Literacy Volunteers Of Bangor
- Assets
- $382.6k
- Revenue
- $208.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Bangor, ME
- Founding
- 08/2004
- Data as of
- 06/2022
- EIN
- 23-7409749
Organization Overview
Literacy Volunteers Of Bangor is located in Bangor, ME. The organization was established in 2004. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Literacy Volunteers Of Bangor employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Volunteers Of Bangor 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 Bangor generated $208.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $169.5k during the year ending 06/2022. While expenses have increased by 5.5% 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
THIS ORGANIZATION PROVIDES FREE EDUCATIONAL SUPPORT TO ADULTS WITH LITERACY BARRIERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASIC LITERACY PROGRAM HELPS ADULTS WITH LITERACY BARRIERS REACH THEIR PERSONAL AND EDUCATIONAL GOALS AS THEY RELATE TO IMPROVED READING, WRITING AND SPELLING. IN FISCAL YEAR ENDING JUNE 30,2022, 89 ADULTS BENEFITED.
ENGLISH LANGUAGE PROGRAM HELPS IMMIGRANTS OR "NEW MAINERS" GAIN CONVERSATIONAL ENGLISH SKILLS SO THAT THEY CAN MORE FULLY FUNCTION IN OUR COMMUNITY. ADDITIONALLY, TUTORS SERVE AS "CULTURAL BROKERS" TO EXPLAIN THE NUANCES OF AMERICAN CULTURE AND HELP THEM PREPARE FOR THE U.S. CITIZENSHIP EXAM. IN FISCAL YEAR ENDING JUNE 30, 2022, 85 ADULTS BENEFITED.
FAMILY LITERACY PROGRAM INCLUDES PROGRAMMING FOR THOSE ADULTS WHO ARE PARENTING CHILDREN. LITERATE PARENTS ARE BETTER POSITIONED TO CARE FOR THEIR CHILDREN IN HOME, WORK, SCHOOL AND HEALTH CARE ENVIRONMENTS. IN FISCAL YEAR ENDING JUNE 30, 2022, 60 PARENTING ADULTS AND APPROXIMATELY 128 CHILDREN AGES 0-12 YEARS WERE SERVED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Marin Taylor Executive Dir. | Trustee | 30 | $48,329 |
Donna Keirstead President | Officer | 0 | $0 |
Danielle Berube Treasurer | Officer | 1 | $0 |
Nichole Trainor Vice President | Officer | 2 | $0 |
Natalie Nadeau Secretary | Officer | 2 | $0 |
Denise Allen Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $207,636 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,636 |
| Total Program Service Revenue | $457 |
| Investment income | $69 |
| Tax Exempt Bond Proceeds | $0 |
| 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 | $208,162 |
| 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. | $61,278 |
| Compensation of current officers, directors, key employees. | $1,838 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,532 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,330 |
| Payroll taxes | $8,292 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,536 |
| Advertising and promotion | $1,133 |
| Office expenses | $4,470 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,936 |
| 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 | $2,775 |
| Insurance | $2,514 |
| All other expenses | $8,545 |
| Total functional expenses | $169,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $373,900 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,520 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $154 |
| Total assets | $382,574 |
| Accounts payable and accrued expenses | $0 |
| 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 | $7,926 |
| Total liabilities | $7,926 |
| Net assets without donor restrictions | $374,648 |
| 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 | $382,574 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Literacy Volunteers Of Bangor has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Harnum Family Foundation Bangor, ME PURPOSE: GENERAL SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of New Hampshire Foundation Incorporated Durham, NH | $251,217,834 | $34,299,189 |
University Of Maine Foundation Orono, ME | $392,570,813 | $22,127,345 |
Maine Center Ventures Orono, ME | $2,948,482 | $3,531,786 |
Northern Maine Community College Foundation Presque Isle, ME | $4,209,666 | $599,029 |
Wells Public Library Foundation Inc Wells, ME | $16,968 | $76,245 |
University Of Maine School Of Law Foundation Portland, ME | $6,829,939 | $929,272 |
Founders Academy Foundation Manchester, NH | $5,624,673 | $768,570 |
Southern Maine Community College Foundation South Portland, ME | $3,768,050 | $1,245,786 |
Camden Public Library Fund Camden, ME | $1,679,359 | $603,187 |
Friends Of The Weeks Public Library Greenland, NH | $101,158 | $27,678 |
Kennebec Valley Community College Foundation Fairfield, ME | $5,554,302 | $699,650 |
Concord Christain Academy Giving & Going Alliance Concord, NH | $291,148 | $254,410 |