AES LITERACY INSTITUTE INCORPORATED

EIN: 833899952 501(c)(3) Education

Dallas, TX

Total Revenue
$277,320
Total Expenses
$239,210
Total Assets
$143,132
Net Assets
$143,132
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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
TX
Principal Officer
Jermaine Cooper
Phone
9728899979
Tax Period
2023-01-01 to 2023-12-31

AES LITERACY INSTITUTE INCORPORATED, founded in 2019, is a small nonprofit in the Education sector that reported $277K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $239K left a modest 14% surplus.

Mission

The mission of AES Literacy Institute is to motivate under-educated underprivileged adult learners to obtain the education and career training necessary to be self-sufficient. We will create clear pathways to new opportunities that help restore dignity and improve quality of life for themselves their families and the community. We offer GED preparation college enrollment and career readiness program designed to assist disadvantaged minority individuals age 17 - 40 in achieving their educational goals by providing comprehensive support in earning a GED certificate enrolling in college and obtaining a living wage job.

Program Service Accomplishments

Program 1
Expenses: $125,751 Revenue: $22,000

Senior Recall is committed to empowering underprivileged minority communities by providing pathways to achieve a high school equivalency diploma like the GED. This program enrolled 143 individuals...

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Senior Recall is committed to empowering underprivileged minority communities by providing pathways to achieve a high school equivalency diploma like the GED. This program enrolled 143 individuals this year with 137 successfully earning their diplomas reflecting a robust 96% passing rate. Our program offers open enrollment year-round with structured cohort sessions held in Spring and Fall. Each session includes comprehensive exam preparation featuring targeted tutoring practice tests and essential exam strategy workshops. We cover all associated costs to remove financial barriers ensuring our services are accessible to those in need. Through Senior Recall we provide a supportive learning environment tailored to individual needs fostering both academic and personal growth. By focusing on comprehensive preparation and accessible education we aim to enhance educational outcomes and economic opportunities for our participants.

Program 2
Expenses: $85,210 Revenue: $61,270

Career Launch+ is a transformative initiative designed to empower disadvantaged individuals aged 17 to 40 by providing pathways to post-secondary enrollment and career placement. With a focus on...

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Career Launch+ is a transformative initiative designed to empower disadvantaged individuals aged 17 to 40 by providing pathways to post-secondary enrollment and career placement. With a focus on underprivileged minority communities this program aims to help participants earn industry-recognized certifications that lead to secure living-wage employment. Operating year-round Career Launch+ offers a comprehensive suite of services tailored to low-income minority individuals. We guide participants through crucial steps in post-secondary enrollment including completing college applications financial aid forms course selection advising and transcript requests. Our programs impact is evident with 95 GED graduates already pursuing higher education demonstrating the effectiveness of our support. By focusing on certifications in high-demand industries we provide tailored training programs that are both relevant and impactful. Career Launch+ combines targeted training mentorship and job placement support ensuring participants are well-prepared for the workforce. 77 of our graduates have successfully secured employment reflecting the programs robust career placement services. Key components include career path exploration online skills training partnerships with training providers and employers mentorship professional development job placement assistance support services an alumni network and ongoing career support. Career Launch+ not only assists in educational advancement but also fosters long-term career sustainability aiding participants in breaking the cycle of poverty and building successful sustainable careers.

Program 3
Expenses: $14,690 Revenue: $9,050

The Test Center is dedicated to providing private proctored exams for GED tests and a variety of industry certifications serving as a vital resource for individuals in Dallas County. Our certified...

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The Test Center is dedicated to providing private proctored exams for GED tests and a variety of industry certifications serving as a vital resource for individuals in Dallas County. Our certified and experienced proctors ensure a professional testing atmosphere assisting both individuals and groups requiring exam facilitation. We take pride in offering a comfortable and secure testing environment equipped with high-speed internet quiet spaces and modern computers. Additionally test preparation materials including practice tests study guides and tutorials are available to enhance the test-taking experience. Operating from Tuesday to Friday 8 AM to 6 PM and Saturday from 10 AM to 4 PM excluding holidays our center prioritizes accessibility and convenience. As an official Pearson VUE Test Center we proctor a range of industry exams including the GED. This year our test center successfully administered over 800 exams demonstrating our commitment to supporting educational and professional advancement in the community. By providing comprehensive proctoring services and preparation resources we aim to create a stress-free optimal experience for all test-takers.

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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 $185,000
Program Service Revenue $92,320
Investment Income $0
Other Revenue $0
TOTAL REVENUE $277,320

Expense Breakdown

Grants Paid $165,700
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $225,651
Other Expenses $73,510
TOTAL EXPENSES $239,210

Year-over-Year Comparison

2023 2022 Change
Revenue $277,320 $311,443 -0.1%
Expenses $239,210 $240,538 0.0%
Net Income $38,110 $70,905 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
17

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
6
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jermaine Cooper President 40.00
Officer
$0 $0 $0
ShaKimberly Cooper Executive Director 40.00
Director
$0 $0 $0
Carolyn Hill Treasurer 20.00
Officer
$0 $0 $0
Bryan Joesph Vice President 10.00
Officer
$0 $0 $0
Djuana Carter Board Member 7.00
Officer
$0 $0 $0
DaKoven Hill Board Member 10.00
Officer
$0 $0 $0
Shateria Lewis Secretary 20.00
Officer
$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
2024 No data No data No data No data
2023 $277,320 $239,210 $143,132 $38,110
2022 $311,443 $240,538 $105,022 $70,905
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