TEMPLE LITERACY COUNCIL

EIN: 742570267 501(c)(3) Education

TEMPLE, TX

Total Revenue
$8,360
Total Expenses
$11,391
Total Assets
$26,511
Net Assets
$26,511
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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
1989
Legal Domicile
TX
Principal Officer
RICHARD A SCHNEIDER
Phone
2547747323
Tax Period
2019-08-01 to 2020-07-31

TEMPLE LITERACY COUNCIL, founded in 1989, is a micro nonprofit in the Education sector that reported $8K in total revenue in fiscal year 2019. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $11K exceeded revenue, resulting in a 36% operating deficit.

Mission

HELP ADULT STUDENTS IMPROVE THEIR BASIC LITERACY AND ENGLISH AS A SECOND LANGUAGE SKILLS.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $8,780
Program Service Revenue $0
Investment Income $0
Other Revenue $-420
TOTAL REVENUE $8,360

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,391
Other Expenses $11,391
TOTAL EXPENSES $11,391

Year-over-Year Comparison

2019 2018 Change
Revenue $8,360 $12,905 -0.4%
Expenses $11,391 $11,567 0.0%
Net Income $-3,031 $1,338 -3.3%
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

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
43

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEIGH GARDNER PRESIDENT 1.00
Officer Director
$0 $0 $0
WILLIAM BERNING VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LINDA DROZD SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD A SCHNEIDER TREASURER 1.00
Officer Director
$0 $0 $0
JUSTICE BIGBIE BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN CHANDLER BOARD MEMBER 1.00
Director
$0 $0 $0
METCHREE MATHIS BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN W MEYER BOARD MEMBER 1.00
Director
$0 $0 $0
RICK REINDL BOARD MEMBER 1.00
Director
$0 $0 $0
DON STILES BOARD MEMBER 1.00
Director
$0 $0 $0
JODI THOMAS BOARD MEMBER 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
2020 $8,360 $11,391 $26,511 $-3,031
2019 $12,905 $11,567 $29,542 $1,338
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