ORANGE COUNTY LITERACY COUNCIL INC (EIN 561433933) - 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

1984

Legal Domicile

Principal Officer

ALICE DENSON

Phone

9199146153

Tax Period

2022-07-01 to 2023-06-30

ORANGE COUNTY LITERACY COUNCIL INC, founded in 1984, is a small nonprofit that reported $411K in total revenue in fiscal year 2022. Revenue decreased 12% compared to the prior year. Expenses of $459K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO HELP ADULTS REACH THEIR EDUCATION, EMPLOYMENT AND LIFE GOALS BY PROVIDING FREE, FLEXIBLE INSTRUCTION IN READING, WRITING AND BASIC MATH, ENGLISH LANGUAGE AND COMPUTER SKILLS. THE COUNCIL HELPS ADULTS TO PREPARE TO TAKE THE GED, OTHER HIGH SCHOOL EQUIVALENCY TESTS, THE NATURALIZATION TEST AND TO TRANSITION TO FURTHER EDUCATION OR JOBS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $396,452

Program Service Revenue $0

Investment Income $1,981

Other Revenue $12,730

TOTAL REVENUE $411,163

Expense Breakdown

Grants Paid $0

Salaries & Benefits $362,320

Fundraising Expenses $15,001

Program Expenses $405,582

Other Expenses $96,361

TOTAL EXPENSES $458,681

Year-over-Year Comparison

	2022	2021	Change
Revenue	$411,163	$468,737	-0.1%
Expenses	$458,681	$408,897	+0.1%
Net Income	$-47,518	$59,840	-1.8%

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

100

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

$81,232

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
J TAYLOR THURMAN	PRESIDENT	3.00	Officer Director	$0	$0	$0
JOHN SHERER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SUE HUNTER	SECRETARY	1.00	Officer Director	$0	$0	$0
RIKKI MANGRUM	TREASURER	4.00	Officer Director	$0	$0	$0
BRIDGET BOOHER	DIRECTOR	1.00	Director	$0	$0	$0
AURORA BOYER	DIRECTOR	1.00	Director	$0	$0	$0
MADELYN BRANNON	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN BROWN	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS GRASTY	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA KO	DIRECTOR	1.00	Director	$0	$0	$0
CASON LINLEY	DIRECTOR	1.00	Director	$0	$0	$0
LYNN ROUNDTREE	DIRECTOR	1.00	Director	$0	$0	$0
DEAN SMITH	DIRECTOR	1.00	Director	$0	$0	$0
ALICE DENSON	EXECUTIVE DIRECTOR	40.00	Officer	$71,180	$10,052	$81,232

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	No data	No data	No data	No data
2023	$411,163	$458,681	$151,034	$-47,518
2022	$468,737	$408,897	$191,671	$59,840
2021	$343,490	$388,577	$262,642	$-45,087
2020	$380,915	$443,158	$269,671	$-62,243

ORANGE COUNTY LITERACY COUNCIL INC