Northwest Ohio Literacy Council Inc
- Assets
- $125.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lima, OH
- Founding
- 12/1987
- Data as of
- 12/2022
- EIN
- 34-1560226
Organization Overview
Northwest Ohio Literacy Council Inc is located in Lima, OH. The organization was established in 1987. According to its NTEE Classification (B60) the organization is classified as: Adult Education, 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. Northwest Ohio 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 12/2022, Northwest Ohio Literacy Council Inc generated $50.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $64.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
RECRUIT AND TRAIN VOLUNTEERS WHO TUTOR ADULTS WHO READ BELOW FIFTH GRADE LEVEL. ALSO INCREASINGLY TEACHING ENGLISH, READING, AND WRITING SKILLS TO SPEAKERS OF OTHER LANGUAGES WHICH LEADS TO MORE PRODUCTIVE CITIZENS. WE CURRENTLY HAVE 50-65 PAIRS AND HELP LEARNERS TO ACHIEVE PERSONAL GOALS WHILE MAKING THEM MORE EMPLOYABLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth J Blanchard Executive Di | 35 | $24,077 | |
Bev Miller Trustee | 1 | $0 | |
Katie Barnes Trustee | 1 | $0 | |
Darryl Ball Trustee | 1 | $0 | |
Tim Willoughby Trustee | 1 | $0 | |
Penny Scarrett Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,381 |
| Total Program Service Revenue | $2,425 |
| Membership dues | $0 |
| Investment income | $8,957 |
| Gain or Loss | $305 |
| Net Income from Gaming & Fundraising | $27,065 |
| Other Revenue | $0 |
| Total Revenue | $50,133 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,331 |
| Professional fees and other payments to independent contractors | $1,083 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $291 |
| Other expenses | $15,801 |
| Total expenses | $64,506 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,270 |
| Other assets | $0 |
| Total assets | $125,405 |
| Total liabilities | $1,650 |
| Net assets or fund balances | $123,755 |