Literacy Volunteers Of The Tri-Community Inc
- Assets
- $78.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southbridge, MA
- Founding
- 10/2004
- Data as of
- 06/2022
- EIN
- 02-0725620
Organization Overview
Literacy Volunteers Of The Tri-Community Inc is located in Southbridge, MA. The organization was established in 2004. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Volunteers Of The Tri-Community Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Literacy Volunteers Of The Tri-Community Inc generated $101.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $80.0k during the year ending 06/2022. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING FREE LITERACY ASSISTANCE TO ADULT RESIDENTS OF SOUTH CENTRAL MASSACHUSETTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lou-Ellen Corkum Secretary | 4 | $4,663 | |
Malgorzata Kicilinska Clerk | 1 | $0 | |
Yolanda Alvarado President | 1 | $0 | |
Mela Dutka Director | 1 | $0 | |
Martha Burbridge Treasurer | 1 | $0 | |
Michael Checkosky Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,997 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $42 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,039 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,197 |
| Professional fees and other payments to independent contractors | $3,115 |
| Occupancy, rent, utilities, and maintenance | $27,881 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,798 |
| Total expenses | $79,991 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,581 |
| Other assets | $0 |
| Total assets | $78,581 |
| Total liabilities | $1,170 |
| Net assets or fund balances | $77,411 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Literacy Volunteers Of The Tri-Community Inc has recieved totaling $20,250.
| Awarding Organization | Amount |
|---|---|
United Way Of South Central Massachusetts Inc Southbridge, MA PURPOSE: GENERAL OPERATIONS | $10,250 |
Greater Worcester Community Foundation Inc Worcester, MA PURPOSE: ESOL AND BASIC LITERACY TUTORING PROGRAM | $10,000 |
Peer Organizations
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|---|---|---|
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More Than Words Inc Boston, MA | $15,091,779 | $6,459,719 |
West Bay Collaborative Inc Warwick, RI | $2,617,303 | $5,710,370 |
Leading Edge Alliance Inc New York, NY | $10,397,327 | $8,264,467 |
Nashua Adult Learning Center Inc Nashua, NH | $5,002,850 | $5,676,963 |
Vermont Adult Learning Inc Waitsfield, VT | $1,289,780 | $4,391,996 |
Connecticut Center For Arts & Technology Inc New Haven, CT | $3,075,426 | $11,576,748 |
Read To Lead Inc New York, NY | $3,901,385 | $3,177,958 |
Foundation For Civic Leadership Inc Cambridge, MA | $2,419,879 | $3,718,020 |