Literacy and Evangelism Inc (EIN 736111804) - 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

1967

Legal Domicile

Principal Officer

Rev Sid Rice

Tax Period

2023-01-01 to 2023-12-31

Literacy and Evangelism Inc, founded in 1967, is a small nonprofit in the Education sector that reported $862K in total revenue in fiscal year 2023.

Mission

Teach people to read in their own local language or English by using bible-content materials. Literacy as a means for evangelism.

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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 (2023)

Revenue Breakdown

Contributions & Grants $740,938

Program Service Revenue $0

Investment Income $14,030

Other Revenue $107,025

TOTAL REVENUE $861,993

Expense Breakdown

Grants Paid $12,176

Salaries & Benefits $138,533

Fundraising Expenses $18,167

Program Expenses $825,656

Other Expenses $748,724

TOTAL EXPENSES $899,433

Year-over-Year Comparison

	2023	2022	Change
Revenue	$861,993	$854,149	+0.0%
Expenses	$899,433	$899,655	0.0%
Net Income	$-37,440	$-45,506	-0.2%

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

$84,485

Total Directors

$84,485

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Sid Rice	CEO/Chair	40.00	Officer Director	$59,485	$25,000	$84,485
Mr Ford Brett	Vice Chair	0.00	Officer Director	$0	$0	$0
Mr Jim Davis	Director	0.00	Director	$0	$0	$0
Ms K T	Director	0.00	Director	$0	$0	$0
Faith Wambugu	Director	0.00	Director	$0	$0	$0
Angela Fleming	Director	0.00	Director	$0	$0	$0
Mr William J Hester	Director	0.00	Director	$0	$0	$0
Mr Roland Rice	CFO	0.00	Officer	$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	No data	No data	No data	No data
2023	$861,993	$899,433	$762,174	$-37,440
2022	$854,149	$899,655	$802,984	$-45,506
2021	$885,871	$903,871	$858,673	$-18,000
2020	$981,460	$829,594	$877,303	$151,866
2019	$879,015	$847,449	$716,181	$31,566
2018	$988,623	$1,006,003	$678,788	$-17,380

Literacy and Evangelism Inc