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 Vulnerability Assessment (Tuckman-Chang)

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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.

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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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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
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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