Moore County Literacy Council Inc
- Assets
- $73.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 9
- Location
- Southern Pines, NC
- Founding
- 10/1987
- EIN
- 56-1567404
Organization Overview
Moore County Literacy Council Inc is located in Southern Pines, NC. The organization was established in 1987. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 06/2021, Moore County Literacy Council Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moore County 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 undefined, Moore County Literacy Council Inc generated $122.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (17.7%) each year. All expenses for the organization totaled $91.3k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (25.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
PROVIDE LITERACY TRAINING FOR ADULTS WITH GRANTS FROMPUBLIC, PRIVATE AND GOVERNMENTAL AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Talk President | 0.5 | $0 | |
Doug Gill Vice-President | 0.5 | $0 | |
Andrew Lyons Treasurer | 0.5 | $0 | |
Steve Daskal Director | 0.5 | $0 | |
John Elmore Director | 0.5 | $0 | |
Karen Reese May Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,317 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $274 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,705 |
| Other Revenue | $507 |
| Total Revenue | $122,803 |
| Statement of Expenses | |
|---|---|
| Total expenses | $91,264 |
| Balance Sheet | |
|---|---|
| Total assets | $73,032 |
| Total liabilities | $17,636 |
| Net assets or fund balances | $55,396 |