Civic Intelligence

Literacy Trust Inc.

990 • Fiscal year 2015 • EIN 59-3551080

Jan 01, 2015 to Dec 31, 2015 • Filed on May 13, 2016

Organization ProfileWWW.LITERACYTRUST.ORG
180 West 80th Street Suite 212New York, NY 10024

(212) 595-4400

Siviq Scores

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

Liabilities / Assets

70th percentile

0.01x

Higher debt load relative to assets than 70% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Net Margin

87th percentile

44%

Higher net margin than 87% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Top Officer Pay

99th percentile

$210,000

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 279.2% of source-year revenue.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Asset Growth

52nd percentile

3.5%

Faster asset growth than 52% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

7th percentile

-64%

Faster revenue growth than 7% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$127,519

Up $54,623 (+75%) from 2013

Net Assets

Up

$126,235

Up $63,406 (+101%) from 2013

Liabilities

Down

$1,284

Down $8,783 (-87%) from 2013

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin87th percentile

Revenue

Down

$75,228

Down $84,609 (-53%) from 2013

Expenses

Down

$41,905

Down $101,783 (-71%) from 2013

Net Income

Up

$33,323

Up $17,174 (+106%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $73,289Liabilities 2011: $2,923Net Assets 2011: $70,3662011Assets 2012: $58,944Liabilities 2012: $12,264Net Assets 2012: $46,6802012Assets 2013: $72,896Liabilities 2013: $10,067Net Assets 2013: $62,8292013Assets 2015: $127,519Liabilities 2015: $1,284Net Assets 2015: $126,2352015Assets 2016: $624,051Liabilities 2016: $82,920Net Assets 2016: $541,1312016Assets 2018: $1,183,107Liabilities 2018: $131,573Net Assets 2018: $1,051,5342018Assets 2019: $1,156,493Liabilities 2019: $41,022Net Assets 2019: $1,115,4712019Assets 2020: $1,422,699Liabilities 2020: $361,715Net Assets 2020: $1,060,9842020Assets 2021: $3,504,762Liabilities 2021: $462,612Net Assets 2021: $3,042,1502021Assets 2022: $1,951,497Liabilities 2022: $191,913Net Assets 2022: $1,759,5842022Assets 2023: $1,472,369Liabilities 2023: $100,291Net Assets 2023: $1,372,0782023Assets 2024: $530,923Liabilities 2024: $451,322Net Assets 2024: $79,6012024

Highlighted filing

2015

Assets$127,519
Liabilities$1,284
Net Assets$126,235
Open 2015 Filing

Operations Trend

Revenue Growth7th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $241,5492011Expenses 2012: $224,6102012Revenue 2013: $159,837Expenses 2013: $143,688Net Income 2013: $16,1492013Revenue 2015: $75,228Expenses 2015: $41,905Net Income 2015: $33,3232015Revenue 2016: $1,678,928Expenses 2016: $1,266,032Net Income 2016: $412,8962016Revenue 2018: $1,717,711Expenses 2018: $1,827,900Net Income 2018: -$110,1892018Revenue 2019: $2,078,656Expenses 2019: $2,014,719Net Income 2019: $63,9372019Revenue 2020: $2,445,709Expenses 2020: $2,457,971Net Income 2020: -$12,2622020Revenue 2021: $4,601,773Expenses 2021: $2,806,592Net Income 2021: $1,795,1812021Revenue 2022: $1,784,480Expenses 2022: $3,258,614Net Income 2022: -$1,474,1342022Revenue 2023: $1,582,377Expenses 2023: $2,032,798Net Income 2023: -$450,4212023Revenue 2024: $922,846Expenses 2024: $1,717,309Net Income 2024: -$794,4632024

Highlighted filing

2015

Revenue$75,228
Expenses$41,905
Net Income$33,323
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 13, 2016
Return Version
2015v2.1
Gross Receipts
$75,228
Mission and Program Overview

Mission

Literacy trust leverages what exists to build educational capacity in schools to create fluent, motivated, self-confident readers.

Literacy trust, inc is committed to helping children achieve literacy by disseminating high-quality, cost-effective programs for schools and families

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$47,440$100,919▲ $53,479
Accounts Receivable$71,084$23,000▼ $48,084
Cash and Non-Interest-Bearing Accounts$1,134--
Total Assets$123,258$127,519▲ $4,261
Other Assets Total$3,600$3,600→ $0
Liabilities
Accounts Payable and Accrued Expenses$6,412$1,284▼ $5,128
Total Liabilities$6,412$1,284▼ $5,128
Net Assets / Fund Balance
Unrestricted Net Assets$116,846$126,235▲ $9,389
Total Net Assets Fund Balance$116,846$126,235▲ $9,389
Total Liabilities and Net Assets / Fund Balance$123,258$127,519▲ $4,261
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Tiffany ZapicoExecutive DirectorFT$103,487$103,487

Board Members and Trustees

NameTitle
Jayne BentzenChair
Nora L HooverFormer President
Benedict a SilvermanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$60,000
Program Service Revenue
$15,228
Investment Income
$0
Other Revenue
$0
All Other Contributions
$60,000
Change in Net Assets
$33,323
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$41,905
Total Fundraising Expense$5,526
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$25,873$1,617$4,851$32,341
Office Expenses$3,442$448$632$4,522
Travel$2,759--$2,759
Conferences and Meetings$1,201--$1,201
Fees for Services Accounting-$375-$375
Information Technology$226$14$43$283
Other Expenses$155$61-$61
Total Functional Expenses$33,864$2,515$5,526$41,905
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
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

“Benedict a. Silverman and jayne bentzen are husband and wife.”

Form 990, Part VI, Section B, Line 11

“The organization's president reviews the 990 with the outside accountants before it is filed. It is also sent to the chair prior to filing.”

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

“Officers, directors and key employees receive a copy of the conflicts of interest policy annually and are required to disclose any conflicts.”

Form 990, Part VI, Section B, Line 15A

“During 2015, before hiring the executive director, the board used comparable compensation data for similarly qualified persons in functionally comparable positions at similarly situated organizations to determine the compensation. This process and approval was documented at that time.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Literacy Trust Inc
EIN
59-3551080
Phone
2125954400
Address
180 WEST 80TH STREET SUITE 212, NEW YORK, NY 10024

Signing Officer

Name
Jayne Bentzen
Title
Chair
Phone
2125954400
Signed
2016-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jayne Bentzen
Formed
1998
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
665 FIFTH AVENUE, NEW YORK, NY 10022
Preparer
Christopher Petermann
Phone
2122862600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Write off of bad debt -23,934.”

Raw XML Appendix389 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06412
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01284
IRS990/AccountsReceivableGrp/BOYAmt071084
IRS990/AccountsReceivableGrp/EOYAmt023000
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LITERACY TRUST, INC IS COMMITTED TO HELPING CHILDREN ACHIEVE LITERACY BY DISSEMINATING HIGH-QUALITY, COST-EFFECTIVE PROGRAMS FOR SCHOOLS AND FAMILIES
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt060000
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum02125954400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0180 WEST 80TH STREET SUITE 212
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010024
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01134
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01201
IRS990/ConferencesMeetingsGrp/TotalAmt01201
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt060000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt041905
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt015228
IRS990/CYRevenuesLessExpensesAmt033323
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt041905
IRS990/CYTotalFundraisingExpenseAmt05526
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt075228
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0IN 2015 THE ORGANIZATION DELIVERED READING RESCUE TRAINING AT BELOW COST FOR 16 COHORTS OF TUTORS ACROSS 40 SCHOOLS. THE TRAINING, WHICH PREPARED TUTORS TO DELIVER THE RESEARCH-BASED INSTRUCTION SOME STRUGGLING STUDENTS NEED TO SUCCEED, WAS DELIVERED ON SITE AT EACH OF 16 LOCATIONS THROUGHOUT THE YEAR AND, IN ADDITION, SITE VISITS WERE CONDUCTED TO PROVIDE SUPPORT AND TO MONITOR PROGRAM IMPLEMENTATION. IN THE SPRING OF THE YEAR, ADVANCED TRAINING WAS PROVIDED ON A LOCAL UNIVERSITY CAMPUS IN THE FORM OF A TWO DAY INSTITUTE. THE INSTITUTE TRAINING WAS COMPLIMENTARY FOR TUTORS IN SCHOOLS SERVED BY THE ORGANIZATION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt033864
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0375
IRS990/FeesForServicesAccountingGrp/TotalAmt0375
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt345.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt255.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt29333
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0JAYNE BENTZEN
IRS990/Form990PartVIISectionAGrp/PersonNm1BENEDICT A SILVERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2TIFFANY ZAPICO
IRS990/Form990PartVIISectionAGrp/PersonNm3NORA L HOOVER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt294154
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3210000
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3FORMER PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt075228
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt043
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt014
IRS990/InformationTechnologyGrp/ProgramServicesAmt0226
IRS990/InformationTechnologyGrp/TotalAmt0283
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LITERACY TRUST, INC. IS COMMITTED TO HELPING CHILDREN ACHIEVE LITERACY BY DISSEMINATING HIGH-QUALITY, COST-EFFECTIVE PROGRAMS FOR SCHOOLS AND FAMILIES
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0116846
IRS990/NetAssetsOrFundBalancesEOYAmt0126235
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt04851
IRS990/OccupancyGrp/ManagementAndGeneralAmt01617
IRS990/OccupancyGrp/ProgramServicesAmt025873
IRS990/OccupancyGrp/TotalAmt032341
IRS990/OfficeExpensesGrp/FundraisingAmt0632
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0448
IRS990/OfficeExpensesGrp/ProgramServicesAmt03442
IRS990/OfficeExpensesGrp/TotalAmt04522
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03600
IRS990/OtherAssetsTotalGrp/EOYAmt03600
IRS990/OtherChangesInNetAssetsAmt0-23934
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt061
IRS990/OtherExpensesGrp/ProgramServicesAmt0208
IRS990/OtherExpensesGrp/ProgramServicesAmt1155
IRS990/OtherExpensesGrp/TotalAmt0208
IRS990/OtherExpensesGrp/TotalAmt1155
IRS990/OtherExpensesGrp/TotalAmt261
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAYNE BENTZEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015228
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015228
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt050000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt022126
IRS990/PYOtherRevenueAmt010054
IRS990/PYProgramServiceRevenueAmt0149887
IRS990/PYRevenuesLessExpensesAmt054017
IRS990/PYSalariesCompEmpBnftPaidAmt0133798
IRS990/PYTotalExpensesAmt0155924
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0209941
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt033323
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt015228
IRS990/SavingsAndTempCashInvstGrp/BOYAmt047440
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0100919
IRS990ScheduleA/FactsAndCircumstancesTestTxt0LITERACY TRUST PROVIDES READING RESCUE, A LITERACY INTERVENTION AND EDUCATOR TRAINING PROGRAM THAT WAS DEVELOPED IN 1993 BY LITERACY TRUST'S FOUNDER, DR. NORA HOOVER, ED.D. READING RESCUE PROVIDES COST-EFFECTIVE, ONE-ON-ONE, INTENSIVE INTERVENTIONS FOR ELEMENTARY SCHOOL STUDENTS AT SIGNIFICANT RISK OF LITERACY FAILURE, AND OFFERS RESEARCH-SUPPORTED TRAINING TO TEACHERS AND EDUCATIONAL PARAPROFESSIONALS TO HELP THEM INSTRUCT STRUGGLING STUDENTS IN AN EFFICIENT AND EFFECTIVE MANNER. THIS DUAL-FOCUS PROGRAM NOT ONLY HELPS CHILDREN TO QUICKLY LEARN TO READ AT OR ABOVE GRADE LEVEL, BUT IT ALSO HELPS PUBLIC SCHOOL EDUCATORS TO BECOME BETTER TEACHERS AND TRAINERS. IT HAS ACHIEVED OUTSTANDING RESULTS IN FLORIDA, WHERE IT WAS ORIGINALLY DEVELOPED, AND IN NEW YORK STATE AS WELL. TEACHERS AND ADMINISTRATORS FROM ELEMENTARY SCHOOLS THAT HAVE RECEIVED READING RESCUE TUTORING AND TRAINING HAVE PRAISED THE PROGRAM'S EFFICACY AS WELL AS ITS COST-EFFECTIVENESS. BECAUSE READING RESCUE TRAINS NOT ONLY TEACHERS BUT ALSO PARAPROFESSIONALS AND TEACHING ASSISTANTS TO PROVIDE LITERACY TUTORING, SCHOOLS ARE ABLE TO UTILIZE THE TIME AND EFFORTS OF MORE STAFF MEMBERS, AND CAN TUTOR MANY MORE STUDENTS IN LESS TIME AND AT LOWER COST. THIS IS AN ENORMOUS BENEFIT FOR THE MANY PUBLIC SCHOOLS THAT READING RESCUE SERVES, ALMOST ALL OF WHICH ARE EXPERIENCING SOME DEGREE OF FINANCIAL STRUGGLE. PUBLIC AVAILABILITY OF AND WIDESPREAD PUBLIC PARTICIPATION IN READING RESCUE IS A KEY COMPONENT OF LITERACY TRUST'S CHARITABLE MISSION. CURRENTLY, READING RESCUE IS BEING PROVIDED TO STUDENTS AND EDUCATORS IN OVER 50 NEW YORK CITY PUBLIC SCHOOLS. DUE TO THE OVERWHELMINGLY POSITIVE RECEPTION IT HAS RECEIVED IN METROPOLITAN NEW YORK, LITERACY TRUST IS IN THE PROCESS OF EXPANDING ITS PROGRAMS TO EVEN MORE SCHOOLS. ADDITIONALLY, LITERACY TRUST MAKES READING RESCUE TRAINING MATERIALS AVAILABLE TO ANY AND ALL EDUCATORS WHO WISH TO TAKE ADVANTAGE OF THEM. THUS, THROUGH ITS PROVISION OF READING RESCUE, LITERACY TRUST MAINTAINS A DEFINITIVE PROGRAM TO ACCOMPLISH ITS CHARITABLE WORK IN THE COMMUNITIES IN WHICH IT OPERATES. LITERACY TRUST ALSO WORKS CONTINUOUSLY TO ENSURE THAT THE READING RESCUE PROGRAM UTILIZES THE LATEST PUBLICLY AVAILABLE SCHOLARSHIP ON CHILD LITERACY AND TEACHER TRAINING IN ORDER TO HONE ITS TECHNIQUES AND METHODS. LITERACY TRUST'S STAFF WORK CLOSELY AND CONSTANTLY WITH EDUCATIONAL PROFESSIONALS FROM TEACHERS COLLEGE OF COLUMBIA UNIVERSITY, AS WELL AS OTHER HIGHLY RESPECTED EDUCATORS AND SCHOLARS, TO STAY ON TOP OF AVAILABLE SCHOLARLY RESEARCH IN THE FIELDS OF EDUCATION AND LITERACY AND ENSURE THAT SUCH RESEARCH IS ANALYZED AND USED IN THE DEVELOPMENT, ENHANCEMENT, AND PROVISION OF THE READING RESCUE PROGRAM.SIGNIFICANT PORTIONS OF LITERACY TRUST'S FUNDING COME FROM GOVERNMENTAL AGENCIES, SUCH AS THE NEW YORK CITY DEPARTMENT OF EDUCATION (THE "DOE"). LITERACY TRUST RECENTLY ENTERED INTO AN AGREEMENT WITH THE DOE TO PROVIDE READING RESCUE IN CONJUNCTION WITH THE DOE'S YOUNG MEN'S INITIATIVE PROGRAM, A CROSS-AGENCY ENTERPRISE THAT ADDRESSES DISPARITIES BETWEEN YOUNG BLACK AND LATINO MEN AND THEIR PEERS IN VARIOUS AREAS, INCLUDING EDUCATION AND EMPLOYMENT. AS A RESULT OF THIS PARTNERSHIP, LITERACY TRUST IS BRINGING READING RESCUE TO 90 ADDITIONAL NEW YORK CITY SCHOOLS OVER THE NEXT SEVERAL YEARS. FINALLY, LITERACY TRUST HAS EMBARKED ON AN AMBITIOUS PROGRAM OF FUNDRAISING IN ORDER TO ENSURE THAT IT DRAWS SUPPORT FROM SOURCES THAT ARE AS VARIED AS POSSIBLE, AND HAS MADE SUBSTANTIAL PROGRESS IN DEVELOPING A PROFESSIONAL STAFF. IT HAS RECENTLY HIRED A DIRECTOR OF PROGRAM, STRATEGY AND OPERATIONS WITH SIGNIFICANT EXPERIENCE IN BOTH EDUCATIONAL PROGRAMMING AND FUNDRAISING, AND IS PLANNING TO EXPAND ITS FUNDRAISING CAPABILITIES BY HIRING ADDITIONAL STAFF TO SUPPORT THIS EFFORT. IT IS ALSO ACTIVELY WORKING TO CULTIVATE A BOARD OF DIRECTORS THAT WILL REPRESENT THE BROAD INTERESTS OF THE PUBLIC, INCLUDING CIVIC LEADERS, EDUCATORS, AND COMMUNITY ORGANIZERS. FOR ALL OF THESE RE
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt060000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt045864
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt030000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt046500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0232364
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0698843
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt010054
IRS990ScheduleA/OtherIncome170Grp/TotalAmt010054
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.18370
IRS990ScheduleA/PublicSupportPY509Pct00.24440
IRS990ScheduleA/PublicSupportTotal170Amt044544
IRS990ScheduleA/SubstantialContributorsTotAmt0187820
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt060000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt045864
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt030000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt046500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0232364
IRS990ScheduleA/TotalSupportAmt0242418
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
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0210000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0NORA L HOOVER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0210000
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BENEDICT A. SILVERMAN AND JAYNE BENTZEN ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S PRESIDENT REVIEWS THE 990 WITH THE OUTSIDE ACCOUNTANTS BEFORE IT IS FILED. IT IS ALSO SENT TO THE CHAIR PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS, DIRECTORS AND KEY EMPLOYEES RECEIVE A COPY OF THE CONFLICTS OF INTEREST POLICY ANNUALLY AND ARE REQUIRED TO DISCLOSE ANY CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DURING 2015, BEFORE HIRING THE EXECUTIVE DIRECTOR, THE BOARD USED COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS TO DETERMINE THE COMPENSATION. THIS PROCESS AND APPROVAL WAS DOCUMENTED AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WRITE OFF OF BAD DEBT -23,934.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BENEDICT SILVERMAN FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0261441980
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0509(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PRIVATE FOUNDATION,GRANTMAKING AND CHARITABLE ACTIVITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04 TITUS ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WASHINGTON DEPOT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd006794
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0123258
IRS990/TotalAssetsEOYAmt0127519
IRS990/TotalAssetsGrp/BOYAmt0123258
IRS990/TotalAssetsGrp/EOYAmt0127519
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt060000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05526
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02515
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt033864
IRS990/TotalFunctionalExpensesGrp/TotalAmt041905
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06412
IRS990/TotalLiabilitiesEOYAmt01284
IRS990/TotalLiabilitiesGrp/BOYAmt06412
IRS990/TotalLiabilitiesGrp/EOYAmt01284
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0116846
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0126235
IRS990/TotalOtherCompensationAmt09333
IRS990/TotalProgramServiceExpensesAmt033864
IRS990/TotalProgramServiceRevenueAmt015228
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt015228
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt075228
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0123258
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0127519
IRS990/TotReportableCompRltdOrgAmt0304154
IRS990/TravelGrp/ProgramServicesAmt02759
IRS990/TravelGrp/TotalAmt02759
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0116846
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0126235
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0180 WEST 80TH STREET SUITE 212
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010024
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.LITERACYTRUST.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAYNE BENTZEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02125954400
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LITERACY TRUST INC
ReturnHeader/Filer/BusinessNameControlTxt0LITE
ReturnHeader/Filer/EIN0593551080
ReturnHeader/Filer/PhoneNum02125954400
ReturnHeader/Filer/USAddress/AddressLine1Txt0180 WEST 80TH STREET SUITE 212
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010024
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271728945
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKF O'CONNOR DAVIES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0665 FIFTH AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010022
ReturnHeader/PreparerPersonGrp/PhoneNum02122862600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER PETERMANN
ReturnHeader/ReturnTs02016-05-13T09:58:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$127,519
Liabilities
$1,284
Net assets
$126,235
Revenue
$75,228
Expenses
$41,905
Net income
$33,323
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.45$0.08$0.92$1.72$0.79
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.10$1.37$1.58$2.03$0.45
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.19$1.76$1.78$3.26$1.47
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.50$0.46$3.04$4.60$2.81$1.80
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.36$1.06$2.45$2.46$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.04$1.12$2.08$2.01$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.13$1.05$1.72$1.83$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.08$0.54$1.68$1.27$0.41
2015Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.08$0.04$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.06$0.16$0.14$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.01$0.05$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.24