ROSEVILLE, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
GENERAL FUNDS-GENERAL FUNDS ARE USED TO CARRY OUT THE MISSION AND GOALS OF LAN INCLUDING: PART-TIME ADMINISTRATIVE COORDINATOR CONTRACT, LEGISLTAIVE LOBBYIST'S CONTRACT, MEMBERSHIP MARKETING OF THE...
GENERAL FUNDS-GENERAL FUNDS ARE USED TO CARRY OUT THE MISSION AND GOALS OF LAN INCLUDING: PART-TIME ADMINISTRATIVE COORDINATOR CONTRACT, LEGISLTAIVE LOBBYIST'S CONTRACT, MEMBERSHIP MARKETING OF THE LAN, WEBSITE MAINTENANCE, BI-ANNUAL LEGISLATIVE FORUM, AND COMMITTEE EXPENSES(TRAVEL ETC.).
SUPPLEMENTAL SERVICE FUND-SUPPORT STATEWIDE AID PROGRAM ENHANCEMENT ACTIVITIES, INCLUDING STATEWIDE ABE CONFERENCE PLANNING AND IMPLEMENATION, STATEWIDE COMMITTEE OR TASK FORCE SUPPORT, AND OTHER...
SUPPLEMENTAL SERVICE FUND-SUPPORT STATEWIDE AID PROGRAM ENHANCEMENT ACTIVITIES, INCLUDING STATEWIDE ABE CONFERENCE PLANNING AND IMPLEMENATION, STATEWIDE COMMITTEE OR TASK FORCE SUPPORT, AND OTHER DUTIES THAT SUPPORT AND ADD VALUE TO ABE STATEWIDE COMMUNICATIONS AND MARKETING.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
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