Highlands, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Literacy Council of Highlands Inc, founded in 1997, is a small nonprofit in the Education sector that reported $810K in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $199K, a strong 25% operating margin.
To enrich lives and expand the knowledge of children, adults and families through diverse educational programs that advance literacy in its many forms and to promote lifelong learning, which results in an informed and empowered community.
After-School Programming: Over the past year, this program has seen significant accomplishments in improving student performance and engagement in school. With the help of dedicated teachers, tutors...
After-School Programming: Over the past year, this program has seen significant accomplishments in improving student performance and engagement in school. With the help of dedicated teachers, tutors, and volunteers, approximately 85% of participating students have demonstrated measurable gains in literacy and math skills. The program also expanded their STEM (Science, Technology, Engineering, and Math) activities. This approach not only reinforces academic content, but well-rounded development in our students.
Dolly Parton Imagination Library and Book Give-Away: The Literacy & Learning Center pays for the Macon County chapter of the Dolly Parton Imagination Library. Each child enrolled, which is more than...
Dolly Parton Imagination Library and Book Give-Away: The Literacy & Learning Center pays for the Macon County chapter of the Dolly Parton Imagination Library. Each child enrolled, which is more than 1,000 in Macon County, receives a book each month from birth to their fifth birthday. Additionally, The Literacy & Learning Center distributes books throughout the year to children in the after-school program, at the Halloween town event, and the Christmas parade in downtown Highlands. Through these efforts, more than 14,000 books were distributed, ensuring children in the community have access to reading materials in their homes. Surveys show that 90% of parents involved in the program report an increase in their childrens reading frequency and interest.
Adult Education: The adult education programs, which include Adult Literacy, GED classes, and English as a Second Language, have been instrumental in helping adults improve their literacy skills...
Adult Education: The adult education programs, which include Adult Literacy, GED classes, and English as a Second Language, have been instrumental in helping adults improve their literacy skills, earn their high school equivalency (GED) and gain essential workforce skills. These programs have provided critical support in career readiness and have empowered adults to achieve personal and professional growth.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $810,124 | $473,896 | +0.7% |
| Expenses | $611,544 | $419,698 | +0.5% |
| Net Income | $198,580 | $54,198 | +2.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Bonnie Potts | Executive Director | 40.00 |
Officer
|
$79,063 | $4,810 | $83,873 |
| Kirk Dornbush | Chair | 10.00 |
Officer
Director
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$0 | $0 | $0 |
| Mark Chmar | Vice-Chair | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robin Canady | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dawn Van Fleet | Secretary | 5.00 |
Officer
Director
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$0 | $0 | $0 |
| Vickie Betts | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| John Golwen | Board Member | 5.00 |
Director
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$0 | $0 | $0 |
| Bob Lennon | Board Member | 5.00 |
Director
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$0 | $0 | $0 |
| Bill Lathem | Board Member | 5.00 |
Director
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$0 | $0 | $0 |
| Lisa Richards | Board Member | 5.00 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $810,124 | $611,544 | $906,838 | $198,580 |
| 2022 | $473,896 | $419,698 | $753,047 | $54,198 |
| 2021 | $391,307 | $359,463 | $735,026 | $31,844 |
| 2020 | $333,081 | $338,228 | $699,781 | $-5,147 |
| 2019 | $685,128 | $339,395 | $672,936 | $345,733 |
| 2018 | $387,025 | $264,449 | $329,190 | $122,576 |
Compare Literacy Council of Highlands Inc with other nonprofits in North Carolina and across the country.