International Literacy Association
- Assets
- $4.8m
- Revenue
- $1.7m
- Investments
- $214.3k
- Employees
- 14
- Location
- Newark, DE
- Founding
- 01/2016
- Data as of
- 06/2024
- EIN
- 46-3994293
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 06/2024, International Literacy Association employed 14 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 06/2024, International Literacy Association generated $1.7m 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 (19.9%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (21.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
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:
MEETINGS AND EVENTS - A PRIMARY MEANS BY WHICH THE ASSOCIATION PROVIDES HIGH QUALITY PROFESSIONAL DEVELOPMENT FOR EDUCATORS.
OTHER PROGRAM SERVICES CONSISTS OF OTHER PROFESSIONAL DEVELOPMENT PROGRAMS DESIGNED TO BENEFIT ILA MEMBERS AND THE PUBLIC AT LARGE.
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Molly Ness Member | Trustee | 10 | $0 |
Kia Brown-Dudley President | OfficerTrustee | 10 | $0 |
Dana Robertson Member | Trustee | 10 | $0 |
Kenneth Kunz Immediate Past President | OfficerTrustee | 10 | $0 |
J Helen Perkins Vice President | OfficerTrustee | 10 | $0 |
Sue Corbin Member | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gpx Communications Llc Network Management & Technical Support | 6/29/22 | $196,582 |
John Wiley & Sons Inc Journals Publisher | 6/29/22 | $179,356 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,538 |
| All other contributions, gifts, grants, and similar amounts not included above | $126,800 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $129,338 |
| Total Program Service Revenue | $848,057 |
| Investment income | $140,149 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $273,323 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $234,140 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,164 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,682,327 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,803 |
| Grants and other assistance to Foreign Orgs/Individuals | $22,750 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $315,772 |
| Compensation of current officers, directors, key employees. | $188,002 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $810,721 |
| Pension plan accruals and contributions | $24,340 |
| Other employee benefits | $120,537 |
| Payroll taxes | $80,736 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $77,372 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,483 |
| Fees for services: Other | $213,251 |
| Advertising and promotion | $73,315 |
| Office expenses | $4,972 |
| Information technology | $127,126 |
| Royalties | $0 |
| Occupancy | $5,895 |
| Travel | $234 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $600 |
| Interest | $85 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,732 |
| Insurance | $22,380 |
| All other expenses | $0 |
| Total functional expenses | $1,933,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,300 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $111,130 |
| Accounts receivable, net | $36,455 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $441 |
| Prepaid expenses and deferred charges | $20,559 |
| Net Land, buildings, and equipment | $2,595 |
| Investments—publicly traded securities | $4,129,855 |
| Investments—other securities | $214,272 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $102,427 |
| Total assets | $4,796,034 |
| Accounts payable and accrued expenses | $178,667 |
| Grants payable | $0 |
| Deferred revenue | $606,333 |
| 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 | $6,511 |
| Other liabilities | $98,128 |
| Total liabilities | $889,639 |
| Net assets without donor restrictions | $2,907,503 |
| Net assets with donor restrictions | $998,892 |
| 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 | $4,796,034 |