LITWORLD INTERNATIONAL INC

🔒

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

2007

Legal Domicile

Principal Officer

PAMELA SCHIESS

Phone

6462486401

Tax Period

2023-01-01 to 2023-12-31

LITWORLD INTERNATIONAL INC, founded in 2007, is a small nonprofit in the International Affairs sector that reported $953K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Net assets of $1.9M represent 24 months of operating reserves.

Mission

STRENGTHENING KIDS AND COMMUNITIES THROUGH THE POWER OF STORIES.

Program Service Accomplishments

Program 1

Expenses: $575,486 Revenue: $605,091

THE ORGANIZATION WORKS WITH LOCALLY BASED, GRASSROOTS ORGANIZATIONS TO RUN AND EXPAND LITERACY-BASED PROGRAMS, BUILDING SUSTAINABLE OUTCOMES FOR YOUNG PEOPLE AND THEIR COMMUNITIES AROUND THE WORLD...

THE ORGANIZATION WORKS WITH LOCALLY BASED, GRASSROOTS ORGANIZATIONS TO RUN AND EXPAND LITERACY-BASED PROGRAMS, BUILDING SUSTAINABLE OUTCOMES FOR YOUNG PEOPLE AND THEIR COMMUNITIES AROUND THE WORLD. THE PROGRAMS ARE WRITTEN AND DESIGNED BY LITWORLD STAFF. WHEN NOT FACILITATED BY STAFF, LOCAL COMMUNITY LEADERS MANAGE AND LEAD THE PROGRAMS AFTER RECEIVING TRAINING AND ACCESS TO THE ORGANIZATION'S INNOVATIVE CURRICULA. THESE ON-THE-GROUND PERSON AND COMMUNITY-CENTERED PROGRAMS ADDRESS THE HARD-TO-TACKLE CHALLENGE OF ILLITERACY WORLDWIDE.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $386,492

Program Service Revenue $605,091

Investment Income $20,611

Other Revenue $-59,539

TOTAL REVENUE $952,655

Expense Breakdown

Grants Paid $246,590

Salaries & Benefits $474,376

Fundraising Expenses $134,945

Program Expenses $575,486

Other Expenses $251,497

TOTAL EXPENSES $972,463

Year-over-Year Comparison

	2023	2022	Change
Revenue	$952,655	$1,104,914	-0.1%
Expenses	$972,463	$878,470	+0.1%
Net Income	$-19,808	$226,444	-1.1%

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

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

$161,490

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NADEIGE STERLIN	BOARD MEMBER	1.00	Director	$0	$0	$0
KATIE COOK SOMERVILLE	BOARD MEMBER	1.00	Director	$0	$0	$0
LIZZ YEH DIMAIOLO	VICE CHAIR (STARTED 1/23)	1.00	Officer Director	$0	$0	$0
KATE RICHMOND	CHAIR (STARTED 2/23)	1.00	Officer Director	$0	$0	$0
PAMELA SCHIESS	TREASURER (STARTED 1/23)	1.00	Officer Director	$0	$0	$0
ALLON YARONI	BOARD MEMBER (STARTED 3/23)	1.00	Director	$0	$0	$0
GEMMA JUAN-SIMO	BOARD MEMBER	1.00	Director	$0	$0	$0
NICHOLAS DRAYSON	TREASURER (THROUGH 9/23)	1.00	Director	$0	$0	$0
ALICE GOH	BOARD MEMBER (THROUGH 12/23)	1.00	Director	$0	$0	$0
STEVEN RECORDS	BOARD MEMBER (THROUGH 12/23)	1.00	Director	$0	$0	$0
SAMANTHA SIEGAL	CHAIR (THROUGH 12/23)	1.00	Director	$0	$0	$0
CALEB STRATTON	BOARD MEMBER (THROUGH 12/23)	1.00	Director	$0	$0	$0
CORA WALKER	BOARD MEMBER (THROUGH 6/23)	1.00	Director	$0	$0	$0
CAITLIN CASSARO	EXECUTIVE DIRECTOR	40.00	Officer	$161,490	$0	$161,490

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
2024	No data	No data	No data	No data
2023	$952,655	$972,463	$1,951,337	$-19,808
2022	$1,104,914	$878,470	$1,907,726	$226,444
2021	$1,186,300	$878,133	$1,614,269	$308,167
2020	$712,110	$874,040	$1,304,792	$-161,930
2019	$1,263,685	$1,053,017	$1,458,760	$210,668
2018	$1,173,912	$1,287,855	$1,245,480	$-113,943