Oklahoma Literacy Coalition Inc
- Assets
- $179.4k
- Revenue
- $119.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Oklahoma City, OK
- Founding
- 10/1989
- Data as of
- 12/2021
- EIN
- 73-1290748
Organization Overview
Oklahoma Literacy Coalition Inc is located in Oklahoma City, OK. The organization was established in 1989. 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. Oklahoma Literacy Coalition 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, Oklahoma Literacy Coalition Inc generated $119.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $88.1k during the year ending 12/2021. 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
SUPPORTS LITERACY EFFORTS STATEWIDE BY PROVIDING CONTINUING EDUCATION FOR LITERACY PROVIDERS, GRANTS TO LITERACY ORGANIZATIONS, AND LITERACY AWARENESS TO GOVERNMENT AND MEDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR LITERACY EFFORTS THROUGH OUT OKLAHOMA. LITERACY AWARENESS INFORMATION IS PROVIDED TO MEMBERS OF STATE AND LOCAL GOVERNMENT AND THE MEDIA. PARTNERSHIPS WITH AGENCIES, BUSINESSES, AND PUBLIC AND PRIVATE ORGANIZATIONS PROVIDE VALUABLE RESOURCES FOR LOCAL LITERACY EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Kerrmcgraw Vice President | OfficerTrustee | 2 | $0 |
Taylor Meriwether President | OfficerTrustee | 2 | $0 |
Melissa M Struttmann Treasurer | OfficerTrustee | 2 | $0 |
Joy Billingsley Secretary | OfficerTrustee | 2 | $0 |
Susan Bernard Director | Trustee | 1 | $0 |
Ruth Ortega Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,996 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $108,813 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,809 |
| Total Program Service Revenue | $6,231 |
| Investment income | $122 |
| 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 | $119,162 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,170 |
| 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 | $39,021 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,984 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,616 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,394 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $208 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,896 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,048 |
| All other expenses | $0 |
| Total functional expenses | $88,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,732 |
| Savings and temporary cash investments | $127,717 |
| 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 | $179,449 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $225 |
| 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 | $1,194 |
| Total liabilities | $1,419 |
| Net assets without donor restrictions | $178,030 |
| Net assets with donor restrictions | $0 |
| 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 | $179,449 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Oklahoma Literacy Coalition Inc has recieved totaling $2,360.
| Awarding Organization | Amount |
|---|---|
Krueger Charitable Foundation Tulsa, OK PURPOSE: LITERACY AWARDS | $2,350 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communities In Schools Of El Paso Inc El Paso, TX | $2,674,803 | $5,342,114 |
Small Steps Nurturing Center Houston, TX | $10,410,748 | $6,522,769 |
Turnk The Page Kc Inc Kansas City, MO | $555,932 | $3,146,244 |
Phillips Fundamental Learning Center Inc Wichita, KS | $2,489,354 | $2,705,751 |
Bookspring Austin, TX | $3,307,533 | $2,191,070 |
Ready Readers St Louis, MO | $1,581,585 | $1,585,720 |
Austin Explore Inc Austin, TX | $2,025,825 | $1,630,361 |
Success By 6 Coalition Of Douglas County Lawrence, KS | $182,877 | $1,222,977 |
Catch Up & Read Inc Dallas, TX | $1,980,832 | $917,650 |
Smart Start Central Oklahoma Inc Oklahoma City, OK | $1,312,516 | $1,054,771 |
Tackle Tomorrow Llc Dallas, TX | $245,428 | $769,944 |
Literacy San Antonio Inc San Antonio, TX | $550,781 | $543,394 |