Making It Better dba Literacy Now

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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

2006

Legal Domicile

Principal Officer

Jacklyn Wilson

Phone

7135840161

Tax Period

2024-08-01 to 2025-07-31

Making It Better dba Literacy Now, founded in 2006, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $2.4M left a modest 10% surplus.

Mission

To empower children and families through literacy.

Program Service Accomplishments

Program 1

Expenses: $1,766,468 Revenue: $539,851

The 25-week Reading Intervention program provides individualized, small-group reading tutorials for at-risk students in grades K-6 to help them become readers by the end of 3rd grade. The Reading...

The 25-week Reading Intervention program provides individualized, small-group reading tutorials for at-risk students in grades K-6 to help them become readers by the end of 3rd grade. The Reading Express mobile classroom visits low-income communities to provide reading readiness programming for young children (2 months to age 4). It empowers their parents to take an active role in their education.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,123,655

Program Service Revenue $539,851

Investment Income $32,761

Other Revenue $-48,921

TOTAL REVENUE $2,647,346

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,999,238

Fundraising Expenses $368,198

Program Expenses $1,766,468

Other Expenses $371,666

TOTAL EXPENSES $2,370,904

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,647,346	$2,286,914	+0.2%
Expenses	$2,370,904	$2,333,789	+0.0%
Net Income	$276,442	$-46,875	-6.9%

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

650

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

$101,310

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Deepak Manoharan	Chair	2.00	Officer Director	$0	$0	$0
Nathan Brownell	Director	2.00	Director	$0	$0	$0
Jessica Faith Carter	Director	2.00	Director	$0	$0	$0
Jasmine Castleberry	Director	2.00	Director	$0	$0	$0
Fred Charlton	Director	2.00	Director	$0	$0	$0
Giselle Greenwood	Director	2.00	Director	$0	$0	$0
John Haley	Director	2.00	Director	$0	$0	$0
Monsterville Horton	Director	2.00	Director	$0	$0	$0
Jennifer Howard	Director	2.00	Director	$0	$0	$0
Paul LeBlanc	Director	2.00	Director	$0	$0	$0
Deviyani Misra-Godwin	Director	2.00	Director	$0	$0	$0
Jacquelyn Smith	Director	2.00	Director	$0	$0	$0
Andy Waite	Director	2.00	Director	$0	$0	$0
Jacklyn Wilson from 824	CEO	40.00	Officer	$94,076	$7,234	$101,310

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	$2,647,346	$2,370,904	$1,417,471	$276,442
2024	$2,286,914	$2,333,789	$1,141,918	$-46,875
2023	$2,507,795	$2,860,225	$1,207,958	$-352,430
2022	$2,693,470	$1,828,982	$1,566,495	$864,488
2021	$1,597,540	$1,295,563	$887,631	$301,977
2020	$884,578	$1,199,944	$513,746	$-315,366
2019	$1,152,571	$1,228,977	$568,041	$-76,406