Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Literacy Volunteers of Kennebec
EIN 23-7409748 • 501(c)3 • Augusta, ME
Pub. 78 Eligible990-N CoverageNTEE B60
Profile
The mission of literacy volunteers of kennebec is to improve reading, writing and related literacy skills of adults so each individual may reach their potential, and to promote and advocate for literacy. Lvk is committed to recognizing the value of each individual, to treating each individual with respect and compassion, to partnering with other service organizations, and to be welcoming to all who seek our services. Building literacy skills is foundational to community well-being.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 29.6% of source-year revenue.
Asset Growth
71st percentile
Faster asset growth than 71% of similar nonprofits.
Revenue Growth
72nd percentile
Faster revenue growth than 72% of similar nonprofits.
Balance Sheet
Assets
Up$175,990
Up $30,591 (+21%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$175,990
Up $30,591 (+21%) from 2023
Revenue
Up$105,294
Up $21,952 (+26%) from 2023
Expenses
Down$76,786
Down $8,666 (-10%) from 2023
Net Income
Up$28,508
Up $30,618 (+1451%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $175,990
- Liabilities
- $0
- Net assets
- $175,990
- Revenue
- $105,294
- Expenses
- $76,786
- Net income
- $28,508
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $1.76 | $0.00 | $1.76 | $1.05 | $0.77 | $0.29 |
| 2023Detailed filing. Detailed filing data is available for this year. | $1.45 | $0.00 | $1.45 | $0.83 | $0.85 | $0.02 |
| 2022Detailed filing. Detailed filing data is available for this year. | $1.45 | $0.00 | $1.45 | $0.75 | $0.89 | $0.14 |