Civic Intelligence

Literacy Solutions Ny Inc

EIN 13-3224096 • 501(c)3 • Yonkers, NY

Profile

Literacy solutions ny, inc. Is a not-for-profit organization dedicated to providing student-centered english literacy services for adults and acting as a resource for the advancement of literacy.

PO Box 693Yonkers, NY 10702

literacysolutionsny.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.33x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

73rd percentile

0.14x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

40th percentile

0.1%

Higher net margin than 40% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

28th percentile

-4.8%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Revenue Growth

35th percentile

-1.1%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Assets

Up

$421,338

Up $54,929 (+15%) from 2024

Liabilities

Up

$139,794

Up $53,984 (+63%) from 2024

Net Assets

Up

$281,544

Up $945 (+0.3%) from 2024

Revenue

Down

$969,807

Down $36,245 (-3.6%) from 2024

Expenses

Down

$968,862

Down $74,541 (-7.1%) from 2024

Net Income

Up

$945

Up $38,296 (+103%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $134,762Liabilities 2010: $7,418Net Assets 2010: $127,3442010Assets 2011: $127,620Liabilities 2011: $39,235Net Assets 2011: $88,3852011Assets 2012: $106,632Liabilities 2012: $6,770Net Assets 2012: $99,8622012Assets 2013: $107,510Liabilities 2013: $7,574Net Assets 2013: $99,9362013Assets 2014: $115,258Liabilities 2014: $13,879Net Assets 2014: $101,3792014Assets 2015: $141,101Liabilities 2015: $11,533Net Assets 2015: $129,5682015Assets 2016: $202,442Liabilities 2016: $10,900Net Assets 2016: $191,5422016Assets 2017: $254,252Liabilities 2017: $23,150Net Assets 2017: $231,1022017Assets 2018: $274,826Liabilities 2018: $18,006Net Assets 2018: $256,8202018Assets 2019: $193,156Liabilities 2019: $37,220Net Assets 2019: $155,9362019Assets 2020: $296,755Liabilities 2020: $143,630Net Assets 2020: $153,1252020Assets 2021: $354,163Liabilities 2021: $58,722Net Assets 2021: $295,4412021Assets 2022: $371,719Liabilities 2022: $54,123Net Assets 2022: $317,5962022Assets 2023: $464,424Liabilities 2023: $146,474Net Assets 2023: $317,9502023Assets 2024: $366,409Liabilities 2024: $85,810Net Assets 2024: $280,5992024Assets 2025: $421,338Liabilities 2025: $139,794Net Assets 2025: $281,5442025

Highlighted filing

2025

Assets$421,338
Liabilities$139,794
Net Assets$281,544

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $499,180Expenses 2010: $486,421Net Income 2010: $12,7592010Revenue 2011: $478,602Expenses 2011: $517,976Net Income 2011: -$39,3742011Expenses 2012: $438,1892012Revenue 2013: $467,555Expenses 2013: $467,459Net Income 2013: $962013Revenue 2014: $629,281Expenses 2014: $627,837Net Income 2014: $1,4442014Revenue 2015: $612,309Expenses 2015: $579,120Net Income 2015: $33,1892015Revenue 2016: $703,324Expenses 2016: $641,350Net Income 2016: $61,9742016Revenue 2017: $818,929Expenses 2017: $779,369Net Income 2017: $39,5602017Revenue 2018: $853,574Expenses 2018: $827,856Net Income 2018: $25,7182018Revenue 2019: $680,300Expenses 2019: $781,184Net Income 2019: -$100,8842019Revenue 2020: $753,921Expenses 2020: $756,732Net Income 2020: -$2,8112020Revenue 2021: $990,438Expenses 2021: $848,122Net Income 2021: $142,3162021Revenue 2022: $902,610Expenses 2022: $880,455Net Income 2022: $22,1552022Revenue 2023: $991,183Expenses 2023: $990,829Net Income 2023: $3542023Revenue 2024: $1,006,052Expenses 2024: $1,043,403Net Income 2024: -$37,3512024Revenue 2025: $969,807Expenses 2025: $968,862Net Income 2025: $9452025

Highlighted filing

2025

Revenue$969,807
Expenses$968,862
Net Income$945

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.14$0.28$0.97$0.97$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.37$0.09$0.28$1.01$1.04$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.46$0.15$0.32$0.99$0.99$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.05$0.32$0.90$0.88$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.06$0.30$0.99$0.85$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.14$0.15$0.75$0.76$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.04$0.16$0.68$0.78$0.10
2018Summary only. Only limited summary data is available for this year.$0.27$0.02$0.26$0.85$0.83$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.02$0.23$0.82$0.78$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$0.70$0.64$0.06
2015Summary only. Only limited summary data is available for this year.$0.14$0.01$0.13$0.61$0.58$0.03
2014Summary only. Only limited summary data is available for this year.$0.12$0.01$0.10$0.63$0.63$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.01$0.10$0.47$0.47$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.01$0.10$0.44
2011Summary only. Only limited summary data is available for this year.$0.13$0.04$0.09$0.48$0.52$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.01$0.13$0.50$0.49$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 15, 2026
Return Version
2024v5.0
Gross Receipts
$969,807
Mission and Program Overview

Mission

Literacy solutions ny, inc. Is a not-for-profit organization dedicated to providing student-centered english literacy services for adults and acting as a resource for the advancement of literacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$138,170$189,469▲ $51,299
Pledges and Grants Receivable$155,939$113,913▼ $42,026
Prepaid Expenses and Deferred Charges$4,316--
Accounts Receivable$1,598--
Land, Buildings, and Equipment, Net$2,122$1,277▼ $845
Total Assets$366,409$421,338▲ $54,929
Other Assets Total$64,264$116,679▲ $52,415
Liabilities
Other Liabilities$63,569$115,006▲ $51,437
Accounts Payable and Accrued Expenses$22,241$24,038▲ $1,797
Deferred Revenue-$750-
Total Liabilities$85,810$139,794▲ $53,984
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$278,693$281,544▲ $2,851
Net Assets With Donor Restrictions$1,906--
Total Net Assets Fund Balance$280,599$281,544▲ $945
Total Liabilities and Net Assets / Fund Balance$366,409$421,338▲ $54,929

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,277$11,394$12,671
Other Assets Org$1,800--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Benito HerreroPres/CEOFT$93,065$93,065

Board Members and Trustees

NameTitle
Michael LevyBoard Chair
Carolynn JulienDirector
Deborah WoodDirector
Francine VernonDirector
Julie GallantyDirector
Patricia VaughanDirector
Susan ThalerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$969,457
Program Service Revenue
$350
Investment Income
$0
Other Revenue
$0
All Other Contributions
$76,795
Change in Net Assets
$945

Audited Revenue Reconciliation

Revenue per Audited Statements
$969,807
Revenue Not Reported on Form 990
$3,300
Total Revenue per Audited Statements
$973,107
Total Revenue per Form 990
$969,807
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$843,502
Other Expenses$125,360
Total Fundraising Expense$13,252
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$592,753$42,269$1,513$636,535
Current Officers, Directors, Trustees, and Key Employees$76,110$15,222$10,148$101,480
Payroll Taxes$56,550$4,860$986$62,396
Office Expenses$31,326$13,402-$44,728
Other Employee Benefits$32,907$2,828$574$36,309
Occupancy$19,145$8,205-$27,350
Fees for Services Accounting-$15,030-$15,030
Travel$9,234$3,957-$13,191
Pension Plan Contributions$6,782--$6,782
Insurance$3,168$1,537$31$4,736
Other Expenses$3,700--$3,700
Depreciation Depletion$592$253-$845
Interest-$626-$626
Total Functional Expenses$847,421$108,189$13,252$968,862

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$972,162
Expenses per Audited Statements$968,862
Total Expenses per Form 990$968,862
Expenses Not Reported on Form 990$3,300
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jordana RogersChild of Bd MemCompensationNo$32,200
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$115,006
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is prepared by an outside accounting firm. It is emailed to management and board of directors for review and approval prior to submission.

Form 990, Page 6, Part VI, Line 12C

The governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exists.

Form 990, Page 6, Part VI, Line 15A

The board determines compensation by reviewing appropriate and adequate data to determine the reasonableness of compensation. An evaluation is conducted annually.

Form 990, Page 6, Part VI, Line 19

Form 990 is available for public inspection on guidestar.org and charitiesnys.com. Form 990, financial statements and other policies are available upon request.

Filing and Contact Details

Filer

Filer Name
Literacy Solutions Ny Inc
EIN
13-3224096
Phone
9143757964
Address
PO BOX 693, YONKERS, NY 10702

Signing Officer

Name
Benito Herrero
Title
Pres/CEO
Phone
9143757964
Signed
2026-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benito Herrero
Formed
1984
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
43
Volunteers
90

Preparer

Firm
Victor J Cannistra CPA Pc
Address
43 KENSICO DR FL 2, MOUNT KISCO, NY 10549
Preparer
Victor J Cannistra CPA
Phone
9142413605
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Literacy solutions ny, inc. (lsny) operates english literacy programs for adult students via in-class instruction or small group tutoring. Our teachers are trained certified professionals, and our tutors are trained volunteers supported by professional faculty acting as academic coordinators. Additionally,lsny provides case management services to students who need resources, information or direction to solve various life challenges. Another area of service provided by lsny is citizenship preparation support. Our citizenship services program provides legal assistance to eligible residents seeking american citizenship in westchester and rockland counties in new york state. Lsny only offers in-person instruction and does not offer hybrid educational services. In fiscal year 2025, the organization served over 750 students who were reported to the new york state education department via the national reporting system. On average, students received 45 hours of instruction, and lsny met or exceeded all targets for student progress and achievement set by nys in the contracts held by lsny. Additionally, lsny holds the contract for the haverstraw literacy zone which provides a range of intensive case management services to students to remove barriers to instruction and employment. Referrals are given to students to help them deal with a variety of issues, i.e. Housing, food, insecurity, health issues including substance abuse, parenting issues, citizenship preparation and other referrals to help individuals with barriers to education and employment.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has determined that there are no uncertain tax positions that require recognition or disclosure in the finanical statements.

Raw XML Appendix400 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0LITERACY SOLUTIONS NY, INC. IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO PROVIDING STUDENT-CENTERED ENGLISH LITERACY SERVICES FOR ADULTS AND ACTING AS A RESOURCE FOR THE ADVANCEMENT OF LITERACY.
IRS990/AllOtherContributionsAmt076795
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IRS990/Desc0LITERACY SOLUTIONS NY, INC. (LSNY) OPERATES ENGLISH LITERACY PROGRAMS FOR ADULT STUDENTS VIA IN-CLASS INSTRUCTION OR SMALL GROUP TUTORING. OUR TEACHERS ARE TRAINED CERTIFIED PROFESSIONALS, AND OUR TUTORS ARE TRAINED VOLUNTEERS SUPPORTED BY PROFESSIONAL FACULTY ACTING AS ACADEMIC COORDINATORS. ADDITIONALLY,LSNY PROVIDES CASE MANAGEMENT SERVICES TO STUDENTS WHO NEED RESOURCES, INFORMATION OR DIRECTION TO SOLVE VARIOUS LIFE CHALLENGES. ANOTHER AREA OF SERVICE PROVIDED BY LSNY IS CITIZENSHIP PREPARATION SUPPORT. OUR CITIZENSHIP SERVICES PROGRAM PROVIDES LEGAL ASSISTANCE TO ELIGIBLE RESIDENTS SEEKING AMERICAN CITIZENSHIP IN WESTCHESTER AND ROCKLAND COUNTIES IN NEW YORK STATE. LSNY ONLY OFFERS IN-PERSON INSTRUCTION AND DOES NOT OFFER HYBRID EDUCATIONAL SERVICES. IN FISCAL YEAR 2025, THE ORGANIZATION SERVED OVER 750 STUDENTS WHO WERE REPORTED TO THE NEW YORK STATE EDUCATION DEPARTMENT VIA THE NATIONAL REPORTING SYSTEM. ON AVERAGE, STUDENTS RECEIVED 45 HOURS OF INSTRUCTION, AND LSNY MET OR EXCEEDED ALL TARGETS FOR STUDENT PROGRESS AND ACHIEVEMENT SET BY NYS IN THE CONTRACTS HELD BY LSNY. ADDITIONALLY, LSNY HOLDS THE CONTRACT FOR THE HAVERSTRAW LITERACY ZONE WHICH PROVIDES A RANGE OF INTENSIVE CASE MANAGEMENT SERVICES TO STUDENTS TO REMOVE BARRIERS TO INSTRUCTION AND EMPLOYMENT. REFERRALS ARE GIVEN TO STUDENTS TO HELP THEM DEAL WITH A VARIETY OF ISSUES, I.E. HOUSING, FOOD, INSECURITY, HEALTH ISSUES INCLUDING SUBSTANCE ABUSE, PARENTING ISSUES, CITIZENSHIP PREPARATION AND OTHER REFERRALS TO HELP INDIVIDUALS WITH BARRIERS TO EDUCATION AND EMPLOYMENT.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANICAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LITERACY SOLUTIONS NY, INC. (LSNY) OPERATES ENGLISH LITERACY PROGRAMS FOR ADULT STUDENTS VIA IN-CLASS INSTRUCTION OR SMALL GROUP TUTORING. OUR TEACHERS ARE TRAINED CERTIFIED PROFESSIONALS, AND OUR TUTORS ARE TRAINED VOLUNTEERS SUPPORTED BY PROFESSIONAL FACULTY ACTING AS ACADEMIC COORDINATORS. ADDITIONALLY,LSNY PROVIDES CASE MANAGEMENT SERVICES TO STUDENTS WHO NEED RESOURCES, INFORMATION OR DIRECTION TO SOLVE VARIOUS LIFE CHALLENGES. ANOTHER AREA OF SERVICE PROVIDED BY LSNY IS CITIZENSHIP PREPARATION SUPPORT. OUR CITIZENSHIP SERVICES PROGRAM PROVIDES LEGAL ASSISTANCE TO ELIGIBLE RESIDENTS SEEKING AMERICAN CITIZENSHIP IN WESTCHESTER AND ROCKLAND COUNTIES IN NEW YORK STATE. LSNY ONLY OFFERS IN-PERSON INSTRUCTION AND DOES NOT OFFER HYBRID EDUCATIONAL SERVICES. IN FISCAL YEAR 2025, THE ORGANIZATION SERVED OVER 750 STUDENTS WHO WERE REPORTED TO THE NEW YORK STATE EDUCATION DEPARTMENT VIA THE NATIONAL REPORTING SYSTEM. ON AVERAGE, STUDENTS RECEIVED 45 HOURS OF INSTRUCTION, AND LSNY MET OR EXCEEDED ALL TARGETS FOR STUDENT PROGRESS AND ACHIEVEMENT SET BY NYS IN THE CONTRACTS HELD BY LSNY. ADDITIONALLY, LSNY HOLDS THE CONTRACT FOR THE HAVERSTRAW LITERACY ZONE WHICH PROVIDES A RANGE OF INTENSIVE CASE MANAGEMENT SERVICES TO STUDENTS TO REMOVE BARRIERS TO INSTRUCTION AND EMPLOYMENT. REFERRALS ARE GIVEN TO STUDENTS TO HELP THEM DEAL WITH A VARIETY OF ISSUES, I.E. HOUSING, FOOD, INSECURITY, HEALTH ISSUES INCLUDING SUBSTANCE ABUSE, PARENTING ISSUES, CITIZENSHIP PREPARATION AND OTHER REFERRALS TO HELP INDIVIDUALS WITH BARRIERS TO EDUCATION AND EMPLOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS EMAILED TO MANAGEMENT AND BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD DETERMINES COMPENSATION BY REVIEWING APPROPRIATE AND ADEQUATE DATA TO DETERMINE THE REASONABLENESS OF COMPENSATION. AN EVALUATION IS CONDUCTED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION ON GUIDESTAR.ORG AND CHARITIESNYS.COM. FORM 990, FINANCIAL STATEMENTS AND OTHER POLICIES ARE AVAILABLE UPON REQUEST.
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