Duluth, GA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LITERACY ACTION INC, founded in 1968, is a small nonprofit that reported $187K in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 551% operating deficit.
To build better futures by empowering individuals with literacy, life and work skills and our vision is to break the intergenerational cycle of low literacy and poverty.
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 | $187,479 | $1,445,104 | -0.9% |
| Expenses | $1,219,644 | $1,567,897 | -0.2% |
| Net Income | $-1,032,165 | $-122,793 | +7.4% |
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 |
|---|---|---|---|---|---|---|
| SARA TOTONCHI | INTERIM EXECUTIVE DIRECTOR | 30.00 |
|
$26,000 | $0 | $26,000 |
| BLAKE MCDANIEL | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| WINNIFER COX | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| ROHAN EDWARDS | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| JEANETTE CHUQUIURE CRAWFORD | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| CASSANDRA SEIBLES | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| BEVERLY FERGUSON | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| HELENA AUGENSTEIN | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| BARBARA FELIX | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| DAVID DIETRICHS | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| CHRISTINE BRODNAN | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| KALLE WOOD | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| PENNY PALMER | TREASURER | 0.00 |
|
$0 | $0 | $0 |
| TORY WINN | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| CAROLYN PLEISS | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| LESLEY SOLOMON | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| CALVIN WRIGHT | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| DAVID PETERSON | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| ADDISON MERIWEATHER | TRUSTEE | 1.00 |
|
$0 | $0 | $0 |
| DEIRDRA GLOVER | SECRETARY | 0.00 |
|
$0 | $0 | $0 |
| NITHYA NARASIMHAN | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| TRACIE COKER KAMBIES | TRUSTEE | 0.00 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $187,479 | $1,219,644 | No data | $-1,032,165 |
| 2023 | $1,445,104 | $1,567,897 | $1,470,840 | $-122,793 |
| 2022 | $1,539,429 | $1,352,841 | $1,276,569 | $186,588 |
| 2021 | $1,510,503 | $1,385,678 | $1,290,377 | $124,825 |
| 2020 | $1,431,323 | $1,552,334 | $898,740 | $-121,011 |
| 2019 | $1,501,127 | $1,498,139 | $1,063,199 | $2,988 |
| 2018 | $1,387,785 | $2,237,406 | $989,485 | $-849,621 |
Compare LITERACY ACTION INC with other nonprofits in Georgia and across the country.