Family Literacy Network Inc (EIN 861148833) - 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

2005

Legal Domicile

Principal Officer

Eldo W Bergman

Phone

7137847373

Tax Period

2025-01-01 to 2025-12-31

Family Literacy Network Inc, founded in 2005, is a small nonprofit in the Education sector that reported $306K in total revenue in fiscal year 2025.

Mission

Develop reading skills.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,928

Program Service Revenue $303,794

Investment Income $0

Other Revenue $0

TOTAL REVENUE $305,722

Expense Breakdown

Grants Paid $0

Salaries & Benefits $240,852

Fundraising Expenses $0

Program Expenses $317,305

Other Expenses $84,553

TOTAL EXPENSES $325,405

Year-over-Year Comparison

	2025	2024	Change
Revenue	$305,722	$309,744	0.0%
Expenses	$325,405	$310,147	+0.0%
Net Income	$-19,683	$-403	+47.8%

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

$8,100

Total Directors

$8,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eldo W Bergman	Director	20.00	Officer Director	$8,100	$0	$8,100
Alexander Marcotte	Director	10.00	Director	$0	$0	$0
Lee Ann Kinzler	Director	10.00	Director	$0	$0	$0
Mark Oathout	Director	10.00	Director	$0	$0	$0
Philip A Bergman	Director	60.00	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	$305,722	$325,405	$12,529	$-19,683
2024	$309,744	$310,147	$34,367	$-403
2023	$269,934	$273,092	$33,083	$-3,158
2022	$272,333	$262,890	$37,299	$9,443
2021	$310,534	$228,161	$26,393	$82,373
2020	$173,597	$238,091	$132,171	$-64,494
2019	$321,330	$310,362	$21,805	$10,968
2018	$251,299	$275,805	$15,462	$-24,506

Family Literacy Network Inc