Literacy And Life Inc
- Assets
- $35.2k
- Revenue
- $17.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Trenton, NJ
- Founding
- 11/2010
- Data as of
- 12/2020
- EIN
- 27-1727841
Organization Overview
Literacy And Life Inc is located in Trenton, NJ. The organization was established in 2010. 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 And Life 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 12/2020, Literacy And Life Inc generated $17.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (40.0%) each year. All expenses for the organization totaled $10.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (47.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED THE BUILDING BLOCKS FOR THE FUTURE PROGRAM. SERVED 22 FAMILIES , PRIMARILY PARENTS AND THEIR 4 - 6 YEAR OLDS. PROVIDED WORKSHOPS ON FINANCIAL LITERACY, NUTRITION AND CHILD DEVELOPMENT.
CONDUCTED THE BUILDING BLOCKS FOR THE FUTURE PROGRAM. SERVED 22 FAMILIES , PRIMARILY PARENTS AND THEIR 4 - 6 YEAR OLDS. PROVIDED WORKSHOPS ON FINANCIAL LITERACY, NUTRITION AND CHILD DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer A Tonlison Moreland Trustee | 5 | $0 | |
Vernon A Bramble Trustee | 5 | $0 | |
Cecile Ramsey Trustee | 1 | $0 | |
Kenneth Stewart Trustee | 1 | $0 | |
John A Churchill Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,225 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,225 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,114 |
| Total operating and administrative expenses | $10,274 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $10,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,197 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $35,197 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $10,284 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,284 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Literacy And Life Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Deitchman Charitable Foundation Inc Jupiter, FL PURPOSE: SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
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 |
Read To Succeed Buffalo Inc Buffalo, NY | $1,016,821 | $853,837 |
Media-Upper Providence Free Library Association Media, PA | $3,477,052 | $561,583 |
Reading Allowed Philadelphia, PA | $280,845 | $730,708 |
New Hope Memorial Community Development Corporation Inc Elizabeth, NJ | $499,518 | $499,700 |
Attention Deficit Disorder Association Denver, PA | $595,936 | $473,397 |