Civic Intelligence

Live IT Learn IT

990 • Fiscal year 2023 • EIN 35-2247059

Sep 01, 2022 to Aug 31, 2023 • Filed on Apr 29, 2024

735 8th Street SE STE 300Washington, DC 20003

(202) 546-6223

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.20x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.23x

Higher debt load relative to revenue than 78% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

13th percentile

-26%

Higher net margin than 13% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$132,015

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 17.1% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

8th percentile

-26%

Faster asset growth than 8% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

27th percentile

-8.4%

Faster revenue growth than 27% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$908,077

Down $317,818 (-26%) from 2022

Net Assets

Down

$729,002

Down $202,490 (-22%) from 2022

Liabilities

Down

$179,075

Down $115,328 (-39%) from 2022

Revenue

Down

$770,671

Down $70,306 (-8.4%) from 2022

Expenses

Up

$973,161

Up $209,271 (+27%) from 2022

Net Income

Down

-$202,490

Down $279,577 (-363%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2020: $1,019,938Liabilities 2020: $178,155Net Assets 2020: $841,7832020Assets 2021: $917,511Liabilities 2021: $63,106Net Assets 2021: $854,4052021Assets 2022: $1,225,895Liabilities 2022: $294,403Net Assets 2022: $931,4922022Assets 2023: $908,077Liabilities 2023: $179,075Net Assets 2023: $729,0022023Assets 2024: $612,515Liabilities 2024: $104,994Net Assets 2024: $507,5212024

Highlighted filing

2023

Assets$908,077
Liabilities$179,075
Net Assets$729,002

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2020: $791,975Expenses 2020: $925,974Net Income 2020: -$133,9992020Revenue 2021: $910,736Expenses 2021: $898,114Net Income 2021: $12,6222021Revenue 2022: $840,977Expenses 2022: $763,890Net Income 2022: $77,0872022Revenue 2023: $770,671Expenses 2023: $973,161Net Income 2023: -$202,4902023Revenue 2024: $776,829Expenses 2024: $998,310Net Income 2024: -$221,4812024

Highlighted filing

2023

Revenue$770,671
Expenses$973,161
Net Income-$202,490
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Apr 29, 2024
Return Version
2022v5.0
Gross Receipts
$770,671
Mission and Program Overview

Mission

Live It Learn It partners with Title I schools and cultural institutions in Washington DC to provide the citys most underserved, primarily black and brown, students with interactive, experiential learning opportunities that increase their confidence, (see Sch O)

LILI partners with public schools which receive Title I funds and cultural institutions to create and deliver experiential learning opportunities for students in order to increase their self-efficacy, build on their intrinsic motivation, and support their scholarly achievements.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$643,235$495,339▼ $147,896
Savings and Temporary Cash Investments$163,982$163,998▲ $16
Pledges and Grants Receivable$136,591$54,747▼ $81,844
Prepaid Expenses and Deferred Charges$14,023$16,495▲ $2,472
Land, Buildings, and Equipment, Net$19,299$15,306▼ $3,993
Total Assets$1,225,895$908,077▼ $317,818
Other Assets Total$248,765$162,192▼ $86,573
Liabilities
Other Liabilities$245,837$162,019▼ $83,818
Accounts Payable and Accrued Expenses$33,083$9,756▼ $23,327
Deferred Revenue$15,483$7,300▼ $8,183
Total Liabilities$294,403$179,075▼ $115,328
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$768,394$718,502▼ $49,892
Net Assets With Donor Restrictions$163,098$10,500▼ $152,598
Total Net Assets Fund Balance$931,492$729,002▼ $202,490
Total Liabilities and Net Assets / Fund Balance$1,225,895$908,077▼ $317,818

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,306$4,658$19,964
Other Assets Org$157,526--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michelle N EdwardsExecutive DirectorFT$132,015$132,015
Maryam TrowellHead of Programming and CurriFT$73,719$73,719
Erin McSpaddenCo-Executive DirectorFT$68,876$68,876

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$623,010
Program Service Revenue
$117,215
Investment Income
$2,064
Other Revenue
$28,382
All Other Contributions
$623,010
Change in Net Assets
$-202,490

Audited Revenue Reconciliation

Revenue per Audited Statements
$770,671
Revenue Not Reported on Form 990
$24,500
Total Revenue per Audited Statements
$795,171
Total Revenue per Form 990
$770,671
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$648,042
Other Expenses$325,119
Total Fundraising Expense$43,992
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$227,680$37,533$9,397$274,610
Other Salaries and Wages$191,897$31,634$7,920$231,451
Occupancy$85,394$11,113$2,917$99,424
Fees for Services Accounting-$96,243-$96,243
Other Employee Benefits$74,709$12,316$3,083$90,108
Travel$64,156--$64,156
Payroll Taxes$35,127$5,791$1,450$42,368
Fees for Services Other$8,835-$15,400$24,235
Insurance$9,824$1,545$405$11,774
Pension Plan Contributions$7,881$1,299$325$9,505
Office Expenses$6,872$660$1,742$9,274
Other Expenses$9,099$164$1,017$9,099
Information Technology$4,790$753$198$5,741
Depreciation Depletion$3,331$523$138$3,992
Total Functional Expenses$729,595$199,574$43,992$973,161

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$997,661
Expenses per Audited Statements$973,161
Total Expenses per Form 990$973,161
Expenses Not Reported on Form 990$24,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$162,019
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The Organizations Board of Directors reviews the Organizations financial statements on a quarterly basis. In addition, the Organization has hired an accounting firm to oversee the accounting and financial reporting functions. The review process for Form 990 is as follows: 1) The Organizations Co-Executive Directors collaborate with an accounting form to draft the 990; 2) The draft is reviewed by the Finance and Oversight Committee of the Board of Directors and subsequently revised, as needed; 3) The final draft of the 990 is sent to the full Board of Directors for comment and then put to a vote to file with the IRS as presented.

Conflict of interest policy compliance Part VI line 12C

Staff and Board 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 and Board 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.

CEO executive director top management comp Part VI line 15A

Members of the Board confer and agree on compensation for the Executive Director.

Governing documents etc available to public Part VI line 19

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

Filing and Contact Details

Filer

Filer Name
Live It Learn It
EIN
35-2247059
Address
735 8th Street SE STE 300, Washington, DC 20003

Signing Officer

Name
Erin McSpadden
Title
Co-Executive Di
Phone
2025466223
Signed
2024-04-29
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Dc
Voting Board Members
14
Independent Board Members
14
Employees
11
Volunteers
12

Preparer

Firm
Mullins PC
Address
7625 Wisconsin Avenue, Bethesda, MD 20814
Preparer
John Mullins
Phone
2027706371
Supplemental Narrative

Additional Explanations

General explanation attachment

Mission Statement Continuation:Partnerships with Title I Schools: We offer our exceptional programs to students who attend schools in high-poverty neighborhoods 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 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.

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

Live It Learn It follows the Financial Accounting Standards Board Accounting Standards Codification, which provides guidance on accounting for uncertainty in income taxes recognized in Live It Learn Its financial statements, if any. As of yearend, Live It Learn It had no unrecognized tax benefits related to uncertain tax positions in its information return that would qualify for either recognition or disclosure in its financial statements. Live It Learn Its policy would be to recognize interest and penalties on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements.Through year end, there have been no matters that would have resulted in an accrual for interest and/or penalties.

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IRS990/Desc0LILI partners with public schools and cultural institutions to create and deliver experiential learning opportunities for students in order to increase their self-efficacy, build on their intrinsic motivation, and support their scholarly achievements.For nearly 20 years, Live It Learn It has addressed educational inequities in Washington, DC by immersing elementary-aged students in learning experiences that expose them to new places, content, and career options. As a result, students build schema (a critical component of literacy proficiency), gain confidence as learners, and develop a sense of belonging to the broader DC community. During the 2022-23 school year we partnered with 95 classrooms from 15 schools, the highest numbers since before the pandemic, serving approximately 1,900 students in 3rd-5th grade and ensuring that they experienced joyful, relevant, and engaging out-of-classroom learning. We utilize DCs tremendous cultural resourcesarguably our citys greatest competitive advantage in educationin an accessible, equitable way for the academic and socio-emotional benefit of our students.Over the course of the school year, students engaged in two experiential learning units focused on art, history, and science. All students participated in a brief hands-on pre-lesson in the classroom that provides them with the needed vocabulary, context, and background knowledge to get the most of the field experience. This is immediately followed by the field experience itself, and finally, within a day or two, a classroom post-lesson during which students synthesized their newfound knowledge through discussion and hands-on activities. All units are led by our highly-trained experiential educators. One recent accomplishment of which we are particularly proud is our revamped curriculum. Based on feedback from DCPS teachers, we have revised older units and created nearly 15 new units that completely align with DCPS Scope & Sequence. Therefore, Weve ensured that teachers are able to schedule their Live It Learn It units when it makes the most sense with their existing curriculum and is the most beneficial for students. To put it simply, our work now fully supports and expands upon what teachers are teaching in their classrooms at any given time. In order to remove barriers and ensure access for Title I schools, Live It Learn It manages all of the scheduling logistics pertaining to programmingfrom arranging times to go to classrooms for pre- and post- lessons, to coordinating with the destination sites, to securing (and paying for) bus transportation for the field experience. Live It Learn It also supplies all materials needed for a unit, including our own carefully-crafted, interdisciplinary, age-appropriate curricular materials that support national and DC standards, the equipment required when technology is needed for a lesson, and even simple items, like pencils, should any student need one. We ensure that no child is ever excluded from learning by removing any and all barriers. In order to remove barriers and ensure access for Title I schools, Live It Learn It manages all of the scheduling logistics pertaining to programmingfrom arranging times to go to classrooms for pre- and post- lessons, to coordinating with the destination sites, to securing (and paying for) bus transportation for the field experience. Live It Learn It also supplies all materials needed for a unit, including our own carefully-crafted, interdisciplinary, age-appropriate curricular materials that support national and DC standards, the equipment required when technology is needed for a lesson, and even simple items, like pencils, should any student need one. We ensure that no child is ever excluded from learning by removing any and all barriers. In Washington, DC, we are seen by schools and cultural institutions as the premier partner in experiential learning. Our model ensures we connect students with destinations in ways that maximize learning and inspire them
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