Civic Intelligence

Augustine Literacy Project of the Triangle

990 • Fiscal year 2021 • EIN 47-2832907

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

112 Broadway St Suite BDurham, NC 27701

(919) 403-7990

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

48th percentile

0.00x

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

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

48th percentile

0.00x

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

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Net Margin

68th percentile

29%

Higher net margin than 68% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$65,717

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 27.3% of source-year revenue.

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Asset Growth

52nd percentile

8.5%

Faster asset growth than 52% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

10%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$352,688

Up $27,553 (+8.5%) from 2020

Net Assets

Up

$352,688

Up $70,753 (+25%) from 2020

Liabilities

Down

$0

Down $43,200 (-100%) from 2020

Revenue

Up

$240,781

Up $22,387 (+10%) from 2020

Expenses

Down

$170,029

Down $75,557 (-31%) from 2020

Net Income

Up

$70,752

Up $97,944 (+360%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2016: $447,367Liabilities 2016: $0Net Assets 2016: $447,3672016Assets 2017: $417,914Liabilities 2017: $15,000Net Assets 2017: $402,9142017Assets 2018: $335,928Liabilities 2018: $0Net Assets 2018: $335,9282018Assets 2019: $309,127Liabilities 2019: $0Net Assets 2019: $309,1272019Assets 2020: $325,135Liabilities 2020: $43,200Net Assets 2020: $281,9352020Assets 2021: $352,688Liabilities 2021: $0Net Assets 2021: $352,6882021Assets 2022: $245,297Liabilities 2022: $0Net Assets 2022: $245,2972022Assets 2023: $252,486Liabilities 2023: $6,459Net Assets 2023: $246,0272023Assets 2024: $198,811Liabilities 2024: $6,881Net Assets 2024: $191,9302024

Highlighted filing

2021

Assets$352,688
Liabilities$0
Net Assets$352,688

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2016: $291,991Expenses 2016: $249,613Net Income 2016: $42,3782016Revenue 2017: $271,199Expenses 2017: $313,353Net Income 2017: -$42,1542017Revenue 2018: $194,446Expenses 2018: $281,432Net Income 2018: -$86,9862018Revenue 2019: $248,905Expenses 2019: $275,705Net Income 2019: -$26,8002019Revenue 2020: $218,394Expenses 2020: $245,586Net Income 2020: -$27,1922020Revenue 2021: $240,781Expenses 2021: $170,029Net Income 2021: $70,7522021Revenue 2022: $153,254Expenses 2022: $258,645Net Income 2022: -$105,3912022Revenue 2023: $193,352Expenses 2023: $192,622Net Income 2023: $7302023Revenue 2024: $46,377Expenses 2024: $100,473Net Income 2024: -$54,0962024

Highlighted filing

2021

Revenue$240,781
Expenses$170,029
Net Income$70,752
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$240,781
Mission and Program Overview

Mission

Envisioning a community where all children can read, write, and spell, the project trains and supports volunteer tutors who provide free, long-term, one-to-one instruction to improve the skills of low-income children who need extra help to succeed in the classroom. The project will provide exemplary training and support, based on the Orton-Gillingham approach, for volunteer tutors who work with low-income children struggling to read, write, and spell.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$225,508$228,652▲ $3,144
Cash and Non-Interest-Bearing Accounts$99,557$123,963▲ $24,406
Accounts Receivable$71$73▲ $2
Total Assets$325,136$352,688▲ $27,552
Liabilities
Unsecured Notes Loans Payable$43,200--
Total Liabilities$43,200$0▼ $43,200
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$260,750$331,127▲ $70,377
Net Assets With Donor Restrictions$21,186$21,561▲ $375
Total Net Assets Fund Balance$281,936$352,688▲ $70,752
Total Liabilities and Net Assets / Fund Balance$325,136$352,688▲ $27,552

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$212,195$0▲ $2,698$0$214,893
2020$208,485$0▲ $3,710$0$212,195
2019$203,824$0▲ $4,661$0$208,485
2018$200,000$0▲ $3,824$0$203,824
2017$200,000$0→ $0$0$200,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lori EasterlinExecutive DirectorFT$65,717$65,717

Board Members and Trustees

NameTitle
Michael BrownBoard Chair
Kisha DanielsVice-Chair
Alex HurdleBoard Member
Crawford LeavoyBoard Member
Daniela SanchezBoard Member
Layla RiveraBoard Member
Mark FordBoard Member
Linda McDonoughFounder, Board Member
Gardy PerardSecretary
Nancy Usher WilliamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$172,407
Program Service Revenue
$22,000
Investment Income
$3,174
Other Revenue
$43,200
All Other Contributions
$172,407
Change in Net Assets
$70,752

Audited Revenue Reconciliation

Revenue per Audited Statements
$240,781
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$240,781
Total Revenue per Form 990
$240,781
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$141,302
Total Fundraising Expense$57,187
Other Expenses$28,727
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$47,348$13,362$44,507$105,217
Other Salaries and Wages$24,050$0$0$24,050
Fees for Services Other$7,795$2,200$7,328$17,323
Payroll Taxes$4,689$1,322$4,395$10,406
Pension Plan Contributions$733$207$689$1,629
Other Expenses$528$741$268$1,537
Total Functional Expenses$92,681$20,161$57,187$170,029

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$170,029
Total Expenses per Audited Statements$170,029
Total Expenses per Form 990$170,029
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 B, Line 11B

The return was prepared by a volunteer CPA with significant experience preparing Forms 990. The collaboration of the executive director was key in completing the return. Each member of the board received a copy of the return.

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

Each year an email survey is sent to all members of the board plus key employees. They are required to disclose conflicts of interest, and they are required to return the survey even if it indicates no conflicts of interest. No conflicts of interest were disclosed in the latest survey.

Form 990, Part VI, Section B, Line 15

The Executive Director sets the salaries of her staff subject to Board review. The Board worked out the compensation of the executive director and adopted no increase. All salaries are comparable to salaries for similar positions in other small organizations.

Form 990, Part VI, Section C, Line 19

Such documents are available on request. No requests were made to the organization for the documents.

Filing and Contact Details

Filer

Filer Name
Children's Literacy Project
EIN
47-2832907
Phone
9194037990
Address
112 Broadway St Suite B, Durham, NC 27701

Signing Officer

Name
Nancy Williams
Title
Treasurer
Phone
9194037990
Signed
2022-11-15

Organization Details

Principal Officer
Lori Easterlin
Formed
2015
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
87
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

This paid for strategic planning for the organization and executive coaching for the executive director.

Financial Statement Notes

Schedule D, Part V, Line 4

The board intends the quasi-endowment to provide for the growth and security of the organization.

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IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt043200
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024050
IRS990/OtherSalariesAndWagesGrp/TotalAmt024050
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04395
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01322
IRS990/PayrollTaxesGrp/ProgramServicesAmt04689
IRS990/PayrollTaxesGrp/TotalAmt010406
IRS990/PensionPlanContributionsGrp/FundraisingAmt0689
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0207
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0733
IRS990/PensionPlanContributionsGrp/TotalAmt01629
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Lori Easterlin
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0High School Program Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022000
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt022000
IRS990/ProgSrvcAccomActy2Grp/Desc0High-school Tutor Training Program: During the academic day and year, 27 seniors at Durham Academy, Durham, NC, and Trinity School of Durham and Chapel Hill, NC were trained as Augustine tutors. The students served as tutors for struggling, elementary-school children for most of the academic year. The training for students contains the same instruction as the adult training. It is simply taught in smaller segments over more time. At least 54 people benefitted from this training.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt030308
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt022000
IRS990/ProgSrvcAccomActy3Grp/Desc0Tutor support: The Training Program Coordinator schedules several opportunities for tutors to gather and discuss tutoring. These meetings are usually focused on a particular area of tutor training. The Training Program Coordinator considers the needs and requests of the tutors as she schedules these meetings. These gatherings also provide the tutors with opportunities to mutually support each other, especially by sharing stories of success. These gatherings continued on Zoom on an irregular basis during the pandemic. Many people benefited from this opportunity.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07818
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0189371
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04423
IRS990/PYOtherExpensesAmt056370
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt024600
IRS990/PYRevenuesLessExpensesAmt0-27192
IRS990/PYSalariesCompEmpBnftPaidAmt0189216
IRS990/PYTotalExpensesAmt0245586
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0218394
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt070752
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0225508
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0228652
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Amounts on this line for 2019 - 2021 were reduced by $50,000 per year for an unusual grant that is being paid over four years beginning in 2019. This unusual grant was not accounted for in the previous years; the inadvertent omission is corrected here.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 1
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0122407
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0163971
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0154147
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0134836
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0237014
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0812375
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03174
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04423
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05572
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04629
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02195
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt019993
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0174757
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73021
IRS990ScheduleA/PublicSupportPY170Pct00.9796
IRS990ScheduleA/PublicSupportTotal170Amt0607806
IRS990ScheduleA/SubstantialContributorsTotAmt0204569
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0122407
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0163971
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0154147
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0134836
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0237014
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0812375
IRS990ScheduleA/TotalSupportAmt0832368
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/BoardDesignatedBalanceEOYPct01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0212195
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0214893
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt00
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02698
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0208485
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0212195
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03710
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0203824
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0208485
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04661
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0200000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0203824

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