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Nonprofiteer
← LITERATIONS CORP

Form 990 for tax year 2023

Filed by LITERATIONS CORP.

Totals

Total revenue
$1,985,970
Total expenses
$1,739,399
Contributions and grants received
$1,694,761
Grants paid
$0
Program service revenue
$237,426
Investment income
$3,968
Other revenue
$49,815
Total assets, end of year
$1,331,932
Total liabilities, end of year
$98,441
Net assets or fund balances, end of year
$1,233,491
Program services expenses (Part IX)
$1,223,166
Management and general expenses
$385,278
Fundraising expenses
$130,955
Program service expenses (Part III)
$1,223,166

Program services were 70.3% 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

    $115,777

  • 1e · Government grants (contributions)

    $289,226

  • 1f · All other contributions, gifts and grants

    $1,289,758

  • 2a · Program service revenue: PARTICIPATION FEES

    total $237,426 · related or exempt $237,426

  • 3 · Investment income

    total $3,968 · excluded $3,968

  • 8a · Fundraising events: gross income

    $72,729

  • 8a · Fundraising events: contributions included on line 1c

    $115,777

  • 8b · Fundraising events: direct expenses

    $22,914

  • 8c · Net income from fundraising events

    total $49,815 · excluded $49,815

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $186,823 · program services $93,411 · management and general $37,365 · fundraising $56,047

  • 7 · Other salaries and wages

    total $768,494 · program services $667,368 · management and general $83,416 · fundraising $17,710

  • 9 · Other employee benefits

    total $56,550 · program services $36,126 · management and general $16,392 · fundraising $4,032

  • 10 · Payroll taxes

    total $76,277 · program services $63,130 · management and general $8,167 · fundraising $4,980

  • 11c · Fees: accounting

    total $105,749 · management and general $105,749

  • 11g · Fees: other

    total $118,196 · program services $102,116 · fundraising $16,080

  • 12 · Advertising and promotion

    total $7,619 · program services $3,871 · management and general $214 · fundraising $3,534

  • 13 · Office expenses

    total $44,673 · program services $2,391 · management and general $37,863 · fundraising $4,419

  • 14 · Information technology

    total $21,334 · program services $2,426 · management and general $18,908

  • 16 · Occupancy

    total $45,871 · program services $33,247 · management and general $7,633 · fundraising $4,991

  • 17 · Travel

    total $17,897 · program services $15,471 · management and general $1,488 · fundraising $938

  • 23 · Insurance

    total $9,994 · program services $4,764 · management and general $5,230

  • 24a · Other expenses: VOLUNTEER INCENTIVES AN

    total $169,470 · program services $159,448 · management and general $10,022

  • 24b · Other expenses: RECRUITMENT

    total $49,231 · program services $3,946 · management and general $45,285

  • 24c · Other expenses: EVENT COSTS

    total $24,517 · program services $6,477 · management and general $1,278 · fundraising $16,762

  • 24d · Other expenses: STAFF TRAINING AND DEVE

    total $23,291 · program services $15,893 · management and general $6,268 · fundraising $1,130

  • 24e · All other expenses

    total $13,413 · program services $13,081 · fundraising $332

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $412,653 · end of year $724,425

  • 2 · Savings and temporary cash investments

    beginning of year $226,432 · end of year $177,882

  • 3 · Pledges and grants receivable

    beginning of year $160,398 · end of year $173,843

  • 4 · Accounts receivable

    beginning of year $157,961 · end of year $146,710

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,514 · end of year $9,504

  • 11 · Investments: publicly traded securities

    beginning of year $76,787 · end of year $93,880

  • 15 · Other assets

    beginning of year $49,720 · end of year $5,688

  • 17 · Accounts payable and accrued expenses

    beginning of year $66,603 · end of year $96,253

  • 25 · Other liabilities

    beginning of year $46,220 · end of year $2,188

  • 27 · Net assets without donor restrictions

    beginning of year $625,642 · end of year $927,491

  • 28 · Net assets with donor restrictions

    beginning of year $353,000 · end of year $306,000

Mission and programs · 2023

Mission

LITERATIONS DRIVES EDUCATIONAL EQUITY THROUGH EXPERIENCED COMMUNITY VOLUNTEERS EMPOWERING YOUNG READERS FOR LIFELONG LEARNING. LITERATIONS ENVISIONS A DAY WHEN ALL STUDENTS, REGARDLESS OF ZIP CODE, ENTER THE FIFTH GRADE AS PROFICIENT READERS POISED FOR ACADEMIC SUCCESS.

  • LITERACY PROGRAM: LITERATIONS COLLABORATES WITH TEACHERS, SCHOOLS, PARTNERS, AND DISTRICTS TO PROVIDE TARGETED SUPPORT TO YOUNG STUDENTS (1ST - 4TH GRADE) WHO CAN BENEFIT FROM 1:1 STRUCTURED READING PRACTICE. ADULT TRAINED VOLUNTEERS ARE MATCHED WITH STUDENTS FOR TWICE WEEKLY SESSIONS THROUGHOUT THE SCHOOL YEAR TO READ AND PRACTICE UNDER THE SUPERVISION OF A CARING COACH AND MENTOR.THE ACTIVE AGING PROGRAM: THE ACTIVE AGING PROGRAM PROVIDES AARP EXPERIENCE CORPS VOLUNTEERS WITH MEANINGFUL ACTIVITIES, BEYOND THEIR WORK WITH STUDENTS, TO ENHANCE THEIR PHYSICAL, MENTAL AND SOCIAL WELL-BEING AND CONNECT THEM TO THE COMMUNITY.

    Expenses $1,223,166 · Revenue $237,426

As filed on the 2023 return.

Listed in Part VII

  • Charles Enicks

    EXECUTIVE DIRECTOR

    Total calculated
    $164,984
    From this org
    $146,606
    From related orgs
    $0
    Other
    $18,378
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $146,606
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $18,378
    Filer's total
    $164,984

  • Amy Danforth

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Tara Finnegan

    TREASURER/CLERK

    Total calculated
    $0
    Hours/week
    2

  • Julieann Tamayo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Wai-Chi Mok

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Barbara McMahon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Thomas Weber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Pat Larts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Thomas Sneed

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Mariann Youniss

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • George Blount

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Megan McBryde

    FORMER DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Christine Astrove

    FORMER DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE BOARD DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION ANNUALLY BASED ON PERFORMANCE AND COMPARISON OF OTHER EXECUTIVE DIRECTOR SALARIES IN SIMILAR SIZE ORGANIZATION AND FIELDS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
16 January 2025
IRS schema version
2023v6.0
Source object
202520169349301202

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