Literacy Club
- Assets
- $22.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sylmar, CA
- Founding
- 10/2015
- Data as of
- 12/2019
- EIN
- 47-3898927
Organization Overview
Literacy Club is located in Sylmar, CA. The organization was established in 2015. 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 Club 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 12/2019, Literacy Club generated $80.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $70.5k during the year ending 12/2019. While expenses have increased by 4.9% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Pollard Vice Preside | 8 | $0 | |
Douglas Chadwick President | 8 | $0 | |
Jean Chadwick Treasurer | 8 | $0 | |
Kandall Mccollum Secretary | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,096 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,096 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,417 |
| Occupancy, rent, utilities, and maintenance | $19,525 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,601 |
| Total expenses | $70,543 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,875 |
| Other assets | $0 |
| Total assets | $22,875 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,875 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Literacy Club has recieved totaling $60.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $60 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Native Pacific Education And Culture Kapolei, HI | $1,941,780 | $5,639,876 |
San Joaquin A Plus Inc Stockton, CA | $3,892,784 | $3,942,790 |
Make Way For Books Tucson, AZ | $2,670,198 | $2,705,326 |
United Through Reading San Diego, CA | $1,933,982 | $2,576,774 |
Tandem Partners In Early Learning San Francisco, CA | $1,207,894 | $2,135,047 |
Developments In Literacy Inc Irvine, CA | $1,716,599 | $2,242,453 |
The Riordan Foundation South Pasadena, CA | $13,591,111 | $7,320,901 |
Arpan Foundation Incorporated Diamond Bar, CA | $1,095,710 | $1,209,090 |
Read Better Be Better Phoenix, AZ | $1,920,458 | $1,563,168 |
Oakland Literacy Coalition Oakland, CA | $916,422 | $1,367,279 |
916 Ink Sacramento, CA | $593,574 | $1,036,980 |
Street Poets Inc Los Angeles, CA | $3,067,922 | $2,123,543 |