Literacy Council Of West Alabama Inc
- Assets
- $59.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tuscaloosa, AL
- Founding
- 01/2009
- Data as of
- 12/2019
- EIN
- 26-2883459
Organization Overview
Literacy Council Of West Alabama Inc is located in Tuscaloosa, AL. The organization was established in 2009. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, 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 Council Of West Alabama 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 12/2019, Literacy Council Of West Alabama Inc generated $51.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $38.2k during the year ending 12/2019. While expenses have increased by 5.4% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Ryan Board Member | 0 | $0 | |
Jim Johnson Chairperson | 0 | $0 | |
Nancy Mcdonald Secretary | 0 | $0 | |
Sonny Ryan Vice Chair Of Development | 0 | $0 | |
Vickie Davis Treasurer | 0 | $0 | |
Dr Fran Turner VP Service & Outreach | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,288 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,650 |
| Other Revenue | $0 |
| Total Revenue | $51,938 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,999 |
| Professional fees and other payments to independent contractors | $2,855 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,324 |
| Total expenses | $38,178 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,313 |
| Other assets | $0 |
| Total assets | $59,313 |
| Total liabilities | $684 |
| Net assets or fund balances | $58,629 |