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Nonprofiteer
← LITERATIONS CORP

Form 990 for tax year 2022

Filed by LITERATIONS CORP.

Totals

Total revenue
$1,705,652
Total expenses
$1,345,181
Contributions and grants received
$1,444,330
Grants paid
$0
Program service revenue
$216,375
Investment income
$3,322
Other revenue
$41,625
Total assets, end of year
$1,091,465
Total liabilities, end of year
$112,823
Net assets or fund balances, end of year
$978,642
Program services expenses (Part IX)
$1,010,643
Management and general expenses
$233,847
Fundraising expenses
$100,691
Program service expenses (Part III)
$1,010,643

Program services were 75.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • TARA FINNEGAN

    PRESIDENT/BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2
  • MEGAN MCBRYDE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • GEORGE BLOUNT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • AMY DANFORTH

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • 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
  • JULIEANN TAMAYO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • PAT LARTS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CHRISTINE ASTROVE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CHARLES ENICKS

    EXECUTIVE DIRECTOR

    Total calculated
    $161,130
    From this org
    $141,840
    From related orgs
    $0
    Other
    $19,290
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $141,840
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $19,290
    Filer's total
    $161,130

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
2022
Filed
24 January 2024
IRS schema version
2022v5.0
Source object
202420249349300827

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