LITERACY WEST NY INC

🔒

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

Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Phone

5852685213

Tax Period

2024-07-01 to 2025-06-30

LITERACY WEST NY INC, founded in 1986, is a community nonprofit in the Education sector that reported $2.9M in total revenue in fiscal year 2024. Expenses of $2.8M left a modest 4% surplus.

Mission

Literacy West NY, Inc. mission is empowering communities through lifelong learning.

Program Service Accomplishments

Program 1

Expenses: $2,546,921 Revenue: $2,943,947

Literacy West NY, Inc. is a private, not-for-profit organization committed to providing quality literacy and work readiness services in Allegany, Cattaraugus, Genesee, Livingston, Orleans and Wyoming Counties. We believe that strong partnerships and well trained corps of volunteers and staff can make a difference in this fight. To accomplish our goals we work with the communities to determine the needs and goals of the community to compete in the 21st Century. To ensure our services meet these unique needs we train and support volunteer tutors, in the proven teaching and volunteer methodology, to provide quality free learning help in a student-centered, learner-driven and safe environment.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,831,855

Program Service Revenue $112,079

Investment Income $13

Other Revenue $0

TOTAL REVENUE $2,943,947

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,914,734

Fundraising Expenses $0

Program Expenses $2,546,921

Other Expenses $920,068

TOTAL EXPENSES $2,834,802

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,943,947	$2,762,214	+0.1%
Expenses	$2,834,802	$2,761,671	+0.0%
Net Income	$109,145	$543	+200.0%

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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lisa Lee	CEO	40.00		$153,268	$0	$153,268
Judy May	Director	1.00	Director	$0	$0	$0
Tom Murphy	Director	1.00	Director	$0	$0	$0
Richard Zink	Treasurer	1.00	Officer Director	$0	$0	$0
Kathleen Martel	Director	1.00	Director	$0	$0	$0
Deborah Aumick	Director	1.00	Director	$0	$0	$0
John Morris	Vice President	1.00	Officer Director	$0	$0	$0
Jason Miller	Director	1.00	Director	$0	$0	$0
Christopher Ivers	Secretary	1.00	Officer Director	$0	$0	$0
Ernie Morris	President	1.00	Officer 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	$2,943,947	$2,834,802	$999,265	$109,145
2024	$2,762,214	$2,761,671	$784,538	$543
2023	$2,776,538	$2,758,627	$822,126	$17,911
2022	$2,695,039	$2,636,300	$671,461	$58,739
2021	$2,234,502	$1,909,132	$436,276	$325,370
2020	$1,950,788	$1,956,679	$507,679	$-5,891
2019	$1,956,295	$1,945,534	$385,222	$10,761