Mid-State Literacy Council Inc
- Assets
- $303.7k
- Revenue
- $278.6k
- Investments
- $155.2k
- Employees
- 4
- Location
- State College, PA
- Founding
- 01/1977
- Data as of
- 06/2022
- EIN
- 25-1304265
Organization Overview
Mid-State Literacy Council Inc is located in State College, PA. The organization was established in 1977. 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, Mid-State Literacy Council Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mid-State Literacy Council 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 06/2022, Mid-State Literacy Council Inc generated $278.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $234.1k during the year ending 06/2022. While expenses have increased by 5.9% 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
TO PROVIDE ADULT BASIC LITERACY AND ENGLISH AS A SECOND LANGUAGE INSTRUCTION TO ADULTSUSING TRAINED VOLUNTEERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ADULT BASIC LITERACY AND ENGLISH AS A SECOND LANGUAGE INSTRUCTION TO ADULTS USING TRAINED VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Wilson Executive Director | Officer | 40 | $60,471 |
Ann Echols President, Director | Trustee | 1 | $0 |
Pam Long Vice-President, Director | Trustee | 1 | $0 |
Ashley Kraige Secretary, Director | Trustee | 1 | $0 |
Kimberly Wyatt Treasurer, Director | Trustee | 1 | $0 |
John Bee Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $24,762 |
| All other contributions, gifts, grants, and similar amounts not included above | $158,199 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,961 |
| Total Program Service Revenue | $19,747 |
| Investment income | $11,920 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $63,935 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $278,563 |
| 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. | $60,471 |
| Compensation of current officers, directors, key employees. | $3,024 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,051 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,605 |
| Payroll taxes | $8,936 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,746 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $142 |
| Office expenses | $11,790 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,981 |
| Travel | $153 |
| 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 | $214 |
| Insurance | $3,008 |
| All other expenses | $467 |
| Total functional expenses | $234,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,264 |
| 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 | $1,167 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $155,222 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $303,653 |
| Accounts payable and accrued expenses | $6,583 |
| 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 | $6,583 |
| Net assets without donor restrictions | $250,103 |
| Net assets with donor restrictions | $46,967 |
| 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 | $303,653 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Mid-State Literacy Council Inc has recieved totaling $134,161.
| Awarding Organization | Amount |
|---|---|
Centre County United Way State College, PA PURPOSE: TO SUPPORT EDUCATION - RELATED MISSION | $55,000 |
The Hamer Foundation State College Pa, PA PURPOSE: PROGRAMMING | $30,000 |
Centre County Community Foundation Inc State College, PA PURPOSE: GENERAL SUPPORT | $27,658 |
State College Association Of University Women Inc State College, PA PURPOSE: CENTRE COUNTY WOMEN'S SCHOLARSHIP OPPORTUNITY AND CURRENT MATERIALS PROGRAM | $9,700 |
Clearfield Area United Way Inc Clearfield, PA | | $6,250 |
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $5,500 |
Endowment Analysis
| Beg. Balance | $13,068 |
| Earnings | $1,907 |
| Ending Balance | $14,975 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Literacy Initiative Philadelphia, PA | $12,745,223 | $23,482,636 |
Proliteracy Worldwide Syracuse, NY | $17,604,255 | $13,411,984 |
Civic Works Inc Baltimore, MD | $12,483,552 | $12,764,474 |
Urban Youth Alliance International Inc Bronx, NY | $4,354,975 | $6,995,942 |
Kids Read Now Troy, OH | $1,305,520 | $4,930,805 |
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 |
Reading Recovery Council Of North America Worthington, OH | $1,777,303 | $1,197,918 |
We Need Diverse Books Bethesda, MD | $1,284,821 | $1,729,399 |
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 |