LITERACY VOLUNTEERS OF MORRIS COUNTY INC

EIN: 222815591 501(c)(3) Education

MORRISTOWN, NJ

Total Revenue
$287,427
Total Expenses
$261,050
Total Assets
$417,363
Net Assets
$390,060
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
NJ
Principal Officer
Debra Leon
Phone
9739841998
Tax Period
2024-01-01 to 2024-12-31

LITERACY VOLUNTEERS OF MORRIS COUNTY INC, founded in 1987, is a small nonprofit in the Education sector that reported $287K in total revenue in fiscal year 2024. Expenses of $261K left a modest 9% surplus.

Mission

Literacy Volunteers of Morris County believes that the ability to read, write, comprehend and speak English is essential for personal freedom and the sustainability of a democratic society. Our mission is to provide free instruction to Morris County adults in literacy, English fluency and American culture.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $281,567
Program Service Revenue $0
Investment Income $5,860
Other Revenue $0
TOTAL REVENUE $287,427

Expense Breakdown

Grants Paid $0
Salaries & Benefits $180,615
Fundraising Expenses $20,858
Program Expenses $177,974
Other Expenses $80,435
TOTAL EXPENSES $261,050

Year-over-Year Comparison

2024 2023 Change
Revenue $287,427 $272,577 +0.1%
Expenses $261,050 $240,305 +0.1%
Net Income $26,377 $32,272 -0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
5
Volunteers
235

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
$74,160
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Patrick Gray Treasurer 1.00
Officer Director
$0 $0 $0
Susan Ticker President 1.00
Officer Director
$0 $0 $0
Danielle Shannon Vice President 1.00
Officer Director
$0 $0 $0
Jen Nolan Secretary 1.00
Officer Director
$0 $0 $0
Lisa Baird Board Member 1.00
Director
$0 $0 $0
Amy Brunswick Board Member 1.00
Director
$0 $0 $0
William Masella Board Member 1.00
Director
$0 $0 $0
Alexandra Borchard Board Member 1.00
Director
$0 $0 $0
Lisa Baird Board Member 0.00
Director
$0 $0 $0
Emi Chalker Board Member 1.00
Director
$0 $0 $0
Hart Coven Board Member 1.00
Director
$0 $0 $0
Lorena Villavicencio Board Member 1.00
Director
$0 $0 $0
Debra Leon Executive Director 25.00
Officer
$72,000 $2,160 $74,160
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 No data No data No data No data
2024 $287,427 $261,050 $417,363 $26,377
2023 $272,577 $240,305 $413,611 $32,272
2022 $239,693 $231,731 $398,023 $7,962
2021 $292,882 $215,114 $332,929 $77,768
2020 $277,251 $212,432 $248,646 $64,819
2019 $221,511 $222,726 $153,569 $-1,215
2018 $150,064 $173,973 $153,712 $-23,909
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