Lafayette County Literacy Council
- Assets
- $79.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oxford, MS
- Founding
- 07/1996
- Data as of
- 12/2021
- EIN
- 64-0872385
Organization Overview
Lafayette County Literacy Council is located in Oxford, MS. The organization was established in 1996. 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. Lafayette County Literacy Council 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 12/2021, Lafayette County Literacy Council generated $88.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $84.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Neff Director | 4 | $0 | |
Alex Sanders Treasurer | 4 | $0 | |
Mary Moreton Director | 4 | $0 | |
Rebecca Cleary Director | 4 | $0 | |
Sally Quong Director | 4 | $0 | |
Sarah Mclellan Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,170 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,032 |
| Other Revenue | $0 |
| Total Revenue | $88,226 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,199 |
| Professional fees and other payments to independent contractors | $5,063 |
| Occupancy, rent, utilities, and maintenance | $31,580 |
| Printing, publications, postage, and shipping | $125 |
| Other expenses | $1,758 |
| Total expenses | $84,725 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,485 |
| Other assets | $0 |
| Total assets | $78,996 |
| Total liabilities | $4,077 |
| Net assets or fund balances | $74,919 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Lafayette County Literacy Council has recieved totaling $19,043.
| Awarding Organization | Amount |
|---|---|
United Way Of Oxford-Lafayette County Inc Oxford, MS PURPOSE: LOCAL AGENCY ASST | $10,000 |
Dollar General Literacy Foundation Goodlettsville, TN PURPOSE: ADULT LITERACY | $9,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $43 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Preston Taylor Ministries Nashville, TN | $1,787,100 | $1,982,481 |
Book Em Nashville, TN | $633,279 | $1,103,877 |
Literacy Council Of Southwest Louisiana Inc Lake Charles, LA | $245,946 | $785,766 |
Stair Of Birmingham Birmingham, AL | $280,779 | $590,806 |
Adult Learning Alliance Inc Little Rock, AR | $466,955 | $413,741 |
Arise2read Memphis, TN | $726,985 | $462,773 |
Start The Adventure In Reading Inc New Orleans, LA | $288,022 | $448,766 |
Desiring Advancement Overseas Inc Sale Creek, TN | $84,125 | $351,325 |
Noura International Cleveland, TN | $25,745 | $0 |
Friends Of Literacy Inc Knoxville, TN | $212,789 | $263,825 |
Read To Succeed Inc Murfreesboro, TN | $69,914 | $219,564 |
Community Of St Therese Of Lisieux Memphis, TN | $363,827 | $0 |