Rowan County Literacy Council Inc
- Assets
- $275.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salisbury, NC
- Founding
- 08/1977
- Data as of
- 12/2023
- EIN
- 59-1747169
Organization Overview
Rowan County Literacy Council Inc is located in Salisbury, NC. The organization was established in 1977. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, 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. Rowan County 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 12/2023, Rowan County Literacy Council Inc generated $161.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $183.6k during the year ending 12/2023. While expenses have increased by 7.0% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED INSTRUCTION TO ROWAN COUNTY RESIDENTS PRIMARILY THROUGH FOCUSING ON FREE AND CONFIDENTIAL ONE ON ONE (AND/OR SMALL GROUP) TUTORING BY TRAINED VOLUNTEER TUTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Doering President | 0 | $0 | |
Nan Lund Vice Preside | 0 | $0 | |
Macon Stewart Secretary | 0 | $0 | |
Carol Lewis Treasurer | 0 | $0 | |
Ana Livia Avila Araniba Director | 0 | $0 | |
Allison Doby Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,959 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,688 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $161,647 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $117,851 |
| Professional fees and other payments to independent contractors | $3,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $135 |
| Other expenses | $62,335 |
| Total expenses | $183,571 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $155,191 |
| Other assets | $0 |
| Total assets | $275,030 |
| Total liabilities | $3,419 |
| Net assets or fund balances | $271,611 |