THE LITERACY CENTER (EIN 222458322) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

JENNIFER DOYLE

Phone

6104350680

Tax Period

2024-07-01 to 2025-06-30

THE LITERACY CENTER, founded in 1977, is a small nonprofit in the Education sector that reported $864K in total revenue in fiscal year 2024. The organization ran a surplus of $221K, a strong 26% operating margin.

Mission

THE LITERACY CENTER IS A LEADER IN COMMUNITY-BASED ADULT LITERACY INSTRUCTION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $693,218

Program Service Revenue $5,441

Investment Income $9,568

Other Revenue $155,680

TOTAL REVENUE $863,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $425,854

Fundraising Expenses $53,163

Program Expenses $471,498

Other Expenses $217,107

TOTAL EXPENSES $642,961

Year-over-Year Comparison

	2024	2023	Change
Revenue	$863,907	$882,007	0.0%
Expenses	$642,961	$884,167	-0.3%
Net Income	$220,946	$-2,160	-103.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$126,411

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER DOYLE	CEO	40.00	Officer	$112,919	$13,492	$126,411
JANE HUDAK	CHAIRPERSON	5.00	Officer Director	$0	$0	$0
DANA BURNS	VICE CHAIRPE	5.00	Officer Director	$0	$0	$0
CANDI HARMON KRUSE	TREASURER	5.00	Officer Director	$0	$0	$0
KRISTINE MACIOLEK SMALL	SECRETARY	5.00	Officer Director	$0	$0	$0
ANIBAL TORRES BERNAL	BOARD MEMBER	3.00	Director	$0	$0	$0
CHRISTOPHER R COCOZZA	BOARD MEMBER	3.00	Director	$0	$0	$0
TONEY HORST	BOARD MEMBER	3.00	Director	$0	$0	$0
ELIZABETH S HRITZ	BOARD MEMBER	3.00	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	$863,907	$642,961	$799,104	$220,946
2024	$882,007	$884,167	$831,580	$-2,160
2023	$915,130	$1,043,906	$820,750	$-128,776
2022	$672,253	$864,626	$650,784	$-192,373
2021	$994,402	$856,838	$813,842	$137,564
2020	$763,906	$815,748	$712,181	$-51,842
2019	$888,265	$701,496	$734,916	$186,769
2018	$877,642	$791,471	$520,269	$86,171

THE LITERACY CENTER