Literacy Volunteers Of Greater Worcester
- Assets
- $180.4k
- Revenue
- $191.2k
- Investments
- $0.0
- Employees
- 20
- Location
- Worcester, MA
- Founding
- 03/2004
- Data as of
- 06/2023
- EIN
- 04-2914294
Organization Overview
Literacy Volunteers Of Greater Worcester, operating under the name Worcester Inc, is located in Worcester, MA. The organization was established in 2004. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 06/2023, Worcester Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worcester 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 06/2023, Worcester Inc generated $191.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $181.8k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SOCIAL AND ECONOMIC EMPOWERMENT THROUGH CULTURALLY COMPASSIONATE ENGLISH LANGUAGE EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 1973, LITERACY VOLUNTEERS OF GREATER WORCESTER HAS PROVIDED THE FREE ENGLISH LANGUAGE EDUCATION NECESSARY FOR ADULT LEARNERS TO THRIVE IN OUR COMMUNITY. TO FULFULL OUR MISSION, LVGW RELIES ON A SMALL STAFF, INCLUDING QUALIFIED ESOL TEACHERS, AND A VAST NETWORK OF TRAINED VOLUNTEERS WHO SERVE AS ONE-TO-ONE ESOL (ENGLISH FOR SPEAKERS OF OTHER LANGUAGES) AND ABE (ADULT BASIC EDUCATION) TUTORS. IN FY23, LVGW'S DEDICATED TEACHERS, TUTORS, AND STAFF DELIVERED 41 ESOL CLASSES AND PROVIDED TUTORING SERVICES TO 566 ADULT LEARNERS FROM 50 COUNTRIES. VIRTUALLY 100% OF LVGW STUDENTS SURVEYED REPORTED THEIR ENGLISH LANGUAGE PROFICIENCY IMPROVED WITH THE HELP OF OUR PROGRAMMING. THIS HAS ALLOWED THEM TO SUCCEED IN THE WORKFORCE AND THRIVE IN OUR COMMUNITY.
LVGW PROVIDES ADULT LITERACY AND ESOL EDUCATION THROUGH ONE-ON-ONE INSTRUCTION AND GROUP CLASSES. DURING THE YEAR, STUDENTS RECEIVED ONE- ON-ONE TUTORING AND ATTENDED ESOL CLASSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vittoria Buerschaper President | OfficerTrustee | 1 | $0 |
Frank Callahan Director | Trustee | 1 | $0 |
Eric Collier Clerk | Trustee | 1 | $0 |
Mitchell Gaumond Director | Trustee | 1 | $0 |
Ilka Kostka Director | Trustee | 1 | $0 |
Laila Mhirig Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $39,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $151,045 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $190,295 |
| Total Program Service Revenue | $0 |
| Investment income | $888 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,183 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,509 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,126 |
| Payroll taxes | $9,167 |
| Fees for services: Management | $20,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,582 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,478 |
| Office expenses | $1,003 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,905 |
| Insurance | $5,284 |
| All other expenses | $2,767 |
| Total functional expenses | $181,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,961 |
| Savings and temporary cash investments | $151,107 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,372 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $180,440 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $180,440 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $180,440 |