PONTIAC, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OAKLAND LITERACY COUNCIL, founded in 1988, is a small nonprofit that reported $523K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.
IN PARTNERSHIP WITH TRAINED VOLUNTEER TUTORS OLC PROVIDES FREE INDIVIDUALIZED MATH, READING, WRITING, CONVERSATIONAL ENGLISH, AND DIGITAL LITERACY TUTORING TO ADULTS IN OAKLAND COUNTY, MI.
PROVIDE FREE INDIVIDUALIZED MATH, READING, WRITING, CONVERSATIONAL ENGLISH, AND DIGITAL LITERACY TUTORING TO ADULTS WHO LIVE, WORK, OR GO TO SCHOOL IN OAKLAND COUNTY, MICHIGAN WHO HAVE READING OR...
PROVIDE FREE INDIVIDUALIZED MATH, READING, WRITING, CONVERSATIONAL ENGLISH, AND DIGITAL LITERACY TUTORING TO ADULTS WHO LIVE, WORK, OR GO TO SCHOOL IN OAKLAND COUNTY, MICHIGAN WHO HAVE READING OR MATH SKILLS LESS THAN THE NINTH-GRADE LEVEL OR LIMITED ENGLISH SKILLS. THE CORE OLC MODEL IS DIFFERENT FROM TRADITIONAL ADULT EDUCATION CLASSROOM MODELS. IT IS A FLEXIBLE, EFFECTIVE, AND LOW-COST INTERVENTION THAT RELIES ON TRAINED VOLUNTEER TUTORS TO PROVIDE INSTRUCTION. OLC'S PROGRAM IS RELATIONSHIP-DRIVEN AND BUILT AROUND TRUST. INSTRUCTION IS STRENGTHENED AND LEARNING IS ACCELERATED WITH ONLINE SELF-STUDY, SMALL GROUP LEARNING, AND SPECIALIZED CURRICULUMS. EACH WEEK, OVER 200 LEARNERS BUILD THEIR SKILLS IN A SAFE, SUPPORTIVE ENVIRONMENT WHERE THEY EARN JOB PROMOTIONS, BECOME CITIZENS, TAKE PART IN THEIR CHILDREN'S EDUCATION, AND NAVIGATE THE WORLD BETTER- ALL BECAUSE OF A TUTOR WHO BUILT AN EDUCATIONAL AND CARING RELATIONSHIP WITH THEM THAT ALLOWED THEM TO THRIVE.
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 | $523,218 | $596,855 | -0.1% |
| Expenses | $535,933 | $502,706 | +0.1% |
| Net Income | $-12,715 | $94,149 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOHN ALMSTADT | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| PAULA BROWN | CHAIRPERSON | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUDY BRYCE | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT GAYLOR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANN MANNING | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALICIA STEPHENS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BEVERLY STANBROUGH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAMANY HEAD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHELLEY GOODMAN TAUB | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MITA BHAVSAR | TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| ASHELIN CURRIE | VICE CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELLEN LIPTON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BOB STEEH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SUE KLUNK | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| LISA MACHESKY | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$79,436 | $6,500 | $85,936 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $523,218 | $535,933 | $804,132 | $-12,715 |
| 2022 | $596,855 | $502,706 | $551,898 | $94,149 |
| 2021 | $478,823 | $484,436 | $468,504 | $-5,613 |
| 2020 | $528,529 | $332,420 | $472,799 | $196,109 |
| 2019 | $205,989 | $216,136 | $265,042 | $-10,147 |
Compare OAKLAND LITERACY COUNCIL with other nonprofits in Michigan and across the country.