What is LACER Afterschool Programs?
LACER Afterschool Programs is dedicated to enhancing student academic performance through comprehensive daily Homework Clubs. Serving high school and middle school students, the program provides qualified tutors across all subjects, along with essential resources such as supplies, printers, and computers. The impact is demonstrably positive, with students attending five days a week seeing their grades improve by a full letter grade. Furthermore, LACER boasts an impressive 94% graduation rate, significantly higher than the general student population, and attributes this success to its after-school engagement, with 86% of students attending school more frequently due to the program's offerings.
How much funding has LACER Afterschool Programs raised?
LACER Afterschool Programs has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for LACER Afterschool Programs?
The substantial capital infusion, particularly the recent major strategic investment, positions LACER Afterschool Programs for significant expansion and enhanced service delivery. This late-stage funding suggests a focus on scaling operations, potentially broadening its reach to more schools and students, and further solidifying its infrastructure. The organization is poised to leverage this backing to deepen its impact on student success and graduation rates, reinforcing its commitment to academic achievement and educational equity.
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