Literacy And Evangelism Inc
- Assets
- $858.7k
- Revenue
- $885.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Tulsa, OK
- Founding
- 08/1967
- Data as of
- 12/2021
- EIN
- 73-6111804
Organization Overview
Literacy And Evangelism Inc is located in Tulsa, OK. The organization was established in 1967. As of 12/2021, Literacy And Evangelism Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy And Evangelism 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, Literacy And Evangelism Inc generated $885.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $903.9k during the year ending 12/2021. While expenses have increased by 0.8% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TEACH PEOPLE TO READ IN THEIR OWN LOCAL LANGUAGE OR ENGLISH BY USING BIBLE-CONTENT MATERIALS. LITERACY AS A MEANS FOR EVANGELISM.
Describe the Organization's Program Activity:
PREPARATION AND DISTRIBUTION OF PRIMERS USED TO TEACH READING AND WRITING IN THE U.S. AND ABROAD. LITERACY TRAINING FOR POTENTIAL TEACHERS OF VARIOUS NATIONS, PARTICULARLY THIRD WORLD NATIONS. SUPPORT FOR MISSIONARIES. MISSIONARIES IN COUNTRIES OR PRINCIPALITIES TEACHING NATIONALS TO READ AND WRITE IN THEIR OWN LANGUAGE. TEXTS PREPARED IN EACH LANGUAGE HAVE BIBLE CONTENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Sid Rice Ceo/chair | OfficerTrustee | 40 | $59,485 |
Mr Ford Brett Vice Chair | OfficerTrustee | 0 | $0 |
Mr Roland Rice CFO | Officer | 0 | $0 |
Name Not Listed Director | Trustee | 0 | $0 |
Mr Jim Davis Director | Trustee | 0 | $0 |
Angela Fleming Director | Trustee | 0 | $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 | $820,400 |
| Noncash contributions included in lines 1a–1f | $35,747 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $820,400 |
| Total Program Service Revenue | $0 |
| Investment income | $1,696 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$8,487 |
| 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 | $10,179 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $885,871 |
| 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 | $34,995 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,485 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,092 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,874 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $532 |
| Fees for services: Other | $980 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,397 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,524 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,131 |
| Insurance | $6,852 |
| All other expenses | $24,626 |
| Total functional expenses | $903,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,269 |
| Savings and temporary cash investments | $318,169 |
| 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 | $10,460 |
| Prepaid expenses and deferred charges | $6,412 |
| Net Land, buildings, and equipment | $314,645 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $85,718 |
| Total assets | $858,673 |
| Accounts payable and accrued expenses | $1,094 |
| 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 | $158 |
| Total liabilities | $1,252 |
| Net assets without donor restrictions | $556,739 |
| Net assets with donor restrictions | $300,682 |
| 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 | $858,673 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Literacy And Evangelism Inc has recieved totaling $58.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $58 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
America Can Dallas, TX | $59,248,312 | $66,903,567 |
Literacy Council Of Tyler Inc Tyler, TX | $3,690,720 | $3,762,526 |
Learning Source Denver, CO | $2,170,117 | $3,367,695 |
Literacy And Evangelism Inc Tulsa, OK | $858,673 | $885,871 |
Immigrant And Refugee Center Of Northern Colorado Evans, CO | $777,742 | $929,988 |
Ozark Literacy Council Inc Fayetteville, AR | $376,944 | $226,926 |
Richardson Adult Literacy Center Richardson, TX | $279,584 | $240,112 |
Dogwood Literacy Council Siloam Springs Arkansas Siloam Springs, AR | $56,569 | $0 |
Temple Literacy Council Temple, TX | $26,511 | $8,360 |
Textesol Iii Austin, TX | $105,672 | $0 |