Live IT Learn IT

“The organizations board of directors reviews the organizations financial statements on a quarterly basis and has enlisted a CPA to provide pro bono guidance on an as-needed basis. The organization does not have a formal review process for the 990.”

“Staff are under a continuing obligation to disclose any actual or potential conflict of interest as soon as it is known, or reasonably should be known.Staff are required to complete an annual conflict of interest disclosure and submit it to the Chair of the board. An additional disclosure statement shall be filed at such time as an actual or potential conflict arises.”

“Members of the board confer and agree on compensation for the Executive Director.”

“Live It Learn Its governing documents, conflict of interest policy, and financial statements are available to the public upon request at the organizations office.”

“During the year ended 8/31/20, the Organization provided program services virtually and did not offer in-person field trips, which were deemed temporary in nature due to covid restrictions.”

“Organization underwent a rigorous review of the books and made corrections to clean the books.”

“Mission Statement Continuation:Partnerships with Title I schools: We offer our exceptional programs to students who need them the most those in high-poverty schools that often lack the resources to provide experiential learning opportunities.Rigorous three-part learning model: Each Live It Learn It experience consists of a pedagogically sound learning loop extensive preparation, intensive experience, and guided reflection to ensure that students get the most out of every program.Engaging curricular materials: For each of our twenty-five programs, our staff has developed rich, detailed curricular materials that are interdisciplinary, age-appropriate, and aligned with Common Core standards. Transformative effect on teachers: Partner teachers see firsthand the powerful effect that our experiential learning programs have on their students, and are often inspired to incorporate more active learning into their daily lessons.Emphasis on rigor and engagement: We understand that children learn best when they are highly motivated, so our programs are designed to challenge students while inspiring joy and excitement.Increase In Liabilities:During fiscal year 2020, LILI secured PPP funding from the Paycheck Protection Program in the amount of $114,422. The amount has been treated as a refundable advance and will be recognized as revenue when legal forgiveness occurs.”