Totals
- Total revenue
- $1,389,759
- Total expenses
- $1,331,373
- Contributions and grants received
- $1,313,065
- Grants paid
- $0
- Program service revenue
- $75,500
- Investment income
- $909
- Other revenue
- $285
- Total assets, end of year
- $938,768
- Total liabilities, end of year
- $276,868
- Net assets or fund balances, end of year
- $661,900
- Program services expenses (Part IX)
- $1,056,211
- Management and general expenses
- $155,331
- Fundraising expenses
- $119,831
- Program service expenses (Part III)
- $1,056,211
Program services were 79.3% 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.
-
1e · Government grants (contributions)
$776,950
-
1f · All other contributions, gifts and grants
$536,115
-
1g · Noncash contributions included above
$5,477
-
2a · Program service revenue: EDUCATIONAL CONTRACT REVENUE
total $75,000 · related or exempt $75,000
-
2b · Program service revenue: HONORARIA
total $500 · related or exempt $500
-
3 · Investment income
total $909 · excluded $909
-
11a · Other revenue: CLASS ACTION SETTLEMENT REIMB
total $285 · excluded $285
-
11e · Other revenue, total
$285
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $153,849 · program services $68,139 · management and general $42,855 · fundraising $42,855
-
7 · Other salaries and wages
total $788,214 · program services $682,666 · management and general $57,275 · fundraising $48,273
-
8 · Pension plan contributions
total $19,979 · program services $15,866 · management and general $1,869 · fundraising $2,244
-
9 · Other employee benefits
total $56,625 · program services $44,969 · management and general $5,296 · fundraising $6,360
-
10 · Payroll taxes
total $80,492 · program services $63,923 · management and general $7,529 · fundraising $9,040
-
11c · Fees: accounting
total $9,895 · management and general $9,895
-
11g · Fees: other
total $10,670 · program services $8,600 · management and general $2,070
-
13 · Office expenses
total $2,940 · program services $2,847 · management and general $74 · fundraising $19
-
14 · Information technology
total $8,005 · program services $2,001 · management and general $6,004
-
16 · Occupancy
total $96,818 · program services $89,268 · management and general $7,037 · fundraising $513
-
17 · Travel
total $2,399 · program services $2,394 · fundraising $5
-
22 · Depreciation, depletion and amortization
total $3,884 · program services $3,181 · management and general $354 · fundraising $349
-
23 · Insurance
total $6,487 · program services $3,770 · management and general $2,717
-
24a · Other expenses: EDUCATIONAL MATERIALS
total $30,483 · program services $30,483
-
24b · Other expenses: DUES & LICENSES
total $21,881 · program services $15,858 · management and general $5,296 · fundraising $727
-
24c · Other expenses: MEALS & EVENTS
total $9,762 · program services $1,992 · management and general $1,766 · fundraising $6,004
-
24d · Other expenses: EQUIPMENT LEASE & REPAIR
total $8,486 · program services $7,552 · management and general $849 · fundraising $85
-
24e · All other expenses
total $20,504 · program services $12,702 · management and general $4,445 · fundraising $3,357
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $130,866 · end of year $270,910
-
2 · Savings and temporary cash investments
beginning of year $264,067 · end of year $264,977
-
3 · Pledges and grants receivable
beginning of year $198,372 · end of year $148,190
-
4 · Accounts receivable
beginning of year $12,500 · end of year $7,000
-
9 · Prepaid expenses and deferred charges
beginning of year $19,559 · end of year $28,904
-
10a · Land, buildings and equipment: cost or other basis
$181,049
-
10b · Land, buildings and equipment: accumulated depreciation
$181,049
-
10c · Land, buildings and equipment, net
beginning of year $3,883
-
15 · Other assets
end of year $218,787
-
17 · Accounts payable and accrued expenses
beginning of year $19,078 · end of year $38,294
-
19 · Deferred revenue
end of year $12,075
-
25 · Other liabilities
beginning of year $2,400 · end of year $226,499
-
27 · Net assets without donor restrictions
beginning of year $573,199 · end of year $639,644
-
28 · Net assets with donor restrictions
beginning of year $34,570 · end of year $22,256
Mission and programs · 2022
Mission
SEE SCHEDULE O
Activities or mission (Part I)
LITERACY SOURCE PARTNERS WITH ADULTS WORKING TO GAIN SKILLS AND EDUCATION TO CREATE NEW OPPORTUNITIES FOR THEMSELVES, THEIR FAMILIES, AND THE COMMUNITY. LITERACY SOURCE MAKES IT POSSIBLE FOR ADULTS TO GAIN THE BASIC LITERACY SKILLS THEY NEED IN ORDER TO SUCCEED IN SCHOOL, TO FIND A JOB, TO ACHIEVE LIFE GOALS, AND TO CREATE A BETTER, MORE HOPEFUL FUTURE. AT THE HEART OF OUR WORK IS TEACHING ADULT LEARNERS TO READ, WRITE AND DO BASIC MATH. THAT'S BECAUSE PROFICIENCY IN THESE AREAS IS A GAME-CHANGER FOR PEOPLE WHO ARE OTHERWISE UNABLE TO ATTAIN EMPLOYMENT, THRIVE IN SCHOOL, GAIN CITIZENSHIP AND PURSUE OTHER LIFE OPPORTUNITIES. OUR LEARNERS RANGE IN AGE FROM 18-88, SPEAK MORE THAN 40 LANGUAGES, AND REPRESENT OVER 50 NATIONS. WITH A SMALL PROFESSIONAL STAFF AND OVER 200 VOLUNTEERS, LITERACY SOURCE PROVIDES ALMOST 50,000 HOURS OF SMALL GROUP AND INDIVIDUALIZED INSTRUCTION FOR 700 ADULT LEARNERS EACH YEAR, INCLUDING: . BASIC SKILLS INSTRUCTION IN READING, WRITING AND MATH . ENGLISH FOR SPEAKE
-
LAKE CITY LEARNING CENTER ADULT BASIC EDUCATION AND SUPPORT: SMALL GROUP CLASSES AND ONE-ON-ONE TUTORING IN ENGLISH LANGUAGE, CITIZENSHIP EDUCATION, READING, WRITING, MATH, GED COMPLETION AND COMPUTER SKILLS INSTRUCTION PROVIDED BY STAFF AND TRAINED VOLUNTEERS FOR LOW-LITERACY ADULTS AND ENGLISH LANGUAGE LEARNERS IN PREPARATION FOR FAMILY, COMMUNITY AND WORK RESPONSIBILITIES. OUR LEARNERS RANGE IN AGE FROM 18-88, SPEAK MORE THAN 40 LANGUAGES AND REPRESENT OVER 50 NATIONS. OUR STUDENTS FACE GREAT CHALLENGES AND STRIVE FOR SUCCESS AGAINST TREMENDOUS ODDS, BUT ALL SHARE ONE COMMON ELEMENT - THE DESIRE TO LEARN, TO ACHIEVE AND TO LIVE A BETTER LIFE.
Expenses $826,828
-
COMMUNITY CLASSES: IN ADDITION TO OFFERING CLASSES AT OUR MAIN LEARNING CENTER IN LAKE CITY, WE PARTNER WITH LOCAL GOVERNMENTS AND COMMUNITY PARTNERS TO PROVIDE ENGLISH LANGUAGE INSTRUCTION AT A VARIETY OF LOCATIONS IN THE COMMUNITY INCLUDING: -READY TO WORK SOUTH: LITERACY SOURCE PARTNERS WITH THE CITY OF SEATTLE AND ASIAN COUNSELING AND REFERRAL SERVICE TO PROVIDE TWO ESOL CLASSES FOCUSED ON WORK READINESS IN SEATTLE'S RAINIER VALLEY. -READY TO WORK WEST: LITERACY SOURCE PARTNERS WITH THE CITY OF SEATTLE AND NEIGHBORHOOD HOUSE HIGH POINT TO PROVIDE AN ESOL CLASS FOCUSED ON WORK READINESS IN WEST SEATTLE. -LIBRARY TALK TIMES: LITERACY SOURCE PARTNERS WITH THE CITY OF SEATTLE TO OFFER CONVERSATION CLASSES ON A DROP-IN BASIS AT 3 DIFFERENT LIBRARIES IN SEATTLE.
Expenses $30,497
-
WORKPLACE CLASSES: LITERACY SOURCE PARTNERS WITH EMPLOYERS AND UNIONS TO PROVIDE ON-SITE CONTEXTUALIZED CLASSES THAT FOCUS ON HELPING EMPLOYEES WITH ENGLISH LANGUAGE AND/OR DIGITAL LITERACY SKILLS NEEDED TO SUCCEED AND ADVANCE IN THE WORKPLACE.
Expenses $198,886 · Revenue $75,000
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Marian DayaoMARIAN DAYAO
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Mary RobertsonMARY ROBERTSON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Craig McCookCRAIG MCCOOK
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Jeffery WellsJEFFERY WELLS
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Ann BingANN BING
MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Eric JensenERIC JENSEN
MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Annalisa JoosANNALISA JOOS
MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Jennifer McCleary SillsJENNIFER MCCLEARY SILLS
MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Aiswarya Maniamma SasidharanAISWARYA MANIAMMA SASIDHARAN
MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Priya SinghPRIYA SINGH
MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Paolo SyPAOLO SY
MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Shira RosenSHIRA ROSEN
CO-EXEC DIRE
- Total calculated
- $82,420
- From this org
- $74,049
- From related orgs
- $0
- Other
- $8,371
- Hours/week
- 35
-
Sarah C HowellSARAH C HOWELL
CO-EXEC DIRE
- Total calculated
- $79,697
- From this org
- $75,705
- From related orgs
- $0
- Other
- $3,992
- Hours/week
- 35
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
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411359349308891
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.