THE LITERACY PROJECT (EIN 042907399) - 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

1986

Legal Domicile

Principal Officer

COLLEEN KUCINSKI

Phone

4137743934

Tax Period

2024-07-01 to 2025-06-30

THE LITERACY PROJECT, founded in 1986, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 12% surplus.

Mission

SEE SCHEUDLE OTHE LITERACY PROJECT PROVIDES ADULT BASIC EDUCATION PROGRAMS AND OPPORTUNITIES THAT SUPPORT PARTICIPANTS TO ENGAGE MEANINGFULLY AND EQUITABLY IN THE ECONOMIC, SOCIAL, CULTURAL AND CIVIC LIFE OF THEIR COMMUNITIES.

🔒

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 $1,408,397

Program Service Revenue $0

Investment Income $26,940

Other Revenue $808

TOTAL REVENUE $1,436,145

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,057,159

Fundraising Expenses $48,304

Program Expenses $1,044,528

Other Expenses $206,009

TOTAL EXPENSES $1,263,168

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,436,145	$1,313,324	+0.1%
Expenses	$1,263,168	$1,199,268	+0.1%
Net Income	$172,977	$114,056	+0.5%

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

$97,318

Total Directors

$97,318

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDERS FERGUSON	DIRECTOR	25.00	Director	$0	$0	$0
JOSEPH LUBOLD	DIRECTOR	11.00	Director	$0	$0	$0
CLIFF MEGGISON	DIRECTOR	25.00	Director	$0	$0	$0
WILLIAM ORAM	DIRECTOR	20.00	Director	$0	$0	$0
LISA BARNWELL WILLIAMS	DIRECTOR	20.00	Director	$0	$0	$0
JAVID MUSSAWY	DIRECTOR	10.00	Director	$0	$0	$0
OLIVIA COMBEST	DIRECTOR "PAST"	8.00	Director	$0	$0	$0
MARJORIE SENECHAL	CO-CHAIR	25.00	Officer Director	$0	$0	$0
ROBERT FUDERICH	CO-CHAIR "PAST"	25.00	Officer Director	$0	$0	$0
KIM WISSEMANN	TREASURER	40.00	Officer Director	$0	$0	$0
EDWIN MURENZI	CLERK	12.00	Director	$0	$0	$0
SUSAN BARON	CLERK "PAST"	30.00	Officer Director	$0	$0	$0
COLLEEN KUCINSKI	EXECUTIVE DIRECTOR	36.00	Officer Director	$97,318	$0	$97,318

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	$1,436,145	$1,263,168	$1,541,278	$172,977
2023	$1,393,970	$1,229,384	$1,135,616	$164,586
2022	$1,288,882	$1,066,203	$958,355	$222,679
2021	$1,244,381	$1,045,046	$849,015	$199,335
2020	$950,504	$898,803	$645,879	$51,701
2019	$889,169	$890,977	$467,940	$-1,808
2018	$965,719	$870,918	$472,298	$94,801

THE LITERACY PROJECT