Civic Intelligence

Cape Fear Literacy Council

EIN 58-1613254 • 501(c)3 • Wilmington, NC

Profile

The council seeks to improve literacy and english skills amongst adults of all ages in southeastern nc to enable them to lead more productive and rewarding lives.

1012 South 17th StWilmington, NC 28401

www.cfliteracy.org

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.08x

Higher debt load relative to assets than 52% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.24x

Higher debt load relative to revenue than 71% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2024

Net Margin

55th percentile

7.5%

Higher net margin than 55% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

51st percentile

$60,226

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

NTEE B • $1M-$5M nonprofits • Source year 2024

Asset Growth

43rd percentile

2.0%

Faster asset growth than 43% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-0.5%

Faster revenue growth than 34% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,818,008

Up $194,849 (+12%) from 2022

Liabilities

Down

$153,825

Down $57,841 (-27%) from 2022

Net Assets

Up

$1,664,183

Up $252,690 (+18%) from 2022

Revenue

Up

$652,545

Up $93,814 (+17%) from 2022

Expenses

Up

$603,852

Up $114,841 (+23%) from 2022

Net Income

Down

$48,693

Down $21,027 (-30%) from 2022

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2016: $1,203,361Liabilities 2016: $378,391Net Assets 2016: $824,9702016Assets 2017: $1,289,160Liabilities 2017: $340,246Net Assets 2017: $948,9142017Assets 2019: $1,495,321Liabilities 2019: $290,010Net Assets 2019: $1,205,3112019Assets 2020: $1,583,509Liabilities 2020: $326,012Net Assets 2020: $1,257,4972020Assets 2021: $1,620,387Liabilities 2021: $246,744Net Assets 2021: $1,373,6432021Assets 2022: $1,623,159Liabilities 2022: $211,666Net Assets 2022: $1,411,4932022Assets 2024: $1,818,008Liabilities 2024: $153,825Net Assets 2024: $1,664,1832024

Highlighted filing

2024

Assets$1,818,008
Liabilities$153,825
Net Assets$1,664,183

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2016: $454,481Expenses 2016: $438,591Net Income 2016: $15,8902016Revenue 2017: $488,679Expenses 2017: $387,975Net Income 2017: $100,7042017Revenue 2019: $572,585Expenses 2019: $446,217Net Income 2019: $126,3682019Revenue 2020: $468,375Expenses 2020: $426,461Net Income 2020: $41,9142020Revenue 2021: $533,734Expenses 2021: $427,871Net Income 2021: $105,8632021Revenue 2022: $558,731Expenses 2022: $489,011Net Income 2022: $69,7202022Revenue 2024: $652,545Expenses 2024: $603,852Net Income 2024: $48,6932024

Highlighted filing

2024

Revenue$652,545
Expenses$603,852
Net Income$48,693

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 18, 2025
Return Version
2024v5.0
Gross Receipts
$683,681
Mission and Program Overview

Mission

The Council seeks to improve literacy and English skills amongst adults of

To provide personalized education so adults can transfrom their lives and contribute to a stronger community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$863,768$855,158▼ $8,610
Investments in Publicly Traded Securities$435,717$544,737▲ $109,020
Savings and Temporary Cash Investments$158,138$284,247▲ $126,109
Pledges and Grants Receivable$151,622$82,680▼ $68,942
Cash and Non-Interest-Bearing Accounts$162,757$51,186▼ $111,571
Prepaid Expenses and Deferred Charges$9,870--
Total Assets$1,781,872$1,818,008▲ $36,136
Liabilities
Mortgage Notes Payable Secured by Investment Property$157,029$124,896▼ $32,133
Accounts Payable and Accrued Expenses$19,230$28,929▲ $9,699
Deferred Revenue$1,235--
Total Liabilities$177,494$153,825▼ $23,669
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,452,756$1,581,503▲ $128,747
Net Assets With Donor Restrictions$151,622$82,680▼ $68,942
Total Net Assets Fund Balance$1,604,378$1,664,183▲ $59,805
Total Liabilities and Net Assets / Fund Balance$1,781,872$1,818,008▲ $36,136

Asset Categories

AssetBook ValueDepreciationBasis
Land$548,662-$548,662
Buildings$280,592$198,011$478,603
Equipment$14,344$12,540$26,884
Other Land Buildings$11,560$9,428$20,988
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yasmin Shah TomkinsonExecutive DiPT$52,826$7,400$60,226

Board Members and Trustees

NameTitle
Caroline ScorzaPresident
Angelo WilliamsBoard Member
Anna AverittBoard Member
Caleb RashBoard Member
Caroline GannBoard Member
Hannah McgeeBoard Member
Isabela LujanBoard Member
Katie SchmidtBoard Member
Maria SmithBoard Member
Marrio JeterBoard Member
Morgan ArnoldBoard Member
Sarah StoneBoard Member
Alondra Vazquez JuradoSecretary
Karin CarsonTreasurer
Katie MedinaVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$619,448
Program Service Revenue
$0
Investment Income
$35,074
Other Revenue
$-1,977
All Other Contributions
$341,181
Change in Net Assets
$48,693

Audited Revenue Reconciliation

Revenue per Audited Statements
$651,494
Revenue Not Reported on Financial Statements
$1,051
Revenue Not Reported on Form 990
$25,619
Total Revenue per Audited Statements
$677,113
Total Revenue per Form 990
$652,545
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$387,308
Other Expenses$216,544
Total Fundraising Expense$66,033
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$207,643$38,008$45,822$291,473
Current Officers, Directors, Trustees, and Key Employees$39,620$10,565$2,641$52,826
Fees for Services Other$26,888$5,041$1,680$33,609
Payroll Taxes$18,192$3,527$3,660$25,379
Depreciation Depletion$20,189$3,786$1,262$25,237
All Other Expenses$13,052$2,448$816$16,316
Information Technology$12,776$2,395$798$15,969
Insurance$11,750$2,203$734$14,687
Other Employee Benefits$10,958$1,110$278$12,346
Office Expenses$4,626$868$4,684$10,178
Other Expenses$8,077$1,515$505$10,097
Occupancy$6,892$1,292$431$8,615
Fees for Services Accounting-$6,900-$6,900
Advertising$4,681$878$293$5,852
Pension Plan Contributions$4,003$1,063$218$5,284
Interest$4,053$760$253$5,066
Travel$888$166$55$1,109
Fees for Service Investment Mgmnt Fees-$1,051-$1,051
Total Functional Expenses$448,533$89,286$66,033$603,852

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$617,308
Total Expenses per Form 990$603,852
Expenses per Audited Statements$602,801
Expenses Not Reported on Form 990$14,507
Expenses Not Reported on Financial Statements$1,051
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$14,507
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Luncheon$129,843-$7,073-
Author Event$10,995-$227-
Total Events$140,838-$14,507$-14,507
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
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, Page 6, Part VI, Line 11B

An electronic copy of the 990 was forwarded to board members prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

Members of the coucil's board of directors review and sign the complete confilict of interest policy once each year.

Form 990, Page 6, Part VI, Line 15A

Members of the board's executive committee review and consider a report published annually by the nc center for non-profits detailing staff conpensation rates. They make compensentation decisions for the council's executive director accordingly based on similar and prevailing compensation in nc.

Form 990, Page 6, Part VI, Line 15B

Executive director approves other officer/key employee salaries

Form 990, Page 6, Part VI, Line 19

These documents are available to any interested persons upon request, and with 24 hours notice, at our offices at 1012 south 17th st. Wilmington, nc during regular office hours.

Filing and Contact Details

Filer

Filer Name
Cape Fear Literacy Council
EIN
58-1613254
Phone
9102510911
Address
1012 SOUTH 17TH ST, WILMINGTON, NC 28401

Signing Officer

Name
Yasmin Shah Tomkinson
Title
Executive Director
Phone
9102510911
Signed
2025-08-18

Organization Details

Principal Officer
Yasmin Shah Tomkinson
Formed
1985
Voting Board Members
15
Independent Board Members
15
Employees
12
Volunteers
175

Preparer

Firm
Jason C Keller CPA Pllc
Address
PO BOX 3986, WILMINGTON, NC 28406-0986
Preparer
Jason C Keller
Phone
9103955445
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Fundraising exps not netted with rev on f/s 14,507 fundraising exps not netted with rev on f/s -14,507

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Fundraising exps not netted with rev on f/s 14,507

Schedule D, Page 4, Part XII, Line 2D

Fundraising exps not netted with rev on f/s 14,507

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