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Learning Is For Everyone Inc Organization Name provided in the GuideStar Exchange* as of 04/07/2014: Learning Is For Everyone Inc

Organization Name as listed in the IRS Business Master File as of 07/14/2014: LEARNING IS FOR EVERYONE INC

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

AKA  LI4E.org
Tampa, FL
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GuideStar Summary

&1002;                GuideStar Exchange Committed to transparency ?
This organization is a Gold-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit and Charting Impact Report are available
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Basic Organization Information

Learning Is For Everyone Inc Organization Name provided in the GuideStar Exchange* as of 04/07/2014: Learning Is For Everyone Inc

Organization Name as listed in the IRS Business Master File as of 07/14/2014: LEARNING IS FOR EVERYONE INC

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Also Known As: LI4E.org
Physical Address: Tampa, FL 33605 
EIN: 20-0126458
Web URL: www.li4e.org 
NTEE Category: B Educational Institutions
B01 Alliance/Advocacy Organizations
R Civil Rights, Social Action, Advocacy
R01 Alliance/Advocacy Organizations
S Community Improvement, Capacity Building
S01 Alliance/Advocacy Organizations
Ruling Year: 2004 
How This Organization Is Funded: Hillsborough County - $18,500
Jamie Klingman - $4,000
In-Kind Donations - $5,000


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Mission Statement

LI4E is a 501(c)(3) nonprofit organization that supports community innovation and entrepreneurship..

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990-N.

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

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Annual Revenue & Expenses (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
April 2014)

Fiscal Year Starting: April 1, 2012
Fiscal Year Ending: March 31, 2013

Total Revenue $2,828
Total Expenses $3,517

Revenue & Expenses (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
April 2014)

Fiscal Year Starting: April 1, 2012
Fiscal Year Ending: March 31, 2013

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Balance Sheet

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Forms 990 Received from the IRS Additional Information
IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

Please see the Form(s) 990 provided by the Nonprofit in the section below.

Forms 990 Provided by the Nonprofit

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Financial Statements

Chart Illustration Financial Statements for 2012, 2011, 2010 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Annual Reports

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The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

Leadership (GuideStar Exchange,
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April 2014)

Mr. Irv Cohen

Term:

Since Mar 2013

Profile:

Irv Cohen, Board Chairman, is the Managing Director of Innovations Capital Group, a boutique investment bank and advisory firm, located in Tampa, Florida. Mr. Cohen also serves on the Board of Big Brothers and Big Sisters and is a Big Brother himself. An avid education supporter, Mr Cohen has served on numerous Education related boards and is currently a Board member of C2 One Fit Labs. Mr Cohen has also been an enthusiastic supporter of the local entrepreneurial community. Mr Cohen was responsible for building world-class businesses for global financial organizations throughout his career. Mr. Cohen has held numerous senior management positions including serving as President of J.P. Morgan Treasury Technologies Corporation; Managing Director of ABN AMRO, Inc.; Chief Financial Officer and Chief Operating Officer for Lehman Brothers Fixed Income business and Chief Operating Officer and Chief Financial Officer of Barclays Bank, North America.

Leadership Statement:

As we move into the end of our first decade, we're proud of the new ways of thinking and learning that we've brought to our immediate community and into the larger education conversation and look forward to creating more exciting, innovative and economically productive ways to live and learn together.

Board Chair (GuideStar Exchange,
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April 2014)

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Board of Directors (GuideStar Exchange,
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April 2014)

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Board Leadership Practices (GuideStar Exchange,
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April 2014)
?

Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Yes
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
No
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Yes
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
No
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
No

Officers for Fiscal Year (IRS Form 990)

Officers information is not available for this organization.

Highest Paid Employees & Their Compensation (IRS Form 990)

Highest Paid Employee data is not available for this organization.

People information was last updated by the nonprofit in April 2014

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Programs

Program: Community Innovation Center (GuideStar Exchange,
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April 2014)

Budget:
$10,000
Category:
Education & Technology
Population Served:
Adults
Youth/Adolescents only (14 - 19 years)
Young Adults (20-25 years) -- currently not in use

Program Description:

The LI4E Community Innovation Center at John F. Germany Library in downtown Tampa is a 10,000 square foot state-of-the-art creative space that will bring new functionality to the Library, provide small business support and pioneer new avenues of creative expression, knowledge acquisition and entrepreneurship for people of all ages , backgrounds, abilities and interests. The mission of the LI4E Community Innovation Center (CIC) is to provide capacity building and commensurate economic development to area residents and other members of the community in cost effective, collaborative ways, utilizing the existing expertise and experience of community members who are professionals in their fields.

Program Long-Term Success:

This is a new program still under development.

Program Short-Term Success:

The space is mostly built out, with collaborative partnerships in place with SCORE and other organizations.

Program Success Monitored by:

We monitor our success by the increasing awareness of the makerspace concept by the general public and community agencies, and a greater willingness to explore the creation of these spaces in existing public facilities.

Program Success Examples:

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Reviews

Organization Data Available

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  • Letter of Determination
  • Form 1023 / 1024
  • Board Members
  • Officer, Director and/or Highest Paid Employee data for


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