WORCESTER, MA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)LITERACY VOLUNTEERS OF GREATER WORCESTER INC, founded in 1973, is a small nonprofit that reported $235K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.
TO PROVIDE SOCIAL AND ECONOMIC EMPOWERMENT THROUGH CULTURALLY COMPASSIONATE ENGLISH LANGUAGE EDUCATION.
SINCE 1973, LITERACY VOLUNTEERS OF GREATER WORCESTER HAS PROVIDED THE FREE ENGLISH LANGUAGE EDUCATION THAT IS NECESSARY FOR ADULT LEARNERS TO THRIVE IN OUR COMMUNITY. TO FULFILL OUR MISSION, LVGW...
SINCE 1973, LITERACY VOLUNTEERS OF GREATER WORCESTER HAS PROVIDED THE FREE ENGLISH LANGUAGE EDUCATION THAT IS NECESSARY FOR ADULT LEARNERS TO THRIVE IN OUR COMMUNITY. TO FULFILL OUR MISSION, LVGW RELIES ON A SMALL STAFF, INCLUDING QUALIFIED ESOL TEACHERS, AND A NETWORK OF TRAINED VOLUNTEERS WHO SEVE AS ONE-TO-ONE ESOL (ENGLISH FOR SPEAKERS OF OTHER LANGUAGES) AND ABE (ADULT BASIC EDUCATION) TUTORS. IN RESPONSE TO AN INCREASING POPULATION OF NEW AMERICANS AND REFUGEES IN THE WORCESTER AREA, OUR NEEDS ASSESSMENT HAS ENABLED US TO PIVOT QUICKLY AND PROVIDE IMPACTFUL, STUDENT-CENTERED SERVICES WITH LIMITED RESOURCES. WE HAVE BUILT A COMMUNITY THAT WELCOMES AND SUPPORTS EACH OF OUR STUDENTS AND CONNECTS THEM WITH EACH OTHER AND TO THE LOCAL COMMUNITY. IN FY24, LVGW'S DEDICATED TEACHERS, TUTORS, AND STAFF DELIVERED 42 ESOL CLASSES AND PROVIDED TUTORING SERVICES TO 473 ADULT LEARNERS FROM 50 COUNTRIES. VIRTUALLY 100% OF LVGW STUDENTS SURVEYED REPORTED THEIR ENGLISH LANGUAGE PROFICIENCY IMPROVED WITH THE HELP OF OUR PROGRAMMING. THIS HAS ALLOWED THEM TO SUCCEED IN THE WORKFORCE AND THRIVE IN OUR COMMUNITY.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $234,782 | $191,183 | +0.2% |
| Expenses | $237,405 | $181,836 | +0.3% |
| Net Income | $-2,623 | $9,347 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| VITTORIA BUERSCHAPER | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| FRANK CALLAHAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC COLLIER | CLERK | 1.00 |
Director
|
$0 | $0 | $0 |
| MITCHELL GAUMOND | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ILKA KOSTKA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAILA MHIRIG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KELSEY MILLER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL MILLS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $234,782 | $237,405 | $177,818 | $-2,623 |
| 2023 | $191,183 | $181,836 | $180,440 | $9,347 |
| 2022 | $209,440 | $182,867 | $171,098 | $26,573 |
| 2021 | $246,907 | $191,502 | $144,525 | $55,405 |
| 2020 | $171,084 | $173,454 | $116,220 | $-2,370 |
| 2019 | $189,784 | $199,242 | $91,490 | $-9,458 |
Compare LITERACY VOLUNTEERS OF GREATER WORCESTER INC with other nonprofits in Massachusetts and across the country.