PEAK LITERACY INC (EIN 853896568) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

Leah Galione

Phone

3522343172

Tax Period

2024-01-01 to 2024-12-31

PEAK LITERACY INC, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $205K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

Our mission is to prepare young readers for personal and collective success through consistent one-to-one reading instruction provided by competent and nurturing volunteers.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $184,197

Program Service Revenue $21,242

Investment Income $0

Other Revenue $0

TOTAL REVENUE $205,439

Expense Breakdown

Grants Paid $38,400

Salaries & Benefits $96,872

Fundraising Expenses $32,869

Program Expenses $163,945

Other Expenses $77,714

TOTAL EXPENSES $212,986

Year-over-Year Comparison

	2024	2023	Change
Revenue	$205,439	$164,141	+0.3%
Expenses	$212,986	$94,320	+1.3%
Net Income	$-7,547	$69,821	-1.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$67,319

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Leah Galione	Executive Director	40	Key Emp Highest	$67,319	$0	$67,319
Brent Henderson	President	8	Officer Director	$0	$0	$0
Giancarlo Victorero	Treasurer	5	Officer Director	$0	$0	$0
Jacob Larson	Board Member	1	Director	$0	$0	$0
Tom Benton	Board Member	2	Director	$0	$0	$0
Vincent Hampton	Board Member	2	Director	$0	$0	$0
Carjamine Scott	Board Member	2	Director	$0	$0	$0
Yolanda Hagley	Secretary	2	Officer Director	$0	$0	$0
Leah Do	Board Member	2	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	No data	No data	No data	No data
2024	$205,439	$212,986	$74,780	$-7,547
2023	$164,141	$94,320	$74,839	$69,821

PEAK LITERACY INC