LITERACY ACTION NETWORK (EIN 272754629) - 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

2010

Legal Domicile

Principal Officer

JOHN ASHBY

Phone

6126052121

Tax Period

2024-07-01 to 2025-06-30

LITERACY ACTION NETWORK, founded in 2010, is a small nonprofit in the Education sector that reported $248K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $80K, a strong 32% operating margin.

Mission

LITERACY ACTION NETWORK IS A STATEWIDE PROFESSIONAL MEMBERSHIP ORGANIZATION THAT HAS THREE MAIN GOALS. TO IMPROVE PROFESSIONALISM IN THE ABE FIELD THROUGH HIGH QUALITY PROFESSIONAL DEVELOPMENT OPPORTUNITIES, TO BE PROAVTIVE ORGANIZATION WHOSE PRESENCE IS INSTRUMENTAL AT STATEWIDE MEETINGS AND DISCUSSIONS CONCERNING ABE, AND TO ADVOCATE FOR ADULT LITERACY PROGRAMS WITH STATE AND FEDERAL GOVERNMNET LAW AND POLICY MAKERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $178,022

Program Service Revenue $70,175

Investment Income $37

Other Revenue $0

TOTAL REVENUE $248,234

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,712

Fundraising Expenses $0

Program Expenses $164,388

Other Expenses $103,827

TOTAL EXPENSES $168,539

Year-over-Year Comparison

	2024	2023	Change
Revenue	$248,234	$216,376	+0.1%
Expenses	$168,539	$250,366	-0.3%
Net Income	$79,695	$-33,990	-3.3%

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
CARA BERGER	BOARD MEMBER	2.00	Director	$0	$0	$0
JASON BRAZIER	BOARD MEMBER	2.00	Director	$0	$0	$0
SUSIE EVANS	BOARD MEMBER	2.00	Director	$0	$0	$0
SCOTT HELLAND	BOARD MEMBER	2.00	Director	$0	$0	$0
LAURA MALOTT	BOARD MEMBER	2.00	Director	$0	$0	$0
MATTHEW MILLER	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN ASHBY	TREASURER	2.00	Officer	$0	$0	$0
KAIJA BERGEN	PRESIDENT	2.00	Officer	$0	$0	$0
ANN TROCHLIL	PRESIDENT EL	2.00	Officer	$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
2025	$248,234	$168,539	$125,768	$79,695
2024	$216,376	$250,366	$46,073	$-33,990
2023	$187,922	$172,190	$80,063	$15,732
2022	$175,283	$180,915	$64,331	$-5,632
2021	$301,701	$292,883	$69,963	$8,818
2020	$178,802	$172,597	$61,145	$6,205
2019	$169,555	$173,926	$54,940	$-4,371

LITERACY ACTION NETWORK