Sharp Literacy Inc

Organization Overview

Sharp Literacy Inc is located in Milwaukee, WI. The organization was established in 1999. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sharp Literacy 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 06/2021, Sharp Literacy Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 3.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SHARP LITERACY ASPIRES TO PROMOTE THE JOY OF, AND THE JOURNEY TOWARD, A LIFELONG PURSUIT OF LEARNING THROUGH EXPLORATION AND DISCOVERY. OUR GOAL IS TO IMPROVE LITERACY FOR URBAN YOUTH WITH RELATABLE HANDS-ON PROGRAMMING. WE ENRICH CLASSROOM LEARNING WITH VISUAL ARTS INTEGRATION, EDUCATIONAL TOURS AND COMMUNITY ENGAGEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2020-21, SHARP PARTNERED WITH 36 URBAN ELEMENTARY SCHOOLS IN MILWAUKEE, RACINE AND WAUKESHA, SERVING MORE THAN 6,000 STUDENTS AND 275 TEACHERS. THESE SCHOOLS ARE IN MANY OF THE AREA'S MOST DISTRESSED NEIGHBORHOODS, EVIDENCED BY THE FACT THAT NEARLY 90% OF SHARP STUDENTS COME FROM FAMILIES THAT ARE CATEGORIZED AS ECONOMICALLY DISADVANTAGED. THE STUDENTS WE SERVE REPRESENT A DIVERSE POPULATION; 34% BLACK/AFRICAN AMERICAN, 46% LATINX/HISPANIC, 9% WHITE/CAUCASIAN, 9% ASIAN AND 2% TWO OR MORE RACES.SUPPORT FROM GENEROUS DONORS ALLOWS US TO CONTINUE TO PROVIDE RELEVANT, RIGOROUS STEAM PROGRAMMING FOR K3-5TH GRADE STUDENTS AT NO COST TO THE SCHOOLS.STEAM CORE PROGRAM: SHARP'S STEAM CORE PROGRAM LAYS THE GROUNDWORK FOR A STEAM-BASED EDUCATION, BEGINNING IN KINDERGARTEN. IN ALL GRADES, TECHNOLOGICAL AND FINANCIAL LITERACY CONCEPTS AND VOCABULARY ARE INTRODUCED, WHICH LINK TO SCIENCE OR SOCIAL STUDIES CURRICULA.DESIGN THROUGH CODE (DTC 3, DTC 4 & DTC 5): DTC IS AN 8-10 SESSION PROGRAM THAT INTRODUCES 3RD THROUGH 5TH GRADERS TO CODING AND COMPUTER SCIENCE. JUST OVER 1,100 STUDENTS FROM 41 CLASSROOMS AT 11 SCHOOLS IN MILWAUKEE AND WAUKESHA PARTICIPATED IN VIRTUAL DTC WORKSHOPS.AFTER SCHOOL LEARNING PROGRAM (ASLP): SHARP'S ASLP PROVIDED A MODIFIED VERSION OF THE SCHOOL YEAR CURRICULUM ADAPTED FOR THE AFTER-SCHOOL SETTING. EACH SITE CHOOSES THE PROGRAM BEST SUITED FOR THEIR STUDENTS. IN 2020-21, WE PROVIDED THIS PROGRAM VIRTUALLY TO TWO PARTNER SITES.


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Board, Officers & Key Employees

Name (title)Compensation
Lynda Kohler
President/ceo
$141,607
Mark Chiuminatto
Director Of Finance
$42,060
Nancy Mehlberg Tomko
Treasurer
$0
Kelley Yunk
Chairman
$0
George Baumann
Secretary
$0
Douglas C Erlacher
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,230,913
Investment income $39,635
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$81,487
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$3,143
Miscellaneous Revenue$0
Total Revenue $1,209,168

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Sharp Literacy Inc has recieved totaling $13,481.

Awarding OrganizationAmount
Dudley And Constance Godfrey Foundation Inc

Milwaukee, WI

PURPOSE: EDUCATIONAL

$6,000
Geiger Family Foundation Inc

Milwaukee, WI

PURPOSE: GENERAL

$5,000
Youth Foundation Inc

Milwaukee, WI

PURPOSE: ARTS GRANT

$2,481
View Grant Recipient Profile

Endowment Analysis

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