Literacy Chicago (EIN 362663174) - 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

1992

Legal Domicile

Principal Officer

Marilyn Peterson

Phone

3128586020

Tax Period

2024-07-01 to 2025-06-30

Literacy Chicago, founded in 1992, is a small nonprofit in the Education sector that reported $897K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $192K, a strong 21% operating margin.

Mission

To help empower individuals to achieve greater self-sufficiency through language and literacy instruction

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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 (2024)

Revenue Breakdown

Contributions & Grants $873,558

Program Service Revenue $0

Investment Income $9

Other Revenue $23,637

TOTAL REVENUE $897,204

Expense Breakdown

Grants Paid $0

Salaries & Benefits $546,365

Fundraising Expenses $34,828

Program Expenses $540,919

Other Expenses $159,319

TOTAL EXPENSES $705,684

Year-over-Year Comparison

	2024	2023	Change
Revenue	$897,204	$632,404	+0.4%
Expenses	$705,684	$628,863	+0.1%
Net Income	$191,520	$3,541	+53.1%

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

175

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

$148,544

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marilyn Peterson	President	005.00	Officer	$148,544	$0	$148,544
Shirley Evans-Wofford	Director	005.00	Director	$0	$0	$0
Joann Horton	Director	005.00	Director	$0	$0	$0
Sandra Manguian	Director	005.00	Director	$0	$0	$0
Deborah Best	Director	005.00	Director	$0	$0	$0
Richard Dominguez	Executive. Director	040.00	Director	$0	$0	$0
Steven Ginsburgh	Vice-Pres	005.00	Officer	$0	$0	$0
Diane Fleming-Coker	Treasurer	005.00	Officer	$0	$0	$0
Bill Fehrman	Secretary	005.00	Officer	$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	$897,204	$705,684	$880,654	$191,520
2024	$632,404	$628,863	$729,006	$3,541
2022	$548,465	$515,628	$453,259	$32,837
2021	$446,423	$465,130	$420,422	$-18,707
2019	$289,958	$392,866	$207,265	$-102,908

Literacy Chicago