Childrens Literacy Project
- Assets
- $252.5k
- Revenue
- $193.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 05/2015
- Data as of
- 12/2023
- EIN
- 47-2832907
Organization Overview
Childrens Literacy Project is located in Durham, NC. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Literacy Project 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 12/2023, Childrens Literacy Project generated $193.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $192.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 6 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENVISIONING A COMMUNITY WHERE ALL CHILDREN CAN READ, WRITE, AND SPELL, THE PROJECT TRAINS AND SUPPORTS VOLUNTEER TUTORS WHO PROVIDE FREE, LONGTERM, ONE TO ONE INSTRUCTION TO IMPROVE SKILLS OF LOW INCOME CHILDREN WHO NEED EXTRA HELP TO SUCCEED IN THE CLASSROOM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TUTOR SUPPORT: THE CHILDRENS LITERACY PROJECT TRAINING COORDINATOR (TC) PROVIDES ONGOING SUPPORT TO CLP-TRAINED TUTORS WORKING WITH INDIVIDUAL STUDENTS THROUGHOUT THEIR ENGAGEMENT. THE TC CONDUCTS AN INITIAL CHECK IN ONE MONTH FOLLOWING A TUTORS PLACEMENT, CHECKING IN AGAIN WITH EACH TUTOR IN EARLY DECEMBER TO DETERMINE CONTINUATION OF SERVICE AND AGAIN AT THE END OF THE SCHOOL YEAR TO ASSESS PROGRESS AND INTEREST IN CONTINUING TO PROVIDE TUTORING IN THE COMING YEAR. THE CLP TRAINING COORDINATOR IS ALSO AVAILABLE THROUGHOUT THE TUTORING ASSIGNMENT TO ANSWER QUESTIONS, OR PROVIDE GUIDANCE, IN REGARD TO THE VOLUNTEERS ASSIGNMENT.
PROGRAMS FOR ADULTS: AS WE CONTINUE TO MAKE OUR TRAINING MORE ACCESSIBLE TO A WIDER VARIETY OF VOLUNTEERS, THE PROJECT HAS SHIFTED ITS TRAINING PROGRAM INTO A NEW TRAINING FORMAT THAT CONSISTS MOSTLY OF ASYNCHRONOUS AND SELF-PACED VIRTUAL MODULES. VOLUNTEER TUTORS MEET IN PERSON AT THE END OF TRAINING TO REVIEW TUTOR POLICIES AND AGREEMENTS. ALL VOLUNTEERS ARE TRAINED USING CHILDRENS LITERACY PROJECTS RESEARCH-BASED METHODOLOGY TO HELP DISADVANTAGED CHILDREN ATTENDING NC PUBLIC SCHOOLS IMPROVE LITERACY SKILLS.
HIGH SCHOOL TUTOR TRAINING PROGRAM: DURING THE ACADEMIC YEAR, 22 SENIORS AT DURHAM ACADEMY IN DURHAM, NC WERE TRAINED AS LITERACY TUTORS. THE STUDENTS SERVED AS TUTORS FOR STRUGGLING ELEMENTARY SCHOOL CHILDREN FOR MOST OF THE ACADEMIC YEAR. THE TRAINING FOR STUDENTS CONTAINS THE SAME METHODOLOGICAL INSTRUCTION AS THE ADULT TRAINING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Easterlin Executive Director | Officer | 40 | $81,594 |
Charryse Fredrick Member | Trustee | 8 | $0 |
Michael Brown Member | Trustee | 8 | $0 |
Kelly Teagarden Member | Trustee | 5 | $0 |
Rickeya Jones Member | Trustee | 8 | $0 |
Daniella Sanchez Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $158,462 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $158,462 |
| Total Program Service Revenue | $29,800 |
| Investment income | $5,090 |
| 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 | $193,352 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $137,712 |
| Pension plan accruals and contributions | $3,133 |
| Other employee benefits | $0 |
| Payroll taxes | $10,345 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,072 |
| Advertising and promotion | $1,629 |
| Office expenses | $6,614 |
| Information technology | $2,477 |
| Royalties | $0 |
| Occupancy | $6,767 |
| 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 | $0 |
| Insurance | $7,187 |
| All other expenses | $508 |
| Total functional expenses | $192,622 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,353 |
| Savings and temporary cash investments | $211,133 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $252,486 |
| Accounts payable and accrued expenses | $6,459 |
| 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 | $6,459 |
| Net assets without donor restrictions | $224,091 |
| Net assets with donor restrictions | $21,936 |
| 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 | $252,486 |