Teton Literacy Center
- Assets
- $3.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 11
- Location
- Jackson, WY
- Founding
- 01/1996
- Data as of
- 06/2021
- EIN
- 83-0314136
Organization Overview
Teton Literacy Center is located in Jackson, WY. The organization was established in 1996. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 06/2021, Teton Literacy Center employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teton Literacy Center 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 06/2021, Teton Literacy Center generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $862.0k during the year ending 06/2021. While expenses have increased by 5.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE TETON LITERACY CENTER PROVIDES VARIOUS LITERACY SUPPORT SERVICES TO CHILDREN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY LITERACY IS A PROGRAM THAT SUPPORTS THE WHOLE FAMILY. TETON LITERACY CENTER ENOURAGES PARENTS IN THEIR ROLE AS THEIR CHILD'S PRIMARY TEACHER AND EDUCATIONAL ADVOCATE. FAMILY LITERACY OPPORTUNITIES INCLUDE; PARENT EDUCATION, CHILD EDUCATION, PARENT TIME, AND PARENT AND CHILD TOGETHER TIME. PARENTS ARE ENCOURAGED TO BE INVOLVED IN THEIR CHILD'S EDUCATION, LEARN STRATEGIES TO INCREASE THEIR CHILD'S ACADEMIC SUCCESS, AND TO INCREASE THEIR OWN PERSONAL LITERACY GOALS. 35 FAMILIES BENEFITED FROM FAMILY LITERACY PROGRAMS DURING FISCAL YEAR 2020-2021.
THE TETON LITERACY CENTER OFFERS VARIOUS ENRICHMENT PROGRAMS TO ADVOCATE LITERACY. SOME EXAMPLES OF THESE ENRICHMENT PROGRAMS ARE; AFTER SCHOOL CLUBS, FAMILY BOOK CLUBS, EARLY RELEASE DAY CAMPS, SUMMER CAMPS, AND CLUB SUMMER. THESE PROGRAMS WORK TO ENRICH READING, WRITING, AND LANGUAGE SKILLS FOR CHILDREN AND THEIR FAMILIES. THERE WERE 279 PARTICIPANTS IN THE ENRICHMENT PROGRAMS FOR FISCAL YEAR 2020-2021.
AFTER-SCHOOL TUTORING IS OFFERED FREE TO FAMILIES, DUE TO THE VOLUNTEERS THAT DONATE THEIR TIME. THROUGH LITERACY TUTORING, STUDENTS GAIN CONFIDENCE AND DEVELOP READING FLUENCY, ALONG WITH BUILDING SKILLS IN COMPREHENSION, WORD DECODING, AND WRITING. TUTORING SESSIONS ARE OFFERED ON A ONE-TO-ONE BASIS TO FOCUS ON PERSONALIZED LITERACY NEEDS. TUTORING ALSO INCLUDES VOLUNTEER MANAGEMENT. 110 STUDENTS WERE TUTORED DURING FISCAL YEAR 2020-2021. VOLUNTEERS PROVIDED 1,438 HOURS OF TUTORING SUPPORT TO STUDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura West Soltau Executive Director | Trustee | 40 | $107,735 |
Jack Krouskup Vice President | OfficerTrustee | 1 | $0 |
Amy Staehr Secretary | Officer | 1 | $0 |
William Best Board President | Officer | 1 | $0 |
Patrick Trucco Treasurer | Officer | 1 | $0 |
Jim Thorburn Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,202,127 |
| Investment income | $683 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $215,235 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,449,473 |
| Statement of Expenses | |
|---|---|
| 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. | $107,735 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $406,520 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $54,974 |
| Payroll taxes | $38,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,868 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,579 |
| Office expenses | $11,001 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,886 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,342 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $862,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,129 |
| Savings and temporary cash investments | $2,459,574 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $200,000 |
| Total assets | $3,682,650 |
| Accounts payable and accrued expenses | $0 |
| 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 | $11,447 |
| Total liabilities | $11,447 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $3,671,203 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Teton Literacy Center has recieved totaling $118,930.
| Awarding Organization | Amount |
|---|---|
The Wilson Family Foundation High Point, NC PURPOSE: CHARITABLE CONTRIBUTION | $60,000 |
Garaman Charitable Foundation Jackson, WY PURPOSE: SOAR SUMMER PROGRAM & SOCIAL LEARNIN | $51,930 |
Rossetter Foundation Chicago, IL PURPOSE: GENERAL PURPOSES | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Teton Literacy Center Jackson, WY | $3,682,650 | $1,449,473 |
Dibs For Kids Omaha, NE | $579,605 | $466,228 |
Booktrails Inc Steamboat Springs, CO | $595,079 | $559,968 |
Literacy Project Minturn, CO | $341,056 | $271,070 |
Steamboat Reading Inc Steamboat Springs, CO | $72,356 | $219,709 |
Imagination Library Of Denver Denver, CO | $12,573 | $0 |
Links International Inc Woodland Park, CO | $171,122 | $0 |
Hastings Literacy Program Inc Hastings, NE | $197,975 | $0 |
Dixie Escalante Kite Festival Beryl, UT | $27,954 | $0 |
Grand Junction Imagination Library Grand Junction, CO | $47,103 | $64,347 |
Bridging The Gaps Dyslexia Center Greeley, CO | $17,697 | $0 |
Raising Readers In Wyoming Cheyenne, WY | $78,789 | $0 |