SEATTLE, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LITERACY SOURCE A COMMUNITY LEARNING CENTER, founded in 2002, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $590K, a strong 26% operating margin.
LITERACY SOURCE PROVIDES ACCESSIBLE, HIGH-QUALITY FOUNDATIONAL EDUCATION FOR ADULTS TO CREATE LASTING OPPORTUNITIES FOR THEMSELVES, THEIR FAMILIES, AND THEIR COMMUNITIES. OUR VISION IS THAT ALL ADULTS IN KING COUNTY HAVE LITERACY SKILLS TO CREATE GENERATIONAL CHANGE.LITERACY SOURCE SERVES LOW-INCOME, UNIQUE-NEEDS STUDENTS WHO MAY NEED MORE FLEXIBLE SCHEDULING, INDIVIDUALIZED INSTRUCTION, AND/OR ONGOING SUPPORT AND GUIDANCE TO SUCCEED. ALTHOUGH WE PROVIDE A FULL RANGE OF ADULT BASIC EDUCATION CLASSES, FROM BEGINNING LITERACY TO ENGLISH AND MATH THROUGH GED, OUR NICHE IS PROVIDING SUPPORTIVE, LEARNER-CENTERED INSTRUCTION TO ADULTS (AGES 18-90) WITH LITTLE FORMAL EDUCATION IN THEIR FIRST LANGUAGE. WE ALSO SUPPORT PEOPLE IN GETTING THEIR CITIZENSHIP. OUR STUDENT POPULATION IS DIVERSE, REPRESENTING OVER 50 COUNTRIES AND 60 DIFFERENT NATIVE LANGUAGES.
LAKE CITY LEARNING CENTER ADULT BASIC EDUCATION AND SUPPORT: SMALL GROUP CLASSES AND ONE-ON-ONE TUTORING IN ENGLISH LANGUAGE, CITIZENSHIP EDUCATION, READING, WRITING , MATH, GED COMPLETION AND...
LAKE CITY LEARNING CENTER ADULT BASIC EDUCATION AND SUPPORT: SMALL GROUP CLASSES AND ONE-ON-ONE TUTORING IN ENGLISH LANGUAGE, CITIZENSHIP EDUCATION, READING, WRITING , MATH, GED COMPLETION AND COMPUTER SKILLS INSTRUCTION PROVIDED BY STAFF AND TRAINED VOLUNTEERS FOR LOW-LITERACY ADULTS AND ENGLISH LANGUAGE LEARNERS IN PREPARATION FOR FAMILY, COMMUNITY AND WORK RESPONSIBILITIES. OUR LEARNERS RANGE IN AGE FROM 19-89, SPEAK 63 LANGUAGES AND REPRESENT 58 NATIONS. OUR STUDENTS FACE GREAT CHALLENGES AND STRIVE FOR SUCCESS AGAINST TREMENDOUS ODDS, BUT ALL SHARE ONE COMMON ELEMENT - THE DESIRE TO LEARN, TO ACHIEVE AND TO LIVE A BETTER LIFE.
COMMUNITY CLASSES: IN ADDITIONAL TO OFFERING CLASSES AT OUR MAIN LEARNING CENTER IN LAKE CITY, WE PARTNER WITH LOCAL GOVERNMENTS AND COMMUNITY PARTNERS TO PROVIDE ENGLISH LANGUAGE INSTRUCTION AT A...
COMMUNITY CLASSES: IN ADDITIONAL TO OFFERING CLASSES AT OUR MAIN LEARNING CENTER IN LAKE CITY, WE PARTNER WITH LOCAL GOVERNMENTS AND COMMUNITY PARTNERS TO PROVIDE ENGLISH LANGUAGE INSTRUCTION AT A VARIETY OF LOCATIONS IN THE COMMUNITY INCLUDING:- READY TO WORK SOUTH: LITERACY SOURCE PARTNERS WITH THE CITY OF SEATTLE AND ASIAN COUNSELING AND REFERRAL SERVICE TO PROVIDE TWO ESOL CLASSES FOCUSED ON WORK READINESS IN SEATTLE'S RAINIER VALLEY.- READY TO WORK WEST: LITERACY SOURCE PARTNERS WITH THE CITY OF SEATTLE AND NEIGHBORHOOD HOUSE HIGH POINT TO PROVIDE AN ESOL CLASS FOCUSED ON WORK READINESS IN WEST SEATTLE.- LIBRARY TALK TIMES: LITERACY SOURCE PARTNERS WITH THE CITY OF SEATTLE TO OFFER CONVERSATION CLASSES ON A DROP-IN BASIS AT 3 DIFFERENT LIBRARIES IN SEATTLE.
WORKPLACE CLASSES: LITERACY SOURCE PARTNERS WITH EMPLOYERS AND UNIONS TO PROVIDE ON-SITE CONTEXTUALIZED CLASSES THAT FOCUS ON HELPING EMPLOYEES WITH ENGLISH LANGUAGE AND/OR DIGITAL LITERACY SKILLS...
WORKPLACE CLASSES: LITERACY SOURCE PARTNERS WITH EMPLOYERS AND UNIONS TO PROVIDE ON-SITE CONTEXTUALIZED CLASSES THAT FOCUS ON HELPING EMPLOYEES WITH ENGLISH LANGUAGE AND/OR DIGITAL LITERACY SKILLS NEEDED TO SUCCEED AND ADVANCE IN THE WORKPLACE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,259,120 | $1,472,276 | +0.5% |
| Expenses | $1,669,447 | $1,408,614 | +0.2% |
| Net Income | $589,673 | $63,662 | +8.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARIAN DAYAO | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAOLO SY | VICE CHAIR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MORGAN HELLAR | TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK ANTONE | SECRETARY | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| JENNIFER CIARVELLA | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| DANIEL DITTRICK | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| ANALISA JOOS | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| VAL MELIKHOVA | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| AISWARYA SASIDHARAN | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| NEELAM SABOO | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| JULIETA SANCHEZ | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| JEFFERY WELLS | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| SARAH C HOWELL | CO-EXEC DIRECTOR | 35.00 |
Officer
|
$81,173 | $4,231 | $85,404 |
| SHIRA ROSEN | CO-EXEC DIRECTOR | 35.00 |
Officer
|
$78,713 | $8,596 | $87,309 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,259,120 | $1,669,447 | $2,758,830 | $589,673 |
| 2024 | No data | No data | No data | No data |
| 2023 | $1,389,759 | $1,331,373 | $938,768 | $58,386 |
| 2022 | $1,195,880 | $1,131,168 | $629,247 | $64,712 |
| 2021 | $1,208,747 | $1,141,172 | $581,873 | $67,575 |
| 2020 | $1,149,770 | $1,107,704 | $670,424 | $42,066 |
| 2019 | $1,008,680 | $1,051,376 | $481,363 | $-42,696 |
| 2018 | $969,134 | $931,362 | $524,737 | $37,772 |
Compare LITERACY SOURCE A COMMUNITY LEARNING CENTER with other nonprofits in Washington and across the country.