Literacy Connections Of Wayne County Inc
- Assets
- $156.2k
- Revenue
- $239.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Goldsboro, NC
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 47-4594755
Organization Overview
Literacy Connections Of Wayne County Inc is located in Goldsboro, NC. The organization was established in 2017. According to its NTEE Classification (B60) the organization is classified as: Adult Education, 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 Connections Of Wayne County 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 12/2022, Literacy Connections Of Wayne County Inc generated $239.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.6% each year . All expenses for the organization totaled $208.2k during the year ending 12/2022. While expenses have increased by 29.4% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FREE LITERACY SERVICES TO THE COMMUNITY OF WAYNE COUNTY, NC, IN ORDER FOR ADULTS TO HAVE THE SKILLS TO SUCEED AT HOME AND IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASIC ADULT EDUCATION AND LIFE SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Bartlett Treasurer | Officer | 2 | $0 |
Charles Kirby Board Chair | Officer | 2 | $0 |
Jennifer Lewis Secretary | Officer | $0 | |
Selena Worrell Secretary | Officer | $0 | |
Suzie Acree Executive Di | Trustee | 40 | $0 |
Becky Craig Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $202,918 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,165 |
| Noncash contributions included in lines 1a–1f | $3,101 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $212,083 |
| Total Program Service Revenue | $0 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $27,742 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $239,833 |
| 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 | $166,262 |
| 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 | $13,323 |
| Advertising and promotion | $1,047 |
| Office expenses | $14,936 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,878 |
| Travel | $200 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,307 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,600 |
| Insurance | $2,428 |
| All other expenses | $247 |
| Total functional expenses | $208,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,054 |
| Savings and temporary cash investments | $10,046 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,266 |
| 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 | $9,817 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $156,183 |
| 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 | $8,394 |
| Total liabilities | $8,394 |
| Net assets without donor restrictions | $147,789 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $156,183 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Literacy Connections Of Wayne County Inc has recieved totaling $77,265.
| Awarding Organization | Amount |
|---|---|
United Way Of Wayne Co Inc Goldsboro, NC PURPOSE: FINANCIAL STABILITY | $53,015 |
Truist Foundation Inc Orlando, FL PURPOSE: GENERAL OPERATING | $15,000 |
Dollar General Literacy Foundation Goodlettsville, TN PURPOSE: ADULT LITERACY | $8,000 |
Mid Atlantic Foundation Goldsboro, NC PURPOSE: LOCAL LITERACY PROGRAMS | $650 |
E J Pope & Son Foundation Mt Olive, NC PURPOSE: GENERAL PURPOSE | $500 |
Borden Foundation Goldsboro, NC PURPOSE: PROGRAM SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Athens Regional Physician Services Inc Athens, GA | $5,832,166 | $29,787,030 |
Isha Foundation Inc Mcminnville, TN | $77,293,567 | $29,444,562 |
John Marshall Online Inc Atlanta, GA | $11,713,924 | $9,257,448 |
American Board For Certification In Orthotics & Prosthetics Inc Alexandria, VA | $27,674,862 | $8,130,856 |
Abraham J & Phyllis Katz Foundation Ua 060794 Newnan, GA | $48,678,737 | $4,412,136 |
Mid-South Carpenters Regional Council Training Trust Fund Chattanooga, TN | $11,869,784 | $4,623,435 |
The Virginia Center For Policing Innovation Richmond, VA | $3,512,046 | $2,842,385 |
Progressive Abilities Support Services Inc Savannah, GA | $457,648 | $2,076,851 |
Society Of Cardiovascular Computed Tomography Arlington, VA | $2,676,474 | $2,337,987 |
East Central Georgia Consortium Thomson, GA | $497,694 | $1,856,381 |
Center For Advancement And Study Of International Education Inc Atlanta, GA | $1,260,303 | $2,348,078 |
Community-Campus Partnerships For Health Raleigh, NC | $679,210 | $1,816,755 |