Durham Literacy Center Inc
- Assets
- $1.4m
- Revenue
- $948.4k
- Investments
- $429.3k
- Employees
- 20
- Location
- Durham, NC
- Founding
- 06/1986
- Data as of
- 06/2022
- EIN
- 56-1479534
Organization Overview
Durham Literacy Center Inc is located in Durham, NC. The organization was established in 1986. 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 06/2022, Durham Literacy Center Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Durham Literacy Center 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 06/2022, Durham Literacy Center Inc generated $948.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $905.3k during the year ending 06/2022. While expenses have increased by 11.9% 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
TO HELP ADULTS MEET THEIR LIFE GOALS BY OFFERING LEARNER-CENTERED EDUCATIONAL OPPORTUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE YOUTH EDUCATION AND ACHIEVEMENT ACADEMY PROGRAM IS A RIGOROUS, LEARNER-CENTERED ACADEMIC TRAINING, PERSONAL DEVELOPMENT AND INTEGRATED CAREER PATHWAY PROGRAM SPECIFICALLY DESINGED TO ASSIST OUT-OF-SCHOOL YOUTH AGED 16-24. THE PURPOSE OF THIS PROGRAM IS DESIGNED TO HELP YOUTH ATTAIN THEIR HIGH SCHOOL EQUIVALENCY DIPLOMAS AND/OR IMPROVE BASIC EDUCATIONAL AND LITERACY SKILLS. THIS PROGRAM IS ALSO FOCUSED ON PROVIDING YOUTH THE KNOWLEDGE, MOTIVATION AND SKILLS NECESSARY TO ADVANCE THEIR LIVES AND CONTRIBUTE POSITIVELY TO THE COMMUNITY.
THE ADULT LITERACY PROGRAM IS A STUDENT-CENTERED FUNCTIONAL LITERACY PROGRAM DESIGNED TO EQUIP ADULTS WITH READING AND WRITING SKILLS THAT EMPOWER THEIR PARTICIPATION WITH THEIR FAMILIES, WORK PLACE, AND LARGER COMMUNITY.
THE ENGLISH FOR SPEAKERS OF OTHER LANGUAGES (ESOL) PROGRAM FUNCTIONS TO EQUIP ADULT IMMIGRANTS AND NON-NATIVE INDIVIDUALS WITH ENGLISH LANGUAGE SKILLS NEEDED TO ACHIEVE THEIR PERSONAL AND PROFESSIONAL GOALS. THIS PROGRAM FOCUSES ON REAL WORLD SKILLS SUCH AS OBTAINING EMPLOYMENT, PARTICIPATING IN CHILDREN'S EDUCATION, AND OBTAINING ADEQUATE HOUSING.
ALL OTHER LITERACY-RELATED ACTIVITIES INCLUDING AN ADULT GED PROGRAM AND TUTOR TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gwenn Weaver Vice Chair | OfficerTrustee | 2 | $0 |
Jill Madsen Chair | OfficerTrustee | 2 | $0 |
Wendy Mccorkle Secretary | OfficerTrustee | 2 | $0 |
Kulwadee Yung Treasurer | OfficerTrustee | 2 | $0 |
Elizabeth Ellis Executive Director | Officer | 40 | $0 |
Gail Faulkner-Hudson Ex-Officio | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $142,361 |
| All other contributions, gifts, grants, and similar amounts not included above | $715,161 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $857,522 |
| Total Program Service Revenue | $68,433 |
| Investment income | $13,253 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,142 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $948,350 |
| 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. | $68,324 |
| Compensation of current officers, directors, key employees. | $7,516 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $484,319 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $59,203 |
| Payroll taxes | $44,768 |
| 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 | $73,098 |
| Advertising and promotion | $46,259 |
| Office expenses | $12,117 |
| Information technology | $7,059 |
| Royalties | $0 |
| Occupancy | $35,801 |
| Travel | $59 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $943 |
| Interest | $995 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,590 |
| Insurance | $12,723 |
| All other expenses | $40,077 |
| Total functional expenses | $905,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $190,773 |
| Pledges and grants receivable | $62,880 |
| Accounts receivable, net | $5,907 |
| 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 | $6,689 |
| Net Land, buildings, and equipment | $668,147 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $429,292 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,363,688 |
| Accounts payable and accrued expenses | $41,989 |
| 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 | $41,989 |
| Net assets without donor restrictions | $1,237,599 |
| Net assets with donor restrictions | $84,100 |
| 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 | $1,363,688 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Durham Literacy Center Inc has recieved totaling $336,259.
| Awarding Organization | Amount |
|---|---|
Fidelity Foundation Boston, MA PURPOSE: CONSULTING | $80,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $73,749 |
United Way Of The Greater Triangle Inc Durham, NC PURPOSE: GENERAL SUPPORT | $51,953 |
Bart Ehrman Foundation Durham, NC PURPOSE: Provide literacy services to adult immigrants | $33,200 |
Evelyn D Schmidt Charitable Tr Durham, NC PURPOSE: GENERAL SUPPORT | $21,000 |
Ting Tsung And Wei Fong Chao Foundation Houston, TX PURPOSE: GENERAL OPERATIONS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dollar General Literacy Foundation Goodlettsville, TN | $59,000,845 | $19,656,631 |
Governors Early Literacy Foundation Nashville, TN | $11,541,764 | $13,046,158 |
Book Harvest Durham, NC | $2,671,436 | $2,224,285 |
Preston Taylor Ministries Nashville, TN | $1,787,100 | $1,982,481 |
The Washington Commanders Charitable Foundation Inc Ashburn, VA | $1,361,978 | $1,048,751 |
Literacy Action Inc Atlanta, GA | $1,276,569 | $1,539,429 |
The Global Village Project Inc Decatur, GA | $2,051,230 | $1,459,701 |
Durham Literacy Center Inc Durham, NC | $1,363,688 | $948,350 |
Care House Of The Pee Dee Inc Florence, SC | $649,541 | $1,102,021 |
Book Em Nashville, TN | $633,279 | $1,103,877 |
Team Up Mentoring Inc Monroe, GA | $139,641 | $683,392 |
Greenville Literacy Association Inc Greenville, SC | $1,469,123 | $843,116 |