PORTLAND LITERACY COUNCIL INC (EIN 931155321) - 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

1993

Legal Domicile

Principal Officer

CHERYL THOEN

Phone

5032174041

Tax Period

2025-01-01 to 2025-12-31

PORTLAND LITERACY COUNCIL INC, founded in 1993, is a micro nonprofit that reported $98K in total revenue in fiscal year 2025. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $24K, a strong 24% operating margin.

Mission

THE PORTLAND LITERACY COUNCIL (PLC) SUPPORTS ADULTS LITERACY TO FOSTER A THRIVING AND EQUITABLE COMMUNITY.

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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 $87,038

Program Service Revenue $11,300

Investment Income $2

Other Revenue $0

TOTAL REVENUE $98,340

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $13,292

Program Expenses $33,913

Other Expenses $74,798

TOTAL EXPENSES $74,798

Year-over-Year Comparison

	2025	2024	Change
Revenue	$98,340	$128,612	-0.2%
Expenses	$74,798	$92,431	-0.2%
Net Income	$23,542	$36,181	-0.3%

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

N/A

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

$25,000

Total Directors

$25,475

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETH STEFFES	TREASURER	15.00	Officer Director	$25,000	$0	$25,000
COLLEEN LATIMER	MEMBER AT LA	3.00	Director	$475	$0	$475
HEIDI DRYDEN	MEMBER AT LA	10.00	Director	$0	$0	$0
RACHEL HOLLEY	MEMBER AT LA	2.00	Director	$0	$0	$0
KRIS MAGAURN	SECRETARY	1.00	Officer Director	$0	$0	$0
PEGGY MURPHY	MEMBER AT LA	15.00	Director	$0	$0	$0
HYUN-JIN PARK	MEMBER AT LA	5.00	Director	$0	$0	$0
LINDA ROUNTREE	MEMBER AT LA	8.00	Director	$0	$0	$0
CHERYL THOEN	PRESIDENT	15.00	Officer Director	$0	$0	$0
BARBARA WILLIAMS	VICE PRESIDE	15.00	Officer 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	$98,340	$74,798	$118,755	$23,542
2024	$128,612	$92,431	$106,363	$36,181

PORTLAND LITERACY COUNCIL INC