
$0 $0 $0
SUZANNE HANDSHOE DIRECTOR 0.12
Director
$0 $0 $0
CANDICE HOLBROOK DIRECTOR 0.31
Director
$0 $0 $0
THOMAS R LEEDY TREASURER 0.82
Officer Director
$0 $0 $0
BRIAN LEITCH DIRECTOR 0.28
Director
$0 $0 $0
DAWN MCGAHEN DIRECTOR 0.26
Director
$0 $0 $0
ROBERT C PROBST PRESIDENT 1.32
Officer Director
$0 $0 $0
LANCE WATERS SECRETARY 0.12
Officer Director
$0 $0 $0
CASEY WEIMER VICE PRESIDE 0.35
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $5,970,508 $3,150,531 $9,910,687 $2,819,977
2023 $2,249,510 $2,085,253 $7,587,989 $164,257
2022 $2,768,525 $1,167,748 $7,672,554 $1,600,777
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