LITERACY VOLUNTEERS OF GREATER HARTFORD INC

EIN: 237237570 501(c)(3)

HARTFORD, CT

Total Revenue
$810,270
Total Expenses
$757,487
Total Assets
$1,876,500
Net Assets
$1,613,190
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
CT
Principal Officer
STEPHEN MORRIS
Phone
8602333853
Tax Period
2024-07-01 to 2025-06-30

LITERACY VOLUNTEERS OF GREATER HARTFORD INC, founded in 1972, is a small nonprofit that reported $810K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $757K left a modest 7% surplus.

Mission

LITERACY VOLUNTEERS OF GREATER HARTFORD (LVGH) TEACHES ADULTS TO READ, WRITE AND SPEAK ENGLISH IN ORDER TO IMPROVE THEIR LIVES AND ENHANCE THEIR ROLES WITHIN THEIR FAMILY AND COMMUNITY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $710,792
Program Service Revenue $0
Investment Income $4,601
Other Revenue $94,877
TOTAL REVENUE $810,270

Expense Breakdown

Grants Paid $0
Salaries & Benefits $530,699
Fundraising Expenses $50,027
Program Expenses $682,115
Other Expenses $226,788
TOTAL EXPENSES $757,487

Year-over-Year Comparison

2024 2023 Change
Revenue $810,270 $905,823 -0.1%
Expenses $757,487 $851,224 -0.1%
Net Income $52,783 $54,599 0.0%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
20
Volunteers
125

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
4
$72,725
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JARED CHASE CHAIR 1.00
Officer Director
$0 $0 $0
TRISH HESSLEIN DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
FORA PRETASHI DIRECTOR 1.00
Director
$0 $0 $0
PRIYA CRUM DIRECTOR 1.00
Director
$0 $0 $0
ALIINA HOPKINS DIRECTOR 1.00
Director
$0 $0 $0
SHARON MANNS DIRECTOR 1.00
Director
$0 $0 $0
HALEIGH GUERRERA DIRECTOR 1.00
Director
$0 $0 $0
NEHA PANDE VICE CHAIR 1.00
Officer
$0 $0 $0
LES KATAHARA SECRETARY 1.00
Officer
$0 $0 $0
STEPHEN MORRIS EXECUTIVE DIRECTOR 40.00
Officer
$72,725 $0 $72,725
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 $810,270 $757,487 $1,876,500 $52,783
2024 $905,823 $851,224 $1,842,221 $54,599
2023 $983,637 $711,028 $1,814,889 $272,609
2022 $587,937 $682,489 $1,098,030 $-94,552
2021 $765,364 $658,061 $1,263,175 $107,303
2020 $617,283 $754,285 $1,135,943 $-137,002
2019 $655,402 $836,094 $1,177,114 $-180,692
2018 $611,110 $818,741 $1,344,832 $-207,631
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