Houston, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LITERACY ADVANCE OF HOUSTON INC, founded in 1964, is a small nonprofit that reported $769K in total revenue in fiscal year 2018. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 69% operating deficit.
The mission of Literacy Advance is to transform lives and communities through the doorway of literacy.
The four primary services offered are Adult Basic Education (ABE), English as a Second Language (ESL), Family Literacy, and Transition Coaching. Further Supportive programming for learners includes...
The four primary services offered are Adult Basic Education (ABE), English as a Second Language (ESL), Family Literacy, and Transition Coaching. Further Supportive programming for learners includes English conversation, computer literacy and special classes related to job readiness, numeracy, health, financial literacy, civics and other relevant topics.
On November 9th, 2018, the organization transferred its net assets and operations to another nonprofit organization. See Schedule N.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $769,164 | $1,131,664 | -0.3% |
| Expenses | $1,299,835 | $980,564 | +0.3% |
| Net Income | $-530,671 | $151,100 | -4.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Martha Macris | President & CEO | 4 |
Officer
Director
|
$0 | $0 | $0 |
| Alan Lloveras | Director | 2 |
Director
|
$0 | $0 | $0 |
| Wendy Moreland | Director | 2 |
Director
|
$0 | $0 | $0 |
| Bud Johnson | Former Director | 2 |
|
$0 | $0 | $0 |
| Robin Tooms | Former President | 4 |
|
$0 | $0 | $0 |
| Michael Landers | Former Vice President | 2 |
|
$0 | $0 | $0 |
| Michelle Simmons | Former Treasurer | 2 |
|
$0 | $0 | $0 |
| Julie Straus | Former Secretary | 2 |
|
$0 | $0 | $0 |
| Val Aldred | Former Director | 2 |
|
$0 | $0 | $0 |
| Chris Corwin | Former Director | 2 |
|
$0 | $0 | $0 |
| Ellen Elam | Former Director | 2 |
|
$0 | $0 | $0 |
| Victoria Gibson | Former Director | 2 |
|
$0 | $0 | $0 |
| Martin Gremm | Former Director | 2 |
|
$0 | $0 | $0 |
| Diana Hoover | Former Director | 2 |
|
$0 | $0 | $0 |
| Jolea Payne | Former Director | 2 |
|
$0 | $0 | $0 |
| Melanie Fisk | Former CEO | 40 |
|
$122,593 | $6,378 | $128,971 |
| Sheila Murphy | Former Finance Manager | 40 |
|
$27,310 | $3,579 | $30,889 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2018 | $769,164 | $1,299,835 | No data | $-530,671 |
Compare LITERACY ADVANCE OF HOUSTON INC with other nonprofits in Texas and across the country.