Civic Intelligence

Literacy Advance of Houston Inc

EIN 23-7228302 • 501(c)3 • Houston, TX

Profile

The mission of Literacy Advance is to transform lives and communities through the doorway of literacy.

2424 WilcrestHouston, TX 77042

www.literacyadvance.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

6th percentile

-69%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

92nd percentile

$128,971

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

12th percentile

-32%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $579,232 (-100%) from 2017

Liabilities

Down

$0

Down $48,561 (-100%) from 2017

Net Assets

Down

$0

Down $530,671 (-100%) from 2017

Revenue

Down

$769,164

Down $362,500 (-32%) from 2017

Expenses

Up

$1,299,835

Up $319,271 (+33%) from 2017

Net Income

Down

-$530,671

Down $681,771 (-451%) from 2017

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $522,557Liabilities 2013: $14,768Net Assets 2013: $507,7892013Assets 2014: $553,384Liabilities 2014: $23,657Net Assets 2014: $529,7272014Assets 2015: $480,649Liabilities 2015: $13,944Net Assets 2015: $466,7052015Assets 2016: $401,251Liabilities 2016: $21,680Net Assets 2016: $379,5712016Assets 2017: $579,232Liabilities 2017: $48,561Net Assets 2017: $530,6712017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2013: $1,048,834Expenses 2013: $1,006,182Net Income 2013: $42,6522013Revenue 2014: $1,117,698Expenses 2014: $1,095,760Net Income 2014: $21,9382014Revenue 2015: $960,170Expenses 2015: $1,023,192Net Income 2015: -$63,0222015Revenue 2016: $943,426Expenses 2016: $1,030,560Net Income 2016: -$87,1342016Revenue 2017: $1,131,664Expenses 2017: $980,564Net Income 2017: $151,1002017Revenue 2018: $769,164Expenses 2018: $1,299,835Net Income 2018: -$530,6712018

Highlighted filing

2018

Revenue$769,164
Expenses$1,299,835
Net Income-$530,671

Filings

Latest Detailed Filing

The latest 2018 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 5, 2018
Return Version
2017v2.2
Gross Receipts
$1,151,893
Mission and Program Overview

Mission

The mission of Literacy Advance is to transform lives and communities through the doorway of literacy.

Literacy Advance provides free English, literacy, computer and work readiness programs to adults in the Greater Houston community. Classes, led by trained volunteers, focus on student life skills, self-sufficiency and whole family literacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$101,881$244,567▲ $142,686
Pledges and Grants Receivable$266,738$229,155▼ $37,583
Savings and Temporary Cash Investments$573$77,587▲ $77,014
Prepaid Expenses and Deferred Charges$27,955$22,677▼ $5,278
Inventories for Sale or Use$2,546$4,553▲ $2,007
Land, Buildings, and Equipment, Net$1,558$693▼ $865
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$401,251$579,232▲ $177,981
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$21,680$48,561▲ $26,881
Total Liabilities$21,680$48,561▲ $26,881
Net Assets / Fund Balance
Unrestricted Net Assets$73,825$290,064▲ $216,239
Temporarily Rstr Net Assets$305,746$240,607▼ $65,139
Total Net Assets Fund Balance$379,571$530,671▲ $151,100
Total Liabilities and Net Assets / Fund Balance$401,251$579,232▲ $177,981

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$87,055$87,055
Other Land Buildings$693$36,622$37,315
Leasehold Improvements-$6,063$6,063
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melanie FiskCEOFT$100,000$6,342$106,342
Sheila MurphyFinance Mgr.FT$56,500$6,405$62,905

Board Members and Trustees

NameTitle
Chris CorwinPast President
Robin ToomsPresident
Michael LandersVice President
Bud JohnsonDirector
Diana HooverDirector
Ellen ElamDirector
Jolea PayneDirector
Martin GremmDirector
Victoria GibsonDirector
Julie StrausSecretary
Michelle SimmonsTreasurer
Val AldredTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
LandPark Commercial LLCOffice leasingPOBox 440939, Houston, TX 77244$109,060
Revenue and Support

Revenue Composition

Contributions and Grants
$1,106,411
Program Service Revenue
$19,900
Investment Income
$14
Other Revenue
$5,339
All Other Contributions
$457,341
Change in Net Assets
$151,100

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table50$15,418Sale Proceeds
Books and Publications-$10,393Fair Market Value (FMV)
Total Noncash Contributions50$25,811-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,131,664
Revenue Not Reported on Form 990
$138,872
Total Revenue per Audited Statements
$1,270,536
Total Revenue per Form 990
$1,131,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$682,424
Other Expenses$298,140
Total Fundraising Expense$142,705
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$347,274$30,614$38,482$416,370
Current Officers, Directors, Trustees, and Key Employees$64,887$73,733$25,357$163,977
Occupancy$98,154$5,453$5,453$109,060
Payroll Taxes$70,105$16,570$11,332$98,007
Information Technology$37,118$12,306$10,594$60,018
Office Expenses$34,943$2,771$16,234$53,948
Fees for Services Other$7,550$6,995$33,756$48,301
Fees for Services Accounting-$10,120-$10,120
Insurance$1,914$3,748-$5,662
Other Employee Benefits$2,894$725$451$4,070
Conferences and Meetings$2,052$566$250$2,868
Travel$2,099$187$32$2,318
Other Expenses$1,421$527$225$2,173
Depreciation Depletion$810$33$22$865
Total Functional Expenses$672,255$165,604$142,705$980,564

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,119,436
Expenses per Audited Statements$980,564
Total Expenses per Form 990$980,564
Expenses Not Reported on Form 990$138,872
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,568
Fundraising Direct Expenses$20,229
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scrabble Event$51,116$25,568$15,418$10,150
Total Events$51,116$25,568$20,229$5,339
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
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, Part VI, Line 11B: Form 990 Review Process

The CEO, the Treasurer and the President review the completed 990 and then it is sent on electronically to other board members for review prior to submission to the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members are required to sign and acknowledge the Conflict of Interest policy annually. The signed Conflict of Interest Policies are review by the President, then referred to the Executive Committee. If a conflict arises the conflict is reviewed by the Executive Committee. Depending upon the nature of the conflict the board member in conflict may be required to recuse themselves from any vote relating to the conflict or may be asked to resign from the board.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

An annual budget is created and approved by the Board of directors which includes salary and bonus information. Specific raises and bonuses for the CEO are approved by the Executive Committee prior to them taking effect.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Not applicable

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, Conflict of Interest Policy and financial statements are always available to the public upon request. The Form 990 is available on the Literacy Advance website at www.literacyadvance.org. Also, the Federal Form 990 and our Audited Financial Statements are available on www.guidestar.com.

Filing and Contact Details

Filer

Filer Name
Literacy Advance of Houston Inc
EIN
23-7228302
Phone
7132668777
Address
2424 Wilcrest, Houston, TX 77042

Signing Officer

Name
Melanie Fisk
Title
CEO
Signed
2018-07-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melanie Fisk
Formed
1964
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
21
Volunteers
337

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027-5132
Preparer
Jody Blazek
Phone
7134395739
Supplemental Narrative

Additional Explanations

Part III, Line 4A - cont'D Program Service Accomplishments

In addition to initial volunteer tutor training, Literacy Advance also provides ongoing enrichment training for volunteer tutors in order to enhance the quality of instruction provided in the classroom.During 2017, Literacy Advance trained and supported the specialized work of 257 volunteer tutors who contributed 18,801 hours of in-kind service and enabled 1,338 adults to complete 44,349 direct contact hours of literacy instruction. Literacy Advances volunteer management systems extend support not only to literacy tutors, but also to a large pool of administrative volunteers and a robust internship and work-study program. In addition to providing trained tutors for Literacy Advance programs, training is also provided to volunteer tutors who deliver programming at other community-based organizations.Literacy Advance volunteers delivered family literacy services to 838 adults and children in low-income area schools, churches and community centers and distributed 2,096 children's books for families to start or expand their home library. In total, Literacy Advance provided services to 2,176 direct beneficiaries in 2017. In addition to the main Wilcrest and Bay Area locations, Literacy Advance partnered with 13 organizations to deliver a high-quality literacy program at 18 outreach locations in the community. Through these collaborations, Literacy Advance provides program management and evaluation which allows libraries, colleges, human service nonprofits, and schools to offer high-quality literacy classes to clients without duplicating services.

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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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