The Literacy Council of Southwest LA (EIN 721113592) - Form 990 Financial Analysis & Trantor Score

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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

1988

Legal Domicile

Principal Officer

Tommeka Semien

Phone

3374947000

Tax Period

2024-01-01 to 2024-12-31

The Literacy Council of Southwest LA, founded in 1988, is a small nonprofit in the Education sector that reported $859K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

The Literacy Council of Southwest LA is a community-based, non-profit organization that provides instructional programs to improve educational skill levels in Southwest Louisiana and works to increase public awareness of literacy related issues.

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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 $850,651

Program Service Revenue $0

Investment Income $0

Other Revenue $7,943

TOTAL REVENUE $858,594

Expense Breakdown

Grants Paid $0

Salaries & Benefits $698,448

Fundraising Expenses $8,565

Program Expenses $799,202

Other Expenses $170,783

TOTAL EXPENSES $869,231

Year-over-Year Comparison

	2024	2023	Change
Revenue	$858,594	$663,828	+0.3%
Expenses	$869,231	$664,917	+0.3%
Net Income	$-10,637	$-1,089	+8.8%

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

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

$82,987

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tommeka Semien	Executive Director	40.00	Officer	$77,006	$5,981	$82,987
Derek Hoffman	Past-President	2.00	Officer Director	$0	$0	$0
Roger Fontenot	Board Member	2.00	Director	$0	$0	$0
Will Moore	President-Elect	2.00	Officer Director	$0	$0	$0
Corey Rubin	Secretary	2.00	Officer Director	$0	$0	$0
Tyler Richard	Treasurer	2.00	Officer Director	$0	$0	$0
Matthew Carter	Board Member	2.00	Director	$0	$0	$0
Judith Washington	President	2.00	Officer Director	$0	$0	$0
Jeanne Daboval	Board Member	2.00	Director	$0	$0	$0
Stacey Semien	Board Member	2.00	Director	$0	$0	$0
Frieda Rigmaiden	Board Member	2.00	Director	$0	$0	$0
Andrea Hoffman	Board Member	2.00	Director	$0	$0	$0
Kimberly Green	Board Member	2.00	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
2024	$858,594	$869,231	$204,537	$-10,637
2023	$663,828	$664,917	$225,567	$-1,089
2022	$697,857	$752,860	$195,927	$-55,003
2021	$785,766	$743,346	$245,946	$42,420
2020	$794,676	$881,295	$327,002	$-86,619
2018	$960,110	$896,956	$349,761	$63,154

The Literacy Council of Southwest LA