LITERACY OUTREACH (EIN 264713475) - 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

2009

Legal Domicile

Principal Officer

MARTHA FREDENDALL

Phone

9709455282

Tax Period

2023-01-01 to 2023-12-31

LITERACY OUTREACH, founded in 2009, is a small nonprofit in the Education sector that reported $402K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $142K, a strong 35% operating margin.

Mission

TEACHING ESSENTIAL LITERACY SKILLS TO ADULTS; THEREBY ENRICHING THEIR FAMILIES AND COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $398,279

Program Service Revenue $580

Investment Income $7,718

Other Revenue $-4,401

TOTAL REVENUE $402,176

Expense Breakdown

Grants Paid $0

Salaries & Benefits $180,834

Fundraising Expenses $11,594

Program Expenses $226,580

Other Expenses $79,054

TOTAL EXPENSES $259,888

Year-over-Year Comparison

	2023	2022	Change
Revenue	$402,176	$353,767	+0.1%
Expenses	$259,888	$271,462	0.0%
Net Income	$142,288	$82,305	+0.7%

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

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
WILLIAM ROSAS GARCIA	PRESIDENT	0.50	Officer Director	$0	$0	$0
MARIA CLAIRE JACOBI	SECRETARY	0.50	Officer Director	$0	$0	$0
JOEL ASPLUND	BOARD MEMBER	0.50	Director	$0	$0	$0
STEVE CARTER	BOARD MEMBER	0.50	Director	$0	$0	$0
DR JUDITH ALVAREZ	BOARD MEMBER	0.50	Director	$0	$0	$0
NORMA BAEZ	BOARD MEMBER	0.50	Director	$0	$0	$0
SCOTT KEY	BOARD MEMBER	0.50	Director	$0	$0	$0
BRITTON DEFORD	BOARD MEMBER	0.50	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
2024	No data	No data	No data	No data
2023	$402,176	$259,888	$649,739	$142,288
2022	$353,767	$271,462	$501,763	$82,305
2021	$187,039	$291,398	$426,016	$-104,359
2020	$398,168	$264,949	$530,781	$133,219

LITERACY OUTREACH