FOUNDATION FOR IMPACT ON LITERACY AND LEARNING INC

EIN: 161650130 501(c)(3) Philanthropy & Grantmaking

HUNTINGTON, NY

Total Revenue
$730,894
Total Expenses
$696,303
Total Assets
$1,992,285
Net Assets
$1,946,030
🔒

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
2002
Legal Domicile
VA
Principal Officer
DIANE BARRETT
Phone
6314242197
Tax Period
2024-07-01 to 2025-06-30

FOUNDATION FOR IMPACT ON LITERACY AND LEARNING INC, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $731K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $696K left a modest 5% surplus.

Mission

SUPPORT SCHOOLS AND EDUCATIONAL PROGRAMS WHILE PROMOTING LITERACY AND LEARNING BY COLLABORATING ON EFFORTS TO PROVIDE EDUCATORS AND STUDENTS WITH RESOURCES, CURRICULA, PROJECT BASED LEARNING, AND COMMUNITY SERVICE PROJECTS.

Program Service Accomplishments

Program 1
Expenses: $390,569

THE EXPLORE.ACT.TELL. EDUCATIONAL PROGRAM BUILDS LEADERSHIP AND CITIZENSHIP IN THE STUDENTS' COMMUNITIES BY ENCOURAGING STUDENTS TO BECOME AWARE OF HUNGER INSECURITY, IMPLEMENT A PROJECT TO HELP WITH...

Read more

THE EXPLORE.ACT.TELL. EDUCATIONAL PROGRAM BUILDS LEADERSHIP AND CITIZENSHIP IN THE STUDENTS' COMMUNITIES BY ENCOURAGING STUDENTS TO BECOME AWARE OF HUNGER INSECURITY, IMPLEMENT A PROJECT TO HELP WITH HUNGER NEEDS IN THEIR COMMUNITY, AND SHARE THEIR RESULTS BY CREATING A PRESENTATION OR VIDEO. A STUDENT CHALLENGE PROVIDES THE OPPORTUNITY TO RECEIVE A GRANT TO BE PASSED ON TO A 501C3 ORGANIZATION WORKING TO RELIEVE HUNGER INSECURITY. THE PROGRAM SERVES STUDENTS IN GRADES 6-12 IN 15 STATES IN THE U.S.

Program 2
Expenses: $96,212

PANASONIC NORTH AMERICA STUDENT ECO CITIZENSHIP PROJECT IS A COLLABORATION BETWEEN THE FOUNDATION FOR IMPACT ON LITERACY AND LEARNING AND PANASONIC NORTH AMERICA CORPORATION. THE PROJECT GUIDES...

Read more

PANASONIC NORTH AMERICA STUDENT ECO CITIZENSHIP PROJECT IS A COLLABORATION BETWEEN THE FOUNDATION FOR IMPACT ON LITERACY AND LEARNING AND PANASONIC NORTH AMERICA CORPORATION. THE PROJECT GUIDES STUDENTS THROUGH LESSONS ON ENVIRONMENTAL ISSUES AND ENGAGES STUDENTS TO STUDY ENVIRONMENTAL ISSUES IN THEIR COMMUNITY. TEACHERS GUIDE STUDENTS THROUGH THE LESSONS AND HELP THEM TO DEVELOP SOLUTIONS THAT ARE RECORDED IN A STUDENT TEAM ECO PICTURE DIARY. THREE WINNING TEAMS ARE CHOSEN AND ARE REWARDED WITH PRIZES FROM PANASONIC. THE LESSONS AND PROJECT-BASED LEARNING CURRICULUM ADVANCE STUDENT'S SKILLS IN COMMUNICATION, LITERACY, RESEARCH, AND WRITING.

Program 3
Expenses: $23,317

KID WITNESS NEWS (KWN) IS A GLOBAL STUDENT TEAM VIDEO PRODUCTION COMPETITION OPERATED BY PANASONIC'S JAPAN HEADQUARTERS. FILL COLLABORATES WITH PANASONIC NORTH AMERICA TO HELP CREATE KWN PROGRAM...

Read more

KID WITNESS NEWS (KWN) IS A GLOBAL STUDENT TEAM VIDEO PRODUCTION COMPETITION OPERATED BY PANASONIC'S JAPAN HEADQUARTERS. FILL COLLABORATES WITH PANASONIC NORTH AMERICA TO HELP CREATE KWN PROGRAM RESOURCES AND TO IMPLEMENT THE PROGRAM. STUDENTS FOLLOW THE EDUCATIONAL PROCESS OF: RESEARCHING, THINKING, PLANNING, AND PRODUCING AS TO CREATE THEIR VIDEO ENTRY. WINNING TEAMS FROM THE U.S. COMPETE WITH STUDENTS FROM OTHER COUNTRIES IN A KWN GLOBAL SUMMIT AND ARE AWARDED PRIZES.

🔒

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 $685,000
Program Service Revenue $0
Investment Income $45,894
Other Revenue $0
TOTAL REVENUE $730,894

Expense Breakdown

Grants Paid $74,500
Salaries & Benefits $102,000
Fundraising Expenses $5,000
Program Expenses $530,098
Other Expenses $519,803
TOTAL EXPENSES $696,303

Year-over-Year Comparison

2024 2023 Change
Revenue $730,894 $961,869 -0.2%
Expenses $696,303 $638,890 +0.1%
Net Income $34,591 $322,979 -0.9%
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
4
Independent Members
3
Employees
N/A
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
3
$102,000
Total Directors
4
$102,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSS SCHAUFELBERGER TREASURER 0.50
Officer Director
$0 $0 $0
AKIN HARRISON SECRETARY 0.50
Officer Director
$0 $0 $0
DIANE BARRETT EXECUTIVE DIRECTOR 30.00
Officer Director
$102,000 $0 $102,000
MARYBETH PENDER DIRECTOR 0.50
Director
$0 $0 $0
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 $730,894 $696,303 $1,992,285 $34,591
2024 $961,869 $638,890 $1,991,157 $322,979
2023 $1,049,947 $774,482 $1,636,268 $275,465
2022 $1,356,454 $1,344,292 $1,438,148 $12,162
2021 $1,789,567 $1,368,667 $1,417,153 $420,900
2020 $1,326,167 $1,228,302 $1,003,546 $97,865
2019 $1,199,686 $1,285,277 $836,868 $-85,591
2018 $1,415,270 $1,378,580 $954,625 $36,690
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FOUNDATION FOR IMPACT ON LITERACY AND LEARNING INC with other nonprofits in New York and across the country.