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. As of 06/2023, Sharp Literacy Inc employed 39 individuals. 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 06/2023, Sharp Literacy Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $1.6m during the year ending 06/2023. While expenses have increased by 7.9% per year over the past 8 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

SHARP PARTNERS WITH EDUCATORS TO FOSTER A LOVE OF LEARNING AND BRIGHTEN CHILDREN'S FUTURES THROUGH INNOVATIVE STEAM-BASED EXPERIENTIAL PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SHARP PARTNERS WITH 49 URBAN ELEMENTARY SCHOOLS IN MILWAUKEE, RACINE AND WAUKESHA, SERVING MORE THAN 8,300 STUDENTS AND NEARLY 400 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; 37% BLACK, 43% LATINO/HISPANIC, 9% WHITE, 8% ASIAN AND 3% TWO OR MORE RACES. SUPPORT FROM GENEROUS DONORS ALLOWS US TO CONTINUE TO PROVIDE RELEVANT, RIGOROUS STEAM PROGRAMMING, INCLUDING EDUCATIONAL TOUR EXPERIENCES FOR K3-5TH GRADE STUDENTS AT NO COST TO THE SCHOOLS.SHARP RECENTLY ADOPTED A NEW STRATEGIC PLAN, AND ONE OF THE IDENTIFIED WAYS TO DEEPEN IMPACT IS AN INTEGRATED STEAM CURRICULUM THAT INCORPORATES THREE PILLARS: TECHNOLOGY INTEGRATION, PROJECT-BASED LEARNING, AND ART & DESIGN THINKING. SHARP'S STEAM PROGRAM LAYS THE GROUNDWORK FOR A STEAM-BASED EDUCATION, BEGINNING IN KINDERGARTEN. IN K3-K5, STUDENTS ARE INTRODUCED TO PHYSICAL AND NATURAL SCIENCE CONCEPTS GRAVITY, RAINBOWS, FORCE & MOTION, ANIMALS AND PLANTS. FIRST AND SECOND GRADERS CONTINUE RESPECTIVELY WITH STUDIES OF POLLINATORS & POLLINATION AND THE WATER CYCLE. DESIGN THROUGH CODE (DTC 3, DTC 4 & DTC 5) IS A 10-18 SESSION PROGRAM THAT INTRODUCES 3RD THROUGH 5TH GRADERS TO VIDEO GAME DESIGN, PHYSICAL COMPUTING, CODING, CIRCUITRY, ENGINEERING AND MORE. THIS YEAR 2,375 STUDENTS FROM OVER 100 CLASSROOMS AT 14 SCHOOLS IN MILWAUKEE AND WAUKESHA ARE PARTICIPATING IN DTC WORKSHOPS.ESTABLISHED IN 2014, SHARP'S SUMMER LEARNING PROGRAM PARTNERS WITH 20+ COMMUNITY LEARNING CENTERS AND MPS, PROVIDING INNOVATIVE HANDS-ON PROGRAMMING TO COMBAT SUMMER SLIDE COMMON TO URBAN STUDENTS (LOSING ACADEMIC PROGRESS IN SUMMER DUE TO LACK OF EDUCATIONAL OPPORTUNITIES). OUR EIGHT-WEEK ART AND TECHNOLOGY-BASED PROGRAM SERVES 1,200 K-6TH GRADERS, KEEPING CHILDREN ENGAGED AND LEARNING. SLP HELPS ADDRESS EDUCATIONAL DISPARITIES, GIVING OPPORTUNITIES TO STUDENTS FROM LOW-INCOME FAMILIES AND PROVIDES A PURPOSEFUL AND JOYFUL SUMMER EXPERIENCE.


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Board, Officers & Key Employees

Name (title)Compensation
Amanda Porterfield
Director
$0
Andrea Schloemer
Director
$0
Anne Zizzo
Director
$0
Bob Hau
Director
$0
Brittany Lopez Naleid
Director
$0
Candace Spears
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$308,646
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,428,535
Noncash contributions included in lines 1a–1f $24,901
Total Revenue from Contributions, Gifts, Grants & Similar$1,737,181
Total Program Service Revenue$21,269
Investment income $46,449
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $119,293
Net Income from Fundraising Events -$38,265
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $713
Miscellaneous Revenue$0
Total Revenue $1,886,640

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