Literacy Services Of Wisconsin Inc
- Assets
- $1.5m
- Revenue
- $1.9m
- Investments
- $12.0k
- Employees
- 31
- Location
- Milwaukee, WI
- Founding
- 11/1968
- Data as of
- 06/2022
- EIN
- 39-1091203
Organization Overview
Literacy Services Of Wisconsin Inc is located in Milwaukee, WI. The organization was established in 1968. As of 06/2022, Literacy Services Of Wisconsin Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Services Of Wisconsin 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 06/2022, Literacy Services Of Wisconsin Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 12.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LITERACY SERVICES OF WISCONSIN PARTNERS WITH MOTIVATED ADULTS TO PROVIDE ACCESS TO QUALITY BASIC EDUCATION AND SKILLS TRAINING SO THEY CAN IMPROVE THEIR LIVES, ENRICH THEIR FAMILIES, AND STRENGTHEN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREDENTIALING PROGRAMS - WE PROVIDE DIRECT INSTRUCTION AND CREDENTIALING SERVICES FOR ADULTS LOOKING TO EARN A HSED OR GED. ADULTS ASSESSED AT OR ABOVE A 7TH-GRADE LEVEL MEET WITH OUR STAFF TO DETERMINE THE MOST APPROPRIATE PATH TO THEIR LEARNING AND EMPLOYMENT GOALS. USING A HIGHLY PERSONALIZED ONE-ON-ONE VOLUNTEER TUTORING MODEL, ADULT LEARNERS MAY CHOOSE TO STUDY SUBJECTS AT THEIR OWN PACE TO PREPARE FOR THE FOUR STATE-CERTIFIED GED EXAMS: LANGUAGE ARTS, MATH, SCIENCE, AND SOCIAL STUDIES. ALTERNATIVELY, STUDENTS MAY CHOOSE TO ENTER A HSED PROGRAM, OR ONE OF THE PRE-APPRENTICESHIP CONTEXTUALIZED HSEDS THAT OFFER ADDITIONAL TRAINING FOR THE SKILLED TRADES IN CONSTRUCTION AND MANUFACTURING. HSED COURSES ARE COMPETENCY-BASED AND DELIVERED IN A COHORT MODEL IN WHICH LEARNING IS CUSTOMIZED AND RELEVANT TO EACH LEARNER'S SKILLS, GOALS AND SCHEDULE.
ENGLISH LANGUAGE LEARNING (ELL) - THIS PROGRAM ADDRESSES THE BARRIERS AND LACK OF ACCESS TO SERVICES THAT ADULTS FROM OTHER LANGUAGE BACKGROUNDS AND THEIR FAMILIES FACE DAILY. GAINING FLUENCY IN ENGLISH IS ESSENTIAL TO FULLY PARTICIPATE IN OUR COMMUNITY AND TO ACQUIRE, MAINTAIN, AND ADVANCE IN EMPLOYMENT THAT PROVIDES A FAMILY-SUSTAINING WAGE. WE OFFER VARIOUS MODES OF ENGLISH LANGUAGE INSTRUCTION, INCLUDING ONE-ON-ONE TUTORING, SMALL GROUP, CLASSROOM, AND THE CURRENT DEVELOPMENT OF A HYBRID MODEL.
ADULT EDUCATION - FOR LEARNERS AT LOWER LITERACY LEVELS, WE ARE THE ONLY ORGANIZATION IN OUR COMMUNITY IMPLEMENTING THE EVIDENCE-BASED WILSON READING SYSTEM. UNDER TWO CERTIFIED STAFF LEADERS, THIS RIGOROUS PROGRAM PROVIDES HIGHLY EFFECTIVE INSTRUCTION USING A PHONETIC APPROACH TO READING FOR ADULTS. MID-LEVEL LEARNERS WISHING TO TRANSITION TO SECONDARY CREDENTIALING PROGRAMS ARE ENROLLED IN BRIDGE COURSES INTENDED TO PREPARE THEM FOR LANGUAGE AND NUMERACY SKILLS NEEDED TO OBTAIN A HIGH SCHOOL EQUIVALENCY DIPLOMA (HSED) OR GED. ALL STUDENTS IDENTIFY INDIVIDUAL GOALS AND BUILD SOFT SKILLS FOR EMPLOYMENT WHILE ENGAGED IN ACADEMIC STUDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Mccoy Executive Director | Officer | 40 | $87,836 |
Daniel Lafrenz Treasurer | OfficerTrustee | 2 | $0 |
Jenny Littmann President | OfficerTrustee | 2 | $0 |
Jim Paetsch Past President | OfficerTrustee | 2 | $0 |
Kerry Leet Secretary | OfficerTrustee | 2 | $0 |
Gil Cubia Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $139,020 |
| Membership dues | $0 |
| Fundraising events | $92,702 |
| Related organizations | $0 |
| Government grants | $608,015 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,066,982 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,906,719 |
| Total Program Service Revenue | $2,544 |
| Investment income | $17,205 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,204 |
| Net Income from Fundraising Events | -$38,292 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,904,380 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,049 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $108,718 |
| Compensation of current officers, directors, key employees. | $9,405 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $940,509 |
| Pension plan accruals and contributions | $10,881 |
| Other employee benefits | $77,333 |
| Payroll taxes | $79,801 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,927 |
| Fees for services: Other | $5,543 |
| Advertising and promotion | $23,090 |
| Office expenses | $68,475 |
| Information technology | $51,790 |
| Royalties | $0 |
| Occupancy | $229,120 |
| Travel | $810 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,225 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,213 |
| Insurance | $17,839 |
| All other expenses | $1,777 |
| Total functional expenses | $1,648,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,893 |
| Savings and temporary cash investments | $167,060 |
| Pledges and grants receivable | $170,356 |
| 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 | $7,747 |
| Net Land, buildings, and equipment | $16,700 |
| Investments—publicly traded securities | $922,485 |
| Investments—other securities | $12,014 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,996 |
| Total assets | $1,468,251 |
| Accounts payable and accrued expenses | $21,464 |
| 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 | $1,527 |
| Total liabilities | $22,991 |
| Net assets without donor restrictions | $761,620 |
| Net assets with donor restrictions | $683,640 |
| 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 | $1,468,251 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Literacy Services Of Wisconsin Inc has recieved totaling $5,300.
| Awarding Organization | Amount |
|---|---|
Gardner Foundation Milwaukee, WI PURPOSE: OPERATING EXPENSES | $3,000 |
William & Sandy Heitz Family Found Mequon, WI PURPOSE: LITERACY SERVICES | $2,000 |
Nesh Eim Family Foundation Mequon, WI PURPOSE: GENERAL CHARITABLE | $300 |
Endowment Analysis
| Beg. Balance | $1,099,446 |
| Earnings | -$135,373 |
| Admin Expense | $5,927 |
| Ending Balance | $958,146 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Literacy Services Of Wisconsin Inc Milwaukee, WI | $1,468,251 | $1,904,380 |
Literacy Center Of West Michigan Grand Rapids, MI | $635,854 | $1,470,651 |
Migizi Communications Inc Minneapolis, MN | $6,685,469 | $2,973,439 |
Literacy Green Bay Inc Green Bay, WI | $849,540 | $512,350 |
Literacy Dupage Wheaton, IL | $148,071 | $241,945 |