Canon Literacy Center Inc
- Assets
- $132.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canon City, CO
- Founding
- 06/2010
- Data as of
- 12/2021
- EIN
- 27-2279199
Organization Overview
Canon Literacy Center Inc is located in Canon City, CO. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Canon Literacy Center 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 12/2021, Canon Literacy Center Inc generated $80.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $57.0k during the year ending 12/2021. While expenses have increased by 18.6% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IN 2021, CANON LITERACY CENTER, INC. PROVIDED 3481 HOURS OF VOLUNTEER TIME TO 86 STUDENTS IN THE FIRST THROUGH SIXTH GRADES. TWO TEACHIN SITES ARE OPERATED FOR TWO TWELVE WEEK SESSIONS AND ON SIX WEE SUMMER SESSION. 45 VOLUNTEERS PORVIDED THE TUTORING AND OTHER VOLUNTEER SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth E Lakey Director | 30 | $21,000 | |
Katherine Cook President Of Bod | 10 | $0 | |
Tami Mundy Director Bod | 1 | $0 | |
Michele Hinsey Secretary Of Bod | 1 | $0 | |
Walter W Firkins Treasurer Of Bod | 8 | $0 | |
Jodie Sedillo Director Bod | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,721 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $63 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,784 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,896 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,451 |
| Printing, publications, postage, and shipping | $261 |
| Other expenses | $16,369 |
| Total expenses | $56,977 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,234 |
| Other assets | $0 |
| Total assets | $132,854 |
| Total liabilities | $1,859 |
| Net assets or fund balances | $130,995 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Canon Literacy Center Inc has recieved totaling $20,123.
| Awarding Organization | Amount |
|---|---|
A V Hunter Trust Incorporated Glendale, CO PURPOSE: GENERAL OPERATING | $10,000 |
Adolph Coors Foundation Denver, CO PURPOSE: GENERAL OPERATIONS | $5,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $123 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Turing School Of Software And Design Denver, CO | $6,210,648 | $10,301,401 |
Rooted Denver, CO | $4,963,250 | $7,608,549 |
United States Space Foundation Colorado Springs, CO | $16,544,992 | $7,378,299 |
Collective For Youth Omaha, NE | $16,344,773 | $14,408,697 |
Youth Entrepreneurs Inc Wichita, KS | $8,370,922 | $6,293,107 |
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 |
Communities In Schools Of Mid-America Inc Lawrence, KS | $5,926,043 | $10,689,088 |
Colorado High School Activities Association Aurora, CO | $4,647,577 | $4,396,075 |
Avenue Scholars Foundation Omaha, NE | $2,155,096 | $4,937,256 |