Literacy Network Of South Berkshire Inc
- Assets
- $618.5k
- Revenue
- $296.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Lee, MA
- Founding
- 02/1995
- Data as of
- 12/2023
- EIN
- 04-3252289
Organization Overview
Literacy Network Of South Berkshire Inc is located in Lee, MA. The organization was established in 1995. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2023, Literacy Network Of South Berkshire Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Network Of South Berkshire 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 12/2023, Literacy Network Of South Berkshire Inc generated $296.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $367.6k during the year ending 12/2023. While expenses have increased by 10.5% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM THE LIVES OF ADULT LEARNERS, BOTH IMMIGRANT AND U.S.-BORN, THROUGH THE POWER OF LITERACY, EDUCATION, AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LITERACY NETWORK (LITNET) HAS BEEN PROVIDING FREE, ONE-ON-ONE TUTORING SESSIONS FOR ADULTS SINCE 1991. OUR CURRICULUM OFFERS ENGLISH FOR SPEAKERS OF OTHER LANGUAGES (ESOL), CITIZENSHIP TEST PREPARATION, HISET TEST PREPARATION, AND ADULT BASIC EDUCATION TO BETTER SERVE THE LARGE POPULATION OF IMMIGRANTS WHO LIVE AND WORK IN BERKSHIRE COUNTY. BY PROVIDING FUNDAMENTAL EDUCATIONAL SUPPORT, LITNET STRIVES TO GIVE OUR ADULT LEARNERS THE TOOLS THEY NEED TO SUCCEED IN THEIR JOBS, SUPPORT THEIR FAMILIES, AND ENGAGE WITH THEIR LOCAL COMMUNITIES. IN 2023, LITNET SERVED A TOTAL OF 330 LEARNERS IN ITS ONE-ON-ONE TUTORING PROGRAMS. TUTORS REPORTED MORE THAN 100 SPECIFIC INCIDENTS THAT SHOWED EVIDENCE OF LEARNER PROGRESS IN ENGLISH SPEAKING, COMPREHENSION, READING, OR WRITING. THIRTEEN LEARNERS BECAME U.S. CITIZENS, ALL OF WHOM WERE RECIPIENTS OF THE MATTHEW AND HANNAH KEATOR FAMILY SCHOLARHIP FOR NEW AMERICANS, AND 25 LEARNERS GOT NEW JOBS OR ADVANCED IN THEIR CAREERS. IN 2023 LITNET HAS SUPPORTED ABOUT 185 ACTIVE LEARNER-TUTOR PAIRS EACH MONTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leigh Doherty Executive Di | Officer | 40 | $91,966 |
Merle Duskin Kailas President | OfficerTrustee | 8 | $0 |
John Reynolds Vice Preside | OfficerTrustee | 8 | $0 |
Camilo Manrique Treasurer | OfficerTrustee | 8 | $0 |
Leslie Murray Clerk | OfficerTrustee | 8 | $0 |
George Ambriz Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $77,979 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $167,759 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $245,738 |
| Total Program Service Revenue | $0 |
| Investment income | $26,106 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,422 |
| Net Income from Fundraising Events | $21,813 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $296,079 |
| 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. | $91,966 |
| Compensation of current officers, directors, key employees. | $18,393 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $106,020 |
| Pension plan accruals and contributions | $5,428 |
| Other employee benefits | $15,171 |
| Payroll taxes | $16,357 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,750 |
| Fees for services: Other | $11,154 |
| Advertising and promotion | $9,070 |
| Office expenses | $4,417 |
| Information technology | $7,471 |
| Royalties | $0 |
| Occupancy | $23,699 |
| 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 | $1,417 |
| Insurance | $2,892 |
| All other expenses | $3,784 |
| Total functional expenses | $367,603 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,996 |
| Savings and temporary cash investments | $35,060 |
| Pledges and grants receivable | $5,000 |
| 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 | $2,720 |
| Net Land, buildings, and equipment | $7,083 |
| Investments—publicly traded securities | $483,612 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $618,471 |
| Accounts payable and accrued expenses | $16,680 |
| 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 | $472 |
| Total liabilities | $17,152 |
| Net assets without donor restrictions | $558,869 |
| Net assets with donor restrictions | $42,450 |
| 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 | $618,471 |