Literacy Solutions Ny Inc
- Assets
- $464.4k
- Revenue
- $991.2k
- Investments
- $0.0
- Employees
- 34
- Location
- Yonkers, NY
- Founding
- 05/2004
- Data as of
- 06/2023
- EIN
- 13-3224096
Organization Overview
Literacy Solutions Ny Inc is located in Yonkers, NY. 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. As of 06/2023, Literacy Solutions NY Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Solutions NY 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, Literacy Solutions NY Inc generated $991.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $990.8k during the year ending 06/2023. While expenses have increased by 6.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LITERACY SOLUTIONS NY, INC. IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO PROVIDING STUDENT-CENTERED ENGLISH LITERACY SERVICES FOR ADULTS AND ACTING AS A RESOURCE FOR THE ADVANCEMENT OF LITERACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LITERACY SOLUTIONS NY, INC. (LSNY) OPERATES ENGLISH LITERACY PROGRAMS FOR ADULT STUDENTS VIA IN-CLASS INSTRUCTION OR SMALL GROUP TUTORING. OUR TEACHERS ARE TRAINED CERTIFIED PROFESSIONALS, AND OUR TUTORS ARE TRAINED VOLUNTEERS SUPPORTED BY PROFESSIONAL FACULTY ACTING AS ACADEMIC COORDINATORS. ADDITIONALLY,LSNY PROVIDES CASE MANAGEMENT SERVICES TO STUDENTS WHO NEED RESOURCES, INFORMATION OR DIRECTION TO SOLVE VARIOUS LIFE CHALLENGES. ANOTHER AREA OF SERVICE PROVIDED BY LSNY IS CITIZENSHIP PREPARATION SUPPORT. OUR CITIZENSHIP SERVICES PROGRAM PROVIDES LEGAL ASSISTANCE TO ELIGIBLE RESIDENTS SEEKING AMERICAN CITIZENSHIP IN WESTCHESTER AND ROCKLAND COUNTIES IN NEW YORK STATE. LSNY HAS RETURNED TO IN-PERSON INSTRUCTION AND DOES NOT OFFER HYBRID EDUCATIONAL SERVICES. IN FISCAL YEAR 2023, THE ORGANIZATION SERVED OVER 700 STUDENTS WHO WERE REPORTED TO THE NEW YORK STATE EDUCATION DEPARTMENT VIA THE NATIONAL REPORTING SYSTEM. ON AVERAGE, STUDENTS RECEIVED 45 HOURS OF INSTRUCTION, AND LSNY MET OR EXCEEDED ALL TARGETS FOR STUDENT PROGRESS AND ACHIEVEMENT SET BY NYS IN THE CONTRACTS HELD BY LSNY. ADDITIONALLY, LSNY HOLDS THE CONTRACT FOR THE HAVERSTRAW LITERACY ZONE WHICH PROVIDES A RANGE OF INTENSIVE CASE MANAGEMENT SERVICES TO STUDENTS TO REMOVE BARRIERS TO INSTRUCTION AND EMPLOYMENT. REFERRALS ARE GIVEN TO STUDENTS TO HELP THEM DEAL WITH A VARIETY OF ISSUES, I.E. HOUSING, FOOD, INSECURITY, HEALTH ISSUES INCLUDING SUBSTANCE ABUSE, PARENTING ISSUES, CITIZENSHIP PREPARATION AND OTHER REFERRALS TO HELP INDIVIDUALS WITH BARRIERS TO EDUCATION AND EMPLOYMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Rajala Pres/ceo | Officer | 40 | $113,887 |
Michael Levy Board Chair | OfficerTrustee | 1 | $0 |
Susan Thaler Treasurer | OfficerTrustee | 1 | $0 |
Julie Gallanty Director | Trustee | 1 | $0 |
Patricia Vaughan Director | Trustee | 1 | $0 |
Francine Vernon Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $911,627 |
| All other contributions, gifts, grants, and similar amounts not included above | $66,525 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $978,152 |
| Total Program Service Revenue | $13,031 |
| Investment income | $0 |
| 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 | $991,183 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,500 |
| 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. | $112,193 |
| Compensation of current officers, directors, key employees. | $16,829 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $627,022 |
| Pension plan accruals and contributions | $9,658 |
| Other employee benefits | $33,255 |
| Payroll taxes | $62,031 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,614 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $61,532 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,225 |
| Travel | $13,135 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $816 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $845 |
| Insurance | $3,360 |
| All other expenses | $0 |
| Total functional expenses | $990,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204,992 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $156,607 |
| Accounts receivable, net | $130 |
| 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 | $2,967 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $99,728 |
| Total assets | $464,424 |
| Accounts payable and accrued expenses | $22,391 |
| 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 | $124,083 |
| Total liabilities | $146,474 |
| Net assets without donor restrictions | $316,900 |
| Net assets with donor restrictions | $1,050 |
| 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 | $464,424 |