Civic Intelligence

Literacy Lab

EIN 47-2116172 • 501(c)3 • Mill Valley, CA

Profile

Litlab's mission is to create connected and interactive early learning environments by deploying books, digital content, and blended learning solutions for under-resourced children, their caregivers, and educators.

1 Weatherly Dr Apt 101Mill Valley, CA 94941

www.litlab.org

Siviq Scores

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

Liabilities / Assets

85th percentile

0.32x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

82nd percentile

0.10x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

87th percentile

42%

Higher net margin than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

92nd percentile

87%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

2.1%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$155,212

Up $72,133 (+87%) from 2020

Liabilities

Down

$49,417

Down $84,149 (-63%) from 2020

Net Assets

Up

$105,795

Up $156,282 (+310%) from 2020

Revenue

Up

$486,996

Up $9,833 (+2.1%) from 2020

Expenses

Down

$280,714

Down $225,210 (-45%) from 2020

Net Income

Up

$206,282

Up $235,043 (+817%) from 2020

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2015: $494,071Liabilities 2015: $35,346Net Assets 2015: $458,7252015Assets 2016: $636,503Liabilities 2016: $71,262Net Assets 2016: $565,2412016Assets 2017: $619,750Liabilities 2017: $57,914Net Assets 2017: $561,8362017Assets 2018: $260,731Liabilities 2018: $49,033Net Assets 2018: $211,6982018Assets 2019: $91,650Liabilities 2019: $113,376Net Assets 2019: -$21,7262019Assets 2020: $83,079Liabilities 2020: $133,566Net Assets 2020: -$50,4872020Assets 2021: $155,212Liabilities 2021: $49,417Net Assets 2021: $105,7952021

Highlighted filing

2021

Assets$155,212
Liabilities$49,417
Net Assets$105,795

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2015: $1,524,177Expenses 2015: $1,065,452Net Income 2015: $458,7252015Revenue 2016: $1,184,679Expenses 2016: $1,078,163Net Income 2016: $106,5162016Revenue 2017: $1,062,522Expenses 2017: $1,076,713Net Income 2017: -$14,1912017Revenue 2018: $782,266Expenses 2018: $1,132,404Net Income 2018: -$350,1382018Revenue 2019: $487,610Expenses 2019: $721,034Net Income 2019: -$233,4242019Revenue 2020: $477,163Expenses 2020: $505,924Net Income 2020: -$28,7612020Revenue 2021: $486,996Expenses 2021: $280,714Net Income 2021: $206,2822021

Highlighted filing

2021

Revenue$486,996
Expenses$280,714
Net Income$206,282

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 9, 2022
Return Version
2021v4.0
Gross Receipts
$486,996
Mission and Program Overview

Mission

Litlab's mission is to create connected and interactive early learning environments by deploying books, digital content, and blended learning solutions for under-resourced children, their caregivers, and educators.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$32,772$104,368▲ $71,596
Loans From Officers Directors$50,000--
Inventories for Sale or Use$48,765$48,765→ $0
Prepaid Expenses and Deferred Charges$1,529$1,485▼ $44
Savings and Temporary Cash Investments$13$594▲ $581
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$83,079$155,212▲ $72,133
Liabilities
Unsecured Notes Loans Payable$71,300$49,250▼ $22,050
Accounts Payable and Accrued Expenses$12,266$167▼ $12,099
Total Liabilities$133,566$49,417▼ $84,149
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-50,487$105,795▲ $156,282
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$-50,487$105,795▲ $156,282
Total Liabilities and Net Assets / Fund Balance$83,079$155,212▲ $72,133

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$108,508$108,508
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laura ReedCEOFT$123,663$123,663

Board Members and Trustees

NameTitle
Ush PatelBoard President
Eliza LeightonBoard Member
Joshua WrightBoard Member
Steve MidgleyBoard Member
Lea Anne BordersSecretary
Mike KnychTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$480,952
Program Service Revenue
$5,495
Investment Income
$0
Other Revenue
$549
All Other Contributions
$328,599
Change in Net Assets
$206,282
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$202,329
Other Expenses$78,385
Total Fundraising Expense$15,922
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$106,684$1,235$6,275$114,194
Other Salaries and Wages$46,472--$46,472
Other Expenses$30,741$0$7,050$37,791
Other Employee Benefits-$23,790-$23,790
Fees for Services Accounting-$17,465-$17,465
Payroll Taxes$11,906$4,046$483$16,435
Fees for Services Other-$5,373$409$5,782
Information Technology$3,098$2,301-$5,399
Office Expenses$686$3,820$244$4,750
Occupancy-$3,735-$3,735
Advertising$180-$1,408$1,588
Pension Plan Contributions-$1,438-$1,438
Insurance-$918-$918
Interest-$904-$904
Travel--$53$53
Total Functional Expenses$199,767$65,025$15,922$280,714
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$50,000--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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, Section A, Line 2

Board members joshua wright and eliza leighton are married.

Form 990, Part VI, Section A, Line 8B

There are no sub-committees of the board of directors.

Form 990, Part VI, Section B, Line 11B

A draft form 990 is shared with the board treasurer and board chair for initial review. The form 990 is provided to the full board prior to filing.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed annually.

Form 990, Part VI, Section B, Line 15

Compensation for the ceo is determined by the board chair and the treasurer.

Form 990, Part VI, Section C, Line 19

Documents are available upon reasonable request.

Filing and Contact Details

Filer

Filer Name
Literacy Lab
EIN
47-2116172
Phone
4158102044
Address
1 WEATHERLY DR APT 101, MILL VALLEY, CA 94941
Doing Business As
Litlab

Signing Officer

Name
Laura Reed
Title
CEO
Phone
4158102044
Signed
2022-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Reed
Formed
2014
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
3
Volunteers
6

Preparer

Firm
Easy Office Dba Jitasa
Address
1750 W FRONT STREET SUITE 200, BOISE, ID 83702
Preparer
Jeremy Cork
Phone
2082874777
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IRS990/ProgSrvcAccomActy2Grp/Desc0INTERACTIVE READING & LEARNING TOOLS: THE LITTAB PROGRAM COMBINES A TABLET, EBOOKS, AND LEARNING APPS TO TRANSFORM HOW A CHILD EXPERIENCING POVERTY DEVELOPS LEARNING PATHWAYS FOR SCHOOL READINESS AND SUCCESS. LITERACY LAB MAKES LEARNING RESOURCES TO CHILDREN BY PROVIDING HIGH-QUALITY EBOOKS AND LEARNING APPS, ACCESSIBLE IN MULTIPLE LANGUAGES, THE LITTAB PROGRAM ALSO CHANGES ACTIONS BY OFFERING INTERACTIVE BLENDED LEARNING SOLUTIONS THAT ENGAGE PARENTS AND CAREGIVERS TO USE TECHNOLOGY TO INTERACT AND DRIVE THEIR CHILDREN'S LEARNING.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0FAMILY & EDUCATOR ENGAGEMENT - RESEARCH HAS REPEATEDLY CONFIRMED THAT FAMILY ENGAGEMENT IN A CHILD'S EARLY LEARNING SUPPORTS LATER ACADEMIC SUCCESS. AT LITERACY LAB, WE BELIEVE THAT PARENT AND CAREGIVER INVOLVEMENT IS A CRITICAL ELEMENT OF A CHILD'S DEVELOPMENT. OUR FAMILY & EDUCATOR WORKSHOP PROGRAM EDUCATES, SUPPORTS, AND ACTIVATES PARENTS, CHILDCARE PROVIDERS, SERVICE PROVIDERS, AND TEACHERS ON THE CRITICAL IMPORTANCE OF BEING INVOLVED IN A CHILD'S EARLY LEARNING AND HOW TO IMPLEMENT STRATEGIES THAT FOSTER A CHILD'S LITERACY, LANGUAGE, AND OVERALL DEVELOPMENT. WE BELIEVE THAT WHEN PARENTS, CAREGIVERS, AND SUPPORTERS GET ACTIVATED, CHILDREN ARE READY TO LEARN AND READY FOR SCHOOL AND COMMUNITIES GET STRONGER. THIS PROGRAM IS DESIGNED TO REACH A CHILD'S "FIRST TEACHER"-THEIR PARENTS AND CAREGIVERS AS WELL AS SERVICE PROVIDERS AND TEACHERS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt027721
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt04375
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0469078
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01316
IRS990/PYOtherExpensesAmt0167804
IRS990/PYOtherRevenueAmt06769
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-28761
IRS990/PYSalariesCompEmpBnftPaidAmt0338120
IRS990/PYTotalExpensesAmt0505924
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0477163
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0206282
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt013
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0594
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0RELATED RENTAL INCOME
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0480952
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0469078
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0436822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0700867
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0966480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03054199
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt074
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0136
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0146575
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06160
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt028443
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt029428
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt030300
IRS990ScheduleA/OtherIncome170Grp/TotalAmt094331
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66590
IRS990ScheduleA/PublicSupportPY170Pct00.66468
IRS990ScheduleA/PublicSupportTotal170Amt02096686
IRS990ScheduleA/SubstantialContributorsTotAmt0957513
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0480952
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0469078
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0436822
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0700867
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0966480
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03054199
IRS990ScheduleA/TotalSupportAmt03148666
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0108508
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0108508
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS JOSHUA WRIGHT AND ELIZA LEIGHTON ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO SUB-COMMITTEES OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT FORM 990 IS SHARED WITH THE BOARD TREASURER AND BOARD CHAIR FOR INITIAL REVIEW. THE FORM 990 IS PROVIDED TO THE FULL BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR THE CEO IS DETERMINED BY THE BOARD CHAIR AND THE TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE AVAILABLE UPON REASONABLE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt083079
IRS990/TotalAssetsEOYAmt0155212
IRS990/TotalAssetsGrp/BOYAmt083079
IRS990/TotalAssetsGrp/EOYAmt0155212
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0480952
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015922
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt065025
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0199767
IRS990/TotalFunctionalExpensesGrp/TotalAmt0280714
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0133566
IRS990/TotalLiabilitiesEOYAmt049417
IRS990/TotalLiabilitiesGrp/BOYAmt0133566
IRS990/TotalLiabilitiesGrp/EOYAmt049417
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-50487
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0105795
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt027721
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt04375
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0199767
IRS990/TotalProgramServiceRevenueAmt05495
IRS990/TotalReportableCompFromOrgAmt0123663

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