LITERACY COUNCIL OF LANC-LEB LVA (EIN 232373136) - Form 990 Financial Analysis & Trantor Score

🔒

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

1985

Legal Domicile

Principal Officer

PHILIP HECKERT

Phone

7172955523

Tax Period

2024-07-01 to 2025-06-30

LITERACY COUNCIL OF LANC-LEB LVA, founded in 1985, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $312K, a strong 20% operating margin.

Mission

OUR MISSION IS SUCCESS THROUGH LIFELONG LEARNING AND LEARNING FOR LIFE.

🔒

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 $1,515,338

Program Service Revenue $0

Investment Income $20,207

Other Revenue $57,927

TOTAL REVENUE $1,593,472

Expense Breakdown

Grants Paid $0

Salaries & Benefits $944,700

Fundraising Expenses $68,493

Program Expenses $1,140,359

Other Expenses $336,326

TOTAL EXPENSES $1,281,026

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,593,472	$1,148,767	+0.4%
Expenses	$1,281,026	$1,224,463	+0.0%
Net Income	$312,446	$-75,696	-5.1%

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

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

$107,215

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERYL HIESTER	EXECUTIVE DI	40.00	Officer	$107,215	$0	$107,215
CHAD BURGESS	PRESIDENT	2.00	Officer Director	$0	$0	$0
ERIK CIANCI	VICE-PRESIDE	2.00	Officer Director	$0	$0	$0
SCOTT A COLE	MEMBER	1.00	Director	$0	$0	$0
ASHLEY GARCIA	MEMBER	1.00	Director	$0	$0	$0
MARTHA GUAIGUA	MEMBER	1.00	Director	$0	$0	$0
PHILIP HECKERT	TREASURER	2.00	Officer Director	$0	$0	$0
JOAN MILLER	MEMBER	1.00	Director	$0	$0	$0
BILL MORGAN	MEMBER	1.00	Director	$0	$0	$0
STEPHANIE STAUFFER	SECRETARY	2.00	Officer Director	$0	$0	$0
TIM STEFFEN	MEMBER	1.00	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	$1,593,472	$1,281,026	$2,023,568	$312,446
2024	$1,148,767	$1,224,463	$1,624,287	$-75,696
2023	$807,350	$1,084,216	$1,650,110	$-276,866
2022	$843,503	$989,141	$1,663,445	$-145,638
2021	$967,143	$878,717	$2,200,433	$88,426
2020	$913,143	$893,506	$1,999,313	$19,637
2019	$970,897	$787,398	$1,779,846	$183,499

LITERACY COUNCIL OF LANC-LEB LVA