SCALELIT FKA CHICAGO CITYWIDE LITERACY COALITION

EIN: 352205675 501(c)(3) Education

Chicago, IL

Total Revenue
$1,589,166
Total Expenses
$2,047,898
Total Assets
$801,719
Net Assets
$656,399
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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
2003
Legal Domicile
IL
Principal Officer
Rebecca Raymond
Phone
3122593023
Tax Period
2024-07-01 to 2025-06-30

SCALELIT FKA CHICAGO CITYWIDE LITERACY COALITION, founded in 2003, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2024. Expenses of $2.0M exceeded revenue, resulting in a 29% operating deficit.

Mission

scaleLIT's mission is to help adult education organizations secure resources and training so that under-resourced adult learners can become economically successful, and reframe adult basic education as a critical public policy issue.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,411,605
Program Service Revenue $162,586
Investment Income $14,975
Other Revenue $0
TOTAL REVENUE $1,589,166

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,572,883
Fundraising Expenses $49,777
Program Expenses $1,546,844
Other Expenses $475,015
TOTAL EXPENSES $2,047,898

Year-over-Year Comparison

2024 2023 Change
Revenue $1,589,166 N/A N/A
Expenses $2,047,898 N/A N/A
Net Income $-458,732 $0 N/A
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
15
Independent Members
15
Employees
22
Volunteers
12

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rebecca Raymond Executive Director 40
Highest
$98,767 $0 $98,767
Manny Rodriguez President 2
Officer Director
$0 $0 $0
Christa Hamilton Director 2
Officer Director
$0 $0 $0
Latisha Bell Secretary 2
Officer Director
$0 $0 $0
Jessica Goble Treasurer 2
Officer Director
$0 $0 $0
Matthew Dawson Director 2
Director
$0 $0 $0
Gerardo Gallo Director 2
Director
$0 $0 $0
Ratna Kanumury Director 2
Director
$0 $0 $0
Sheryl Morris Director 2
Director
$0 $0 $0
Kathy Allisin Director 2
Director
$0 $0 $0
Lisbeth Goble PhD Director 2
Director
$0 $0 $0
Suzie Karwowski Director 2
Director
$0 $0 $0
Carmen Kimble Phd Director 2
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 $1,589,166 $2,047,898 $801,719 $-458,732
2024 $2,160,329 $2,016,212 $1,140,195 $144,117
2023 $1,502,584 $1,680,622 $1,022,100 $-178,038
2022 $1,225,090 $1,168,505 $1,103,489 $56,585
2021 $1,295,816 $816,835 $1,110,741 $478,981
2020 $450,122 $701,836 $621,729 $-251,714
2019 $1,101,456 $631,653 $826,272 $469,803
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