Totals
- Total revenue
- $2,647,346
- Total expenses
- $2,370,904
- Contributions and grants received
- $2,123,655
- Grants paid
- $0
- Program service revenue
- $539,851
- Investment income
- $32,761
- Other revenue
- -$48,921
- Total assets, end of year
- $1,417,471
- Total liabilities, end of year
- $51,939
- Net assets or fund balances, end of year
- $1,365,532
- Program services expenses (Part IX)
- $1,766,468
- Management and general expenses
- $236,238
- Fundraising expenses
- $368,198
- Program service expenses (Part III)
- $1,766,468
Program services were 74.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$513,232
-
1f · All other contributions, gifts and grants
$1,610,423
-
1g · Noncash contributions included above
$133,067
-
2a · Program service revenue: Program fees
total $539,851 · related or exempt $539,851
-
3 · Investment income
total $27,660 · excluded $27,660
-
7a · Gross sales of assets other than inventory
securities $64,364
-
7b · Less cost or other basis and sales expenses
securities $59,263
-
7c · Gain or loss
securities $5,101
-
7d · Net gain or loss
total $5,101 · excluded $5,101
-
8a · Fundraising events: gross income
$111,833
-
8a · Fundraising events: contributions included on line 1c
$513,232
-
8b · Fundraising events: direct expenses
$160,754
-
8c · Net income from fundraising events
total -$48,921 · excluded -$48,921
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $136,269 · program services $34,067 · management and general $68,135 · fundraising $34,067
-
7 · Other salaries and wages
total $1,676,715 · program services $1,369,391 · management and general $93,674 · fundraising $213,650
-
9 · Other employee benefits
total $51,673 · program services $43,916 · management and general $1,543 · fundraising $6,214
-
10 · Payroll taxes
total $134,581 · program services $104,464 · management and general $11,790 · fundraising $18,327
-
11c · Fees: accounting
total $47,960 · management and general $47,960
-
11g · Fees: other
total $26,765 · program services $10,371 · management and general $1,509 · fundraising $14,885
-
12 · Advertising and promotion
total $53,231 · program services $25,251 · fundraising $27,980
-
13 · Office expenses
total $90,855 · program services $63,746 · management and general $2,051 · fundraising $25,058
-
14 · Information technology
total $41,812 · program services $19,632 · management and general $2,712 · fundraising $19,468
-
17 · Travel
total $15,199 · program services $12,594 · management and general $1,112 · fundraising $1,493
-
19 · Conferences, conventions and meetings
total $8,322 · program services $5,410 · management and general $1,422 · fundraising $1,490
-
23 · Insurance
total $17,099 · program services $15,023 · management and general $2,076
-
24a · Other expenses: Program supplies
total $59,977 · program services $59,977
-
24b · Other expenses: Dues and subscriptions
total $6,644 · management and general $1,575 · fundraising $5,069
-
24c · Other expenses: Staff development
total $3,802 · program services $2,626 · management and general $679 · fundraising $497
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $144,107 · end of year $593,680
-
2 · Savings and temporary cash investments
beginning of year $580,807 · end of year $397,187
-
3 · Pledges and grants receivable
beginning of year $65,450 · end of year $88,400
-
4 · Accounts receivable
beginning of year $44,000 · end of year $49,500
-
9 · Prepaid expenses and deferred charges
beginning of year $45,473 · end of year $16,640
-
11 · Investments: publicly traded securities
beginning of year $260,826 · end of year $272,064
-
15 · Other assets
beginning of year $1,255 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $49,328 · end of year $51,939
-
19 · Deferred revenue
beginning of year $3,500
-
27 · Net assets without donor restrictions
beginning of year $1,003,640 · end of year $1,227,132
-
28 · Net assets with donor restrictions
beginning of year $85,450 · end of year $138,400
Mission and programs · 2024
Mission
To empower children and families through literacy.
-
The 25-week Reading Intervention program provides individualized, small-group reading tutorials for at-risk students in grades K-6 to help them become readers by the end of 3rd grade. The Reading Express mobile classroom visits low-income communities to provide reading readiness programming for young children (2 months to age 4). It empowers their parents to take an active role in their education.
Expenses $1,766,468 · Revenue $539,851
As filed on the 2024 return.
Listed in Part VII
-
Deepak Manoharan
Chair
- Total calculated
- $0
- Hours/week
- 2
-
Nathan Brownell
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jessica Faith Carter
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jasmine Castleberry
Director
- Total calculated
- $0
- Hours/week
- 2
-
Fred Charlton
Director
- Total calculated
- $0
- Hours/week
- 2
-
Giselle Greenwood
Director
- Total calculated
- $0
- Hours/week
- 2
-
John Haley
Director
- Total calculated
- $0
- Hours/week
- 2
-
Monsterville Horton
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer Howard
Director
- Total calculated
- $0
- Hours/week
- 2
-
Paul LeBlanc
Director
- Total calculated
- $0
- Hours/week
- 2
-
Deviyani Misra-Godwin
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jacquelyn Smith
Director
- Total calculated
- $0
- Hours/week
- 2
-
Andy Waite
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jacklyn Wilson from 824
CEO
- Total calculated
- $101,310
- From this org
- $94,076
- From related orgs
- $0
- Other
- $7,234
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202620719349300007
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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