LITERACY VOLUNTEERS OF ONTARIO-YATES INC (EIN 222881397) - 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

1967

Legal Domicile

Phone

5853961686

Tax Period

2023-07-01 to 2024-06-30

LITERACY VOLUNTEERS OF ONTARIO-YATES INC, founded in 1967, is a small nonprofit in the Education sector that reported $187K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $176K left a modest 6% surplus.

Mission

TO PROVIDE ADULTS IN THE ONTARIO AND YATES COUNTY AREAS WITH THE LITERACY SKILLS NEEDED TO REACH THEIR FULL POTENTIAL AS INDIVIDUALS, PARENTS, WORKERS AND CITIZENS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $159,187

Program Service Revenue $1,525

Investment Income $11,750

Other Revenue $15,000

TOTAL REVENUE $187,462

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,291

Fundraising Expenses $0

Program Expenses $171,795

Other Expenses $54,485

TOTAL EXPENSES $175,776

Year-over-Year Comparison

	2023	2022	Change
Revenue	$187,462	$213,873	-0.1%
Expenses	$175,776	$167,068	+0.1%
Net Income	$11,686	$46,805	-0.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
RUTH CAHN	Director	Director	$0	$0	$0
PETER BELL	Director	Director	$0	$0	$0
ANITA M MAROSCHER	Director	Director	$0	$0	$0
ALAN BISHOP	Director	Director	$0	$0	$0
CHRISTINE GROSODONIA	Director	Director	$0	$0	$0
LISA HOCHADEL	Director	Director	$0	$0	$0
ALEJANDRA MOLINA	Director	Director	$0	$0	$0
SARAH BLACK	Treasurer	Officer	$0	$0	$0
AUDREY ROBERSON	Secretary	Officer	$0	$0	$0
KIM REISCH	President	Officer	$0	$0	$0
MALIA SPOFFORD XAVIER	President	Officer	$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	No data	No data	No data	No data
2024	$187,462	$175,776	$502,797	$11,686
2023	$213,873	$167,068	$465,983	$46,805
2022	$232,154	$161,813	$412,458	$70,341
2021	$273,743	$146,340	$378,255	$127,403
2020	$140,046	$141,632	$251,917	$-1,586
2019	$143,977	$144,539	$246,662	$-562
2018	$129,414	$161,587	$243,173	$-32,173

LITERACY VOLUNTEERS OF ONTARIO-YATES INC