Literacy Volunteers and Advocates (EIN 521531325) - 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

1987

Legal Domicile

Principal Officer

Kenneth Parker

Tax Period

2021-07-01 to 2022-06-30

Literacy Volunteers and Advocates, founded in 1987, is a small nonprofit that reported $102K in total revenue in fiscal year 2021. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

To teach basic literacy through one-on-one tutoring and small group instruction; To educate the community about the causes and consequences of illiteracy; To partner with other organizations to work towards elimination of illiteracy

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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 (2021)

Revenue Breakdown

Contributions & Grants $96,951

Program Service Revenue $5,332

Investment Income $0

Other Revenue $0

TOTAL REVENUE $102,283

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,693

Fundraising Expenses $4,976

Program Expenses $56,312

Other Expenses $18,346

TOTAL EXPENSES $101,039

Year-over-Year Comparison

	2021	2020	Change
Revenue	$102,283	$129,220	-0.2%
Expenses	$101,039	$206,343	-0.5%
Net Income	$1,244	$-77,123	-1.0%

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

$61,199

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kenneth Parker	Executive Director	40.00	Officer	$59,999	$1,200	$61,199
Beverly Green	Director	1.00	Director	$0	$0	$0
LaMar Hortman	Director	1.00	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
2022	$102,283	$101,039	$3,760	$1,244
2021	$129,220	$206,343	$67,494	$-77,123
2020	$298,172	$343,986	$117,665	$-45,814
2019	$395,381	$309,862	$136,995	$85,519
2018	$265,226	$246,866	$76,335	$18,360

Literacy Volunteers and Advocates