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Living Classrooms Foundation INC

Public charityFed auditsIRS 990
Other · BALTIMORE, MD · EIN 52-1369524

About

Living classrooms foundation is a nonprofit organization, operated for the benefit of the community at large, providing hands on education and job training for students from diverse backgrounds, with a special emphasis on serving at-risk youth. The foundation uses maritime settings, community revitalization projects and other challenging learning environments, with a low staff to student ratio. Our experience based educational programs emphasize the applied learning of MATH, science, language arts, history, economics and ecology. Key objectives of ALL living classrooms programs are career development, cooperative learning, elevating self-esteem, and fostering multicultural exchange. Living classrooms foundation provides over 30 educational programs.

Donations are tax-deductible
Category
Other
Employees
425
Volunteers
1,218

Financial Snapshot

FY ending 2022-12-31
Revenue
$14.5M
Expenses
$9.8M
Assets
$43.0M
Liabilities
$7.2M

Financial history

$15.8M$7.9M$0
16171819202122
RevenueExpenses
Latest FY2022: $14.5M · Peak FY2016: $15.8M · Avg: $12.3M
LIVING CLASSROOMS FOUNDATION INC
Your actions

Address

1417 Thames Street
Baltimore, MD, 21231-366

Governance

Voting board members79
Independent members79
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Permanent endowment %85.0%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$8.1M
Net to org$8.0M
Retained by contractors$130K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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