The Palm Beach County Literacy Coalition Inc
- Assets
- $5.1m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 91
- Location
- Boynton Beach, FL
- Founding
- 08/1990
- Data as of
- 06/2022
- EIN
- 65-0169781
Organization Overview
The Palm Beach County Literacy Coalition Inc, operating under the name Literacy Coalition of PBC, is located in Boynton Beach, FL. The organization was established in 1990. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 06/2022, Literacy Coalition of PBC employed 91 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Coalition of PBC 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 Coalition of PBC generated $4.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $4.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Literacy Coalition of PBC has awarded 34 individual grants totaling $18,914,708. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DURING 2021-2022, THE LITERACY COALITION PROVIDED SERVICES TO OVER 49,867 PEOPLE IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PARENTCHILD+ PROGRAM:AN INTENSIVE HOME VISITING PROGRAM SUB-CONTRACTED WITH THREE AGENCIES THAT PROVIDE WEEKLY HOME VISITS FOR PARENTS AND CHILDREN IN NEED OF EMERGING LITERACY SKILLS. BOOKS AND EDUCATIONAL TOYS ARE GIVEN TO THE FAMILIES ALONG WITH INSTRUCTION ON HOW TO USE THESE ITEMS TO INCREASE VERBAL INTERACTION BETWEEN PARENT AND CHILD. CHILDREN'S SERVICES COUNCIL ELIMINATED THE "LEAD AGENCY' MODEL FOR THE PARENTCHILD+ PROGRAM AS OF SEPTEMBER 30, 2021 WHICH ENDED THE PROGRAM.
THE LITERACY AMERICORPS:RECRUITS, TRAINS AND SUPERVISES RECENT COLLEGE GRADUATES FROM ACROSS THE UNITED STATES TO SPEND A YEAR TUTORING, MENTORING, AND TEACHING IN PALM BEACH COUNTY.- 200 ADULT LEARNERS WERE ASSISTED WITH READING, ENGLISH AND EMPLOYABILITY SKILLS. - 1,030 AT-RISK YOUTH WERE COACHED, TUTORED AND MENTORED FOR ACADEMIC SUCCESS.- 84 CHILDREN RECEIVED TUTORING AND LITERACY ENRICHMENT TO IMPROVE READING SKILLS.- 156 CHILDREN AND YOUTH WERE PROVIDED WITH HOMEWORK HELP.
THE GLADES FAMILY EDUCATION PROGRAM:PROVIDES COMPREHENSIVE LITERACY TRAINING FOR ADULTS AND THEIR PRESCHOOL CHILDREN IN THE RURAL WESTERN COMMUNITIES OF PALM BEACH COUNTY.THE PROGRAM SERVED A TOTAL OF 83 ADULTS AND 13 CHILDREN.- 85% OF ADULT STUDENTS WHO WERE PRE AND POST TESTED, MADE SIGNIFICANT GAINS IN ONE OR MORE TESTED SKILLS (READING, LISTENING AND SPEAKING).- 100% OF THE PRESCHOOL AGED CHILDREN FROM THE PROGRAM DEMONSTRATED IMPROVEMENT IN THEIR LANGUAGE, COGNITIVE AND EARLY READING SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Calder CEO | Officer | 39.5 | $203,403 |
Trudy Crowetz Finance & Operations Direc | Officer | 39.5 | $103,018 |
Leonard Gray President | OfficerTrustee | 4 | $0 |
Mathew Criscuolo Treasurer | OfficerTrustee | 3 | $0 |
Bernadette O'grady Secretary | OfficerTrustee | 3 | $0 |
Laurie Gildan Vice President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $414,322 |
| Membership dues | $0 |
| Fundraising events | $447,099 |
| Related organizations | $0 |
| Government grants | $1,949,663 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,478,713 |
| Noncash contributions included in lines 1a–1f | $75,632 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,289,797 |
| Total Program Service Revenue | $174,512 |
| Investment income | $1,177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $39 |
| Net Income from Fundraising Events | -$80,067 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,385,458 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $927,967 |
| Grants and other assistance to domestic individuals. | $56,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $333,107 |
| Compensation of current officers, directors, key employees. | $34,692 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,389,962 |
| Pension plan accruals and contributions | $22,418 |
| Other employee benefits | $162,328 |
| Payroll taxes | $134,246 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,501 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $108,591 |
| Advertising and promotion | $2,942 |
| Office expenses | $83,442 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $121,415 |
| Travel | $13,810 |
| 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 | $113,965 |
| Insurance | $56,886 |
| All other expenses | $18,142 |
| Total functional expenses | $4,237,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,869,673 |
| Pledges and grants receivable | $148,500 |
| Accounts receivable, net | $153,250 |
| 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 | $38,202 |
| Net Land, buildings, and equipment | $2,742,729 |
| Investments—publicly traded securities | $100,250 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,052,604 |
| Accounts payable and accrued expenses | $95,513 |
| Grants payable | $0 |
| Deferred revenue | $8,000 |
| 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 | $103,513 |
| Net assets without donor restrictions | $4,513,004 |
| Net assets with donor restrictions | $436,087 |
| 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 | $5,052,604 |
Grants Awarded
Over the last fiscal year, The Palm Beach County Literacy Coalition Inc has awarded $927,967 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Boynton Beach, FL PURPOSE: Education and Literacy Enrichment | $300,000 |
West Palm Beach, FL PURPOSE: Education and Literacy Enrichment | $263,632 |
Lake Worth Beach, FL PURPOSE: Education and Literacy Enrichment | $222,946 |
Lake Worth, FL PURPOSE: Education and Literacy Enrichment | $141,389 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Palm Beach County Literacy Coalition Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Lawrence A Sanders Foundation Inc Boca Raton, FL PURPOSE: UNRESTRICTED DONATIONS | $40,000 |
Endowment Analysis
| Beg. Balance | $1,925,649 |
| Earnings | -$305,880 |
| Net Contributions | $300,025 |
| Ending Balance | $1,919,794 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Palm Beach County Literacy Coalition Inc Boynton Beach, FL | $5,052,604 | $4,385,458 |
Childrens Reading Center Inc Palatka, FL | $3,783,274 | $2,355,676 |
Read Usa Inc Atlantic Beach, FL | $1,550,513 | $2,569,007 |
Literacy Action Inc Atlanta, GA | $1,276,569 | $1,539,429 |
The Global Village Project Inc Decatur, GA | $2,051,230 | $1,459,701 |
Dream Center Of Lakeland Inc Lakeland, FL | $1,221,957 | $1,316,290 |
Classroom Champions Inc St Petersburg, FL | $339,187 | $761,169 |
Mufuka Private Foundation St Petersburg, FL | $0 | $176,252 |
Hollywood Educational And Literacy Project Miami Inc Miami, FL | $305,033 | $696,098 |
Team Up Mentoring Inc Monroe, GA | $139,641 | $683,392 |
Sing Out And Read Inc Tampa, FL | $87,490 | $575,102 |
Stair Of Birmingham Birmingham, AL | $280,779 | $590,806 |