LITERACY COUNCIL OF TYLER DBA PAVE EAST TEXAS (EIN 752359704) - 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

1990

Legal Domicile

Principal Officer

WHITNEY PATTERSON

Phone

9035330330

Tax Period

2024-07-01 to 2025-06-30

LITERACY COUNCIL OF TYLER DBA PAVE EAST TEXAS, founded in 1990, is a community nonprofit in the Education sector that reported $3.7M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

THE ENTITY'S EXEMPT PURPOSE IS TO IMPROVE LITERACY IN THE TYLER AREA AND TO INCREASE AWARENESS OF ILLITERACY AND ITS EFFECTS.

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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 $3,537,939

Program Service Revenue $0

Investment Income $113,766

Other Revenue $12,613

TOTAL REVENUE $3,664,318

Expense Breakdown

Grants Paid $878,261

Salaries & Benefits $1,918,800

Fundraising Expenses $113,441

Program Expenses $3,212,647

Other Expenses $813,588

TOTAL EXPENSES $3,610,649

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,664,318	$3,885,204	-0.1%
Expenses	$3,610,649	$4,074,881	-0.1%
Net Income	$53,669	$-189,677	-1.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

125

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

$118,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WHITNEY PATTERSON	Executive Dir.	40.00	Officer	$117,378	$1,372	$118,750
BECKY STEPH	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
NATHAN KELLEY	EX-OFFICIO	1.00	Director	$0	$0	$0
IKEY EASON	President	1.00	Officer Director	$0	$0	$0
DANIEL GAMEZ	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
MICHELLE BROOKSHIRE	Director	1.00	Director	$0	$0	$0
Dr D M Edwards	Director	1.00	Director	$0	$0	$0
BONNIE RAYFORD	Director	1.00	Director	$0	$0	$0
SMITTEE ROOT	Director	1.00	Director	$0	$0	$0
PAM LISNER	Director	1.00	Director	$0	$0	$0
ESMERALDA MOLINA	Director	1.00	Director	$0	$0	$0
LEAH WANSLEY	Director	1.00	Director	$0	$0	$0
MIKE STARR	Director	1.00	Director	$0	$0	$0
MIKE PATTERSON	Director	1.00	Director	$0	$0	$0
MARGARET PERKINS	Director	1.00	Director	$0	$0	$0
CANDACE PORTER-CONDRY	Director	1.00	Director	$0	$0	$0
SUE SAXENMEYER	Director	1.00	Director	$0	$0	$0
EBB TORRES	Director	1.00	Director	$0	$0	$0
CRISTY ARSCOTT	Director	1.00	Director	$0	$0	$0
TODD BUCHANAN	FINANCE CHAIR	1.00	Officer Director	$0	$0	$0
ASHLEY FEISTEL	Director	1.00	Director	$0	$0	$0
JIM THOMPSON	Director	1.00	Director	$0	$0	$0
GINNY RAGLAND	EX-OFFICIO	1.00	Director	$0	$0	$0
BRENT WALLACE	Director	1.00	Director	$0	$0	$0
IVETTE ZAVARCE	Director	1.00	Director	$0	$0	$0
SANTANA WOOD	MARKETING CHAIR	1.00	Officer 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
2025	$3,664,318	$3,610,649	$3,974,866	$53,669
2024	$3,885,204	$4,074,881	$3,839,887	$-189,677
2023	$3,677,283	$3,698,074	$3,557,205	$-20,791
2022	$3,762,526	$3,232,603	$3,690,720	$529,923
2021	$3,424,770	$3,079,331	$3,977,108	$345,439
2020	$3,016,265	$3,066,667	$3,397,964	$-50,402
2019	$3,056,177	$2,987,145	$3,204,498	$69,032

LITERACY COUNCIL OF TYLER DBA PAVE EAST TEXAS