LINCOLN EDUCATIONAL SERVICES CORP
For the period ended Dec 31, 2023. Filed Mar 5, 2024.
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FY2023 · Filed Mar 5, 2024
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Item 16. FORM 10-K SUMMARY
None.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| LINCOLN EDUCATIONAL SERVICES CORPORATION | |
| By: | /s/ Brian Meyers |
| Brian Meyers | |
| Executive Vice President, Chief Financial Officer and Treasurer | |
| (Principal Accounting and Financial Officer) | |
| Date: | March 4, 2024 |
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POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each of the undersigned constitutes and appoints Scott M. Shaw and Brian K. Meyers, and each of them, as attorneys-in-fact and agents, with full power of substitution and re-substitution, for and in the name, place and stead of the undersigned, in any and all capacities, to sign any and all amendments to this Annual Report on Form 10-K, and to file the same, with all exhibits thereto and all other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that each of said attorney-in-fact or substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| Signature | Title | Date |
|---|---|---|
| /s/ Scott M. Shaw | Chief Executive Officer and Director | March 4, 2024 |
| Scott M. Shaw | ||
| /s/ Brian K. Meyers | Executive Vice President, Chief Financial Officer and Treasurer (Principal Accounting and Financial Officer) | March 4, 2024 |
| Brian K. Meyers | ||
| /s/ John A. Bartholdson | Director | March 4, 2024 |
| John A. Bartholdson | ||
| /s/ James J. Burke, Jr. | Director | March 4, 2024 |
| James J. Burke, Jr. | ||
| /s/ Kevin M. Carney | Director | March 4, 2024 |
| Kevin M. Carney | ||
| /s/ J. Barry Morrow | Director | March 4, 2024 |
| J. Barry Morrow | ||
| /s/ Michael A. Plater | Director | March 4, 2024 |
| Michael A. Plater | ||
| /s/ Felecia J. Pryor | Director | March 4, 2024 |
| Felecia J. Pryor | ||
| /s/ Carlton Rose | Director | March 4, 2024 |
| Carlton Rose | ||
| /s/ Sylvia Jean Young | Director | March 4, 2024 |
| Sylvia Jean Young | ||
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INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
| Page Number | ||
| Reports of Independent Registered Public Accounting Firm - Report of Independent Registered Public Accounting Firm (PCAOB ID No. 34) | F-2 | |
|---|---|---|
| Consolidated Balance Sheets as of December 31, 2023 and 2022 | F-6 | |
| Consolidated Statements of Operations for the years ended December 31, 2023 and 2022 | F-8 | |
| Consolidated Statements of Other Comprehensive Income for the years ended December 31, 2023 and 2022 | F-9 | |
| Consolidated Statements of Changes in Convertible Preferred Stock and Stockholders’ Equity for the years ended December 31, 2023 and 2022 | F-10 | |
| Consolidated Statements of Cash Flows for the years ended December 31, 2023 and 2022 | F-11 | |
| Notes to Consolidated Financial Statements | F-13 | |
| Schedule II-Valuation and Qualifying Accounts | F-37 |
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REPORT
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.