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Live The Solution Dba Earn To Learn

Earn To Learn

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261151754 ✦ Tucson, AZ ✦ Designated as a 501(c)(3)

Overview

What is Live The Solution Dba Earn To Learn?

Live the Solution DBA Earn to Learn is a pioneering, nonprofit organization based in Arizona, dedicated to enhancing post-secondary education access and completion, particularly for students from lower socio-economic backgrounds. Established in 2013, it operates the largest and most successful matched-savings scholarship program in the U.S., combining student savings with scholarships, financial education, and college success coaching. This holistic approach helps low to moderate income and underrepresented students obtain a college education with little to no student loan debt. Students deposit $500 annually into a savings account, which is then matched 8:1, providing $4,500 per academic year to offset education costs. The program has demonstrated promising results with high first-year retention rates, graduation rates above the national average, and a significant reduction in student loan debt for participants. Earn to Learn is currently partnering with several universities and community colleges in Arizona and aiming to expand to rural areas. It has garnered attention from the governor's office and federal legislators, with the potential to become a national model for financial aid.


Official website here: www.earntolearn.org

Is Live The Solution Dba Earn To Learn legitimate?

Live The Solution Dba Earn To Learn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Live The Solution Dba Earn To Learn submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $315,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,056,688

For more financial information, click here


Official website here: www.earntolearn.org

What is the mission statement of Live The Solution Dba Earn To Learn?

Live The Solution Dba Earn To Learn's mission is centered around empowering students to achieve their educational goals and prepare for the workforce with minimal student debt. They accomplish this mission through a four-pillar approach, which includes matched savings scholarships, success coaching and advising, financial education, and workforce readiness training. The matched savings scholarships provide funding up to $4,500 per academic year, while the coaching and advising services assist students in navigating university services and financial aid applications. Financial education introduces best practices in personal finance, and workforce readiness training equips students with skills such as critical thinking, leadership, and teamwork.


Official website here: www.earntolearn.org

Who is the CEO of Live The Solution Dba Earn To Learn?

Kellie Terhune Neely is the Chair of Live The Solution Dba Earn To Learn. The CEO's salary of Live The Solution Dba Earn To Learn is $173,499 and their total compensation is $190,568.


Official website here: www.earntolearn.org

What is the revenue of Live The Solution Dba Earn To Learn?

Live The Solution Dba Earn To Learn's revenue in 2022 was $3,231,880.


Official website here: www.earntolearn.org

Who are the executives of Live The Solution Dba Earn To Learn and what are their salaries?

The average compensation at Live The Solution Dba Earn To Learn during 2022 was $16,733. There are 82 employees and 115 volunteers at Live The Solution Dba Earn To Learn.

Here are 14 key members and their salaries (Live The Solution Dba Earn To Learn's CEO's salary is $173,499 and their total compensation is $190,568):

    Katherine L Hoffman (Chief Executive Officer)
  • Compensation: $173,499
  • Related: $0
  • Other: $17,069

    • Leslie Shultz-Crist (Chief Operating Officer)
  • Compensation: $87,501
  • Related: $0
  • Other: $12,801

    • Autumn Van Den Berg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beatriz Rendon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Parsons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karla Morales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miranda Yousif (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nikita Wolff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Couser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Holmes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kellie Terhune Neely (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arturo Perez (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Nay (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Balu Natarajan (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.earntolearn.org

    Where can I find the form 990 for Live The Solution Dba Earn To Learn?

    The Live The Solution Dba Earn To Learn’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.earntolearn.org

    Learn more at the official website: www.earntolearn.org

    Mission Statement of Live The Solution Dba Earn To Learn

    Live The Solution Dba Earn To Learn, a nonprofit organization, is dedicated to empowering students and helping them achieve their goals while becoming workforce-ready with minimal to no student debt. They accomplish this mission through a four-pillar approach to financial preparation. This includes matched savings scholarships, where students' savings are matched 8:1 through a public-private funding model, providing up to $4,500 in funding per academic year. The program also offers success coaching and advising to assist in completing applications for admissions and financial aid, troubleshoot obstacles, and navigate university services. Furthermore, Earn To Learn provides financial education, introducing students to best practices in personal finance, financial literacy, and a lifetime commitment to saving, helping reduce student loan debt and prepare for a healthy financial life. The workforce readiness component of the program equips students with skills employers seek, such as critical thinking, planning, leadership, and teamwork. Additionally, the organization offers training in resume writing and interviewing.

    Impact

    This information is meant to be a general summary of Live The Solution Dba Earn To Learn. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Live The Solution Dba Earn To Learn is making a significant impact by empowering students to achieve their goals and be workforce ready with little to no student debt. Through their innovative approach to financial preparation, including matched savings scholarships, success coaching, financial education, and workforce readiness training, they are helping low to moderate-income and underrepresented students attain a college education and graduate prepared for the workforce. The data demonstrates their success, with high retention rates, above-average graduation rates, and students graduating with significantly less student loan debt compared to their peers.

    Their holistic approach is changing lives and opening doors of higher education to those who may not have had the opportunity otherwise. The program's success has garnered national attention, with numerous states expressing interest in replicating the model. Additionally, federal legislation has been introduced to create a federally funded program based on Earn To Learn's success. Overall, Earn To Learn is not only helping individual students but also contributing to societal outcomes through financial literacy, access to education, and economic mobility.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $3,231,880

    • Assets and Liabilities:
  • Total Assets: $1,520,370
  • Total Liabilities: $499,837
  • Net Assets: $1,020,533
  • Organization Details

    Founding Year

    2008

    Principal Officer

    Kellie Terhune Neely

    Main Address

    6336 N ORACLE ROAD STE 326 106, TUCSON, AZ, 85704

    NTEE Category

    Code: P51 - Human services

    If you are a representative of Live The Solution Dba Earn To Learn and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.