LITERACY SAN ANTONIO INC DBA TXREADS (EIN 271393015) - 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

PAMELA R TOMAN

Phone

2109578790

Tax Period

2022-01-01 to 2022-12-31

LITERACY SAN ANTONIO INC DBA TXREADS, founded in 2009, is a small nonprofit in the Education sector that reported $543K in total revenue in fiscal year 2022. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

"TXREADS" IS A PROJECT OF LITERACY SAN ANTONIO, INC TO INCREASE THE NUMBER OF CHILDREN READING ON GRADE LEVEL BY EMPOWERING TEACHERS TO USE THE SCIENCE OF TEACHING READING AND INCREASING ACCESS TO BOOKS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $150,597

Program Service Revenue $391,800

Investment Income $997

Other Revenue $0

TOTAL REVENUE $543,394

Expense Breakdown

Grants Paid $9,503

Salaries & Benefits $500,701

Fundraising Expenses $0

Program Expenses $541,225

Other Expenses $72,567

TOTAL EXPENSES $582,771

Year-over-Year Comparison

	2022	2021	Change
Revenue	$543,394	$752,884	-0.3%
Expenses	$582,771	$513,781	+0.1%
Net Income	$-39,377	$239,103	-1.2%

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

N/A

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

$94,819

Total Directors

$94,819

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAMELA TOMAN	Executive Dir.	40.00	Officer Director	$94,819	$0	$94,819
JENNA WALLACE	BOARD MEMBER	1.00	Director	$0	$0	$0
HEATHER H SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHRYN KEETON	Chairman	1.00	Director	$0	$0	$0
LOUIS CARDENAS	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID L OLSON JR	BOARD 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
2024	No data	No data	No data	No data
2022	$543,394	$582,771	$550,781	$-39,377
2021	$752,884	$513,781	$587,263	$239,103
2020	$607,839	$378,312	$347,702	$229,527
2019	$469,647	$643,750	$123,843	$-174,103
2018	$531,268	$468,843	$292,093	$62,425

LITERACY SAN ANTONIO INC DBA TXREADS