LITERACY VOLUNTEERS - WINCHESTER A… - Form 990 Financial Data

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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

2004

Legal Domicile

Principal Officer

JENNIFER DEHAVEN

Phone

5405361648

Tax Period

2024-07-01 to 2025-06-30

LITERACY VOLUNTEERS - WINCHESTER AREA INC, founded in 2004, is a small nonprofit in the Education sector that reported $207K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $255K exceeded revenue, resulting in a 23% operating deficit.

Mission

LITERACY SERVICES

Program Service Accomplishments

Program 1

Expenses: $201,600

Providing books, classes and tutoring services to improve literacy in the Winchester area. Programs and services include basic adult literacy, family literacy, English language learning, computer...

Providing books, classes and tutoring services to improve literacy in the Winchester area. Programs and services include basic adult literacy, family literacy, English language learning, computer training, financial literacy and citizenship exam preparation. Approximately 218 individuals served.

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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 $196,022

Program Service Revenue $9,872

Investment Income $1,013

Other Revenue $0

TOTAL REVENUE $206,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $167,278

Fundraising Expenses $15,162

Program Expenses $201,600

Other Expenses $87,264

TOTAL EXPENSES $254,542

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,907	$284,442	-0.3%
Expenses	$254,542	$310,870	-0.2%
Net Income	$-47,635	$-26,428	+0.8%

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

N/A

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

$27,692

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER DEHAVEN	Executive Dir.	40.00	Officer	$27,692	$0	$27,692
AHNNALISE STEVENS-JENNINGS	President	1.00	Officer Director	$0	$0	$0
JIM MONTANO	Director	1.00	Director	$0	$0	$0
JASON CORRON	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
2025	$206,907	$254,542	$55,426	$-47,635
2024	No data	No data	No data	No data
2023	$236,012	$254,697	$120,726	$-18,685
2022	$183,549	$215,260	$127,612	$-31,711
2021	$220,366	$177,941	$168,109	$42,425

LITERACY VOLUNTEERS - WINCHESTER AREA INC