Literacy Leadership Inc
- Assets
- $122.6k
- Revenue
- $181.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Davenport, IA
- Founding
- 08/2003
- Data as of
- 09/2021
- EIN
- 43-2001196
Organization Overview
Literacy Leadership Inc is located in Davenport, IA. The organization was established in 2003. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, 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 Leadership 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 09/2021, Literacy Leadership Inc generated $181.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $212.4k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE READING MATERIALS CURRICULUM GUIDES READING EVENTS AND COMMNUNITY WIDE EVENTS TO IMPROVE LITERACY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE READING MATERIALS CURRICULUM GUIDES READING EVENTS AND COMMUNITY WIDE EVENTS TO IMPROVE LITERACY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Moeller Treasurer | OfficerTrustee | 1.5 | $0 |
John Humenik President | OfficerTrustee | 0.3 | $0 |
Anita Fasbender Director | Trustee | 0.2 | $0 |
Nathan Bekke Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $181,671 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,671 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $181,671 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $134,054 |
| Office expenses | $157 |
| Information technology | $42,191 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $212,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,608 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $122,608 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $122,608 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $122,608 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Literacy Leadership Inc has recieved totaling $166,666.
| Awarding Organization | Amount |
|---|---|
Mcmurry Foundation Wilmington, DE PURPOSE: 2021 'WE READ' FUND | $166,666 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reading & Math Inc Minneapolis, MN | $4,709,118 | $50,180,193 |
Literacy Minnesota St Paul, MN | $3,639,375 | $5,962,310 |
Great Books Foundation Chicago, IL | $3,063,168 | $3,289,304 |
Turnk The Page Kc Inc Kansas City, MO | $555,932 | $3,146,244 |
Children And Nature Network Saint Paul, MN | $9,265,394 | $2,175,019 |
La Crosse Medical Health Science Consortium Inc La Crosse, WI | $13,920,244 | $1,509,206 |
Wisconsin Literacy Inc Madison, WI | $355,424 | $1,313,626 |
Literacy Network Inc Madison, WI | $4,205,047 | $2,002,520 |
Ready Readers St Louis, MO | $1,581,585 | $1,585,720 |
Chicago Citywide Literacy Coalition Chicago, IL | $1,103,489 | $1,225,090 |
Chicago Heightening Opportunity And Potential For Educational Success Chicago, IL | $1,173,887 | $1,219,506 |
Altrusa International Foundation Inc Chicago, IL | $4,173,978 | $400,810 |