LITERACY COALITION OF CENTRAL TEXAS

EIN: 800078300 501(c)(3) Education

AUSTIN, TX

Total Revenue
$795,589
Total Expenses
$800,115
Total Assets
$242,095
Net Assets
$80,168
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
TX
Principal Officer
SETH WINICK
Phone
5123268655
Tax Period
2023-08-01 to 2024-07-31

LITERACY COALITION OF CENTRAL TEXAS, founded in 2001, is a small nonprofit in the Education sector that reported $796K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring.

Mission

THE LITERACY COALITION OF CENTRAL TEXAS (LCCT) IS A NON-PROFIT ORGANIZATION WITH A MISSION TO TRANSFORM THE LIVES OF ADULTS BY PROVIDING ACCESSIBLE EDUCATION SERVICES AND OPPORTUNITIES FOR ECONOMIC ADVANCEMENT. IT WAS FOUNDED IN 2001 BY A NETWORK OF LITERACY PROVIDERS AND COMMUNITY LEADERS TO ENSURE CENTRAL TEXAS INDIVIDUALS AND FAMILIES HAVE THE SKILLS TO REACH THEIR FULL POTENTIAL. NOW 67 MEMBERS STRONG, WE EMBED HIGH-QUALITY PROGRAMMING IN THE BUSINESS AND NONPROFIT SECTORS TO HELP STRENGTHEN THE WORKFORCE, BOLSTER NONPROFIT PROGRAMS, INCREASE LITERACY, AND BUILD STRONGER COMMUNITIES.LITERACY COALITION OF CENTRAL TEXAS PROVIDES THE FOLLOWING PROGRAMS THROUGH DIRECT SERVICE AND OUR PARTNERSHIPS TO APPROX. 1200 UNDUPLICATED CHILDREN/ADULTS ANNUALLY (APPROX. 98% NON-WHITE, APPROX. 90% LOW-INCOME, AND APPROX. 40% SELF-REPORTING AS VICTIMS OF VIOLENT CRIMES).

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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 (2023)

Revenue Breakdown

Contributions & Grants $795,539
Program Service Revenue $0
Investment Income $0
Other Revenue $50
TOTAL REVENUE $795,589

Expense Breakdown

Grants Paid $89,819
Salaries & Benefits $630,917
Fundraising Expenses $31,979
Program Expenses $757,692
Other Expenses $79,379
TOTAL EXPENSES $800,115

Year-over-Year Comparison

2023 2022 Change
Revenue $795,589 $1,867,978 -0.6%
Expenses $800,115 $1,933,621 -0.6%
Net Income $-4,526 $-65,643 -0.9%
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
9
Independent Members
9
Employees
45
Volunteers
9

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
5
$91,644
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN LAUER BOARD MEMBER 8.00
Director
$0 $0 $0
SETH WINICK BOARD CHAIR 8.00
Officer Director
$0 $0 $0
JEFF PINSKER BOARD MEMBER 8.00
Director
$0 $0 $0
JOEL CARRILLO-JACQUES BOARD MEMBER 8.00
Director
$0 $0 $0
TIFFANY FERNANDEZ BOARD SECRETARY 8.00
Officer Director
$0 $0 $0
FRANCISCO SACASA BOARD MEMBER 8.00
Director
$0 $0 $0
AMY BROWN BOARD VICE-CHAIR 8.00
Officer Director
$0 $0 $0
TIM CAPERTON BOARD FINANCE CHAIR 8.00
Officer Director
$0 $0 $0
SHELLY CRUZ BOARD MEMBER 8.00
Director
$0 $0 $0
LISA STEWART CEO 40.00
Officer
$84,498 $7,146 $91,644
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 $795,589 $800,115 $242,095 $-4,526
2023 $1,867,978 $1,933,621 $229,142 $-65,643
2022 $2,261,589 $2,592,265 $545,488 $-330,676
2021 $2,233,643 $2,514,909 $629,691 $-281,266
2020 $3,164,505 $2,896,024 $1,058,829 $268,481
2019 $2,911,558 $2,795,300 $521,134 $116,258
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