Literacy Volunteers Of Morris County Inc
- Assets
- $398.0k
- Revenue
- $239.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Morristown, NJ
- Founding
- 09/2004
- Data as of
- 12/2022
- EIN
- 22-2815591
Organization Overview
Literacy Volunteers Of Morris County Inc is located in Morristown, NJ. 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 12/2022, Literacy Volunteers Of Morris County Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Volunteers Of Morris County Inc 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, Literacy Volunteers Of Morris County Inc generated $239.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $231.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LITERACY VOLUNTEERS OF MORRIS COUNTY BELIEVES THAT THE ABILITY TO READ, WRITE, COMPREHEND AND SPEAK ENGLISH IS ESSENTIAL FOR PERSONAL FREEDOM AND THE SUSTAINABILITY OF A DEMOCRATIC SOCIETY. OUR MISSION IS TO PROVIDE FREE INSTRUCTION TO MORRIS COUNTY ADULTS IN LITERACY, ENGLISH FLUENCY AND AMERICAN CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RECRUIT, TRAIN AND MATCH VOLUNTEERS TO TEACH BASIC LITERACY AND ENGLISH AS A SECOND LANGUAGE TO ADULTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Leon Executive Director | Officer | 25 | $66,797 |
Danielle Shannon Secretary | OfficerTrustee | 1 | $0 |
Emi Chalker President | OfficerTrustee | 1 | $0 |
Allison Clark Treasurer | OfficerTrustee | 1 | $0 |
Susan Ticker Vice President | OfficerTrustee | 1 | $0 |
Jen Nolan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $39,345 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $195,931 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $235,276 |
| Total Program Service Revenue | $0 |
| Investment income | $4,417 |
| 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 | $239,693 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,797 |
| Compensation of current officers, directors, key employees. | $33,399 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,184 |
| Pension plan accruals and contributions | $3,749 |
| Other employee benefits | $0 |
| Payroll taxes | $12,479 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,915 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,825 |
| Information technology | $8,586 |
| Royalties | $0 |
| Occupancy | $38,881 |
| Travel | $0 |
| 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 | $2,529 |
| Insurance | $2,481 |
| All other expenses | $0 |
| Total functional expenses | $231,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,216 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,434 |
| Net Land, buildings, and equipment | $5,836 |
| Investments—publicly traded securities | $188,161 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $92,376 |
| Total assets | $398,023 |
| Accounts payable and accrued expenses | $3,685 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $83,916 |
| Total liabilities | $87,601 |
| Net assets without donor restrictions | $310,422 |
| Net assets with donor restrictions | $0 |
| 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 | $398,023 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Literacy Volunteers Of Morris County Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Rochkind Wagner Foundation Morristown, NJ PURPOSE: VOLUNTEER LANGUAGE AND LITERACY TUTORING | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Practising Law Institute New York, NY | $169,437,578 | $109,173,484 |
Workforce Development Institute Inc Albany, NY | $2,796,326 | $10,204,057 |
United For Respect Education Fund Brooklyn, NY | $7,552,270 | $7,410,651 |
1st Street Foundation Inc Brooklyn, NY | $4,623,074 | $8,726,760 |
Local Union 164 Electrical Joint Apprenticeship And Training Trust Paramus, NJ | $19,017,559 | $4,299,279 |
Leading Edge Alliance Inc New York, NY | $10,397,327 | $8,264,467 |
Chronic Liver Disease Foundation Inc Clark, NJ | $1,027,147 | $3,658,520 |
Read To Lead Inc New York, NY | $3,901,385 | $3,177,958 |
Resource Training Center Inc Staten Island, NY | $1,509,183 | $2,732,050 |
Institute Of Classical Architecture And Art Inc New York, NY | $5,800,944 | $3,154,717 |
Literacy West Ny Inc Belmont, NY | $671,461 | $2,695,039 |
Institute Foundation Inc New York, NY | $1,481,430 | $2,888,520 |