Collierville Literacy Council
- Assets
- $82.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 10
- Location
- Collierville, TN
- Founding
- 12/1989
- Data as of
- 12/2021
- EIN
- 58-1860713
Organization Overview
Collierville Literacy Council is located in Collierville, TN. The organization was established in 1989. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2021, Collierville Literacy Council employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Collierville Literacy Council 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, Collierville Literacy Council generated $88.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $94.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROGRAM EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Penny Arnonson Executive Director | 40 | $21,666 | |
Carrie Moore President | 5 | $0 | |
Victor Zodda Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,917 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,917 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $73,254 |
| Professional fees and other payments to independent contractors | $1,700 |
| Occupancy, rent, utilities, and maintenance | $2,671 |
| Printing, publications, postage, and shipping | $3,047 |
| Other expenses | $13,371 |
| Total expenses | $94,043 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,087 |
| Other assets | $0 |
| Total assets | $82,880 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,880 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Collierville Literacy Council has recieved totaling $26,121.
| Awarding Organization | Amount |
|---|---|
Allstate Foundation Northbrook, IL PURPOSE: HELPING HANDS GROUP GRANTS GRANT | $10,000 |
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $6,000 |
United Way Of The Mid-South Memphis, TN PURPOSE: SEE SCH O | $5,121 |
Nora Roberts Foundation Inc Glenn Dale, MD PURPOSE: OPERATIONS | $4,000 |
Christoval Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Marshall Online Inc Atlanta, GA | $11,713,924 | $9,257,448 |
American Board For Certification In Orthotics & Prosthetics Inc Alexandria, VA | $27,674,862 | $8,130,856 |
Abraham J & Phyllis Katz Foundation Ua 060794 Newnan, GA | $48,678,737 | $4,412,136 |
Alabama Partnership For Children Montgomery, AL | $2,774,532 | $6,902,612 |
Mid-South Carpenters Regional Council Training Trust Fund Chattanooga, TN | $11,869,784 | $4,623,435 |
Literacy Kansas City Kansas City, MO | $1,783,046 | $2,841,106 |
The Virginia Center For Policing Innovation Richmond, VA | $3,512,046 | $2,842,385 |
Progressive Abilities Support Services Inc Savannah, GA | $457,648 | $2,076,851 |
Society Of Cardiovascular Computed Tomography Arlington, VA | $2,676,474 | $2,337,987 |
East Central Georgia Consortium Thomson, GA | $497,694 | $1,856,381 |
Hi-Tech Charities Saint Louis, MO | $4,192,026 | $2,946,711 |
Center For Advancement And Study Of International Education Inc Atlanta, GA | $1,260,303 | $2,348,078 |