Valencia County Literacy Council
- Assets
- $50.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 9
- Location
- Tome, NM
- Founding
- 02/2004
- Data as of
- 06/2024
- EIN
- 85-0371478
Organization Overview
Valencia County Literacy Council is located in Tome, NM. The organization was established in 2004. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2024, Valencia County Literacy Council employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valencia 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 06/2024, Valencia County Literacy Council generated $105.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $93.0k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
VCLCS MISSION IS TO ENABLE ADULTS TO ACHIEVE PERSONAL GOALSAND VERY YOUNG CHILDREN TO ACHIEVE PRE-LITERACY SKILLS THROUGHLITERACY SERVICES PROVIDED TO FAMILIES FREE OF CHARGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Walter President | 20 | $10,000 | |
Kathleen Pickering Vice President | 15 | $0 | |
Sandy Schauer Secretary | 15 | $0 | |
Dolores Sanchez Treasurer | 15 | $0 | |
Bertha Garcia Board Member | 5 | $0 | |
Fermin Lopez Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,232 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,400 |
| Total Revenue | $105,632 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,845 |
| Professional fees and other payments to independent contractors | $22,855 |
| Occupancy, rent, utilities, and maintenance | $960 |
| Printing, publications, postage, and shipping | $615 |
| Other expenses | $12,687 |
| Total expenses | $92,962 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,463 |
| Other assets | $0 |
| Total assets | $50,685 |
| Total liabilities | $558 |
| Net assets or fund balances | $50,127 |