Westerly, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Literacy Volunteers of Washington County, founded in 1982, is a small nonprofit in the Education sector that reported $133K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Net assets of $282K represent 26 months of operating reserves.
Literacy Volunteers of Washington County assists adults interested in improving their literacy skills through free programs based on a participant's individual goals. Our services include: adult basic literacy, English for speakers of other languages, citizenship preparation, financial literacy, workforce literacy, and GED or external diploma preparation.
Literacy Volunteers of Washington County, Inc. assists adults interested in improving their literacy skills through free programs based on a participant's individual goals. Services include adult...
Literacy Volunteers of Washington County, Inc. assists adults interested in improving their literacy skills through free programs based on a participant's individual goals. Services include adult basic literacy, english for speakers of other languages, citizenship preparation, computer and workforce literacy and GED preparation. Veteran educators offer their time and experience to train volunteer tutors and small group facilitators. All participants work toward the common goal of promoting literacy. Literacy Volunteers of Washington County is an accredited affiliate of Proliteracy America.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $132,533 | $114,126 | +0.2% |
| Expenses | $131,960 | $132,971 | 0.0% |
| Net Income | $573 | $-18,845 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| David Bailey | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Janell Hayes Bruno | Secretary | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Margret Stamatis | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Anne Driscoll | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Mary Beth Keefe | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Robin E Springborn | President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Stephen Lynner | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mary Carol Kendzia | Ex Director | 40.00 |
Director
|
$68,000 | $0 | $68,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $132,533 | $131,960 | $281,779 | $573 |
| 2022 | $114,126 | $132,971 | $254,782 | $-18,845 |
| 2021 | $149,149 | $121,173 | $325,942 | $27,976 |
| 2020 | $142,480 | $129,570 | $282,529 | $12,910 |
| 2019 | $120,482 | $136,347 | $256,407 | $-15,865 |
| 2018 | $188,974 | $135,963 | $251,607 | $53,011 |
Compare Literacy Volunteers of Washington County with other nonprofits in Rhode Island and across the country.