Smart Family Literacy Inc

🔒

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

2004

Legal Domicile

Principal Officer

Elizabeth Turner

Phone

4097714155

Tax Period

2024-01-01 to 2024-12-31

Smart Family Literacy Inc, founded in 2004, is a small nonprofit in the Education sector that reported $388K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $480K exceeded revenue, resulting in a 24% operating deficit.

Mission

EDUCATIONAL OUTREACH AND LITERACY FOR YOUNG CHILDREN AND FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $445,225

In 2024, SMART Family Literacy, Inc. partnered with educators, medical professionals, and other nonprofit professionals in elementary schools, childcare centers, clinics, and hospitals to strengthen early childhood education through reading and hands-on activities in science, math, art, reading, and technology. SMART collaborated in strong partnerships to distribute 36,200 books to young children and the adults who care for them and teach them, including parents and teachers. Through networking and partnerships, SMART gave books to 9,317 children, reached 781 parents, and trained 1,381 teachers and literacy leaders. SMART led 250 volunteers and service learners in service-learning activities and projects. As a result of Hurricane Beryl in 2024, SMART gave 45 backpacks with emergency supplies to families and replaced $25,000 in damaged learning supplies for childcare centers.

🔒

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 $254,754

Program Service Revenue $77,329

Investment Income $733

Other Revenue $55,041

TOTAL REVENUE $387,857

Expense Breakdown

Grants Paid $0

Salaries & Benefits $213,685

Fundraising Expenses $10,274

Program Expenses $445,225

Other Expenses $266,621

TOTAL EXPENSES $480,306

Year-over-Year Comparison

	2024	2023	Change
Revenue	$387,857	$480,161	-0.2%
Expenses	$480,306	$475,470	+0.0%
Net Income	$-92,449	$4,691	-20.7%

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

N/A

Employees

Volunteers

250

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

$60,625

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elizabeth Turner	Executive Dir.	40.00	Director	$60,625	$0	$60,625
Suzanne La ForteMD	Director	1.00	Director	$0	$0	$0
Steve Mataro	Director	1.00	Director	$0	$0	$0
Ginger Turner	Secretary	1.00	Officer Director	$0	$0	$0
CHRISTAL BURNETT-SANCHEZ EDD	Treasurer	1.00	Officer Director	$0	$0	$0
VERONICA HUGGER	Director	1.00	Director	$0	$0	$0
ELIZABETH BEAVERS PHD	Director	1.00	Director	$0	$0	$0
MARK GREENWALT	Director	1.00	Director	$0	$0	$0
KATHY MACHOL	Director	1.00	Director	$0	$0	$0
LAURA HUGHES	Director	1.00	Director	$0	$0	$0
MARTHA MONTENEGRO NORRIS	Director	1.00	Director	$0	$0	$0
ABE DEANDA JR MD	Vice President	1.00	Officer Director	$0	$0	$0
DOMINIC ETIENNE	Director	1.00	Director	$0	$0	$0
DAWN MCCARTY	President	1.00	Officer Director	$0	$0	$0
ELIZABETH LIEN-RODRIGUEZ	Director	1.00	Director	$0	$0	$0
Samuel Mathis MD	Director	1.00	Director	$0	$0	$0
Julio Rodriguez CPA	Director	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
2024	$387,857	$480,306	$175,812	$-92,449
2023	$480,161	$475,470	$105,399	$4,691
2022	$304,686	$308,414	$103,248	$-3,728
2021	$325,190	$293,322	$102,634	$31,868
2020	$345,650	$336,525	$70,766	$9,125
2019	$265,501	$281,934	$61,641	$-16,433
2018	$215,956	$188,620	$78,074	$27,336