Literacy For Incarcerated Teens
- Assets
- $40.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 03/2009
- Data as of
- 06/2024
- EIN
- 80-0281475
Organization Overview
Literacy For Incarcerated Teens is located in Brooklyn, NY. The organization was established in 2009. According to its NTEE Classification (I43) the organization is classified as: Inmate Support, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Literacy For Incarcerated Teens 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 06/2024, Literacy For Incarcerated Teens generated $21.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.4%) each year. All expenses for the organization totaled $46.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karlan Sick Chairperson President | 10 | $0 | |
Judith Frost Secretary | 2 | $0 | |
Mary Elizabeth Wendt Treasurer | 3 | $0 | |
Dana Lehrman Boardmember | 1 | $0 | |
Elizabeth Dreier Boardmentber | 2 | $0 | |
Mary Beth Zeman Boardmember | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,126 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $55 |
| Total Revenue | $21,181 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $100 |
| Occupancy, rent, utilities, and maintenance | $735 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $201 |
| Total expenses | $46,117 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,338 |
| Other assets | $0 |
| Total assets | $40,338 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,338 |