Family Literacy Center
- Assets
- $501.9k
- Revenue
- $372.5k
- Investments
- $0.0
- Employees
- 12
- Location
- Lapeer, MI
- Founding
- 10/1991
- Data as of
- 12/2021
- EIN
- 38-2642247
Organization Overview
Family Literacy Center is located in Lapeer, MI. The organization was established in 1991. As of 12/2021, Family Literacy Center employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Literacy Center 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 12/2021, Family Literacy Center generated $372.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $333.6k during the year ending 12/2021. While expenses have increased by 10.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TUTORING OF ADULTS IN READING, WRITING, SPELLING, AND SPEAKING ENGLISH AND PROVIDING SKILL BUILDING WORKSHOPS FOR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TUTORING OF ADULTS IN READING, WRITING, SPELLING AND SPEAKING ENGLISH AND SKILL BUILDING WORKSHOPS FOR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Wiese Executive Di | Trustee | 40 | $68,925 |
Lorretta Deneweth President | Officer | 2 | $0 |
Katie Krane Vice Preside | Officer | 2 | $0 |
Tim Oesch Treasurer | Officer | 2 | $0 |
James Smith Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $24,473 |
| All other contributions, gifts, grants, and similar amounts not included above | $99,228 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,701 |
| Total Program Service Revenue | $174,595 |
| Investment income | $4,873 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,635 |
| Net Income from Fundraising Events | $29,434 |
| Net Income from Gaming Activities | $5,452 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $372,493 |
| 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. | $68,926 |
| Compensation of current officers, directors, key employees. | $10,339 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $172,624 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,452 |
| Payroll taxes | $18,045 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,094 |
| Fees for services: Other | $1,725 |
| Advertising and promotion | $1,197 |
| Office expenses | $8,118 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,920 |
| Travel | $11,557 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $425 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,064 |
| Insurance | $2,507 |
| All other expenses | $617 |
| Total functional expenses | $333,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,146 |
| Savings and temporary cash investments | $104,734 |
| 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 | $0 |
| Net Land, buildings, and equipment | $102,652 |
| Investments—publicly traded securities | $212,335 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $501,867 |
| Accounts payable and accrued expenses | $1,682 |
| 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 | $0 |
| Total liabilities | $1,682 |
| Net assets without donor restrictions | $426,907 |
| Net assets with donor restrictions | $73,278 |
| 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 | $501,867 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Family Literacy Center has recieved totaling $40,409.
| Awarding Organization | Amount |
|---|---|
Childrens Chance For Life Bonney Lake, WA PURPOSE: GENERAL OPERATING FUND AND FEEDING PROGRAM FOR POOR CHILDREN | $30,000 |
Dte Energy Foundation Detroit, MI PURPOSE: EDUCATION | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $409 |
Endowment Analysis
| Beg. Balance | $64,754 |
| Earnings | $5,628 |
| Admin Expense | -$1,259 |
| Net Contributions | $11,675 |
| Grants | -$4,176 |
| Ending Balance | $76,623 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |
University Of Dubuque Dubuque, IA | $403,203,443 | $110,402,473 |
Concordia University Chicago River Forest, IL | $86,542,696 | $102,736,797 |
Seton Hill University Greensburg, PA | $189,465,294 | $99,847,300 |
Marywood University Scranton, PA | $244,412,152 | $100,984,557 |
Saint Francis University Loretto, PA | $151,334,265 | $103,685,117 |
Wittenberg College Board Of Directors Springfield, OH | $198,135,859 | $89,178,248 |
Juniata College Huntingdon, PA | $246,892,473 | $100,031,718 |
Millikin University Decatur, IL | $270,927,180 | $97,576,221 |
Concordia University St Paul St Paul, MN | $168,274,815 | $110,114,191 |
Indiana Institute Of Technology Inc Fort Wayne, IN | $325,851,841 | $108,107,562 |
Wartburg College Waverly, IA | $247,960,217 | $101,117,542 |