THE LITERACY ALLIANCE INC (EIN 351710780) - 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

1972

Legal Domicile

Principal Officer

ISABEL NUNEZ

Phone

2604267323

Tax Period

2023-09-01 to 2024-08-31

THE LITERACY ALLIANCE INC, founded in 1972, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 94% from the prior year, signaling strong growth momentum. The organization ran a surplus of $272K, a strong 18% operating margin.

Mission

THE LITERACY ALLIANCES MISSION IS TO EMPOWER PEOPLE AND STRENGTHEN COMMUNITY THROUGH EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,415,274

Program Service Revenue $101,987

Investment Income $128

Other Revenue $-14,119

TOTAL REVENUE $1,503,270

Expense Breakdown

Grants Paid $0

Salaries & Benefits $960,547

Fundraising Expenses $114,944

Program Expenses $998,959

Other Expenses $271,000

TOTAL EXPENSES $1,231,547

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,503,270	$775,872	+0.9%
Expenses	$1,231,547	$1,095,114	+0.1%
Net Income	$271,723	$-319,242	-1.9%

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

195

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

$90,640

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELINDA HAINES	CEO	50.00	Officer	$88,000	$2,640	$90,640
ISABEL NUNEZ	CHAIR	3.00	Officer Director	$0	$0	$0
ERIN NICOLETTE	VICE CHAIR	3.00	Officer Director	$0	$0	$0
COREY PORTER	PAST CHAIR	3.00	Officer Director	$0	$0	$0
MICHAELA BALDWIN	TREASURER	3.00	Officer Director	$0	$0	$0
TAMMY ALLEN	SECRETARY	3.00	Officer Director	$0	$0	$0
TRUDY ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN BAIER	DIRECTOR	1.00	Director	$0	$0	$0
ZACH BARRON	DIRECTOR	1.00	Director	$0	$0	$0
KARA DENSMORE	DIRECTOR	1.00	Director	$0	$0	$0
RON DUCHOVIC	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY MILLER	DIRECTOR (PA	1.00	Director	$0	$0	$0
STATE REP KYLE MILLER	DIRECTOR	1.00	Director	$0	$0	$0
SHARON TUBBS	DIRECTOR	1.00	Director	$0	$0	$0
TIM VANHOUTEN	DIRECTOR	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
2025	No data	No data	No data	No data
2024	$1,503,270	$1,231,547	$907,576	$271,723
2023	$775,872	$1,095,114	$633,214	$-319,242
2022	$746,302	$958,419	$841,733	$-212,117
2021	$1,201,778	$694,720	$1,049,795	$507,058
2020	$675,777	$609,323	$608,737	$66,454

THE LITERACY ALLIANCE INC