Literacy Volunteers Of Rensselaer County
- Assets
- $206.7k
- Revenue
- $342.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Troy, NY
- Founding
- 02/2004
- Data as of
- 06/2022
- EIN
- 23-7330119
Organization Overview
Literacy Volunteers Of Rensselaer County is located in Troy, NY. The organization was established in 2004. 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 06/2022, Literacy Volunteers Of Rensselaer County employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Volunteers Of Rensselaer County 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 Volunteers Of Rensselaer County generated $342.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $304.0k during the year ending 06/2022. While expenses have increased by 0.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE TEACH PEOPLE TO READ, WRITE AND SPEAK ENGLISH. WE EMPOWER OUR STUDENTS TO BE ADVOCATES FOR THEMSELVES AND WE EDUCATE THE LARGER COMMUNITY ABOUT LITERACY ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TUTORING IN READING, WRITING, AND ENGLISH LANGUAGE TO INDIVIDUALS AND SMALL GROUPS FOR APPROXIMATELY 2 HOURS PER WEEK PER STUDENT. OTHER SERVICES INCLUDE 4 TO 6 HOURS PER WEEK OF ESOL INSTRUCTION; 300 HOURS OF INSTRUCTION IN ENGLISH LITERACY CIVICS; 300 HOURS IN ELS, SEWING AND WORKPLACE SKILLS; 100 HOURS OF INSTRUCTION IN ELS AND WORKPLACE LITERACY SKILLS AT WORK SITES; 30 MINUTE SESSIONS OF VOLUNTEERS WITH CHILDREN ARE PERFORMED EACH WEEK. MENTORS FROM BUSINESS MEET WEEKLY WITH ELEMENTARY SCHOOL CHILDREN AS POSITIVE READING ROLE MODELS. VOLUNTEERS ASSIST ENGLISH LANGUAGE LEARNING STUDENTS VIA PHONE FOR 30 MINUTE SESSIONS WEEKLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shay Harrison Treasurer | OfficerTrustee | 2 | $0 |
Christina Ryzner Vice Preside | OfficerTrustee | 2 | $0 |
Laura Salkowe President | OfficerTrustee | 2 | $0 |
Susan D'oelsnitz Secretary | OfficerTrustee | 2 | $0 |
Joy Milne Director | Trustee | 2 | $0 |
Emily Mercrio Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $314 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $150,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $150,805 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $301,119 |
| Total Program Service Revenue | $0 |
| Investment income | $18 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $41,057 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $342,194 |
| 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. | $59,892 |
| Compensation of current officers, directors, key employees. | $3,594 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,734 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,767 |
| 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 | $22,002 |
| Advertising and promotion | $0 |
| Office expenses | $1,463 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,800 |
| Travel | $1,304 |
| 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 | $2,030 |
| Insurance | $3,859 |
| All other expenses | $769 |
| Total functional expenses | $303,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,307 |
| Savings and temporary cash investments | $139,579 |
| Pledges and grants receivable | $26,000 |
| 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 | $2,362 |
| Net Land, buildings, and equipment | $7,443 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $206,691 |
| Accounts payable and accrued expenses | $7,905 |
| Grants payable | $21,083 |
| Deferred revenue | $24,740 |
| 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 | $53,728 |
| Net assets without donor restrictions | $152,963 |
| 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 | $206,691 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Literacy Volunteers Of Rensselaer County has recieved totaling $20,404.
| Awarding Organization | Amount |
|---|---|
Cohoes Savings Foundation Inc Ballston Spa, NY PURPOSE: TUTORING ADULTS. | $7,500 |
Mccarthy Charities Inc Troy, NY PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Mccarthy Charities Inc Troy, NY PURPOSE: GENERAL OPERATING SUPPORT | $3,000 |
Seymour Fox Memorial Foundation Inc Troy, NY PURPOSE: TO SUPPORT THE "EVERYBODY WINS! POWER LUNCH" CHILDREN'S READING AND MENTORING PROGRAM | $2,115 |
Seymour Fox Memorial Foundation Inc Troy, NY PURPOSE: TO SUPPORT THE "EVERYBODY WINS! POWER LUNCH" CHILDREN'S READING AND MENTORING PROGRAM | $2,000 |
Price Choppers Golub Foundation Schenectady, NY PURPOSE: GENERAL SUPPORT/CAPITAL CAMPAIGN | $750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Literacy Initiative Philadelphia, PA | $12,745,223 | $23,482,636 |
Reach Out And Read Inc Boston, MA | $10,124,014 | $15,173,728 |
Proliteracy Worldwide Syracuse, NY | $17,604,255 | $13,411,984 |
Urban Youth Alliance International Inc Bronx, NY | $4,354,975 | $6,995,942 |
Literacy Inc New York, NY | $4,595,330 | $3,899,705 |
Read Alliance Inc New York, NY | $3,368,825 | $3,674,607 |
Nj Leep Inc Newark, NJ | $3,780,662 | $2,866,137 |
Read To Grow Inc Branford, CT | $1,292,928 | $1,217,263 |
Mujeres Unidas Avanzando Inc Dorchester, MA | $2,346,284 | $1,432,208 |
Reach Out And Read Of Greater New York Inc New York, NY | $1,043,771 | $1,407,811 |
Reading Is Fundamental Pittsburg Pittsburgh, PA | $3,385,621 | $940,540 |
The Literacy Center Allentown, PA | $813,842 | $994,402 |