ABERG CENTER FOR LITERACY (EIN 020706898) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

SHANA HARRISON

Phone

2148266501

Tax Period

2019-07-01 to 2020-06-30

ABERG CENTER FOR LITERACY, founded in 2003, is a small nonprofit that reported $719K in total revenue in fiscal year 2019. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 40% operating deficit.

Mission

ABERG CENTER FOR LITERACY PROMOTES ADULT AND FAMILY LITERACY THROUGH PROGRAMS IN ENGLISH FLUENCY, HIGH SCHOOL EQUIVALENCY PREPARATION, EARLY CHILDHOOD EDUCATION, AND CONNECTIONS TO THE BROADER COMMUNITY FOR ADULT LEARNERS.

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Trantor Score

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

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

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $697,828

Program Service Revenue $47,280

Investment Income $546

Other Revenue $-26,267

TOTAL REVENUE $719,387

Expense Breakdown

Grants Paid $0

Salaries & Benefits $461,020

Fundraising Expenses $112,464

Program Expenses $763,930

Other Expenses $537,800

TOTAL EXPENSES $1,007,445

Year-over-Year Comparison

	2019	2018	Change
Revenue	$719,387	$1,185,084	-0.4%
Expenses	$1,007,445	$856,096	+0.2%
Net Income	$-288,058	$328,988	-1.9%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$78,227

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA CAMARGO-BOWLES	BOARD VICE PRESIDENT	6.00	Officer Director	$0	$0	$0
JANET SCHOENECKER	BOARD PRESIDENT	6.00	Officer Director	$0	$0	$0
MAURY PURNELL	BOARD TREASURER	6.00	Officer Director	$0	$0	$0
ASHLEY SHULTZ	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
ANDREW ABERG	BOARD DIRECTOR	1.00	Director	$0	$0	$0
MONICA F RAMIREZ	BOARD SECRETARY	6.00	Director	$0	$0	$0
STEVE SALE	BOARD DIRECTOR	1.00	Director	$0	$0	$0
RACHAEL SINGER	BOARD DIRECTOR	1.00	Director	$0	$0	$0
GEORGE P MACATEE IV	BOARD DIRECTOR	1.00	Director	$0	$0	$0
JAMES A RUBERTO	BOARD DIRECTOR	1.00	Director	$0	$0	$0
HELEN SHORT	BOARD DIRECTOR	1.00	Director	$0	$0	$0
SHANA HARRISON	EXECUTIVE DIRECTOR	40.00	Officer	$78,227	$0	$78,227

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
2020	$719,387	$1,007,445	No data	$-288,058
2019	$1,185,084	$856,096	$556,230	$328,988

ABERG CENTER FOR LITERACY