Marion County Literacy Council Inc
- Assets
- $917.1k
- Revenue
- $238.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Ocala, FL
- Founding
- 02/2002
- Data as of
- 06/2022
- EIN
- 60-0000676
Organization Overview
Marion County Literacy Council Inc is located in Ocala, FL. The organization was established in 2002. 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, Marion County Literacy Council Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marion 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 06/2022, Marion County Literacy Council Inc generated $238.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $148.2k during the year ending 06/2022. While expenses have increased by 1.0% 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 WORK ON A ONE TO ONE BASIS WITH INDIVIDUALS TO IMPROVE THEIR BASIC LITERARY SKILLS, PROVIDE LITERACY CONSULTATIONS AND REFERRALS, AND WORK WITH OTHER COMMUNITY GROUPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE LITERACY THROUGH RECRUITING AND TRAINING VOLUNTEER TUTOORS TO WORK ON A ONE-TO-ONE BASIS WITH INDIVIDUALS TO IMPROVE THEIR BASIC LITERACY SKILLS, PROVIDE LITERACY CONSULTATIONS AND REFERRALS, AND WORK WITH OTHER ORGANIZATIONS TO IDENTIFY LITERACY NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Boggs Treasurer | OfficerTrustee | 2 | $0 |
Bradford Tropello Vice Preside | OfficerTrustee | 1 | $0 |
Robert Jenkins President | OfficerTrustee | 10 | $0 |
Adam Woods Director | Trustee | 1 | $0 |
Sara Blend Secretary | Trustee | 1 | $0 |
Ashley Dowler Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $230,925 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $242,625 |
| Total Program Service Revenue | $0 |
| Investment income | $334 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,568 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $238,391 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,921 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,838 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,179 |
| Advertising and promotion | $531 |
| Office expenses | $9,547 |
| Information technology | $4,150 |
| Royalties | $0 |
| Occupancy | $13,891 |
| Travel | $128 |
| 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 | $17,718 |
| Insurance | $8,239 |
| All other expenses | $645 |
| Total functional expenses | $148,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,412 |
| 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 | $1,932 |
| Net Land, buildings, and equipment | $614,712 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $917,056 |
| 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 | $2,532 |
| Total liabilities | $2,532 |
| Net assets without donor restrictions | $914,524 |
| 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 | $917,056 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Marion County Literacy Council Inc has recieved totaling $57,625.
| Awarding Organization | Amount |
|---|---|
David And Lisa Midgett Foundation Corporation Ocala, FL PURPOSE: SUPPORT OF LITERACY | $20,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $17,845 |
Palmer Foundation Inc Ocala, FL PURPOSE: GENERAL FUND | $10,000 |
Dollar General Literacy Foundation Goodlettsville, TN PURPOSE: ADULT LITERACY | $8,000 |
Browder Family Foundation Ocala, FL PURPOSE: GENERAL OPERATING | $1,000 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $595 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Medical Learning Institute Inc Tarpon Springs, FL | $9,314,882 | $36,728,738 |
Athens Regional Physician Services Inc Athens, GA | $5,832,166 | $29,787,030 |
American Maritime Officers Safety & Education Plan Dania Beach, FL | $9,015,305 | $20,171,131 |
John Marshall Online Inc Atlanta, GA | $11,713,924 | $9,257,448 |
Abraham J & Phyllis Katz Foundation Ua 060794 Newnan, GA | $48,678,737 | $4,412,136 |
Alabama Partnership For Children Montgomery, AL | $2,774,532 | $6,902,612 |
Continuing Education Company Palm Coast, FL | $2,142,823 | $4,620,080 |
Spanish American Basic Education And Rehabilitation Inc Saber Miami, FL | $1,202,159 | $3,782,505 |
I E C Social Educational & Humanitarian Aid Inc Orlando, FL | $3,778,105 | $3,335,745 |
Tampa Bay Innovation Hub Inc Tampa, FL | $14,630,343 | $4,568,115 |
Progressive Abilities Support Services Inc Savannah, GA | $457,648 | $2,076,851 |
East Central Georgia Consortium Thomson, GA | $497,694 | $1,856,381 |