Literacy Volunteers Of Greater Hartford
- Assets
- $1.1m
- Revenue
- $617.3k
- Investments
- $460.0k
- Employees
- 13
- Location
- Hartford, CT
- Founding
- 08/1999
- Data as of
- 06/2020
- EIN
- 23-7237570
Organization Overview
Literacy Volunteers Of Greater Hartford is located in Hartford, CT. The organization was established in 1999. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2021, Literacy Volunteers Of Greater Hartford employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Volunteers Of Greater Hartford 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 06/2020, Literacy Volunteers Of Greater Hartford generated $617.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $754.3k during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
LITERACY VOLUNTEERS OF GREATER HARTFORD (LVGH) TEACHES ADULTS TO READ, WRITE AND SPEAK ENGLISH IN ORDER TO IMPROVE THEIR LIVES AND ENHANCE THEIR ROLES WITHIN THEIR FAMILY AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACH ENGLISH LITERACY SKILLS (BASIC LITERACY AND ENGLISH TO SPEAKERS OF OTHER LANGUAGES), MATH AND COMPUTER LITERACY, AND CITIZENSHIP SKILLS TO ADULTS WHO PERFORM BELOW LEVEL 3 ON THE NALS (NATIONAL ADULT LITERACY SURVEY). RECRUIT, TRAIN AND SUPERVISE VOLUNTEERS TO TEACH CITIZENSHIP, ENGLISH, MATH, AND COMPUTER LITERACY SKILLS.
TEACH ENGLISH LITERACY SKILLS (BASIC LITERACY AND ENGLISH TO SPEAKERS OF OTHER LANGUAGES), MATH AND COMPUTER LITERACY, AND CITIZENSHIP SKILLS TO ADULTS WHO PERFORM BELOW LEVEL 3 ON THE NALS (NATIONAL ADULT LITERACY SURVEY). RECRUIT, TRAIN AND SUPERVISE VOLUNTEERS TO TEACH CITIZENSHIP, ENGLISH, MATH, AND COMPUTER LITERACY SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Hauss Executive Director | Officer | 40 | $61,134 |
Jared Chase Chair | OfficerTrustee | 1 | $0 |
Neha Pande Treasurer | OfficerTrustee | 1 | $0 |
Christine Williams Secretary | OfficerTrustee | 1 | $0 |
Marybeth Cardin Director | Trustee | 1 | $0 |
Trish Hesslein Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $612,719 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $365 |
| 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 | $617,283 |
| Statement of Expenses | |
|---|---|
| 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. | $74,859 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $461,552 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $923 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $102,216 |
| 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 | $6,424 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $754,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $551,843 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $103,162 |
| 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 | $8,046 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $460,005 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,135,943 |
| Accounts payable and accrued expenses | $52,573 |
| 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 | $110,000 |
| Total liabilities | $162,573 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $973,370 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Literacy Volunteers Of Greater Hartford has recieved totaling $10,102.
| Awarding Organization | Amount |
|---|---|
Farmington Bank Community Foundation Inc Hartford, CT PURPOSE: ADULT LITERACY AND JOB TRAINING | $10,000 |
Farmington Bank Community Foundation Inc Hartford, CT PURPOSE: BOARD/EMPLOYEE MATCH | $102 |
Endowment Analysis
| Beg. Balance | $499,730 |
| Ending Balance | $499,730 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Practising Law Institute New York, NY | $169,437,578 | $109,173,484 |
Bellwether Education Partners Inc Sudbury, MA | $12,819,060 | $18,147,451 |
Workforce Development Institute Inc Albany, NY | $2,796,326 | $10,204,057 |
Vhs Inc Maynard, MA | $2,159,485 | $7,029,751 |
United For Respect Education Fund Brooklyn, NY | $7,552,270 | $7,410,651 |
1st Street Foundation Inc Brooklyn, NY | $4,623,074 | $8,726,760 |
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 |
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 |