Literacy Volunteers Of Maricopa County Inc
- Assets
- $1.6m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 25
- Location
- Phoenix, AZ
- Founding
- 11/1973
- Data as of
- 06/2021
- EIN
- 94-2870927
Organization Overview
Literacy Volunteers Of Maricopa County Inc is located in Phoenix, AZ. The organization was established in 1973. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2021, Literacy Volunteers Of Maricopa County Inc employed 25 individuals. This organization is the central organization for a national or regional group of organizations. Literacy Volunteers Of Maricopa County 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 06/2021, Literacy Volunteers Of Maricopa County Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.0m during the year ending 06/2021. While expenses have increased by 7.9% 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
EMPOWERING ADULTS TO ACHIEVE LITERACY AND IMPROVE THEIR QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHED IN 1982, LITERACY VOLUNTEERS OF MARICOPA COUNTY, INC., (LVMC), A 501(C)(3) COMMUNITY-BASED ORGANIZATION, PROVIDES FREE EDUCATIONAL SERVICES TO ADULTS, 16 YEARS OF AGE OR OLDER, WHO DESIRE TO LEARN TO READ, OBTAIN THE HIGH SCHOOL EQUIVALENCY (HSE) DIPLOMA BY PREPARING THEM FOR THE GENERAL EDUCATIONAL DEVELOPMENT (GED) EXAM, OR COMMUNICATE IN ENGLISH. LVMC UTILIZES CONTEXTUALIZED EDUCATIONAL MATERIALS TO HELP ADULTS BECOME LITERATE, ACQUIRE SOFT SKILLS AND EMPLOYABILITY SKILLS, ATTAIN AN HSE AND HELP IMMIGRANTS AND OTHER ADULTS WHO ARE ENGLISH LANGUAGE LEARNERS IMPROVE THEIR ENGLISH AND MATH SKILLS AS WELL AS THEIR UNDERSTANDING OF THE AMERICAN SYSTEM OF GOVERNMENT. LVMC DESIRES TO HELP ADULTS ATTAIN EMPLOYMENT AND ECONOMIC SELF-SUFFICIENCY, SUCCESSFULLY PARTICIPATE IN THE EDUCATIONAL DEVELOPMENT OF THEIR CHILDREN, TRANSITION INTO POSTSECONDARY EDUCATION AND JOB SKILLS TRAINING, AND FULLY INTEGRATE AND PARTICIPATE IN OUR SOCIETY. THE ORGANIZATION IS A MEMBER OF PROLITERACY.LVMC HAS A PROVEN TRACK RECORD OF ASSISTING BASIC SKILLS DEFICIENT ADULTS, INCREASING PEOPLES LITERACY SKILLS, FACILITATING THE ATTAINMENT OF AN HSE DIPLOMA, AND HELPING IMMIGRANTS AND OTHER INDIVIDUALS WHO ARE ENGLISH LANGUAGE LEARNERS TO IMPROVE THEIR SKILLS AND UNDERSTANDING OF ENGLISH, MATH, AND CIVICS. OUR PROGRAMS ARE OPEN-ENROLLMENT WHEREBY A PARTICIPANT CAN START ANYTIME; CLASSES ARE OFFERED IN-PERSON AT OUR LEARNING CENTERS, VIRTUALLY/ONLINE, OR HYBRID FLEXIBLE (HYFLEX) ALLOWING PARTICIPANTS TO ATTEND IN-PERSON SOMETIMES AND ONLINE OTHER TIMES. TO INCREASE LEARNING AT A FASTER PACE, WE PROVIDE ALL PARTICIPANTS ACCESS TO WEB-BASED LEARNING SOFTWARE THAT CAN BE ACCESSED AT OUR LEARNING CENTERS COMPUTER LABS OR REMOTELY FROM THEIR OWN DEVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesus Love Executive Dir. | Officer | 45 | $109,064 |
John Faulds President | OfficerTrustee | 0.75 | $0 |
Terence Mcmahon Secretary | OfficerTrustee | 0.75 | $0 |
Lisa Dow Treasurer | OfficerTrustee | 0.75 | $0 |
May George Abraham Board Member | Trustee | 0.75 | $0 |
David Kest Board Member | Trustee | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $837,613 |
| All other contributions, gifts, grants, and similar amounts not included above | $185,535 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,023,148 |
| Total Program Service Revenue | $11,340 |
| Investment income | $14,312 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $38 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,048,838 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $111,831 |
| Compensation of current officers, directors, key employees. | $27,958 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $556,933 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $81,861 |
| Payroll taxes | $55,890 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,381 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,343 |
| Office expenses | $2,755 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $70,379 |
| 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 | $28,530 |
| Insurance | $8,614 |
| All other expenses | $27,944 |
| Total functional expenses | $1,049,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $324,725 |
| Savings and temporary cash investments | $418,925 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $105,163 |
| 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 | $74,765 |
| Net Land, buildings, and equipment | $419,699 |
| Investments—publicly traded securities | $248,976 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,300 |
| Total assets | $1,596,553 |
| Accounts payable and accrued expenses | $24,676 |
| 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 | $129,000 |
| Other liabilities | $3,071 |
| Total liabilities | $156,747 |
| Net assets without donor restrictions | $1,439,806 |
| 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 | $1,596,553 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Literacy Volunteers Of Maricopa County Inc has recieved totaling $147,961.
| Awarding Organization | Amount |
|---|---|
Vnsa Volunteer Nonprofit Service Assoc Phoenix, AZ PURPOSE: GENERAL ASSISTANCE | $112,500 |
Satterberg Foundation Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $10,000 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $105 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $105 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $105 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Educause Boulder, CO | $45,912,990 | $23,875,929 |
International School Of Denver Inc Denver, CO | $37,011,628 | $17,937,302 |
Berggruen Institute Los Angeles, CA | $7,691,670 | $14,445,646 |
Aspen Global Change Institute Inc Basalt, CO | $40,273,287 | $16,176,198 |
Vision Y Compromiso El Cerrito, CA | $5,188,501 | $11,619,190 |
The Broad Center Los Angeles, CA | $3,813,633 | $10,084,361 |
National Equity Project Oakland, CA | $16,206,654 | $13,208,887 |
Casas Comprehensive Adult Student Assessment Systems San Diego, CA | $7,496,351 | $8,078,168 |
Silicon Slopes Lehi, UT | $2,661,490 | $5,981,892 |
Jobs For Nevadas Graduates Inc Las Vegas, NV | $2,371,026 | $5,045,525 |
Viva Physicians Inc Palm Springs, CA | $23,221,286 | $5,506,798 |
San Francisco Electrical Industry Apprenticeship And Training Trust San Francisco, CA | $24,618,240 | $4,990,979 |