Literacy Texas (EIN 742538221) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Phone

9033929802

Tax Period

2025-01-01 to 2025-08-31

Literacy Texas, founded in 1989, is a small nonprofit that reported $363K in total revenue in fiscal year 2025. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $479K exceeded revenue, resulting in a 32% operating deficit.

Mission

Literacy Texas is the statewide literacy coalition, connecting and equipping adult and family literacy providers through training, networking, and advocacy.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $310,759

Program Service Revenue $51,152

Investment Income $664

Other Revenue $451

TOTAL REVENUE $363,026

Expense Breakdown

Grants Paid $0

Salaries & Benefits $66,732

Fundraising Expenses $0

Program Expenses $348,963

Other Expenses $412,508

TOTAL EXPENSES $479,240

Year-over-Year Comparison

	2025	2024	Change
Revenue	$363,026	$719,798	-0.5%
Expenses	$479,240	$527,238	-0.1%
Net Income	$-116,214	$192,560	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$63,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Banta	Acting President	2	Officer Director	$0	$0	$0
Fran-Victoria Stephens	President (Part Year)	2	Officer Director	$0	$0	$0
Kay Carroll	Treasurer	2	Officer Director	$0	$0	$0
Gina Franke	Secretary	2	Officer Director	$0	$0	$0
Dr Kelly Coke	Board Member	1	Director	$0	$0	$0
Magda Salazar	Board Member	1	Director	$0	$0	$0
Yogashri Pradhan	Board Member	1	Director	$0	$0	$0
Christa Aldrich	Board Member	1	Director	$0	$0	$0
Leti Spillane	Board Member (Part Year)	1	Director	$0	$0	$0
Dr Jenny McCormack Walker	Executive Director	40	Officer	$58,333	$4,667	$63,000

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	$363,026	$479,240	$274,214	$-116,214
2024	$719,798	$527,238	$304,774	$192,560
2023	$418,430	$460,167	$113,592	$-41,737
2022	$406,051	$423,373	$139,246	$-17,322
2021	$388,426	$374,612	$158,493	$13,814
2020	$373,622	$338,895	$151,090	$34,727
2019	$339,866	$352,321	$119,897	$-12,455
2018	$466,240	$431,016	$127,587	$35,224

Literacy Texas