LITERACY COUNCIL OF CENTRAL ALABAMA

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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

1970

Legal Domicile

Principal Officer

BRYAN JOHNSON

Phone

2053261925

Tax Period

2024-01-01 to 2024-12-31

LITERACY COUNCIL OF CENTRAL ALABAMA, founded in 1970, is a small nonprofit in the Education sector that reported $631K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $717K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO IMPROVE THE LIVES OF ADULTS AND THEIR FAMILIES THROUGH LITERACY EDUCATION THAT TEACHES PEOPLE TO READ, WRITE, AND SPEAK ENGLISH.

Program Service Accomplishments

Program 1

Expenses: $649,478 Revenue: $1,367

OPERATE A CLEARING HOUSE FOR LITERACY INFORMATION. EXPAND PROGRAMS. RECRUIT LEARNERS AND VOLUNTEERS. COMMUNICATE INFORMATION ABOUT LITERACY PROGRAMS TO AREA ORGANIZATIONS. IDENTIFY GAPS IN LITERACY...

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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 $638,392

Program Service Revenue $1,367

Investment Income $0

Other Revenue $-8,856

TOTAL REVENUE $630,903

Expense Breakdown

Grants Paid $0

Salaries & Benefits $602,099

Fundraising Expenses $17,132

Program Expenses $649,478

Other Expenses $114,485

TOTAL EXPENSES $716,584

Year-over-Year Comparison

	2024	2023	Change
Revenue	$630,903	$744,356	-0.2%
Expenses	$716,584	$837,317	-0.1%
Net Income	$-85,681	$-92,961	-0.1%

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

130

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

$112,040

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR BRYAN JOHNSON	EXECUTIVE DIRECTOR	40.00	Officer	$39,940	$0	$39,940
DANIELLE TIPTON	CHIEF OPERATING OFFICER	40.00	Officer	$70,000	$2,100	$72,100
ADRIENNE BRECKENRIDGE	DIRECTOR	0.20	Director	$0	$0	$0
AISHA HOLLINS	DIRECTOR	0.20	Director	$0	$0	$0
ANDREW MOAK	DIRECTOR	0.20	Director	$0	$0	$0
ANTOINE LIDDELL	IMMEDIATE PAST CHAIR	0.40	Director	$0	$0	$0
BRIAN WILSON	CHAIR	0.40	Director	$0	$0	$0
CINDY WARNER	DIRECTOR	0.20	Director	$0	$0	$0
JASON WATTERS	SECRETARY	0.40	Director	$0	$0	$0
JEAN ANN LARSON	ASSISTANT SECRETARY	0.40	Director	$0	$0	$0
JIMMY OLIVER	DIRECTOR	0.20	Director	$0	$0	$0
JODY MATTSON	VICE CHAIR	0.40	Director	$0	$0	$0
JOHN VEREEN	DIRECTOR	0.20	Director	$0	$0	$0
JUNE CLARK	DIRECTOR	0.20	Director	$0	$0	$0
KAT DEPALMA	DIRECTOR	0.20	Director	$0	$0	$0
KATRINA MCMILLAN	DIRECTOR	0.20	Director	$0	$0	$0
KRISTIN WATERS SULLIVAN	DIRECTOR	0.20	Director	$0	$0	$0
MERIDETH CALHOUN	DIRECTOR	0.20	Director	$0	$0	$0
NICHOLE OLIVER	DIRECTOR	0.20	Director	$0	$0	$0
REBECCA BEERS	DIRECTOR	0.20	Director	$0	$0	$0
SCARLOTTE KILGORE	DIRECTOR	0.20	Director	$0	$0	$0
WILL SAXTON	TREASURER	0.40	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
2024	$630,903	$716,584	$396,195	$-85,681
2023	$744,356	$837,317	$437,111	$-92,961
2022	$878,287	$974,446	$875,792	$-96,159
2021	$893,469	$842,775	$983,989	$50,694
2020	$866,078	$785,774	$924,513	$80,304