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 12/2022, Lafayette County Literacy Council generated $123.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $100.6k during the year ending 12/2022. While expenses have increased by 7.2% 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Moreton Director | 4 | $0 | |
Kathy Neff Director | 4 | $0 | |
Sarah Scheldt Director | 4 | $0 | |
Sarah Siebert Director | 4 | $0 | |
Shanika Ward Director | 4 | $0 | |
Sarah Mclellan Executive Director | 4 | $34,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $74,055 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $25 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $49,105 |
Other Revenue | $0 |
Total Revenue | $123,185 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $44,476 |
Professional fees and other payments to independent contractors | $9,088 |
Occupancy, rent, utilities, and maintenance | $4,438 |
Printing, publications, postage, and shipping | $38,704 |
Other expenses | $3,864 |
Total expenses | $100,570 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $96,034 |
Other assets | $0 |
Total assets | $101,545 |
Total liabilities | $4,011 |
Net assets or fund balances | $97,534 |