LITERACY VOLUNTEERS ASSOCIATION CAPE-ATL (EIN 222668622) - 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

2004

Legal Domicile

Principal Officer

ELIZABETH GLOEGGLER

Phone

7329065456

Tax Period

2019-07-01 to 2019-08-31

LITERACY VOLUNTEERS ASSOCIATION CAPE-ATL, founded in 2004, is a micro nonprofit that reported $5K in total revenue in fiscal year 2019. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $7K exceeded revenue, resulting in a 27% operating deficit.

Mission

LITERACY VOLUNTEERS ASSOCIATION CAPE-ATLANTIC HELPS INDIVIDUALS IN ATLANTIC AND CAPE MAY COUNTIES IMPROVE THEIR ENGLISH LANGUAGE SKILLS SO THEY CAN PARTICIPATE MORE FULLY IN FAMILY, WORKPLACE AND COMMUNITY LIFE.

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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 (2019)

Revenue Breakdown

Contributions & Grants $5,212

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,212

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,024

Fundraising Expenses $254

Program Expenses $5,357

Other Expenses $3,610

TOTAL EXPENSES $6,634

Year-over-Year Comparison

	2019	2018	Change
Revenue	$5,212	$8,783	-0.4%
Expenses	$6,634	$45,339	-0.9%
Net Income	$-1,422	$-36,556	-1.0%

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

N/A

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

$6,059

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE VESEY THROUGH 83119	PRESIDENT	2.00	Officer Director	$0	$0	$0
HAK KIM THROUGH 83119	TREASURER	2.00	Officer Director	$0	$0	$0
GIULIETTA CONSALVO THROUGH 83119	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM A CRADIE THROUGH 83119	DIRECTOR	1.00	Director	$0	$0	$0
ROSEANN KOBIALKA THROUGH 83119	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
GREG SEHER THROUGH 83119	SECRETARY	2.00	Officer Director	$0	$0	$0
ROBERT FATZINGER THROUGH 83119	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM HONAN THROUGH 83119	DIRECTOR	1.00	Director	$0	$0	$0
JOHANNA R JOHNSON EDD THRU 831	DIRECTOR	1.00	Director	$0	$0	$0
KAREN HAHAR THROUGH 83119	DIRECTOR	1.00	Director	$0	$0	$0
RUMMY PANDIT THROUGH 83119	DIRECTOR	1.00	Director	$0	$0	$0
KRIS WORREL THROUGH 83119	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA GRITES THROUGH 83119	EXECUTIVE DIRECTOR	10.00	Officer	$6,059	$0	$6,059

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
2019	$8,783	$45,339	$67,615	$-36,556
2019	$5,212	$6,634	No data	$-1,422
2018	$108,203	$128,187	$104,171	$-19,984

LITERACY VOLUNTEERS ASSOCIATION CAPE-ATL