Triangle Literacy Council Inc is located in Research Triangle Park, NC. The organization was established in 1971. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2021, Triangle Literacy Council Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Triangle Literacy Council 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 06/2021, Triangle Literacy Council Inc generated $672.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $756.8k during the year ending 06/2021. While expenses have increased by 6.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE TRIANGLE LITERACY COUNCIL IMPROVES THE LIVES OF ADULTS, YOUTH, AND FAMILIES THROUGH LITERACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRIANGLE LITERACY COUNCIL WORKS WITH APPROXIMATELY 1,000 ADULTS, YOUTH, AND FAMILIES, INCLUDING AT-RISK YOUTH, EACH YEAR THROUGH OUR SIX MAIN PROGRAMS: 1)THE JUVENILE LITERACY CENTER PROGRAM SUPPORTING AT-RISK AND COURT-INVOLVED YOUTH, 2) THE CONNECTIONS ONE-ON-ONE TUTORING PROGRAM WORKING WITH ILLITERATE ADULTS, 3) PROJECT LIFT ("LITERACY INSTRUCTION FOR FAMILIES TOGETHER") AIDING ESL FAMILIES,4) THE ENGLISH LITERACY CIVICS/ LIFE SKILLS PROGRAM FOR ESL ADULTS, 5) OUR DIGITAL INCLUSION PROJECT TARGETING THOSE WITHOUT INTERNET ACCESS AND/OR IN NEED OF COMPUTER TRAINING AND SKILLS, AND 6) OUR WORKFORCE DEVELOPMENT PROGRAM THAT TEACHES EDUCATION ALONG WITH WORKFORCE TRAINING TO ENABLE EMPLOYABILITY IN DESIRED CAREER FIELDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Walters President And CEO | Officer | 40 | $122,000 |
Leon Shargel Secretary | OfficerTrustee | 1 | $0 |
Ann Marie Calabria Board Chair | OfficerTrustee | 2 | $0 |
Don Hiller Vice Chair | OfficerTrustee | 2 | $0 |
Chris Cheney Treasurer | OfficerTrustee | 2 | $0 |
Britt Davis Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $950 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $510,534 |
All other contributions, gifts, grants, and similar amounts not included above | $67,185 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $578,669 |
Total Program Service Revenue | $93,606 |
Investment income | $54 |
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 | $672,329 |
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. | $140,791 |
Compensation of current officers, directors, key employees. | $26,826 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $316,107 |
Pension plan accruals and contributions | $2,354 |
Other employee benefits | $3,253 |
Payroll taxes | $36,260 |
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 | $94,344 |
Advertising and promotion | $0 |
Office expenses | $23,400 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $57,815 |
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 | $14,612 |
Insurance | $9,501 |
All other expenses | $0 |
Total functional expenses | $756,802 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $68,620 |
Savings and temporary cash investments | $190,212 |
Pledges and grants receivable | $355,428 |
Accounts receivable, net | $4,385 |
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 | $4,770 |
Net Land, buildings, and equipment | $35,079 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,545 |
Total assets | $663,039 |
Accounts payable and accrued expenses | $21,267 |
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 | $21,267 |
Net assets without donor restrictions | $289,079 |
Net assets with donor restrictions | $352,693 |
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 | $663,039 |
Over the last fiscal year, we have identified 2 grants that Triangle Literacy Council Inc has recieved totaling $33,354.
Awarding Organization | Amount |
---|---|
Youthbuild Usa Inc Roxbury, MA PURPOSE: TO CREATE A SOLID MENTORING COMPONENT IN YOUTHBUILD PROGRAMS.TO SUPPORT BUIL | $27,871 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,483 |
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 |