LITERACY COUNCIL OF GRAND ISLAND INC (EIN 470808504) - 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

Principal Officer

ROY SWAN

Phone

3086753292

Tax Period

2024-01-01 to 2024-12-31

LITERACY COUNCIL OF GRAND ISLAND INC is a small nonprofit in the Education sector that reported $113K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Net assets of $247K represent 26 months of operating reserves.

Mission

TO TEACH OUR STUDENTS, FREE OF CHARGE, THE LITERACY SKILLS NECESSARY TO COMMUNICATE, GROW, AND THRIVE WITHIN OUR COMMUNITY.

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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 $113,136

Program Service Revenue $0

Investment Income $2

Other Revenue $0

TOTAL REVENUE $113,138

Expense Breakdown

Grants Paid $0

Salaries & Benefits $65,954

Fundraising Expenses $3,506

Program Expenses $101,762

Other Expenses $55,299

TOTAL EXPENSES $121,253

Year-over-Year Comparison

	2024	2023	Change
Revenue	$113,138	$123,247	-0.1%
Expenses	$121,253	$271,793	-0.6%
Net Income	$-8,115	$-148,546	-0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANGELA ALDANA	TREASURER	1.00	Officer Director	$0	$0	$0
ALICIA KOCHHEISER	MEMBER	1.00	Director	$0	$0	$0
SOPHIE MARKLEY	MEMBER	1.00	Director	$0	$0	$0
SEEMA SAXENA	MEMBER	1.00	Director	$0	$0	$0
COURTNEY SHAFER	MEMBER	1.00	Director	$0	$0	$0
ROY SWAN	PRESIDENT	1.00	Officer 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
2024	$113,138	$121,253	$430,342	$-8,115
2023	$123,247	$271,793	$398,032	$-148,546
2022	$117,680	$229,269	$578,816	$-111,589
2021	$140,098	$180,431	$709,879	$-40,333
2020	$306,075	$218,343	$750,212	$87,732

LITERACY COUNCIL OF GRAND ISLAND INC