Blue Ridge Literacy Council Inc
- Assets
- $192.1k
- Revenue
- $258.4k
- Investments
- $0.0
- Employees
- 8
- Location
- Hendersonville, NC
- Founding
- 12/1990
- Data as of
- 06/2023
- EIN
- 56-1691110
Organization Overview
Blue Ridge Literacy Council Inc, operating under the name Literacy Connection, is located in Hendersonville, NC. The organization was established in 1990. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2023, Literacy Connection employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Connection 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 06/2023, Literacy Connection generated $258.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $281.8k during the year ending 06/2023. While expenses have increased by 3.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LITERACY CONNECTION IS DEDICATED TO TRANSFORMING LIVES BY CULTIVATING LITERACY SKILLS THAT PROMOTE SOCIAL AND ECONOMIC SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LITERACY CONNECTION'S MISSION IS TO HELP PEOPLE TRANSFORM THEIR LIVES BY CULTIVATING LITERACY SKILLS THAT PROMOTE ECONOMIC AND SOCIAL SUCCESS. TO DO THAT, THE LITERACY CONNECTION PROVIDES AN EMPLOYMENT EDUCATION PROGRAM, A TEEN PROGRAM, A FAMILY LITERACY PROGRAM, AND A PROGRAM ON DIGITAL LITERACY. CLASSES ARE TAUGHT BY THE COMMUNITY AND VOLUNTEER TUTORS WHO GO THROUGH PROGRAM-SPECIFIC TRAINING.
IN THE FISCAL YEAR JULY 1, 2022 - JUNE 30, 2023, THE LITERACY CONNECTION SERVED 159 STUDENTS, TRAINED 32 NEW TUTORS, HAD 28 COMMUNITY MEMBERS ATTEND VOLUNTEER ORIENTATION, AND WORKED WITH FOUR OFFICE VOLUNTEERS. THE TUTORS LOGGED 3,853 INSTRUCTIONAL HOURS, AND STUDENTS LOGGED 3,188 INSTRUCTIONAL HOURS.
ALL STUDENTS, ADULTS, AND TEENS, MUST HAVE GOALS TOWARD WHICH THEY ARE ACTIVELY WORKING WITH THEIR TUTORS. IN THE FISCAL YEAR 2022-2023, 44 STUDENTS ACHIEVED AT LEAST ONE OF THEIR GOALS. THIS INCLUDES 12 WHO EITHER GOT A BETTER JOB OR RECEIVED A RAISE OR PROMOTION AT THEIR CURRENT JOB, 14 STUDENTS WHO OBTAINED UNITED STATES CITIZENSHIP, AND 15 WHO INCREASED THEIR INVOLVEMENT IN THEIR CHILDREN'S EDUCATIONAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katrina Mcguire Executive Director | Officer | 40 | $61,372 |
Daniel Hein President | OfficerTrustee | 1 | $0 |
Milton Butterworth Immediate Past President | OfficerTrustee | 1 | $0 |
Kim Hinkelman Vice President | OfficerTrustee | 1 | $0 |
Tracy Dyer Treasurer | OfficerTrustee | 1 | $0 |
Caroline Patterson Secretary | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $36,079 |
| Membership dues | $0 |
| Fundraising events | $4,085 |
| Related organizations | $0 |
| Government grants | $17,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $185,734 |
| Noncash contributions included in lines 1a–1f | $2,885 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $243,798 |
| Total Program Service Revenue | $5,875 |
| Investment income | $7,362 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $272 |
| Net Income from Fundraising Events | $1,101 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $258,408 |
| 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. | $63,083 |
| Compensation of current officers, directors, key employees. | $6,939 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $126,054 |
| Pension plan accruals and contributions | $1,692 |
| Other employee benefits | $8,885 |
| Payroll taxes | $14,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,759 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,252 |
| Fees for services: Other | $2,892 |
| Advertising and promotion | $7,378 |
| Office expenses | $6,682 |
| Information technology | $6,848 |
| Royalties | $0 |
| Occupancy | $8,829 |
| Travel | $5,074 |
| 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 | $1,212 |
| Insurance | $3,268 |
| All other expenses | $7,684 |
| Total functional expenses | $281,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,070 |
| Savings and temporary cash investments | $40,077 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $738 |
| 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 | $4,870 |
| Investments—publicly traded securities | $135,320 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $192,075 |
| Accounts payable and accrued expenses | $8,489 |
| 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 | $8,489 |
| Net assets without donor restrictions | $115,014 |
| Net assets with donor restrictions | $68,572 |
| 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 | $192,075 |