Literacy To Legacy Inc
- Assets
- $5.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/2009
- Data as of
- 12/2016
- EIN
- 35-2341904
Organization Overview
Literacy To Legacy Inc is located in Atlanta, GA. The organization was established in 2009. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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 To Legacy 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 12/2016, Literacy To Legacy Inc generated $194.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $194.3k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 2 years. 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
2016
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE NECESSARY TOOLS FOR SUCESSFUL LIVING FOR OUR CLIENTS.
Describe the Organization's Program Activity:
Part 3
TO PROVIDE THE NECESSARY TOOLS FOR SUCESSFUL LIVING FOR OUR CLIENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Lynch Executive Director | 15 | $9,995 | |
Theresa Austin Director | 5 | $0 | |
Gary Nelson Director | 5 | $0 | |
Eugene Gardner Director | 5 | $0 | |
Janet Jackson Director | 5 | $0 | |
Deontate Hann Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $185,294 |
| Total Program Service Revenue | $9,501 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $194,795 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $89,645 |
| Occupancy, rent, utilities, and maintenance | $94,974 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,720 |
| Total expenses | $194,339 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,355 |
| Other assets | $0 |
| Total assets | $5,355 |
| Total liabilities | $17,678 |
| Net assets or fund balances | -$12,323 |
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