Gaston Literacy Council Inc
- Assets
- $159.4k
- Revenue
- $366.8k
- Investments
- $0.0
- Employees
- 13
- Location
- Gastonia, NC
- Founding
- 12/1986
- Data as of
- 06/2021
- EIN
- 58-1665789
Organization Overview
Gaston Literacy Council Inc is located in Gastonia, NC. The organization was established in 1986. 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, Gaston Literacy Council Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gaston 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, Gaston Literacy Council Inc generated $366.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $314.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 years. 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
INCREASE LITERACY IN GASTON COUNTY BY PROVIDING BASIC SKILLS ASSESSMENTS, INSTRUCTION AND MATERIALS TO STUDENTS, AND TUTOR TRAINING AND MATERIALS TO VOLUNTEERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TRAINING TO VOLUNTEERS AND COORDINATE VOLUNTEERS WITH CLIENTS. PROVIDE LITERACY MATERIALS TO THE CLIENTS AND VOLUNTEERS.
PROVIDE STUDENT SERVICES, INCLUDING ASSESSMENTS, COUNSELING, AND TEACHING LITERACY CLASSES.
VOLUNTEER AND STUDENT RECOGNITION PROGRAMS, AWARENESS PROGRAMS, AND NEWSLETTERS. OBJECTIVE: INCREASE RECRUITMENT AND RETENTION OF VOLUNTEERS AND CLIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Mcconnell Executive Di | Officer | 40 | $61,800 |
David Poston Chair | OfficerTrustee | 1 | $0 |
Lil Summerville Secretary | OfficerTrustee | 1 | $0 |
Kathleen Boyce Vice Chair | OfficerTrustee | 1 | $0 |
Chris Mills Treasurer | OfficerTrustee | 1 | $0 |
Marianna Davis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $365,387 |
| Investment income | $190 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$325 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $366,828 |
| Statement of Expenses | |
|---|---|
| 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. | $61,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $137,345 |
| Pension plan accruals and contributions | $4,909 |
| Other employee benefits | $20,707 |
| Payroll taxes | $15,302 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,622 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,628 |
| Office expenses | $10,871 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,665 |
| 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 | $2,205 |
| Insurance | $3,734 |
| All other expenses | $0 |
| Total functional expenses | $314,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202 |
| Savings and temporary cash investments | $105,595 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $159,414 |
| 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 | $2,543 |
| Total liabilities | $2,543 |
| 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 |
| Total liabilities and net assets/fund balances | $156,871 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Gaston Literacy Council Inc has recieved totaling $72,485.
| Awarding Organization | Amount |
|---|---|
United Way Of Gaston County Inc Gastonia, NC PURPOSE: GENERAL SUPPORT | $65,000 |
Carrie E And Lena V Glenn Foundation Inc Gastonia, NC PURPOSE: STUDENT INSTRUCTIONAL MATERIALS | $4,980 |
Charles & Irene Nanney Fdn Raleigh, NC PURPOSE: EDUCATION | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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|---|---|---|
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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 |