International Literacy Association

Organization Overview

International Literacy Association is located in Newark, DE. The organization was established in 2016. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, International Literacy Association employed 23 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. International Literacy Association 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, International Literacy Association generated $4.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $4.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 5 years. 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

CONNECT RESEARCH AND PRACTICE TO IMPROVE THE QUALITY OF LITERACY LEARNING ACROSS THE GLOBE IN WAYS THAT ARE RESPECTFUL, RESPONSIVE, AND ETHICAL. ILA ADVOCATES FOR EQUITABLE ACCESS TO LITERACIES AMONG INDIVIDUALS OF ALL AGES AND DIVERSE COMMUNITIES AS A BASIC HUMAN RIGHT AND A MATTER OF SOCIAL JUSTICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEETINGS AND EVENTS - A PRIMARY MEANS BY WHICH THE ASSOCIATION PROVIDES HIGH QUALITY PROFESSIONAL DEVELOPMENT FOR EDUCATORS.


CONSTITUENT SERVICES - PROFESSIONAL MEMBERSHIP SERVICES INCLUDING A QUARTERLY MEMBER MAGAZINE REPORTING LATEST TRENDS IN LITERACY AND EASY-TO-IMPLEMENT CLASSROOM STRATEGIES.


EDUCATION AND RESEARCH - THE PRODUCTION OF WIDELY RECOGNIZED RESEARCH BASED JOURNALS WITH CUTTING-EDGE, CLASSROOM-TESTED LITERACY TEACHING STRATEGIES.


OTHER PROGRAM SERVICES CONSISTS OF OTHER PROFESSIONAL DEVELOPMENT PROGRAMS DESIGNED TO BENEFIT ILA MEMBERS AND THE PUBLIC AT LARGE. ADDITIONALLY, OTHER PROGRAM SERVICE REVENUE INCLUDES $731,979 FROM THE REDUCTION OF A LOSS CONTINGENCY. DURING THE YEAR ENDED JUNE 30, 2021, ILA ACCRUED HOTEL CANCELLATION FEES INCURRED IN RELATION TO THE CANCELLATION OF THE IN-PERSON CONFERENCE. DURING THE YEAR ENDED JUNE 30, 2022, $731,979 OF THIS ACCRUED LIABILITY WAS REVERSED, IN ACCORDANCE WITH U.S. GAAP FOR LOSS CONTINGENCIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gpx Communications Llc
Network Management & Technical Support
$196,582
John Wiley & Sons Inc
Journals Publisher
$179,356
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$509,377
Investment income $84,050
Tax Exempt Bond Proceeds $0
Royalties $235,002
Net Rental Income $175,030
Net Gain/Loss on Asset Sales $1,659,452
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $4,808
Miscellaneous Revenue$0
Total Revenue $4,057,969

Grants Recieved

Over the last fiscal year, we have identified 1 grants that International Literacy Association has recieved totaling $99.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$99
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,297,135
Earnings-$457,732
Admin Expense$21,479
Net Contributions$21,000
Other Expense$1,036,630
Grants$10,000
Ending Balance$4,792,294

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