Diverse Learners Cooperative
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$1,000,000.00
Projected Expenses
$990,000.00
Organizational Budgets and Other Documents
| DLC FY24 Budget | 2024 |
| DLC Budget 2023 | 2023 |
| DLC Budget 2022 | 2022 |
| DLC Budget 2021 | 2021 |
IRS Letter of Exemption
| Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $697,235.00 | $594,418.00 | $451,255.00 |
| Total Expenses | $794,691.00 | $550,612.00 | $371,013.00 |
| Revenue Less Expenses | ($97,456.00) | $43,806.00 | $80,242.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $368,841.00 | $227,379.00 | $220,112.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $328,094.00 | $362,246.00 | $178,743.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $300.00 | $4,793.00 | $0.00 |
| Other | $0.00 | $0.00 | $52,400.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $628,597.00 | $420,990.00 | $354,615.00 |
| Administration Expense | $134,501.00 | $94,841.00 | $15,198.00 |
| Fundraising Expense | $31,593.00 | $34,781.00 | $1,200.00 |
| Total Revenue/Total Expenses | 88% | 108% | 122% |
| Program Expense/Total Expenses | 79% | 76% | 96% |
| Fundraising Expense/Contributed Revenue | 4% | 6% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $368,841.00 | Program Revenue $362,246.00 | Contributions, Gifts, and Grants $220,112.00 |
| Second Highest Funding Source & Dollar Amount | Program Revenue $328,094.00 | Contributions, Gifts, Grants $227,379.00 | Program Revenue $178,743.00 |
| Third Highest Funding Source & Dollar Amount | Noncash Contributions $300.00 | Noncash Contribtuions $4,793.00 | Other Revenue $52,400.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $150,033.00 | $198,844.00 | $123,642.00 |
| Current Assets | $148,033.00 | $198,844.00 | $123,642.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $23,030.00 | $27,643.00 | $0.00 |
| Total Net Assets | $127,003.00 | $171,201.00 | $123,642.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| DLC Form 990 FY23 | 2023 |
| DLC 2022 Form 990 | 2022 |
| DLC 2021 Form 990 | 2021 |
| Part 1 of 2 DLC 2020 990 | 2020 |
| Part 2 of 2 DLC 2020 990 | 2020 |
| Part 1 of 3 DLC 990 Jan-June2019 | 2019 |
| Part 2 of 3 DLC 990 Jan-June2019 | 2019 |
| Part 3 of 3 DLC 990 Jan-June 2019 | 2019 |
| DLC Form 990 | 2018 |
Audit Documents
| DLC Audited Financials | 2023 |
| Audited Financials | 2022 |
Foundation Staff Comments
| Financials taken from Form 990. Financials prepared by FMC CPAS, PLLC. Comments provided by Hayley Sulfridge 12/19/23. |
