LITERATIONS CORP (EIN 043227007) - 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

1994

Legal Domicile

Principal Officer

AMY DANFORTH

Phone

6174236633

Tax Period

2024-07-01 to 2025-06-30

LITERATIONS CORP, founded in 1994, is a community nonprofit in the Youth Development sector that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $2.2M left a modest 7% surplus.

Mission

LITERATIONS DRIVES EDUCATIONAL EQUITY THROUGH EXPERIENCED COMMUNITY VOLUNTEERS EMPOWERING YOUNG READERS FOR LIFELONG LEARNING. LITERATIONS ENVISIONS A DAY WHEN ALL STUDENTS, REGARDLESS OF ZIP CODE, ENTER THE FIFTH GRADE AS PROFICIENT READERS POISED FOR ACADEMIC SUCCESS.

🔒

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 $2,196,187

Program Service Revenue $89,990

Investment Income $4,394

Other Revenue $48,939

TOTAL REVENUE $2,339,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,640,805

Fundraising Expenses $169,286

Program Expenses $1,579,603

Other Expenses $538,985

TOTAL EXPENSES $2,179,790

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,339,510	$1,985,970	+0.2%
Expenses	$2,179,790	$1,739,399	+0.3%
Net Income	$159,720	$246,571	-0.4%

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

208

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

$173,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY DANFORTH	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
TARA FINNEGAN	TREASURER/CLERK	2.00	Officer Director	$0	$0	$0
JULIEANN TAMAYO	DIRECTOR	0.50	Director	$0	$0	$0
WAI-CHI MOK	FORMER DIRECTOR	0.50	Director	$0	$0	$0
BARBARA MCMAHON	DIRECTOR	0.50	Director	$0	$0	$0
THOMAS WEBER	DIRECTOR	0.50	Director	$0	$0	$0
PAT LARTS	DIRECTOR	0.50	Director	$0	$0	$0
THOMAS SNEED	DIRECTOR	0.50	Director	$0	$0	$0
MARIANN YOUNISS	DIRECTOR	0.50	Director	$0	$0	$0
AUBREY HENDERSON	DIRECTOR	0.50	Director	$0	$0	$0
CHARLES ENICKS	EXECUTIVE DIRECTOR	45.00	Officer	$157,403	$15,597	$173,000
JENNIFER BOWEN FLYNN	DEPUTY DIRECTOR	40.00	Highest	$106,944	$2,260	$109,204

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	$2,339,510	$2,179,790	$1,840,922	$159,720
2024	$1,985,970	$1,739,399	$1,331,932	$246,571
2023	$1,705,652	$1,345,181	$1,091,465	$360,471
2022	$1,263,144	$1,218,584	$662,625	$44,560
2021	$1,296,162	$1,379,228	$693,135	$-83,066
2020	$1,605,147	$1,453,450	$894,219	$151,697
2019	$1,095,383	$1,497,867	$1,105,679	$-402,484

LITERATIONS CORP