Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
990 • Fiscal year 2021 • EIN 33-0395322
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
82nd percentile
Higher net margin than 82% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
54th percentile
Faster revenue growth than 54% of similar nonprofits.
Assets
Up$448,179
Up $113,246 (+34%) from 2020
Net Assets
Up$446,150
Up $111,224 (+33%) from 2020
Liabilities
Up$2,029
Up $2,022 (+28886%) from 2020
Revenue
Up$267,570
Up $21,646 (+8.8%) from 2020
Expenses
Down$156,346
Down $68,029 (-30%) from 2020
Net Income
Up$111,224
Up $89,675 (+416%) from 2020
The Literacy Projects (TLP) mission is to eliminate the literacy gap of emerging second graders who are functionally illiterate. Our vision is to remove the impediment of illiteracy from the lives of our most vulnerable children with the help of teachers, volunteers, mentors and role models. It is our hope that every second grade student is given the chance to have a solid foundation of English skills to advance their literacy development. This critical age, referred to as the literacy gap, is when a child becomes equipped with literacy skills that last a lifetime. To accomplish its mission, TLP accesses and enhances key phonic skills among struggling readers in second grade; promotes learning in a fun, social and interactive environment; uses proven methods to maximize the learning experience; and fosters self-sufficiency and economic success through academic and attitudinal achievement. TLP offers a comprehensive instructional program that improves both academic and attitudinal level
The Literacy Projects (TLP) mission is to eliminate the literacy gap of emerging, under-served, second graders who are functionally illiterate. Our vision is to remove the impediment of illiteracy from the lives of our most vulnerable children with the help of teachers, volunteers, mentors and role models. We will continue to grow organically while developing new strategies, products and tools that will be saleable, verifiable, and sustainable. And, we will strive to foster in our children the life-long love of reading, for it is the doorway to learning and achieving the American Dream. Our reading program, unlike any other, will enable children to catch up to their peers by the crucial third-grade literacy milestone and prepare children's literacy skills to "ease into" rather than struggle with the Common Core Standards. Giving the ability to participate in science, technology, engineering and math (STEM) programming.Founded in 2009, The Literacy Projects proven track record has helpe
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $272,627 | $384,734 | ▲ $112,107 |
| Inventories for Sale or Use | $59,890 | $59,260 | ▼ $630 |
| Accounts Receivable | - | $2,214 | - |
| Prepaid Expenses and Deferred Charges | $1,300 | $555 | ▼ $745 |
| Pledges and Grants Receivable | - | $300 | - |
| Savings and Temporary Cash Investments | - | $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 | - |
| Land, Buildings, and Equipment, Net | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Total Assets | $334,933 | $448,179 | ▲ $113,246 |
| Other Assets Total | $1,116 | $1,116 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $2,029 | - |
| Other Liabilities | $7 | - | - |
| Total Liabilities | $7 | $2,029 | ▲ $2,022 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $334,926 | $446,150 | ▲ $111,224 |
| Total Net Assets Fund Balance | $334,926 | $446,150 | ▲ $111,224 |
| Total Liabilities and Net Assets / Fund Balance | $334,933 | $448,179 | ▲ $113,246 |
| Name | Title |
|---|---|
| Sue Grant | President |
| Scott Lopez | Vice President |
| Arnie Rubin | Director |
| Bill Passo | Director |
| Christopher Trela | Director |
| Dennis Kuhl | Director |
| Jim Steele | Director |
| Michael Travis | Director |
| Paula Karcher | Director |
| Sinan Kanatsiz | Director |
| Joe Stapleton | Secretary |
| Penny M Fox | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $156,346 |
| Total Fundraising Expense | $8,669 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $87,600 | - | - | $87,600 |
| All Other Expenses | $2,942 | $2,356 | $7,819 | $13,117 |
| Other Expenses | $5,750 | $6,933 | - | $5,750 |
| Fees for Services Accounting | - | $3,000 | - | $3,000 |
| Occupancy | $2,290 | - | - | $2,290 |
| Advertising | - | - | $850 | $850 |
| Office Expenses | $168 | - | - | $168 |
| Insurance | $-862 | $910 | - | $48 |
| Total Functional Expenses | $134,478 | $13,199 | $8,669 | $156,346 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $16,667 |
| Gaming Direct Expenses | $11,613 |
| Gaming Gross Income | $7,607 |
| Fundraising Direct Expenses | $400 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| David Yurman Event | $16,667 | $16,667 | $400 | $16,267 |
| Total Events | $16,667 | $16,667 | $400 | $16,267 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“Tax filings are reviewed and discussed at quarterly board meetings.”
“Compliance with the conflict of interest policies are monitored at quarterlymeetings where policies and procedures are reviewed and discussed.”
“Disclosure of all governing documents, policies, and financial statements are available upon request.”
“Goals:Target specific markets with low literacy rates, disadvantaged youth in Title 1, at-risk and levels 3-5 schools of the Performance Improvement (PI);Provide a highly cost effective, user friendly and easily comprehensible learning methodIncrease the learning experience using proven, scientific methods;Provide Master Teachers as highly specialized administrators;Provide pre- and post-testing to substantiate the success rate;Ensure literacy for the crucial third-grade literacy milestone; and Foster long-term self-sufficiency and economic success.Programming:The Literacy Project (TLP) offers a comprehensive instructional program that improves both academic and attitudinal levels of students performing far below English proficiency standards. TLP accesses and enhances key phonic skills; promotes learning in a fun, socially interactive and collaborative learning environment. TLPs reading program fosters self-sufficiency and economic success through academic and attitudinal achievement. The academic segment utilizes The New Phonics Game, a proprietary reading product which was co-developed by The Regents of the University of California. The 30-hour program, five days weekly during daytime classroom instruction, is administered by TLPs highly credentialed Master Teachers. The program is provided at no cost to both the school and at-risk students in the second and third grade. The program teaches the fundamental principles of phonics and literacy in all three learning modalitiesauditory, visual and tactilecritical to children with varying learning styles. TLP conducts four teaching cycles each school year, graduating 72 students per school annually. The primary advantage of The Literacy Projects reading program is the focus on helping students augment their classroom instruction by practicing essential reading skills in a unique and stimulating way, thus effectively extending the instructional day to ensure mastery of the English Language.”
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/ActivityOrMissionDesc | 0 | The Literacy Projects (TLP) mission is to eliminate the literacy gap of emerging, under-served, second graders who are functionally illiterate. Our vision is to remove the impediment of illiteracy from the lives of our most vulnerable children with the help of teachers, volunteers, mentors and role models. We will continue to grow organically while developing new strategies, products and tools that will be saleable, verifiable, and sustainable. And, we will strive to foster in our children the life-long love of reading, for it is the doorway to learning and achieving the American Dream. Our reading program, unlike any other, will enable children to catch up to their peers by the crucial third-grade literacy milestone and prepare children's literacy skills to "ease into" rather than struggle with the Common Core Standards. Giving the ability to participate in science, technology, engineering and math (STEM) programming.Founded in 2009, The Literacy Projects proven track record has helpe |
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| IRS990/Desc | 0 | The Literacy Project has an astounding proven track record since its inception in 2009.Through strategic pre- and post-testing, both academic and attitudinal, The Literacy Project program proves significant, measurable growth in phonics, word decoding, word identification, English fluency, and reading which increases self-confidence and self-esteem of reading skills. Attitudinal pre- and post-testing is based upon a nationally acclaimed assessment method.In 2012, the Orange County Department of Educations (OCDE), Evaluation, Data and Assessment Center (EDAC) completed an independent review of the program. The Executive Data Summary concluded, "Tested students began the program with lower reading skills than the comparison group and tested significantly higher than non-participating students at the end of the program. Despite different grades, ages and schools, participating students consistently out-performed their classmates who were not enrolled in the reading program. Participating students improved an average of three-fourths a grade level or equivalent to seven months of classroom instruction over the course of TLPs 30-hour literacy program. The results of this evaluation proved that the program provides success and measurable improvement through both academic and attitudinal aspects. Participants started the program with a reading proficiency level below 25% of their non-participating peers. The program increased the participants phonetic skills by an average of 76% and results demonstrated reading proficiency nearly identical to their peers which means TLPs program succeeded in bridging their literacy gap. This is a significant increase when compared to the performance of the comparison group. In some cases, studies show that the participant outscored the control group (non-participant) as much as 129%. An average of 58% recorded a reading proficiency ABOVE their peer group. In the post-program attitudinal survey, significant measurable results indicated that:Over 80% reported that reading was more enjoyableOver 80% felt they had become better readersOver 60% liked school moreOver 70% felt their grades were improvingOver 75% reported that reading better had made school more fun |
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| IRS990/MissionDesc | 0 | The Literacy Projects (TLP) mission is to eliminate the literacy gap of emerging, under-served, second graders who are functionally illiterate. Our vision is to remove the impediment of illiteracy from the lives of our most vulnerable children with the help of teachers, volunteers, mentors and role models. We will continue to grow organically while developing new strategies, products and tools that will be saleable, verifiable, and sustainable. And, we will strive to foster in our children the life-long love of reading, for it is the doorway to learning and achieving the American Dream. Our reading program, unlike any other, will enable children to catch up to their peers by the crucial third-grade literacy milestone and prepare children's literacy skills to "ease into" rather than struggle with the Common Core Standards. Giving the ability to participate in science, technology, engineering and math (STEM) programming.Founded in 2009, The Literacy Projects proven track record has helpe |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | TAX FILINGS ARE REVIEWED AND DISCUSSED AT QUARTERLY BOARD MEETINGS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | COMPLIANCE WITH THE CONFLICT OF INTEREST POLICIES ARE MONITORED AT QUARTERLYMEETINGS WHERE POLICIES AND PROCEDURES ARE REVIEWED AND DISCUSSED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DISCLOSURE OF ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Goals:Target specific markets with low literacy rates, disadvantaged youth in Title 1, at-risk and levels 3-5 schools of the Performance Improvement (PI);Provide a highly cost effective, user friendly and easily comprehensible learning methodIncrease the learning experience using proven, scientific methods;Provide Master Teachers as highly specialized administrators;Provide pre- and post-testing to substantiate the success rate;Ensure literacy for the crucial third-grade literacy milestone; and Foster long-term self-sufficiency and economic success.Programming:The Literacy Project (TLP) offers a comprehensive instructional program that improves both academic and attitudinal levels of students performing far below English proficiency standards. TLP accesses and enhances key phonic skills; promotes learning in a fun, socially interactive and collaborative learning environment. TLPs reading program fosters self-sufficiency and economic success through academic and attitudinal achievement. The academic segment utilizes The New Phonics Game, a proprietary reading product which was co-developed by The Regents of the University of California. The 30-hour program, five days weekly during daytime classroom instruction, is administered by TLPs highly credentialed Master Teachers. The program is provided at no cost to both the school and at-risk students in the second and third grade. The program teaches the fundamental principles of phonics and literacy in all three learning modalitiesauditory, visual and tactilecritical to children with varying learning styles. TLP conducts four teaching cycles each school year, graduating 72 students per school annually. The primary advantage of The Literacy Projects reading program is the focus on helping students augment their classroom instruction by practicing essential reading skills in a unique and stimulating way, thus effectively extending the instructional day to ensure mastery of the English Language. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART III, LINE 1 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.