Literacy Action Inc
- Assets
- $0.0
- Revenue
- $187.5k
- Investments
- $0.0
- Employees
- 17
- Location
- Duluth, GA
- Founding
- 09/1968
- Data as of
- 06/2024
- EIN
- 58-1053728
Organization Overview
Literacy Action Inc, operating under the name Co Tillman Tax & Accounting Sv, is located in Duluth, GA. The organization was established in 1968. 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 06/2024, Co Tillman Tax & Accounting Sv employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Co Tillman Tax & Accounting Sv 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 06/2024, Co Tillman Tax & Accounting Sv generated $187.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (22.6%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD BETTER FUTURES BY EMPOWERING INDIVIDUALS WITH LITERACY, LIFE AND WORK SKILLS AND OUR VISION IS TO BREAK THE INTERGENERATIONAL CYCLE OF LOW LITERACY AND POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LITERACY ACTION WAS THE OLDEST AND LARGEST ADULT BASIC EDUCATION NONPROFIT IN THE SOUTHEAST, WITH CLASSES OFFERED AT ITS MAIN CAMPUS IN DOWNTOWN ATLANTA AS WELL AS AT SEVERAL COMMUNITY-BASED LOCATIONS THROUGHOUT THE METRO AREA. LITERACY ACTION PROVIDED TUITION-FREE AND STIGMA-FREE CLASSES IN ADULT BASIC EDUCATION, WHICH INCLUDED READING AND LANGUAGE ARTS, WRITING, MATHEMATICS, HSE PREPARATION, FAMILY LITERACY, DIGITAL LITERACY, ENGLISH AS A SECOND LANGUAGE (ESL), AND WORKFORCE LITERACY. THE ORGANIZATION CEASED OPERATIONS IN 2023, WITH THE FINAL ADULT EDUCATION CLASSES ENDING JULY 21, 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Totonchi Interim Executive Director | 30 | $26,000 | |
Blake Mcdaniel Chair | OfficerTrustee | 5 | $0 |
Winnifer Cox Trustee | 0 | $0 | |
Rohan Edwards Trustee | 0 | $0 | |
Jeanette Chuquiure Crawford Trustee | 0 | $0 | |
Cassandra Seibles Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,572 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,387 |
| Noncash contributions included in lines 1a–1f | $5,807 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,959 |
| Total Program Service Revenue | $127,363 |
| Investment income | $11,725 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,318 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $187,479 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $293,342 |
| 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 | $314,739 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,288 |
| Payroll taxes | $24,118 |
| Fees for services: Management | $26,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $71,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,389 |
| Fees for services: Other | $580 |
| Advertising and promotion | $75 |
| Office expenses | $715 |
| Information technology | $3,390 |
| Royalties | $0 |
| Occupancy | $338,747 |
| 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 | $23,068 |
| Insurance | $6,752 |
| All other expenses | $15,629 |
| Total functional expenses | $1,219,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Literacy Action Inc has awarded $293,342 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGIA STATE UNIVERSITY FOUNDATION PURPOSE: BASIC ADULT EDUCATION OUTREACH | $88,000 |
LA AMISTAD PURPOSE: GENERAL SUPPORT | $29,342 |
GOODWILL OF NORTH GEORGIA PURPOSE: GENERAL SUPPORT | $88,000 |
URBAN LEAGUE OF GREATER ATLANTA PURPOSE: ADULT BASIC EDUCATION PROGRAMMING | $88,000 |