Literacy Connections Hudson Valley Inc
- Assets
- $536.1k
- Revenue
- $330.7k
- Investments
- $0.0
- Employees
- 12
- Location
- Poughkeepsie, NY
- Founding
- 05/2006
- Data as of
- 06/2022
- EIN
- 14-1710952
Organization Overview
Literacy Connections Hudson Valley Inc is located in Poughkeepsie, NY. The organization was established in 2006. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Literacy Connections Hudson Valley Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Connections Hudson Valley 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 Connections Hudson Valley Inc generated $330.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $377.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Literacy Connections Hudson Valley Inc has awarded 13 individual grants totaling $521,979. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PURPOSE IS TO PROMOTE LITERACY THROUGHOUT DUTCHESS COUNTY BY PROVIDING TUTORING AND AID TO THE FUNCTIONALLY ILLITERATE OR TO THOSE WHO HAVE LIMITED PROFICIENCY IN ENGLISH. THE ORGANIZATION ALSO TRAINS AND SUPPORTS INDIVIDUALS AND OTHER GROUPS AND ORGANIZATIONS WISHING TO VOLUNTEER THEIR SERVICES TO INCREASE LITERACY IN DUTCHESS, GREENE, ORANGE AND COLUMBIA COUNTIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PURPOSE IS TO PROMOTE LITERACY THROUGHOUT DUTCHESS COUNTY BY PROVIDING TUTORING AND AID TO THE FUNCTIONALLY ILLITERATE OR TO THOSE WHO HAVE LIMITED PROFICIENCY IN ENGLISH. THE ORGANIZATION ALSO TRAINS AND SUPPORTS INDIVIDUALS AND OTHER GROUPS AND ORGANIZATIONS WISHING TO VOLUNTEER THEIR SERVICES TO INCREASE LITERACY IN DUTCHESS, GREENE, ORANGE AND COLUMBIA COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marisol Rodriguez Executive Di | Officer | 35 | $61,205 |
Robin M Green Secretary | OfficerTrustee | 1 | $0 |
Valerie Gropper Vice Preside | OfficerTrustee | 1 | $0 |
Bryan G Schneider President | OfficerTrustee | 1 | $0 |
Greg M Crispell Treasurer | OfficerTrustee | 1 | $0 |
Aaron Joseph Kleinmann Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $165,624 |
| All other contributions, gifts, grants, and similar amounts not included above | $155,296 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $320,920 |
| Total Program Service Revenue | $0 |
| Investment income | $6,934 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,559 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $330,666 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $57,836 |
| 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. | $62,000 |
| Compensation of current officers, directors, key employees. | $10,382 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $141,292 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,943 |
| Payroll taxes | $462 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,564 |
| Advertising and promotion | $891 |
| Office expenses | $7,878 |
| Information technology | $3,375 |
| Royalties | $0 |
| Occupancy | $49,882 |
| Travel | $361 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $148 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $591 |
| Insurance | $3,389 |
| All other expenses | $0 |
| Total functional expenses | $377,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,543 |
| Savings and temporary cash investments | $318,414 |
| Pledges and grants receivable | $22,119 |
| 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 | $4,538 |
| Net Land, buildings, and equipment | $1,992 |
| Investments—publicly traded securities | $125,456 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $536,062 |
| Accounts payable and accrued expenses | $23,755 |
| 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 | $23,755 |
| Net assets without donor restrictions | $497,290 |
| Net assets with donor restrictions | $15,017 |
| 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 | $536,062 |
Grants Awarded
Over the last fiscal year, Literacy Connections Hudson Valley Inc has awarded $57,836 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Kingston, NY PURPOSE: ADULT EDUCATION | $34,893 |
Monticello, NY PURPOSE: ADULT EDUCATION | $22,943 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Literacy Connections Hudson Valley Inc has recieved totaling $213,025.
| Awarding Organization | Amount |
|---|---|
Dyson Foundation Millbrook, NY PURPOSE: FOR GENERAL OPERATING SUPPORT. | $75,000 |
Dyson Foundation Millbrook, NY PURPOSE: FOR GENERAL OPERATING SUPPORT. | $75,000 |
Evelyn M@davies Charitable Trust Poughkeepsie, NY PURPOSE: LITERARY ADVANCEMENT | $20,000 |
United Way Of The Dutchess-Orange Region Inc Poughkeepsie, NY PURPOSE: EDUCATION | $20,000 |
Dyson Foundation Millbrook, NY PURPOSE: FOR GENERAL OPERATING SUPPORT. | $10,000 |
Dollar General Literacy Foundation Goodlettsville, TN PURPOSE: ADULT LITERACY | $7,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Braverhood Ltd Brooklyn, NY | $56,044,966 | $113,467,057 |
Chevron Phillips Chemical Co Lp Health & Benefit Tr Veba Pittsburgh, PA | $15,880,618 | $77,964,861 |
Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Inspirittec Inc Philadelphia, PA | $65,630,872 | $75,964,924 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Pennsylvania Virtual Charter School King Of Prussia, PA | $24,898,829 | $49,068,085 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
Lifesteps Inc Butler, PA | $25,871,848 | $32,536,752 |