Center For Sound Literacy Foundation

Organization Overview

Center For Sound Literacy Foundation is located in Kentwood, MI. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Center For Sound Literacy Foundation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Sound Literacy Foundation 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, Center For Sound Literacy Foundation generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 48.9% each year . All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 24.6% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO RECEIVE AND ADMINISTER A FUND EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, RELIGIOUS, SCIENTIFIC OR LITERARY PURPOSES AND TO PURSUE THESE PURPOSES EITHER THROUGH DIRECT OPERATIONS OR BY MAKING GRANTS AND CONTRIBUTIONS TO ORGANIZATION THAT QUALIFY AS EXEMPT ORGANIZATIONS. THE SPECIFIC PURPOSES, ACTIVITIES AND OBJECTIVES WILL BE FOCUSED PRIMARILY ON EDUCATION AND ADVANCING LITERACY, SCHOOLS AND MAKING GRANTS TO EDUCATIONAL ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDED AN INTENSIVE LITERACY PROGRAM FOR HIGH-RISK AND UNDERPRIVILEDGED STUDENTS AND PROVIDED HANDS-ON SUPPORT TO READ AT GRADE LEVEL OR ABOVE.


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Board, Officers & Key Employees

Name (title)Compensation
John C Kennedy III
President
$0
Nancy Kennedy
Treasurer
$0
Angela O'brien
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $191,590
All other contributions, gifts, grants, and similar amounts not included above$4,916,744
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,108,334
Total Program Service Revenue$0
Investment income $21,131
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,129,465

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