Literacy Coalition Of Central Texas
- Assets
- $629.7k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 97
- Location
- Austin, TX
- Founding
- 01/2004
- Data as of
- 07/2021
- EIN
- 80-0078300
Organization Overview
Literacy Coalition Of Central Texas is located in Austin, TX. The organization was established in 2004. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 07/2021, Literacy Coalition Of Central Texas employed 97 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy Coalition Of Central Texas 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 07/2021, Literacy Coalition Of Central Texas generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $2.5m during the year ending 07/2021. While expenses have increased by 4.0% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE LITERACY COALITION OF CENTRAL TEXAS (LCCT) IS A NON-PROFIT WITH A MISSION TO BREAK THE CYCLE OF INTERGENERATIONAL POVERTY THROUGH HOLISTIC LITERACY SERVICES. WE ENVISION A COMMUNITY THAT IS 100% LITERATE, EMPLOYABLE, AND SELF-SUFFICIENT. LITERACY COALITION OF CENTRAL TEXAS WAS FOUNDED IN 2001 BY A NETWORK OF LITERACY PROVIDERS AND COMMUNITY LEADERS TO ENSURE CENTRAL TEXAS FAMILIES HAVE SKILLS TO REACH THEIR FULL POTENTIAL. THE LITERACY COALITION DESIGNS CUTTING-EDGE, EVIDENCE-BASED CURRICULA AND PROGRAMS. WE SHARE THESE INNOVATIVE SOLUTIONS WITH 67 LITERACY, WORKFORCE, AND SOCIAL SERVICE ORGANIZATIONS TO BOOST COMMUNITY IMPACT. WE AMPLIFY OUR REACH BY TRAINING AND PLACING AMERICORPS MEMBERS WITH PARTNER AGENCIES TO PROVIDE ADULT BASIC EDUCATION, EARLY CHILDHOOD LITERACY, ENGLISH AS A SECOND LANGUAGE, AND CAREER DEVELOPMENT. AMERICORPS VISTA MEMBERS ARE PLACED WITH NONPROFITS TO BUILD AND STRENGTHEN SYSTEMS AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAREER DEVELOPMENT EDUCATION - ADULTS TURN JOBS INTO CAREERS THROUGH OUR UNIQUE CURRICULUM THAT FUSES ADULT LITERACY AND CAREER DEVELOPMENT. JOB COACHES ARE PLACED WITH LITERACY ORGANIZATIONS AND BRING VALUABLE WORKPLACE SKILLS TO LITERACY STUDENTS.
TEXAS FAMILY LITERACY AMERICORPS - THE LITERACY COALITION OF CENTRAL TEXAS AMPLIFIES ITS MISSION BY TRAINING AND PLACING TEXAS FAMILY LITERACY AMERICORPS MEMBERS WITH NON-PROFIT AGENCIES TO PROVIDE DIRECT SERVICES IN ADULT EDUCATION, EARLY CHILDHOOD LITERACY, ENGLISH AS A SECOND LANGUAGE, AND CAREER DEVELOPMENT EDUCATION.
VOCATIONAL EDUCATION - ADULTS PARTICIPATE IN A UNIQUE VOCATIONAL CERTIFICATION PROGRAM FOR MIDDLE-SKILLED JOBS IN THE COMMERCIAL HEATING AND VENTILATION AIR CONDITION (HVAC) INDUSTRY. THE PROGRAM INCLUDES VOCATIONAL TRAINING, ENGLISH AS A SECOND LANGUAGE, BASIC SKILLS SUPPORT CLASSES, AND WORKFORCE PREPARATION ACTIVITIES FOR SOFT SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Coleman-Beattie Interim CEO (thru Mar 2021) | Officer | 40 | $57,750 |
Bryan Lauer Board Chair | OfficerTrustee | 1 | $0 |
Nicole Prescott Board Vice-Chair | OfficerTrustee | 1 | $0 |
Joel Carrillo-Jacques Secretary | OfficerTrustee | 1 | $0 |
Janet Torres CEO (as Of Feb 2021) | Officer | 40 | $0 |
Jeff Pinsker Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,793,411 |
| All other contributions, gifts, grants, and similar amounts not included above | $261,647 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,055,058 |
| Total Program Service Revenue | $178,310 |
| Investment income | $275 |
| 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 | $2,233,643 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $192,004 |
| Grants and other assistance to domestic individuals. | $123,765 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $113,850 |
| Compensation of current officers, directors, key employees. | $12,774 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,403,482 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $131,576 |
| Payroll taxes | $76,546 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $89,506 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $70,250 |
| Advertising and promotion | $16,293 |
| Office expenses | $13,035 |
| Information technology | $1,950 |
| Royalties | $0 |
| Occupancy | $219,386 |
| Travel | $1,694 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $750 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,237 |
| Insurance | $9,033 |
| All other expenses | $6,603 |
| Total functional expenses | $2,514,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169,166 |
| Savings and temporary cash investments | $7,138 |
| Pledges and grants receivable | $136,183 |
| Accounts receivable, net | $276,530 |
| 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 | $20,127 |
| Net Land, buildings, and equipment | $6,566 |
| Investments—publicly traded securities | $1,031 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,950 |
| Total assets | $629,691 |
| Accounts payable and accrued expenses | $92,786 |
| 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 | $55,892 |
| Other liabilities | $0 |
| Total liabilities | $148,678 |
| Net assets without donor restrictions | $66,218 |
| Net assets with donor restrictions | $414,795 |
| 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 | $629,691 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Literacy Coalition Of Central Texas has recieved totaling $1,101,615.
| Awarding Organization | Amount |
|---|---|
The Onestar Foundation Austin, TX PURPOSE: AMERICORPS SUB-GRANT | $558,014 |
Michael & Susan Dell Foundation Austin, TX PURPOSE: CREATING SYSTEMS-LEVEL LITERACY TRAINING TO SUPPORT EMPLOYMENT OUTCOMES | $400,000 |
Dollar General Literacy Foundation Goodlettsville, TN PURPOSE: ADULT LITERACY PARTNER | $75,000 |
St Davids Foundation Austin, TX PURPOSE: HEALTH ACCESS GRANT | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,499 |
Shield-Ayres Foundation Austin, TX PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Board Of Obstetrics And Gynecology Inc Dallas, TX | $79,504,335 | $23,118,641 |
Communities In Schools Of Central Texas Austin, TX | $11,661,936 | $18,363,713 |
Association Of Texas Professional Educators Austin, TX | $26,286,970 | $12,638,531 |
Society Of Certified Insurance Counselors Austin, TX | $18,011,076 | $13,351,185 |
Good Reason Houston Inc Houston, TX | $15,216,184 | $12,441,249 |
The Teaching Trust Dallas, TX | $0 | $1,277,048 |
Oklahoma Education Association Oklahoma City, OK | $8,207,045 | $7,151,066 |
Texas Classroom Teachers Association Austin, TX | $18,131,963 | $5,396,688 |
National Diversity Council Houston, TX | $4,256,858 | $6,138,107 |
American Case Management Association Little Rock, AR | $1,766,697 | $2,995,171 |
Texas Computer Education Association Austin, TX | $6,144,235 | $4,520,658 |
Jefferson Federation Of Teachers Health And Welfare Fund Metairie, LA | $2,212,673 | $3,830,342 |