Triangle South Literacy Works Inc
- Assets
- $3.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dunn, NC
- Founding
- 11/2002
- Data as of
- 06/2022
- EIN
- 56-1626281
Organization Overview
Triangle South Literacy Works Inc is located in Dunn, NC. The organization was established in 2002. 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. Triangle South Literacy Works 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 06/2022, Triangle South Literacy Works Inc generated $28.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $41.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
ADULT LITERACY CLASSES - TRAINED TUTORS PROVIDE READING AND WRITING INSTRUCTION AND OTHER RESOURCES INCLUDING INSTRUCTION AND MATERIALS TO ADULT BASIC EDUCATION STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claudia Farr Secretary/tr | 0 | $0 | |
Brian Allen Literacy Dir | 20 | $19,490 | |
Mike Williams Board Chair | 0 | $0 | |
Dr Oney Graham Director | 0 | $0 | |
Kimberly Hudson Director | 0 | $0 | |
Dr Nutan Varna Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,702 |
| 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 | $28,702 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,105 |
| Professional fees and other payments to independent contractors | $2,220 |
| Occupancy, rent, utilities, and maintenance | $5,306 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,247 |
| Total expenses | $41,878 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,068 |
| Other assets | $0 |
| Total assets | $3,452 |
| Total liabilities | $2,862 |
| Net assets or fund balances | $590 |