LITERACY PROJECT EC VOLUNTEERS FOR LITERACY (EIN 841149543) - 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

WENDI HANLON

Tax Period

2023-01-01 to 2023-12-31

LITERACY PROJECT EC VOLUNTEERS FOR LITERACY, founded in 1990, is a small nonprofit in the Education sector that reported $336K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $303K left a modest 10% surplus.

Mission

PROVIDE FREE LITERACY EDUCATION TO RESIDENTS OF EAGLE COUNTY, CO WHO ARE NOT BEING SERVED BY OTHER PROGRAMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $267,377

Program Service Revenue $0

Investment Income $11,972

Other Revenue $56,719

TOTAL REVENUE $336,068

Expense Breakdown

Grants Paid $0

Salaries & Benefits $269,040

Fundraising Expenses $35,120

Program Expenses $132,905

Other Expenses $33,827

TOTAL EXPENSES $302,867

Year-over-Year Comparison

	2023	2022	Change
Revenue	$336,068	$249,271	+0.3%
Expenses	$302,867	$279,470	+0.1%
Net Income	$33,201	$-30,199	-2.1%

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

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN NESTOR	DIRECTOR	2.00	Director	$0	$0	$0
NANCY SHANE	DIRECTOR	2.00	Director	$0	$0	$0
SOPHIE VAN DYKE	DIRECTOR	2.00	Director	$0	$0	$0
AMY GORNIKIEWICZ	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH OWENS	DIRECTOR	2.00	Officer Director	$0	$0	$0
MELANIE DENNIS	SECRETARY	2.00	Officer Director	$0	$0	$0
ADINA DEAN	TREASURER	5.00	Officer Director	$0	$0	$0
WENDI HANLON	PRESIDENT	2.00	Officer Director	$0	$0	$0
COLLEEN GRAY	EXECUTIVE DIRECTOR	40.00	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	$336,068	$302,867	$337,383	$33,201
2022	$249,271	$279,470	$313,427	$-30,199
2021	$271,070	$254,037	$341,056	$17,033
2020	$346,378	$259,322	$322,137	$87,056
2019	$306,259	$291,464	$239,773	$14,795
2018	$283,196	$210,179	$220,329	$73,017

LITERACY PROJECT EC VOLUNTEERS FOR LITERACY