GREATER INDIANAPOLIS LITERACY LEAGUE INC

EIN: 311227489 501(c)(3)

INDIANAPOLIS, IN

Total Revenue
$1,520,689
Total Expenses
$1,296,782
Total Assets
$1,652,449
Net Assets
$1,455,525
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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
1984
Legal Domicile
IN
Principal Officer
RUBA MARSHOOD
Phone
3172754040
Tax Period
2022-07-01 to 2023-06-30

GREATER INDIANAPOLIS LITERACY LEAGUE INC, founded in 1984, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 15% surplus.

Mission

TO PROMOTE AND IMPROVE THE LITERACY OF ADULTS AND FAMILIES IN CENTRAL INDIANA.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,354,122
Program Service Revenue $24,091
Investment Income $11,958
Other Revenue $130,518
TOTAL REVENUE $1,520,689

Expense Breakdown

Grants Paid $0
Salaries & Benefits $937,965
Fundraising Expenses $198,565
Program Expenses $953,231
Other Expenses $358,817
TOTAL EXPENSES $1,296,782

Year-over-Year Comparison

2022 2021 Change
Revenue $1,520,689 $1,398,861 +0.1%
Expenses $1,296,782 $1,256,418 +0.0%
Net Income $223,907 $142,443 +0.6%
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

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Governance

Voting Members
14
Independent Members
14
Employees
34
Volunteers
70

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
6
$152,586
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAD SCHENKEL CHAIR 3.00
Officer Director
$0 $0 $0
RACHEL SPEHLER VICE CHAIR 3.00
Officer Director
$0 $0 $0
JASON BEARCE SECRETARY 3.00
Officer Director
$0 $0 $0
ADARSH MANTRAVADI TREASURER 3.00
Officer Director
$0 $0 $0
LORI HALL IMMEDIATE PAST BOARD CHAIR 3.00
Officer Director
$0 $0 $0
MATTHEW BRUHN BOARD MEMBER 1.00
Director
$0 $0 $0
SHERRY MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS SCOTT BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM TURNER JR BOARD MEMBER 1.00
Director
$0 $0 $0
LINDSAY GRAMLICH BOARD MEMBER 1.00
Director
$0 $0 $0
MARISOL GOUVEIA BOARD MEMBER 1.00
Director
$0 $0 $0
MARIANN MCGEE-BEMLOHR BOARD MEMBER 1.00
Director
$0 $0 $0
KENNETH MAGEZI BOARD MEMBER 1.00
Director
$0 $0 $0
SARA BANGERT BOARD MEMBER 1.00
Director
$0 $0 $0
RUBA MARSHOOD CEO 40.00
Officer
$145,000 $7,586 $152,586
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 No data No data No data No data
2024 No data No data No data No data
2023 $1,520,689 $1,296,782 $1,652,449 $223,907
2022 $1,398,861 $1,256,418 $1,288,255 $142,443
2021 $1,235,878 $924,128 $1,304,021 $311,750
2020 $897,106 $916,592 $957,869 $-19,486
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