LITERACY LUBBOCK

EIN: 752293940 501(c)(3) Education

LUBBOCK, TX

Total Revenue
$161,234
Total Expenses
$256,859
Total Assets
$231,863
Net Assets
$228,788
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
TX
Principal Officer
JULIE LAUGHLIN
Phone
8067753636
Tax Period
2024-07-01 to 2025-06-30

LITERACY LUBBOCK, founded in 1990, is a small nonprofit in the Education sector that reported $161K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $257K exceeded revenue, resulting in a 59% operating deficit.

Mission

LITERACY LUBBOCK EXECUTES AND SUPPORTS PROGRAMS THAT ENABLE PEOPLE TO BECOME LITERATE.

Program Service Accomplishments

Program 1
Expenses: $231,990

LITERACY LUBBOCK VOLUNTEERS AND STAFF HAVE PROVIDED OVER 4,000 HOURS OF INSTRUCTION TO GED, ESL, AND ADULT EDUCATION STUDENTS THIS FISCAL YEAR.FAMILY LITERACY - TINY TOTSFOR CHILDREN, BIRTH THROUGH 4...

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LITERACY LUBBOCK VOLUNTEERS AND STAFF HAVE PROVIDED OVER 4,000 HOURS OF INSTRUCTION TO GED, ESL, AND ADULT EDUCATION STUDENTS THIS FISCAL YEAR.FAMILY LITERACY - TINY TOTSFOR CHILDREN, BIRTH THROUGH 4 YEARS OLD. CHILDREN ARE READ A STORY EACH WEEK AND CAN TAKE HOME THE BOOK TO BEGIN THEIR HOME LIBRARY. THE WEEKLY STORYTIMES ARE CONDUCTED IN LOCAL LIBRARIES AND CHILDCARE CENTERS. EVENTS ARE HELD AT PARTNER NON-PROFIT AGENCIES TO DISTRIBUTE BOOKS TO CHILDREN. LITERACY LUBBOCK PRESENTS PROGRAMS ON THE IMPORTANCE OF READING TO YOUR CHILDREN AT AREA HEAD START PROGRAMS.GEDLITERACY LUBBOCK PROVIDES INDIVIDUAL VOLUNTEER TUTORS, SMALL CLASSROOM INSTRUCTION, AND ONLINE INSTRUCTION TO ADULT LEARNERS WHO REQUEST OUR HELP IN OBTAINING THEIR GED. BY CAREFULLY MATCHING TRAINED LITERACY VOLUNTEERS WITH ADULT LEARNERS IN BOTH TUTOR AND STUDENT-PAIRED SETTINGS AND CLASSROOM SETTINGS, LITERACY LUBBOCK CAN PROVIDE PERSONALIZED STUDY THROUGH HIGH-IMPACT INDIVIDUALIZED LESSONS, BOOKS, AND TRAINING. GED STUDENTS CAN OBTAIN JOBS AND SEEK HIGH EDUCATION. RESEARCH CONDUCTED BY BROWN UNIVERSITY CONCLUDED THAT HIGH SCHOOL DROPOUTS CAN INCREASE THEIR EARNING POTENTIAL FROM 5-25% BY EARNING A GED. ENGLISH AS A SECOND LANGUAGELITERACY LUBBOCK PROVIDES INDIVIDUAL VOLUNTEER TUTORS, ONLINE AND IN-PERSON OR SMALL CLASSROOM INSTRUCTION TO ADULT LEARNERS WHO REQUEST OUR HELP TO ENABLE THEM TO IMPROVE THEIR ENGLISH SKILLS SO THEY CAN ENTER THE WORKFORCE, ATTAIN CONSUMER SKILLS, INCREASE INVOLVEMENT IN CHILDREN'S EDUCATIONAL ACTIVITIES, INCREASE PRONUNCIATION, INCREASE ORAL COMPREHENSIONS AND FLUENCY, AND OBTAIN CITIZENSHIP. ESL STUDENTS CAN SPEAK ENGLISH AND RELATE THEIR KNOWLEDGE TO OTHERS IN THE COMMUNITY AS WELL AS CONTRIBUTE TO THE LUBBOCK COMMUNITY. IMMIGRANTS WHO ARE ENGLISH PROFICIENT EARN BETWEEN 13%-24% MORE THAN IMMIGRANTS WHO ARE NOT ENGLISH PROFICIENT.ADULT BASIC EDUCATIONBY CAREFULLY MATCHING TRAINED LITERACY VOLUNTEERS WITH ADULTS IN BOTH TUTOR AND ADULT LEARNER PAIRED SETTINGS LITERACY LUBBOCK CAN PROVIDE PERSONALIZED STUDY THROUGH HIGH IMPACT INDIVIDUALIZED LESSONS, BOOKS, AND TRAINING FOR INTERESTED ADULT STUDENTS. IF THE LEARNERS SHOW DYSLEXIC TENDENCIES, WE CAN CUSTOMIZE A PROGRAM USING THE SUSAN BARTON READING PROGRAM. ADULT STUDENTS CAN FILL IN THE MISSING PARTS OF THEIR EDUCATION GIVING THEM AN IMPROVED SELF-IMAGE AND ALLOWING THEM TO SUCCEED WITH THEIR PERSONAL GOALS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $150,187
Program Service Revenue $0
Investment Income $8,527
Other Revenue $2,520
TOTAL REVENUE $161,234

Expense Breakdown

Grants Paid $0
Salaries & Benefits $189,274
Fundraising Expenses $10,500
Program Expenses $231,990
Other Expenses $67,585
TOTAL EXPENSES $256,859

Year-over-Year Comparison

2024 2023 Change
Revenue $161,234 $178,019 -0.1%
Expenses $256,859 $283,752 -0.1%
Net Income $-95,625 $-105,733 -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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
9
Volunteers
106

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
$72,738
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN LOWE PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVE MARCINKOWSKI VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JERRY STODDARD TREASURER 1.00
Officer Director
$0 $0 $0
JOSH SALMANS 724-125 DIRECTOR 1.00
Director
$0 $0 $0
TENA GONZALES DIRECTOR 1.00
Director
$0 $0 $0
LORI BEAN DIRECTOR 1.00
Director
$0 $0 $0
SHERI LEWIS DIRECTOR 1.00
Director
$0 $0 $0
HANNAH STEWART DIRECTOR 1.00
Director
$0 $0 $0
BETH ELDER DIRECTOR 1.00
Director
$0 $0 $0
CRYSTAL MEISTER 125-625 DIRECTOR 1.00
Director
$0 $0 $0
SHANNON MYERS 125-625 DIRECTOR 1.00
Director
$0 $0 $0
JULIE LAUGHLIN EXECUTIVE DIRECTOR 40.00
Officer
$67,768 $4,970 $72,738
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 $161,234 $256,859 $231,863 $-95,625
2024 $178,019 $283,752 $328,677 $-105,733
2023 $259,084 $284,205 $434,630 $-25,121
2022 $284,325 $288,151 $458,490 $-3,826
2021 $289,080 $238,476 $501,457 $50,604
2020 $235,448 $234,089 $448,340 $1,359
2019 $250,236 $206,093 $412,759 $44,143
2018 $264,807 $241,165 $370,332 $23,642
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