LITERACY NETWORK INC (EIN 510180488) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

ROBIN RYAN

Phone

6082443911

Tax Period

2024-01-01 to 2024-12-31

LITERACY NETWORK INC, founded in 1976, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $440K, a strong 17% operating margin.

Mission

LITERACY NETWORK HELPS ADULTS IN DANE COUNTY BUILD SKILLS, REACH GOALS, AND CONNECT COMMUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,313,787

Program Service Revenue $99,039

Investment Income $187,780

Other Revenue $-9,451

TOTAL REVENUE $2,591,155

Expense Breakdown

Grants Paid $2,775

Salaries & Benefits $1,602,610

Fundraising Expenses $157,445

Program Expenses $1,807,434

Other Expenses $545,868

TOTAL EXPENSES $2,151,253

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,591,155	$1,757,358	+0.5%
Expenses	$2,151,253	$1,853,731	+0.2%
Net Income	$439,902	$-96,373	-5.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

417

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

$104,075

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TANA ELIAS	PRESIDENT	1.50	Officer Director	$0	$0	$0
DOUGLAS KEILLOR	VICE PRESIDENT	1.50	Officer Director	$0	$0	$0
ANNE KARCH	SECRETARY	1.50	Officer Director	$0	$0	$0
RYAN SMITH	TREASURER	1.50	Officer Director	$0	$0	$0
J CORKEY CUSTER	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE LE	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE ORTIZ	DIRECTOR	1.00	Director	$0	$0	$0
LYNN SILVERMAN	DIRECTOR	1.00	Director	$0	$0	$0
SETH UMBAUGH	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN ALBAN	DIRECTOR	1.00	Director	$0	$0	$0
LINDSAY BROMS	DIRECTOR	1.00	Director	$0	$0	$0
JEFF BOUDREAU	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA BURCHELL-DOGRA	DIRECTOR	1.00	Director	$0	$0	$0
BECKY FUNK	DIRECTOR	1.00	Director	$0	$0	$0
SHERRICE PERRY	DIRECTOR	1.00	Director	$0	$0	$0
FRANCISCO SOZA	DIRECTOR	1.00	Director	$0	$0	$0
SEYNABOU YOUM	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE MARQUIS	DIRECTOR (THRU MARCH)	1.00	Director	$0	$0	$0
SARAH REUSCHE	DIRECTOR (THRU MARCH)	1.00	Director	$0	$0	$0
BEATRICE CHRISTENSEN	DIRECTOR (THRU MAY)	1.00	Director	$0	$0	$0
LAU CHRISTENSEN	DIRECTOR (THRU MAY)	1.00	Director	$0	$0	$0
ROBIN RYAN	EXECUTIVE DIRECTOR	36.50	Officer	$103,672	$403	$104,075

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	$2,591,155	$2,151,253	$4,475,494	$439,902
2023	$1,757,358	$1,853,731	$3,883,684	$-96,373
2022	$1,534,359	$1,738,093	$3,818,336	$-203,734
2021	$2,002,520	$1,333,832	$4,205,047	$668,688
2020	$1,247,905	$1,140,914	$3,481,359	$106,991
2019	$1,191,671	$1,195,957	$3,265,819	$-4,286
2018	$1,389,549	$1,142,059	$3,193,449	$247,490

LITERACY NETWORK INC