Adult Literacy League Inc
- Assets
- $738.2k
- Revenue
- $670.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Winter Park, FL
- Founding
- 07/1983
- Data as of
- 12/2022
- EIN
- 23-7076600
Organization Overview
Adult Literacy League Inc is located in Winter Park, FL. The organization was established in 1983. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adult Literacy League 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, Adult Literacy League Inc generated $670.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $441.6k 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
WE SERVE BY BUILDING A LITERATE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LITERACY HAS THE POWER TO REDUCE CRIME, UNEMPLOYMENT, DISCRIMINATION, INJUSTICE, AND DEPENDENCE ON PUBLIC ASSISTANCE. THE MEN AND WOMEN WHO GATHER THEIR COURAGE AND COME TO THE ADULT LITERACY LEAGUE DESPERATELY WANT TO LEARN AND ARE WILLING TO COMMIT TO LONG HOURS STUDYING EACH WEEK. THE ONE-TO-ONE AND SMALL GROUP TUTORING PROGRAM HELPS MEN AND WOMEN BUILD A BETTER LIFE WHEN THEY ACQUIRE THE LITERACY SKILLS THAT MANY OF US TAKE FOR GRANTED. THEIR WORLD EXPANDS WHEN THEY CAN FILL OUT A JOB APPLICATION,IMPROVE EMPLOYMENT SKILLS,OPEN A BANK ACCOUNT,REGISTER TO VOTE, USE A COMPUTER, READ TO THEIR CHILDREN, OR EARN THEIR GED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gina Solomon Executive Director | Officer | 40 | $90,402 |
Ashley Cusimano President | OfficerTrustee | 3 | $0 |
Zach Lynn Vice President | OfficerTrustee | 3 | $0 |
Sarah Howard Treasurer | OfficerTrustee | 3 | $0 |
Elaine Lerner Secretary | OfficerTrustee | 3 | $0 |
Amanda Lott Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $49,479 |
| Related organizations | $0 |
| Government grants | $51,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $544,223 |
| Noncash contributions included in lines 1a–1f | $3,437 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $645,202 |
| Total Program Service Revenue | $20,459 |
| Investment income | $524 |
| 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 | $2,175 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $670,651 |
| 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. | $91,052 |
| Compensation of current officers, directors, key employees. | $7,284 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $203,617 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,983 |
| Payroll taxes | $22,555 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,670 |
| Advertising and promotion | $180 |
| Office expenses | $14,884 |
| Information technology | $22,721 |
| Royalties | $0 |
| Occupancy | $25,748 |
| Travel | $4,202 |
| 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 | $5,887 |
| Insurance | $7,605 |
| All other expenses | $0 |
| Total functional expenses | $441,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,688 |
| Savings and temporary cash investments | $328,318 |
| Pledges and grants receivable | $69,953 |
| 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 | $5,337 |
| Prepaid expenses and deferred charges | $6,311 |
| Net Land, buildings, and equipment | $5,828 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $81,814 |
| Total assets | $738,249 |
| Accounts payable and accrued expenses | $2,724 |
| 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 | $65,899 |
| Total liabilities | $68,623 |
| Net assets without donor restrictions | $345,086 |
| Net assets with donor restrictions | $324,540 |
| 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 | $738,249 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Adult Literacy League Inc has recieved totaling $79,607.
| Awarding Organization | Amount |
|---|---|
Universal Orlando Foundation Inc Orlando, FL PURPOSE: EDUCATION FOR ALL! | $25,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $10,000 |
Dollar General Literacy Foundation Goodlettsville, TN PURPOSE: ADULT LITERACY | $8,000 |
Random Tuesday Inc Guilford, CT PURPOSE: GENERAL SUPPORT | $6,535 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $6,000 |
Heart Of Florida United Way Orlando, FL PURPOSE: COMMUNITY BENEFIT | $5,666 |
Endowment Analysis
| Beg. Balance | $16,661 |
| Earnings | -$2,746 |
| Ending Balance | $13,915 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Literacy Council Of Central Alabama Birmingham, AL | $983,989 | $893,469 |
Florida Literacy Coalition Inc Maitland, FL | $1,142,094 | $490,933 |
Adult Literacy League Inc Winter Park, FL | $738,249 | $670,651 |
South Baldwin Literacy Council Foley, AL | $280,462 | $254,094 |
Learn To Read Of St Johns County Inc Saint Augustine, FL | $104,740 | $84,608 |
Columbus Literate Community Program Inc Columbus, GA | $55,978 | $0 |
Gainesville-Hall County Alliance For Literacy Inc Gainesville, GA | $130,094 | $0 |