Literacy Lab
- Assets
- $23.3m
- Revenue
- $29.2m
- Investments
- $0.0
- Employees
- 709
- Location
- Washington, DC
- Founding
- 05/2010
- Data as of
- 07/2022
- EIN
- 27-1777117
Organization Overview
Literacy Lab is located in Washington, DC. The organization was established in 2010. 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 07/2022, Literacy Lab employed 709 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Lab 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 07/2022, Literacy Lab generated $29.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.6% each year . All expenses for the organization totaled $15.3m during the year ending 07/2022. While expenses have increased by 28.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE LITERACY LAB PROVIDES STUDENTSIN COMMUNITIES EXPERIENCING RACIAL AND/OR ECONOMIC INEQUITIESWITH EVIDENCE-BASED, CULTURALLY RESPONSIVE LITERACY INSTRUCTION AS PREPARATION FOR ACADEMIC, PROFESSIONAL, AND PERSONAL SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LITERACY LAB SERVES CHILDREN FROM AGE THREE THROUGH GRADE THREE. WE PARTNER WITH SCHOOL DISTRICTS TO HELP CLOSE THE LITERACY GAP LARGELY BY EMBEDDING FULL-TIME, RIGOROUSLY-TRAINED TUTORS IN EARLY CHILDHOOD CENTERS AND ELEMENTARY SCHOOLS.THE LITERACY LAB OFFERS PROGRAM SERVICES WHICH INCLUDE: SCHOOL DAY LITERACY INTERVENTION, THE LEADING MEN FELLOWSHIP, AND A FAMILY LITERACY PROGRAM FOR HOMELESS FAMILIES. IN FY 2022, THE ORGANIZATION SERVED OVER 5,200 CHILDREN IN WASHINGTON, DC; ALEXANDRIA, VA; BALTIMORE, MD; KANSAS CITY, MO, RICHMOND, VA, SPRINGFIELD, MA, AND MILWAUKEE, WI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Jenkins CEO | OfficerTrustee | 40 | $191,153 |
Allen W Hess CFO | Officer | 40 | $126,082 |
Matt Orlins Effective 5922 Chief Ext. R | Officer | 40 | $113,394 |
Sarah Reape Chief Region | Officer | 40 | $109,727 |
Henriette Recny Effective 81621 COO | Officer | 40 | $48,533 |
Mia Harding Effective 81621 Chief Impact | Officer | 40 | $43,533 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,907,094 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,217,409 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,124,503 |
| Total Program Service Revenue | $4,109,737 |
| Investment income | $5,226 |
| 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 | $29,239,466 |
| 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. | $664,045 |
| Compensation of current officers, directors, key employees. | $264,415 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,491,983 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $745,110 |
| Payroll taxes | $893,966 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,550 |
| Fees for services: Lobbying | $394,867 |
| Fees for services: Fundraising | $79,860 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $300,185 |
| Advertising and promotion | $37,258 |
| Office expenses | $245,182 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $312,176 |
| Travel | $28,080 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,739 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,292 |
| Insurance | $51,643 |
| All other expenses | $0 |
| Total functional expenses | $15,285,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,685,556 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $11,263,113 |
| Accounts receivable, net | $980,705 |
| 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 | $297,489 |
| Net Land, buildings, and equipment | $77,038 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,877 |
| Total assets | $23,333,778 |
| Accounts payable and accrued expenses | $545,075 |
| 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 | $47,617 |
| Total liabilities | $592,692 |
| Net assets without donor restrictions | $18,432,086 |
| Net assets with donor restrictions | $4,309,000 |
| 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 | $23,333,778 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Literacy Lab has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Lockhart Vaughan Foundation Inc Baltimore, MD PURPOSE: EDUCATION: LITERACY TUTORING IN BALTIMORE PUBLIC SCHOOLS. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Literacy Lab Washington, DC | $23,333,778 | $29,239,466 |
Civic Works Inc Baltimore, MD | $12,483,552 | $12,764,474 |
Reading Is Fundamental Inc Washington, DC | $22,372,600 | $16,088,590 |
Congress Heights Community Training And Development Corporation Washington, DC | $6,347,487 | $3,189,279 |
The Washington Commanders Charitable Foundation Inc Ashburn, VA | $1,361,978 | $1,048,751 |
Free Minds Book Club & Writing Workshop Washington, DC | $2,522,184 | $2,082,941 |
We Need Diverse Books Bethesda, MD | $1,284,821 | $1,729,399 |
Reach Inc Norfolk, VA | $511,783 | $670,333 |
Ivymount at the Stevens School Inc Rockville, MD | $0 | $35 |
Virginia Literacy Foundation Richmond, VA | $674,835 | $577,726 |
Engaged Community Offshoots Riverdale, MD | $432,509 | $281,607 |
Colombia Progresa Corporation Bethesda, MD | $225,848 | $436,849 |