Literacy Volunteers Of The Montachusett Area Inc
- Assets
- $48.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fitchburg, MA
- Founding
- 06/2005
- Data as of
- 06/2023
- EIN
- 23-7329115
Organization Overview
Literacy Volunteers Of The Montachusett Area Inc is located in Fitchburg, MA. The organization was established in 2005. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Volunteers Of The Montachusett Area 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 Volunteers Of The Montachusett Area Inc generated $69.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $54.1k during the year ending 06/2023. While expenses have increased by 1.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE INCREASED ADULT LITERACY IN THE MONTACHUSETT AREA THROUGH THE USE OF PROFESSIONALLY TRAINED VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Hughes Director | 1 | $0 | |
Anaili Hernandez Director | 1 | $0 | |
Luisa Fernandez Director | 1 | $0 | |
Anne Ndunda Treasurer | 3 | $0 | |
Laura Beauregard President | 4 | $0 | |
Girija Verma Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,582 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,582 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,513 |
| Professional fees and other payments to independent contractors | $4,639 |
| Occupancy, rent, utilities, and maintenance | $12,291 |
| Printing, publications, postage, and shipping | $749 |
| Other expenses | $6,901 |
| Total expenses | $54,093 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,191 |
| Other assets | $0 |
| Total assets | $48,191 |
| Total liabilities | $3,784 |
| Net assets or fund balances | $44,407 |