CHILDREN'S LITERACY FOUNDATION (EIN 020498154) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

LAURA RICE

Phone

8022440944

Tax Period

2024-07-01 to 2025-06-30

CHILDREN'S LITERACY FOUNDATION, founded in 1998, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. Expenses of $1.0M left a modest 8% surplus.

Mission

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,012,117

Program Service Revenue $0

Investment Income $110,309

Other Revenue $0

TOTAL REVENUE $1,122,426

Expense Breakdown

Grants Paid $0

Salaries & Benefits $389,207

Fundraising Expenses $73,599

Program Expenses $845,091

Other Expenses $647,521

TOTAL EXPENSES $1,036,728

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,122,426	$1,045,185	+0.1%
Expenses	$1,036,728	$1,027,872	+0.0%
Net Income	$85,698	$17,313	+3.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$97,470

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA FERNEAU	CHAIR	4.00	Officer Director	$0	$0	$0
POSIE TAYLOR	VICE-CHAIR	4.00	Officer Director	$0	$0	$0
KATHY MCGOWAN	TREASURER	4.00	Officer Director	$0	$0	$0
JEREMY HARRINGTON	SECRETARY	4.00	Officer Director	$0	$0	$0
ZACH HAGGERTY	DIRECTOR	2.00	Director	$0	$0	$0
SANDY KELSEY	DIRECTOR	2.00	Director	$0	$0	$0
S CAROLINE KERR	DIRECTOR	2.00	Director	$0	$0	$0
RICK MILLS	DIRECTOR	2.00	Director	$0	$0	$0
BLANCHE PODHAJSKI	DIRECTOR	2.00	Director	$0	$0	$0
MARY MARGARET SLOAN	DIRECTOR	2.00	Director	$0	$0	$0
CATHERINE LACEY	DIRECTOR	2.00	Director	$0	$0	$0
DREW ROCKWELL	DIRECTOR	2.00	Director	$0	$0	$0
LAURA RICE	EXECUTIVE DI	40.00	Officer	$97,470	$0	$97,470

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,122,426	$1,036,728	$3,719,918	$85,698
2024	$1,045,185	$1,027,872	$3,617,357	$17,313
2023	$949,270	$890,064	$3,631,642	$59,206
2022	$2,120,012	$783,482	$3,355,968	$1,336,530
2021	$1,855,225	$728,470	$2,119,199	$1,126,755
2020	$782,843	$715,046	$1,337,057	$67,797
2019	$755,096	$703,830	$956,329	$51,266

CHILDREN'S LITERACY FOUNDATION