Literacy Together
- Assets
- $400.1k
- Revenue
- $462.4k
- Investments
- $0.0
- Employees
- 22
- Location
- Asheville, NC
- Founding
- 10/1993
- Data as of
- 06/2022
- EIN
- 58-1696409
Organization Overview
Literacy Together is located in Asheville, NC. The organization was established in 1993. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2022, Literacy Together employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Together 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, Literacy Together generated $462.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $443.1k during the year ending 06/2022. While expenses have increased by 4.8% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE COMPREHENSIVE LITERACY AND ENGLISH LANGUAGE SKILLS THROUGH SPECIALIZED INSTRUCTION BY TRAINED TUTORS AND ACCESS TO LITERACY RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DEVELOPS AND IMPLEMENTS TRAINING AND EDUCATIONAL PROGRAMS THAT INCREASE LITERACY AND ENGLISH LANGUAGE SKILLS AMONG PERSONS THROUGHOUT BUNCOMBE COUNTY, NORTH CAROLINA. WORK AND PROMOTIONAL ACTIVITIES INCLUDE BASIC CHILD AND ADULT LITERACY EDUCATION, ENGLISH AS A SECOND LANGUAGE EDUCATION THAT SUPPORTS CULTURAL INTEGRATION, AND BOOK GIFTING FOR PRE- KINDERGARTEN BABIES AND CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Threlkeld Exec Directo | Officer | 25 | $44,664 |
Ben Fehsenfeld Treasurer | OfficerTrustee | 2 | $0 |
Debbie Motz-Bryenton Vice Chair | OfficerTrustee | 2 | $0 |
Susan Perone Secretary | OfficerTrustee | 2 | $0 |
Marilyn Cortes Board Chair | OfficerTrustee | 5 | $0 |
Becky Stone Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $10,321 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $162,149 |
| All other contributions, gifts, grants, and similar amounts not included above | $209,098 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $381,568 |
| Total Program Service Revenue | $0 |
| Investment income | $133 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $77,615 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $462,425 |
| 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. | $44,664 |
| Compensation of current officers, directors, key employees. | $5,005 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $248,331 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,608 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,548 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,900 |
| Advertising and promotion | $0 |
| Office expenses | $9,609 |
| Information technology | $5,393 |
| Royalties | $0 |
| Occupancy | $39,742 |
| 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 | $449 |
| Insurance | $2,667 |
| All other expenses | $6,170 |
| Total functional expenses | $443,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,167 |
| Savings and temporary cash investments | $184,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,308 |
| 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 | $4,153 |
| Net Land, buildings, and equipment | $425 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $400,053 |
| Accounts payable and accrued expenses | $582 |
| Grants payable | $0 |
| Deferred revenue | $184,000 |
| 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 | $184,582 |
| Net assets without donor restrictions | $215,471 |
| 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 | $400,053 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Literacy Together has recieved totaling $2,600.
| Awarding Organization | Amount |
|---|---|
Elster Forbes Foundation Ballwin, MO PURPOSE: PROMOTE DONEE'S CHARITABLE MISSIONS | $2,500 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Athens Regional Physician Services Inc Athens, GA | $5,832,166 | $29,787,030 |
Isha Foundation Inc Mcminnville, TN | $77,293,567 | $29,444,562 |
John Marshall Online Inc Atlanta, GA | $11,713,924 | $9,257,448 |
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 |