Literacy Partners Inc (EIN 510180665) - 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

1973

Legal Domicile

Principal Officer

Asaf Bar-Tura

Phone

2127259200

Tax Period

2024-07-01 to 2025-06-30

Literacy Partners Inc, founded in 1973, is a community nonprofit in the Education sector that reported $6.0M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $5.8M left a modest 4% surplus.

Mission

Literacy Partners, Inc. advances literacy two generations at a time, by supporting adults, parents, and caregivers in nurturing the literacy skills they and the children in their lives need to thrive.

🔒

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 $5,626,556

Program Service Revenue $0

Investment Income $668,137

Other Revenue $-259,602

TOTAL REVENUE $6,035,091

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,523,447

Fundraising Expenses $1,151,379

Program Expenses $4,092,624

Other Expenses $2,189,281

TOTAL EXPENSES $5,807,728

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,035,091	$4,275,832	+0.4%
Expenses	$5,807,728	$5,078,225	+0.1%
Net Income	$227,363	$-802,393	-1.3%

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

Volunteers

152

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

$108,880

Total Directors

Key Employees

$319,498

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Anthony Tassi	Former Chief Executive Officer	40.00		$318,750	$4,359	$323,109
Kristine Cooper	Chief External Affairs Officer	40.00	Key Emp	$159,707	$14,408	$174,115
Michelle Lopez	Chief Program Officer	40.00	Key Emp	$132,537	$12,846	$145,383
Asaf Bar-Tura	Chief Executive Officer - July 2024	40.00	Officer	$92,478	$16,402	$108,880
Tinika Brown Davis	Director	2.00	Director	$0	$0	$0
Ianthe Dugan	Director	2.00	Director	$0	$0	$0
W Ross Honey	Director	2.00	Director	$0	$0	$0
Sabastian Niles	Director	2.00	Director	$0	$0	$0
Jordan Pavlin	Director	2.00	Director	$0	$0	$0
Richard Hooper	Director	2.00	Director	$0	$0	$0
Aureon Herron-Hinds	Director	2.00	Director	$0	$0	$0
Calvin Siemer	Director	2.00	Director	$0	$0	$0
Finley Shaw	Director	2.00	Director	$0	$0	$0
John Rosso	Director	2.00	Director	$0	$0	$0
Sonia Chaliha	Director	2.00	Director	$0	$0	$0
Todd R Larsen	Treasurer	2.00	Officer	$0	$0	$0
Courtney EK Lewis	Chair	2.00	Officer	$0	$0	$0
Kristina Hammond	Secretary	2.00	Key Emp	$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	$6,035,091	$5,807,728	$9,053,364	$227,363
2024	No data	No data	No data	No data
2023	$2,999,625	$4,494,233	$9,400,360	$-1,494,608
2022	$4,128,478	$3,483,759	$9,633,400	$644,719
2021	$2,656,004	$2,491,732	$10,825,103	$164,272
2020	$5,503,854	$2,445,108	$9,839,855	$3,058,746
2019	$1,800,568	$2,563,909	$5,886,365	$-763,341
2018	$3,173,499	$2,950,768	$6,614,891	$222,731

Literacy Partners Inc