NEWPORT BEACH, CA
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Sign In — Free (10 views/day)THE LITERACY PROJECT, founded in 1989, is a small nonprofit in the Community Improvement sector that reported $401K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $103K, a strong 26% operating margin.
IN EACH SCHOOL WE PARTNER WITH A GROUP OF SIX STUDENTS ARE TAUGHT TO READ IN 30 LESSONS USING A GAME FORMAT. THE PROGRAM IS ADMIMISTERED BY A MASTER TEACHER WHO FOCUSES ON FIVE ESSENTIAL READING COMPONENTS: PHONEMIC AWARENESS, PHONICS, FLUENCY, VOCABULARY, AND COMPREHENSION. THE GAME FORMAT IS HIGHLY ENGAGING, FUN, AND EFFECTIVE, USING THREE LEARNING MODALITIES - AUDITORY, VISUAL, AND TACTILE. THE CURRICULUM ALIGNS WITH STATE STANDARDS AND BEST PRACTICES IN READING INSTRUCTION TO ACHIEVE STUDENT LITERACY.FOUNDED IN 2009, THE LITERACY PROJECT (TLP) HAS HELPED MORE THAN 10,000 STRUGGLING READERS IMPROVE THEIR PHONETIC SKILLS AND BECOME MORE SELF-CONFIDENT, LEADING TO GRADE-LEVEL READING. THROUGHOUT THE PROGRAM, WE ASSESS STUDENTS TO MONITOR THEIR PROGRESS. IN THE LAST SCHOOL YEAR, 85% OF ALL TLP STUDENTS MET OR EXCEEDED THEIR PRIMARY END-OF-YEAR GROWTH GOAL. DURING THE PAST YEAR, READING PROGRAMS HAVE EXPANDED FROM CALIFORNIA TO UTAH AND ARIZONA.
THROUGH PRE- AND POST-TESTING, BOTH ACADEMIC AND ATTITUDINAL, THE LITERACY PROJECT PROGRAM PROVES SIGNIFICANT, MEASURABLE GAINS IN PHONICS, WORD DECODING, WORD IDENTIFICATION, ENGLISH FLUENCY, AND...
THROUGH PRE- AND POST-TESTING, BOTH ACADEMIC AND ATTITUDINAL, THE LITERACY PROJECT PROGRAM PROVES SIGNIFICANT, MEASURABLE GAINS IN PHONICS, WORD DECODING, WORD IDENTIFICATION, ENGLISH FLUENCY, AND READING, WHICH INCREASES SELF-ESTEEM AND CONFIDENCE IN READING SKILLS. A NATIONALLY ACCLAIMED ASSESSMENT METHOD IS USED FOR THE PRE- AND POST-TESTING OF ATTITUDES.THE ORANGE COUNTY DEPARTMENT OF EDUCATION'S (OCDE), EVALUATION, DATA, AND ASSESSMENT CENTER (EDAC) REVIEWED THE PROGRAM INDEPENDENTLY IN 2012. THE DATA CONCLUDED THAT "TESTED STUDENTS BEGAN THE PROGRAM WITH LOWER READING SKILLS THAN THE COMPARISON GROUP AND TESTED SIGNIFICANTLY HIGHER THAN NON-PARTICIPATING PEERS." iT WAS CONSISTENTLY FOUND THAT PARTICIPATING STUDENTS OUTPERFORMED THEIR NON-PARTICIPATING PEERS, REGARDLESS OF THEIR GRADE, AGE, OR SCHOOL. AS A RESULT, STUDENTS IMPROVED BY THREE-FOURTHS OF A GRADE LEVEL OR SEVEN MONTHS OF CLASSROOM INSTRUCTION.PARTICIPANTS BEGAN THE PROGRAM WITH READING PROFICIENCY LEVELS BELOW 25% OF THEIR NON-PARTICIPATING PEERS. PARTICIPANTS' PHONETIC SKILLS INCREASED BY AN AVERAGE OF 76%, AND THEIR READING PROFICIENCY WAS NEARLY IDENTICAL TO THEIR PEERS, WHICH MEANS TPL'S PROGRAM SUCCEEDED IN "BRIDGING THEIR LITERACY GAP." COMPARED TO THEIR PEERS, THIS IS A SIGNIFICANT IMPROVEMENT. IN SOME CASES, STUDIES SHOW THAT THE PARTICIPANT OUTSCORED THE CONTROL GROUP (NON PARTICIPATING PEERS) BY AS MUCH AS 129%.THE POST PROGRAM ATTITUDINAL SURVEY REVEALED SIGNIFICANT MEASURABLE RESULTS, INCLUDING OVER: 80% REPORTED THAT READING WAS MORE ENJOYABLE 80% FELT THEY HAD BECOME BETTER READERS 60% LIKED SCHOOL MORE 70% FELT THEIR GRADES WERE IMPROVING 75% REPORTED THAT READING BETTER MADE SCHOOL MORE FUN
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $400,656 | $301,022 | +0.3% |
| Expenses | $297,204 | $291,890 | +0.0% |
| Net Income | $103,452 | $9,132 | +10.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| SUE GRANT | Chairman | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT LOPEZ | Vice President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| PENNY M FOX | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| DENNIS KUHL | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| ARNIE RUBIN | Director | 15.00 |
Director
|
$0 | $0 | $0 |
| FIONA GRANDI | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| SINAN KANATSIZ | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| PAULA KARCHER | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| JIM STEELE | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| BILL PASSO | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| JOE STAPLETON | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL T TRAVIS | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER TRELA | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| VISHAL TUMMALA | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $400,656 | $297,204 | $858,675 | $103,452 |
| 2023 | $329,159 | $291,901 | $746,899 | $37,258 |
| 2022 | $481,937 | $220,847 | $710,926 | $261,090 |
| 2021 | $267,570 | $156,346 | $448,179 | $111,224 |
| 2020 | $245,924 | $224,375 | $334,933 | $21,549 |
| 2019 | $233,628 | $275,392 | $304,026 | $-41,764 |
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