Rowan County Literacy Council Inc
- Assets
- $280.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salisbury, NC
- Founding
- 08/1977
- Data as of
- 12/2021
- EIN
- 59-1747169
Organization Overview
Rowan County Literacy Council Inc is located in Salisbury, NC. The organization was established in 1977. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, 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. Rowan County Literacy Council 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 12/2021, Rowan County Literacy Council Inc generated $183.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $96.6k during the year ending 12/2021. 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
PROVIDED INSTRUCTION TO ROWAN COUNTY RESIDENTS PRIMARILY THROUGH FOCUSING ON FREE AND CONFIDENTIAL ONE ON ONE (AND/OR SMALL GROUP) TUTORING BY TRAINED VOLUNTEER TUTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurel Harry Executive Di | 40 | $48,577 | |
Don Doering President | 0 | $0 | |
Nan Lund Vice Preside | 0 | $0 | |
Kc Scott Treasurer | 0 | $0 | |
Kelly Freeze Director | 0 | $0 | |
Bonnie Harrell Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $168,282 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $15,381 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $183,663 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,546 |
| Professional fees and other payments to independent contractors | $3,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $580 |
| Other expenses | $12,440 |
| Total expenses | $96,566 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,581 |
| Other assets | $0 |
| Total assets | $280,228 |
| Total liabilities | $3,696 |
| Net assets or fund balances | $276,532 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Rowan County Literacy Council Inc has recieved totaling $79,650.
| Awarding Organization | Amount |
|---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $71,150 |
Margaret C Woodson Foundation Incorporated Charlotte, NC PURPOSE: YOUTH LITERACY | $5,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $2,500 |
Joe L And Hester M Sims Family Foundation Inc China Grove, NC PURPOSE: GENERAL FUND | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Reach Inc Norfolk, VA | $511,783 | $670,333 |
West End Community Foundation Inc Durham, NC | $4,528,344 | $496,457 |