Literacy Outreach
- Assets
- $426.0k
- Revenue
- $187.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Glenwood Springs, CO
- Founding
- 06/2009
- Data as of
- 12/2021
- EIN
- 26-4713475
Organization Overview
Literacy Outreach is located in Glenwood Springs, CO. The organization was established in 2009. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Literacy Outreach employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Outreach 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 12/2021, Literacy Outreach generated $187.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $291.4k during the year ending 12/2021. While expenses have increased by 5.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TEACHING ESSENTIAL LITERACY SKILLS TO ADULTS; THEREBY ENRICHING THEIR FAMILIES AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACHING ESSENTIAL LITERACY SKILLS TO ADULTS; THEREBY ENRICHING THEIR FAMILIES AND COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Rosas Garcia President | OfficerTrustee | 0.5 | $0 |
Tara Bair Treasurer | OfficerTrustee | 0.5 | $0 |
Maria Claire Jacobi Secretary | OfficerTrustee | 0.5 | $0 |
Penny Mcdill Board Member | Trustee | 0.5 | $0 |
Norma Baez Board Member | Trustee | 0.5 | $0 |
Dr Judith Alvarez Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $23,846 |
| Related organizations | $0 |
| Government grants | $26,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $142,159 |
| Noncash contributions included in lines 1a–1f | $66,263 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,005 |
| Total Program Service Revenue | $365 |
| Investment income | $642 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$21 |
| Net Income from Fundraising Events | -$5,949 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $187,039 |
| 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. | $77,631 |
| Compensation of current officers, directors, key employees. | $7,674 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $69,917 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,027 |
| Payroll taxes | $12,058 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,644 |
| Advertising and promotion | $1,083 |
| Office expenses | $11,694 |
| Information technology | $4,389 |
| Royalties | $0 |
| Occupancy | $10,044 |
| Travel | $1,010 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,457 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,281 |
| Insurance | $6,586 |
| All other expenses | $617 |
| Total functional expenses | $291,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,645 |
| Savings and temporary cash investments | $67,250 |
| Pledges and grants receivable | $8,154 |
| 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 | $250,402 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,565 |
| Total assets | $426,016 |
| Accounts payable and accrued expenses | $17,364 |
| 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 | $17,364 |
| Net assets without donor restrictions | $408,652 |
| 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 | $426,016 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Literacy Outreach has recieved totaling $26,083.
| Awarding Organization | Amount |
|---|---|
Aspen Community Foundation Basalt, CO PURPOSE: GENERAL SUPPORT | $16,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $10,083 |
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Lena Foundation Louisville, CO | $6,954,124 | $11,160,800 |
Starfall Education Foundation Boulder, CO | $23,360,929 | $7,522,820 |
Oklahoma Public School Resource Center Inc Oklahoma City, OK | $4,660,216 | $8,536,647 |
North Valley Christian Academy Phoenix, AZ | $21,880,412 | $8,715,772 |
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