LITERACY SOURCE A COMMUNITY LEARNING CENTER (EIN 912101208) - 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

2002

Legal Domicile

Principal Officer

SHIRA ROSEN

Phone

2067822050

Tax Period

2024-07-01 to 2025-06-30

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.

Mission

LITERACY SOURCE PROVIDES ACCESSIBLE, HIGH-QUALITY FOUNDATIONAL EDUCATION FOR ADULTS TO CREATE LASTING OPPORTUNITIES FOR THEMSELVES, THEIR FAMILIES, AND THEIR COMMUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,161,905

Program Service Revenue $79,793

Investment Income $17,181

Other Revenue $241

TOTAL REVENUE $2,259,120

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,281,880

Fundraising Expenses $237,855

Program Expenses $1,225,640

Other Expenses $362,839

TOTAL EXPENSES $1,669,447

Year-over-Year Comparison

	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%

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

148

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

$172,713

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

LITERACY SOURCE A COMMUNITY LEARNING CENTER