The Literacy Center Inc (EIN 223180555) - 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

1990

Legal Domicile

Principal Officer

Amanda Blount

Phone

5082263603

Tax Period

2024-07-01 to 2025-06-30

The Literacy Center Inc, founded in 1990, is a small nonprofit in the Education sector that reported $992K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $182K, a strong 18% operating margin.

Mission

The mission of The Literacy Center is to provide literacy services and educational support to individuals and families seeking to acquire the sills needed to attain personal and employement goals.

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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 $793,046

Program Service Revenue $44,441

Investment Income $154,834

Other Revenue $0

TOTAL REVENUE $992,321

Expense Breakdown

Grants Paid $4,471

Salaries & Benefits $594,812

Fundraising Expenses $18,945

Program Expenses $631,151

Other Expenses $211,171

TOTAL EXPENSES $810,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$992,321	$693,340	+0.4%
Expenses	$810,454	$753,205	+0.1%
Net Income	$181,867	$-59,865	-4.0%

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

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
Daniel Gyves	President	1.00	Officer Director	$0	$0	$0
Auston Ricketts	Director	1.00	Officer Director	$0	$0	$0
Michael Maloney	Treasurer	1.00	Officer Director	$0	$0	$0
Laurie Regan	Secretary	1.00	Officer Director	$0	$0	$0
Khadija Barka	Director	0.00	Director	$0	$0	$0
Michelle Brunelle	Director	0.00	Director	$0	$0	$0
Kristen Williams	Director	0.00	Director	$0	$0	$0
Marlene Roberti	Director	0.00	Director	$0	$0	$0
Brianne DiBiase	Vice President	1.00	Officer Director	$0	$0	$0
Kati Kelley	Director	0.00	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	$992,321	$810,454	$1,830,554	$181,867
2024	$693,340	$753,205	$1,633,847	$-59,865
2023	$517,861	$569,010	$1,490,815	$-51,149
2022	$718,812	$551,883	$1,424,013	$166,929
2021	$876,431	$640,017	$1,396,589	$236,414
2021	$822,994	$627,190	$1,345,478	$195,804
2020	$644,668	$474,072	$1,174,795	$170,596
2020	$644,668	$465,901	$1,182,965	$178,767
2019	$471,807	$386,450	$932,051	$85,357

The Literacy Center Inc