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Nonprofiteer
← CHILDRENS LITERACY FOUNDATION

Form 990 for tax year 2023

Filed by CHILDRENS LITERACY FOUNDATION.

Totals

Total revenue
$1,045,185
Total expenses
$1,027,872
Contributions and grants received
$1,037,253
Grants paid
$0
Program service revenue
$0
Investment income
$7,932
Other revenue
$0
Total assets, end of year
$3,617,357
Total liabilities, end of year
$20,151
Net assets or fund balances, end of year
$3,597,206
Program services expenses (Part IX)
$837,384
Management and general expenses
$96,497
Fundraising expenses
$93,991
Program service expenses (Part III)
$837,384

Program services were 81.5% 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.

  • 1f · All other contributions, gifts and grants

    $1,037,253

  • 1g · Noncash contributions included above

    $50,405

  • 3 · Investment income

    total $47,182 · excluded $47,182

  • 7a · Gross sales of assets other than inventory

    securities $153,563

  • 7b · Less cost or other basis and sales expenses

    securities $192,813

  • 7c · Gain or loss

    securities -$39,250

  • 7d · Net gain or loss

    total -$39,250 · excluded -$39,250

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $90,000 · program services $72,900 · management and general $7,200 · fundraising $9,900

  • 7 · Other salaries and wages

    total $221,344 · program services $179,289 · management and general $17,708 · fundraising $24,347

  • 10 · Payroll taxes

    total $23,818 · program services $19,293 · management and general $1,905 · fundraising $2,620

  • 11c · Fees: accounting

    total $20,031 · management and general $20,031

  • 11f · Fees: investment management

    total $5,459 · management and general $5,459

  • 11g · Fees: other

    total $3,353 · management and general $3,353

  • 13 · Office expenses

    total $9,258 · program services $7,500 · management and general $741 · fundraising $1,017

  • 14 · Information technology

    total $6,617 · program services $5,360 · management and general $529 · fundraising $728

  • 17 · Travel

    total $4,379 · program services $3,547 · management and general $350 · fundraising $482

  • 20 · Interest

    total $80 · management and general $80

  • 22 · Depreciation, depletion and amortization

    total $53,660 · program services $43,465 · management and general $4,293 · fundraising $5,902

  • 23 · Insurance

    total $7,826 · program services $6,339 · management and general $626 · fundraising $861

  • 24a · Other expenses: PROGRAM EXPENSES

    total $356,767 · program services $356,767

  • 24b · Other expenses: PRESENTER STIPENDS

    total $119,480 · program services $119,480

  • 24c · Other expenses: FUNDRAISING OUTREACH

    total $42,186 · fundraising $42,186

  • 24d · Other expenses: OUTSIDE SERVICES

    total $25,604 · management and general $25,604

  • 24e · All other expenses

    total $38,010 · program services $23,444 · management and general $8,618 · fundraising $5,948

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $425,081 · end of year $383,684

  • 2 · Savings and temporary cash investments

    beginning of year $48,626 · end of year $23,763

  • 3 · Pledges and grants receivable

    beginning of year $144,502 · end of year $112,058

  • 8 · Inventories for sale or use

    beginning of year $54,135 · end of year $72,002

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,514 · end of year $4,210

  • 10a · Land, buildings and equipment: cost or other basis

    $1,919,238

  • 10b · Land, buildings and equipment: accumulated depreciation

    $82,408

  • 10c · Land, buildings and equipment, net

    beginning of year $1,883,190 · end of year $1,836,830

  • 11 · Investments: publicly traded securities

    beginning of year $1,074,594 · end of year $1,184,810

  • 17 · Accounts payable and accrued expenses

    beginning of year $161,076 · end of year $17,660

  • 25 · Other liabilities

    end of year $2,491

  • 27 · Net assets without donor restrictions

    beginning of year $3,065,616 · end of year $3,388,498

  • 28 · Net assets with donor restrictions

    beginning of year $404,950 · end of year $208,708

Mission and programs · 2023

Mission

CLIF'S MISSION IS TO NURTURE A LOVE OF READING AND WRITING AMONG UNDER RESOURCED CHILDREN UP TO AGE 12 THROUGHOUT NEW HAMPSHIRE AND VERMONT. SINCE 1998 CLIF'S INSPIRING LITERACY PROGRAMS AND OUR 60+ PROFESSIONAL PRESENTERS (AUTHORS, ILLUSTRATORS, POETS, AND STORYTELLERS) HAVE SERVED MORE THAN 350,000 CHILDREN IN 430 COMMUNITIES ACROSS THE TWIN STATES, AND CLIF HAS DONATED MORE THAN 10 MILLION IN NEW BOOKS TO THOSE CHILDREN WHO NEED THEM THE MOST: CHILDREN IN SHELTERS AND LOW-INCOME HOUSING; REFUGEE AND FOSTER CHILDREN; CHILDREN IN RURAL COMMUNITIES WITH LIMITED RESOURCES; CHILDREN OF PRISON INMATES; AND MANY OTHERS.

Activities or mission (Part I)

CLIF'S MISSION IS TO INSPIRE A LOVE OF READING AND WRITING AMONG UNDER RESOURCED CHILDREN UP TO AGE 12 THROUGHOUT NEW HAMPSHIRE AND VERMONT.

  • THE CHILDREN'S LITERACY FOUNDATION (CLIF) OPERATES SEVEN LITERACY PROGRAMS FOR UNDER-RESOURCED CHILDREN UP TO AGE TWELVE IN NEW HAMPSHIRE AND VERMONT TO SUPPORT SUCCESS IN LEARNING AND LIFE. SERVING 20,000 CHILDREN EACH YEAR, THROUGH PARTNERSHIP WITH OVER 150 COMMUNITY ORGANIZATIONS, EACH OF CLIF'S PROGRAMS PROVIDES LITERACY EXPERIENCES AND NEW BOOKS TO CHILDREN WHO MAY NOT HAVE ACCESS TO SUCH OPPORTUNITIES. OVER 50,000 BOOKS WERE GIVEN AWAY TO CHILDREN THIS PAST YEAR. CLIF PROVIDES NEW BOOKS TO CLASSROOMS, COMMUNITY- BASED ORGANIZATIONS, AND CORRECTIONAL FACILITIES, AND NEW LIBRARY BOOKS TO SCHOOL AND COMMUNITY LIBRARIES. CLIF PROVIDES SUPPORT TO COMMUNITY PARTNERS FOR CREATIVE LITERACY PROJECTS WITH THE STUDENTS AND CHILDREN THEY SERVE. CLIF ALSO PROVIDES INFORMATION, RESOURCES, AND SEMINARS TO PARENTS AND CAREGIVERS SO THAT THEY MAY ENCOURAGE READING AND WRITING FOR CHILDREN. ADDITIONALLY, CLIF OFFERS PROFESSIONAL DEVELOPMENT FOR TEACHERS, LIBRARIANS, AND OTHERS THROUGH CONFERENCES AND AN ARRAY OF ONLINE RESOURCES. CLIF PROGRAMS ARE AS FOLLOWS: YEAR OF THE BOOK: THIS COMPREHENSIVE PROGRAM PROVIDES TEN SELECTED SCHOOLS WITH 25,000 IN LITERACY PROGRAMS WITH AUTHORS/ILLUSTRATORS, EDUCATOR SUPPORT AND NEW BOOKS FOR STUDENTS OVER THE COURSE OF THE SCHOOL YEAR. ONLY SCHOOLS WITH MORE THAN 35% OF THEIR STUDENTS ON FREE OR REDUCED LUNCH ARE ELIGIBLE. ALL YEAR OF THE BOOK PARTNERS ARE ELIGIBLE FOR 1000 IN FREE PROGRAMMING IN THE SUBSEQUENT YEAR TO MAINTAIN MOMENTUM IN LITERACY ENGAGEMENT. RURAL LIBRARIES: THIS PROGRAM SUPPORTS LIBRARIES THAT SERVICE TOWNS OF LESS THAN 5,000 PEOPLE. SELECTED LIBRARIES RECEIVE 2,000 IN NEW BOOKS AS WELL TWO LITERACY EVENTS, INCLUDING ONE AT THE LOCAL ELEMENTARY SCHOOL ALONG WITH BOOKS FOR THE SCHOOL'S LIBRARY AND A BOOK GIVEAWAY FOR THE STUDENTS. CHILDREN OF INCARCERATED ADULTS: THIS PROGRAM WORKS WITH FIVE PRISONS IN NH AND VT, PROVIDING SEMINARS TO THE INMATES ON THE IMPORTANCE OF CHILDREN'S LITERACY, BOOK DONATIONS TO THE FAMILY VISITING ROOM, AND FREE BOOKS CHOSEN BY THE INMATES AND SENT HOME TO THEIR CHILDREN. COMMUNITY LITERACY (FORMERLY KNOWN AS "AT-RISK YOUTH"): THIS PROGRAM PARTNERS WITH 20 COMMUNITY-BASED ORGANIZATIONS SERVING CHILDREN, INCLUDING: LOW-INCOME HOUSING, AFTER-SCHOOL PROGRAMS, CHILDCARE CENTERS, SUMMER CAMPS, AND ELL CLASSROOMS. THE CHILDREN ATTEND AN AUTHOR/ILLUSTRATOR PRESENTATION AND RECEIVE NEW BOOKS, CAREGIVERS ARE OFFERED INFORMATION OF CHILDREN'S LITERACY, AND THE ORGANIZATION RECEIVES NEW BOOKS TO KEEP ON-SITE. SUMMER READERS: THIS PROGRAM IS OFFERED TO ANY ELIGIBLE SUMMER PROGRAM IN NH OR VT WHICH SERVES CHILDREN FROM UNDER-RESOURCED COMMUNITIES. THE PROGRAM PROVIDES AN AUTHOR/ILLUSTRATOR PRESENTATION AND A BOOK GIVEAWAY. LITERACY ENRICHMENT (NEW IN 2024): THIS PROGRAM PROVIDES UP TO 1,000 IN FUNDING TO ANY ELIGIBLE COMMUNITY PARTNER FOR EXPERIENTIAL AND/OR CREATIVE PROGRAMMING DESIGNED TO BRING "LITERACY TO LIFE" FOR CHILDREN. SPARK (FORMERLY KNOWN AS "REVIVE"). THIS PROGRAM IS OFFERED TO ANY CLIF COMMUNITY PARTNER WHO HAS WORKED WITH CLIF WITHIN THE PAST THREE YEARS, PROVIDING 500 FOR THE ORGANIZATION TO USE IN LITERACY PROGRAMMING AS THEY CHOOSE.

    Expenses $837,384

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mark Beams

    CHAIR

    Total calculated
    $0
    Hours/week
    6

  • Posie Taylor

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    6

  • John Vogel

    TREASURER

    Total calculated
    $0
    Hours/week
    6

  • Zach Haggerty

    SECRETARY

    Total calculated
    $0
    Hours/week
    6

  • Lisa Ferneau

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Jeremy Harrington

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Sandy Kelsey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • S Caroline Kerr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Kathy McGowan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Rick Mills

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Blanche Podhajski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Mary Margaret Sloan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Laura Rice

    EXECUTIVE DI

    Total calculated
    $78,000
    From this org
    $78,000
    From related orgs
    $0
    Other
    $0
    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
2023
Filed
10 February 2025
IRS schema version
2023v6.0
Source object
202530429349301543

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