LITERACY VOLUNTEERS OF GREATER NEW HAVEN

EIN: 060968986 501(c)(3)

WALLINGFORD, CT

Total Revenue
$241,531
Total Expenses
$556,330
Total Assets
N/A
Net Assets
N/A
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
CT
Principal Officer
KEITH FRENCH
Phone
2037765899
Tax Period
2024-07-01 to 2025-04-16

LITERACY VOLUNTEERS OF GREATER NEW HAVEN, founded in 1972, is a small nonprofit that reported $242K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $556K exceeded revenue, resulting in a 130% operating deficit.

Mission

SERVE LITERACY DEFICIENT STUDENTS WITH VOLUNTEER TUTORS TRAINED IN WORKSHOPS PROVIDED BY TUTOR TRAINERS USING STANDARD LITERACY VOLUNTEERS CURRICULUM IN BASIC LITERACY AND ENGLISH AS A SECOND LANGUAGE. STUDENTS ARE INDIVIDUALLY EVALUATED WITH PROGRESS REPORTS.

Program Service Accomplishments

Program 1
Expenses: $450,687

SERVE LITERACY DEFICIENT STUDENTS WITH VOLUNTEER TUTORS TRAINED IN WORKSHOPS PROVIDED BY TUTOR TRAINERS USING STANDARD LITERACY VOLUNTEERS CURRICULUM IN BASIC LITERACY AND ENGLISH AS A SECOND...

Read more

SERVE LITERACY DEFICIENT STUDENTS WITH VOLUNTEER TUTORS TRAINED IN WORKSHOPS PROVIDED BY TUTOR TRAINERS USING STANDARD LITERACY VOLUNTEERS CURRICULUM IN BASIC LITERACY AND ENGLISH AS A SECOND LANGUAGE. STUDENTS ARE INDIVIDUALLY EVALUATED WITH PROGRESS REPORTS. THE ORGANIZATION DISSOLVED AS OF 4/16/25.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $232,354
Program Service Revenue $0
Investment Income $0
Other Revenue $9,177
TOTAL REVENUE $241,531

Expense Breakdown

Grants Paid $0
Salaries & Benefits $236,005
Fundraising Expenses $17,513
Program Expenses $450,687
Other Expenses $320,325
TOTAL EXPENSES $556,330

Year-over-Year Comparison

2024 2023 Change
Revenue $241,531 $430,973 -0.4%
Expenses $556,330 $497,267 +0.1%
Net Income $-314,799 $-66,294 +3.7%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
11
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
5
$96,369
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH FRENCH PRESIDENT 6.00
Officer Director
$0 $0 $0
JO-ANN WILLIAMS TREASURER 6.00
Officer Director
$0 $0 $0
BARBARA HEDBERG SECRETARY 2.00
Officer Director
$0 $0 $0
CHARLENE V CLARKE-TESCHEMAKER BOARD MEMBER 2.00
Director
$0 $0 $0
KAI PERRY BOARD MEMBER 2.00
Director
$0 $0 $0
CHARLENE RAUBE BOARD MEMBER 2.00
Director
$0 $0 $0
NORMA BARASH BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL FLETCHER BOARD MEMBER (THRU 4/25) 2.00
Director
$0 $0 $0
BONNIE MOREHEAD BOARD MEMBER (THRU 9/24) 2.00
Director
$0 $0 $0
KIRK MORRISON BOARD MEMBER (THRU 4/25) 2.00
Director
$0 $0 $0
ROBIN PINSKER BOARD MEMBER (11/24 THRU 4/25) 2.00
Director
$0 $0 $0
NAOMI SHILOH BOARD MEMBER (THRU 10/24) 2.00
Director
$0 $0 $0
KIMBERLY STOFKO BOARD MEMBER (FROM 9/24-1/25) 2.00
Director
$0 $0 $0
SADIE WITHERSPOON BOARD MEMBER (THRU 1/25) 2.00
Director
$0 $0 $0
LOU PERNO EXEC DIR - (THRU 7/24) 40.00
Officer
$37,526 $0 $37,526
ERICA HOFFMAN INTERIM EXEC DIR (FROM 7/24-3/25) 40.00
Officer
$58,843 $0 $58,843
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 $241,531 $556,330 No data $-314,799
2024 $430,973 $497,267 $320,094 $-66,294
2023 $465,248 $492,910 $364,040 $-27,662
2022 $779,335 $465,542 $387,469 $313,793
2021 $438,896 $428,889 $125,330 $10,007
2020 $345,675 $384,658 $97,512 $-38,983
2019 $374,301 $402,960 $102,946 $-28,659
Explore More Nonprofits
→Top 100 Nonprofits in Connecticut →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LITERACY VOLUNTEERS OF GREATER NEW HAVEN with other nonprofits in Connecticut and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.