Kern Literacy Council is located in Bakersfield, CA. The organization was established in 1973. 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 12/2022, Kern Literacy Council employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kern Literacy Council 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 12/2022, Kern Literacy Council generated $644.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $307.8k during the year ending 12/2022. While expenses have increased by 7.1% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MISSION IS TO EMPOWER INDIVIDUALS TO IMPROVE THEIR QUALITY OF LIFE THROUGH LITERACY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
12,882 HOURS OF TUTORING WERE PROVIDED BY VOLUNTEER TUTORS. THE FMV OF THESE HOURS IS $199,671.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Wolfe Past Exec Dir | Officer | 40 | $70,031 |
Ian Anderson Executive Dir. | Officer | 40 | $12,500 |
Dan Klingenberger Member At Large | Trustee | 2 | $0 |
Rita Sluga President | Trustee | 2 | $0 |
Valorie Sill Member At Large | Trustee | 2 | $0 |
Vernon Harper Member At Large | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $20,100 |
All other contributions, gifts, grants, and similar amounts not included above | $535,004 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $555,104 |
Total Program Service Revenue | $908 |
Investment income | $1,823 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$330 |
Net Income from Fundraising Events | $86,251 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $644,069 |
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. | $82,530 |
Compensation of current officers, directors, key employees. | $16,506 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $73,881 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $10,709 |
Payroll taxes | $13,434 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $10,769 |
Advertising and promotion | $0 |
Office expenses | $9,187 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,260 |
Travel | $130 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,314 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,076 |
Insurance | $4,151 |
All other expenses | $14,662 |
Total functional expenses | $307,813 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $88,779 |
Savings and temporary cash investments | $246,424 |
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 | $5,728 |
Prepaid expenses and deferred charges | $43 |
Net Land, buildings, and equipment | $85,227 |
Investments—publicly traded securities | $237,024 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $663,225 |
Accounts payable and accrued expenses | $4,223 |
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 | $4,223 |
Net assets without donor restrictions | $659,002 |
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 | $663,225 |